Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Mint Rolls vs. Strings Rolls
>
Reply to Thread
Message:
<p>[QUOTE="walterallen, post: 317788, member: 4068"]Be careful Mike, you're kind of contradicting yourself. I have done research on the subject of rolled coin and I can tell you that the Mint does not roll coin. They have it done for them by an outside agency. Of course I am talking about modern coin that is getting released through out the year. If a bank receives rolled coin from the reserve banks that they order from, and by the way they must pay a premium for, are as new from the mint as the "mint wrapper rolled coin you buy from the mint", at a hug premium. The only rolls anyone should be suspicious of are old, old rolls that do not reflect that fact that they were never tampered with since they were rolled, "the year they were minted". </p><p><br /></p><p>I do agree with you that if you want to collect rolls of coin and do not mind paying much more then they are worth, then buying from the mint is extremely safe and IMHO, quite impressive. </p><p><br /></p><p>I personally enjoy the hunt and search of rolled coins from banks because of the face value cost and the ability to return what I don't want without a loss of funds. </p><p><br /></p><p>I agree 100% with your fraud comment. As collectors we can never be cautious enough with our money when dealing with sources unknown or untested.</p><p><br /></p><p><br /></p><p>Keep Collecting!!!</p><p><br /></p><p><br /></p><p>Allen[/QUOTE]</p><p><br /></p>
[QUOTE="walterallen, post: 317788, member: 4068"]Be careful Mike, you're kind of contradicting yourself. I have done research on the subject of rolled coin and I can tell you that the Mint does not roll coin. They have it done for them by an outside agency. Of course I am talking about modern coin that is getting released through out the year. If a bank receives rolled coin from the reserve banks that they order from, and by the way they must pay a premium for, are as new from the mint as the "mint wrapper rolled coin you buy from the mint", at a hug premium. The only rolls anyone should be suspicious of are old, old rolls that do not reflect that fact that they were never tampered with since they were rolled, "the year they were minted". I do agree with you that if you want to collect rolls of coin and do not mind paying much more then they are worth, then buying from the mint is extremely safe and IMHO, quite impressive. I personally enjoy the hunt and search of rolled coins from banks because of the face value cost and the ability to return what I don't want without a loss of funds. I agree 100% with your fraud comment. As collectors we can never be cautious enough with our money when dealing with sources unknown or untested. Keep Collecting!!! Allen[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Mint Rolls vs. Strings Rolls
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...