Bags And Rolls Offered By The US Mint

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Author	Replies: 7 / Views: 1,112
howell1018 Pillar of the Community United States 718 Posts	Posted 02/12/2021 10:57 pm I get Numismatic News. I see production reports in each issue. Specifically production for bags and rolls of current dated quarter and dollar coins. For what purpose do people buy these? Are there collectors that collect these? I think you'd have to hold onto them for about a hundred years to see any appreciation. Am I missing something? Each to their own I guess. Report this Post to the Staff

silviosi Pillar of the Community Canada 6244 Posts	Posted 02/13/2021 06:28 am Maybe they collect the bags. New topic, hehehe bags collecting. Edited by silviosi 02/13/2021 06:30 am Report this Post to the Staff
Dearborn Moderator United States 95254 Posts	Posted 02/13/2021 08:05 am Some folks buy the bags so the can break them open then turn around and sell the quarters (or what ever) individually on ebay at inflated prices. Collecting since 1972. Learning from then on "Tell me and I forget. Teach me and I remember. Involve me and I learn." - Benjamin Franklin 7070 type set coin count: 51/76 Uncirculated American Silver Eagles My American Silver Eagle Proof Collection Sacagawea Dollars Innovation Dollars Eisenhower-Dollars Kennedy-Half Dollars Washington-Quarters Roosevelt-Dimes Buffalo-Nickels 1938-2005 Jefferson-Nickels Lincoln-Cents Report this Post to the Staff
Ballyhoo Pillar of the Community United States 1613 Posts	Posted 02/13/2021 08:26 am Dealers primarily. For the Kennedy halves and the latest Innovation Dollars especially as these are not distributed through normal channels, in other words struck only for collectors. As for the other circulating denominations, and dependent on the volume a dealer does, banks are sometimes reluctant to exchange large quantities. ANA member - PAN Member - BCCS Member There are no problems only solutions - the late, great John Lennon Report this Post to the Staff
bcuda Valued Member United States 101 Posts	Posted 02/13/2021 08:37 am The 2020 American Samoa P&D Mint Quarter roll set cost $34 from the mint they are selling on E-bay if you can find one at $95. That surely is not a hundred years. It just depends I guess. Edited by bcuda 02/13/2021 08:38 am Report this Post to the Staff
T-BOP Rest in Peace United States 18456 Posts	Posted 02/13/2021 10:33 am Those rolls from the mint are not OBW's . They are OMW's , ( original mint wrapped rolls ) which should be nicer hit wise than bank wraps . OBW collectors who are willing to pay a premium for these rolls will do so . Any questions ? Report this Post to the Staff
Dearborn Moderator United States 95254 Posts	Posted 02/13/2021 10:48 am yeah, I have questions... But they are not pertinent to this discussion.. Collecting since 1972. Learning from then on "Tell me and I forget. Teach me and I remember. Involve me and I learn." - Benjamin Franklin 7070 type set coin count: 51/76 Uncirculated American Silver Eagles My American Silver Eagle Proof Collection Sacagawea Dollars Innovation Dollars Eisenhower-Dollars Kennedy-Half Dollars Washington-Quarters Roosevelt-Dimes Buffalo-Nickels 1938-2005 Jefferson-Nickels Lincoln-Cents Report this Post to the Staff
Conder101 Bedrock of the Community United States 17884 Posts	Posted 02/16/2021 03:42 am Some people buy them because they want to get the new coins IMMEDIATELY and not wait for them to show up at the banks. Some buy them because they are hoping to search them hoping to find very high end coins for grading and flipping. Some of the coins , such and the half dollars, dollars and S mint business strike quarters are not made for circulation and the only way to get them is to buy the bags/rolls directly from the mint or from coin dealers. Report this Post to the Staff
	Replies: 7 / Views: 1,112

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