Are mint prez bucks rolls going to be worth anything?

Are mint prez bucks rolls going to be worth anything?

Post by varois8 » Thu, 07 Aug 2008 07:15:45



Hi

I am not a speculator, neither a roll collector but I own the first 6
presidential rolls minty fresh from Philadelphia.
Shall I keep them ?
Or shall I trade them back at the bank and take the wife out for
dinner?
It seems a lot of bank don't order the new ones as they are backed up
with previous prez bucks releases, at least that's what they tell me.

Thanks for your help

Patrick

 
 
 

Are mint prez bucks rolls going to be worth anything?

Post by Fred Shecte » Thu, 07 Aug 2008 07:21:04


Why in the world would you drive to the bank and trade them back to take
your wife out to dinner? They are money and can be used to buy dinner.

I spend nothing but dollar coins and two dollar bills. Try it. Then get many
more rolls from your bank and spend them. Then they will order nmore of the
latest president every 3 months through 2016.

You may wish to save a roll or two of each so that late-comer collectors can
buy some from you at a slightly higher price. As with many coin
"investments", do not expect to become rich.

--
-Fred Shecter
remove zorch two places to reply
Current eBay auctions:
http://search.ebay.com/_W0QQfgtpZ1QQfrppZ25QQfsooZ1QQfsopZ1QQsassZshr...

Join the Revolution:
http://www.sirius.com


Quote:
> Hi

> I am not a speculator, neither a roll collector but I own the first 6
> presidential rolls minty fresh from Philadelphia.
> Shall I keep them ?
> Or shall I trade them back at the bank and take the wife out for
> dinner?
> It seems a lot of bank don't order the new ones as they are backed up
> with previous prez bucks releases, at least that's what they tell me.

> Thanks for your help

> Patrick


 
 
 

Are mint prez bucks rolls going to be worth anything?

Post by Voltronicu » Thu, 07 Aug 2008 07:35:28


On Aug 5, 6:21?pm, "Fred Shecter"

Quote:

> Why in the world would you drive to the bank and trade them back to take
> your wife out to dinner? They are money and can be used to buy dinner.

> I spend nothing but dollar coins and two dollar bills.

You're a real sport there, aren't you?
 
 
 

Are mint prez bucks rolls going to be worth anything?

Post by realit » Thu, 07 Aug 2008 08:02:37



Quote:
> On Aug 5, 6:21?pm, "Fred Shecter"


> > Why in the world would you drive to the bank and trade them back to take
> > your wife out to dinner? They are money and can be used to buy dinner.

> > I spend nothing but dollar coins and two dollar bills.

> You're a real sport there, aren't you?

LOL.  I can imagine the tortured thoughts running through the minds of
various cashiers as they look up and see him standing in their line.

Something like "Ahhhhwww *shit*.....not *this* guy again".

 
 
 

Are mint prez bucks rolls going to be worth anything?

Post by Bruce Remic » Thu, 07 Aug 2008 09:53:31



Quote:
> Hi

> I am not a speculator, neither a roll collector but I own the first 6
> presidential rolls minty fresh from Philadelphia.
> Shall I keep them ?

Curious.  You say you're not a speculator or roll collector, yet you
presumably saved bank rolls of the first six presidential dollar coins.
There's gotta be a *little* bit of both qualities hidden deep down inside.

Quote:
> Or shall I trade them back at the bank and take the wife out for
> dinner?

Had you been planning to pick up a roll from the bank each time a new issue
came out, but then decided not to bother after the first six?  Unless you
really need the cash, why not just stash those six rolls away and take the
wife out anyway?  You may change your mind again later about the dollars,
whether they can be unloaded for a premium or not.  But the points you make
with the wife will always be a good investment.
 
 
 

Are mint prez bucks rolls going to be worth anything?

Post by Jerry Denni » Thu, 07 Aug 2008 13:46:04



Quote:
> Hi

> I am not a speculator, neither a roll collector but I own the first 6
> presidential rolls minty fresh from Philadelphia.
> Shall I keep them ?
> Or shall I trade them back at the bank and take the wife out for
> dinner?
> It seems a lot of bank don't order the new ones as they are backed up
> with previous prez bucks releases, at least that's what they tell me.

