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New nickel question - bags or rolls?

LanLordLanLord Posts: 11,724 ✭✭✭✭✭
Looking at the picture posted this weekend of the new nickel makes me want them as soon as possible.

My problem is I don't know whether to buy bags or rolls, or both?

What are the drawbacks to buying in bags? How big are the bags, weight ?

Obviously one drawback is that you need to spend $160 plus shipping to get both mints, anything else?

Would the quality of coins likely be better in one versus the other? Which?

Comments

  • p8ntp8nt Posts: 2,947 ✭✭✭
    I think it depends on if you are in it for collecting or investing. I personally just collect them so I buy 2 sets of the rolls and put them away. Nothing says, however, that these can not go up in price and be sold later. As for the die stirkes, I usually find rolls have a better strike (but then again I dont open many original mint rolls) I think it all depends on how many nickels you want and what your intention with them is.

    Ben
  • My opinion is that bags have better chances of causing nicks and scratches on the coins. Once they are rolled the banging into each other pretty much stops.
    jdp
  • 7over87over8 Posts: 4,733 ✭✭✭
    I happen to think that either option is going to sell out fast.

    I am an old collector at heart (love my Morgans), but I like this design. Unlike many of the other posts here, I am willing to gamble a little and sell these things at a 50-100% profit soon after sell out. This, of course, finances my other coin purchases.

    The mint has really done us in with the shipping on the mini-bags. They now carry a $7.95 PER BAG addtl shipping charge. Yes, that's in addition to your normal $4.95 per order ship charge. So, every bag costs at least $53.90.

    I am going with the 2 roll sets. And maybe a few bags.

    Let's face it, these nickels arent as readily available at the banks as the state qtrs are.........and I've see routine sales of even bank wrapped rolls for $4+, so who wouldnt want a 100% profit ????

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