Yikes, a 1958-P roll and a 1937-S roll? I'm not sure what I'd do next, except maybe to look over the ends of all the rolls, and to put on some cotton gloves.
You might want to consider that a premium usually exists for (unopened) genuine OBW rolls.
Q: Are You Printing Money? Bernanke: Not Literally
Very impressive, do you have 2X2 flips and/or plastic tubes to put them in? I would be even more gentle with them, instead of piling them into a big pile. That is great!
Edited to add, let me be the first to offer to buy one from each roll
all i have left is half dollars & dollars flips lol ( i can not take it i have to open one more im take extra+ care with them babies ill try to post some good pics in a min i just hope thsi does not turn into a one more until there all opened
What is your plan ? Remember the old saying: Fail to plan, plan to fail. Some coins are very worthy of encapsulation and I can see a few that ought not be exposed to the environment for too long before seeing the grading room. (humble opinion).
Short answer: put on gloves, don't let them touch skin, get those coins off one another and never let them touch each other again-you're potentially turning MS66's into MS64's. Put them in the larger flips if thats all you've got, you can put one in each side un til you can get a bigger supply of cent-sized ones.
It's an interesting issue as to the best way to handle the unopened rolls. Now that you've documented they're really uncirculated rolls, you could put them up for auction that way, telling your dramatic story and showing the contents of the 2 opened rolls, while stating these rolls could potentially go all the way back to 1915. How about a roll of 24D's or 31S's or 22 plains? Of course you could wind up with a roll of 58's. You could and probably would get some pretty intense bidding on the unopened rolls. Collectors are sometimes gamblers and optimists.
Alternatively, you could open them and cherry out the best specimens, but if the rest are all 58 and 58d's, you would have been better off leaving them wrapped.
An interesting dilemma. I know what I'd do-I'm just too curious for my own good.....
I would try to find out, by looking at the ends of each of the 95 remaining rolls, what dates and mint marks you have.
I would also be very tempted to just open up the remaining rolls, just because I would want to have all of the fun opening the rolls. Especially if I had inherited, or been given, the coins. Not having any of my own money tied up in the coins would make me want to open the rolls myself. If they all turn out to be late 50's vintage, you have only lost out on selling the rolls under a grab bag scenario for a premium. However, opening the rolls and finding multiple rolls of Mint State cents predating 1940 would be a big thrill, especially if you lucked out and have some rolls from the 20's and teens in there.
Good luck, whatever you do. Let us know what happens and post more pictures, please.
Have something to put them in before you open any more rolls. Difficult to wait a day until you can go and get holders, but probably the best thing to do as you'll have somewhere to put them as soon as they are opened and exposed to the air and airborne dust, etc. That's what I'd do if they were mine.
Ok so far i have seen 37,46,47,48,1949,1950 roll of P,D & S/ 51-p,d&s 52,P,d&s 53,54,55,56,57,58,59,60 3 rolls of each yr P,D& S Still rolls that just have Rev on both ends
A lot of those years, the P is actually the more rare in high grade. I would stop, buy a lot of Flips to put the good ones into then go back to opening them, just my two cents, you have an awesome wheat collection there and I personally am very jealous.... Congrats!
<< <i>Ok so far i have seen 37,46,47,48,1949,1950 roll of P,D & S/ 51-p,d&s 52,P,d&s 53,54,55,56,57,58,59,60 3 rolls of each yr P,D& S Still rolls that just have Rev on both ends >>
I believe for the sake of collectors that you might hook up with a submitter in bulk who knows how to do the paperwork. It may be an expense well worth your investment. Many, many people are looking for such coins. Without FLOODING the market, the "select" can be cherrypicked. Who's your NUMISMATIST on board ?
<< <i>Ok so far i have seen 37,46,47,48,1949,1950 roll of P,D & S/ 51-p,d&s 52,P,d&s 53,54,55,56,57,58,59,60 3 rolls of each yr P,D& S Still rolls that just have Rev on both ends >>
I believe for the sake of collectors that you might hook up with a submitter in bulk who knows how to do the paperwork. It may be an expense well worth your investment. Many, many people are looking for such coins. Without FLOODING the market, the "select" can be cherrypicked. Who's your NUMISMATIST on board ?
This is my last post to the thread.
Make a plan >>
none im going to join pcgs so i can send coins in myself also i have jefferson nickels like this to1938todate all gem super nice alot of 5 steps , ill post 1 last picture in a lil while hour or so ill take 1-3 coins from each roll
The only way you are not wasting money is if these are all tails/tails rolls, which I expect they all are, if you don't know what they are before opening them. If you can see the date, definitely don't open it.
