Abe Lincoln $1 Presidential Coin Rolls

Discussion in 'US Coins Forum' started by immytay1, Aug 30, 2010.

  1. immytay1

    immytay1 Member

    Does anyone plan on buying multiple rolls of this Presidential dollar for investment because of Abe Lincoln?
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. coleguy

    coleguy Coin Collector

    Not as an investment, but I might buy a roll just because I like Lincoln.
    Guy
     
  4. jwa_jwa_jwa

    jwa_jwa_jwa Senior Member

    I'll definitely be picking up a few and holding on to them. Though I will get the bank rolls as opposed to the mint rolls.
     
  5. coinmaster1

    coinmaster1 Active Member

    Probably not for me, but I have a feeling that the amount of people that show up at at the launch ceremony for this coin will be HUGE!
     
  6. bobbeth87

    bobbeth87 Coin Collector

    I think it will sell for a little premium for quite some time.....that is my guess.
     
  7. Same sentiment here as well. TC
     
  8. Marshall

    Marshall Junior Member

    Now if Davis coins were available...
     
  9. Ladies First

    Ladies First Since 2007

  10. Leadfoot

    Leadfoot there is no spoon

    0.001% chance
     
  11. green18

    green18 Unknown member Sweet on Commemorative Coins

    Oh dear, please tell me you're not going to go out there and buy these rolls for investment purposes. The rumdums bidding on e-bay for this coin (roll) may drive the price up temporarily, but long term? Nunca. If you're gonna pick up a roll or two do it 'cause you like collecting 'em....:)
     
  12. Ladies First

    Ladies First Since 2007

    My mom gets me D rolls so I talked her into "investing" in a couple rolls for herself. She's what we call "risk averse" so the guarantee not to loose principle (when measured in dollars) was very appealing! Heck, she might buy TWO! She hates them though, can't tell them from quarters. Historical note: She used to carry around her good luck Morgan in her change purse and almost spent it in the 60s as a Half. "I haven't seen one of these in a while." Said the cashier, signaling the mistake to her. PS, it's an '89 cc! As a teen I convinced her to put it in a flip.
     
  13. 19Lyds

    19Lyds Member of the United States of Confusion

    IMO, this coin will be a terrible investment since everybody is thinking exactly the same thing: "Ole Abe was a popular President so I'm gonna stick some of these away since nobody else will ever dream of doing so!"

    On the bright side, I expect MS66 coins to sell at healthy premiums since, from what I've seen, the design is prone to some serious damage. For whatever reason, some of these presidential designs seem to attract "hits" like a magnet while others do not. Washington and Adams are good examples of "hit attractors" while the Jefferson and Monroe's repelled hits.
     
  14. BadThad

    BadThad Calibrated for Lincolns

    Have any details been given about the release ceremony? I don't see anything on the Mints website yet.
     
  15. Conder101

    Conder101 Numismatist

    Even the mint expects there to be a lot of demand for the Lincoln. They cut short the coining of the Buchanan dollar (stopped several weeks before it was even released.) in order to concentrate on coining Lincolns.
     
  16. Ladies First

    Ladies First Since 2007

    (Just as I'd hopped. Hello, Charles? Dump everything we've got into Buchanans!)
     
  17. green18

    green18 Unknown member Sweet on Commemorative Coins



    Quite right.....And loose the ranch. :)
     
  18. LEG END

    LEG END Junior Member

    The Lincoln is the key to the set, irrespective of the mintage numbers. With Abe on the penny for a century, folks will gravitate to it. Moreover, the mint KNOWS this, so expect to see some oddities. Buy a box, tear the wrappers off every roll, find an error, sell it for a thousand bucks, put the rest into your safe deposit box, free. Barnum or Bailey's grandkids will probably be looking for a few to put aside. I have access to first strike complete boxes. At cost.
     
  19. wgpjr

    wgpjr Collector

    I plan on getting a roll or two, but it'll be from my bank, not the mint.
     
  20. 50cent

    50cent What A steal

    I'm not gonna buy a roll,But I will buy them maybe singly
     
  21. lackluster

    lackluster Junior Member

    Might get some rolls at the bank for face value. That kinda takes the risk out of it.

    Lack
     
Draft saved Draft deleted

Share This Page