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Big Lots On Ebay Such As This One. Worth It?

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Valued Member
neuron's Avatar
United States
254 Posts
 Posted 05/05/2006  11:32 am  Show Profile   Bookmark this reply Add neuron to your friends list Get a Link to this Reply
I've seen that auction a million times, too. I've always wondered if the guy's floorboards are warped from the weight of all those coins... and if he made his kids clean them up after he dumped them all over the living room. I guess I'm assuming that it is a male seller, but really what female would make such a large mess with old dirty coins?!

Regards,
~neuron
Member
laxmaster92's Avatar
United States
1154 Posts
 Posted 05/05/2006  10:55 pm  Show Profile   Bookmark this reply Add laxmaster92 to your friends list Get a Link to this Reply
ITs a women I think. IAsked them a question and they were like marsha I think lol. Ok back on track. Tommorow I'm going to go to the bank. I'm going to get 20.00 in rolls of coins. Rolls of pennies, nickles and dimes.
What kind of coin to look for in each. Example date, mint anything else?

Please tell for each type of coin,
THanks alot!!!!!
Member
laxmaster92's Avatar
United States
1154 Posts
 Posted 05/06/2006  10:12 am  Show Profile   Bookmark this reply Add laxmaster92 to your friends list Get a Link to this Reply
Anyone?
Valued Member
Margaret's Avatar
United States
194 Posts
 Posted 05/06/2006  10:33 am  Show Profile   Bookmark this reply Add Margaret to your friends list Get a Link to this Reply
Laxmaster

if you have the RedBook, you can go through it and make notes of what year coins to look for, such as double dates, dies, or mint marks. There are also many web sites you can look at for info, Coneca is one, they will have lists of coins that carry a premium. Coppercoins has a very detailed list for pennies.

You may find some interesting Cuds, off strikes and other things that make the coin more then run of the mill. I always look for coins that are just very good examples of that year. No or few contact marks, no errors, just a nice coin. It just depends on what you are after. It can be a lot fun looking.

Hope you find something great. Enjoy!

Margaret
Member
laxmaster92's Avatar
United States
1154 Posts
 Posted 05/06/2006  10:42 am  Show Profile   Bookmark this reply Add laxmaster92 to your friends list Get a Link to this Reply
Thanks ill check out those sites and take yor advice.
Thanks alot!

