Anyone else collecting Lincoln Rolls??

Discussion in 'US Coins Forum' started by About Good, Jun 10, 2010.

  1. About Good

    About Good Junior Member

    I have been buying 100's of Lincoln rolls in the past 2 years... I am talking only BU Rolls...I wanted to accumulate 1954-2010 in every mint mark in BU Lincoln rolls. I have all of them but about 8. :)

    I was wondering if anyone else are collecting these. ?? And do you think it will pay off in the future? I am not sure, as I can buy 1959 Lincolns rolls for 2.00 - 3.00 or so for a roll. That is holding onto a roll for 50 years and getting a 2-3 a roll, doesn't seem worth it,:confused:

    what do you all think? collect them or not? Any particular year that maybe we should try to hoard? The memorials are getting more in demand, and some years, rolls are going for over 50.00, and alot of slabbed MS67 and up coins are bringing strong money...So, what do you think?:hail:
     
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  3. djdilliodon

    djdilliodon Junior Member

    IMO high grade slabbed is the way to go. Most of the modern stuff again imo isnt gonna go anywhere (at least in our life time). Of course certain years may rocket up but majority just wont. Then again what do i know? collect what you like, enjoy it for what it is, and in the end you will be happy :)
     
  4. Coinsnake

    Coinsnake MorganMan

    I've never really been into cents but with the new designs of 09 & 10 I figured what the heck, so I purchased 5 of each of the 09 roll sets (P&D) from the mint website. They all were $8.95 each. I also picked up 5 proof sets. The LP1 log cabin sets were selling for upwards of $100 on eBay shortly after the mint stopped selling them. Now they're going for around $80. I guess I'll hold them for the long haul and see if they'll jump again. Other than significant years I would think most penny rolls would not be worth hanging onto unless you really love them for sentimental reasons, birthyears, anniversaries, etc.
     
  5. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Do you really think they'll increase in value? Maybe in 50-100 years, but even if you're alive then, what do you think inflation will do to the return?

    If it were me, I'd sell and take the 780% profit and look for something else to buy with the proceeds.

    Chris
     
  6. rlm's cents

    rlm's cents Numismatist

    Are you collecting or investing? If you are collecting, go for it and have fun. If you are investing, your numbers for the 1959 roll give you about a 4%annual yield (if you bought them at face). Right now, that is not the worst yield I have seen, but it should not be difficult to beat it either.
     
  7. onecoinpony

    onecoinpony Member

    If you want modern rolls that might return a faster profit consider buying sealed boxes of 2009 LP 2 P mint. The reason I say sealed boxes is because everytime I see someone use the word "unsearched" rolls, I think no way on God's green earth are they unsearched.

    With a sealed box your odds are much better of them being unsearched.

    The multitude of errors found in LP2 were found both in white mint boxes, and circulation rolls. A single error WDDR 006 is selling for $8~. The $25 boxes can be had for $45, plus shipping.
     
  8. HOLLYWOOD

    HOLLYWOOD Active Member

    I have a box but i was told that there just like bicentenial quarters and we all know what there worth
     
  9. Coinsnake

    Coinsnake MorganMan

    So in your opinion, would it be worth it to open a box/roll or 2 of these to search for errors? If you have a link with error examples I'd appreciate it.

    Thanks
     
  10. onecoinpony

    onecoinpony Member

    Just type in WDDR 006 in a ebay coin search. You have virtually nothing to lose as the rolls aren't even selling for twice face. I don't buy these $25 boxes, a little too much work for me.

    I do buy the LP 2 mint sealed two roll boxes for $30 a box. You need to research on other forums which two roll boxes are considered prime error candidate (Type in formative years). I wouldn't want to mislead you at $30 a roll, as the D mint roll is kinda worthless.
     
  11. BadThad

    BadThad Calibrated for Lincolns

    I collect BU Lincoln rolls. I have every date/mint from 1980 up from roll searching. I only had to buy a couple of those rolls like the 1982 SDC....those are scarce. My 7 variety 1982's are absolutely ALL beautiful coins. I also have a lot of wheat and 1959-1979 rolls too, but the zincs have been my focus for the past couple of years.

    The best part of my Zinlcoln roll collection is that I've constantly upgraded the coins in the rolls as I find better examples. Almost every single coin I have is MS-63 up and nice and spot-free. I have many rolls with all MS-65 and up coins. For the past year or so it's almost impossible for me to find upgrades since my rolls are really that good.

    Is your collection OBW rolls? I actually HATE OBW Lincoln rolls. I've opened tons of them and most were improperly stored or contain crappy, spotted coins. Personally, I would buy an opened/tubed roll over OBW any day!
     
  12. abe

    abe LaminatedLincolnCollector

    I've got several BU rolls in wheats and memorials. I'm not really into rolls though. I did start a circ. roll collection of wheaties, but I've got a loooong way to go...
     
  13. Duke Kavanaugh

    Duke Kavanaugh The Big Coin Hunter

    I collect them. I have from around 1946 to 1984 in PDS.
    Earlier then that they start to get expensive so it'll be a slow run but I"m working on it :D
     
  14. majorbigtime

    majorbigtime New Member

    Roll collecting was the rage in the 1960s and there are tons of the "stuff" available. As you note, hoarding unc rolls was a losing proposition and I believe that buying 'em now will be more of the same.
     
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