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 Replies: 9 / Views: 1,833 |
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New Member
United States
32 Posts |
Is there any reason to save these? Anything, years, etc worth prospecting?
Thanks!
Kris
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New Member
 United States
32 Posts |
Well I have 5 rolls of Rutherford B. Hayes rolls straight from the mint! That's worth keeping!
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Valued Member
United States
85 Posts |
It's debated. A lot of them are sitting in vaults and will probably continue to sit in the vaults and go uncirculated. I've heard many collectors say they are ignoring them and either spending them or turning them in. I've heard others say they are keeping them by the roll. It's hard to say what will be down the road. At the same time though, take a look at most of the coinage the U.S has had, many people didn't think the current circulation coins were worth keeping and now, 40, 50, even $100 years later they cost a lot more than their face value.
Personally, I've got a complete set of proofs & uncirculated issues in a dansco, and each time a new one is released I go to the bank and grab a roll. Worst case scenario, 50 years down the road they won't be worth much more than they are now, and I can just view it as a make shift forced savings plan!
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New Member
United States
32 Posts |
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Pillar of the Community
United States
4867 Posts |
Not worth saving at all. Better to spend them on some other coins. :)
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Pillar of the Community
United States
3345 Posts |
Quote:
At the same time though, take a look at most of the coinage the U.S has had, many people didn't think the current circulation coins were worth keeping and now, 40, 50, even $100 years later they cost a lot more than their face value. This is because they were either 1, they were made of silver/gold and the price skyrocketed or 2 there are more coin collectors now saving them then there were then. In my opinion, they are not worth saving. Edited by rachums107
09/23/2011 9:23 pm
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Valued Member
United States
162 Posts |
Save them if you like the coins (or the wrappers if you have full rolls) Don't save them with the expectation that the prices will skyrocket. Take a look on ebay and see how many full rolls are for sale, there is a lot of supply out there. Edit: I forgot about the second part of the question. For most of the issues some have escaped the mint without edge lettering, those are worth a bit more. At the very least I'd check for that before spending them. Edited by lorax
09/23/2011 9:44 pm
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Valued Member
United States
193 Posts |
I'm filling a dansco for my son with BUNC's. Personally I like them and save some nicer ones myself. I've heard that they may discontinue the series and may just melt down the surplus ones that are lying around at Fed reserve banks. If they do that then the ones that are left in circulation will increase in value. If not Then they won't increase much. Still, I like them and I think they are worth collecting as long as you don't expect to make money from them.
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Pillar of the Community
Germany
1063 Posts |
If you like the coins, save them, if not, don't. I like to collect one of each circulating coin, in the world, so the Presidential dollars would go into my collection, but I only have 2! |
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Valued Member
Australia
278 Posts |
Coming from someone from out of the US.
Saving them when they are new and good conditio can help us in other countries get near uncirculated coinage.
I am saving all new and good condition Aussie coins for that reason.
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Replies: 9 / Views: 1,833 |
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Posted 09/23/2011 12:18 pm
