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What Do I Do With These?

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First Page  Showing last 15 replies.
Author Previous TopicReplies: 20 / Views: 2,858Next Topic Page 2 of 2
Pillar of the Community
United States
6130 Posts
 Posted 03/26/2014  5:16 pm  Show Profile   Bookmark this reply Add Finn235 to your friends list
I'd say try posting them on ebay at face, and see if anyone bites. If not, just dump them right back at the bank or spend them
Pillar of the Community
United States
663 Posts
 Posted 03/26/2014  5:21 pm  Show Profile   Bookmark this reply Add Agrippa to your friends list
So in other words, nothing special after all....?
Pillar of the Community
United States
663 Posts
 Posted 03/26/2014  6:02 pm  Show Profile   Bookmark this reply Add Agrippa to your friends list
Why would anyone buy a roll or rerolled coins like that?
Pillar of the Community
United States
3755 Posts
 Posted 03/26/2014  6:55 pm  Show Profile   Bookmark this reply Add smokeriderdon to your friends list
As I said these are after market rolls. If they were the original mint rolls, then they would hold a premium. But these? Nope. As I said, they arent even a standard roll.

And people buy this stuff out of ignorance. No different than anything else. People listen to some sales pitch and dont bother to do any research.
Pillar of the Community
United States
663 Posts
 Posted 03/26/2014  8:10 pm  Show Profile   Bookmark this reply Add Agrippa to your friends list
And that, my friends, is why I'll never buy coins at more than face value! ;-)
Pillar of the Community
United States
663 Posts
 Posted 03/26/2014  8:10 pm  Show Profile   Bookmark this reply Add Agrippa to your friends list
Thanks for all of the help guys! :-)
Pillar of the Community
United States
3755 Posts
 Posted 03/26/2014  9:45 pm  Show Profile   Bookmark this reply Add smokeriderdon to your friends list

Quote:
And that, my friends, is why I'll never buy coins at more than face value!


Hold on now. As I said, THESE coins in THIS presentation are worth only face. I sold just about every extra roll of 04 and 05 rolls from the mint at a profit.

It is a matter of research as I said.
Pillar of the Community
United States
663 Posts
 Posted 03/26/2014  11:19 pm  Show Profile   Bookmark this reply Add Agrippa to your friends list
Oh sure! Just saying, why did the lady who bought these from the world monetary exchange pay a premium for them?!?! Speculation you think? She thought they'd be worth something some day?
Pillar of the Community
United States
2311 Posts
 Posted 03/27/2014  12:19 am  Show Profile   Bookmark this reply Add solotime to your friends list
@Agrippa, Those are what we call scams. You believe the advertisement that they will someday become worth money. But as the time go's on, you see they haven't even became worth more than face value. People who aren't collectors get tricked by them. Lets say your Cousin knows you collect coins. It's your birthday coming up, he reads a stupid advertisement paper saying these are "Rare" or "special" coins for only 5X's the face value. Well, he believed them and just bought them for you.
Pillar of the Community
United States
663 Posts
 Posted 03/27/2014  12:44 am  Show Profile   Bookmark this reply Add Agrippa to your friends list
Yeah, that makes sense now that you put it like that. Sad that those kinds of things exist....
Pillar of the Community
United States
663 Posts
 Posted 03/27/2014  11:18 am  Show Profile   Bookmark this reply Add Agrippa to your friends list
Holy Crap! Do a web search for "world reserve monetary exchange review".....yikes!
Pillar of the Community
United States
4901 Posts
 Posted 03/27/2014  12:42 pm  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list
I saw those butt ugly reviews but I couldn't find any rolls listed as sold by them. Sounds like something they would do though....
Pillar of the Community
United States
4901 Posts
 Posted 03/27/2014  12:47 pm  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list
They are the same as those full page ads in the paper touting "Golden dollar Ballistic rolls"...and show armed guards going into a Fort Knox like place with gold on a cart...but you have to call within 24 hours to get them...only available to certain states (50)

...or next week

...or next month

...and if you decide to list them on ebay put them on at a BIN. If you put them at face and charge a fee for shipping the ebay and PayPal fees will make the transaction a loss
Edited by Foxwoods Man
03/27/2014 12:48 pm
Pillar of the Community
1325 Posts
 Posted 03/27/2014  4:47 pm  Show Profile   Bookmark this reply Add shadz to your friends list
I think I saw these on an infomercial type channel late on night on TV. like Home Shopping Network or something. Not worth any more than face value except to those people selling them and overcharging for a business strike roll. Now if they were 2009 nickels... well that would be something special.

You could put them on ebay and jsut post a picture of the roil and say what the wrapper says and say AS-IS, and let whoever wants them pay whatever they want for it with a minimum bid of the rolls face value itself. Then it is whoever buys it's fault if it is not what they wanted. Just don't sell someone a picture of a roll of coins like the person that sold a picture of a video game system.
Edited by shadz
03/27/2014 4:47 pm
Pillar of the Community
United States
663 Posts
 Posted 03/27/2014  5:31 pm  Show Profile   Bookmark this reply Add Agrippa to your friends list
Yeah, just opened a roll and they are no different than any other bank roll nickel you'd find in the wild. I'm just gonna open them, check for spears, roll them, and redeposit them.
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