Original bank rolls and chance at score?

sinin1

Original bank rolls are out there - are there many people here that buy them and split them up into sets or something but always looking for that 1 special coin that buys the roll and a whole bunch more?

I look at some prices, and for example if I buy a roll of Franklins 1962-D for $80 - 1 coin that will go MS65 FBL will buy me a bunch more rolls (or do I have to look at 100 rolls to find that 1 good coin)?


I realized some people like doing this with dimes or nickels or pennies and original rolls are getting tougher to find - what are your thoughts?

LucyBop

its possible, but 1960s Frankies are bagmarks galore, and its very possible and likely to search hundreds of rolls and only find a handful of gems...... but at 80 dollars for a roll of 62d's, seems even a few ms64's can make your money back....

MadMonk

The market makers want you to think it's a losing proposition

JTMC

i recently picked up a full roll of mercury dimes off ebay. it wasnt an obw roll but when i opened it up my eyes bugged out. i got a good amount of 40's but alot of them were ms quality.first i was going to send some out for grading but it would cost me a fortune , then i was going to sell them seperately on ebay but then i finally ended up puting them in my set. if i want to sell its alot easier to sell as a set.i also have been picking up really CH BU penny rolls from 50's and 60's on ebay . there are good bargains out there but you have to patient and jump on them when you find them. as long as the price is right.

Colorfulcoins

Its also a matter of economics. Say I buy a roll of BU 1954D dimes for $50 knowing that a MS67 might be worth $200 and MS66's worth $20-30 (gotta remember the $16 slabbing fee as part of the cost). If I don't find anything, I sell the roll again - perhaps it sells at $40 now that its in a tube vs a OBW (Original Bank Wrap) roll. I'm out $10. So the "game" if you want to call it that is to buy original rolls (why buy a roll someone else has already gone thru) and know that if you don't find anything, you can still sell the roll and come out in a good position (only lost $5, broke even, made $10).

I use to do this with washington quarters and I made some nice coins.........but its like the old adage, you have to kiss a lot of frogs to find a prince.

FC57Coins

<< <i>I look at some prices, and for example if I buy a roll of Franklins 1962-D for $80 - 1 coin that will go MS65 FBL will buy me a bunch more rolls (or do I have to look at 100 rolls to find that 1 good coin)? >>



I would say that the likelyhood of finding an MS64FBL in a roll of typical Franklins is about 100:1, here is why. As Lucy mentioned, 60's Frankies, particularly D Mint Frankies it seems were handled by gorillas working front end loaders it seems. In addition, because mintages were starting to skyrocket, the actual quality of the coins was pretty bad overall, I've seen Frankies from this period with completely flat bells, no crack, no lines, not to mention no pass and stow. So, what have you got left? A bunch of MS60-63 coins that retail for bullion - and hence you're back into your $60-80 price range - see - there is a method to this pricing madness. Remember too that most of the stuff on Ebay HAS been looked through, I don't care who'se Aunt tillie has died with a vault full of Frankies fresh from the bank which she closed just before having a heart attack from lugging the $1000 bag up ten flights of stairs. Now, your bet bet for a score with Frankies poor over as many mint sets as you can, every once in a great while you'll run into a gem. IF per chance by some fluke you happen to run into a bonafide unsearched bankroll. And you'll recognize these because the paper around them is OLD. Then your best bet is to look at the quality of the endroll pieces. For some reason these are always the best. All the rest will go downhill from there.

Frank

MadMonk

Franks right on frankies. I've never pulled a gem out of a 60's era roll. Mint sets are tough in the later years as well. I've had better luck with old time dealers that have no respect for Frankies. can, and have got lucky for $2.50 or so. You gotta dig!