expensive 2004 nickel medal government rolls

Discussion in 'US Coins Forum' started by vision, Nov 26, 2005.

  1. vision

    vision Senior Member

    what's with the stupid high prices of the 2004 medal nickel (packed by u.s. mint) rolls? the 2004 (packaged by u.s. mint) keelboat rolls are like 1/6th the price of the medals?

    also the 2003 nickel rolls are pretty expensive as well... (same or more expensive than the 2004 keelboats)

    i have the 2005 p & d buffalo and ocean view u.s. mint rolls and just wanted to complete my little set with the p & d 2004 rolls and 2003 rolls (then the 2006 rolls so i can have the first year of the new nickel design)... but the 2005 medal rolls cost is like equal (or more) to the entire 2005 and 2003 with the 2004 keelboat rolls combined...
     
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  3. GDJMSP

    GDJMSP Numismatist Moderator

    There is nothing special and no particular reason. It is simply supply and demand.
     
  4. vision

    vision Senior Member

    well i just had to get the rolls to complete my little nickel roll set... ebay results:

    2003 P & D nickel rolls - $62.01

    2004 P & D keelboat rolls - $26.49

    2004 P & D peace medal rolls - $102.00

    all rolls are u.s. mint wrapped

    ouch :headbang:
     
  5. Speedy

    Speedy Researching Coins Supporter

    dag-gone...the HYPE is silly...the last rolls I sold of 2004-P Peace nickels I sold for $12 a roll....I am happy...I made $10 profit and I'm sure the buyer is happy.

    Speedy
     
  6. vision

    vision Senior Member

    update on the 2004 P & D peace medal rolls: total is $109.28 for them. i didn't notice the sales tax charge on the paypal receipt. that's a first, i never paid tax for anything on ebay before. lol. whatever.
     
  7. Speedy

    Speedy Researching Coins Supporter

    One question....why get them in the mint paper rolls when you could haev saved $$ and gotten the same coins in a bank roll?

    Speedy
     
  8. vision

    vision Senior Member

    because they're prettier
     
  9. Troodon

    Troodon Coin Collector

    I find that funny... if you want a full roll of keelboats, buffaloes, ocean in view, or whatever, and don't mind that they're rolled by an armored car company rahter than somebody who's licensed to stick a US mint logo on it, I can get you one for $2 plus shipping. I got a full roll of buffaloes from my bank, took 4 out for my collection, and spent the rest. These are nice looking, but not rare by any stretch of the imagination. I don't get why people put so much stock in the US mint logo, or having 40 of the exact same coin wrapped in a piece of paper, but that's their perogative I guess.
     
  10. Speedy

    Speedy Researching Coins Supporter

    Do you mean the coin or the roll??

    Speedy
     
  11. vision

    vision Senior Member

  12. 2coins

    2coins New Member

    The new goverment rolls I got from the mint 2 weeks ago (Christmass present for the kids) were heavily bag marked!!JUNK!!for brand new items they are very poor!, Iam glad I dont collect this new $^*#(_+$! :cool:
     
  13. tanner520

    tanner520 Coin Lover

    Remember, everything was new $^*#(_+$! at one time or another. :)
     
  14. Conder101

    Conder101 Numismatist

    Because you are paying for the paper, not the coins. Sure the coins are the same but the coins you get from the bank aren't (cue fan fair music) "MINT ROLLS"! (cut music)

    That peace meadl roll set is worth $102. . . until you tear the paper/open the roll. Then it is worth $2. The extra $100 is the paper. I don't collect paper so the bank roll works fine for me.
     
  15. nickelman

    nickelman Coin Hoarder

    I'm just sorry I missed the hype! I looked at the mint web site in Oct 2004 to buy some year sets for my kids for Christmas but desided to wait a few weeks! I had kind of had a lul in coin collecting for a year or so and wasn't paying attention to what was happening in the hobby. Missed the Peace medal rolls and mint sets only got 2 proof sets, 2 sets of Keelboat rolls and 2 Westward nickel sets from the mint everything else was sold out. Went to ebay and bought some 2004 mint sets for under $30 each.
    I'm now selling all the 2004 stuff! I agree with Speedy this is pure hype. Other than the fact that the 2004 Peace nickel has a Double Die and the only absolute sure way to know your getting unsearched rolls is to get a original mint sealed box of rolls (although the bank wrapped most likely would be original)?
    I was't going to miss the hype this year and bought everything I could from the mint and just hope I get a little more than what I paid for them to make it worth my time? Been disappointed in the Bison roll prices so far!
    What is driving me crazy is all these so called 'errors' showing up on ebay!
    Detached leg, speared bison, bald bison, Broken tomahawk, snot noised Jefferson, bearded Jefferson, etc, etc, etc...... CRAZY!
     
  16. Just Carl

    Just Carl Numismatist

    Error coins are becoming a big thing at the coin shows I've been going to lately. That's about the only thing all these new nickels are worth looking for. I wish everyone would remember the Bi-Centenial craze. I was one of the dummies that ran out and bought many rolls of them. One friend of mine and all his family saved everyone they could find. They ended up with thousands of dollars worth. Now they, and so am I, spending them as regular, ordinary change. Could have made more investing in $3 bills or buggy whips. There are just to many people saving brand new nickels by the roll. I did the go to a bank, buy a roll, take out 4 for Whitman Classic Folder sets and spent the rest. However, if those rolls are saved for a few hundred years, they may be worth double face value.
     
  17. Conder101

    Conder101 Numismatist

    That is what typically happens. An issue comes out and doesn't draw a lot of interest initially, so in the aftermarket it jump up steeply. Not wanting to miss out again EVERYONE jumps on the bandwagon the next year, so everyone has them and they tank. Look at the 1999 proof sets. When they first came out there was a lot of interest but the mint restricted sales. In the after market they jumped. The next year everyone piled on. Dead item. So in 2001 people stayed away because they had been burned the year before. Hot item. 2002 they piled in again. Blah.
     
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