You are wasting money by opening these rolls. I would guess you've lost $1,000 on the 1937-S roll alone. >>
Just curious TDN, looking at these pics, you don't think there may be the possibilty of mulitple MS 67s in this roll of 50? And for my future reference, where are people paying $1000 a roll for unsearched rolls that go for 25 dollar each in MS 65 and 10 dollars (500 bucks for 50) in MS 63.
Edited to add: For the umpteenth time in this thread, PROTECTION OF THE COINS IS KEY, I would stop opening them at least until you have some good way to store the ones worth money. TDN, is a more accomplished collector than me, I will 100% admit that, but I do know wheaties, and I do know you have something that I wish I had, and would not sell in bulk, unless you have someone really wants to make it worth your while. my two cents. Again, congrats
i am not sure the original poster has the skill to pick out the finest from each roll? (sorry no insult meant. i do not have the lincoln skills either!)
tdn is giving good advice to a newbie who could sell the rolls as is, that are clearly a certain date for good good money.
opening them up without the right skills and knowledge could be throwing money away and having 1000s of loose cents lying around getting stored badly.
I agree, with you FC, and TDN, but selling in bulk may not be the way to go on this particular stash, and both of your regular specialties are not in wheats. I think steering the OP to someone whose speciality is that is better than to tell them to just sell the rolls in bulk. Sorry, but I see a lot more money here than just selling off some original rolls.
Edited to add, it is probably best to not open any more until you get more expert advice, you have a great find here
no offense, but the way you have the coins laying all over each other is BAD for them, and not the way that they should be handled.
If you carefully pull the paper off, rolling the roll away from you, you can easily grab a small stack of them at one time and set them carefully into small stacks - or even ONE at a time, if need be.
Be sure that you do this in a dust free environment, and don't leave them uncovered overnight - especially if you have pets, people, etc. Dust flies and settles quickly on coins.
I agree with those that said - Don't open anymore until you have flips. They ALL need to go directly into flips upon opening vs. scattering them around like in your photo.
Also, while you are there get a can of spray air to clean off your working area really good.
I have a rolltop desk that works perfectly - even so, dust still gets in.
Good luck, have fun - very exciting and NICE hoard!
P.S. go ahead and get the PCGS required size flips so that you won't have to transfer those that you choose to submit, if possible. Is that 2" size? (The least amount of handling the better, those flips can scratch coins, and accidents happen.
Careful there kee-mo-sabbi (sp)!
Yes, I would also be interested in one of each date of the ones that you choose not to submit.
I am just curious -- Do you know how to grade coins? Do you know how to spot an MS67 over an MS65, should you choose to pick out the best for grading. I would definitely send in at least 5 of each year to start with, and then as budget allows you can get more graded. Or if you are going to do a bulk submission, I am sure you can probably? get a better price from PCGS. Maybe some of the bulk submitters can post here and let us all know if there is a bulk submission discount. I would be curious to find out myself.
I would totally stop letting these coins touch each other. Send them all of to get slabbed. Then slowly trickle them out on eBay over the next 2 years or so (especially while the Lincolns are very hot in 2009). Seems like that would get bigger $ than selling an original roll in bulk. Just requires more work and patience.
I'm sure there's plenty of us here on the board that would pay a decent amount for one coin of each date you have... count me in and I'll buy a fresh new Dansco for these babies!!!!!
The '55-P rolls bid at $15.50. Unopened OBW '55-P rolls sell on eBay usually for $100 or more. Guess folks are hopeing to hit the DD lottery.
Just something to think about.
Regards,
John
Need the following OBW rolls to complete my 46-64 Roosevelt roll set: 1947-P & D; 1948-D; 1949-P & S; 1950-D & S; and 1952-S. Any help locating any of these OBW rolls would be gratefully appreciated!
Just curious TDN, looking at these pics, you don't think there may be the possibilty of mulitple MS 67s in this roll of 50? And for my future reference, where are people paying $1000 a roll for unsearched rolls that go for 25 dollar each in MS 65 and 10 dollars (500 bucks for 50) in MS 63. >>
There's not a chance at a single 67 in that roll... at least not with how PCGS is grading Wheaties these days. He'd be lucky to get a single 66.
1937-S? What a tragedy that roll got broken up!!!!!!!!!!
I know that forum member Oreville collects Original Bank Wrapped rolls and will pay a strong premium for dates he needs. I'm sure there are plenty of others that will do the same.
