Options
UPDATE: I'm thinking about cutting back a bit......
DBSTrader2
Posts: 3,459 ✭✭✭✭
When they first came out, it was an interesting idea for me to go to the bank or the Fed window with a fellow employee or two, and get 3 rolls of each state quarter - - 1 for each of my sons to keep intact, and a last one to crack open to fill all folders & trade for singles of the other mintmark. I worked downtown, the walk was healthy, and the quarters were widely available.
Over time, I started working from home, we were way too busy to walk at lunch anyway, and rolls of each state (and especially territory) became scarcer & scarcer. But I managed to either find at banks or trade for/buy the remaining rolls we had missed out on over the 11-year run.
So now, each son has a complete set of 56 (corrected) state quarter OBR's (P or D... didn't matter). But they're bulky to move from where they're stored once the boys go out on their own, and nothing really to look at from an aesthetic sense. It was a challenge collecting them, and I did have to pay extra to obtain some of the scarcer rolls, but now I'm wondering if they're really worth holding onto....
One side says they're already in-hand, so why get rid of them, especially if they'd be hard to sell/ship to ever recapture my investment. The other side says they're not the special Mint-issued rolls, and most are not likely to appreciate much over face anyway, even if I did find a buyer, so why not just cash them in to give the kids the money or use to buy something else, like ASE's, for them.
What are everyone's thoughts? Should they stay, or should they go?
Thanks!
- - Dave
Over time, I started working from home, we were way too busy to walk at lunch anyway, and rolls of each state (and especially territory) became scarcer & scarcer. But I managed to either find at banks or trade for/buy the remaining rolls we had missed out on over the 11-year run.
So now, each son has a complete set of 56 (corrected) state quarter OBR's (P or D... didn't matter). But they're bulky to move from where they're stored once the boys go out on their own, and nothing really to look at from an aesthetic sense. It was a challenge collecting them, and I did have to pay extra to obtain some of the scarcer rolls, but now I'm wondering if they're really worth holding onto....
One side says they're already in-hand, so why get rid of them, especially if they'd be hard to sell/ship to ever recapture my investment. The other side says they're not the special Mint-issued rolls, and most are not likely to appreciate much over face anyway, even if I did find a buyer, so why not just cash them in to give the kids the money or use to buy something else, like ASE's, for them.
What are everyone's thoughts? Should they stay, or should they go?
Thanks!
- - Dave
0
Comments
I figure whatever excess I have sunk into some of the harder-to-find rolls (like GA?) are "lost", unless they still hold such premiums - - do they? - - and I could find someone to buy them from me after all S&H, etc..... Or if anyone at the local coin show would give me a better deal than just turning them into the bank.
And I've always liked the ASE's, just not their premium. I guess I could also go after my other love - - Morgans, Peace, & Walkers. Over time, they SHOULD do better than the quarters......
But might it still make sense just to hold onto the quarters a little longer to see where they go (since they're always spendable)? Or has their time come & gone?
Thx!
HH
1947-P & D; 1948-D; 1949-P & S; 1950-D & S; and 1952-S.
Any help locating any of these OBW rolls would be gratefully appreciated!
As a small-time collector, the only show I ever attend is the monthly local show, which never has any of the "big-boys" there. I suppose I could go to the show one month and ask some of the dealers there who offer similar rolls what they'd pay for what I have (entire collection, or selected rolls), and either bring those to the next month's show, or bring them to their shop.....
Thx!
- - Dave
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
Hoard the keys.
Can anyone point me towards:
(1) a good website that lists current buy/sell prices for OBW (vs Mint-packaged) rolls for a good idea which states/mints carry any premium, and
(2) a good website detailing (with pics) all varieties and values?
Thanks in advance!
- - Dave
(also welcoming any serious offers!)
<< <i>Still debating what to do with my State/Territory Quarter rolls ................
Can anyone point me towards:
(1) a good website that lists current buy/sell prices for OBW (vs Mint-packaged) rolls for a good idea which states/mints carry any premium, and
(2) a good website detailing (with pics) all varieties and values?
Thanks in advance!
- - Dave
(also welcoming any serious offers!) >>
How much time before the local show.? I'm not in the right frame of mind to work up an offer today, but maybe next saturday. It won't pretty as many rolls sell near face.
As you indicated, I'm sure many rolls are going near face. Unless I wanted to take the time to open and sell coins individually (and slowly) on eBay, any premium I'd make on the more desired rolls could be eaten-up by shipping costs if not hand-delivered locally, and most any offer made would have to consider the impact of shipping as well.... so I'm not figuring on selling any of the rolls anytime soon.....
Add to the fact that this will have to be an "all-or-nothing" decision....... once I open or sell one item/roll, it'll no longer be a full collection left to sell or hold onto.... this will make my pulling the trigger harder.
Of course, I guess I can look for (although quite likely won't find) a local dealer/collector who would accept rolls (at a premium) in exchange for Morgans/Peace/Walkers I still need......
Inertia is a wonderful thing!!
https://sites.google.com/view/coins-for-sale/home
until grandkid number four appeared!). About 8 years into it my storage was really shrunk by these rolls. I bailed
and offered them to my local B&M who said they wanted some of them. They bailed and I ended up checking
the few rolls that I knew might have errors (Minn, Wisc, etc) and did not get lucky at all. So, ended up spending
the whole accumulation.
Grandkids will now get money instead.
bob
My time (while almost unlimited, due to "retirement") is also limited by my vision issues, which makes staring at coins (especially with glare off lights) hard to take for long, and has resulted in less pleasure than before in looking thru coins, unfortunately. It also makes runs for supplies (folders) or the Post Office less frequent/easy as well.
And from what I'm seeing with postal rates, shipping completed folders would be expensive as well, and maybe not do-able on a large scale for me, nor attractively priced for potential customers. Seems like many people have had their fill of the series.....
With all that, after all is said & done, I'm thinking I might do better locally at a show with some of the more valuable rolls or ones with potential errors/varieties, especially if I offer the rolls as 2 complete sets.
Like I said, "inertia is a wonderful thing!"
Well, it all "depends".
In honor of the memory of Cpl. Michael E. Thompson
I pulled out ~$1000 in SHQ rolls from the bank (unopened) and will likely put them through the counting machine in the coming few weeks. Cat had medical emergency of ~$4000+ in the last 2 months so I decided to use those to pay for it as they have been sitting there and nothing will happen with them. I was going to leave them for my son, many years down the road, as something that may be fun for him or his kids, but at the end of the day, I decided to make a different choice.
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
Thread made me look at a few things more and I think I will pare down the presidential dollar tokens as well. Another grand or so tied up in those.
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
BHNC #203