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OBW rolls vs Mint rolls vs random rolls
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<p>[QUOTE="andrew289, post: 712625, member: 6463"]1) 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?</p><p> </p><p>First, a bank is not a retail outlet, you don't make purchases. You exchange cash for coin or get change but if you dont get a receipt ..it's not a purchase. You can get almost anything inside a roll of coins. SOme String rolls are unc. and some are mixed. You can't tell the difference from looking at the roll.</p><p> </p><p>2) Are all the String and Son rolls uncirculated or could someone just buy their paper and reroll? </p><p> </p><p>No, they are not all uncirculated. Someone can't buy wrappers, that I know of, but the company does roll circulated coinage as well as unc. coins.</p><p> </p><p>3) Are people paying more for them on ebay rather than just directly through the mint being ripped off?</p><p> </p><p>Yes and no. Some folks believe that buying the rolls from the Mint in the special US Mint wrappers adds some collector value. Also what you get from the bank and order from the Mint is only one Mint mark and the Mint sells both mint marks. You aren't being ripped off if you think you are getting something worth the price you pay and willing pay for it. </p><p> </p><p>4) 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>Good luck with that.[/QUOTE]</p><p><br /></p>
[QUOTE="andrew289, post: 712625, member: 6463"]1) 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? First, a bank is not a retail outlet, you don't make purchases. You exchange cash for coin or get change but if you dont get a receipt ..it's not a purchase. You can get almost anything inside a roll of coins. SOme String rolls are unc. and some are mixed. You can't tell the difference from looking at the roll. 2) Are all the String and Son rolls uncirculated or could someone just buy their paper and reroll? No, they are not all uncirculated. Someone can't buy wrappers, that I know of, but the company does roll circulated coinage as well as unc. coins. 3) Are people paying more for them on ebay rather than just directly through the mint being ripped off? Yes and no. Some folks believe that buying the rolls from the Mint in the special US Mint wrappers adds some collector value. Also what you get from the bank and order from the Mint is only one Mint mark and the Mint sells both mint marks. You aren't being ripped off if you think you are getting something worth the price you pay and willing pay for it. 4) but also spawned an interest in generating some revenue for bullion purchases by finding coins others want to pay premiums for. Good luck with that.[/QUOTE]
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OBW rolls vs Mint rolls vs random rolls
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