And for my future reference, where are people paying $1000 a roll for unsearched rolls that go for 25 dollar each in MS 65 and 10 dollars (500 bucks for 50) in MS 63.
I wouldn't have thought twice about paying $1,000 for an original bank wrapped roll of 1937-S cents. Instant check.
Here's the deal - you've got a potentially exciting discovery on your hands. Unfortunately, you've got alot of work to do, too. You might as well slow the heck down and prepare to enjoy the ride. There's no need to hurry any of this discovery.
If you don't have any new plastic tubes, you need to get them for those 37-S's, and some clean soft cotton gloves. You need to keep moisture and dust away from any of the coins that you have out, so get them covered or sealed up as carefully as you can. Fresh copper is quite sensitive. Don't touch them with your fingers, even by the edges if you don't have to. Maybe you haven't lost $1,000 yet, but it's possible if you screw it up.
Yes, it's possible that you've got some high grade (and possibly valuable) coins in the mix, so until you have a way to determine that, you need to do it right - either by becoming your own expert/submitter or by getting an expert involved, but be advised - the minute you bring another person in, they will expect (and should expect) to be compensated.
Most guys fantasize about a cool roll find. Now that you are at that point, be a good steward to the coins and the rest will take care of itself.
Added: Actually, now that the 37-S's are out, less damage is likely if you put them into individual Saflips.
Q: Are You Printing Money? Bernanke: Not Literally
Even though every one has now said don't open any more, and don't let them touch each other, etc, let me be the first to say THANK YOU for doing what the rest of us most likely could not. It's a great picture to see all those gem Lincolns in a big ol' pile!!!
I'm not a big lincoln guy, but those are beautiful and I could definitely become more interested with coins like that!
Those were apparently a complete or near complete set of obw rolls lovingly saved by a true collector from the 1930's through the 1960's. STOP DESTROYING ANY MORE OF THOSE ROLLS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
The collector who took the time to save them just like they were will be very angry with you. Had he wanted you to open them up he would have opened them up BEFORE YOU GOT TO THEM!!!!
The values of those obw rolls are exploding in value and are becoming rarer and RARER!!! YOU have just helped making them RARER STILL.
The latest buy price on a real 1937-S obw roll is now over $1200.
Comments
<< <i>oo i think ill open the 1955 plain one? see if we get a winner? >>
Perhaps 50 winners?
You might want to consider that a premium usually exists for (unopened) genuine OBW rolls.
I knew it would happen.
Edited to add, let me be the first to offer to buy one from each roll
i can not take it i have to open one more im take extra+ care with them babies ill try to post some good pics in a min i just hope thsi does not turn into a one more until there all opened
i truly expecting to see coins from the 40s and 50s only.
seeing a 30s roll is quite awesome! branch mint too!
good luck!
Remember the old saying: Fail to plan, plan to fail. Some coins are very worthy of encapsulation and I can see a few that ought not be exposed to the environment for too long before seeing the grading room. (humble opinion).
It's an interesting issue as to the best way to handle the unopened rolls. Now that you've documented they're really uncirculated rolls, you could put them up for auction that way, telling your dramatic story and showing the contents of the 2 opened rolls, while stating these rolls could potentially go all the way back to 1915. How about a roll of 24D's or 31S's or 22 plains? Of course you could wind up with a roll of 58's. You could and probably would get some pretty intense bidding on the unopened rolls. Collectors are sometimes gamblers and optimists.
Alternatively, you could open them and cherry out the best specimens, but if the rest are all 58 and 58d's, you would have been better off leaving them wrapped.
An interesting dilemma. I know what I'd do-I'm just too curious for my own good.....
95 more rolls to go.
What to do, what to do......?
I would try to find out, by looking at the ends of each of the 95 remaining rolls, what dates and mint marks you have.
I would also be very tempted to just open up the remaining rolls, just because I would want to have all of the fun opening the rolls. Especially if I had inherited, or been given, the coins. Not having any of my own money tied up in the coins would make me want to open the rolls myself. If they all turn out to be late 50's vintage, you have only lost out on selling the rolls under a grab bag scenario for a premium. However, opening the rolls and finding multiple rolls of Mint State cents predating 1940 would be a big thrill, especially if you lucked out and have some rolls from the 20's and teens in there.
Good luck, whatever you do. Let us know what happens and post more pictures, please.
-Randy Newman
I would like to second the motion to be careful with these gems.
"If I say something in the woods and my wife isn't there to hear it.....am I still wrong?"
