So I'm thinking about starting to aquire some BU Rolls of more modern coins like Lincoln Memorials, Jefferson Nickles, and of course Statehood Quarters. Having never been much of a Roll collector, I'm not really sure what to look for. Is OBW (Original Bank Wrapper) the way to go? or is searching around for the best of the BU coins worth opening them up? Is there any point in collecting rolls of XF-AU coins, or it that pretty much like owning the same coin 50 times? Whats the best storage solution? Square tubes, round ones, or rolling them back up in wrappers? Is there a particular brand of tubes that are better? I'm a big fan of Intercept Shield, but as far as I know they don't offer a tube. What do you all think? Lets hear from those of you with boxes full of rolls hidden in a closet somewhere.
I would venture to say that since you collect modern coins, it would be probably 150 years before any of the coins had a value over face, even in a top condition. For some of my rolls though, i choose the nicest ones and use generic plastic tubes.
That is not true, If you got some of the 2004 Peace Medal rolls from the banks they would be worth more than face value. I'm glad I picked up a bunch.
I haven't said Welcome to the Forum yet rlowe - sorry 'bout that, but now I have Anyway, if you are interested in collecting rolls try reading this first - Click Here As for the value issue - I agree, it likely won't increase much in your lifetime. Yes there are exceptions to every rule, but I am talking in general terms. Right now with the new nickel craze many collectors are paying outrageous prices for certain rolls. But those prices can just as easily drop just as fast as they went up. Only time will tell. But hey, if you wish to collect the rolls because you like them - then more power to ya :thumb:
Right and wrong....they aren't WORTH that...they are hypped up to that....if you search out the mintages and you look at how many were hoarded...they aren't rare and it is some people that don't research the prices that buy them at these prices. Sure...I was glad I picked up 20+ rolls and I sold almost all for $2-$8 proffit....but they aren't worth that IMHO. Wait a few years till everybody and his/her brother starts to pull out a roll that they had put back...and the flood the market with BU rolls...it will be harder to find a nice circulated one and not a BU one. Speedy
All of today's valuable rolls were just face value rolls at some point that some collector decided to hold onto, despite folks telling him not to waste time on modern junk... Although it takes time for rolls to accumulate value, I think that we would all agree that someone putting away rolls of buffalo nickels, mercury dimes, and walking liberty halves about 60 years ago would arguably be quite happy with that decision today. I think 150 years is a bit of a stretch. Most rolls will increase nicely in someones lifetime, but like anything else, it depends on the condition, and the original rarity. Rolls of halves or sacagewea dollars saved from today will go up in value much more quickly than statehood quarters because they were minted in a fraction of the numbers. Anyhow, someone has to put this stuff away, or how will folks in a hundred years find any original bank rolls!
They are only as good as you store them, ie preservation is the key. There is no point in saving rolls if all you are going to end up with is a bunch of green cruddy mess in 10 years. So take environmental factors into consideration when thinking about rolls. Storage is the key. I have silver rolls in inert tubes and still they have toned.
