1986-D BU Lincoln cent rolls

Discussion in 'What's it Worth' started by gallienus267, Jan 9, 2009.

  1. gallienus267

    gallienus267 Junior Member

    Years ago I picked up 3 rolls of 86-D cents at Krogers. I see in price guides that they are worth more than other years. What are they really worth?? Many thanks for your input. Gallienus267
     
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  3. bhp3rd

    bhp3rd Die varieties, Gems

    What they are worth is always what buyer and seller agree on

    What they are worth is always what buyer and seller agree on. Now I'm not being smart but that is always the first rule of buying and selling - to answer your question and I buy and sell all memorials on a weekly basis.
    Yes, they are worth more but not what you see in the price guilds - it's kind of tricky if they are tubed and I could look at them and see they were very nice I would be able to offer or be willing to pay more. If they are junk (and these often are) I may not want them at any price so it (like all things in life) depends.
    Formula - say they bid for $24 a roll and are banked wrapped I would offer half of that and take the gamble on them being nice are having some die varieities in there (that last part is very slim). If they are tubed and I can look at them and they are nice I may offer $16. If they are tubed and super quality (this would be very rare) I may be willing to pay the full $24 maybe more as they can (over time) fetch a dollar even $2 maybe $3 in that shape.
    See it all depends - I am giving you a free lesson here and it's valuable but only as valuable as buyer and seller agree upon.
    Your coins probably being average at best will fetch from a dealer about 35% of the price quoted you saw. Not a bad find at all, I wish I had found them. Then again the dealer may not fool very much with Lincoln memorial Rolls and not really want them at all - so it always really does depend.
    You want to get a real shocker sometime look up the price of a roll of mint state 1983-P quarters. But there is no dealer I know of that would pay that much for those 83 quarters. Why? It will take him 4 years to get rid of them.
    So, as always the truest statement in the world and the answer to almost every question is, "it depends" and yes, we has coin dealers/collectors do put that kind of work and thought into most every sale or purchase we make - it's not for faint of heart to say the least.
     
  4. jgreenhood

    jgreenhood Senior Member

    The answer my Dear Watson is low mintage. Ok so 4,442,866,698 doesn't seem low and it isn't that much lower than the P.

    Cause the grey sheets are at the shop & I won't be there till Thursday. I'll try to remember to look it up.
    -----------------------
    Ok I talked to a guy we work with and he said that low mintage is the only reason.

    A dealer will sell the roll to another dealer for $25. So you may get $20.
     
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