ROLL-ING IN COINS
Collecting individual coins can be a great deal of fun as well as being profitable. Another important part of your collection should be purchasing coins and rolls. You can purchase coins and rolls of 12, 25, 40 , and 50.
Coins in their original rolls tend to remain in very good condition. They frequently exhibit fewer scratches and gouges, as opposed to coins that come from mint bags. Buying coins in rolls is a convenient and economical way to add to your collection.
Opening an old roll of coins is kind of like opening a present. It is kind of exciting to tear open a roll, and examine the condition of the coins inside. You can sometimes determine the condition of the coins before opening the roll by examining the exposed coins on either end.
You can purchase old rolls of coins from many sources for reasonable prices. You’ll also notice a discount on a per coin price as opposed to buying the coins individually. At that point can keep or resell the roll, or open the roll and silver coins individually. There is often very good upside potential in using this method.
Some people prefer the buy and hold method. You can purchase a new rule of coins directly from your bank at face value. Or you can buy a relatively new role of coins from a dealer for a small premium. You may like to purchase these rolls and simply store them away until a future date.
Almost without fail we can expect to see appreciation on a roll coins. Remember they will always be worth the face value and possibly a lot more. As an example here a few recent rolls of coins along with their face value price and the current PC GS estimated value.
1979 –d state quarter: initial worth- $.25 value today $7
1964 Kennedy half: initial worth- $.50 value today $12
2007- P Washington initial worth- $1.00 value today $8
As you can see each of these coins is worth significantly more today than it was when minted not too many years ago. Older rolled coins that remain unopened can be worth much more.
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Thanks…… Carl C.
COIN SHOP LIQUIDATORS- RARE COIN REVIEW 