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To Buy Or To Search LWC's

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Valued Member
perhunt29's Avatar
United States
50 Posts
 Posted 10/23/2010  1:23 pm Show Profile   Bookmark this topic Add perhunt29 to your friends list Get a Link to this Message Number of Subscribers
I have been roll searching cents for about six months now, and have accumulated a nice stash of wheaties. However, I did something yesterday that I did not see myself doing. I went into a coin shop with no intention of buying AU wheaties, but I came out with around $28 worth. With this $28 I bought a very nice run of '58-'41 LWC.
The question I have is how long did some of you folks search wheats before you just broke down and started buying your needed coins? I know there is a lot of fun in the hunt for coins, but how many of you just bite the bullet and buy what you need? Someone on here told me when I started coin collecting a year ago that as you mature as a coin collector you will see your standards change. This is what I think happened to me yesterday at the coin shop!?!
Pillar of the Community
Tim Stroud's Avatar
United States
2661 Posts
 Posted 10/23/2010  2:14 pm  Show Profile   Bookmark this reply Add Tim Stroud to your friends list Get a Link to this Reply
I only buy bulk either from members here or at estate sales. With the exception of my 1909 VDB.
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scotty11's Avatar
United States
1042 Posts
 Posted 10/23/2010  2:50 pm  Show Profile   Bookmark this reply Add scotty11 to your friends list Get a Link to this Reply

Quote:
how long did some of you folks search wheats before you just broke down and started buying your needed coins?


I only need 1 to complete the set that my father started. (this set does not include the 22 no-d)

I know that I'll have to buy the 55 DDO if I ever do decide to fill the empty hole. Maybe I will someday...but for now I'm happy with the wheats I find via roll-searching.
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insideout's Avatar
United States
591 Posts
 Posted 10/23/2010  2:56 pm  Show Profile   Bookmark this reply Add insideout to your friends list Get a Link to this Reply
Well myself I roll search and buy. I buy the ones I put in my Dansco album. Unless I get really lucky. I save all my wheaties unless they are just really nasty. My buy a push in for the circulated ones
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KenKat's Avatar
United States
4085 Posts
 Posted 10/23/2010  3:11 pm  Show Profile   Bookmark this reply Add KenKat to your friends list Get a Link to this Reply
I am working on filling my Lincoln Cent collection with BU Red or Red-Brown coins; I am working my way back into the early 1930's now. No choice but to buy these.

It will all depend on what your goals are. If you are building an AU set, it will be increasingly difficult (at some point near impossible) to find these at face.

Ken
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Maineman750's Avatar
United States
3592 Posts
 Posted 10/23/2010  3:35 pm  Show Profile   Bookmark this reply Add Maineman750 to your friends list Get a Link to this Reply
I like to find mine. I've bought a couple, but only at a fraction of their value.I've been collecting LWC's for over 40 years and still need a 14-d,22 no d, and a 55 DDO. I almost think completing the set would be a let down.The fun for me is in the search or finding a key in a large lot at auction.
Valued Member
4721butch's Avatar
United States
286 Posts
 Posted 10/23/2010  4:49 pm  Show Profile   Bookmark this reply Add 4721butch to your friends list Get a Link to this Reply
I roll search and go to auctions I am to cheep to go to coin stores
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John1's Avatar
United States
56855 Posts
 Posted 10/24/2010  07:23 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
You (and i) are not too cheap,we are FRUGAL
John1
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lukkyseven's Avatar
United States
880 Posts
 Posted 10/24/2010  10:19 am  Show Profile   Bookmark this reply Add lukkyseven to your friends list Get a Link to this Reply
What's the best way to get rolls to search through? I've done a few off of ebay since my book was near empty, but they have been mainly disapointing.
Bedrock of the Community
United States
20753 Posts
 Posted 10/24/2010  11:52 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
I suspect that roll searching is just about the poorest method of finding coins. Naturally there is always the exception, but I think it's really to late to find anything anymore. There is always the people that have had coins laying around for years and due to the economy are now turning them in to banks. And for some unknown reason they take the time to roll them. Same with criminals that steal coin collections.
I USED to buy $50 bags of Cents from different banks all the time and built up a fantastic amount of sets of them. This was a long time ago though. You must remember that many of the older coins have mintages of below 100,000,000 and many are in the low millions. Now if you consider how many have been melted down, thrown in lakes, rivers, oceans. Then consider how many are hoarded by Copper hoarders. Then consider our population now at over 300,000,000 and then throw in Canada and Mexico populations. And almost every kid on Earth collects pennies you know. Really not much chance today of finding a complete collection in change.
BUT then again, you really never know.
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captainkurt's Avatar
United States
1406 Posts
 Posted 10/24/2010  12:10 pm  Show Profile   Bookmark this reply Add captainkurt to your friends list Get a Link to this Reply
I roll search for my circulated sets. Always updating found coins in my folders with better examples. I really enjoy this type of collecting. However, my AU/MS collection is another story. Once I started the AU/MS Wheat penny collection the coins have to be purchased. I enjoy having separate collections. The circulated set shows me what I can find and how amazing a great condition find is when I put it in my folder. The AU/MS collection is a passion and will take a lifetime to compile.
Valued Member
Buzzard's Avatar
United States
156 Posts
 Posted 10/24/2010  3:43 pm  Show Profile   Bookmark this reply Add Buzzard to your friends list Get a Link to this Reply
I had a LWC collection that I had put together as a teenager by roll searching and buying the occasional mixed wheatie roll from the local coin store. Last year I decided to transfer them to a Dansco album. After removing coins that were harshly cleaned or badly damaged, I discovered that I was 35 coins away from a completed set of LWC in VG or better condition.

I am buying the remaining coins individually. Right now, I have 16 to go: 1914-D, 1931-S, and a random scattering of dates that I just haven't seen nice examples of yet. One of the side effects of this method of collecting is that the keys and semi-keys are in better shape than the coins around them, because I am selecting them more carefully.
Valued Member
Manuel's Avatar
United States
163 Posts
 Posted 10/24/2010  6:05 pm  Show Profile   Bookmark this reply Add Manuel to your friends list Get a Link to this Reply
I buy and search, since the oldest things I've ever found roll hunting are:
Cent: 1941 (It wasn't even United States! It was Canadian)
Nickel: 1940
Dime: 1965
Quarter: 1965
Everyone collects coins here! I can't find anything good unless it's brand new from the last few years. Even then, some of them are in bad shape.
Valued Member
perhunt29's Avatar
United States
50 Posts
 Posted 10/24/2010  6:20 pm  Show Profile   Bookmark this reply Add perhunt29 to your friends list Get a Link to this Reply
Well I enjoyed reading everyone's take on the issue. I will agree with many of you that searching is fun and sometimes successful, but the chances of finding the quality we yearn for is not quite as successful!
Valued Member
Sprucansailor's Avatar
United States
188 Posts
 Posted 10/24/2010  10:36 pm  Show Profile   Bookmark this reply Add Sprucansailor to your friends list Get a Link to this Reply
You could probably complete a 1940 - present from roll searching. With the possible exception of the 1943 steelies. Anything earlier would take forever.
Valued Member
4721butch's Avatar
United States
286 Posts
 Posted 10/25/2010  08:41 am  Show Profile   Bookmark this reply Add 4721butch to your friends list Get a Link to this Reply
Roll searching is fun you never know whats is in that next roll.I look for errors and blank planchet + dates to fill albums I want to fill as many coin books as I can so I can give them to my kids and grand kids.
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