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 Replies: 17 / Views: 1,995 |
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Pillar of the Community
United States
819 Posts |
you got a mint roll of coins, either bank wrapped or in mint wrappers, one end heads, the other tails, and you noticed an error on one side? A. Open the roll to see if all were errors? B. Sell the roll unopened and possible get more than if you open the roll and only one coin was an error or variety? Would it depend on the coin such as a MN quarter with the extra tree or speared bison nickel, or ?  |
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Pillar of the Community
United States
3077 Posts |
i have a hard time keeping coins in the wrapper
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Pillar of the Community
 United States
819 Posts |
yotie, I assume you are speaking from a storage point of view; but what would you do from a monetary point of view...assuming you were going to try to maximize amount realized? I know when the Wisconsin quarter error was made public awareness, people bid unopened mint boxes way way up. I think I would open it and see, takng the chance that there was only one but hoping for a whole roll.
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Valued Member
United States
259 Posts |
I would have to open it... can't resist checking
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Moderator
 United States
187702 Posts |
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I would have to open it... can't resist checking Same here. It would forever hunt me not knowing what was inside. Personally, I find the opportunity for discovery more appealing than monetary gain. |
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Pillar of the Community
Egypt
3470 Posts |
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Pillar of the Community
United States
7629 Posts |
Depends on whether you are talking about an error or a die variety. If an error, such as a double struck coin, your chances of finding another one in the roll would be slim. If it were a doubled die or another die variety, chances are far better at finding another one in the roll.
Either way, I would open the roll, because the individual coins in the roll are worth the same thing regardless of whether they are in paper.
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Pillar of the Community
Canada
1166 Posts |
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Pillar of the Community
United States
5604 Posts |
The thrill of the HUNT is more than half the fun of collecting!! Just a thought...PS: What kind of coin and what type of error?  |
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Valued Member
United States
311 Posts |
I'd open it too. A couple weeks ago I got a roll in a Brinks box that had an Indian Head cent reverse showing on one end, and a generic Zincoln on the other. I'm sure I could have sold it on ebay for at least 5x face, but I couldn't wait to tear it open! |
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Pillar of the Community
United States
3077 Posts |
Quote:
yotie, I assume you are speaking from a storage point of view; but what would you do from a monetary point of view...assuming you were going to try to maximize amount realized? I know when the Wisconsin quarter error was made public awareness, people bid unopened mint boxes way way up. I think I would open it and see, takng the chance that there was only one but hoping for a whole roll. nope I was saying I would open them up, sure they may bid high in the hopes of a roll full of errors but my luck is if I sold em unopened they would be a full roll of errors |
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Bedrock of the Community
United States
62064 Posts |
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high in the hopes of a roll full of errors The coins in a roll/bag/bin all come the same run of several machines filling them. The most I've found in a roll of Cents is 19 from the same die pair. So a whole roll is a pipe dream. But usually you get examples made from several dies per roll. |
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Pillar of the Community
United States
1807 Posts |
Open, open, open.  |
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Valued Member
United States
419 Posts |
I couldn't resist opening it!
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Pillar of the Community
United States
3098 Posts |
Open! I mean, you can always get another roll, right?
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Bedrock of the Community
United States
17884 Posts |
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Either way, I would open the roll, because the individual coins in the roll are worth the same thing regardless of whether they are in paper. That is true, but it is a psychological problem. You know that they are worth the same either way, and you should know that you are NOT going to have a solid roll of that error or variety, but if you are trying to maximize your return it may be better to leave the roll intact an prey on those people who let their imaginations run away with themselves and who will pay much higher money for the roll because THEY think it may be chock full of those errors/varieties. You might open it and find only one. As Coop says the most pieces he has found of the same die pair in a roll is 19. My guess is the average is probably 8 of the same die pair. But selling it as an unopened roll you may get someone who will pay as if there are 25 to 30 of them in there. |
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Replies: 17 / Views: 1,995 |
Posted 02/03/2009 10:27 am
