DISQUS

Consumerism Commentary: How to Make Money With John Adams Presidential Dollar Coins

  • Sun · 2 years ago
    I got a roll yesterday from my local bank Not that I want to sell them. I collect coins and have got coins from nearly 1000 countries so far. These new dollar coins will also make a nice gift when we go back to China next year.
  • Jonathan · 2 years ago
    This reminds me of baseball cards. Now that everyone seems to be hoarding and aware of possible profit, I don't know if these will appreciate that much anymore.

    My baseball card collection is trailing inflation by a lot :)
  • Flexo · 2 years ago
    Jonathan: I agree. After a point, you couldn't buy and hold newer cards and hope for income down the road just because everything was so common. The printers went so far as to (allegedly) slip errors into production to boost demand. R

    emember when there were at least 4 major card printers? Topps, Fleer, Donruss, Score, and Upper Deck just to name a few I remember from the late 80s. I think this turned people off to card collecting -- so perhaps some of those cards printed during the "down" period of collecting will eventually have value... But there are other variables, too.
  • Hamburger Flipper · 2 years ago
    If Ihad 6 rolls ($150 face) I'd sell 2 or 3 rolls now for a quick profit and hold the rest for possible (modest) appreciation.

    With any new coin "series" which stimulates collector interest, there are always laggards who come late to the party.

    Some of the "early" (1999, 2000) state quarters in roll quantities are selling at respectable premiums. Five or ten years from now, the Adams coins may well be in a similar position
  • Jonathan · 2 years ago
    Yup, I remember distinctly when the first Leaf cards came out. $1.50 a pack? No way was I going to pay that. Instead I bought the over-produced Donruss cards, which are worth less than dirt now (and probably resealed wax packs).

    The problem with baseball cards was always that the bid/ask spread was like 50%! Anyhow, good memories.

    Honestly, I know next to nothing about coin collecting myself. Did those state quarters appreciate faster than inflation?
  • Patrick · 2 years ago
    This is an interesting read. But, I'm not going to buy any of these coins myself. I collected coins as a kid, and now I save one or two (small denomination) coins from every country I travel to.

    Remember the Wisconsin quarter a couple years back? I had a friend sell 5 of them on eBay for about $1200. I don't think they are worth very much now... :)

    I collected baseball cards back in the day too. I still buy a pack every now and then, not for profit, mostly for nostalgia and to see how the new cards look. It's fun. :)
  • Flexo · 2 years ago
    Patrick: There are some varieties of the Wisconsin quarter that are still fetching a large premium (Extra Leaf High and Extra Leaf Low). I'm not sure if it's as much as $1,200, but it could be for certified coins. I'll have to check eBay when I get a chance.
  • Ben · 2 years ago
    I've opened and gone through one roll so far, no errors yet. I don't know exactly what I'm looking for but the list of known errors on About.com has helped.
  • Adam Nash · 2 years ago
    I've been selling Presidential Dollar Coin rolls on eBay since March. There is a modest profit in it, but nothing significant after eBay & PayPal fees.

    Since almost anyone can get these, the eBay market quickly and efficiently brings the price down to almost break-even.

    I'd tell the person with $150 of rolls to not even bother! Personally sold about $2500 worth of George Washington dollars for a profit of a few hundred dollars, but that is because I used my own blog to drive traffic and get fee refunds from eBay.
  • BOB · 2 years ago
    i THINK INVESTING IN SILVER IS A SMART MOVE. IT HAS GONE UP VERY NICELY IN THE LAST FEW YEARS, WAY BETTER THAN THE STOCK MARKET AVERAGES AND THE LITTLE GUY CAN BUY EASILY. GOOD BET...
  • joe · 2 years ago
    Is there any way to tell the mint (P or D) without busting the roll?
  • Laura · 1 year ago
    I was raking my lawn today and found a coin so i picked it up it had john adams on it and it has the double lettering. It turned brown in color as i dont know how long it has been out in the yard through all the weather conditions but it is one of the error coins. would it still be worth money? I have checked out a few sites and stores are offering for the public to buy these error coins for up to 700.00.