> Thanks for your help

> Patrick

Let's put this into perspective.  I've been saving a roll of P and D
Statehood Quarters since Delaware.  Arizona has just reached my
banks.  Alaska and Hawaii are all that remain.  When completed I'll
have $1,000 face value in quarters, or taken another way, 40 complete
P & D collections that I can either sell off on fleabay or just save
for my descendents.  Will they ever be worth more than face?  Who
knows?  Rumor has it that Graceland is interested in as many uncirc TN
quarters as they can get for their Elvis-decalled quarters.

To get back to your original question, rolls will probably only be
worth face, unless you get an error.  After the program ends, you'll
have 25 sets of Presidental dollars.  My opinion?  It's your money; do
as you see fit.  And as Bruce said, forget the dilemna about save or
spend; take the wife out and enjoy a quiet evening without the kids/
grandkids.

Jerry

 
 
 

Are mint prez bucks rolls going to be worth anything?

Post by George » Tue, 09 Sep 2008 01:33:02


Quote:


>> Hi

>> I am not a speculator, neither a roll collector but I own the first 6
>> presidential rolls minty fresh from Philadelphia.
>> Shall I keep them ?
>> Or shall I trade them back at the bank and take the wife out for
>> dinner?
>> It seems a lot of bank don't order the new ones as they are backed up
>> with previous prez bucks releases, at least that's what they tell me.

>> Thanks for your help

>> Patrick

> Let's put this into perspective.  I've been saving a roll of P and D
> Statehood Quarters since Delaware.  Arizona has just reached my
> banks.  Alaska and Hawaii are all that remain.  When completed I'll
> have $1,000 face value in quarters, or taken another way, 40 complete
> P & D collections that I can either sell off on fleabay or just save
> for my descendents.  Will they ever be worth more than face?  Who
> knows?  Rumor has it that Graceland is interested in as many uncirc TN
> quarters as they can get for their Elvis-decalled quarters.

> To get back to your original question, rolls will probably only be
> worth face, unless you get an error.  After the program ends, you'll
> have 25 sets of Presidental dollars.  My opinion?  It's your money; do
> as you see fit.  And as Bruce said, forget the dilemna about save or
> spend; take the wife out and enjoy a quiet evening without the kids/
> grandkids.

> Jerry

I don't know about dollars but some quarters are worth more than face.

http://www.jakesmp.com/BUY_prices/Buy_Prices_page_018_M.html

George

--
A government big enough to give you everything you want, is strong enough to take
everything you have.
-Thomas Jefferson

 
 
 

Are mint prez bucks rolls going to be worth anything?

Post by Kenneth Zinge » Tue, 09 Sep 2008 05:33:32


None of these coins will ever be worth little more than face value.


Quote:


> >> Hi

> >> I am not a speculator, neither a roll collector but I own the first 6
> >> presidential rolls minty fresh from Philadelphia.
> >> Shall I keep them ?
> >> Or shall I trade them back at the bank and take the wife out for
> >> dinner?
> >> It seems a lot of bank don't order the new ones as they are backed up
> >> with previous prez bucks releases, at least that's what they tell me.

> >> Thanks for your help

> >> Patrick

> > Let's put this into perspective.  I've been saving a roll of P and D
> > Statehood Quarters since Delaware.  Arizona has just reached my
> > banks.  Alaska and Hawaii are all that remain.  When completed I'll
> > have $1,000 face value in quarters, or taken another way, 40 complete
> > P & D collections that I can either sell off on fleabay or just save
> > for my descendents.  Will they ever be worth more than face?  Who
> > knows?  Rumor has it that Graceland is interested in as many uncirc TN
> > quarters as they can get for their Elvis-decalled quarters.

> > To get back to your original question, rolls will probably only be
> > worth face, unless you get an error.  After the program ends, you'll
> > have 25 sets of Presidental dollars.  My opinion?  It's your money; do
> > as you see fit.  And as Bruce said, forget the dilemna about save or
> > spend; take the wife out and enjoy a quiet evening without the kids/
> > grandkids.

