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Error Coin Questions I Have Since Becoming A Member

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The Detectorist's Avatar
United States
46 Posts
 Posted 12/09/2021  7:22 pm Show Profile   Bookmark this topic Add The Detectorist to your friends list Get a Link to this Message Number of Subscribers
1. How do you get/purchase BU rolls of coins?
2. What is considered the most sought after type of coin error? I assume this is individual specific...
3. What coin error type is considered the most valuable?
4. I noticed several folks say they have ordered rolls or boxes of rolls of coins from different states...how do you do this? Do you order them from a bank or ?

I will stop at 4 questions for now I have plenty more but answers to these will satisfy me for now.
Pillar of the Community
United States
549 Posts
 Posted 12/09/2021  8:13 pm  Show Profile   Bookmark this reply Add VestigeWolf to your friends list Get a Link to this Reply
I do local auctions mostly. I have bought a couple rolls off ebay but they were not satisfactory to me. Not sure about most valuable, but I sold a 1936P DDO-001 for 275.00 on ebay not to long ago.
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John1's Avatar
United States
56855 Posts
 Posted 12/10/2021  04:25 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
You cannot order specific dates from banks. You can sometimes get boxes of BU coins from your bank though.
John1
Pillar of the Community
United States
1204 Posts
 Posted 12/10/2021  09:27 am  Show Profile   Bookmark this reply Add sheldius to your friends list Get a Link to this Reply
Welcome to CCF. You can find out if there is a coin shop in your area and let them know you want BU coin rolls of a certain type. If the coins you are looking for are older coins (like Wheat cent) or coins recently with known varieties. Collectors will save rolls for sale later.

For 2021, you just have to call banks and see if they will sell you boxes or coins and you get what you get. Sometimes circulated coins, sometimes straight from the mint.
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John1's Avatar
United States
56855 Posts
 Posted 12/10/2021  10:06 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply

Quote:
sometimes straight from the mint

Do you mean from the U.S. mint or a Armour car company like Loomis? I have never got a box from my bank that came direct from the mint.
John1
Bedrock of the Community
coop's Avatar
United States
62064 Posts
 Posted 12/10/2021  10:36 am  Show Profile   Bookmark this reply Add coop to your friends list Get a Link to this Reply
1. How do you get/purchase BU rolls of coins?
Banks sell coinage in your area. Most of the time they require you have an account with them. But when you go out of town you might try to buy rolls in other areas.

2. What is considered the most sought after type of coin error? I assume this is individual specific...
Loaded question. Depends on what you consider errors? There are actually three different types of coins to search for.
Error-Coin-Questions-I-Have-Since-Becoming-A-Member
I prefer coin varieties. They includes doubled dies and RPMs. These are the ones I search for. Mint errors are more of a one off thing. They are not found easily, but found rarely. Die events are common and most don't bring a premium for them. New collectors search for these types, but after looking for some time they will realize how common they are and stop saving them. Then move more into the variety coins. Damaged coins that people post all the time are just face value coins. Damage to a coin is not a good thing. They look different but were altered by someone outside of the mint trying to create coin errors, but then they fail, they just spend them.

3. What coin error type is considered the most valuable?
True mint errors are often have the higher value, but most stick with coin Varieties.

4. I noticed several folks say they have ordered rolls or boxes of rolls of coins from different states...how do you do this? Do you order them from a bank or ?
Buying rolls of coins are often done at local coin shows. They will be sold as a premium, not an even exchange like bank roll coins. I've paid as much as $100 for a roll of cents. other times as little as 75 cents per roll of cents. You are at the mercy of the seller of the coins and have to consider what they do/do not have. The most entertaining searches are on local coin shows. As you never know what you will find. Coin shops sell coins also, but you might not be able to search through the stock until you have dealt with them for a time. ebay coins are shots in the dark most of the time. Until you learn what to look for and figure out what the bottom feeders are trying to sell you, you are at their mercy. Best to spend more time here to learn what you want to collect. What are the ups and downs of coin collecting. Also you will learn that not all coins sold for a premium are what you might not want later. So get the basics here as what to look for and determine what you as a collector needs to know and want to know about. Hope this helps.
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The Detectorist's Avatar
United States
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 Posted 12/10/2021  10:24 pm  Show Profile   Bookmark this reply Add The Detectorist to your friends list Get a Link to this Reply
Thanks to all who responded very informative and very interesting too! Special thanks to COOP for answering every question and taking the time to explain!
Valued Member
United States
392 Posts
 Posted 12/14/2021  09:14 am  Show Profile   Bookmark this reply Add Parnelli917 to your friends list Get a Link to this Reply
Great questions. You've come to the right place for answers. I've learned over time that there are experts here who take the time to evaluate coins upon request. While the answers are not always what the submitter wants to hear, they continue to provide assessment and advice, tirelessly.
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