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Buying Circulated Rolls..

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Rest in Peace
catman's Avatar
United States
954 Posts
 Posted 05/10/2005  02:16 am Show Profile   Bookmark this topic Add catman to your friends list Get a Link to this Message Number of Subscribers
Hi All,

I have a question for those of you who purchase circulated rolls. I'm talking about coins like wheat cents, Buffalo nickels, silver coins, Indian Head cents and coins like these.

We all know that your going to find bad ones in the roll you buy. My question is this. "What percentage of the roll would have to be bad before you sent the roll back to the seller..?"

catman
Forum Mom
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Susanlynn9's Avatar
United States
5877 Posts
 Posted 05/10/2005  06:36 am  Show Profile   Bookmark this reply Add Susanlynn9 to your friends list Get a Link to this Reply
I would add to that question - What constitutes a "bad" coin? On Buffs, should all of the coins have a 4-digit date? If a roll is described as average circulated, what are the lowest and highest conditions you expect to receive?
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TheForce's Avatar
United States
4868 Posts
 Posted 05/10/2005  07:23 am  Show Profile   Bookmark this reply Add TheForce to your friends list Get a Link to this Reply
Dateless coins are unacceptable to me. Gotta have a FULL date.

David
Valued Member
Speedy's Avatar
United States
307 Posts
 Posted 05/10/2005  07:26 am  Show Profile   Bookmark this reply Add Speedy to your friends list Get a Link to this Reply
All of them---If I buy a roll and there are some that are cleaned, (holded...finger printed...etc..etc) I put them in a box of "Problem" coins to resell...when I do, I buy a better coin with what I get out of them.

Now Wheats...If I find some 1943 cents that are rusty, I would just keep them and spend them or sell them again and tell the buyer about them.

Speedy
Pillar of the Community
United States
2724 Posts
 Posted 05/10/2005  07:55 am  Show Profile   Bookmark this reply Add national dealer to your friends list Get a Link to this Reply
quote:
Originally posted by catman

"What percentage of the roll would have to be bad before you sent the roll back to the seller..?"catman


This depends on how the roll was advertised. If the seller is advertising all "good" or better, they will all have to meet that criteria and price. If average circulated, all must meet the "AG" grades.
Small rim bumps or scratches will be overlooked if the majority of the coins match the low expectation.
For an average circualted roll, 90% must meet the "AG" grade for average. If full "good" or better, 100% must meet the standard.
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