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GOOD INVESTMENT - Bank Wrapped Rolls at FACE VALUE

by: ptcoins( 1168Feedback score is 1000 to 4,999) Top 1000 Reviewer
30 out of 32 people found this guide helpful.
Guide viewed: 1273 times Tags: invest | money | coins | wheat cent | profit


A good idea is when cashing your paycheck, ask the banker if they have any bank-wrapped 'OBW' rolls.  Get whatever denomination they have available as long as they are solid-date, genuine OBW rolls (not bank-wrapped by a coin-supplier).  Not all banks have them, but finding them is easy!  Just look through the 'Yellow Pages' and call every bank asking if they carry them.  They are so plentiful at the time they are released, people don't think of putting them aside.  I wish I had put aside a few hundered rolls of the 2004-P peace nickel.  I figured they'd be around for quite awhile, but the banks quickly ran out.  Those $2 rolls were selling a year later for an average of $15.00 a roll!  You can't make that type of return in stocks or bonds!

The state quarter rolls are very popular as well, with certain states at times selling for $40 a roll!  There will be a premium whether small or large, on every OBW roll as the series or issue passes by with time.  It is a RISK-FREE investment as you can get your initial investment money back at any given time at any bank.

Just imagine if your ancestors did this in 1909 when the 'VDB' cent came out!


Guide ID: 10000000001623699Guide created: 08/15/06 (updated 07/22/08)

 
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