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 Replies: 52 / Views: 7,634 |
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Pillar of the Community
United States
8517 Posts |
I would love to see the listing. You can check a sellers ID history and see if she's been selling unsearched lots.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Pillar of the Community
United States
1130 Posts |
Yeah, you should put a link to the listing. Also I would say you should go through with it. You would be really sick if she was telling the truth and a 1909 s or 1922 plain was in the middle of the lot. I have saw "unsearched" rolls start at $5 each, and then after about a week jump to $100 or over each, telling you that someone is finding good coins. Go through with it.  |
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Pillar of the Community
United States
1053 Posts |
You should go through with. You NEVER know.
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Bedrock of the Community
United States
19963 Posts |
If you can get them for 5 cent each or less, no harm, no foul. You can't go wrong really.
Keep in mind, there really are no "unsearched" wheats for sale on the internet. People have been searching wheat cents for over 100 years and picking the best coins/dates out. IMO, the entire population has been pretty much been picked clean with the exception of varieties. The odds of finding a key (or even a semi-key) out of pile is extremely small.
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.
Lincoln Cent Lover!VERDI-CARE™ INVENTOR https://verdi.care/
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Pillar of the Community
United States
1130 Posts |
Yeah, check out the coin roll hunting forum.
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Pillar of the Community
United States
581 Posts |
Honestly, I am totally skeptical when somebody, anybody, tells me that any roll of coins is "unsearched"
I guess it's part of the if it seems to good to be true, it probably is.
But yet again...
I hope you do well.
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Pillar of the Community
 United States
7375 Posts |
Sorry I have been absent for a while. Wanted to resolve the issue before I reported back. Agree that I "should" have gone through with the deal. Everyone makes mistakes though, and IMO, I made one, and there was a chance to fix it. Yes the seller was inconvenienced a little, but all it took was a couple of clicks for the refund, and she was back in business, and the pennies will bid up quickly again. All that said, I'm not proud of myself and hopefully have learned something from it. The chance that there was going to be a money maker in the lot was a long shot. A lot of you guys helped me to see that. Maybe they were truly unsearched, but not likely. No more 'unsearched' for me. It's not my thing. The total cost for the lot was $61 shipped. Yes, at 2 cents each ok, but not at 4. I also sell on ebay, and if the shoe is ever on the other foot, I will be as gracious as this seller was. Thanks. Ed Here's a link to her current listing similar to the one I responded to. See any red flags? Good luck. If you find a good penny, please thank me by NOT telling me   http://www.ebay.com/itm/500-Lincoln...#ht_25wt_917Edited by edweather
10/29/2013 11:59 am
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Pillar of the Community
United States
1130 Posts |
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.
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Valued Member
United States
388 Posts |
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Pillar of the Community
United States
7375 Posts |
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.
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Valued Member
United States
388 Posts |
 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. |
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Valued Member
United States
306 Posts |
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. |
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Rest in Peace
United States
3039 Posts |
Quote:
I'd be preparing to buy all he had. Good point edweather. |
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Bedrock of the Community
United States
11951 Posts |
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.
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Pillar of the Community
United States
1745 Posts |
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
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Replies: 52 / Views: 7,634 |
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Posted 10/27/2013 6:26 pm
