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All Forums Category: US Coins and Currency Forums Forum: US Modern Coins

Where Do Sellers Get Their BU Rolls?

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yellow88
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 Posted 12/30/2019  03:45 am  Show Profile   Bookmark this reply Add yellow88 to your friends list Get a Link to this Reply
In reference to coins from the 1970's. Especially "unpopular" 50c and $1 coins.

During that period, commercial banks would periodically sell these coins (in bulk and untouched still in the "mint bag" the bank received them in) direct to customers at face value.

The typical buyer profile was normally of the sort of type to hoard these bags. There are still more of these bags (and hence coins) NOT in the marketplace then are.
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