bought two rolls of the Glacier p rolls from work a couple of weeks ago. last couple of years i would pick up rolls of current things such as 10 jeffs and a couple 09 and 10 lincolns. am i wasting my time? should i break them open? (must confess broke open a washington $ roll to check for edge lettering) perhaps i could trade for a denver? hold on to them? break open and spend madly?
I'd say hold on to at least one of each year/mint. I plan on doing this eventually once I'm able to find a job again.
I kept two Gettysburg rolls, just because I grew up minutes from there. Will they be worth anything? I doubt it, but it will be something I can explain to the grand kids in 50 years.
I think unopened rolls of any coin will be worth something someday, when that day is who knows. Maybe in our lifetimes, maybe not. Imagine if you had bought a few new rolls of 1999 cents, and those rolls ended up being all 1999 wide AM's
You're not wasting your time if you're enjoying the hobby. That's what matters. If you are wondering about appreciation, it is unlikely to be very much due to the quantity minted. Lance.
I'd keep a few rolls of each. You're lucky you're finding bank rolls. Haven't even seen a single ATB coin in my area (Central Oregon).
Not worth keeping rolls of dollar coins unless they are mint rolls, so just break them open and spend them. as for the rest of the denominations, I think those are worth saving, maybe not the quarters, but definitely the nickels and cents
' I started an ATB P&D bag subscription in 2010 with assurances from my coin club that they would help absorb some of them. I'm still stuck with too many. When the Mint raised prices this year I switched my subscription to ATB P&D rolls and that has helped reduce my excess. Couple of weeks ago I remember a story about a friend's brother who owns a coin shop north of here and how he attempted a promotion to stimulate downtown business. He placed an ad in the paper and posted fliers in neighboring stores that he would spend several 1914D Lincoln cents at the stores near him and would buy them back. Only one came back, don't know the verdict on how it improved business. I thought I would try to stimulate interest in the ATB's and am in the process of spending about 80 of them on small purchases. I know its a loss of about 13 cents each to me, but I decided I could justify it because it might inspire a few collectors and help the hobby in general. It was also inspiring to see the kindness shown to bravebirdman in SD.
Why is it hard to believe? They did coin drops like that for several years at the ANA conventions with publicity and they only had a couple of the dropped coins brought in. I always thought the coin drops were a waste of time because I doubt the coins ever really got into circulation at all. Think about it, your a vender and a guy with a camera crew comes up and they are filming him making a purchase and concentrating on the money he is spending. Once he and the camera crew leaves what are you going to do with that money? Especially since there will probably be hangers on who will come and try to buy your change immediately afterwards.
' I spent eight ATB quarters at a drive-thru early last week. The kid had to check with her manager whether they were real money or not. Went to the same place a few days later and spent eight more and a different kid was bragging to the next one what they'd found in change. I think that I generated some interest.
