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What is the odd on finding the 1955/55 of these rolls?

ParadisefoundParadisefound Posts: 8,588 ✭✭✭✭✭
edited April 15, 2018 8:29PM in U.S. Coin Forum

$159 will give me these many rolls dated 1955. Is there a chance of finding 1955/55 double die Observe?
*** 1 roll ONLY as members pointed out


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  • ParadisefoundParadisefound Posts: 8,588 ✭✭✭✭✭
    edited April 14, 2018 9:51AM

    free shipping from NY

  • jmski52jmski52 Posts: 23,224 ✭✭✭✭✭

    I'd take the bet @ $159 for 50 rolls.

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • gripgrip Posts: 9,962 ✭✭✭✭✭

    Is there a date on the sealed box?

  • jmski52jmski52 Posts: 23,224 ✭✭✭✭✭

    Good point. Another consideration - few years ago I bought 10 rolls of 1961-P Lincolns on a whim and they all turned out to be corrosion spotted.

    I'd still be tempted to take the bet if the box were still sealed with original tape as shown.

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • JcldJcld Posts: 449 ✭✭✭

    I would think it would be a longshot, but the price is pretty good for 50 rolls.

  • DCWDCW Posts: 7,604 ✭✭✭✭✭

    Where do you guys see a sealed box of 50 rolls?
    I am looking at the side of a box with fifteen rolls on a sheet of white paper.
    Am I missing something?
    Paradise, how many rolls are being offered to you?

    Dead Cat Waltz Exonumia
    "Coin collecting for outcasts..."

  • JimnightJimnight Posts: 10,846 ✭✭✭✭✭
    edited April 14, 2018 10:34AM

    It's $159.95 per roll.... on ebay

  • halfhunterhalfhunter Posts: 2,770 ✭✭✭
    edited April 14, 2018 10:45AM

    Chances of hitting the lottery are prolly better.
    No way am I a big enough gambler to pay $159/roll, especially after seeing what else the seller is offering ! ! !

    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!
  • thevolcanogodthevolcanogod Posts: 270 ✭✭✭

    At less than 11 per roll you can not lose. Buy them, search them, tube them up and put them on the bay with no mention of searched/unsearched and you’d get 15+ each easy.

  • BillJonesBillJones Posts: 34,757 ✭✭✭✭✭

    It is my understanding that most of the 1955 Doubled Dies were found in New England. I knew a New England collector who with his father found over 20 of them in circulation.

    There is story of Dave Bowers who found that those coins were a packs of cigarettes that were in one machine. The deal was the price was 28 cents a pack. You put in 30 cents and 2 cents in each pack. According to Bowers he bought out the whole machine.

    Since these pieces came from New York, the odds might be against finding any doubled dies.

    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • thevolcanogodthevolcanogod Posts: 270 ✭✭✭

    Hell I’ll buy them from you for $12 per roll plus $7 flat rate box ship AFTER you search them.

  • BillDugan1959BillDugan1959 Posts: 3,821 ✭✭✭✭✭
    edited April 14, 2018 10:54AM

    @BillJones said:
    It is my understanding that most of the 1955 Doubled Dies were found in New England. I knew a New England collector who with his father found over 20 of them in circulation.

    There is story of Dave Bowers who found that those coins were a packs of cigarettes that were in one machine. The deal was the price was 28 cents a pack. You put in 30 cents and 2 cents in each pack. According to Bowers he bought out the whole machine.

    Since these pieces came from New York, the odds might be against finding any doubled dies.

    IIRC (from distant memory), QDB first started out in Pennsylvania, and the vending machine route was in PA. This was very early in his career, he was probably still living at home and in high school. QDB got some coins from this source, but "buying them out" might overstate things a bit. I'll guess this memory comes from reading 'Adventures in Rare Coins' back in the 1970s.

    To answer the original question, the 'law of large numbers' says don't pay too much, the odds are very poor. The odds on the Mega Millions are much better. Chicanery is always possible too.

  • bsshog40bsshog40 Posts: 3,970 ✭✭✭✭✭

    The chances of me finding one in those rolls would be like me winning the lottery. You probably have a better chance. Lol

  • crazyhounddogcrazyhounddog Posts: 14,055 ✭✭✭✭✭

    There’s maybe a chance these rolls haven’t been searched, but I doubt it.
    It’s always fun to look thinking you’ll have a chance. So with that said, there might be a chance :D

    The bitterness of "Poor Quality" is remembered long after the sweetness of low price is forgotten.
  • gripgrip Posts: 9,962 ✭✭✭✭✭

    As long as it don't break the bank...Go for it and
    have fun.

