Mint coins in bags and rolls...

DAM

I would think you'd have to find quite a few "nice" coins to sell to make out at the prices the Mint wants.

Has anyone bought these?

Have you made money doing it?

Have you found enough "nice" coins to keep doing it?

twodollardon

No, I have had better coin out of bank rolls. I just received a bag of Kennedy's and they were all garbage.
So unless you get lucky, I wouldn't count on it.

Don

cladking

In the past it was extremely difficult and expensive to find the best source for
modern gems until they were a few years old. The gems which went toward
circulation might be extremely common in Pittsburgh and non-existent every-
where else. Thos who saved the coins were so few that large areas might have
nobody setting aside the coins so all the gems would go into circulation. Those
who did save the coins would sometimes save significant quantities and if there
were gems here they might have many. Generally these coins were not available
to the market for at least a few years so it was difficult to discover what was or
had been available. The best way to find nice coins in rolls and bags is by doing
extensive "sampling". Look at a few coins from many different sources and widely
varying locations. When you find nice ones then you know where to look.

Surprisingly much of this applies equally well to the mint sets. While these sets
typically have the finest coins made by the mint (this applies to only 2% of mint
set coins generally), there are some coins which are very difficult to find nice in
mint sets. This does not necessarily apply to the corresponding rolls. The mint sets
too have a tendency for the best coins to "bunch up" in them. The sets are filled
from hoppers and if one coin fed into a set is a gem there is a much higher proba-
bility that the next set will have the same gem. The orders for these sets were
filled by zip code so large numbers of gems would end up in the same area. Pro-
cedures are likely unchanged, but it does require time to find the coins and mint
set prices typically are high the first several years and then decrease as more come
on the market.

It may not be wise to wait to find the gems anymore since the number of people
looking has sky rocketed. This may help explain why very current date coins have
been extremely high priced and then tended to come down sharply when and if
more are certified. People may not want to take the chance that they'll be able to
find the coins later.