Bank rolls. Good deal?
Placid
Posts: 11,299 ✭✭✭
I was thinking about buying a few rolls of franklin half's from the 50's.
If I do buy some will a seller usually let me return them if I do not like the coins once I open them or is it buy at your own risk?
If I do buy some will a seller usually let me return them if I do not like the coins once I open them or is it buy at your own risk?
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Comments
But with roll quantities, sellers might be stricter on their return policies. Otherwise everyone would cherrypick them to death.
2. As for rolls of Franklins, unless you are absolutely 100% certain that they're original rolls, I wouldn't take a chance on them.
3. Even if they were original rolls, some dates are absolute dogs, so you want to stay away from them - you'll wind up with a bunch of 60-63 stuff if you're lucky. These would include early "D" mint halves (48D - 52D). Other dates I would stay away from would be 53P, 54P and anything in the 60's, except maybe 60P.
Most of gem Franklins at this stage come from mint sets. The likelyhood of finding a worthwhile MS65 or 66FBL half in a single roll I would say is less than 5%. Now - if you find a bag quantity of 50's Uncirculated halves, you may get lucky.
Frank
Would you return the rolls if you found a roll full of 1953S MS65FBL halves? I don't think so - Rolls cannot be cherrypicked, and at the same time cannot be sent back because you don't like them usually. IMHO.
Frank
Just a general what should I expect for return rights of "bad rolls" if I choose to buy.
Frank
Buying "original" rolls is very tricky business, especially sight-unseen. I would try to buy one and check it out, then buy more if it looks legitimate.
But I've been burned even doing that... I was repeatedly buying Ike rolls from a guy once to search and the quality kept getting worse and worse. Finally found out halfway through the guy decided to cherrypick them before sending them to me.
With that said, as long as you start out with reasonable expectations, it can still be fun. The few "original" rolls I have purchased on ebay have appeared legitimate -- e.g. -- a 1964 Kennedy roll averaged between MS63-64, with the best coin (which I submitted) grading MS65. The Kennedy experts will need to tell me if the absence of a 66 suggests the roll was picked through.
MS66 Kennedy's of that time have to be pretty darn clean. I would doubt that they came from run of the mill rolls - more likely mint sets.
Frank
Frank