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 Replies: 13 / Views: 4,661 |
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Bedrock of the Community
 United States
24906 Posts |
Before buying an "unsearched" or "unopened" roll of coins, consider the following. Since there is a token at one end and a Flying Eagle cent at the other, how do they know it's a roll of wheat cents if it's "unopened"?   Inordinately fascinated by bits of metal with strange markings and figures
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Moderator
United States
187582 Posts |
You see this, you move along!
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Bedrock of the Community
United States
94367 Posts |
And don't ever seriously entertain one of these stupid offers again.  |
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Bedrock of the Community
 United States
24906 Posts |
I saw that this morning, and at the time the bid was $120 (+ 18% buyer's premium and shipping).  Inordinately fascinated by bits of metal with strange markings and figures
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Pillar of the Community
United States
3634 Posts |
I'm always surprised when folks get taken in by these types of deals. Some people just have to learn the hard way...
Member of SPMC, FCCB, ANA and ANS. My U.S. Classic Commemorative Complete Set: https://www.NGCcoin.com/registry/co...sets/278741/My U.S. Fractional Note Set: https://notes.www.collectors-societ...eSetID=34188 |
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Pillar of the Community
United States
2910 Posts |
There are some legit sellers on ebay who do sell original rolls... this certainly ain't one of them. CRH Nickeloholic. 1,600,000 nickels searched in eight years! Have found FOUR complete Jefferson sets!
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Moderator
United States
54280 Posts |
What is an "original roll"?
Show your financial support of the Coin Community Family (click here)See my topic on Mexican Numismatic Medals (click here) |
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Bedrock of the Community
United States
94367 Posts |
Indeed. The only original roll I can think of would be a bank-wrapped roll of BU coins from the year of issue.
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Moderator
Australia
16806 Posts |
Quote:Since there is a token at one end and a Flying Eagle cent at the other, how do they know it's a roll of wheat cents if it's "unopened"? I have pointed out this logical fallacy on numerous occasions. Technically, they're not lying. Since they created the roll themselves, they can say for certain that it's "unopened" - no one has opened up the roll since they rolled it up. "Unopened" is, in that sense, a weasel-word, devoid of any actual meaning while pretending to be a meaningful word. "Unsearched" would have been a much more blatant lie, since the coins have obviously been thoroughly sorted, and the order within the roll pre-arranged before wrapping to place the two oddities on the ends. What they are lying about, by omission, is the date at which this rolling-up of the coins occurred. The deliberate use of an old-looking wrapper stamped with the BoA name, combined with the use of a "shotgun" wrapper, is intended to deceive the buyer into thinking the bank itself must have done the wrapping. Quote:
I'm always surprised when folks get taken in by these types of deals. Some people just have to learn the hard way... I'm reasonably sure that many of the participants in such auctions are akin to many of the people who watch professional wrestling - they know it's all fake, but they are nevertheless entertained enough to hand over cash. I have seen people posting on this and other forums, along the lines of "yes, I know it's not really an unopened/unsearched/original roll, but the coins on the ends intrigued me enough to toss in a bid". The people who make such auctions genuinely don't care whether you're aware of the fakery or not... so long as you place your bids. Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Pillar of the Community
United States
2910 Posts |
Quote:
What is an "original roll"?
A roll which is essentially untouched from the time it was rolled by the Fed, bank, etc... the below 5-star user on ebay is always offering a few "original bankwrapped rolls" of coins, usually by year and mintmark. He always receives glowing comments from his buyers: https://www.ebay.com/sch/3358/i.html?_ssn=tomhugreQuote:
Indeed. The only original roll I can think of would be a bank-wrapped roll of BU coins from the year of issue.
Coinfrog, this is almost always the case... However, we should take note of my silver dime hoard (450 coins) that I found CRH a little over two years ago... There were nine rolls total - five CWR, and four OBW. Three of the OBW rolls were BU 1964-Ds. However, the fourth OBW roll (which was actually short one coin) was mixed dates, with not a single 1964 amongst them - yes, that roll had been sitting untouched since 1963! CRH Nickeloholic. 1,600,000 nickels searched in eight years! Have found FOUR complete Jefferson sets!
Edited by John77
06/01/2023 10:43 am
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New Member
United States
18 Posts |
If you buy unsearced rolls, I have a bridge to sell.
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Pillar of the Community
United States
2951 Posts |
 with the above discussion, but I have another thought  What if some of these rolls (of course not all of them  ) were rolled long ago from common folk wanting to stash a few rolls away and put in random pocket change of theirs not caring what they put in these rolls? Then along comes this generation and discovers these rolls again and sells them as is? So would that be considered "original rolls" once removed from the mint?  |
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Pillar of the Community
United States
2910 Posts |
Quote:
What if some of these rolls (of course not all of them ) were rolled long ago from common folk wanting to stash a few rolls away and put in random pocket change of theirs not caring what they put in these rolls? Then along comes this generation and discovers these rolls again and sells them as is?
So would that be considered "original rolls" once removed from the mint?
Not really... "original rolls" is a term usually used in reference to original bankwrapped rolls of BU coins taken from the bank the year they were minted - the type Tom Hugre specializes in on ebay. That said, my 450 silver dime hoard from 3 years ago included six avg. circulated rolls of dimes that presumably were untouched for 57-58 years... so, in your sense of the definition, those rolls were "original rolls"... and I found a few difficult Roosy dates (such as 1949 coins) in said rolls. CRH Nickeloholic. 1,600,000 nickels searched in eight years! Have found FOUR complete Jefferson sets!
Edited by John77
05/22/2024 8:48 pm
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Moderator
Australia
16806 Posts |
Quote:
What if some of these rolls (of course not all of them ) were rolled long ago from common folk wanting to stash a few rolls away and put in random pocket change of theirs not caring what they put in these rolls? Then along comes this generation and discovers these rolls again and sells them as is?
So would that be considered "original rolls" once removed from the mint? This goes back to what I've often said about this subject: that yes, in theory, genuinely "unsearched" rolls may exist and be sold on ebay - but the people selling them don't know they should be using the word "unsearched", because it wouldn't occur to them that being unsearched was something desirable. They would probably use an auction title like "old roll of coins". If they know enough about coins to know that "searching" an "unsearched roll" is likely to gain them more money overall by selling rare finds individually, then they themselves will open the roll, "search it", and sell the coins from it. Which leads back to the same general adage: if they're using the word "unsearched", then you can be 100% sure they are lying. Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Replies: 13 / Views: 4,661 |
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Posted 05/29/2023 5:16 pm
