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Anybody Know Of Any Truly Unsearched Coin Lots On The Bay?

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littleboy's Avatar
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764 Posts
 Posted 11/28/2010  12:20 am  Show Profile   Bookmark this reply Add littleboy to your friends list Get a Link to this Reply
listings such as "unsearched rolls of 1940's S mint cents" always make me laugh.
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fenton's Avatar
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4989 Posts
 Posted 11/28/2010  12:50 am  Show Profile   Bookmark this reply Add fenton to your friends list Get a Link to this Reply
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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fenton's Avatar
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4989 Posts
 Posted 11/28/2010  10:06 am  Show Profile   Bookmark this reply Add fenton to your friends list Get a Link to this Reply
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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 Posted 11/28/2010  2:25 pm  Show Profile   Bookmark this reply Add RollHunter to your friends list Get a Link to this Reply

Quote:
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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