Value of US Mint wrappers on presidential dollar rolls

Discussion in 'US Coins Forum' started by dreamer94, Apr 25, 2007.

  1. mikenoodle

    mikenoodle The Village Idiot Supporter

    I think something getting lost in all of this is this...

    If EVERYONE hoards rolls of a given coin ( evidence the roll craze of the 50s ), the coins contained within will, in my estimation, probably NEVER command a premium because they are common in Mint State. People are hoarding rolls of the statehood quarters in hopes of someday selling them for a premium in either complete sets or as singles. I think they are going to be just too common for this to ever pay off as an investment. as for the 100 years from now argument, you can STILL find 1883 ( no cents ) Liberty Nickels relatively cheaply because the public hoarded them.
     
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  3. dreamer94

    dreamer94 Coin Collector

    I don't think this is true. When people decide they want to put together a collection of uncirculated state quarters, e.g. to fill an album, the only option they're going to have is to buy them from people who saved them. Dealers are already selling them at a 100% or better premium and some of them are only a couple of years old. Admittedly, they don't have to be in rolls. They could be in bags, but people who obtained them from a bank at face value will have obtained them in rolls.

    I don't plan to sell mine, but I think my children and perhaps my grandchildren will get a kick out of having the original coins in uncirculated rolls. I wish my parents and grandparents had saved the coins of their day and left them for me.
     
  4. mikenoodle

    mikenoodle The Village Idiot Supporter

    You are correct on that point, sir. I obtained mine at face from banks and friends. My thought always was... if things get tight, I can just spend them. No loss. I kept a roll of each that I had by state and mintmark and I am waiting to see what happens.
     
  5. eddiespin

    eddiespin Fast Eddie

    You mean no loss in terms of real dollars. But notwithstanding that (inflation), there's another thing. In 100 years from now, a Mint wrapper is going to all but “certify” these coins haven't been re-rolled. Why might that be important? Two words: Coinstar machines. And to the collector in 100 years from now desirous of taking his chances on a roll that has yet to have been inspected, that Mint imprimatur might make a difference.
     
  6. Daggarjon

    Daggarjon Supporter**

    i disagree with you on this one Eddiespin, i dont think people will care in the difference in what color the rolls are.. but thats the great thing, our opinions are both correct to those that matter :)
     
  7. GDJMSP

    GDJMSP Numismatist Moderator


    And just how hard do you think it is to print fake mint paper rolls and roll your own ? What makes you think someone isn't already doing just that ? They've been printing fake mint envelopes for years now.
     
  8. eddiespin

    eddiespin Fast Eddie

    Yeah, well, let's just see who's right in 100 years from now! :D

    But kidding aside, absolutely, reasonable minds can differ on this one. :)
     
  9. eddiespin

    eddiespin Fast Eddie

    Oh, you're just being cynical. ;) But I guess my point is, these Mint wrappers are like "slabs," certifications. But then I guess they're counterfeiting slabs, now, too, aren't they? Or trying their luck at it, anyway.
     
  10. GDJMSP

    GDJMSP Numismatist Moderator

    The only fake slabs I have ever even heard of were back when PCGS first started over 20 years ago. As for being cynical, yeah I am, but for good reason. The real question is whether I am cynical enough.
     
  11. griv

    griv Coin crazy

    I just think they are all in bad shape. Especially want comes out of Denver. I went through 40 US Mint rolls of GW Ds and if even one grades 67 I'll do a cartwheel.
     
  12. COIN STASHER

    COIN STASHER Senior Member

    Could you please tell me where I might find those plastic tubes that hold "rolled" quarters, as well as ones which will hold other wrapped roll denominations of cents, nickels, dimes, halves, and all U.S. dollars? This info would be greatly appreciated, as I have looked for them for some time now, and been told by my local supply dealer that he cannot obtain any. Thanks in advance!
     
  13. GDJMSP

    GDJMSP Numismatist Moderator


    You can find at the same place I always recommend for any coin supplies - JP's Corner
     
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