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Bought One Of Those "Old Penny Roll With ___ On The End!"...

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Harkness's Avatar
United States
70 Posts
 Posted 06/15/2015  9:13 pm Show Profile   Bookmark this topic Add Harkness to your friends list Get a Link to this Message Number of Subscribers
Had some spare money this week so I bought one for $12.99(including shipping) out of curiosity. Here's what I got:

1 - 1901 IHC
1 - 1902 IHC
2 - 1907 IHC
1 - 1918 LWC
1 - 1926 LWC
2 - 1934 LWC
1 - 1935 LWC
2 - 1939 LWC
1 - 1941 LWC
1 - 1942D LWC
2 - 1942 LWC
1 - 1942S LWC
1 - 1943 Steel LWC
1 - 1944S LWC
1 - 1944D LWC
1 - 1944 LWC
2 - 1945 LWC
4 - 1946 LWC
1 - 1946D LWC
1 - 1947 LWC
1 - 1947D LWC
3 - 1950D LWC
1 - 1951S LWC
1 - 1952S LWC
2 - 1953 LWC
1 - 1953D LWC
3 - 1956D LWC
3 - 1957D LWC
1 - 1958 LWC
6 - 1958D LWC


Bought-One-Of-Those-
Bought-One-Of-Those- Bought-One-Of-Those- Bought-One-Of-Those- Bought-One-Of-Those- Bought-One-Of-Those- Bought-One-Of-Those-


I've never seen a steel cent before! Or a IHC either, for that matter. Have any of you gotten one of those kinds of rolls and gotten something amazing? I'm sure the "unsearched" rolls have been searched, but you never know?

I'm a gamblin' man so chances are I will do it again even though it's probably a bad idea.
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SilverStackerKid's Avatar
United States
6478 Posts
 Posted 06/15/2015  9:20 pm  Show Profile   Bookmark this reply Add SilverStackerKid to your friends list Get a Link to this Reply
Any varieties?
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CelticKnot's Avatar
United States
12813 Posts
 Posted 06/15/2015  9:21 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
$13 seems high for one roll of cents but what the heck. No winners in there - the 42S has the lowest mintage of the bunch at 85.6M (I'm only talking about the Lincolns - I don't know squat about IHCs).

Either way I bet it was fun to go through.
Edited by CelticKnot
06/15/2015 9:22 pm
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pepactonius's Avatar
United States
9395 Posts
 Posted 06/15/2015  9:44 pm  Show Profile   Bookmark this reply Add pepactonius to your friends list Get a Link to this Reply
Looks like you did pretty well -- I've always assumed that this type of lot on ebay would contain two good coins and 48 culls from the 1940s and 1950s.
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edweather's Avatar
United States
7375 Posts
 Posted 06/15/2015  9:58 pm  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply
Sorry, but you didn't do well. That roll isn't worth more than $4-$5, and was put together. The seller did well.
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Rackster's Avatar
United States
4809 Posts
 Posted 06/15/2015  10:20 pm  Show Profile   Bookmark this reply Add Rackster to your friends list Get a Link to this Reply
Hi Harkness - The good thing is it didn't break the bank but not a sustainable endeavor. If you do it again, halve that price including shipping. There is an odd chance you'll find a variety mixed in there to make things fall close to your favor so then it might be worth the gamble (unlikely you'll find a variety unless you see something to cherrypick). Otherwise, you'd do better picking up those coins at an LCS for a few cents each (except for the IHCs and a couple others). Good luck!
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Harkness's Avatar
United States
70 Posts
 Posted 06/15/2015  10:28 pm  Show Profile   Bookmark this reply Add Harkness to your friends list Get a Link to this Reply
Haven't had time to look for varieties yet, but I doubt there are any. I definitely got better coins than I had assumed I'd get! I wasn't expecting a 1909S VDB or anything, but I also didn't expect more than the 1 IHC to be there. I was pleasantly surprised.
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Gyrene7483's Avatar
United States
1704 Posts
 Posted 06/15/2015  11:23 pm  Show Profile   Bookmark this reply Add Gyrene7483 to your friends list Get a Link to this Reply
Not worth the money to do it again.
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T-BOP's Avatar
United States
18456 Posts
 Posted 06/16/2015  07:49 am  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply

Quote:
That roll isn't worth more than $4-$5, and was put together. The seller did well.

Harkness , I can see being new to the coin scene that you would think you did well. But take our word for it, your only wasting your money. you'll realize this on your own in a few years. anybody can buy inferior coins on e-bay. the seasoned coin collector will buy nice coins at a nice price. start thinking about your future with coins!
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Cascade's Avatar
United States
7390 Posts
 Posted 06/16/2015  08:30 am  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
Harkness, you paid a small amount for a big lesson & up close examination of coins you have never seen. You did good in that respect ... I wish some of my lessons were so cheap!

Oh and Rackster & edwather posting consecutively is very confusing lol
Edited by Cascade
06/16/2015 08:36 am
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CLS12's Avatar
United States
509 Posts
 Posted 06/16/2015  08:35 am  Show Profile   Bookmark this reply Add CLS12 to your friends list Get a Link to this Reply
I did the same thing when I first started collecting. I realized it's cheaper to buy what you need to fill holes in your album rather than "unsearched", although I did find a good lot once, but there was no claim of rolls averaging 3 Indian per roll, it was just a good price. I think the worst unsearched I've encountered was by a large shop in my area and those certainly weren't unsearched and not a single hole filler unless you need 1957, 1957 d, 1958 and 1958 d x 100. It was my first time going in and I felt I needed to buy something and the crimped rolls looked well aged.
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ChildOfTheWheat's Avatar
United States
5828 Posts
 Posted 06/16/2015  12:32 pm  Show Profile   Bookmark this reply Add ChildOfTheWheat to your friends list Get a Link to this Reply
You didnt do too badly, but what ever.
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cwb's Avatar
United States
3463 Posts
 Posted 06/16/2015  1:13 pm  Show Profile   Bookmark this reply Add cwb to your friends list Get a Link to this Reply
If you've never had an Indian Head cent or a Steel cent, it was worth it just to get something new.
I wouldn't make a habit of buying those rolls though.
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Harkness's Avatar
United States
70 Posts
 Posted 06/16/2015  1:55 pm  Show Profile   Bookmark this reply Add Harkness to your friends list Get a Link to this Reply
I am well aware that the coins that were in the roll were not worth the $12 I paid, but I feel that I got more than $12 in entertainment out of it so I am happy. I don't think I would have taken the time to search out and buy a steel cent or IHC in the near future, so finding a few in there was worth it to me. I had fun with it, and that matters more to me than if I paid a few extra dollars than I "should have". I've wasted much more money than that on worthless things.
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jbuck's Avatar
United States
187702 Posts
 Posted 06/16/2015  3:34 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
That is called having the right attitude.

Sometimes we forget that the journey, not just the destination, has a cost as well. If you had fun, you had fun. $12 better spent here than on a really, really bad movie.

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BadThad's Avatar
United States
19935 Posts
 Posted 06/16/2015  3:55 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
Common date, circ roll....judging by the coins in it, the seller put it together. Not a bad spread but most of the coins are only worth 5 cents each, the Indians are worth a bit more.
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