Any Profit In BU Coin Rolls?

not sure if you are talking about mint sets or rolls of coins. I am guessing mint sets because breaking up of rolls is called pocket change (actually I would think a mint set coin once broken out would be considered pocket change also, unless it was a date they didn't make a certain denomination for circulation). The roll of BU coins you are looking at buying, are they a roll made up from mint sets or just rolls from the bank (not sure it really matters since they are all handled the same way). Now if they are from proof sets and someone made a whole roll from different proof sets thats different but would need more information from you before anyone can advice you on what you are asking

I am not sure what a 1950 nickel is worth, it would be just like finding a 1950 nickel in your pocket change. Just because they are in a roll doesn't mean they are uncirculated either so can't really say all are going to be at least MS-62 I wouldn't think. I would waitt and hear from some roll searchers to see what they say

Amida that's what I'm looking for. I'm just using a 50-D as an example here, but lets continue on that path. CDN is greysheet correct? What does CDN list a 1950-D nickel in MS60-63? At $320 a roll that puts each nickel at $8 each. Which in my best guess is roughly the price of an AU58 50-D nickel.

So if that were true, when I'm buying a 1950-D BU nickel roll, I should expect each coin to average out to AU58 condition. The money to be made would of course be if you get a nice MS66 or something with FS, but that's the chance you'd be taking.

If you're looking to piece apart BU rolls and sell them individually, you're looking at quite the task. Even for one roll of 50-D nickels (as you proposed), you will still be holding part of the roll for a good part of a year. That's not to say, however, that there is not money to be made in turning over BU rolls. Dealer networking is really a key in making that profit.

Although the CDN may have bid/ask by roll, you do not have to necessarily sell a full roll off to dealers to make your profit. Some people purchase the rolls (or bulk) as individuals to cherry pick a larger sample of hard to find dates. Others do so to pick out the higher grade coins and send them off to the TPGs to turn a profit on the CCE or elsewhere.

If you are figuring you can purchase a roll with MS-62 average coins, then first research the current bid/ask levels and make sure you have at least one dealer source to dump if your attempts go south.

Also, be careful of your supplier. Many times the rolls that have been put together have already been cherrypicked for the higher grades. Because of this, many dealers that deal in BU rolls will offer 30-50% of CDN bid. Plan on spending some time with the dealer going through the roll if you try to flip a profit exchanging rolls from dealer to dealer.

I used to flip about a 20% profit selling BU and proof rolls years back, but focused on other dealings since. Still, last year I profited last year near 100% on some old rolls I had left over from my roll selling days.

Money can be made on rolls, but it is very time consuming. You have to figure you have your own reputation to look after. If you get bad rolls from your suppliers, you're stuck with them or selling them at a loss for what they are. It is going to take a lot of time to validate each coin you receive in the rolls you buy.

If you don't validate the quality of the coins you buy, and simply pass them off to your next customer, your own reputation will be damaged.

Now, this is trading in rolls. You are asking about breaking these down and selling them piece by piece. If it is so much work just trading full rolls, imagine the work involved in piecing them out individually. Is it really worth the meager profit you may make?

I have made alot of money from rolls in the past. Of course, those rolls were First Day of Issue 2009 LP3 and 2010 Shield Cent rolls that were obtained from the official release ceremonies and then postmarked to certify FDI status. And of course, I will probably never be able to replicate that kind of earning power from rolls ever again I managed to catch lightning in a bottle twice but I do not think it will happen a third time for me.

So I won 5 auctions on ebay for 5 BU nickel rolls. Total cost was $51, which included shipping. So I wanted to give this a shot because 3 of the rolls I'll surely find an upgrade for my Dansco. Plus this should help me grade nickels a little bit better. The guy had a lot of other coin rolls, so this should also be a good test sample to see what kind of stock I'm dealing with.

All in all it's $50 and I'm pretty sure I can recover that even if it's over time.

I think rolls take up a lot of room and to buy a roll of plain, everyday coins and store for a possible, maybe, could be future profit is way to doubtfull. Some may hit it off OK, some great but I would think the average person with the average rolls of coins could do better with a savings account in a bank.