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 Replies: 76 / Views: 6,771 |
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New Member
United States
11 Posts |
I will probably end up buying a few more batches before switching to buying individual dates.
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Pillar of the Community
United States
1208 Posts |
Buyers beware!
The wheat seller named ryan_fowler
has changed his name!
He is now centsforcents and
his feedback is falling fast!
I gave him a very lukewarm positive,
as I have no proof the rolls are 'built'.
Seems many buyers are outright suggesting
just that, without proof. Makes me a bit
uncomfortable, but I wish his feedback
looked like this before I spent
all that dough!
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Valued Member
United States
311 Posts |
Quote:5) 1/2 LB. BAGS OF UNSEARCHED WHEAT PENNIES http://www.tomstagsale.com/servlet/..GS-OF/DetailComments: Okay, this is definitely not an ebay lot but the value seemed good at $6.95 per half pound (I was just googling for unsearched wheat lots). I bought 10 half pound bags for a total of 5 lbs. Needless to say per the stats below by this was by far the best one yet. It contained a whopping 22.5% of pre-1940s and had the best mix of dates including some semi-key dates. After seeing two good buy reports, I decided to try 8 bags (approx 620 coins) from this seller. i don't have the patience for logging each coin. I ended up with about 60 "keepers" from the batch. These being pre-1930 coins, strong 30-40 P's, 30-40 D/S's, 40-55 S's, and high AU-BU coins. Rarest was about 4.5mil production (26S, a G+/VG-) Oddities included 5 Indian Heads (common dates, low grades), five or six culls (illegible date or significant physical damage and/or corrosion), and six copper Memorials (latest was a 64). Overall, I thought it was an okay deal, but a bit disappointing... they felt loaded. Each bag had exactly one steel cent, all Ps, only one a solid XF. There was a vast pile of 56-58 coins, some pretty heavily worn for an "estate hoard". The distribution of years and conditions was pretty much what I've been getting from bank roll hunting, just more concentrated (and way over face)... there were a few nicer 30-39P's, but all the teens-20's coins were very heavily circulated. Only a couple of coins with original luster, and those were 56-58s again. Nothing to really suggest that "unsearched" lots exist, or that they're preferable to just buying select interesting coins outright. Unless you REALLY like so-so 40s-50s wheats, in which case, send me an email ;) One other note- shipping was $7.95 for one bag or ten, so if you're going to order, it pays to order more. I ordered mine Monday and received them Wednesday, so no complaints there. |
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Valued Member
United States
201 Posts |
The whole prospect of a truly unsearched wheat lot is a rather dubious one since chances are someone along the way has searched through them, if not the seller himself. At least with that last lot, the mix of dates seemed reasonable for a lot claiming to be unsearched (using http://reviews.ebay.com/Unsearched-...:-1:SEARCH:5 as a basis). Compare that one to the other lots in my testing. It also was the only lot where I found semi-keys. YMMV, but at least I was satisfied for the price paid. Edited by Steamwalker
06/18/2008 7:09 pm
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Valued Member
United States
486 Posts |
If you're looking for nice keys don't kid yourself. Stop giving your money to these clowns. The only reason people buy so called "unsearched wheats" is the prospect of finding a rarity. What knucklehead is going to but an S VDB in one of these rolls. Whats funny is how all of these old Wheaties are in new wrappers. Yeah, I've bought one of these "unsearched" rolls before and one only after I got no coins earlier than 1940. I bought the $14 roll because it was in an older wrapper and the seller claimed it was from an estate sale. Spend your time doing something productive instead of dreaming your going to find something special in an "unsearched roll". I now buy Real unsearched Wheaties for $1.25 a roll. -PP
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Valued Member
United States
201 Posts |
Quote:
The only reason people buy so called "unsearched wheats" is the prospect of finding a rarity. That's not necessarily the case. I bought wheat rolls to fill a coin album. You going to fill up a wheat coin album sorting through penny rolls from the bank? I don't have the money nor inclination to fill one by buying each coin. I will only consider buying individual dates/mintmarks once I gleamed as much as reasonable from wheat lots. |
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Valued Member
United States
417 Posts |
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Pillar of the Community
United States
1208 Posts |
I don't hope to get a rarity...
I just hope for a wide variety of earlier years.
Not just 3/4 of a roll being 57-58, and the rest
being culls.
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Pillar of the Community
United States
1208 Posts |
Oh, and I should have looked at what 'centsforcents' has been buying... I am kicking myself now. He has been buying an awful lot of cheap early wheats. Somehow the years of the coins on the ends of his rolls are pretty much the same as the common early wheats he has been buying at auction.  Go figure. Buyer beware. |
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Pillar of the Community
 United States
936 Posts |
Ratio-
I think Ryan is a member of this forum!
Steamwalker-
That is a nice link, it shows how rare the teens-30's really are in comparison to the 40-50's.
I got some more totals to post, just need to find the time to go through them!
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Pillar of the Community
United States
936 Posts |
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Valued Member
United States
346 Posts |
Steamwalker, that was a great link. Excellent read.
I really don't believe there are any 'unsearched' coins left. Also back 10-12 years ago, I remember getting more than 1 teens and 1 twenties coin per roll. I don't remember the 40's and 50's ratio being THAT high. Maybe I just went through an extraordinary amount of pennies.
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Valued Member
United States
201 Posts |
I think that link is important to illustrate to those who hadn't had any experience with supposedly "unsearched" wheat lots that it is completely normal to have a large percentage of the wheats be 40-50s. The key, I believe, is knowing what the general ratio of decades one can expect when going through these lots. For instance, 90% of the coins being 40-50s would raise a red flag to me.
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Pillar of the Community
United States
936 Posts |
I got a new seller, have not had time to compile the totals but figured I would put him up here- Seller- http://myworld.ebay.com/sterlingsilver212 I bought the 10 rolls for 49 (actually a few times) and was intrigued. The teens lacked mint marks, but did find some AU 1919's and one AU 1909. There were the usual 1919, 1918, 1914 that you get. The twenties were good with some semi keys. Thirties were nice with some AU-BU with mint luster (average of 6 per batch). There were also mint marks. Forties had some AU-BU, average of 6-8 per batch and or course some 50's that were AU-BU (average of 10-15 per batch). I had ordered some last week and found it unusual to not get a shipping notice quickly, only to find out he was in the flood areas and had to evacuate. I got a nice email letting me know what was up. This might seem moot, but I like the fact he puts a little note in with each batch making it personal. Overall I will buy more, its kinda exciting to find a AU-BU cent in the 30's. At first you think it is another one in the 50's then turn it over and get the little surprise! |
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Pillar of the Community
United States
1571 Posts |
chrsb, I have read the listing on the sterlingsilver212, and have been tempted, but then again, I remember all the "unsearched wheat cents I have, and remember it would take A KW-DART to haul them away, so I pass! I sent you an email.
Dick
Edited by livingdinasaur
06/27/2008 03:34 am
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Replies: 76 / Views: 6,771 |
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Posted 06/16/2008 8:42 pm