My Washington Quarter Registry set...in progress
Check out my current listings: https://ebay.com/sch/khunt/m.html?_ipg=200&_sop=12&_rdc=1
<< <i>Ok so far i have seen 37,46,47,48,1949,1950 roll of P,D & S/ 51-p,d&s 52,P,d&s 53,54,55,56,57,58,59,60 3 rolls of each yr P,D& S Still rolls that just have Rev on both ends
I believe for the sake of collectors that you might hook up with a submitter in bulk who knows how to do the paperwork. It may be an expense well worth your investment. Many, many people are looking for such coins. Without FLOODING the market, the "select" can be cherrypicked. Who's your NUMISMATIST on board ?
This is my last post to the thread.
Make a plan
<< <i>
<< <i>Ok so far i have seen 37,46,47,48,1949,1950 roll of P,D & S/ 51-p,d&s 52,P,d&s 53,54,55,56,57,58,59,60 3 rolls of each yr P,D& S Still rolls that just have Rev on both ends
I believe for the sake of collectors that you might hook up with a submitter in bulk who knows how to do the paperwork. It may be an expense well worth your investment. Many, many people are looking for such coins. Without FLOODING the market, the "select" can be cherrypicked. Who's your NUMISMATIST on board ?
This is my last post to the thread.
Make a plan
none im going to join pcgs so i can send coins in myself also i have jefferson nickels like this to1938todate all gem super nice alot of 5 steps , ill post 1 last picture in a lil while hour or so ill take 1-3 coins from each roll
You are wasting money by opening these rolls. I would guess you've lost $1,000 on the 1937-S roll alone.
<< <i>STOP!
You are wasting money by opening these rolls. I would guess you've lost $1,000 on the 1937-S roll alone. >>
WHAT?
<< <i>STOP!
You are wasting money by opening these rolls. I would guess you've lost $1,000 on the 1937-S roll alone. >>
Ditto, people will pay a premium for OBW rolls.
<< <i>STOP!
You are wasting money by opening these rolls. I would guess you've lost $1,000 on the 1937-S roll alone. >>
I have a gut feeling that this is the best advice.
"If I say something in the woods and my wife isn't there to hear it.....am I still wrong?"
My Washington Quarter Registry set...in progress
-Paul
-Paul
<< <i>STOP!
You are wasting money by opening these rolls. I would guess you've lost $1,000 on the 1937-S roll alone. >>
Just curious TDN, looking at these pics, you don't think there may be the possibilty of mulitple MS 67s in this roll of 50? And for my future reference, where are people paying $1000 a roll for unsearched rolls that go for 25 dollar each in MS 65 and 10 dollars (500 bucks for 50) in MS 63.
Edited to add: For the umpteenth time in this thread, PROTECTION OF THE COINS IS KEY, I would stop opening them at least until you have some good way to store the ones worth money. TDN, is a more accomplished collector than me, I will 100% admit that, but I do know wheaties, and I do know you have something that I wish I had, and would not sell in bulk, unless you have someone really wants to make it worth your while. my two cents. Again, congrats
from each roll? (sorry no insult meant. i do not have the lincoln skills
either!)
tdn is giving good advice to a newbie who could sell the rolls as is,
that are clearly a certain date for good good money.
opening them up without the right skills and knowledge could be
throwing money away and having 1000s of loose cents lying around
getting stored badly.
Edited to add, it is probably best to not open any more until you get more expert advice, you have a great find here
If you carefully pull the paper off, rolling the roll away from you, you can easily grab a small stack of them at one time and set them carefully into small stacks - or even ONE at a time, if need be.
Be sure that you do this in a dust free environment, and don't leave them uncovered overnight - especially if you have pets, people, etc. Dust flies and settles quickly on coins.
I agree with those that said - Don't open anymore until you have flips. They ALL need to go directly into flips upon opening vs. scattering them around like in your photo.
Also, while you are there get a can of spray air to clean off your working area really good.
I have a rolltop desk that works perfectly - even so, dust still gets in.
Good luck, have fun - very exciting and NICE hoard!
P.S. go ahead and get the PCGS required size flips so that you won't have to transfer those that you choose to submit, if possible. Is that 2" size? (The least amount of handling the better, those flips can scratch coins, and accidents happen.
Careful there kee-mo-sabbi (sp)!
Yes, I would also be interested in one of each date of the ones that you choose not to submit.
