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Federal reserve rolled cent question

I'm seeing some supposed to be federal reserve rolled lincoln cents. Every federal reserve roll is usually labeled, anyone know if they've made blank brown paper rolls?
I have a feeling something is fishy about these, your thoughts?

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    ifthevamzarockinifthevamzarockin Posts: 8,498 ✭✭✭✭✭

    Welcome to the forum! :)

    There are plenty of rolls on the market that are made to "look like" older rolls.
    Use caution! ;)

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    291fifth291fifth Posts: 23,945 ✭✭✭✭✭

    During the 1950's and early 1960s huge numbers of rolls and bags of coins were hoarded with dreams of future riches. That market collapsed in May of 1964. In recent years on-line videos have promoted many "fortune in your pocket change" type things such as minor varieties, minor "errors", and "unsearched" rolls. Buyer beware, buyer beware, buyer beware. Unethical sellers abound.

    All glory is fleeting.
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    olympicsosolympicsos Posts: 698 ✭✭✭✭

    @291fifth said:
    During the 1950's and early 1960s huge numbers of rolls and bags of coins were hoarded with dreams of future riches. That market collapsed in May of 1964. In recent years on-line videos have promoted many "fortune in your pocket change" type things such as minor varieties, minor "errors", and "unsearched" rolls. Buyer beware, buyer beware, buyer beware. Unethical sellers abound.

    There are people who still believe this. There are people who still believe that nickels (yes nickels), dimes and quarters have silver in them.

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    Thanks for the reply! From the response I gather my gut feeling on these are shared with others and will steer clear of these rolls. With lack of federal reserve markings and the condition too go to be true.

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    Contacted seller, he said they are original bank wrapped......by his bank from a mint bag so not quite original.

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    JimnightJimnight Posts: 10,821 ✭✭✭✭✭

    You're on the right track!

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    jmlanzafjmlanzaf Posts: 31,997 ✭✭✭✭✭

    @Jderyke said:
    Contacted seller, he said they are original bank wrapped......by his bank from a mint bag so not quite original.

    That is often as original as they get. Most coin wrapping gets done after bags of coins are shipped from the Mint

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    Shane6596Shane6596 Posts: 759 ✭✭✭✭✭
    edited February 17, 2023 11:38AM

    Buyer beware indeed. I got sucked into the hype before i knew much about them. Only bought a couple rolls cheap, but im sure they had been searched already, even tho described as "unsearched".

    There are a bunch of videos on utube that talk about this in depth.

    How they make rolls look old, how they fold them, how they tease with a certain coin showing on the end.

    Do your research before buying any.

    For me, i wont be buying anymore "unsearched" rolls.

    Successful BST transactions with....Coinslave87, ChrisH821, Walkerguy21D, SanctionII.......................Received "You Suck" award 02/18/23

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    HalfDimeDudeHalfDimeDude Posts: 1,205 ✭✭✭✭✭
    edited February 17, 2023 6:37PM

    @Jderyke said:
    I'm seeing some supposed to be federal reserve rolled lincoln cents. Every federal reserve roll is usually labeled, anyone know if they've made blank brown paper rolls?
    I have a feeling something is fishy about these, your thoughts?

    No they didn't use plane wrappers ,how I know my father spent 47 years with the fed. And a many a roll of coins came home . Including two rolls on a March night 1964 of Kennedy halfs that were to be released the next day. Which the banks were sold out in hours.

    And paper money came in bricks with plywood ends banded together with the run numbered on the front ply wood piece. As a kid I made bird houses as well other scout related projects from them.

    "That's why I wander and follow La Vie Dansante"

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    rickoricko Posts: 98,724 ✭✭✭✭✭

    @Jderyke... Welcome aboard. You did well to question the situation... and your gut feel was correct. Many years ago, some deals could be found (i.e. on ebay)... Now, mostly scams... Cheers, RickO

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