Ulysses S. Grant rolls

[Metalmole]

I recently bought a couple rolls of $1 grant rolls. Would these be worth it to sell on feebay?

thanks HH
Mole

 

[Tuberale]

If you make money, yes. If not, no. With the new fees, who can predict? Try it and see?

Seriously, see what other sellers are getting for them already. Should be a good reality check.

 

[legend76]

http://cgi.ebay.com/2011-D-ULYSSES-...02?pt=Coins_US_Individual&hash=item45fab80bee

You would think people would just get them from the bank

 

[byrne3]

It's not that easy to buy them at the bank. You can only get them within a short time of them being released. Also there is often times a waitlist, so you may need to request this in advance. Unless of course, someone has dumped them at your particular bank then you can get them.

As for that particular ebay auction, yes it does look like that seller is going to profit somewhere between $1 and $2 after ebay/paypal/shipping fees.. Question is, do you want to be selling on ebay for a few dollars profit, or do you want to do something else with your time?

There are also cases where the seller loses money. If you are doing no reserve auctions, this is very possible. As an example, I had around $1500 in ebay gift cards earlier this year (long story). Well, I ended up buying several different lots of presidential dollars. One was 6 rolls ($150) which I paid maybe $.50 over face. Another was $250 worth that I payed $7 over face (silly me). And another was $180 (these were $20 rolls) that I paid $3 or $4 UNDER face.. I also bought $180 in clad half dollars for $1 UNDER face... All the sellers of these auctions, lost money big time (in some cases more than just dumping them in coinstar and paying their 9.8%). The moral of the story, is if you're doing no reserve auctions you could lose money. If you have a high starting price, the auctions may just sit there wasting a lot of your time..

The only presidential dollars that have value are William Henry Harrison in original mint wrappers.. They sell for around 10 times face, or $250 per roll..

 

[silverfinder20]

i keep these coins excatly how they are in the rolls. I stash them away and I will eventually give them to my grandchildren to give them a motivation to collect coins. If left in Mint condition, these rolls will hold a premium decades from now. Plus as time goes on, the mintages of these presidential dollars is decreasing. You may have a president where only 20 million were made while all the others over 200 million were made. This could make that particular coin worth alot more than the others. If you have the time and money to put away I would keep them. But if you are obviously hurting for money then there is no need to keep them.

 

[Metalmole]

i keep these coins excatly how they are in the rolls. I stash them away and I will eventually give them to my grandchildren to give them a motivation to collect coins. If left in Mint condition, these rolls will hold a premium decades from now. Plus as time goes on, the mintages of these presidential dollars is decreasing. You may have a president where only 20 million were made while all the others over 200 million were made. This could make that particular coin worth alot more than the others. If you have the time and money to put away I would keep them. But if you are obviously hurting for money then there is no need to keep them.

After some thinking I have decided to put them away with the other dollar rolls I have

Thanks for the replies.