I am just curious -- Do you know how to grade coins? Do you know how to spot an MS67 over an MS65, should you choose to pick out the best for grading. I would definitely send in at least 5 of each year to start with, and then as budget allows you can get more graded. Or if you are going to do a bulk submission, I am sure you can probably? get a better price from PCGS. Maybe some of the bulk submitters can post here and let us all know if there is a bulk submission discount. I would be curious to find out myself.
By the way - let me be the first to say
YOU SUCK!
I would totally stop letting these coins touch each other. Send them all of to get slabbed. Then slowly trickle them out on eBay over the next 2 years or so (especially while the Lincolns are very hot in 2009). Seems like that would get bigger $ than selling an original roll in bulk. Just requires more work and patience.
I'm sure there's plenty of us here on the board that would pay a decent amount for one coin of each date you have... count me in and I'll buy a fresh new Dansco for these babies!!!!!
Michael Kittle Rare Coins --- 1908-S Indian Head Cent Grading Set --- No. 1 1909 Mint Set --- Kittlecoins on Facebook --- Long Beach Table 448
If possible please show pictures of some of the other coins in the hoard.
They call me "Pack the Ripper"
Guess folks are hopeing to hit the DD lottery.
Just something to think about.
Regards,
John
1947-P & D; 1948-D; 1949-P & S; 1950-D & S; and 1952-S.
Any help locating any of these OBW rolls would be gratefully appreciated!
<< <i>
Just curious TDN, looking at these pics, you don't think there may be the possibilty of mulitple MS 67s in this roll of 50? And for my future reference, where are people paying $1000 a roll for unsearched rolls that go for 25 dollar each in MS 65 and 10 dollars (500 bucks for 50) in MS 63.
>>
There's not a chance at a single 67 in that roll... at least not with how PCGS is grading Wheaties these days. He'd be lucky to get a single 66.
I know that forum member Oreville collects Original Bank Wrapped rolls and will pay a strong premium for dates he needs. I'm sure there are plenty of others that will do the same.
I wouldn't have thought twice about paying $1,000 for an original bank wrapped roll of 1937-S cents. Instant check.
If you don't have any new plastic tubes, you need to get them for those 37-S's, and some clean soft cotton gloves. You need to keep moisture and dust away from any of the coins that you have out, so get them covered or sealed up as carefully as you can. Fresh copper is quite sensitive. Don't touch them with your fingers, even by the edges if you don't have to. Maybe you haven't lost $1,000 yet, but it's possible if you screw it up.
Yes, it's possible that you've got some high grade (and possibly valuable) coins in the mix, so until you have a way to determine that, you need to do it right - either by becoming your own expert/submitter or by getting an expert involved, but be advised - the minute you bring another person in, they will expect (and should expect) to be compensated.
Most guys fantasize about a cool roll find. Now that you are at that point, be a good steward to the coins and the rest will take care of itself.
Added: Actually, now that the 37-S's are out, less damage is likely if you put them into individual Saflips.
I knew it would happen.
Steve
<< <i>STOP!
You are wasting money by opening these rolls. I would guess you've lost $1,000 on the 1937-S roll alone. >>
I have to agree 100%
I have to agree 100%
Does that presume an initial price of $1,000 and a residual price of zero, i.e., a total loss?
I knew it would happen.
"Inspiration exists, but it has to find you working" Pablo Picasso
I'm not a big lincoln guy, but those are beautiful and I could definitely become more interested with coins like that!
commoncents123, JrGMan2004, Coll3ctor (2), Dabigkahuna, BAJJERFAN, Boom, GRANDAM, newsman, cohodk, kklambo, seateddime, ajia, mirabela, Weather11am, keepdachange, gsa1fan, cone10
-------------------------
Nice hoard!
JD
Death and Taxes" ~~ Ben Franklin
https://www.pcgs.com/setregistry/u-s-coins/mint-sets/1945-mint-set/publishedset/21067
Knutson's 45' Set 2009 Winner
Enjoy searching those rolls...
I'd love to hear more about the hoard's history, and look forward to your next GIVEAWAY!!
- - Dave
Those were apparently a complete or near complete set of obw rolls lovingly saved by a true collector from the 1930's through the 1960's.
STOP DESTROYING ANY MORE OF THOSE ROLLS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
The collector who took the time to save them just like they were will be very angry with you. Had he wanted you to open them up he would have opened them up BEFORE YOU GOT TO THEM!!!!
The values of those obw rolls are exploding in value and are becoming rarer and RARER!!! YOU have just helped making them RARER STILL.
The latest buy price on a real 1937-S obw roll is now over $1200.