  • RogerBRogerB Posts: 8,852 ✭✭✭✭✭

    The rolls were evidently machine wrapped, but several in the photo appear tampered with or damaged. Maybe the best is to hope for a couple of nice MS66 pieces.

  • abcde12345abcde12345 Posts: 3,404 ✭✭✭✭✭

    Only found tucked within the cellafane of ciggarrettes back in the early 50's machines as change for a quarter. At least that is waht Bowers personally told me (in a dream).

  • thebeavthebeav Posts: 3,899 ✭✭✭✭✭

    I wouldn't pay 159/roll. 1955 shotgun rolls aren't that unusual and I'm sure you can find a better deal.
    I know I have a few someplace myself.

  • toyz4geotoyz4geo Posts: 1,484 ✭✭✭✭✭

    @BillJones said:
    It is my understanding that most of the 1955 Doubled Dies were found in New England. I knew a New England collector who with his father found over 20 of them in circulation.

    There is story of Dave Bowers who found that those coins were a packs of cigarettes that were in one machine. The deal was the price was 28 cents a pack. You put in 30 cents and 2 cents in each pack. According to Bowers he bought out the whole machine.

    Since these pieces came from New York, the odds might be against finding any doubled dies.

    Came across this once on the old interweb.

  • WalkerfanWalkerfan Posts: 9,718 ✭✭✭✭✭
    edited April 14, 2018 4:44PM

    As Bill Jones said they came from cigarette machines, so finding them in a standard roll will not likely happen.

    Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍

    My Full Walker Registry Set (1916-1947):

    https://www.ngccoin.com/registry/competitive-sets/16292/

  • grote15grote15 Posts: 29,803 ✭✭✭✭✭
    edited April 14, 2018 5:05PM

    @thevolcanogod said:
    Hell I’ll buy them from you for $12 per roll plus $7 flat rate box ship AFTER you search them.

    It's $159 per roll, not for all 50 rolls.



    Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
  • Wabbit2313Wabbit2313 Posts: 7,268 ✭✭✭✭✭

  • REALGATORREALGATOR Posts: 2,640 ✭✭✭✭✭

    My guess is the "The Best Treasure" is the 8 grand the seller is going to reap from the willing flock.

  • BillDugan1959BillDugan1959 Posts: 3,821 ✭✭✭✭✭

    @REALGATOR said:
    My guess is the "The Best Treasure" is the 8 grand the seller is going to reap from the willing flock.

    And the gracious seller is well on his way to doing just that! Pretty amazing.

  • leothelyonleothelyon Posts: 8,484 ✭✭✭✭✭
    edited April 14, 2018 6:20PM

    If I ever get a hold of 50 original 1955 Lincoln cent rolls, I'll have every one of those suckers laid out on my table checking every one of them.

    Leo

    The more qualities observed in a coin, the more desirable that coin becomes!

    My Jefferson Nickel Collection

  • ECHOESECHOES Posts: 2,974 ✭✭✭✭✭

    Going out on a limb here...
    I would think '50 Pennies' would be printed after the cents were rolled.
    Several rolls shown the printing does not line up.
    That would tell me they were opened.
    I've learned that if you have to question something to this extent, leave it alone.
    I would think your chances of finding a 55 DD to be nada.

    ~HABE FIDUCIAM IN DOMINO III V VI / III XVI~
    POST NUBILA PHOEBUS / AFTER CLOUDS, SUN
    Love for Music / Collector of Dreck
  • ParadisefoundParadisefound Posts: 8,588 ✭✭✭✭✭

    @jmski52 said:
    I'd take the bet @ $159 for 50 rolls.

    No, it is for 1 roll and it says Double D1955

  • ParadisefoundParadisefound Posts: 8,588 ✭✭✭✭✭

    @DCW said:
    Where do you guys see a sealed box of 50 rolls?
    I am looking at the side of a box with fifteen rolls on a sheet of white paper.
    Am I missing something?
    Paradise, how many rolls are being offered to you?

