What to do?

[conleytheking]

I bought these 3 rolls from a bank. Each a different state..
Each roll has the mint, and state on the paper...and say they are from the mint..
They said some one came in and cashed in a roll for each state...but they still have about 35 of the states left.
Should I go buy the rest? And money to be made here...
Any input would be great!

 

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[old digger]

You might want to, some state quarters in rolls are more collectable. Example: Oklahoma rolls that are still intact are worth more.

 

[santafeboy]

The wrappers are nice you might try putting them on craigslist try $15 a roll? Worst case scenario they are still worth what you paid for them

 

[Argentium]

Conley, I don't see a downside if you are getting them at face value ! I haven't checked
ebay to see what the traffic is like on these yet- but I don't see how you can lose at FV.
Argentium.

 

[Rascal]

Save the West Virginia's intact. You can probably get double face for that one once word gets out you have an unopened roll of Boy Scout quarters.

Rascal

 

[Diver_Down]

Get them all. In mint wrapped rolls, they all carry a premium based on the current Greysheet. Some carry more of premium over others.

I would get them all. Research the rolls bid price on the Greysheet. Set your auction price slightly lower than the bid and let the market set the price upwards.

 

[Dozer D]

Don't open them, but keep them intact. They are BU solid rolls and command a higher value, try to get the other rolls if you can, providing you can spare the cash outlay.

Nice find anyway.

 

[quiksilver]

The shows sell them for a profit

 

[conleytheking]

I called a local coin shop and they said they will give $11 a roll...So i can atleast make like 35 quick bucks... lol

 

[jarlbartar]

Heck, I 'll buy them from you if you want. Just stick them in the back of the vault for another day...

 

[Diver_Down]

I called a local coin shop and they said they will give $11 a roll...So i can atleast make like 35 quick bucks... lol

I absolutely would not sell them to a local coin dealer until you are educated on their value. Some rolls barely carry a premium ($11/roll). Yet, others will easily be worth double. Difficult to negotiate from a position when you don't have the knowledge. Better to go in armed with knowledge and negotiate a trade instead of a flat sale.