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<p>[QUOTE="cphine, post: 712598, member: 20940"]Hi folks,</p><p>Here's the first of many questions this newbie has.</p><p> </p><p>When one buys rolls of coins from the bank, they may contain either all of one year/mint or they may be random bunches of circulated coins. How is one to tell the difference before purchasing? Are all the String and Son rolls uncirculated or could someone just buy their paper and reroll?</p><p> </p><p>Somewhat related second question....</p><p> </p><p>In my half dollar hunting at local banks yesterday, I did see a $25 roll of Martin Van Buren dollars. Since the wrap actually labels them as such, I assume these are uncirculated. I bought them on a whim (hey, face value exchange, no risk involved!) and checked out going market value for them. Often they are sold higher than face value, but the mint also offers these rolls with no markup and no shipping cost. Are people paying more for them on ebay rather than just directly through the mint being ripped off?</p><p> </p><p>I'm still finding my footing in all of this. It started about a month ago with a desire to just find silver, but that has grown into a genuine interest in collecting for collection's sake, but also spawned an interest in generating some revenue for bullion purchases by finding coins others want to pay premiums for.</p><p> </p><p>What's the scoop on OBW rolls in terms of both collecting and profiting?</p><p> </p><p>Cheers in advance,</p><p>Christian[/QUOTE]</p><p><br /></p>
[QUOTE="cphine, post: 712598, member: 20940"]Hi folks, Here's the first of many questions this newbie has. When one buys rolls of coins from the bank, they may contain either all of one year/mint or they may be random bunches of circulated coins. How is one to tell the difference before purchasing? Are all the String and Son rolls uncirculated or could someone just buy their paper and reroll? Somewhat related second question.... In my half dollar hunting at local banks yesterday, I did see a $25 roll of Martin Van Buren dollars. Since the wrap actually labels them as such, I assume these are uncirculated. I bought them on a whim (hey, face value exchange, no risk involved!) and checked out going market value for them. Often they are sold higher than face value, but the mint also offers these rolls with no markup and no shipping cost. Are people paying more for them on ebay rather than just directly through the mint being ripped off? I'm still finding my footing in all of this. It started about a month ago with a desire to just find silver, but that has grown into a genuine interest in collecting for collection's sake, but also spawned an interest in generating some revenue for bullion purchases by finding coins others want to pay premiums for. What's the scoop on OBW rolls in terms of both collecting and profiting? Cheers in advance, Christian[/QUOTE]
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OBW rolls vs Mint rolls vs random rolls
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