BU memorial rolls.

[supaplums]

A friend of mine had a death in the family and has inherited a bunch of memorial rolls. He has about 1150 BU rolled 1980, 500 1981 d, 6000 1981, and 12000 1982 LD copper. Are these worth looking thru? I'm looking thru the 1980 batch for the popular doubled die but have found nothing. Anything good in the other dates I've listed? Please let me know what you think.

Mark

[gription]

yeah the 80 ddo is about it

or maybe cherrypick the 81's for MS67+'s

but once you crack open an original bank roll they lose value, if that's what they are


i'd be happy with all that semi-precious copper


nice avatar

[Bob P]

Mark,
There are also two 1982 larger date copper DDO's. Other than what you are already looking for, there isn't too much going on for those dates.

[gription]

oh yeah

[supaplums]

Well that's kinda what everyone has been saying. I wonder if they would sell for a minor premium on ebay or something? What do you think an original BU shotgun of these dates is worth. $.75-$1.00 per roll?

[eagames]

When searching rolls do you look at the listings on the site? It helps especialy for solid date rolls.

http://coppercoins.com/lincoln/date.php

[supaplums]

Really cool! thanks.
After having a look at some of the years it made me remember when I was 9 years old in 1983 and our little town had the biggest rush for pennies I'd ever seen. I come from Lewistown PA in the center of the state and the big news was that a small bank in our town had somehow gotten about 2 mint bags of 1983 DDRs! The whole town was searching and going nuts. Out of town dealers set up shop in our Holiday Inn for weeks. One coin dealer in town told me that a young kid came to his store with two full BU rolls of them and was paid $4000 cash! Years and years later I saw a small note in Coin World's "Collectors Clearinghouse" that said that ALL the heavy 1983 DDRs were delivered to my little town. How cool is that (if it's true). That town is still probably the best place to find one in change. I should go knocking on doors to find people that have been saving pennies for years asking to look thru their coins. Sorry about the long rambling.

Mark

[gription]

good read

[eagames]

Good story.

The way the mint works they run many presses and they dump into bins so each bin will be a mix of several dies. Depending on the year maybe a dozen or more. Those bags will mostly ship in a certain month and can go to a lucky area. When a big doubled die is in the mix people start going after bags of that month. Try looking at some of your OBW rolls and go through one roll splitting them with die markers, when you're done you can see exactly how many different dies were in the roll. I've never seen or heard of a roll that was all from one die unless someone sorted them.

In 1995 the DDOs were mostly in Feb-March bags, they still carry a big premium. Some bags had none or a few and others had hundreds. If banks got bags they rolled rolls and distributed in rolls.

You can find a lone oddball, maybe a coin from the bottom of a bin or whatever that gets shipped later in the year so you never know what you'll find but if it's a lucky bag you get multiples, an unlucky bag maybe none.

Around 2000 the mint stopped shipping $50 bags. They ship pallets/tubs by weight. Because of that they shipped more errors like off centers that would not fit in rolls. Those pallets/tubs go to companies like Brinks and they roll them and ship them in $25 boxes (50 rolls). The companies doing the rolling find the errors that won't fit in rolls. Some return the errors to the mint but some get away.

Nowdays the empty $50 canvas mint bags are getting scarce, they even have a value to collectors.

[Dick]

I was not aware of the "bags' scenariop. I have several, and had several more. I didn't get the coins with them, but , you can't have everything, I guess.
Dick

[supaplums]

Great info. Thanks for the reply. I guess the 2 solid roll part of the story was slightly exaggerated by someone before getting to me.

[coinguy47]

I think education is paramount. Learning 'what is what' is the most important aspect of what we do here. Attaining profit is secondary, and while I have no problem with anyone making a buck off of the hobby, I DO have a problem with those who's ONLY interest is profit. We are involved in a fascinating aspect of numismatics

I've studied die varieties for about 4 years now. Even in these economicly stressful times, my collection is NOT for sale. I have coins in my collection that would add a nice profit to my bank account, but money is not what motivates me- knowledge and understanding does motivate me. I rather feel sorry for those that only see monitary profit as a goal.

Here's an idea for you all- buy some Lincolns and look closely at them. If you find something interesting, try to figure out what is different from the others, and start trying to understand that piece. Do you understand the difference between class 3 and class 7 doubling? For that matter, is class 1 and class 5 so close that you can't tell the difference?

I don't mean to come off as a 'know it all'- I'm certainly not an expert, but even the most knowledgable will admit they don't know it all.

So, if you're lucky enough to find something that's valuable, understand what you found, and understand the die making process that produced it. If you want to sell it, by all means do so, but understand what you have before you sell it.

'Buy the book before you buy the coin' is an old addage, and I'm an old guy. Reading the book is also important, and understanding the book is even more important. I'd rather die informed and knowledgable and broke than to sell stuff and assume those coins will someday make me wealthy.

Maybe it's just me...

Tom

[coop]

Welcome to the Site Tom. Always nice to see a new face. Most collectors feel that way. Some are just in it for the money. To me it is my escape from things I can't control. Coin have a tendency to do what I let them do. Knowledge is is key. When looking on ebay you can see buy the auctions that they don't know anything about coins (priced too high or low). Hopefully you find the ones that are too low and buy and see the too high priced and just shake your head. Most people who post start with a question about a coin, then ask what it is worth. But after reading the threads eventually see there is a lot more to learn. The forum is nice as it can be read/searched/imaged/helped/attribute and not scroll off. So you find find what you need in using the search above. When using it always remember to keep it very simple. It you entered coins in the search you might end up with every post selected. If you enter Cent you may get 95% of the posts. If you search for date/mint marks, it narrows down to just a few posts. Just a key word sometimes works better. Just depends on the search.
But welcome! You'll find a nice bunch here that offer suggestions and solutions to help and not to be little. What for the emoticons listed on the left as sometime humor is injected and you might be getting an interesting comical answer with the smilies attached.

Great to see you hear and look forward to you thoughts.

[Dick]

coinguy47, that sounds very familiar! Uopui may br the one that I see often on another forum. Never-the-less, WEKLCOME ABOARD! We always welcome "new- blood_. Any new-comer is always a new source of info, and experience, that we can gain by.
Dick

[supaplums]

Hey again, I didn't mean to come off the wrong way or anything but my income to spend on coins is limited. The only reason I ever sell anything or wonder what it is worth is to raise money to search for something else. I would love to keep everything I've ever found but I'd rather sell a few rather than quit searching due to lack of funds. I also realize that I could search for free with coins in circulation (and sometimes I do) but I think its a blast to search some old wheats once in a while, and that costs money. I also take a large amount of pride in being able to sell some of my cherrypicked items that cost me very little or nothing to buy a popular tough coin like my 1914 D. To me it's the same thing as finding the 14d somewhere for next-to-nothing. I hope everyone can see where I'm coming from. Always searchin'
Mark