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 Replies: 30 / Views: 2,532 |
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Valued Member
United States
462 Posts |
I just received two rolls of IH/LWC from an auction on ebay! I would usually wait till I get home, but my curiosity got to me because others have posted on here that "there are no unsearched rolls of IH/Wheats on ebay. So I unrolled one of them careful to only touch the edges. Immediately, a BRIGHT RED coin caught my eye. So I carefully took it out of the roll, a 1958 RED that looks better than most 2008's that I see every day. Then something else caught my eye. There was a very THIN coin in the middle of the roll. So I carefully removed it, a 1918 Mercury dime. I haven't totally inspected both rolls, but I have also found a steel, 1943 Penny, that I would rate at least a 40 and I have no idea on how to grade. A 1928 that I would grade 20-30 as well. So if the roll had been searched, would someone leave a 1918 Mercury dime in the roll? Or an AU or BU 1958? I know, you want pictures, but I have no clue how to do that. I have two digital cameras but how to I get the picture onto the thread? LOL |
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Bedrock of the Community
United States
19935 Posts |
Bah....seeded rolls. LOL I'll bet you $1000 there's not a key or semi-key in those rolls.
To add a picture, go to advanced reply mode, not the quick reply at the bottom of the thread. Simple click the camera icon that says "Add image".
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Valued Member
United States
122 Posts |
I will be interested in hearing what you find in the entire two rolls.  Uploading photos is east. Just look at the icons available when you post. |
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Valued Member
 United States
462 Posts |
ROFL. I just KNEW BadThad would come back with a comment, but I thought he would claim "planted rolls". But "seeded rolls" works too. I love you BadThad, you come back with the best comments.
I will list what the two rolls had, but it did feel like Christmas Opening the unknown rolls. I paid $1.00 apiece for six coins at a dealer that I needed for my Dansco last week. I know I would have paid $2.00 for that 1958 that looks like a mirror. So I think I pretty much broke even plus having the enjoyment of seeing what is inside.
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Pillar of the Community
United States
5318 Posts |
 Yeah...the BU 50s wheats are a common seed coin; it's happened to me too. But--there are truly unsearched wheats out there, such as this find. |
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Pillar of the Community
United States
1359 Posts |
I agree also..Its planted or seeded with thing to make you think they cant be searched and possibly buy more! Then feedback that you found this or that and persuade others to buy.. Bright red doesn't mean unsearched. Now if it were a bright red 1911 or something it might be a different story!
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Pillar of the Community
United States
7123 Posts |
 depending on what was paid for the rolls , finding a few "planted ? " coins that total a few bucks besides the wheaties is not a bad thing . while skepticism is ok , outright cynicism is another story . |
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Bedrock of the Community
United States
10982 Posts |
Hey! Let's have fun. As long as you're paying under $5/roll - what the heck!
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Valued Member
United States
462 Posts |
I just opened the second roll, no BU but it did have a Barber dime. ROFL. I just emailed the seller and asked who put the rolls together. I wish $5.00, I paid $12.50 for them. What the heck, it was fun! |
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Valued Member
United States
383 Posts |
The coin dealer by me sells wheaties for $2 a roll and buys them for $1.50 a roll.
I pick up a few rolls each week. The kids love going through them. They are actually 4¢ each, as he has them in a bucket and just tosses them into the counting machine. Whenever I buy something there, I just have him round it up to the nearest $5 and "wheatie me" the difference.
He obviously roots through them, but the other day I found a real dirty steel cent. He must not have noticed.
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Pillar of the Community
United States
1984 Posts |
Your rolls were certainly unsearched before you received them, but theu were carefully administered.
Was it $12.50 each?
If so, and if I thought I could live with myself, I'd put together a thousand rolls with a silver dime a BU wheat and an XF 1943 with 47 mixed common wheats. At $12.50 each the profit would be at least $9 each before expenses. Every five rolls could have a "rare" date or two--a couple of early "S" mints, a 1909 VDB, a 1922. It would cut the profit a bit but probably add repeat business.
I couldn't do it if I wanted to get any sleep at night, though.
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Valued Member
United States
462 Posts |
It is funny you should say that halfa, my email to the seller stated, "You sold me for $12.50 what I could get from a coin dealer for $3.00 - $4.00" and I told them that I would hold on my "feedback" till I hear from them. I want two more similar rolls for free or they get a negative feedback. $6.00 a roll makes it more tolerable. Luckily, this is not high finance. Even 1,000 rolls, if you could make $9 a pop profit, wouldn't work out to a lot of money, if you counted your time at $20.00 an hour.
So my question is this, how can you spot a true 'unsearched' roll? Maybe find one that has been buried for 70 years?
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Pillar of the Community
United States
860 Posts |
Did the seller promise anything as to value? I don't see why you feel he should give you something for free to get a positive feedback unless he didn't fulfill the listing. I would find that on the same par as "seeding" a roll.
Jim
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Pillar of the Community
Australia
1040 Posts |
You can't demand extra from a seller with threats of negative feedback under any circumstances. If you haven't received what was promised in the auction, then you can ask for a return if offered, or use the ebay dispute process. I don't sell on ebay, and I only buy from sellers who offer returns and have good pictures and descriptions. What you are proposing is basically blackmail and could get you de-listed as an ebay member. Might be better to contact the seller again and withdraw the threat and simply put it down to a learning experience. |
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Bedrock of the Community
United States
10982 Posts |
Quote:
It is funny you should say that halfa, my email to the seller stated, "You sold me for $12.50 what I could get from a coin dealer for $3.00 - $4.00" and I told them that I would hold on my "feedback" till I hear from them. I want two more similar rolls for free or they get a negative feedback. $6.00 a roll makes it more tolerable. Luckily, this is not high finance. Even 1,000 rolls, if you could make $9 a pop profit, wouldn't work out to a lot of money, if you counted your time at $20.00 an hour.
Are you trying to extort the seller for a positive feedback now?! Did you agree to buy the rolls for $12.50?! This is a clear violation of ebay policy which can get you banned. Not to mention unethical. I hope I'm reading this wrong but it sounds like you bought something for an agreed upon price and now have buyer's remorse. A contact is a contract and you my friend have a legal contract. The negative feedback threat is a joke and should be removed by ebay if it appears.  Edited by BH1964
12/22/2008 5:18 pm
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Pillar of the Community
United States
5318 Posts |
Unless the seller clearly misrepresented the item, I'd just chalk it up as a "lesson learned" (imo). I once bought a big bag on "bank sealed, unsearched wheats" on ebay...it was educational.  |
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Replies: 30 / Views: 2,532 |
Posted 12/22/2008 11:47 am
