Received 2001 Direct Ship Sacagaweas tonight

I received 2 boxes of 2001 Sacagaweas and after inspecting them, I have 2 observations:

1) The coins did not arrive in the typical NSF coin wrapper, instead it appears to be the same yellow wrapper the Mint uses for the more expensive offering. (Pleasant surprise)

2) After looking simply at the end coins, I must say the coins do not appear to be in good condition. It is not rust or anything but looks more like some type of dried glue --- it is literally all over both sides of the coins. (Unpleasant surprise)

Somewhere else on one of the threads in the forum someone predicted this --- they were right.

 

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So will you bust them out even if they are discolored on ends.

 

Yeah, I thought I might stash a few away for my collection but in the condition they're in, I might as well spend them I think.

 

When I opened up my rolls a fair number are actually dated 2000! The average seems to be about 1-3 coins per roll. I also have the ugly coloration on many of the 2001 coins. There a a number of "clean" coins which I have pulled out for my own collection. Surprisingly all the 2000 dated coins are in exceptionally high grade. There are few bag marks, etc.

All coins regardless of year are from the Philadelphia mint.

 

Can't be the more "expensive" offering, unless it has "P" or "D" marked somewhere on the roll.

 

No it doesn't have the marking on the wrapper. Aside from that, the paper appears identical.

 

They are most likley worth dollar each IMO.

They are most likley worth dollar each IMO.
At least your not in them to deep.

 

Yeah, I figure I can spend the $500 on my lunches and at the supermarket for the remainder of the year.

 

These coins have been sitting around for 8 years ...you didn't really expect pristine coins did you? All sacs will turn in time unless they get into airtites ASAP. The paper rolls are also acidic.

A better use for the $500 would have been to buy the new issue Native American ..and use a couple of them to buy yourself a couple nice slabbed 2001 examples.

 

No, I knew they wouldn't be in the best shape but was hoping to spend most of the rolls and keep some of them in good enough condition.
If I get through spending these, I will go after the 2010's anyway. I like the design in the reverse.
And besides, I get to fulfill the very purpose of the program --- to circulate the darn things! So I am fine with it

 

One question though if the paper on the Sacs is acidic, does that also mean the paper in the Presidential dollars and state quarters (direct ship and mint rolls) is also going to ruin the coins in due time?

 

What's the best way to preserve a roll of "golden" dollars of any type (sacs, pres, N.A.)? I have a few rolls I recently stashed away, some with the premium mint wrap with the mint marks. Should I break them open? Do I need to get each coin into a holder? that sounds like its getting expensive...

 

Good questions, I was thinking the same thing. Maybe someone here knows the answer.

 

I'm expecting my direct ship 2010 Sackies any day now... I hope they're in better shape!

I'm a bit surprised that the Mint has 2001 dollars in such bad shape... what do they do to them? How do they store them? Man, my garage has better quality control.

 

.....this was discussed here:


http://mintnewsblog.blogspot.com/2010/01/2001-sacagawea-dollar-direct-ship-rolls.html

 

Anybody have an opinion on this? In general should you break open original mint rolls to preserve the coins inside?

 

For preservation you can get better survival if you break the rools open and put them into better storage. On the other hand if you do that you are giving up the "original bank roll" premium, ot the "original Mint roll" premium. Pay $35.50 for a Mint wrapped roll and break it open for better storage and it is now worth $25. How long will it take to reclaim that premium? Chances are a long time because those premium mint rolls (even if spotted on the inside) will still be worth a premium over the non mint rolls.

 

i got the 2010 rolls yesterday and they were just put in a box with no packing so i don't have to open them, 3 were already broken .

 

Here is what I do. I vacuumize my 2X2's and rolls with a Food Saver .
They will stay pristine for a long, long time. No worries about humidity, temperature, chemical reactions, etc. All because of NO AIR. I'm sure a neater job can be done too.

 

That's a great idea. What about acid in the paper? Does the mint use acid-free paper? If not, is there enough acid in the paper to cause a reaction over time? How severe? Sorry if I'm going a bit overboard here, but I'm definitely curious as I only recently began stashing mint rolls.