bank roll silver dimes

Discussion in 'Bullion Investing' started by willymac, Aug 10, 2013.

  1. willymac

    willymac Member

    Just got a chance to pick up 14 bank rolls of silver dimes

    Split between 1956 and 1961

    $90 per roll - good deal?

    We cracked one open and they were BEAUTIFUL

    Now wondering whether they are should stay in the roll or be broken out?
     
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  3. Detecto92

    Detecto92 Well-Known Member

    Not a good deal, melt is $74 right now.
     
    Muckdiver likes this.
  4. rickmp

    rickmp Frequently flatulent.

  5. TypicalCreepahx

    TypicalCreepahx Hello There! ( ͡⚆ ͜ʖ ͡⚆)

    But junk silver usually sells at a bit of a premium so I woulda paid $80 dollars each
     
  6. WRSiegel

    WRSiegel Freshman

    What do the rolls look like?
     
  7. PeacePeople

    PeacePeople Wall St and stocks, where it's at

    If they are true bank rolled rolls, then they're worth at least that to most collectors of them. With that stated, they must be original bank rolled rolls, or they're worth the going rate of 90% dimes.
     
  8. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    Don't make assumptions. Even generic "BU rolls" often sell for at least a slight premium above melt, but as PeacePeople said, if genuine OBWs, the price isn't that bad and he possibly could sell top of $90 to the right people.

    Not a “great deal”, it is not that bad either.
     
  9. scottishmoney

    scottishmoney Buh bye

    I'd pay $90 all day long if I knew for certain that they had been wrapped in the '50s - imagine the possibilities - high grade S mints, Mercs etc. Chances are slim they were actually wrapped 50+ years ago though.
     
  10. Danr

    Danr Numismatist

    nice BU's - $90 is ok for sure. Offer $85 and mention that $85 is above melt. But in the end pay the $90 if you have to. check rolls of the same date on eBay completed auctions
     
  11. Detecto92

    Detecto92 Well-Known Member

    The reason I said "not a good deal", is because you posted this in the bullion section. If you're buying this strictly for bullion, then no, it's not a good deal.

    However, when I was putting together a BU roosevelt dime set, I had to pay more than melt for those dimes.
     
  12. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    Fair enough, but when the person asking the question is unsure about what they have, we should at least try to explain the possibilities instead of only giving one angle.
     
  13. Mr Roots

    Mr Roots Underneath The Bridge

    18x face on 90% if fine....I think every stack should have a good % in dimes.
     
  14. quartertapper

    quartertapper Numismatist

    If the dates you found in the roll you opened are indeed 1956-61, I would not be afraid to open the rest. You have nothing to gain by storing them away as is. Besides, the suspense would drive me crazy!
     
  15. PeacePeople

    PeacePeople Wall St and stocks, where it's at

    By breaking that roll open, you cost yourself some money if you were planning to sell in the short term for a profit. If not, you're probably still much better off keeping them in the rolls as they'll command more when you go to sell, and keeping them in the roll is a nice easy way to inventory them. My point is, do not open any more, it will only cost you the additional money you paid for them...and after you open them you'll feel bad about it. While they may be beautiful, they're still silver dimes....and maybe ask yourself why you paid the extra money for them in the first place? Was it to have the opportunity to open them, or the opportunity to have something unique that somebody would pay more for later?
     
  16. PeacePeople

    PeacePeople Wall St and stocks, where it's at

    If you don't know, why do you answer? If you're going to give bad info, why give any? I don't want to beat on you, but that's a very dangerous game when others read the info and use it like it's good info...and it's not.
     
  17. PeacePeople

    PeacePeople Wall St and stocks, where it's at

    Now here you contradict what you stated above. Come on man!
     
  18. Mr Roots

    Mr Roots Underneath The Bridge

    Whe separated mercury heads from dimes in the 50's...I would guess they were rolled in the past 10 years
     
  19. willymac

    willymac Member

    Sorry for not following up on my post - but these are not mixed dates from 56-61, they are original wraps with the banks name on them...Like a roll is all 56 or all 61, etc....about 14 rolls all of which are sealed - the ones on the end are have an incredible tone and the ones in the middle, at least on the opened one, look like they were never touched....like ever...will post a pic when I can, may be a few days...
     
  20. C Jay

    C Jay Member

    You may have scored on some really nice numismatic coins for a slight premium over bullion. That's always a good thing.
     
  21. WRSiegel

    WRSiegel Freshman

    I'd keep them intact if they are original bank rolls. They are worth a premium to the melt value.
     
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