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1990 One Cent Rolls?

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Author Previous TopicReplies: 15 / Views: 1,241Next Topic  
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Zonad's Avatar
Canada
1444 Posts
 Posted 03/10/2023  12:52 pm Show Profile   Bookmark this topic Add Zonad to your friends list Get a Link to this Message Number of Subscribers
Why such a premium?
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JimmyD's Avatar
Canada
20779 Posts
 Posted 03/10/2023  12:58 pm  Show Profile   Bookmark this reply Add JimmyD to your friends list Get a Link to this Reply
Do you have an example?
Don't forget sellers can ask what they want,
it is up to the buyer to do their homework.
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ijn1944's Avatar
United States
18070 Posts
 Posted 03/10/2023  1:01 pm  Show Profile   Bookmark this reply Add ijn1944 to your friends list Get a Link to this Reply
Yes, it's the marketplace--warts and all.
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Zonad's Avatar
Canada
1444 Posts
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robmck1967's Avatar
Canada
869 Posts
 Posted 03/10/2023  1:43 pm  Show Profile   Bookmark this reply Add robmck1967 to your friends list Get a Link to this Reply
J&M... say no more. Often overpriced and sometimes unbelievably low. He (Joe) only wanted $15 on a beautiful 5 cent 1953 MS grade off center strike but he wanted $200 for a 1 cent mid 60's minor lamination error!!

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johnnysprawl's Avatar
Canada
1571 Posts
 Posted 03/10/2023  2:12 pm  Show Profile   Bookmark this reply Add johnnysprawl to your friends list Get a Link to this Reply
Does J&M even have a store anymore?
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denny7000's Avatar
Canada
977 Posts
 Posted 03/10/2023  3:34 pm  Show Profile   Bookmark this reply Add denny7000 to your friends list Get a Link to this Reply
J&M does have a store on Kingsway if you're familiar with Vancouver, liked the old store way better.
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Canada
5460 Posts
 Posted 03/10/2023  5:12 pm  Show Profile   Bookmark this reply Add okiecoiner to your friends list Get a Link to this Reply
I think that they misplaced the decimal point .... maybe $12.50? Why would they be so high, as 200 million were minted?
Edited by okiecoiner
03/11/2023 07:30 am
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Canada
9732 Posts
 Posted 03/10/2023  5:29 pm  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
They have sold on ebay recently for about $90 per roll.
225377223869
"Dipping" is not considered cleaning...
-from PCGS website
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Zonad's Avatar
Canada
1444 Posts
 Posted 03/10/2023  6:24 pm  Show Profile   Bookmark this reply Add Zonad to your friends list Get a Link to this Reply
Colonial Acres price is $70, none available..
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Canada
1979 Posts
 Posted 03/10/2023  9:58 pm  Show Profile   Bookmark this reply Add Smallcentguy to your friends list Get a Link to this Reply
$90 is a lot.

But cent roll supply is drying up.

Certain dates (including 1985 - 1991) are very elusive in PCGS top grades. ICCS coins do not cross well in these dates.

Lets say a 1990 cent in PCGS MS67 is worth $500--if you could ever get one. In that context, buying 10 rolls of raw cents for $250 can make lots of sense (cents!).
Edited by Smallcentguy
03/10/2023 9:59 pm
Pillar of the Community
Canada
1979 Posts
 Posted 03/20/2023  11:49 am  Show Profile   Bookmark this reply Add Smallcentguy to your friends list Get a Link to this Reply
So as a follow up to this, I just received a set of rolls from the early 1990s that I picked up for around $20 each.

I cracked one open to start and I am pretty certain I have snagged a PCGS-level 1991 MS67. I probably have a couple to send to ICCS also that should grade MS66/MS67.

I am delighted with that roll buy! It was cheaper than free as far as I am concerned.
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chadcoins's Avatar
Canada
1134 Posts
 Posted 03/20/2023  12:55 pm  Show Profile   Bookmark this reply Add chadcoins to your friends list Get a Link to this Reply
Your hard work just might pay off for you. Were there many moisture stained coins?
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Canada
1979 Posts
 Posted 03/20/2023  1:01 pm  Show Profile   Bookmark this reply Add Smallcentguy to your friends list Get a Link to this Reply
The first one was pretty much free of spotting. It had maybe 4 or 5 coins with black grease on the edge of the coins. The black grease stained rolls are fairly common in that era for some reason. I have not opened the others yet but they look very clean.
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Canada
1979 Posts
 Posted 03/21/2023  7:52 pm  Show Profile   Bookmark this reply Add Smallcentguy to your friends list Get a Link to this Reply
So all the rolls done. I have 5 coins for PCGS and about 5 for ICCS. Single digit percentage hit rate, which is about par for the course. 100% of rolls were problem free (i.e., no carbon spots), but as usual for the era lots of baggy MS62-type coins. One roll with that kind of water spot look.
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chadcoins's Avatar
Canada
1134 Posts
 Posted 03/22/2023  11:32 am  Show Profile   Bookmark this reply Add chadcoins to your friends list Get a Link to this Reply
Very impressive finds and share your results when you get them back. You might need the Armored Brinks Guard to get them home from the post office.
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