Hi all. I’m Nick from over in the ancients forum. I had a question and hoped I could get a quick answer about presidential dollar rolls. My aunt sent me a picture and said a neighbor gave them to her. She has no idea so she asked me. I already explained that worst case scenario she could deposit them in her bank and they are at least worth face value. But before she did, I figured I’d ask the experts here. I wouldn’t necessarily rely on ebay because so much of this stuff is overpriced as it is. Any thoughts? Thanks in advance, Nick
I would perhaps open and search the edges for no lettered edges: http://www.smalldollars.com/dollar/page33.html beyond that, I don't think they're worth anything more than face value unfortunately.
The so called 'mint wrapped' rolls command a bit more than your 'generic's' pictured. Even at that, it's nothing to write home about. The 'goobers' have stored millions away in a secret ( ) vault somewhere in Texas I believe. Still, it might be fun to crack your rolls and search for missing edge lettering......
I agree with @furryfrog02's sentiment here. In 2011 it was estimated that $1.4 billion worth of dollar coins were held in surplus by the Federal Reserve. Most of the $1 coins held in surplus by the Federal Reserve commemorate the first 20 Presidents like the examples you've posted above. Unfortunately, these coins are only worth face value in the absence of any mint errors. https://www.treasury.gov/connect/bl...r-Coin-Inventory-Saving-Taxpayer-Dollars.aspx
@nicholasz219 I agree with Frog. Even one missing partial edge lettering can be worth money. I had a Washington dollar missing partial edge lettering that I had certified by NGC, and I sold it at auction on eBay many years later for $228. Tell your aunt to start with the Washington dollars, first, and work forward. Most of the errors missing edge lettering occurred in the early years. It is unlikely that there will be any coins worthy of high grades because they have probably already been searched for that purpose.
