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Replies: 36 / Views: 10,328 |
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Pillar of the Community
3660 Posts |
I have noticed (for a long time now) that coin collectors are some of the most distrusting folks around....I have wondered about this.... and this thread has made me realize that maybe there is some basis for that. While some folks stated that the toning is not right, or they have seen this sort of stuff many times before and see it for what it is, or the auction was obviously over-hyped, I am not familiar with all of that, so I have little reason to distrust the person, but I do distrust the item, and for different reasons than everyone else's. In 2007, I owned five rolls of Morgans very similar to those in the auctions....mine differed not only in date and mm (seven O reverses and three 1895 dates showing), but the biggest difference was in the wrappers themselves....my wrappers were disintegrating to the point where the bank name was just barely legible on a couple of the rolls, but still, the bank name was a valid one, it failed in 1895. Quote: The State Bank & Trust Company of Carson City was not established until 1903....It failed in 1907 I posted that earlier, but no one seemed to pay much attention to that....Actually, "The State Bank & Trust Company of Carson City" was a real bank.....(but)....was there ever a "Carson City State Trust Bank"?...(I don't think so)....Words in bank names are not interchangeable either. Another thing that struck me as odd about the wrappers is the area below Trust Bank appears to be scotch taped....if so, I might think that the adhesive would have yellowed with age, however, if the alleged tape is new, would this not defeat the notion of item originality? Maybe it isn't tape, but it sure looks like it to me. Who put these coins in these wrappers? I don't know.....Is the seller aware of what is in the wrappers? I don't know....Does the seller believe his own hype? I don't know. Wrappers in great condition with the name of a bank that never existed might cause me to have doubts about the item (rather than the seller) though.
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Bedrock of the Community
United States
14454 Posts |
you can get rubber stamps that say anything and put coins in a blank wrapper and stamp it with that 2.00 rubber stamp and make a fortune. When we are talking about morgans and the mystique behind CC and the Wild West it just brings the hype to a new level
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Pillar of the Community
United States
509 Posts |
The "NO RETURNS ACCEPTED" pretty much says it all.
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Valued Member
United States
253 Posts |
Original shotgun roll?  I don't think so . Early 1900's paper high sulfur and such. There would be a nice rainbow toning around the edges on the end coins  LET THE BUYER BE WARE! Coggie
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Valued Member
United States
56 Posts |
My friend actually bought one of these and it was bogus. CC on the end, which of course was an 1883 and a flashy looking "S' mint on the the other end that of course ended up being an 1880. The rest was High AU coins mostly common philly's. There was an MS60 1880 O, but no good. My friend called BS on him for the AU's and the seller quickly refunded no questions asked.
If you have to satisfy your curiousity go for it, but I am pretty sure he's just buying old bank wrappers and found and rolling machine somewhere. Think about it... Does anyone know any dealer that would have these and just sell them as unopened? No Way! He's not going to risk that being an 1893 CC DMPL
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Pillar of the Community
United States
4989 Posts |
One thing to note too is that the Reverse of those CC dollars often looks pristine. Flip it over and, more often than not, the obverse cheek looks like it has been run over by a car. Oops enjoy your MS-60 1883-CC and a bunch of AU junk in the middle of the roll. Goodbye $1500, hello misery.
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Pillar of the Community
3660 Posts |
Not necessarily....  ...in recently closed auctions of other rolls like this one, seller provides these words of wisdom: Quote: This is an investment that you want to not tamper with, and wait until you are sure a return on your money will come. Opening the roll now is risky, the longer you keep it in one piece, the higher return you will see. Possibly the avoidance of neg feedback (so far) supports sustained self confidence in the notion that the above warning is no longer necessary? See there...? Opening the roll to find out what you actually bought is not a smart idea.
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Valued Member
United States
455 Posts |
I tend to agree with the others opinions about the edge coins. If the roll hadn't been tampered with then there would have to be toning of some type on the exposed coins.
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New Member
United States
24 Posts |
I read all the posts on this and yes it might be good to be true, many or should I say most rolls have been searched, and I agree with "why is he selling them." With all that said, I am in AWE of these rolls, living in Nevada is great, and seeing all the "CC" coins that you know have been run through a slot machine in days past, to this beautiful roll of UNC CC's. Could they be real, is there a Santa Claus :-) WOW! Then I look at the their feedback and the hard sell about economic conditions. I believe CC's are in their own world, only fluxing with the numismatic market.
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Pillar of the Community
United States
4989 Posts |
Note these coins are in what appears to be a faked Carson City shotgun roll. That seller makes no guarantee whatsoever that all the coins will be a "CC" mintmark. Other buyers of these rolls have found the center littered with AU trash with anything BUT a CC mintmark. Caveat Emptor on this stuff...
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Rest in Peace
United States
5375 Posts |
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Pillar of the Community
United States
3283 Posts |
I'm so tired of the scams on ebay
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Rest in Peace
United States
5375 Posts |
I am too. And there's nothing we can do since we can't report the subtle ones. Well, nothing within the bounds of civilized behavior, anyway....
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Valued Member
United States
54 Posts |
It just amazes me that people actually (fairly routinely) buy stuff like that...I'm not the smartest person in the world, but c'mon...really?
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Pillar of the Community
United States
1081 Posts |
Quote: It just amazes me that people actually (fairly routinely) buy stuff like that...I'm not the smartest person in the world, but c'mon...really? When Xbox 360 first came out, prices skyrocketed and there were a lot on ebay getting 3x the retail value. People also started to sell the Xbox 360 box, just the box. The auctions in huge bold black letters clearly read "This auction is for the box only, no console." People started to bid and some of those boxes went for hundreds of dollars. People get all excited and don't read the auction, they look at the pic and then decide. Not smart, but it's their fault.
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Replies: 36 / Views: 10,328 |