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Has any secondary market developed for Presidential Dollar rolls?

291fifth291fifth Posts: 24,866 ✭✭✭✭✭
I'm just trying to find out if I'm rich yet.
All glory is fleeting.

Comments

  • wondercoinwondercoin Posts: 17,056 ✭✭✭✭✭
    My secondary market is my group of local banks. I fill them up with my reject coins until they literally "cry Uncle'. I hear folks are bringing them sealed rolls as well.

    Wondercoin
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,717 ✭✭✭✭✭
    I'll trade you a roll of Tennessee quarters (D mint) for two rolls of Prezzies from Philly mint.
  • RWBRWB Posts: 8,082
    I'm not sure there is currently a primary market for them. Another generation, maybe...?
  • 19Lyds19Lyds Posts: 26,492 ✭✭✭✭
    Even in two, three, or four generations, I doubt there will ever be a "secondary market" much over face value.

    However, as mintages drop due to lack of public interest and a literal "GLUT" occurs in the Federal Reserve vaults, folks WILL be paying attention and those low mintage coins should garner premiums if you can find them.
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • I was working on a collection in an album.

    Ended up spending them 2 days ago. There's zero upside, and the coins are ugly, so why should I collect them?
    image
    To support LordM's European Trip, click here!
  • RYKRYK Posts: 35,800 ✭✭✭✭✭
    I am a strong buyer of these at 95% face value. image
  • BochimanBochiman Posts: 25,630 ✭✭✭✭✭


    << <i>I am a strong buyer of these at 95% face value. image >>



    Deal! How many rolls do you want? I have up to ~50 rolls. Each roll would be sold to you for 95% of face.
    Shipping and handling is extra and is $20/roll. Sorry, no combined shipping image

    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

  • MoldnutMoldnut Posts: 3,114 ✭✭✭✭


    << <i>

    << <i>I am a strong buyer of these at 95% face value. image >>



    Deal! How many rolls do you want? I have up to ~50 rolls. Each roll would be sold to you for 95% of face.
    Shipping and handling is extra and is $20/roll. Sorry, no combined shipping image >>




    image
    Derek

    EAC 6024
  • RWBRWB Posts: 8,082
    Shipping and handling is extra ...

    If they are "handled" are they still uncirculated?
  • I'm trying to complete 20 albums for give-a-ways to YN and the such...

    For back issues in the P/D bank wrapped rolls on Ebay they're asking 200% face...

    So I guess there is a market for them but I'm rethinking the whole thing...image

    My Ebay Auctions

    Currently Listed: Nothing

    Take Care, Dave
  • BochimanBochiman Posts: 25,630 ✭✭✭✭✭


    << <i>Shipping and handling is extra ...

    If they are "handled" are they still uncirculated? >>



    I only handle the original wrapper. Not the coins.
    If you want me to handle the coins, I charge an extra $5 for the extra effort.

    Now, you want some?
    image

    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

  • 19Lyds19Lyds Posts: 26,492 ✭✭✭✭


    << <i>I'm trying to complete 20 albums for give-a-ways to YN and the such...

    For back issues in the P/D bank wrapped rolls on Ebay they're asking 200% face...

    So I guess there is a market for them but I'm rethinking the whole thing...image >>



    Asking and receiving are two completely different things.
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • 19Lyds19Lyds Posts: 26,492 ✭✭✭✭
    I was going to comment that the Direct Ship program has many of these early coins but it looks like they've changed the program to only the Native American coins. None of the Presidential Dollars appears to be available by Direct Ship anymore!

    Direct Ship.

    Additionally, they've added the following:

    "The intended purpose of the Circulating $1 Coin Direct Ship Program is to make $1 Coins readily available to the public, at no additional cost, so they can be easily introduced into circulation—particularly by using them for retail transactions, vending, and mass transit. Increased circulation of $1 Coins saves the Nation money. The immediate bank deposit of $1 Coins ordered through this Program does not result in their introduction into circulation and, therefore, does not comply with the intended purpose of the Program."

    along with:

    "By clicking “Add to Cart” I agree that I understand, and will comply with, the intended purpose of the Program."

    This must be in conjunction with the recent article regarding buying these using their Frequent Flyer Credit Cards.
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    I do not even understand a primary market for these ugly examples of U.S. coinage. I thought the SBA was as ugly as things would get, wow, was I wrong. Cheers, RickO


  • << <i>

    << <i>I'm trying to complete 20 albums for give-a-ways to YN and the such...

    For back issues in the P/D bank wrapped rolls on Ebay they're asking 200% face...

    So I guess there is a market for them but I'm rethinking the whole thing...image >>



    Asking and receiving are two completely different things. >>




    That's what I thought...

    Offered three sellers time and a half on the 8 rolls I needed and was turned down by all three...



    My Ebay Auctions

    Currently Listed: Nothing

    Take Care, Dave
  • OPAOPA Posts: 17,151 ✭✭✭✭✭


    << <i> Has any secondary market developed for Presidential Dollar rolls? >>



    Yes ... but it's still growing ... and only for the US Mint wrapped rolls, some of which are fetching big bucks. ( $200 + )
    As always ... it's eBay.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • WinPitcherWinPitcher Posts: 27,726 ✭✭✭
    I was saving 6 rolls of each but it got to be too much. So I saved 2 of each (1 D 1 P) and off to the bank I went.

    Actually it was good in a way because the 800.00 I got that day would have been spent long ago being sucked

    in the checking account, you all have wives I'm sure....


    From this point forward I'm buying 3 rolls of each, 2 for my trading partner and 1 for me.


    Wish I knew earlier Denver Dave,,,,,,,,,,,,,,,,Sorry.


    PM me and tell me what Prezzs you need maybe the bank still has them. They were all heads/tails.


    Steve
    Good for you.


  • << <i>Has any secondary market developed for Presidential Dollar rolls?
    >>


    I sure hope so..I keep buyin' these suckers at a premium from the mint hopin' some day that these mint packaged rolls will bring top dollar..
    ......Larry........image


  • Just checked the Mint Site and they still have all but 3 issues still available...

    At only $35.95 a roll, or over 40% face...

    I'll never understand the mint...

    If they REALLY want people to collect and or use the $1 coins...

    How about a program of face value plus shipping...

    My Ebay Auctions

    Currently Listed: Nothing

    Take Care, Dave
  • Coinstar is always buying them, but at 8% behind face.
  • jdimmickjdimmick Posts: 9,837 ✭✭✭✭✭
    The bank gets mine and the ones I take in with collections, mint rolls, sealed rolls, loose and the works, state quarters and nickel rolls the same thing
  • pcpropcpro Posts: 139 ✭✭
    Of course there's a secondary market ......

    The secondary wholesale market for these coins is the bank @ face value. The secondary retail market is Ebay or whoever else you can get to pay more than face.

    Those paying a premium from the mint to get rolls in mint packaging are "paying for the holder" image (I've done that a few times myself) image
    An enthusiastic fan of Kennedy Halves for over 20 years. Always looking for great coins!! Email: wpflack@comcast.net
  • OPAOPA Posts: 17,151 ✭✭✭✭✭


    << <i>Just checked the Mint Site and they still have all but 3 issues still available...

    At only $35.95 a roll, or over 40% face...

    I'll never understand the mint...

    If they REALLY want people to collect and or use the $1 coins...

    How about a program of face value plus shipping... >>



    Let's see ... 12 presidential coins have been issued ...7 1/2 different rolls are still available .... that does not add up to 3 ... I'll pay you $140 for any Mint Wrapped P&D Harrison Roll Set that you have.image
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."

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