Pres. Dollars

I am new to the forum. It is great that we can talk about coins whenever it strikes us. No PUN intended...
I was wondering if I should buy rolls of the P and D or just buy one of each. Any suggestions????

 

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Welcome to the forum!!!! If you like the new dollar coins then by all means buy a roll of each. Collecting coins is an individual effort as far as buying goes. If you like it, buy it. Dont go by what everyone else tells you to buy. Thats what makes all of our interests different. Have Fun!!!

 

Welcome aboard.You will learn a lot here.

Aidan.

 

I think Indianhead has given you very sound advice there your coins.

Bruce.

 

Irish:
Just have fun with your collecting, there is no right or wrong way to collect.

 

I plan on getting a P and D roll of washington from the mint. Not a huge mark up and I think they will be fun to collect.

 

I am just wondering:

Why would any one buy a roll of 25 from the mint for $35.95 + shipping charges when you can get a roll from a bank for the face value for $25 and save on shipping? There won't be any quality difference, either. What am I missing?

 

Well, the ones at your bank are most likely from bags. The bags are then rewrapped into rolls by a company for the bank. The coins in bags get all dinged up when they are transported so in all likelyhood, they'll look worse than the ones you get from a US Mint roll. And then there is the fact that depending on where you live, you can only get the P _or_ the D mint marks.

 

tsk:

Thanks for a quick reply! That helps... I thought all commercial outfits get rolls. Did not think about the bags...

 

Well, I should add, that I could be wrong . But I'm fairly certain banks all get bags that are rewrapped.

 

Sweet, so if I can get a few new rolls from the bank that are from the mint... I'd be Hip to do that...

I wouldn't mind putting up a few of each, just because I'm a coin hoarder...

When I die, someones going to have a time emptying out my basement....

I want to build a coffie table thats got a coinwell where the coins roll down in circles and end up in a big keg or drum in the basement...

 

No one has said if these wrappers will have a special marking, but I'm hoping they do. And unless I missed it, you need to keep in mind that your bank will usually only have Denver or Philly rolls on hand depending on what part of the country you live. You'll still probably have to buy the other from the mint or the secondary market.

 

For anyone who did not see this here it is again

Commemorative Coin - FRB Philadelphia

Please be aware that availability dates listed here are estimated dates and may change. Orders will be filled on first-come, first-served basis until available inventories are depleted.

Note: the current State Quarter® and Presidential $1 Coins are listed first.


State Quarter Program
Montana - November 8, 1889
Location Date
Philadelphia February 5, 2007


Presidential $1 Coin
George Washington 1789 - 1797
Location Date
Philadelphia Special ordering period February 1- March 15, 2007
Philadelphia Availability for public release February 15, 2007

If you would like to place an order for only $1,000 of boxed coin and are a FedLine Web Subscriber, or if you need $2,000 bags of mixed $1 coins or $2,000 bags of unmixed Presidential $1 Coins during the six-week period to meet your customers’ needs, please contact your local Federal Reserve Office regarding special order requests.

For more information on the Presidential $1 Coin ordering process, please visit the 3rd District web page or call Philadelphia Cash Administration at (215) 574-6324.

link to site
http://www.frbservices.org/Cash/comcoin/philadelphia.html

 

I got a roll today and its not marked with US Mint if that is what you mean--in fact it has the name of a wrapper company---but then it also says on the wrapper "George Washington". They are nice but I'm sure not going to collect them.

Speedy

 

Speedy,is that referring to the rolls,or to the Presidential Dollars? They'd make a cool education tool to teach new immigrants about the Presidents of America,& in what order they served.

Aidan.

 

The Rolls.

Speedy

 

Speedy,I suppose you will be collecting just the Presidential Dollars by both date & mintmark.

Aidan.

 

you know I do not even know order the presidents served in other than maybe the first 3 or so. Sad but true but then again it is not something that really comes up a lot.

One of the local banks now say they are going to get some of the presidential coins . Something about an e-mail they had received. I now wonder if they ordered Mr. president George or were they "ask" to take some of these. I shall endevor to find out.