Also anotheer thing. IS there any possibility that you can find an Indian Head cent or a really old coin still or did they all get sweeped up and out of circulation?
Edited by laxmaster92
05/06/2006 10:44 am
Pillar Of The Community
crystalk64's Avatar
3147 Posts
 Posted 05/06/2006  12:22 pm  Show Profile   Bookmark this reply Add crystalk64 to your friends list Get a Link to this Reply
Well let me give you a little example of a cheap gamble! I purchased 5 rolls of 2006 Lincoln cents from my coin dealer recently for a $1.10 per roll and before I left the shop I added another five rolls. My instincts, for whatever they may be worth, was telling me to search those darn rolls. Found a major die break in the first roll so I was more than interested from that point on. Eventually I had numerous examples of the beginning die break (cracks) that turned to a really pronounced set of cracks and finally that huge chunk of die came out of Lincolns head which created the major die break that looks like a small mountain range on Lincoln's head. I returned to the coin shop the next day and bought the last 7 rolls he had. Again I had the same results! Last weekend I sold 10 of each stage of the break (cracks) for $90.00 and still have a few examples left to sell or add to my collection. The great part of this whole story is simply that I trusted my instincts and was apparently the first to discover this particular major die break on a 2006 Lincoln and I have now quadrupled my initial investment on TRULY UNSEARCHED coins fresh from the Mint and Federal Reserve! And, on top of it all, I had fun doing it. Guess there is still a little fun left in modern coins and to think I don't even collect error coins! Now the bad news is my coin dealer has bought another case of 2006 Lincoln cents and the darn things are calling out to me every time I go in his shop! Oh, I also took a few of the searched rolls to the bank and deposited them into my 4 year old son's savings account so the whole deal has benefited my coin dealer (he sold the coins and made a few bucks), me as I searched the coins, made the find, and made a few bucks and my son who will someday take over my collection and the bounty in his savings account! Guess that is the best $18.70 I have spent in a while!!!
In ending I would have to say that every action will have a reaction and they all start with your initial decision. If you buy a grab bag anywhere, including ebay, be prepared for a reaction you were not expecting. You must learn to read through all the bull and the hype to get your hard earned money! TRUST your INSTINCTS GRASSHOPPER!!!
Edited by crystalk64
05/06/2006 12:27 pm
Pillar of the Community
djluster's Avatar
United States
1327 Posts
 Posted 05/06/2006  12:51 pm  Show Profile   Bookmark this reply Add djluster to your friends list Get a Link to this Reply
one think I would do if I was you and wha tI did do was went to the coin shop and bought some dansco coin folders. one for Cents, nickels, and dimes. so when I go thought the rolls I start to feel up my books that is a good way to start your collection. I know there are a lot of collectors who completed set just out of circulation. So if you don't have folder I would go get yourself some. If there is not a coin shop buy you I know alot of bookstore carry coin folder to. or you can alway find them online. you what I do when I buy rolls from the bank also liek other said look for breaks or errors. Have fun and good luck and since I have not had good luck with ebay grab bag auctions I would say stay away.
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crystalk64's Avatar
3147 Posts
 Posted 05/06/2006  6:45 pm  Show Profile   Bookmark this reply Add crystalk64 to your friends list Get a Link to this Reply
Well I just returned from my coin shop and YES I couldn't help but buy 5 more rolls of 2006 Lincoln cents. I figure, after searching these, I can always go back and buy the rest of his rolls. Will have to keep everyone posted as the 2006 Lincoln Cent double dies were found in Indiana so maybe I will be lucky this time?
Valued Member
neuron's Avatar
United States
254 Posts
 Posted 05/06/2006  11:33 pm  Show Profile   Bookmark this reply Add neuron to your friends list Get a Link to this Reply
Here is my list of dates to scan before putting my change away:

Pennies:
< 1959
1969-S
1970-S
1972
1984
1995

Nickels:
< 1946
1946-D
1949-D/S
1950-D
1954-S/D
1955-D/S
1994-P
1997-P

Dimes:
< 1965
1982
1996-W

Quarters:
< 1965
1976

Half Dollars:
< 1971
1982

I can't remember exactly why I scan for most of these, but I'm thinking doubled die varieties that might exist. I keep the list next to my change cup and scan through them from time to time before transferring to my change jar, which is eventually taken to the bank.

Good luck!

Regards,
~neuron
Pillar of the Community
scoutjim99's Avatar
United States
4589 Posts
 Posted 05/07/2006  12:21 am  Show Profile   Bookmark this reply Add scoutjim99 to your friends list Get a Link to this Reply
Yeah unsearched sure, that is impossible some of those coins were how old sombody searched through it evn if it was just a quick sift through it
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Susanlynn9's Avatar
United States
5877 Posts
 Posted 05/07/2006  08:49 am  Show Profile   Bookmark this reply Add Susanlynn9 to your friends list Get a Link to this Reply
It is my opinion that auctions such as this one are a way to enable the seller to get rid of a lot of common date wheat cents and get more for them as they're also baiting a bidder with some silver. Believe me when I say that most of what you're going to get are average circulated, common date wheat cents that have already been searched multiple times with nothing good left in them.
Rest in Peace
Mike's Avatar
United States
2884 Posts
 Posted 05/08/2006  01:33 am  Show Profile   Bookmark this reply Add Mike to your friends list Get a Link to this Reply
Remember, unsearched maybe by the current seller, but unlikely unsearched in the past. Many dealers will buy large bulk wheaties(5000 plus) and do not have or spend the time searching them because their time is better spent on other things. At any rate, it is a gamble I would not bother with. Mike
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