| Author |
 Replies: 9 / Views: 1,703 |
|
|
Pillar of the Community
United States
667 Posts |
Yesterday, I was offered a $50CAD bag of red unc 1964 cents. Seller wanted $60USD. It was opened and I looked at a handful. All red MS63/64 quality. I did not buy. Correct decision?
Gene
|
|
|
|
Pillar of the Community
Canada
3234 Posts |
Did you think that the bag might have been "cheery picked"..?
..and that backed you away..
(ie: were they all there..?)
|
|
Pillar of the Community
 United States
2843 Posts |
At less than copper melt? I would have taken it........
Then regretted it.
|
|
Pillar of the Community
Canada
581 Posts |
I'm drooling at the thought of $60 for a bag of cents. I woulda jumped on it. Some amazing errors in the 60s !
|
|
Moderator
 Canada
10458 Posts |
If it was opened - it was a good move to pass.... it is really hard to move the leftover coins. This listing of mine is two years old, and I have only sold 5 rolls to date: http://www.ebay.ca/itm/BU-roll-of-1...301819687392I got a few cool errors out of that bag... I put together 10 rolls to sell and the rest went to the bank -just to get them out of my basement... I still have two sealed 1964 bags yet to open and check... "Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
|
|
Bedrock of the Community
Canada
10743 Posts |
I received one of those from you SPP long time ago, beauty of a coin..  |
|
Pillar of the Community
 United States
667 Posts |
Did you think that the bag might have been "cheery picked"..?
..and that backed you away..
(ie: were they all there..?)
Not worried about count, worried about price and possibility of resale. The coins look like that shown in SPP's link.
|
|
Pillar of the Community
United States
667 Posts |
Just revisited SPP's link. His bag is $60CAD, the bag offered to me was not a mint bag but a US made bag of $50CAD. I only looked at a handful from the top of the bag. I doubt if any errors would have been in it. Still at $7.50CAD ($6.14USD) per roll plus shipping - hmmm. Maybe I should have bought it at 60c per roll and sell them on ebay for $2 a roll plus shipping. |
|
Pillar of the Community
Canada
1505 Posts |
That is a lot of work for a $1.20 profit/roll, it sounds like you made a good choice, but it would be a lot of fun to search a big bag like that.
|
|
Moderator
Canada
10458 Posts |
Quote:Still at $7.50CAD ($6.14USD) per roll plus shipping - hmmm. Maybe I should have bought it at 60c per roll and sell them on ebay for $2 a roll plus shipping. You would be a very old man by the time they all sold on ebay. You would end up paying more in ebay listing fees or store fees by the time the dust settled... I usually give out rolls of 1964 pennies to kids and as door prizes to the coin clubs... (like I said, I still have two more bags to open).... "Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
|
| |
Replies: 9 / Views: 1,703 |
|
Posted 09/18/2017 10:03 pm
