Will the new uncirculated coin sets have the matte finish on them this year again? Just wondering because if that is the case it would be very difficult to find a circulated(non matte) coin in a good grade. No more breaking up uncirculated sets hoping to get a high grade. The only chance of getting a decent grade would be to buy an uncirculated roll. Someone correct me if I am wrong. I just bought 10 rolls of 2007 dimes from my bank that came directly from the the mint. Am thinking about collecting rolls of each denomination as long as they are new. Thinking these may be a wise investment many years from now. I am new to roll collecting obviously!
In a way, I think that would be good for coin collecting as a whole. The unc set collectors wouldn't have to deal with all of the best coins being broken out of the sets by singles collectors, and collecting circulating coins will be just that. An individual will have to go to banks, look through pocket change, etc. I like the idea.
I agree! Let's make collecting coins from circulation (circulation strikes) purely about finding them IN CIRCULATION! Just MHO
I'm all for searching Pocket Change!!! I'm not sure about the investment angle though. Let's zoom back 40 years. It's 1967, there is no official mint set this year. My latest Coin Values magazine lists the following values for 1967 MS-60 coins: 1 Cent --> 10 cents 5 Cent --> 20 cents 10 Cents --> 25 cents 25 Cents --> 60 cents (I will ignore the Kennedy half because silver prices cloudy those waters...) If you had one of each (41 cents worth), the "catalog" value would be $1.15 after 40 years. And we know that you won't get catalog value. So 40 years to just barely double your money. Doesn't look good. Also, we're in a red-hot coin market right now - if it's metal and it's round, it will sell. There are just so darned many circulating coins made that I find it hard to believe any of us will see any kind of upside in our lifetimes - there are a whole lot better ways to make money.
Mike and others, I respect your opinion and desire to collect this way. I also like some circulated coins. But - For me - just go to the nickel section and look at those two new nickels I picked up yesterday. They were circulation strikes that did not leave their rolls until a couple weeks ago. They are incredible and I am thankful to have them in my collection in this condition. The premium these demanded was nice for the seller and then the dealer. Saving rolls might be profitable if your saving the right coins - not sure if there are any modern though worth saving that could ever demand that kind of return.?. Maybe halves and dollars? Good Luck Darryl
1967 not a wise investment yet, But try the logic on 1982 1983 with no MintSets. If the Mint Sets are Matte is that like no Mintsets issued?
True, the results are better - but only for the quarter. Of course, we are talking 25 years ago rather than 40 years ago. It'll be interesting. But I would still maintain that there are way more people saving rolls and rolls each year than there were in 1982 or 1967. In "the good old days", if you said that you were going to put a few aside because they might be valuable some day, that meant a few COINS. Today that means a few ROLLS or even a few BAGS I wonder if we aren't ruining coin collecting for the YN's who will be starting in 20 years. All the old timers will be circling like vultures with their BU rolls, ready to make that quick profit from their "investment". It seems like everybody and their brother isn't happy with one example of anything anymore. You need five or ten. What? To collect? Hello.... Sorry. I got side-tracked. I like the idea of pulling stuff from circulation. But this is going to get all the more complicated when they stop making the current cent and nickel. Then they will disappear from circulation and you'll have to get them from all the "investors" who squirrelled them away in their safes.
unfortunately these are being sold in OX quantity on Ebay. I'd say 1983 quarters do not exist in box quantity.
