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Mint Rolls - Is There Any Benefit?

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Author Previous TopicReplies: 9 / Views: 1,958Next Topic  
Valued Member
motoryoda's Avatar
Canada
278 Posts
 Posted 07/29/2011  9:21 pm Show Profile   Bookmark this topic Add motoryoda to your friends list Get a Link to this Message Number of Subscribers
Okay, total newbie question...is there any benefit to keeping coins in their original mint roll?

I have a roll of 1982 Constitution Dollars, and was not sure if there was any increased value to keeping them this way or not.

tks!

Valued Member
Canada
103 Posts
 Posted 08/04/2011  09:44 am  Show Profile   Bookmark this reply Add yoda to your friends list Get a Link to this Reply
to me the benefit is that they are protected by virtue of the roll, other than the 2 ends. As well, you can store alot of coins that way in a small amount of space. The downside is that if you care about keeping them in original rolls, you'll never know for sure how good the coins are. I've seen many rolls where all the coins were bagged up beyond any value in saving.
Valued Member
neweden's Avatar
Canada
272 Posts
 Posted 08/04/2011  7:06 pm  Show Profile   Bookmark this reply Add neweden to your friends list Get a Link to this Reply
The upside of collecting full BU rolls will be there condition, apart from the 2 end coins, the coins in the middle are usualy classed as MS-63 as a rule of thumb.
The downside (as in your case) the coin is very common and may take some time should you wish to sell them.
Of course (and this is just heresay) I have heard that the mint is recalling all nickel coins and if that is the case your coins may sell quicker than you think.
As for myself I would be inclined to keep them as a roll, you never know..
Pillar of the Community
Libertad's Avatar
Canada
3692 Posts
 Posted 08/05/2011  08:37 am  Show Profile   Bookmark this reply Add Libertad to your friends list Get a Link to this Reply
I'm just reading the Charlton and I see that RCM rolls have their own mintages. You can consider the roll as one piece as opposed to 25 individual coins that might take you 25 times longer to sell should you wish to do so.

As a rule of my own, when I'm not sure of something I should keep or not, I KEEP it and find more info on it in the future. Who knows how many keepers I circulated just by staying in the dark.
Valued Member
motoryoda's Avatar
Canada
278 Posts
 Posted 08/05/2011  12:54 pm  Show Profile   Bookmark this reply Add motoryoda to your friends list Get a Link to this Reply
Thanks you all for the feedback! I believe that I will keep the roll intact..
Valued Member
barriecarson's Avatar
Canada
370 Posts
 Posted 01/17/2013  8:46 pm  Show Profile   Bookmark this reply Add barriecarson to your friends list Get a Link to this Reply
Bring this one back from the dead.

A former co-working and fellow coin collector was cashing out his years worth of collecting to start stacking silver. I picked up some goodies from him including a couple 25 cent mint rolls (paper with mint logo on it) and a dozen 25 cent bank rolls that are plastic wrapped. All of them being commemorative issue coins.

Is there any real collector value in these?
Valued Member
CanadianCoins1999's Avatar
Canada
335 Posts
 Posted 01/17/2013  8:52 pm  Show Profile   Bookmark this reply Add CanadianCoins1999 to your friends list Get a Link to this Reply
which commemorative coins were they?
Valued Member
barriecarson's Avatar
Canada
370 Posts
 Posted 01/17/2013  8:54 pm  Show Profile   Bookmark this reply Add barriecarson to your friends list Get a Link to this Reply
Some Olympic and poppy

I've got them listed on the bay. Not seeing much action.
Edited by barriecarson
01/17/2013 8:56 pm
Valued Member
barriecarson's Avatar
Canada
370 Posts
 Posted 01/18/2013  11:46 am  Show Profile   Bookmark this reply Add barriecarson to your friends list Get a Link to this Reply
Well I had 8 rolls on ebay and only one was bid on.

Guess there isn't really any interest in these.

Off to the bank to cash them in for face value.
New Member
dartviking's Avatar
Canada
18 Posts
 Posted 01/18/2013  2:38 pm  Show Profile   Bookmark this reply Add dartviking to your friends list Get a Link to this Reply
Open them first and check for errors !

:-)
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