Did anyone here ever buy one of those "unsearched" lots of coins and find anything good?

ms70

pharmer

I seem to remember, about the time I started, someone claiming they bought one of the last of those from a seller, and that they had found the s-vdb that was promised, while proclaiming the seller as the second coming.

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xbob

Far from unsearched for sure. I bought a few when I got back into collecting a while back. The full retail total of the coins was about what the lot cost. Sometimes slightly higher. However, where can you unload common circulated coins for full book retail? They were fun to search though and practice grading.

I never got one with a valuable "seed" coin that those sellers surely plant just to get the feedback that drives more sales.

I think putting the same money toward a coin you want to buy is a better bet than these "treasure hunts".

ksteelheader

I bought an unsearched bag of 1000 Lincoln Wheaties from a local dealer about four years ago for $39.95. My grand daughter found a 14-D which we sold for about $100.

LeeG

When I first started collecting 2 years ago I went for the coin in a sealed envelope for $1. 1921 Morgan in one of them graded MS64 at PCGS