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 Replies: 34 / Views: 5,260 |
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Valued Member
United States
286 Posts |
what they do is this , they put maybe a low quality Indian Head penny obverse on one end and reverse of a wheat at the other and they are real good at rolling coins. that is called baiting and they might say I can't guarantee what is in the roll and no returns.  |
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Pillar of the Community
United States
1256 Posts |
I don't care how it's labeled, I just wish they would sell wheat lots at a reasonable price. If they are getting away with 300% profit, shame on the buyers. Unless a roll is special (specific date/mint, pure early decade, or high grade) even $3.00 is a little high. I like mine closer to $2 (shipped :)
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Valued Member
United States
286 Posts |
me to timsumrall that would great but it don't happen that way very often |
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Pillar of the Community
United States
1256 Posts |
I've realized some good buys from CCF members. Sticking to that plan best I can :)
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Valued Member
United States
95 Posts |
The ebay sellers' sham descriptions remind me of the Nigerian emails that fill my spam box every day! Except instead of some seller's mysterious 'family member' dying and leaving behind a stash of coins, they've left me enough money to buy the 1933 Double Eagle! |
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Pillar of the Community
United States
958 Posts |
If someone has the time to take pictures and list it on ebay THEY HAVE THE TIME TO GLANCE FOR KEY DATES ! |
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Pillar of the Community
United States
880 Posts |
I think you're right copper. I'll buy rolls when I need a date filler (like my last 1925-s?) Can't remember the mm. But I needed the coin, did a search and found one on the end of a roll for a good price. I don't think I do it that often, but there's a little extra excitement out of it.
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Bedrock of the Community
United States
20753 Posts |
Quote:
I believe there are still some unsearched lots out there. How about the person who is left a bunch of coins and truly has no interest in them but sells them just to get rid of them. And if you find this person please let me know:-).
YEAH, YEAH right. Go back and read my previous reply about the common, constant, repetitious reasons someone is selling coins. Aside from unsearched coins, my (Father, Mother, Aunt, Uncle, etc.) died and left me coins and I know nothing about them. I think many people just copy this and just line out the ones they don't want this time. Usually those coins were left by the same person that died over and over and over.  |
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Pillar of the Community
United States
3592 Posts |
carl, there are some out there...I bought a lot that had an S-VDB from a guy that knew nothing about coins..he knew enough to read the date, but that was it.However, I agree that 98% of those stories are BS...but I've found quite a few of those sellers.
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Pillar of the Community
United States
2541 Posts |
I'm tempted every now and then to pick up one of these, but then good 'ol common sense kicks in and I say no...
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Previously Banned Member
United States
71 Posts |
I have a truly unsearched wheatie hoard. every once in a while I go through a couple thousand. I loose patience with them.. while I do find some nice XF semi's they still aren't worth the time. I think about rolling them up and ebaying them but the problem is when I grab 50 and look what will end up in a roll, they end up all common dates. There are rolls that are about 40 years old look really intriguing, even those end up being solid circulated date rolls or just random 40's and 50's..
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Pillar of the Community
United States
764 Posts |
listings such as "unsearched rolls of 1940's S mint cents" always make me laugh.
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Pillar of the Community
United States
4989 Posts |
Since it is in the sellers best interest for "unsearched" lots to occasionally contain key dates, I think a buyer can be reasonably assured that if they play the game long enough they will find some nice coins particularly if they are a repeat customer. (i.e. if I were a lot seller on ebay and some guy bought $500 face of junk silver every week at a nice markup over melt, I'd toss in a key date or Gem BU coin occasionally to keep him tethered to my store) |
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Pillar of the Community
United States
4989 Posts |
Another thing dealers can do is buy rolls of wheaties at wholesale in approximate proportion to actual mintage inclusive of key dates, scramble them, throw in a couple of gem bu reds for fun, and then sell in randomized lots with a built in average profit margin. That way, searchers can have the thrill of the hunt and with some luck they might get a monster roll. Little risk for the dealer provided he sells all the coins. His feedback will be great since regular searchers will find many keys and buyers will do better on price since they are buying in bulk.
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Pillar of the Community
United States
687 Posts |
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Since it is in the sellers best interest for "unsearched" lots to occasionally contain key dates Why bother when they either setup or buy off another account to shill bid and leave fake feedback? Repeat business is not one of their goals. |
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Replies: 34 / Views: 5,260 |
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Posted 11/12/2010 08:54 am
