"sealed" Penny Rolls - Maybe Not Such A Scam After All? - Page 2

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Author	Replies: 24 / Views: 3,386	Page: of 2

Debrajc Pillar of the Community United States 4211 Posts	Posted 01/22/2017 6:06 pm Glad you were happy with your purchase Roy. It does not always work out that nicely. Report this Post to the Staff
RoyCoinBoy Pillar of the Community United States 1609 Posts	Posted 01/22/2017 9:20 pm Wait wait wait wait... flag, are you saying a 1910 P penny is a key date? Also, sorry to disappoint, but I might not be taking pictures. The thing is so slick and worn that all you'd see is a faded feather or two. Report this Post to the Staff
Coinfrog Bedrock of the Community United States 94367 Posts	Posted 01/22/2017 9:25 pm You seldom get more than you pay for, but very often less. These rolls are for suckers. Report this Post to the Staff
thecoinguy1964 Pillar of the Community United States 1315 Posts	Posted 01/23/2017 07:27 am Cringe http://www.ebay.com/itm/Roll-of-Ind...AOSwA3dYfOkO Report this Post to the Staff
RoyCoinBoy Pillar of the Community United States 1609 Posts	Posted 01/23/2017 08:04 am puke Report this Post to the Staff
flag4 Pillar of the Community United States 869 Posts	Posted 01/23/2017 09:53 am Quote: Wait wait wait wait... flag, are you saying a 1910 P penny is a key date? Well . . . It was for me . . I mean . . I needed one for my folder! Report this Post to the Staff
flag4 Pillar of the Community United States 869 Posts	Posted 01/23/2017 09:56 am Quote: Cringe http://www.ebay.com/itm/Roll-of-Ind...AOSwA3dYfOkO Such a deal! If you use PayPal credit, you'll have six months to pay! Report this Post to the Staff
BigSilver Pillar of the Community United States 2843 Posts	Posted 01/23/2017 10:12 am I've always viewed these as a lottery. Sellers will need to put some better coins in the rolls to keep people buying them and leaving good feedback. If you are the gambling type, you will buy them in the hoped that you end up with one of the rolls that its value exceeds the purchase price. I am tempted from time to time, and then I remind myself what results I've gotten in the past. Report this Post to the Staff
fenton Pillar of the Community United States 4989 Posts	Posted 01/23/2017 11:01 am The sealed rolls are a legitimate product but don't kid yourself into thinking they are unsearched. The sellers that put these together usually start by buying up 10,000 or so common wheat cents for the going rate of about 3 cents each. They will then buy a much smaller set, perhaps 500, of Indian Head culls in bulk. Mix the whole thing together, roll up, and sell as "original rolls". Buyers are happy even though they are bidding 2x - 3x the average price because occasionally they'll get some Indians and the sellers are happy because they have 70% average profit margins. Report this Post to the Staff
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"Sealed" Penny Rolls - Maybe Not Such A Scam After All?