| Author |
 Replies: 13 / Views: 2,928 |
|
|
Pillar of the Community
United States
1101 Posts |
Poll Question
Might pick these up, 25 rolls of wheat pennies, $149 bucks. Good deal or pass? 
|
|
|
|
Valued Member
United States
213 Posts |
Without knowing any other information I'm gonna say no simply because its 12 cents a coin. Is there a guarantee that the rolls are all pre1959 and not just a collection of enders? Keep in mind I'm a skeptical cynic.
Edited by gratefuldad
02/07/2018 09:42 am
|
|
Valued Member
United States
186 Posts |
The enders all look to be '40s and '50s, and even they are solid wheats, they are still 3-5 cent coins. Even '20s and '30s are on average worth about that much. You'll need a couple semi-key dates or a handful of pre-'34 coins in XF/AU to make the difference, and honestly would just try ebay at often a lower price. |
|
Moderator
 United States
189053 Posts |
Pass. $149 is way too much.
|
|
Rest in Peace
United States
18456 Posts |
My advice is to stay far away from this deal . If there's nothing good showing on the outside , what do you think your going to find on the inside ?  |
|
Bedrock of the Community
United States
94367 Posts |
|
|
Pillar of the Community
Canada
1747 Posts |
personally I don't think those are OBW, the crimps look too loose. There is a device sold on Amazon that will crimp these, and once done look awfully similar to those. |
|
Pillar of the Community
United States
7624 Posts |
Ask yourself this question:
What are the chances of walking in to a bank and scoring 25 rolls of "bank wrapped" wheat cents?
The seller knows EXACTLY what is in those rolls because he rolled them!
|
|
Pillar of the Community
 United States
1101 Posts |
Quote:
Ask yourself this question:
What are the chances of walking in to a bank and scoring 25 rolls of "bank wrapped" wheat cents?
The seller knows EXACTLY what is in those rolls because he rolled them! OK, OK, I won't buy them!, lol |
|
Pillar of the Community
United States
772 Posts |
When buying lots of wheaties, my general limits are $100-$120 for 2500 and ~$200 for 5000. This is of course after I have done substantial research on the seller and price checking, etc. If it goes for any more than those numbers, I dont even turn my head. -Edit: I should note that these prices are for lots that do not contain "just 40s and 50s" which seem to be popping up a lot on ebay as of recent. Edited by ty88ty2
02/07/2018 12:18 pm
|
|
Rest in Peace
10197 Posts |
After purchasing over 33,000 bulk wheat cents of various size lots, I have an average of 7.9% to be pre 1940. Of that ALL, stressing ALL, held NO key date coins and very few what I call HTF's, the hard to finds meaning teens and twenties D mints, any 31-33 coins, and few 09P, 11P, 12P, 13P coins. Only ONCE did I get a good batch of 1000 at 53% 10's-30's...the next two batches @$75 ea were "got ya's" w/ only 3%. My costs ranged $49-$149 per 1000, the best were $49, one of the lousiest was the $149(complained and they said they must have forgot to put the 10-30 bag in...huh?)
|
|
Moderator
United States
189053 Posts |
Quote:
OK, OK, I won't buy them!, lol  |
|
Pillar of the Community
United States
1291 Posts |
I don't know for sure, but I'm guessing that if they were truly BANK SEALED the ends would look a little crisper and professionally sealed than a lot of those in the photo. Some of the ends do look good, but that is probably the end of the roll that comes PRE-sealed. After you dump the coins into the OPEN end you're left with a little plastic widget to try to seal the open end...and it just sort of generally makes a mushy seal.
|
|
Pillar of the Community
United States
2917 Posts |
The ends of these rolls look suspicious. Stay far far away.
CRH Nickeloholic. 1,600,000 nickels searched in eight years! Have found FOUR complete Jefferson sets!
|
| |
Replies: 13 / Views: 2,928 |
|
Posted 02/07/2018 08:59 am
