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What do I do - Prezzy rolls

shorecollshorecoll Posts: 5,447 ✭✭✭✭✭
I've asked this before, but I'll ask slightly differently.

My father-in-law gave me the 1st 16 rolls of Prezzy bucks. NF String bank-wrapped rolls from BofA in MD.

OK, I open them up check for MELs, then...?

I don't do moderns so...do I look for any that don't have ANY lintmarks, no serious dings, what?

Are any of these worth slabbing if they are reasonably nice, say 65 or 66?

Or if they aren't MELs, just roll them back up and take them to the bank?

What process would you go through to judge if they are "good enough" to keep as modern widgets?

Thanks for any and all input. image
ANA-LM, NBS, EAC

Comments

  • lasvegasteddylasvegasteddy Posts: 10,408 ✭✭✭
    my input would only be biased as i don't do prezzy bucks...at all
    yet i laff at myself
    as that one member here made like a million dollar you suck for doing so

    but yeah
    i'd just take them to the bank and be done with um...my biased self says image
    everything in life is but merely on loan to us by our appreciation....lose your appreciation and see


  • LindeDadLindeDad Posts: 18,766 ✭✭✭✭✭
    I buy Lotto tickets and hope to get lucky. image
    Just put five in my pocket for the next trip to the market.
  • telephoto1telephoto1 Posts: 4,948 ✭✭✭✭✭
    What process would you go through to judge if they are "good enough" to keep as modern widgets?

    I would look at them, realize they're Presidential dollars, recoil in horror and go immediately to the nearest bank branch. image

    RIP Mom- 1932-2012
  • BarndogBarndog Posts: 20,510 ✭✭✭✭✭
    the practice ball dispenser at the local golf range accepts Sac and Prez dollars, so when the snow melts, that is what I would do
  • DeepCoinDeepCoin Posts: 2,781 ✭✭✭
    Back to the bank, unless you keep one of each in a folder as a matter of respect for the giver
    Retired United States Mint guy, now working on an Everyman Type Set.
  • BaleyBaley Posts: 22,663 ✭✭✭✭✭
    I'll tell you what I did when these were available from banks: I bought two rolls of each president (D mint since I'm on the west coast) and saved one of the rolls intact, a heads/tails roll if possible. I opened the other roll and sorted them by condition saving the best two to four, depending on how relatively nice they were, and any with missing or weak edge lettering (there were some for some issues, none for others) then spent the rest a couple at a time here and there around town. For a while an east coast forum member and I would send each other one of the nice coins to exchange P for D, as well as the occasional state quarter, but stopped when the coins became available from mint only.

    So I've got a decent set started at a cost of face value in a blue whitman, but refuse to pay more than that for these so will maybe someday collect the rest from circulation or whatever

    Liberty: Parent of Science & Industry

  • BodinBodin Posts: 1,022 ✭✭✭
    I'll give you my advice since I seem to be the only one who likes the series.
    Look them all over very carefully. Look for any differences since so few DDOs and DDRs have been discovered yet.
    Then take any that you think would be MS67 for 2007-2010 or MS68 for 2011-2014 and compare to other MS67-68s on coinfacts or other sold auctions.
    If it there isn't an IMMEDIATE reaction of "my coin compares", then it is not worth slabbing. If you are not sure, then your coin is probably not a good enough specimen.
  • ianrussellianrussell Posts: 2,496 ✭✭✭✭✭
    Definitely check for missing edge lettering just in case, but unlikely will be in rolls. Then bank.

    The ultra high end 67/68 grades are very difficult to grade.

    - Ian
    Ian Russell
    Owner/Founder GreatCollections
    GreatCollections Coin Auctions - Certified Coin Auctions Every Week - Rare Coins & Coin Values
  • erwindocerwindoc Posts: 5,262 ✭✭✭✭✭
    Id keep the best 1-2 for an album set if it was me and return the rest.
  • cladkingcladking Posts: 28,703 ✭✭✭✭✭
    I'm not sure I'd be in a hurry to get rid of them quite yet. It can take a little time
    for poor savings rates to be seen. If you must then just save the nice gemmy coins
    (especially '05-'11).

    I seriously doubt any coin made for circulation since 1998 in this country will be very
    tough in MS-60. A few dimes might surprise people and some well made coins from
    the satin finish era but this about it. Of course demand for some of these coins might
    be pretty high as well.

    I'd lean toward spending most of them and especially popular presidents.
    Tempus fugit.
  • TookybanditTookybandit Posts: 3,414 ✭✭✭✭
    Search them and then take them to the bank.
  • FullStrikeFullStrike Posts: 4,353 ✭✭✭
    Keep them in a safe place. In the future they will fund your retirement.

    And NO there aren't 1,320,652 others hoarding these rolls , just like you . So don't be discouraged that
    possibly there is a huge hoard of $2,000,000,000 in rolls hanging over the market.

    I believe there are actually only 1,320,650 others hoarding rolls of the Presidential Dollars. And the face
    value hanging over the market is only about $1,999,999,025 by now. In 40 years I believe that will certainly
    drop down to $1,999,990,050 - hang in there. You will win in the end.
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    Spend them....Cheers, RickO
  • tahoe98tahoe98 Posts: 11,388 ✭✭✭

    ...things went very sour for me when the mint started charging for the prez bucks. It was much more interesting to me to be able to get them for face value at the banks. image
    "government is not reason, it is not eloquence-it is a force! like fire, it is a dangerous servant and a fearful master; never for a moment should it be left to irresponsible action." George Washington

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