By a show of hands

I am curious as to how many people buy bags of coins from the mint to search for high grade coins or errors?

If you are one of these people that do buy bags/rolls of coin from the mint, what denomination do you typically buy and why?

I have zero interest in actually doing this myself because of time and my eyes hurt from looking at a coin to closely for to long. I just keep seeing all these bags of coin for sale on the mint website and was wondering how often these bags get purchased.

Thanks for any and all replies!!!

 

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I've never done it and can't see myself doing it, either, but if folks like to do it then that is great.

 

Guess it doesn't have that big of a following. I'm surprised!

 

Can you see my hand all right?

I used to get bags of half dollars and SQ's from the mint, and I was pretty good at picking out high grades to submit for grading. In all, I got about five dozen Kennedy's and four dozen SQ's in MS68. Note: These were business strikes, not satins.

Chris

 

Never have, never will. Although possibly a profitable one for those that do, to me it sounds like a whole lot of tedium.

 

Like Tom said, not for me but more power to those who enjoy it. It sure is a cheaper way to collect coins than I practice.

 

Twenty years ago I bought two bags of 1995 cents. I still have a bag and a half to search. I'm really fast

 

Cents and dimes are the worst for me, hard to hang on to and see!

 

CRH is just not for me.

 

And I thought I was slow. It took me 4-1/2 years to search a 1980 Mint bag, but I finally learned how to overcome the speed problem for a couple of 1974 Mint bags. I sold them!

Chris

 

Any longer this practice is not worth doing. The US Mint has machines that kicks out errors before bagged and shipped . So they are far and few between errors found these days in mint bags.

 

I have, on occasion and actually got better coins than buying in rolls. Too much coin wrapping damage in the rolls.

 

I would have thought we would have had at least 1 person by now that purchases bags/rolls from the mint each year.

 

I'm not sure it is any longer possible to buy bags from the mint.

 

They still sell the small bags of 100 coins for new issues of dollar coins.

 

I thought they sold bags of halves also?

 

I have bought two bags(first two ever) this year. Waiting on the second. ATB quarters. I also bought Kennedy rolls for 2015 P & D. The Kennedy presidential dollar releases this year along with the Jacqueline Kennedy first spouse 1/2 oz gold coin.

 

They do.

http://catalog.usmint.gov/kennedy-2...g-KN7.html?cgid=null#q=half%20dollars&start=1

 

I bought 2012, 2013, and 2014 rolls of Kennedy halves last year... I did find a 2013D and 2014D that appear to be candidates for NGC prooflike designation.

 

Tried it once, but actually thought the quality of the coins was not the greatest. Perhaps others do better, but I didn't think it was worth putting my $$ in for the premium. But, sometimes you do things just to try them.