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  1. #1
    Senior Member jwa_jwa_jwa's Avatar
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    Collecting Presidential Coins

    I started out collecting Presidential coins about 2 years ago. First I decided to get 5 rolls of the Philly Mint for all presidents. About a year later, I realized that my collection would be much better if I had coins from the Denver mint to go along. As you can imagine, this has become a very expensive hobby now. Getting a hold of Denver rolls at this point is much more difficult, particularly for the earlier presidents. Ebay sellers are commanding anywhere from $31-$34 per roll.

    How many of you out there are collecting the Presidential coins? If you are, how many rolls are you collecting? are you collecting both mints?

  2. #2
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    Cool Presidential Dollars

    Quote Originally Posted by jwa_jwa_jwa View Post
    I started out collecting Presidential coins about 2 years ago. First I decided to get 5 rolls of the Philly Mint for all presidents. About a year later, I realized that my collection would be much better if I had coins from the Denver mint to go along. As you can imagine, this has become a very expensive hobby now. Getting a hold of Denver rolls at this point is much more difficult, particularly for the earlier presidents. Ebay sellers are commanding anywhere from $31-$34 per roll.

    How many of you out there are collecting the Presidential coins? If you are, how many rolls are you collecting? are you collecting both mints?
    jwa - I also started but then changed my mind and fell in love with MS Morgans. I have all the 2007 and 2008s, all mints, MS69s, MS70s and proofs 69 & 70, and down to MS 65s, all graded by NGC and PCGS. All are up for sale now.

  3. #3
    Love Satins/Matte Proofs statequarterguy's Avatar
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    Not collecting rolls, just singles, which are tough to find since no one uses them. Collecting them with my six year old son in order to learn the presidents. Also, speculating a little by putting away a few of the satin finish ones found only in mint sets, they look close to what a matte proof would look like and are by far the lowest mintage of the presidents. Looks like in the future, based on the lack of demand for commerce, the only rolls you'll be able to get will be from the mint at a premium, the way they sell the Kennedy's. When/if that happens, the mintage should be a lot lower than they are for those already released. Of course, if we'd do what Canada did, stop making the paper dollar, we'd all use the coins and mintages would remain and go higher.
    Last edited by statequarterguy; 01-11-2010 at 08:51 PM.


  4. #4
    Senior Member Dollar1948's Avatar
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    Well Im collecting them. I got caught up in the State Quarter collecting frenzy when it basically started. I travelled extensively back and forth to the U.S from Canada weekly for work, so I grabbed the best examples of circulated coins, both mints, during those travels.
    Travelling came to a close in 2006 so I bought UNC examples for a dollar a piece Canadian from a dealer in Toronto, to finish it off.
    Once I realized that the state quarter program was drawing to a close, I wanted to continue collecting another inexpensive U.S coin, and those seemed like the next logical choice.
    That got me hooked on BU Red Lincolns, which basically put my Canadian collection on a hiatus.

  5. #5
    ANA# R3129541 green18's Avatar
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    Quote Originally Posted by jwa_jwa_jwa View Post
    How many of you out there are collecting the Presidential coins? If you are, how many rolls are you collecting? are you collecting both mints?
    Yeah, there are a few of us 'nut' prsidentials dollars collectors out there. I be one. I started collecting "mint wrappped" rolls of P & D back in 2007. I get one of each for every president.

    They also serve who only stand and wait....John Milton

    To improve is to change; to be perfect is to change often.....Winston Churchill

  6. #6
    Coin Hoarder Sholom's Avatar
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    Direct ship?

    You might try the "direct ship" program from the US Mint -- $250 for 10 rolls of 25 dollar coins -- postpaid. The only thing is: you can't specify P or D. But, if it turns out to not be the mint you want . . . there's no loss -- just spend it as cash.

  7. #7
    Online Dealer of Mpc mpcusa's Avatar
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    Started collecting the "Raw president dollars" Then moved to the slabbed
    PCGS 69 Deep Cameo,s, Iam not sure if the Chinese have gotten to these
    Yet.....LOL

  8. #8
    Whack Job SilverSurfer's Avatar
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    In our lifetime, they will be worth $1 a piece. When all the presidents are put together in a display board and all the coins are over 100 years old, they will bring your grandkids or great grandkids a good deal of money, they will be thanking your ghost.

