Bank Find Question

atarian · October 24, 2008 1:05PM

I went to the bank today for change ( since my store doesnt remember to do a change order) and the tell who i talk to alot ( kinda like) had a few oddities for me she was holding for a few weeks. 1st was 9 $1 1971 Ikes, some with blue redish tone , nothing really high end maybe AU . And also 2 boxes of 2005 Nickels the silver boxes say 500 Five Hundred Nickels of the United States of America Uncirculated. Both are from the Phili. Mint. The bottom says " World Reserve Monetary Exchange" with a phonte number . She said the guy who bought them paid 100.00 a box but needed to cash them in so he can pay bills. The Rolls are unopened and seem like how they were when bought. I paid $25.00 ea ( face value) Is there any value to these or are they just Mint items that hold no real value over Face.

coppercoins · October 24, 2008 1:10PM

Sounds like you bought a bunch of coins worth not much over face, but a very modest profit can be made if sold. ANY modern BU roll outside the statehood quarters is a disappearing scarcity and could be worth decent money some day. If you don't believe me, just look at BU roll bid for dates in the mid-1980s...where some quarter rolls are worth $300, and some cent rolls are worth in excess of $25.

The question is, how many days will it take for these to have value that exceeds the trouble of storing them? The golden question without a correct answer.

barbershopper · October 24, 2008 1:58PM

Just another quick profit co. that puts full page ads in my newspaper.
Makes for fun reading once.
Sorry, but to me, they're worth face.
JET

PCcoins · October 24, 2008 2:59PM

Just plain oh Face value, gotta love it!

atarian · October 24, 2008 3:32PM

Well thats ok with me, cost me face to get em. Ill store them for a good number of years and sell them for face + next to nothing profit. Good enough guys, thanks again.

sumdunce · October 24, 2008 4:46PM

Were those Ikes from the Denver mint?

S

atarian · October 24, 2008 4:55PM

I forgot them in my mailbox at work. 6 Ps and I think 3 Ds

sumdunce · October 25, 2008 12:24AM

The 1971-D can have a few different varieties, check the mintmarks to see if you got a few from Denver.

One of the most notable is the Friendly Eagle Variety.

For examples of what to look for go to The Ike Group.

V/R

Sumdunce

19Lyds · October 25, 2008 1:32AM

I'd be interested in seeing pictures of those nickel rolls if you don;t mind.

I'm fully aware that those scoundrels at "World Reserve Monetary Exchange" have been drilling folks with their "Golden Presidential Dollar" offerings at better than $2.00 per coin but was unaware of the 2005 Nickel offerings.

Bank Find Question

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