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"Unsearched" Rolls On Ebay

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wildh0rse's Avatar
United States
7 Posts
 Posted 02/11/2015  09:53 am Show Profile   Bookmark this topic Add wildh0rse to your friends list Get a Link to this Message Number of Subscribers

I just wanted to share with my friends here some thoughts and experiences.

First, a pristine roll of coins, be it from a bank or the FRB usually will contain whatever coins were circulating at the time, in whatever condition they circulated.

Just check the pennies in your change, and you will see what a modern bank roll would contain now. I found a 1963 in AU and a 1941-S in EF/AU(!). I do know that some local person here is dumping wheat pennies, likely because he/she figured their hoard was worth less than they fantasized it would. Heh.

Many ebay sellers are pushing rolls wich obviously were re-rolls of old coins with tantalizing ends. When you see this, you can bet that literally 'what you see is what you get'. Check the roll paper itself, very old coin rolls look...well, old....

I want to share two recent experiences with my 'coinmates' here.

1) Seller had two types of rolls for sale. One was defininetly recently rolled, the other looked as if it had been rolled a while ago. So, I purchased one of each.

The first one arrived, and I immediately smelled a rat. I opened it and let me tell you, "cull" wasn;t the word for these. JUNK. Holed, damaged, corroded.... Anticipating the arrrival of the next roll, I took action. I notified the seller, and told her I was going to return the second roll, unopened, and the coins in the first roll as well.

The second one (that looked 'old') had a gold QE on one end, and even as a type coin it alone likely would have justified the price at current Greysheet for the whole roll. But I just had a bad feeling, who knew what the other side of the QE would look like, and after the mess with the first one, I wasn;t taking chances.

Happy ending - seller refunded both. In appreciation I left good feedback.

2) The second experience was much different. I purchased two old rolls from a different seller. One was a really old bank roll, the other a FRB roll. I dated the first at around 1938-1940 and the second 1933-34.

What FUN. These were genuine old rolls, and it was really cool to see what was in peoples pockets. Interesting to see how worn - or not worn - some pieces were, and what was still circulating. Obviously, it being the depression, everyone looked behind the sofa cushions and under the fridge to scrape up every penny they could, literally. The FRB roll had 57 & 58 FE, 59 IH, and 79 and 94 IH's as well. Also, 32-D (in EF) and a 23-S in G.

So I guess the take home message is vigilance. No, not evryone is a scammer, but there are a lot of people trying to make a buck by pushing the envelope. This hurts honest sellers.

My advice is READ the FEEDBACK. If you see anything like "fast shipping" or "OK" in positive feedback, be careful. If people got what they paid for they will make it known. Also, someone will tell what they found. The second seller had customers who found some real keys, 11-S and 31-S namely. Also comments like "Got what I paid for" or "better than expected" are what you want to see.

Notice I did not mention names. If you want you can PM me and I will answer. I just don't want to you all to think I am endorsing or denigrating any particular sellers.

Anyone else with roll stories to tell? I'd love to hear them.

Thanks and "Better Dates" to you all :-D
Valued Member
collectorofcoins's Avatar
United States
80 Posts
 Posted 02/11/2015  5:54 pm  Show Profile   Bookmark this reply Add collectorofcoins to your friends list Get a Link to this Reply
I'm curious as to why you left positive feedback after receiving a roll of holed, damaged, corroded coins? I suppose it's possible the seller didn't know what was in the roll, but if I received a roll like that, I wouldn't leave positive feedback, whether the seller did a refund or not. I'd leave neutral and state what was received but also state the seller made a refund. You give good advice when you say to read a seller's feedback, but some buyers only look at the positive feedback percentage. Which is why I'm curious as to why you left positive feedback. I'm not trying to be critical, just curious.
Pillar of the Community
United States
1183 Posts
 Posted 02/11/2015  5:59 pm  Show Profile   Bookmark this reply Add LibertyEagle20 to your friends list Get a Link to this Reply
I've got burned too many times on ebay buying things where I didn't know exactly what I would get. When I first started I fell for the estate sale "you get 1 silver coin, 1 coin made before X date, etc." Obviously got a bunch of crap that way. The unsearched rolls I got were mostly 40's 50's wheats as well.

I agree with really looking at feedback before buying anything. I recently had someone sell me a roll of "Mostly all BU" coins and 12 of them had black crap all over them (but the details were still there on the coin). Is that still considered BU? Anyway they offered to have me send back as many coins as I wanted and they would give a pro-rated refund and pay for my shipping. I just asked for a straight partial refund and they agreed. I ended up still leaving them positive feedback but I think it was false advertising claiming the coins were in good shape (auction pic only showed the roll and not actual coins).

Overall ebay has been very hit or miss for me.
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CelticKnot's Avatar
United States
12811 Posts
 Posted 02/11/2015  11:06 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
ebay should be renamed caveatemptor.com.
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jbuck's Avatar
United States
187582 Posts
Bedrock of the Community
United States
20753 Posts
 Posted 02/12/2015  2:37 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
GEE I've never heard anyone complain about ebay before.
AND that is why I never use it.
Valued Member
ben89's Avatar
United States
73 Posts
 Posted 02/12/2015  2:52 pm  Show Profile   Bookmark this reply Add ben89 to your friends list Get a Link to this Reply
good thing you didnt open the second role, it was probably either damaged on the backside or on the rim from being in jewelry.

some of those dealers will advertise those as almost a gamble saying you never know what will end up in one and having an alternate account leave them feedback saying there was a gold dollar in their penny role.

another one I saw was common were the 1 or 1/2 pound junk silver lots. while they would charge close to 8 or 16 AV ounces worth of silver, they'd load you down with 75% War Nickels and the rest would be horrible 90% silver coins of no value.

they are very careful with the words they use on describing their lots
New Member
wildh0rse's Avatar
United States
7 Posts
 Posted 02/12/2015  7:04 pm  Show Profile   Bookmark this reply Add wildh0rse to your friends list Get a Link to this Reply
Well, I left positive feedback becuase it was a first time thing, I wasn't really expecting much, and the other feedback had no neg or neutrals. And I do recall that I suspected there was two ebay accounts as the merchandise looked the same on another seller's listing... hmmm. Dicey, but the feedback was just as good on the other account.

Oh, the gold coin was an end coin. The other end was plugged hehe. This I knew, and a Liberty QE.... as long as its not DAMAGED... was worth the 'price of admission'. Needless to say you can only assess the value of what you see. And, some sellers use these rolls to sell 2 key coins at an inflated price. As if they magically influenced the other 48 coins to be better ().

Again I loved tthe two other rolls...The Greysheet value of the coins exceeds what I paid. So I'm happy, and no, I didn't find a 1914-D LHC. I did swear a little when I found a 1911-D and a 1914-S ..... so close.
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CelticKnot's Avatar
United States
12811 Posts
 Posted 02/13/2015  12:21 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
What I'm saying (and I know most of you get it) is that ebay is a marketplace. So, let the BUYER BEWARE. Do your research. You're going to have cheats and shysters along with honest sellers. Far more the latter than the former, but it's your job to figure out which is which. It's much easier to not spend your money up front than to try to get it back.

There are repugnant slimewad sellers out there, so do your homework before buying. Check feedback, analyze pictures, consult with CCF, if it's too good to be true..., etc.

At the end of the day... it's your responsibility to not add fuel to P.T. Barnum's fire.
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