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How Many Semi-Key Dates In 1500 Wheat Pennies?

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Pillar of the Community
United States
1130 Posts
 Posted 10/28/2013  9:56 pm  Show Profile   Bookmark this reply Add Bassmaster to your friends list
If you do a lot of studying, it is possible to make money on unsearched rolls. I have done it before. You just have to watch and do a ton of studying and a lot of bidding at low prices.
Valued Member
United States
388 Posts
 Posted 10/29/2013  12:43 pm  Show Profile   Bookmark this reply Add rpmes to your friends list
What do you all think of this one? New seller getting good feedback.

http://www.ebay.com/itm/27130560311....m1439.l2649
Pillar of the Community
United States
7375 Posts
 Posted 10/29/2013  1:14 pm  Show Profile   Bookmark this reply Add edweather to your friends list
Just depends if you believe the story. I'm not a good gambler. Need to see the coin I'm buying. Yes, the feedback is good. My next question is, 'If it's that good why isn't he searching them himself?' I know I would, but that's just me. Am I missing something? If I got a good roll, I certainly wouldn't spout off in the feedback.....I'd be preparing to buy all he had.
Valued Member
United States
388 Posts
 Posted 10/29/2013  1:30 pm  Show Profile   Bookmark this reply Add rpmes to your friends list
You have made a great point. Maybe he's new to collecting and not very bright? I don't know. None the less, call me a sucker, but I bought 2. I will update when they arrive.
Valued Member
United States
306 Posts
 Posted 10/29/2013  1:32 pm  Show Profile   Bookmark this reply Add ksmcents to your friends list

Quote:
If you're interested in looking through "unsearched" cents, you're best bet is the bank. You can get a box at face value and I've seen far more keys, semi-keys, varieties and errors come from bank boxes than I've ever heard of coming from a bag of wheats obtained anywhere.


*This* Very few out there but still better than anything you'll find on the interwebz.
Rest in Peace
United States
3039 Posts
 Posted 10/29/2013  4:10 pm  Show Profile   Bookmark this reply Add numismo to your friends list

Quote:
I'd be preparing to buy all he had.

Good point edweather.
Bedrock of the Community
United States
11951 Posts
 Posted 10/29/2013  4:16 pm  Show Profile   Bookmark this reply Add GR58 to your friends list
I would be concerned with that auction.

She has zero feedback. She says she has 1000's of cents in water
bottles, but the picture shows them in a canvas bag.
Pillar of the Community
United States
1745 Posts
 Posted 10/29/2013  4:46 pm  Show Profile   Bookmark this reply Add The_Duke to your friends list

Quote:
What do you all think of this one? New seller getting good feedback.

http://www.ebay.com/itm/27130560311....m1439.l2649


Ok, let think about this one. Here is the story...


Quote:
So the story goes that this mans father would go to the bank in 1958 and pick up bank rolled wheat pennies because they were not going to make them anymore. These rolls were rolled by hand on a small antique hopper roller. Seems the mix is quite distributed because no one apparently collected coins up that way in Alabama.


So, in order to get rolls with a IHC and a silver dime on the end of the rolls, we are led to believe this happened by dumb luck at the bank (they can't seem to keep out those pesky dimes). Really? The odds are quite large that if the vast majority of coins are wheat cents, the probability of producing one roll with an IHC on one end is quite small and the probability of producing multiple rolls with IHC/Silver is very very very small.

If it's too good to believe, don't. It's very easy to seed rolls and the end of rolls. The seller will initially seed with "good" stuff and gradually reduce the good stuff. People will be overpaying for ordinary rolls and so it goes with ebay.
Edited by The_Duke
10/29/2013 4:52 pm
Pillar of the Community
United States
7375 Posts
 Posted 10/29/2013  5:09 pm  Show Profile   Bookmark this reply Add edweather to your friends list
That was one of my red flags in her auction....the photo. If I had 1000's of wheats sitting around for auction......would definitely take a real picture of some....one that would enlarge....and not some stock photo from somewhere. The photo in her first auctions was different, but just as odd. How do I even get a photo NOT to enlarge? There probably is a way, but it shows me that she knows more than she leads one to believe. Also, placing the add in the "collectibles" category is slick!
Pillar of the Community
United States
1130 Posts
 Posted 10/29/2013  7:58 pm  Show Profile   Bookmark this reply Add Bassmaster to your friends list
I think the one listed earlier should be okay. I am interested to see what you will find. My guess for both rolls is 5-10 Indians, 2 dimes, and a good mix of teens-30s. That's just my guess. We would all look through the rolls, but most people don't have any idea why we like coins. If the story is true, then the seller probably learned a little about the item to sell it. That's what I do when I buy a big lot of collectible things.
Valued Member
United States
388 Posts
 Posted 10/30/2013  01:54 am  Show Profile   Bookmark this reply Add rpmes to your friends list
I got one roll in today. At least it was super fast shipping lol. Well I ended up with 6 AU 1958P/D, 2 1957D in AU, 1955 in AU, 1955 S in AU, 6 IHP common dates some better condition than others. 2 1942 Merc Dimes, 3 1943 Steel, 1911, 1916, 1918, 1919, the rest 20's 30' 40's and 2 other 50's. The other roll should be in on Thurs. It was really hard to tell whether his story is true or not. But now I think it was BS because I found one 1958 D that looks like it's been in circulation for 50 years. Now how could that be if they were supposedly rolled in 58? Waiting on second roll. Maybe I'll hit that ever elusive 09 S VDB.... yeah, I'm laughing too!

Update* I paid $18 per roll with free shipping. Kinda expensive I know, but I was taken in by the story and the feedback they were receiving. We'll see on the next roll.
Sorry, not trying to hijack this thread.
Edited by rpmes
10/30/2013 1:11 pm
Pillar of the Community
United States
1130 Posts
 Posted 10/30/2013  08:03 am  Show Profile   Bookmark this reply Add Bassmaster to your friends list
How much did you give for the roll? It could be true, because you see 2013 pennies now that look like they have been in ciruculation forever too. It sounds like one of the better rolls though.
Valued Member
United States
331 Posts
 Posted 10/30/2013  2:06 pm  Show Profile   Bookmark this reply Add pawpaw34 to your friends list
rpmes I bid on that roll that said it was all S minted. Showing the 1909s on the end. I went up to $80 and wasn't even close.
Pillar of the Community
United States
7375 Posts
 Posted 11/23/2013  12:06 am  Show Profile   Bookmark this reply Add edweather to your friends list
I checked back on the feedback she got, and let's just say I'm glad I was able to get out of the deal with a lesson learned and not much worse.
Pillar of the Community
United States
2311 Posts
 Posted 11/23/2013  02:26 am  Show Profile   Bookmark this reply Add solotime to your friends list
About time you replied.
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