  9. #9
    Junior Member trogdor's Avatar
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    I don't collect them myself, but give them to the kids in my family who seem to appreciate them quite a bit. I don't bother with giving one of each mint, or giving full rolls. Just one of each, in a display seems to be enough for them

  10. #10
    Dental Student CamaroDMD's Avatar
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    Quote Originally Posted by SilverSurfer View Post
    they will bring your grandkids or great grandkids a good deal of money
    To be honest, I don't think these coins will every be worth a good deal of money. They are just producing too many of them. There are plenty of 100 year old coins that have minimal value because of how many still exist. These coins will always been neat, but will never be valuable.


  11. #11
    Coin Collector bobbeth87's Avatar
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    I have a P & D coin for each in a Lighthouse album, and I have one bank (not mint) roll for each, but I'm missing Monroe. Anyone have an extra Monroe roll to trade????

    If I ever need money and need to sell some of the coin collection, the rolls of the presidents will be the first to go. I don't anticipate them ever having a significant premium for them. But, They are current and fun.
    Last edited by bobbeth87; 01-12-2010 at 02:21 AM.

    Bob

  12. #12
    I'm sure I'm NotSure NotSure's Avatar
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    Quote Originally Posted by statequarterguy View Post
    Not collecting rolls, just singles, which are tough to find since no one uses them. Collecting them with my six year old son in order to learn the presidents. Also, speculating a little by putting away a few of the satin finish ones found only in mint sets, they look close to what a matte proof would look like and are by far the lowest mintage of the presidents. Looks like in the future, based on the lack of demand for commerce, the only rolls you'll be able to get will be from the mint at a premium, the way they sell the Kennedy's. When/if that happens, the mintage should be a lot lower than they are for those already released. Of course, if we'd do what Canada did, stop making the paper dollar, we'd all use the coins and mintages would remain and go higher.

    This is the way to go. Get a Dansco, fill it with the best examples you can find. Don't worry about the 'Position A' and 'Position B'...just get the best examples you can. I would see about putting in a blank page for the proof and satin finish coins also. You can get all this done for about the cost of just your P mint rolls by buying one U.S Mint set (has all P & D mint SF coins), one U.S. Proof set (has the proof dollars...don't need the silver set as these aren't in silver).

    For the non Satin Finish, get in the First Day coin cover....$14.95 each. For the year, you would get Dansco quality coins for both mints for the cost of one and a half D mint presidential rolls (yeah, shipping ups that, but you would solve your problem, and by not having all those rolls, you'd actually be ahead of the game).

    When the doors of perception are cleansed, things will appear as they truly are...infinite.

  13. #13
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    I would have to check what rolls my bank get of them as they come in. It differs by coin due to my location. If you want to pm me with your email we can start a trade program when they come out. And any other coins for that matter. I need to establish a network so I do not pay HUGH ebay premiums for someone going to a bank buying a roll and splitting them up to triple there profit.

  14. #14
    Senior Member jwa_jwa_jwa's Avatar
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    Does anyone think that collecting all the Presidential coins and offering them all up as sets down the road will be a worthwhile investment?

  15. #15
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    Quote Originally Posted by NotSure View Post
    This is the way to go. Get a Dansco, fill it with the best examples you can find. Don't worry about the 'Position A' and 'Position B'...just get the best examples you can. I would see about putting in a blank page for the proof and satin finish coins also. You can get all this done for about the cost of just your P mint rolls by buying one U.S Mint set (has all P & D mint SF coins), one U.S. Proof set (has the proof dollars...don't need the silver set as these aren't in silver).

    For the non Satin Finish, get in the First Day coin cover....$14.95 each. For the year, you would get Dansco quality coins for both mints for the cost of one and a half D mint presidential rolls (yeah, shipping ups that, but you would solve your problem, and by not having all those rolls, you'd actually be ahead of the game).
    This WAS the way to go if you want all of those extra coins. I don't really need them for that so I collect the P&D Presidential sets that the Mint produces every year, you get the satin finish coins (satin finish dollars are not exclusive to mint sets) and you get all of the issues without anything extra.

    http://catalog.usmint.gov/webapp/wcs...egory_rn=33738

    Since the rumor is that the mint will be ending the satin finish this year ..the point is now moot. I'll still get the mint issued set though. It's convenient and cost effective compared to any of the alternatives. I don't want full rolls and I want choice coins with a lower percentage of bag marks.
    Last edited by Hudson James; 01-12-2010 at 09:42 AM.


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