presidential dollar rolls

Discussion in 'Coin Chat' started by 10gary22, Nov 10, 2011.

  1. cdwest

    cdwest Member

    The other thing I have noticed is the US Mint in the Direct Coin Program, shows the coins being wrapped in the NF Strings roll.
     
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  3. BUncirculated

    BUncirculated Well-Known Member

  4. cdwest

    cdwest Member

  5. BUncirculated

    BUncirculated Well-Known Member

    Neither are N.F. String ;)
     
  6. Witty38

    Witty38 Member

    I am new to this forum as well. Collecting the Presidential Dollar Rolls hoping for profit later on is probably not going to get you much in this lifetime. The reason is that the US government Mint has minted literally "billion" of these and store most of them in a vault. Story here: http://www.npr.org/2011/06/28/137394348/-1-billion-that-nobody-wants

    That may change since legislation has been introduced to eliminate the $1 PAPER dollar bill http://www.coinnews.net/2011/10/03/coins-act-would-eliminate-dollar-bill-replace-with-1-coin/
    and other separate legislation has been introduced to eliminate the Presidential golden coins series http://www.coinnews.net/2011/07/22/proposed-legislation-would-end-presidential-dollar-coins/.

    No one knows what effect these passed legislations could possibly have on the value of the Presidential Golden Dollar coins or roll.

    Right now, collecting these rolls is just another way of saving money like you would in a bank except there is no interest. Unless you just like the rolls, it would be better IMO to break them up as mentioned above and find the best ones to put in a Dansco album.
     
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