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<p>[QUOTE="Spark1951, post: 8646324, member: 90692"][USER=142303]@Joseph008[/USER] ….as you can see, there are a lot of things you could do with these rolls…but just for grins I want to do 1 exercise on one of your rolls:</p><p><br /></p><p>A roll of 1964-D Lincolns…let us say the 50 coins in the roll are all uncirculated, and that they are all MS60. At USA Coin Book an MS60 currently lists for a value of 17 cents. This computes to $8.50 per roll, so if you had 43 rolls and all the coins were the same MS60 grade then all would total $365.50 based on the stated listing.</p><p><br /></p><p>There are many things wrong with the preceding excercise:</p><p>1. Not all the coins in the roll will have the same grade…some will be better grade, some will have die deterioration and some will have variety attributes like doubling and RPMs.</p><p>2. Other sites will list a different value for the exact same coin.</p><p>3. Dealers and Local Coin Shops will buy at a discount so they can make a profit when they sell.</p><p>(There are too many other reasons that I won’t list just to keep this simple)</p><p><br /></p><p>In summation, this exercise is flawed because of the many variables that exist and are inherent when working with coins. The variables <i><b>greatly influence</b></i> the value of each coin.</p><p><br /></p><p>You have gotten some great advice already from [USER=112417]@manny9655[/USER] [USER=19250]@Paddy54[/USER] [USER=114675]@potty dollar 1878[/USER] and [USER=100526]@Razz[/USER] I reiterate their advice; to process these rolls as they deserve will take some time and work, but you will be better off. You just may find some valuable varieties or some gem condition coins…imo…Spark[/QUOTE]</p><p><br /></p>
[QUOTE="Spark1951, post: 8646324, member: 90692"][USER=142303]@Joseph008[/USER] ….as you can see, there are a lot of things you could do with these rolls…but just for grins I want to do 1 exercise on one of your rolls: A roll of 1964-D Lincolns…let us say the 50 coins in the roll are all uncirculated, and that they are all MS60. At USA Coin Book an MS60 currently lists for a value of 17 cents. This computes to $8.50 per roll, so if you had 43 rolls and all the coins were the same MS60 grade then all would total $365.50 based on the stated listing. There are many things wrong with the preceding excercise: 1. Not all the coins in the roll will have the same grade…some will be better grade, some will have die deterioration and some will have variety attributes like doubling and RPMs. 2. Other sites will list a different value for the exact same coin. 3. Dealers and Local Coin Shops will buy at a discount so they can make a profit when they sell. (There are too many other reasons that I won’t list just to keep this simple) In summation, this exercise is flawed because of the many variables that exist and are inherent when working with coins. The variables [I][B]greatly influence[/B][/I] the value of each coin. You have gotten some great advice already from [USER=112417]@manny9655[/USER] [USER=19250]@Paddy54[/USER] [USER=114675]@potty dollar 1878[/USER] and [USER=100526]@Razz[/USER] I reiterate their advice; to process these rolls as they deserve will take some time and work, but you will be better off. You just may find some valuable varieties or some gem condition coins…imo…Spark[/QUOTE]
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