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<p>[QUOTE="Troodon, post: 210826, member: 4626"]Sorry but I have solid evidence you're wrong about that... I have several times just gone to local banks and bought for face value rolls of coins (bison nickels, new state quarters, etc.) and they have always been solid rolls of unsrearched, unciruclated coins, every one from the Denver Mint. If I really wanted Philadelphia ones too I suppose I could go get (or have someone get for me) rolls from banks in or near Philadelphia for face value. 40 uncirculated state quarters in a roll from Wells-Fargo are worth exactly what 40 uncirculated quarters in a roll with the Mint logo are, or 40 loose unciruclated state quarters for that matter. The paper roll has no inherent value.</p><p><br /></p><p>I suppose you could make the argument that a roll with the Mint logo is guaranteed to have all coins from the same Mint unsearched, and bank rolls don't have that guarantee, but if you time it right it's not hard to get a bank roll of coins all uncirculated, all same mint, all unsearched (as long as you're talking about a recent Mint issue). I also suppose that you could make the argument that if people are willing to pay more for a roll with the Mint logo that makes it worth more, since something is ultimately worth what people are willing to pay, but I have almost never seen someone trying to resell rolls with the Mint logo on them (people who buy them usually want to open them to look for high grade coins, errors, etc.) so it would seem there's much of a secondary market for them. Still, it is the coins in a roll, not the roll, that has value (Try seeing how much money you'll ever get for an empty roll, lol...).</p><p><br /></p><p>In response to Don Cole: Most banks to my knowledge don't re-roll coins on the spot; any change they receive from their customers in excess of what they need at the branch is sent to private companies to re-roll, which are then delivered to banks (not necessarily the same ones that sent them the change). It is possible to get these recycled coins in rolls from the bank, but if you specifically ask for new rolls (most banks don't have a problem accomadating this, especially if you have an account there) it's not hard to get rolls only made up of new coins. Make sure you specifically request them; if you just ask for a roll of quarters they'll just give you a roll at random whivh might very well be older recycled coins, but if you ask "Do you have any rolls of the new Montana quarters?" they'll give you a fresh roll made up of coins the armored car company got straight from the Mint to roll. Never had a problem getting these from my bank.</p><p><br /></p><p>In conclusion, I'd stick with my original statement... if you want rolls of uncirculated, unsearched, recently issued coins, the bank is your best bet, and you won't ever have to pay a penny over face value. Only if you can't find a bank within reasonable distance to you that bothers to order the coin in question (for example, presidential dollars) is it really worth it to order straight from the Mint. If you're just not confident that you can get solid rolls of unciruclated and unsearched coins from the bank or you can't find a bank that will accomadate your request for such rolls then go ahead and order directly from the Mint. Still I'd say 95% of the time you can get exactly the same coins for face value from your bank.[/QUOTE]</p><p><br /></p>
[QUOTE="Troodon, post: 210826, member: 4626"]Sorry but I have solid evidence you're wrong about that... I have several times just gone to local banks and bought for face value rolls of coins (bison nickels, new state quarters, etc.) and they have always been solid rolls of unsrearched, unciruclated coins, every one from the Denver Mint. If I really wanted Philadelphia ones too I suppose I could go get (or have someone get for me) rolls from banks in or near Philadelphia for face value. 40 uncirculated state quarters in a roll from Wells-Fargo are worth exactly what 40 uncirculated quarters in a roll with the Mint logo are, or 40 loose unciruclated state quarters for that matter. The paper roll has no inherent value. I suppose you could make the argument that a roll with the Mint logo is guaranteed to have all coins from the same Mint unsearched, and bank rolls don't have that guarantee, but if you time it right it's not hard to get a bank roll of coins all uncirculated, all same mint, all unsearched (as long as you're talking about a recent Mint issue). I also suppose that you could make the argument that if people are willing to pay more for a roll with the Mint logo that makes it worth more, since something is ultimately worth what people are willing to pay, but I have almost never seen someone trying to resell rolls with the Mint logo on them (people who buy them usually want to open them to look for high grade coins, errors, etc.) so it would seem there's much of a secondary market for them. Still, it is the coins in a roll, not the roll, that has value (Try seeing how much money you'll ever get for an empty roll, lol...). In response to Don Cole: Most banks to my knowledge don't re-roll coins on the spot; any change they receive from their customers in excess of what they need at the branch is sent to private companies to re-roll, which are then delivered to banks (not necessarily the same ones that sent them the change). It is possible to get these recycled coins in rolls from the bank, but if you specifically ask for new rolls (most banks don't have a problem accomadating this, especially if you have an account there) it's not hard to get rolls only made up of new coins. Make sure you specifically request them; if you just ask for a roll of quarters they'll just give you a roll at random whivh might very well be older recycled coins, but if you ask "Do you have any rolls of the new Montana quarters?" they'll give you a fresh roll made up of coins the armored car company got straight from the Mint to roll. Never had a problem getting these from my bank. In conclusion, I'd stick with my original statement... if you want rolls of uncirculated, unsearched, recently issued coins, the bank is your best bet, and you won't ever have to pay a penny over face value. Only if you can't find a bank within reasonable distance to you that bothers to order the coin in question (for example, presidential dollars) is it really worth it to order straight from the Mint. If you're just not confident that you can get solid rolls of unciruclated and unsearched coins from the bank or you can't find a bank that will accomadate your request for such rolls then go ahead and order directly from the Mint. Still I'd say 95% of the time you can get exactly the same coins for face value from your bank.[/QUOTE]
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