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Ebay "Old" Coin Rolls

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cheezyfryes's Avatar
United States
359 Posts
 Posted 01/29/2013  12:03 pm Show Profile   Bookmark this topic Add cheezyfryes to your friends list Get a Link to this Message Number of Subscribers
Sorry if this has been asked before, but what's up with all of the "old unsearched" US cent rolls on ebay that have dimes on the ends? Are these sellers just scamming us and hand rolling coins with strategically placed non-cents on each end?

Example: http://www.ebay.com/itm/Wheat-Cent-...68673&_uhb=1
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xZACKx's Avatar
United States
648 Posts
 Posted 01/29/2013  12:33 pm  Show Profile   Bookmark this reply Add xZACKx to your friends list Get a Link to this Reply
I've wondered this too. Was planning on posting about it but you beat me to it.
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HippieOutcast's Avatar
United States
615 Posts
 Posted 01/29/2013  12:38 pm  Show Profile   Bookmark this reply Add HippieOutcast to your friends list Get a Link to this Reply
The easy and short answer - Yes. You might find a few nicer coins in the roll, but as a whole you will overpay every single time for the contents of that roll. Every single roll with something "special" on the end has been put there by the seller with intent to deceive.
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jbuck's Avatar
United States
187950 Posts
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CoinsKelly's Avatar
United States
3453 Posts
 Posted 01/29/2013  1:21 pm  Show Profile   Bookmark this reply Add CoinsKelly to your friends list Get a Link to this Reply
I purchased a couple of rolls from different sellers just to see what was in them. I can honestly tell you it was a great study in how to ruin a coin. Nearly all were cleaned, whizzed or had something done to it to make the coin look better. The problem is that nearly all the coins were all ruined.

Since I had purchased them as an educational exercise for myself, I have kept the coins to study and refer back to them from time to time. These were marketed as un-searched bank rolls.

I do believe them: they were un-searched by a monkey.
Edited by CoinsKelly
01/29/2013 1:22 pm
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inventor719's Avatar
Canada
189 Posts
 Posted 01/29/2013  3:51 pm  Show Profile   Bookmark this reply Add inventor719 to your friends list Get a Link to this Reply
I have seen the same thing done with $2.50 gold coins on the end of a Wheat cent roll!
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ericmckeown's Avatar
United States
379 Posts
 Posted 01/29/2013  4:11 pm  Show Profile   Bookmark this reply Add ericmckeown to your friends list Get a Link to this Reply
What I can't believe is how high the bids get on these
Edited by ericmckeown
01/29/2013 4:12 pm
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cheezyfryes's Avatar
United States
359 Posts
 Posted 01/29/2013  4:51 pm  Show Profile   Bookmark this reply Add cheezyfryes to your friends list Get a Link to this Reply

Quote:
What I can't believe is how high the bids get on these


I know! I guess people just like playing the lottery... a fixed, fraudulent lottery at that.
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goddardtx's Avatar
United States
1 Posts
 Posted 01/30/2013  07:12 am  Show Profile   Bookmark this reply Add goddardtx to your friends list Get a Link to this Reply
Yes. They are stacked coin rolls. "Unsearched by me" is always in the description. And they are all cleaned and searched. Do not be fooled. As for the 2.50$ gold piece on end auction. I saw that roll sold for 399$
So. These guys are making lots of money off people willing to take a chance. And always lose.
I did find a au58 bronze IH in on once. Yes. I have bought a few. But on the cheap knowing probably nothing. But got lucky.
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BadThad's Avatar
United States
19935 Posts
 Posted 01/30/2013  09:10 am  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
Classic, seeded roll scam. These are rolls with $2 worth of junk in them. There are no "unsearched" rolls on ebay. They are all a scam to separate you and your money.

The first red flag with this seller is that he just happens to have roll after roll with "special" coins on the ends for sale. What a freakin joke:

http://www.ebay.com/sch/englandtc/m...047675.l2562
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billymac11's Avatar
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 Posted 01/30/2013  10:01 am  Show Profile   Bookmark this reply Add billymac11 to your friends list Get a Link to this Reply
Caveat Emptor
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Fat Freddy's Avatar
United States
1200 Posts
 Posted 01/30/2013  10:28 am  Show Profile   Bookmark this reply Add Fat Freddy to your friends list Get a Link to this Reply
In a similar thread a while ago, one CCF participant told the story of selling a large lot of wheat pennies (all 50's, common mintage, nothing of value) to some guy.
He told the buyer they'd been searched and there was nothing of value in the pile. The buyer said that was OK because he was saving them for his grandchildren.
The CCFer later told the story to his LCS guy, who laughed and told him the buyer was known for reselling such pennies on ebay as "unsearched" (the rationale
being that he hadn't searched them himself).
Valued Member
United States
396 Posts
 Posted 01/30/2013  6:07 pm  Show Profile   Bookmark this reply Add BigAppleBucky to your friends list Get a Link to this Reply

Quote:
Classic, seeded roll scam. These are rolls with $2 worth of junk in them. There are no "unsearched" rolls on ebay. They are all a scam to separate you and your money.

The first red flag with this seller is that he just happens to have roll after roll with "special" coins on the ends for sale. What a freakin joke:

http://www.ebay.com/sch/englandtc/m...047675.l2562


This guy is one of the better ones. He admitted to me in an ebay message he uses a dealer to create the rolls and always has nice end coins. One wonders when the supply of 1916 P mercs, and various cheap 1909 cents will run out?

Also, where the heck do they get all that old roll paper from?
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pennysaver's Avatar
Canada
937 Posts
 Posted 01/31/2013  9:38 pm  Show Profile   Bookmark this reply Add pennysaver to your friends list Get a Link to this Reply
On the other hand, I once bought a roll of errors nickels that had a BUTTON on the end of it, believe it or not. The laugh was that when I first found out I was a little ticked until I realizd that it was a matching button to one I had previously lost and now needed!. Turned out to be the most valuable item in the roll lol!
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cheezyfryes's Avatar
United States
359 Posts
 Posted 02/01/2013  12:08 pm  Show Profile   Bookmark this reply Add cheezyfryes to your friends list Get a Link to this Reply

Quote:
On the other hand, I once bought a roll of errors nickels that had a BUTTON on the end of it, believe it or not. The laugh was that when I first found out I was a little ticked until I realizd that it was a matching button to one I had previously lost and now needed!. Turned out to be the most valuable item in the roll lol!


Too funny!
Valued Member
United States
396 Posts
 Posted 02/01/2013  12:47 pm  Show Profile   Bookmark this reply Add BigAppleBucky to your friends list Get a Link to this Reply
I haven't bought anything from this guy, but if you look at his feedback it becomes obvious why his rolls no longer sell for as much as they used to.
http://www.ebay.com/sch/thebubbasda....m1438.l2654

I suppose he'll eventually have to switch names and start over.

There are some roll sellers who are very upfront about what they're selling, and don't show end coins. They actually give very decent value for the money, and buyers are aware of that and price accordingly.

You won't get a 1909S VDB, but you will get a bunch of IHC, 19th century silver, and a semi-key or two Lincoln such as a 24D, 09S, or 10S.
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