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 Replies: 27 / Views: 3,260 |
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Pillar of the Community
967 Posts |
Maineman750, Do you ever buy a lottery ticket? I once bought a group of several thousand "unsearched" Jefferson nickels for about seven cents apiece. I figured that I would risk 2 cents on each. I ended up with over nine rolls of silver nickels in the group. |
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Pillar of the Community
United States
687 Posts |
He says he opened a few random rolls and found coins in the teens and a 1909-S. If that were true (and I'm sure it's not) no one would leave those coins unsearched before selling, no matter how many they have. The likelihood of finding an unsearched lot on ebay is low. The likelihood of finding something valuable in an actual unsearched lot is pretty low too. That means your chances of finding something valuable in an "unsearched" lot of pennies on ebay are very slim. |
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Pillar of the Community
United States
3592 Posts |
still lookin....no I don't buy lottery tickets...I'm just giving my opinion as was asked.And rollhunter just pointed out the obvious....if you want to believe this guy is just sharing the wealth...go ahead. The one thing that bothers me is that people fall for this stuff, then turn around and badmouth ebay. The old saying "If it's too good to be true, it probably is" didn't happen by accident. |
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Pillar of the Community
United States
757 Posts |
bingo. learned that lesson the hard way. I'm sure you can find an unsearched lot somewhere on ebay, but 99.9 percent of the time, the guy's probably lying. |
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Pillar of the Community
United States
2269 Posts |
If you ever feel uncomfortable with an auction, sometimes it's best not to bid.
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Pillar of the Community
967 Posts |
Anytime that you buy without having something in hand you are taking a chance. Sometimes it pays off, mot of the time it doesn't. I generally will buy only at a price that I wold expect for common dates. Then if thee is something good, then it just a bonus.
Actually my wife buys the lottery tickets. Part of the government's plan for redistribution of wealth.
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Pillar of the Community
United States
3592 Posts |
Another thought...I've actually won a lot of good stuff...but it has always been from people that don't normally sell coins or from bullion lots....I have a 1917-D posted on grading classics right now that was in a bullion roll...and I have a 1909-S vdb bought from a guy that sells antique furniture...he said it was a 1909-S...but he didn't know anything about coins so I had a great surprise. So yes there are some deals,but they won't be advertised.Pay for what you see,not what you hope for.
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Valued Member
United States
167 Posts |
great advice maineman - like the old saying "buy the coin not the holder"
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Valued Member
 United States
497 Posts |
Your all right. I have no interest in these I just came across them and noticed it. I would go in an ask the store owner to crack open a few rolls to prove to me their all wheats. If they found a 1909 S wouldn't it make more sense to open them all?
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Pillar of the Community
United States
592 Posts |
Why in the world would you pay bid or pay shipping for Bank Boxes? Just go to the bank & buy a box! I do not get it. Some one had to sort (search?) out the wheaties to get rolls of wheat cents. As PT Barnum used to say............
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Pillar of the Community
United States
1424 Posts |
$160 final bid for $75 worth of common coins....all they did was to buy a Coin Wrapping Machine and dump all of their common date wheats in it. There is no way these "Unsearched" rolls have been sitting around for 50+ years since the wheat design was replaced with the memorials. |
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Pillar of the Community
United States
1952 Posts |
you also have to look at the box. the box is new so someone had to roll them and then box them. they may be unsearched but I wouldnt take the chance
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Replies: 27 / Views: 3,260 |
First Page
Posted 10/30/2010 10:09 am
