Discussion in 'Coin Roll Hunting' started by Matthew Kruse, Feb 27, 2020.
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What he said.
My guess is that thousands upon thousands upon thousands are dumped back into circulation from bags and rolls that are ordered from the Mint but do not grade high enough. That's what I used to do! ~ Chris
That would make sense. Thanks!
A dealer doesn't want them for 55 or 60 cents because there's no resale market and even if there was, there's no profit even at a dollar a coin.
You could hold them for 20 years and maybe get a dollar a coin, if they ever stop making them, but 50 cents today is probably worth more than $1 in 20 years anyway. I would keep the very best highest grade coin, and spend the rest.
Haha. Did you make that meme?
The only ones that will be profitable are those that grade MS68 or higher. ~ Chris
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