> > Jerry

> I don't know about dollars but some quarters are worth more than face.

> http://www.jakesmp.com/BUY_prices/Buy_Prices_page_018_M.html

> George

> --
> A government big enough to give you everything you want, is strong enough
to take
> everything you have.
> -Thomas Jefferson

 
 
 

Are mint prez bucks rolls going to be worth anything?

Post by Harv » Tue, 09 Sep 2008 05:41:25



Quote:
> None of these coins will ever be worth little more than face value.

except for errors.. anyone holding shotgun rolls of the ones issued so far
should break them open and check for missing, doubled, overlapped, and faint
edge lettering.. there's also the one in a bajillion chance of an
edge-lettered blank planchet, or an edge-lettered Sacabuck lurking in
there.. the latter two would be worth moon money if you're lucky enough to
find one..

Harv

--
"MOST OF LIFE'S PROBLEMS CAN BE FIXED WITH WD-40 OR DUCT TAPE.  IF IT
DOESN'T MOVE AND SHOULD, USE THE WD-40.  IF IT MOVES AND SHOULDN'T, USE THE
DUCT TAPE."

** Posted from http://www.teranews.com **

 
 
 

Are mint prez bucks rolls going to be worth anything?

Post by Bruce Remic » Tue, 09 Sep 2008 09:25:20



Quote:



>> None of these coins will ever be worth little more than face value.

> except for errors.. anyone holding shotgun rolls of the ones issued so far
> should break them open and check for missing, doubled, overlapped, and
> faint edge lettering.. there's also the one in a bajillion chance of an
> edge-lettered blank planchet, or an edge-lettered Sacabuck lurking in
> there.. the latter two would be worth moon money if you're lucky enough to
> find one..

> Harv

Rather than opening my rolls *** on that one-in-a-million edge error, I
place more stock in keeping them in original wraps. If I ever do want to
sell them, some flowery words about the possibilities of what errors may be
inside the unsearched rolls will always tempt enough buyers to make it more
worth my while.  Otherwise, I agree that ten years from now the opened rolls
will yield $25 worth of coins.
 
 
 

Are mint prez bucks rolls going to be worth anything?

Post by MJKolodzie » Tue, 09 Sep 2008 12:31:18



Quote:





>>> None of these coins will ever be worth little more than face value.

>> except for errors.. anyone holding shotgun rolls of the ones issued so
>> far should break them open and check for missing, doubled, overlapped,
>> and faint edge lettering.. there's also the one in a bajillion chance of
>> an edge-lettered blank planchet, or an edge-lettered Sacabuck lurking in
>> there.. the latter two would be worth moon money if you're lucky enough
>> to find one..

>> Harv

> Rather than opening my rolls *** on that one-in-a-million edge error,
> I place more stock in keeping them in original wraps. If I ever do want to
> sell them, some flowery words about the possibilities of what errors may
> be inside the unsearched rolls will always tempt enough buyers to make it
> more worth my while.  Otherwise, I agree that ten years from now the
> opened rolls will yield $25 worth of coins.

How do they get in rolls?  I thought that the mint sent them out in bags and
banks rolled them.  What bank? My bank? Could someone have searched them
before I got mine from the local bank?  Are quarters treated differently
than dollars?  I did get $250 from the mint with free shipping but I ordered
rolls.  I wonder how many in a bag?
mk
Going to the Mint site now.....
 
 
 

Are mint prez bucks rolls going to be worth anything?

Post by Bruce Remic » Tue, 09 Sep 2008 21:30:50



Quote:







>>>> None of these coins will ever be worth little more than face value.

>>> except for errors.. anyone holding shotgun rolls of the ones issued so
>>> far should break them open and check for missing, doubled, overlapped,
>>> and faint edge lettering.. there's also the one in a bajillion chance of
>>> an edge-lettered blank planchet, or an edge-lettered Sacabuck lurking in
>>> there.. the latter two would be worth moon money if you're lucky enough
>>> to find one..

