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Question About Buying Mint Rolls Of Coins.

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carmykle's Avatar
United States
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 Posted 01/24/2011  3:55 pm  Show Profile   Bookmark this reply Add carmykle to your friends list Get a Link to this Reply
You guys forget, some of us can't order rolls directly from the banks as you do. The only other options are to buy them from a dealer or the mint. Lately, and I believe because of the mint's roll programs, dealers are charging outrageous premiums for rolls. Depending on the coin, many times just below mint prices. I guess I'll just have to move to a larger town with bigger banks. NOT!

Sooooo...my heirs will get to sell or break open genuine, US Mint rolls after I'm long gone. They'll probably try to use them in futuristic gumball machines that will only accept credit cards.
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eaglefoot's Avatar
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 Posted 01/24/2011  3:59 pm  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply


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jgfindring's Avatar
United States
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 Posted 01/24/2011  4:00 pm  Show Profile   Bookmark this reply Add jgfindring to your friends list Get a Link to this Reply
Hot news! Dansco is coming out with an album (#9666) to hold unopened Mint rolls!
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eaglefoot's Avatar
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 Posted 01/24/2011  4:04 pm  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply






Some folks hate the "paper"......some folks like the "paper".......some folks love the "paper".
But at least we all respect all levels of collectors, all kinds of collectors, and all theories of collectors.......even if we agree to disagree .... ...




Quote:
Hot news! Dansco is coming out with an album (#9666) to hold unopened Mint rolls!


Actually......that's HSN....not Dansco ! ..... ...
Edited by eaglefoot
01/24/2011 4:08 pm
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jbuck's Avatar
United States
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 Posted 01/24/2011  4:06 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Hot news! Dansco is coming out with an album (#9666) to hold unopened Mint rolls!
Bedrock of the Community
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 Posted 01/24/2011  4:40 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:

I must admit that I am a roll collector. I love original rolls. I have never opened any, and probably never will. Can you imagine opening a roll from the 1970's in say 2041?


OR in 2041 you do open those rolls and find they were all spiked with a pile of normal, everyday, circulated coins or even worse, washers. Might get lucky though if the washers were all Copper and Copper prices were way up there.

Quote:
My point precisely with the "Official U.S. Mint PAPER" ! That's how you actually DO know exactly what's in there ! ....

And I suspect if there are people that know how to open a slabbed coin, replace the coin, reseal the slab, surely there must be those that can do that with a piece of paper.
And who knows how they were stored? The entire roll might well be full of corrosion.
I'll just keep away from rolls unless I can open them and see what is really in them.
Edited by just carl
01/24/2011 4:45 pm
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 Posted 01/24/2011  4:52 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Now here is one more horrible thought. I wonder if anyone has contacted the Mint to see if they sell just roll paper. Or even empty rolls. If not, ever wonder how difficult it would be for almost anyone to make copies of those? If roll collecting continues to grow, I'm sure China will jump on that one too
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jbuck's Avatar
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 Posted 01/24/2011  5:20 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Now here is one more horrible thought. I wonder if anyone has contacted the Mint to see if they sell just roll paper. Or even empty rolls.
Keep in mind, this is nothing like paper money. These things would be very easy to counterfeit; easier than a TPG slab.
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carmykle's Avatar
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 Posted 01/24/2011  10:18 pm  Show Profile   Bookmark this reply Add carmykle to your friends list Get a Link to this Reply
OMG, lets not go there. I can see the subscription now


Quote:
Hurry, gen-u-ine, Mint sanctioned coin roll paper! Be the first on you block to roll some washers.


You know that would happen.

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captainkurt's Avatar
United States
1406 Posts
 Posted 01/24/2011  10:21 pm  Show Profile   Bookmark this reply Add captainkurt to your friends list Get a Link to this Reply
That's where un-opened mint boxes of mint wrapped rolls comes in. Seriously, those boxes, with date stamps on the outside, housing mint rolled wrappers on the inside. I know anything is possible but at some point you just know an un-opened mint box of mint wrapped rolls is going to be legit.
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eaglefoot's Avatar
United States
6326 Posts
 Posted 01/25/2011  09:14 am  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply


Yes, not too likely at all that one would have to worry about "what's in there" with U.S. Mint rolls. I won't worry !

The "washer rolls" are more likely found in "Customer wrapped" or "Bank wrapped" rolls.....and even that isn't very often.
"My" bank will not accept "rolled coins", they say because they'd have to open them to count them anyway. (I should say...they will take them, but they open them right in front of you and then count them...very tedious process) They always told me never to roll my coins when I bring in my "dumps". They run them through the coin counter machine and give me the cash.
It's fastest for them....and fastest for me.
So, if anyone EVER were to take a "roll of washers" disguised as coins to a bank....well.....I just don't think that would work nowadays.
And I just have ZERO worry about fake Mint paper and being defrauded by someone in the future.....
I think that's kind of "reachin' ...."
No caution is necessary in purchasing or accepting Official U.S. Mint roll Sets now or in the foreseeable future IMO.
Edited by eaglefoot
01/25/2011 09:19 am
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