Buying Uncirculated Rolls of Morgan Dollars

Chessman

I was speaking with a dealer who was selling a better date roll of Morgan dollars for around Greysheet bid, which is currently $900. Is this fair? Also is there a way to tell it is really original and not a bunch of low end sliders? Someone said if you look at the edges of the coins they should line up or have a similar toning sync..

lcoopie

can you look at them?

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3keepSECRETif2rDEAD

<< <i>I started looking at the roll carefully, and he said he was afraid of marks being added; what I looked at looked MS62 or so. >>



What is the coin (date & mm) worth in MS60 x 20 units? If its equal or more than $900... I say go for it

Erik

Wabbit2313

So many times folks think that they will get a great roll of 65 or 66 coins. There is no way to prove anything about where they came from, and do you really think that when someone rolled them, even a long time ago, they didn't pull out the nice ones?

Spend the same amount of money and buy yourself a graded 67. It sure beats 20 graded 62's at 25 bucks a pop grading fees to boot!

kimber45ACP

<< <i>Spend the same amount of money and buy yourself a graded 67. It sure beats 20 graded 62's at 25 bucks a pop grading fees to boot! >>

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ricko

Buying these rolls subject you to worse odds than roulette in Vegas..... or, for that matter, slot machines....Cheers, RickO

AMRC

Original rolls can be identified by looking at coins to see if they have close to the same look, luster, strike and other diagnostics. Most of the rolls sold as UNC have been well picked through and are what I call "made" rolls.

njcoincrank

A lot of "original" rolls have found they way into clear plastic tubes. By looking at the rims to see it the are somewhat matched a person can get a feeling of just how original there are. Mis-matched rims equals put together rolls. By doing this you can tell immediately whether you should ask to take them out of the roll.

njcc

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morgansforever

What is an original roll? Morgans were stored in bags and weren't rolled to the best of my knowledge, till mid 20th century. I guess a roll that was rolled by a banking institution decades ago would be considered original. The term is used widely on Ebay, you know the rest of the story.

Wabbit2313

<< <i>Thanks. So if they are real uncs. around $800 looks like the right price point if you can buy them at that. I know real uncs. can be hard to find in the better dates, too many sliders out there, or the critical analysis; "...looks like a little bit of rub on the eagle's wing and other high points". >>



Not trying to be mean, but it doesn't matter if it is a slider or MS62 in this date. $40 per coin + grading and shipping = $65 per coin. Would you pay that for common date AU58 thru MS62 coins? If yes, PM me, have I got a deal for you!!!

SaorAlba

<< <i>A lot of "original" rolls have found they way into clear plastic tubes. By looking at the rims to see it the are somewhat matched a person can get a feeling of just how original there are. Mis-matched rims equals put together rolls. By doing this you can tell immediately whether you should ask to take them out of the roll.

njcc >>



But a caution that the end coin will still tone - I bought a roll of 1881-S coins about 20 years ago and the end coin ended up toning - even in the SDB with desiccant packets in it.

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robertpr

I just cringe when I hear "original roll" but the coins aren't wrapped in a paper wrapper. Oh, it's an "original roll"? Then why can I look at all of the individual coins? You haven't done so? Well, I guess I'll take your word for it, then.

Cougar1978

I have seen a number of these at shows and found many AU sliders and low end Uncs in them. Not saying yours is trash, but my experience is a lot of dollar rolls promoted as unc aren't for many of the pieces. Don't get sucked into a deal where they have been picked over bc the really trash pieces you can't sell will drag you down.

I once had ten rolls of Morgan Dollars I had picked up at a really good price which had been in a SDB for decades. I picked out the good ones MS 63 and higher and sent to TPG and the rest rolled back up and stored them for when silver went up. Eventually I retailed all of them, made a ton of money on them too. These rolls can be the same kind of suckers game people fall for with the unopened proof sets.

Kaline6

If you can't see what you're buying, it's a pig in a poke. Mama knew better, Granny knew better, and Great-Grandma knew better.