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 Replies: 34 / Views: 5,246 |
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Valued Member
United States
497 Posts |
Looking around not really wanting to buy now since I'm short on cash since Black Ops is comming out and just spent about 300 in silver. Being a YN is tough to keep up with quality coins. So for me times are a little tough  But X-mas is comming up  and i'll get some cash and was just wondering if anybody has any sellers saved with truly unsearched lots. Doesn't really matter what kind of coins I just want to make SOME cash. |
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Pillar of the Community
United States
2120 Posts |
Realistically. there is no such thing. someone somewhere searched it at one time. What you want Is someone who honestly bought a hoard, grabbed handfuls (shotgun rolls), and is selling them.
And even 99.9% of those people were Skimming (not searching, see the difference) as they made the rolls.
If you want to buy an "un-searched" roll just pick someone who has really high feedback (for me it would have to be 100% and over 10k auctions, tbh), and only buy them at a price to where if you received all common date worthless coins, you wouldn't feel cheated. When buying, for example, wheaties, I try to get them at 5-6 cents per. That was a roll is only gonna cost me about $2.50-$3.00.
Btw, if you see anyone selling the "OMG LOOK THERE IS A MERCURY/IHC/BARBER/ AT THE END" just pass, its garbage. It will be a roll of 40-50's wheaties and a common mercury, but youll pay $10 for it.
TL;DR No such thing, just pick someone, pay only a price you're happy with for all common dates.
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Pillar of the Community
United States
809 Posts |
I agree with ianmprice! there really is no such thing as "unsearched" because if they are putting up a lot for bidding on ebay...they have searched the coins!  |
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Valued Member
United States
462 Posts |
There is a series of eBayers that sell 40 coin lots of SLQs. It's a little pricey to play (melt minimum) but people have made HUGE finds. Two 1916's top the list. I have seen a 1927S, and maybe a 1921 recently, though I'm not sure. Occasionally you see nicer (VF) pre 1925 thrown in with the jetsam.
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Valued Member
 United States
497 Posts |
pinenut; what is the sellers name?
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Pillar of the Community
United States
3592 Posts |
andrew...just search ebay for "unsearched quarters" and you'll find what pinenut is talking about..however, they post good pics and have a large following so it's tough to get a good buy anymore...it's a group a several sellers all working together somehow |
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Bedrock of the Community
United States
10045 Posts |
I find the "unsearched" concept very amusing, because a seller who truly has an unsearched cache (and realized it), would consider the value potential--and probably look for key dates.
You have a better chance at buying something which is unfamiliar to a US dealer, such as Aussie or Canada coins. I have found unsearched Canadian cents at American dealers.
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Pillar of the Community
United States
687 Posts |
Your best bet are lots of coins that require some knowledge beyond the absolute basics of reading the dates in order to find valuable keys. Buffalo nickels and Standing Liberty quarters come to mind. No one will be able to tell you for certain which ebay sellers are selling unsearched lots. There's no way to know for sure. You won't know even be able to tell for sure after you've bought them. Please remember that even an truly unsearched lot is likely to be common crap. Just look at the the boxes you can buy at the bank. How many do you have to search to find something valuable? Because those "lots" are as unsearched as they get. |
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Valued Member
United States
497 Posts |
but rollhunter.. if you have a box of silver dimes instead of a box of mixed dimes, your more likely to find keydates in the full box.
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Bedrock of the Community
United States
20753 Posts |
When it comes to coins on ebay they are ALL:1. UNSEARCHED 2. I know nothing about coins and someone wants me to sell these 3. My Aunt, Uncle, Father, Mother, etc. died and left me these coins so I'm selling them and no nothing about them' 4. I have these RARE, UNSEARCHED, NEW LOOKING coins and all are MS-77 5. All of the above. |
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Pillar of the Community
United States
1406 Posts |
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Valued Member
United States
497 Posts |
ms-77  |
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Valued Member
United States
463 Posts |
everything on ebay is a joke when it comes to unserached but every once and a while you may find something, again most likely not |
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New Member
United States
25 Posts |
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Pillar of the Community
United States
687 Posts |
Quote:
but rollhunter.. if you have a box of silver dimes instead of a box of mixed dimes, your more likely to find keydates in the full box. If it was buried in 1917, maybe, but if the coins were pulled from circulation in, say 1965, then no. Someone took the time to remove them from circulation and 99% of people who did that would know what the keys are. Even if grandpa pulled them and put them in a coffee can and no one has looked at them since, you can rest assured that grandpa was no slouch and would have noticed a 1916D or a 1921. Wheat pennies are even worse - most of the keys were removed from circulation long before production ended and since almost everyone from the 1950s on has collected pennies, any old stash has been passed through so many hands that you won't find anything valuable. ebay sellers who sell unsearched lots are banking on your dreams of scoring big. They can lie about the lots, salt the lots with a few semi-keys, or shill bid on things to improve their feedback. You can't prove any of it so it's completely risk free to them. Bidding on unsearched lots on ebay is worse than gambling because at least with gambling you have some idea of the odds. Bidding on unsearched lots is a sucker's game. The only way you can win that is if you get the coins for face or for melt for silver coins. And don't consider those SLQ finds talked about in the classic coins forum as unsearched lots. Those lots had pictures of the coins and were cherry picked ... that's something where you can get a good deal on ebay if you know what you are doing. Even a YN of limited means can do well by taking the time to learn how and what to cherry pick on ebay. There is some time commitment involved, but you can find some good deals if you are persistent and disciplined in your bidding. But hey, if you don't believe me, I have 2500 "unsearched" wheat pennies I could sell you  Edited by RollHunter
11/07/2010 10:51 pm
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Pillar of the Community
United States
7629 Posts |
I truly believe that any coin lot is only as "searched" as the knowledge of the person who built the lot. Since I tend to know quite a bit more about die varieties than the average dealer/coin seller (over 25 years experience with them and two books authored), nearly EVERY lot I get is unsearched to some extent. Of course there are no key date/mints in the lot, but doubled dies and RPMs tend to still be out there in number, and there's money to be made on them.
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Replies: 34 / Views: 5,246 |
Posted 11/07/2010 2:18 pm
