Is anyone on the east coast making a killing selling bank boxes of Washington Dollars?

joefro · March 9, 2007 5:33AM

I bet there are a lot of folks on the west coast who would love a stab at getting some godless dollars. Ive always made good money selling boxes of the monticello nickels and state quarters to people on the other side of the country. With all of the Washington dollar hype, I bet you could get a nice profit selling sealed bank boxes of P-dollars on eBay right now. Then again, it might be considerably harder to get your hands on unopened boxes right now. Just curious if anyone else is doing this since I cant over here in New Mexico.

cohocorp · March 9, 2007 5:57AM

i am in south jersey and no banks have boxes and they all say that they will not and can not get any boxes.

Hugegut · March 9, 2007 6:38AM

tizofthe · March 9, 2007 6:51AM

I can get them...both P and D. I have the D and waiting for the P

joefro · March 9, 2007 6:53AM

I guess its all about finding the right bank. When I was selling 20 Monticello boxes a week I would try to go into Wells Fargo or other large national bank thinking I would have better chances of getting/ordering quantity boxes and they were basically jerks to me since I didn't have an account with them. However, my little federal credit union (where I bank) never gave me any hassles about ordering 20 boxes a week. They said I could order anything I wanted, I just had to wait a week for it to come in. So every week I would pick up my boxes and place another order for the next week.

However, I could see how there would be such a run on these Washingtons that they are getting 100 people a day asking for boxes of them and they might just be getting sick of it. Due to the error and all of the publicity it is receiving, I could even see how there would be more demand then supply at this point and some banks might not be willing to order them for you.

Has anyone been selling unopened boxes? I see rolls on eBay but Im curious about an entire box. If so... what % profit are you seeing on this "risk free" investment?

grabba · March 9, 2007 6:57AM

<< I guess its all about finding the right bank. When I was selling 20 Monticello boxes a week I would try to go into Wells Fargo or other large national bank thinking I would have better chances of getting/ordering quantity boxes and they were basically jerks to me since I didn't have an account with them. However, my little federal credit union (where I bank) never gave me any hassles about ordering 20 boxes a week. They said I could order anything I wanted, I just had to wait a week for it to come in. So every week I would pick up my boxes and place another order for the next week.

However, I could see how there would be such a run on these Washingtons that they are getting 100 people a day asking for boxes of them and they might just be getting sick of it. Due to the error and all of the publicity it is receiving, I could even see how there would be more demand then supply at this point and some banks might not be willing to order them for you.

Has anyone been selling unopened boxes? I see rolls on eBay but Im curious about an entire box. If so... what % profit are you seeing on this "risk free" investment? >>

I have seen a couple of boxes sell and they are doubling their money and sometimes a little more.

joefro · March 9, 2007 7:01AM

Nice way to make a quick $1000. Imagine if you had the money to drop and picked up 10 boxes from a bank. You'd be sitting pretty.

grabba · March 9, 2007 7:15AM

<< Nice way to make a quick $1000. Imagine if you had the money to drop and picked up 10 boxes from a bank. You'd be sitting pretty.

>>

Yesterday was the ideal day to be sitting on a brick of dollars.

fastrudy · March 9, 2007 7:17AM

My bank is limiting GW dollars to 2 Boxes/account/week

joefro · March 9, 2007 7:31AM

Geez. Maybe this way would be better. Thats quite a gamble. Not to mention people are selling rolls BIN for way cheaper. Are some people too lazy to look?

VicDaewoo · March 9, 2007 8:55AM

my bank had zero rolls, all gone

Russ · March 9, 2007 9:00AM

When I was doing my deposits today I decided to grab a couple rolls just for the hell of it. Guess what I found in both rolls?

Russ, NCNE

Bochiman · March 9, 2007 9:01AM

Coins worth a buck each?

mach19 · March 9, 2007 9:08AM

<< When I was doing my deposits today I decided to grab a couple rolls just for the hell of it. Guess what I found in both rolls?

I hope you don't get a you suck

Russ, NCNE >>

Russ · March 9, 2007 9:09AM

<< Coins worth a buck each? >>

Yep. A bunch are jangling around in my pocket.

Russ, NCNE

WinPitcher · March 9, 2007 9:13AM

Geez. Maybe this way would be better. Thats quite a gamble. Not to mention people are selling rolls BIN for way cheaper. Are some people too lazy to look?

Either that or he has a shill working for him.

Steve

Goldbully · March 9, 2007 9:13AM

<< Geez. Maybe this way would be better. Thats quite a gamble. Not to mention people are selling rolls BIN for way cheaper. Are some people too lazy to look? >>

How can this seller do this???

Let alone, the bidders must be devoid of any coin knowledge!!!!

"You are bidding on one unopened roll of 25 uncirculated one dollar coins. Face Value is $25.
2007 P George Washington Uncirculated Presidential Dollars.
This is a heads/heads roll."

Heads/heads roll???????????????????

Bochiman · March 9, 2007 9:15AM

<< 

<< Coins worth a buck each? >>

Yep. A bunch are jangling around in my pocket.

Russ, NCNE >>

Shoulda kept them in the rolls then, instead of opening them

Russ · March 9, 2007 9:16AM

<< How can this seller do this??? >>

The seller is lame? Why? He listed a roll with no hype, no mention of possible errors. There is nothing lame about the seller.

Russ, NCNE

Bochiman · March 9, 2007 9:18AM

<< 

<< Geez. Maybe this way would be better. Thats quite a gamble. Not to mention people are selling rolls BIN for way cheaper. Are some people too lazy to look? >>

How can this seller do this???

Let alone, the bidders must be devoid of any coin knowledge!!!!

"You are bidding on one unopened roll of 25 uncirculated one dollar coins. Face Value is $25.
2007 P George Washington Uncirculated Presidential Dollars.
This is a heads/heads roll."

Heads/heads roll???????????????????

>>

I looked at the auction...I didn't see any "plain edge" hype. Nothing. Looked clean.
It's the bidders who are doing their own damage.

Goldbully · March 9, 2007 9:19AM

<< 

<< How can this seller do this??? >>

The seller is lame? Why? He listed a roll with no hype, no mention of possible errors. There is nothing lame about the seller.

Russ, NCNE >>

I just get frustrated when I see people falling for such "scams"!!!!

You are most correct....the auction is honest and clear.

Russ, what does he mean by head/head roll???

Thanks in advance.

Russ · March 9, 2007 9:19AM

<< Russ, what does he mean by head/head roll??? >>

It means the obverse is facing out on each end.

Russ, NCNE

pf70collector · March 9, 2007 12:15PM

I could see it bid that high if it was from Jacksonville, FL. Perhaps the bidders know that some plain edges have been found in Indiana

Longacre · March 9, 2007 12:33PM

I just can't get excited about these...

Is anyone on the east coast making a killing selling bank boxes of Washington Dollars?

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