>>> Harv

>> Rather than opening my rolls *** on that one-in-a-million edge
>> error, I place more stock in keeping them in original wraps. If I ever do
>> want to sell them, some flowery words about the possibilities of what
>> errors may be inside the unsearched rolls will always tempt enough buyers
>> to make it more worth my while.  Otherwise, I agree that ten years from
>> now the opened rolls will yield $25 worth of coins.

> How do they get in rolls?  I thought that the mint sent them out in bags
> and banks rolled them.  What bank? My bank? Could someone have searched
> them before I got mine from the local bank?  Are quarters treated
> differently than dollars?  I did get $250 from the mint with free shipping
> but I ordered rolls.  I wonder how many in a bag?
> mk
> Going to the Mint site now.....

All my unopened shotgun rolls (P-Mint) are in wrappers by N. F. String &
Son, Inc., Harrisburg, PA.  I presume that whatever middleman company
wrapped them didn't have the time nor inclination to check individual coins
for errors.  The wild bidding on shotgun rolls when the errors first
appeared indicates to me that more than a few people believe these rolls
could hide edge error coins.
 
 
 

Are mint prez bucks rolls going to be worth anything?

Post by Jerry Denni » Wed, 10 Sep 2008 21:38:47



Quote:

> I don't know about dollars but some quarters are worth more than face.

> http://www.jakesmp.com/BUY_prices/Buy_Prices_page_018_M.html

> George

I got a kick out of Jake's website.  Looks like my comment about TN
(at $26 a roll) was true.  What I really find funny (kinda) is that
any of the 1999 rolls lost almost all of the premium they had at the
beginning of the program.  Remember when a DE roll was selling for
over $100?  And NJ-D was the rarest roll of all?

Jerry

 
 
 

Are mint prez bucks rolls going to be worth anything?

Post by Bill Krumme » Wed, 10 Sep 2008 22:43:35




Quote:

> I don't know about dollars but some quarters are worth more than face.

> http://www.FoundCollection.com/

> George

I got a kick out of Jake's website.  Looks like my comment about TN
(at $26 a roll) was true.  What I really find funny (kinda) is that
any of the 1999 rolls lost almost all of the premium they had at the
beginning of the program.  Remember when a DE roll was selling for
over $100?  And NJ-D was the rarest roll of all?

Jerry

I remember replacing any circulated Delaware that I found in the registers.
When I had forty I would eBay the circulated roll on eBay and get $20 to $30
for the $10 roll.  I did that several times until the price had dropped into
the high ***s, then I stopped.

Bill

 
 
 

Are mint prez bucks rolls going to be worth anything?

Post by Harv » Sat, 13 Sep 2008 04:48:40



Quote:

> I remember replacing any circulated Delaware that I found in the
> registers. When I had forty I would eBay the circulated roll on eBay and
> get $20 to $30 for the $10 roll.  I did that several times until the price
> had dropped into the high ***s, then I stopped.

> Bill

woo-hoo!.. EL's NNTP server seems to work.. so here's a reply to Bill's
posting (above) that I tried through TeraNews two days in a row and it never
showed up in my newsreader.. hopefully this time, using EL, it'll work..

By the way, the front page cover story of the latest issue of CW details
people finding Presidential bucks with no edge lettering in regular 2008
Mint sets..
that being the case, I spun the US Mint wheel of fortune and
ordered a couple yesterday.. as if..

any of you checked your 2008 28-coin Mint sets for these errors?..


Quote:
> I remember replacing any circulated Delaware that I found in the
> registers. When I had forty I would eBay the circulated roll on eBay and
> get $20 to $30 for the $10 roll.  I did that several times until the price
> had dropped into the high ***s, then I stopped.

> Bill

and during the initial frenzy, $25.00 Delaware State Quarter mini-bags were
going for over $1000.00.. whereas these days they're selling for around..

http://www.FoundCollection.com/

Harv

--
Charles Darwin was a naturalist. He wrote the Organ of the Species. It was
very long. People got upset about it and had trials to see if it was really
true. He sort of said God's days were not just 24 hours but without watches
who knew anyhow? I don't get it.