Sorry about that, what I mean is.. are the dealers over charging or r they worth the $5 for the 2001s and the $3 for the 2002
Sounds a little high I would say unless they are very high grade examples. I'm not sure what bid is on them but CoinValues has a modest price of $10 for the 2001S starting at Proof 66 Deep Cameo. I also see dealers asking around $5 or more but if I shop around or stay with my regular dealers I can find nice examples for $3-$4.
Dealers charge whatever the market will bear. If they are offering the coins at that price and people are paying it - then that is what they will charge. If they are being sold cheaper someplace else - that's where people will go. All you can do is shop around and see.
Also, bear in mind that there are literally still tons of mint fresh 2000 - 2005 dated Sacs sitting in Federal Reserve vaults waiting to be distributed. The local armored car folks in Portland still receive mint bags of these when there is an order for them. These will probably be around for several years before this stash is used up. I would suspect that you can still order bags of these through your bank or armored car company. Only problem with that is that you'll need to buy thousands at a time.
I am a car wash owner that dispenses the dollar coin. At the present time we can only get rolled coins and they are mixed with SBAs. When I say "we" I mean the CW industry as a whole. No one can get bagged coins or Sacs only. The president of the International Car Wash Association even spoke before congress a couple years ago trying to get this issue resolved, so far it has been a waste of time.
The + about the SBA's is that if they are still in very nice grade they may be worth more than the face value. I often see them from 1979 and 1980 with very little wear.
The only Sacky coins ever released for circulation to the the Federal Reserve were dated 2000 or 2001. In fact those were the only years they even struck any for circulation.
I kind of doubt that a 79 or 80 SBA is worth any more than a buck. I get hundreds every week, practically all look brand new.
For my money, a white SBA is probably not true Unc. I started getting some slightly toned (blueish or grey) from the Post Office vending machine. Those were the truly Unc. ones. A little bit of rub would take that color right off and make them look bright. A true Mint State SBA might be worth hanging onto (a few, any way), but the question is, it is worth your time to search. The answer to that question might be “no”.
SAC prices I happen to like this coin alot (as a dealer and collector). I am still getting 2000-P rolls from my local bank (I am only 20 miles from Denver!). These rolls are in original MINT wrappers. However, the other Sacs are hard for dealers to get and they are starting to climb in price. Be very aware of the 2001-S Proof Sacs. Dealer wholesale on this coin is now $80 each. That is why the 2001 proof sets are high. I would recommend anyone wanting this coin to wait. The prices have been artificially inflated due to telemarketers buying them up at the major coin shows. At some point the prices will have to come back to reality. So, most BU Sacs are worth the price at $2 to $5 each. The proofs at $10 to $35 each (except the 2001).
I never used to watch the priceof Mint or Proof sets I was buying annually, since the price never seemed to move very far (except for the 73 proof Ike, for example, but thathas come back down to earth). Lately, though, this has chnaged. I willhave to do an inventory one of these days and perhaps I will let go of some doubles.
Is Coin World's monthly 'CoinValues" price guide that undependable? The current issue shows the 2001S at $10 in Proof66 Deep Cameo. that's quite a difference in value!
