For those wondering about USMint Prez $ versus bank wrapped
Bochiman
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The latest Coinworld has some info that is interesting...
CoinWrap is a company with operations on both East and West coasts. They are the ones wrapping the bank wrapped, N.F. String and Son wrappers for these coins.
They are also the same company wrapping the rolls the USMint is selling in the USMint logo'ed wrappers (which have the mint of production on the wrapper as well as the logo).
I would guess, and I could be wrong, that if it is the same company, and just different wrappers, that it is likely they are all going to be battered around the same amount...ie, no special/reduced handling.
So, if you are buying the USMint wrappered ones, good luck on the paper sellling for extra value (it's done it before) as the coins will likely be of the same "goodness", or not.
CoinWrap is a company with operations on both East and West coasts. They are the ones wrapping the bank wrapped, N.F. String and Son wrappers for these coins.
They are also the same company wrapping the rolls the USMint is selling in the USMint logo'ed wrappers (which have the mint of production on the wrapper as well as the logo).
I would guess, and I could be wrong, that if it is the same company, and just different wrappers, that it is likely they are all going to be battered around the same amount...ie, no special/reduced handling.
So, if you are buying the USMint wrappered ones, good luck on the paper sellling for extra value (it's done it before) as the coins will likely be of the same "goodness", or not.
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
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"Senorita HepKitty"
"I want a real cool Kitty from Hepcat City, to stay in step with me" - Bill Carter
Hoard the keys.
I believe the Mint bags have a better overall condition then the rolls.
I think they pick up a few less nicks being poured into bags vs. going through a coin rolling machine.
I'm not a big fan of a coin that doesn't display its date or mintmark proudly...
I don't know what coins some of you are getting, the ones I'm getting are nice.
Steve
<< <i>In spite of that people will still probably pay more for the US Mint labeled rolls.... >>
The U.S. Mint rolls are referred to as First Wrap™.
$10.95 for the wrapper
$ 4.95 S&H for the coins, but they're the same coins.
I can take the bus to the bank and back home for $2.50 and buy a $25 roll at the bank for face value.
This is a savings of $13.40. Does anyone need my calculator ?
Wonder no more !
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<< <i>In spite of that people will still probably pay more for the US Mint labeled rolls.... >>
Yep! It all depends on how readily available the mint label rolls are too. Remember the Peace Medal Jeffersons? Folks were paying over $100 for the $8.95 two roll set!
Not only that but some folks just want to collect these roll sets. I suppose others entertain the thought that they contain better coins but I personally know better! I've always had better luck with bank rolls.
The name is LEE!
Box of 20
``https://ebay.us/m/KxolR5
<< <i>In spite of that people will still probably pay more for the US Mint labeled rolls.... >>
Of course they will, because five years from now you go to sell your Washington rolls. Which one will you get the better offer on? The Mint roll that identifies the contents by date and mint, or the anonymous roll which may contain anything and whose mint of origin is unknown?
It has nothing to do with the quality of the contents, it is the holder that counts.
San Diego, CA
<< <i>how many times does twenty five go into three hundred million ? >>
12 million
<< <i>The Mint roll that identifies the contents by date and mint, or the anonymous roll which may contain anything and whose mint of origin is unknown? >>
The bank wrapped rolls state right on the side in bold black lettering, "George Washington". That gives you a pretty good idea as to the contents.
Most people will be more interested in the president on the coin and not the actual date he was minted on the coin. Like collecting the quarters by State people will be collecting these dollars by president.
The Mint rolls will likely sell for more money than these OBW rolls because as others have stated, the Mint wrapping is collectable to many. I'm pretty sure most people that buy the Mint wrapped rolls do not tear through them looking for gems to submit for grading they leave them as they are.
And, the condition of the coins in the Mint wrapped rolls is no different than the coins in bank wrapped rolls. This I have noticed for all denominations offered by the Mint.
<< <i>Will the mint identify which mint they are from on their rolls? Bank rolls don't right now but I can see that changing in the future. >>
Yes, the mint wrapper does identify whether they are "P" or "D" mintages. The bank rolls won't. They don't care which mint they are from as they are for commerce, right?
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
<< <i>The bank wrapped rolls state right on the side in bold black lettering, "George Washington". That gives you a pretty good idea as to the contents. >>
Well the paper is generic, so five years from now I get a roll of dollars that happens to have a Washington on each end. Take a rubber stamp and print George Washington on the side. What's in the roll? Or lets say I just have a roll I got from the local bank here last week. Can you tell me what is in the roll? Come on which mint do I have?
San Diego, CA