I finally managed to get my hands on four rolls of the new presidential dollars. Now the question is, what do I do with them?? Sell them off, open them, or keep them for a few years, then sell them? What do you guys think? I'm not a big fan of the design, I think they make George look a bit odd, but the statue of liberty looks good on the back. It's not a coin that I find appealing, that's what I'm trying to get accross.
I opened all my bank rolls except the D mint rolls from the mint. There is no way I’m keeping 200.00 worth of them I will probably spend most of them on older coins. We still have 3 more Presidents to go this year and the wife coins and the Sac’s which I will not get because 300 million is too many. GO BIRDS !:loud:
I would open them up look for errors and if none are there, cash them in and get my money back. Bruce.
The roll I got of 2007D Washington dollars, I picked the best one out of the roll, put it in my Dansco album, and spent the other 24 (only cost me face value so don't lose anything doing that. It's the same I do for state quarters too.) If it's not a coin you find appealing, why get any? Use your money to buy coins you like better. Unless you just want to search for errors.... if you get a roll at face value and find nothing, you can always just spend them, so don't lose anything doing that. With the exception of errors, this coins are far too common to go up significantly in value for a very long time, so don't think of them as investments. If it's a coin you like, save a few good ones, but saving rolls worth just seems silly to me. Just my opinion for what it's worth.
Well don't really have the time or cash flow to go through that many at a time, lol... I'm counting on the proof sets to give me a perfect or near perfect example of each of the president dollars. I'll look through about a roll each of the business strikes for my album. That's good enough for me.
I broke down and opened some. Absolutly no coin worth keeping in 3 rolls. Nothing that would look to be a 68, and probably not even a 67. These coins are a mess, chips missing from the sides, deep scratches, a whole bunch of junk. At least they didn't cost more than face value.
I've searched $100.00 worth and I've only found one with out any hits. It has a couple of light brush marks, but it's with out a doubt the best I've seen yet. I've saved a handle full of others that have a small hit in a non-distracting area. Most all I've searched are in bad shape. Those I've enjoyed circulating. I was best man at my brothers wedding recently and I gave all the grooms men a new dollar to have in their tuxedo pockets on wedding day. They all thought that was the greatest. Everyone seems to take a fancy to the stamped edge. It's been a lot of fun. Can't wait for the next on to appear. Unless you buy into the marketing costs on these, they are still face value....pretty neat!!
Exactly what I was thinking when I read the first post. There's so many coins I like that I have to pick and choose... I tend not to bother with the ones I don't find appealing.
I just don't understand the modern collector. You have a coin that is stamped out in high speed presses, spit out into a hopper, dumped into another hopper, vibrated to get the coins to line up for feeding, run through another high speed edging machine, spit into another hopper, run through a vibrating riddler, run through a high speed counter into a bag with tens of thousands of other coins, trucked to the armored car services, dumped into yet another hopper, run through another counting machine and a rolling machine. Then the collector buys a couple of rolls of the coins that have been through all those high speed industrial manufacturing steps, and gets upset because his roll doesn't contain some MS-68 coins. (When you consider that the percentage of 68's from a years coin production amounts to less .001% of the mintage that means that on average one 68 will be found in evey 40,000 rolls. But by gosh there should be some in MINE!! ) So you want a better chance, buy more rolls. You buy four you have a 1 in 10,000 chance. Buy 400 rolls (that's ten boxes) and have a 1 in 100 chance of a 68. Get real folks if you get a 68 its just a matter of either luck or spending a LOT of time and money buying and searching boxes.
prez dollar now i got 21 roll of prez dollar. i open up two rolls. the two rolls that i opened were because of hand marks touched to the top coin and the bottom coin. it changes color on it. also i plan to keep roll with head and tail on it. the different or the problem is that no date and no mint mark were printed on the wrapped paper.
What are the numbers on 67s??? And I have opened a lot of rolls of a lot of coins, and these are by FAR the worst. Maybe some work needs to be done on the composition. Basically what I am saying is that these coins look like garbage.