    One roll

  • ParadisefoundParadisefound Posts: 8,588 ✭✭✭✭✭

    My wishful thinking....I am moving on.....
    Thank you all on chiming in :)

  • jmlanzafjmlanzaf Posts: 36,284 ✭✭✭✭✭

    @ECHOES said:
    Going out on a limb here...
    I would think '50 Pennies' would be printed after the cents were rolled.
    Several rolls shown the printing does not line up.
    That would tell me they were opened.
    I've learned that if you have to question something to this extent, leave it alone.
    I would think your chances of finding a 55 DD to be nada.

    No, they print the paper before wrapping. MUCH easier to print flat paper than curved rolls.

  • jmlanzafjmlanzaf Posts: 36,284 ✭✭✭✭✭

    Ridiculous price. This isn't a 1933 double eagle you're looking for.

    Let's say there is DEFINITELY a 1955 double die in those rolls. 16 rolls at $160 each is $2560. You can buy a really nice 1955 doubled die for $2500.

  • ParadisefoundParadisefound Posts: 8,588 ✭✭✭✭✭
    edited April 14, 2018 8:42PM

    @jmlanzaf said:

    I greatly appreciate your expertise and opinion in this field.
    Why would the seller pass such a promise if he / she knows there maybe a real chance in these rolls >:)
    I do love those 1955/55 DDO double date struck one though...$1250 for a penny is kind of hard to justify right now <3

  • ECHOESECHOES Posts: 2,974 ✭✭✭✭✭
    edited April 14, 2018 7:48PM

    @jmlanzaf said:

    @ECHOES said:
    Going out on a limb here...
    I would think '50 Pennies' would be printed after the cents were rolled.
    Several rolls shown the printing does not line up.
    That would tell me they were opened.
    I've learned that if you have to question something to this extent, leave it alone.
    I would think your chances of finding a 55 DD to be nada.

    No, they print the paper before wrapping. MUCH easier to print flat paper than curved rolls.

    I will agree to disagree,
    If that were the case the printing would not be on the edges of the paper.
    Why does some printing line up, and others don't?
    I would think the company rolling these cents would want the printing legible.

    ~HABE FIDUCIAM IN DOMINO III V VI / III XVI~
    POST NUBILA PHOEBUS / AFTER CLOUDS, SUN
    Love for Music / Collector of Dreck
  • JRoccoJRocco Posts: 14,277 ✭✭✭✭✭


    :)

    Some coins are just plain "Interesting"
  • DIMEMANDIMEMAN Posts: 22,403 ✭✭✭✭✭

    One of my "FAVORITE" coins....and I have never had one. Someday......a 63-64RB. :)<3

  • stevekstevek Posts: 30,061 ✭✭✭✭✭

    I of course couldn't possibly know on this particular sale, but a long time scam on Ebay with sales sounding "similar" to this, is a buddy of the seller "buys" one, doesn't even pay for it or anything, but leaves feedback saying he found one or more double dies in the roll he bought...with the scheme of hoping to reel in some fish who will believe the story and buy the rest of the rolls.

  • BuffaloIronTailBuffaloIronTail Posts: 7,545 ✭✭✭✭✭

    @BillDugan1959 said:
    I believe that you are misinterpreting the cigarette machine story.

    The accepted lore is that there may have been 25,000 double die coins mixed in with as many as 10 million normal coins. The Mint officials knew of the error, but it was like trying to find a needle in a haystack. This large mixture was why the Mint officials decided to release the whole group instead of melting them - too expensive to destroy the whole group. There may have been a slight regional cent shortage too at that moment.

    The cigarette machine company didn't get them all, not by any means. That is simply where Mr. Bowers (or perhaps his father and his father's friends) found some. Something like that.

    That said, the odds of finding a double die coin in these rolls is very low.

    You're right bill. Mint Officials were stuck with the problem of knowing the Cents were mixed in with a whole nights worth of production. They would have had to destroy a whole nights work.

    It's obvious someone discovered the die after production started and pulled it. It should have never got installed in the press and used to begin with.

    Only a portion got into cigarette packs. Others were routinely released into circulation.

    This is one of my favorite coin tales.

    Pete

    "I tell them there's no problems.....only solutions" - John Lennon
  • ParadisefoundParadisefound Posts: 8,588 ✭✭✭✭✭

    @BuffaloIronTail
    I better go back to my Buff study ;)

  • rmpsrpmsrmpsrpms Posts: 1,946 ✭✭✭✭✭

    My understanding is that almost all of the 55 DDO were released to a vending machine company, and the few that have been found in rolls have come from Chase OBW.

    PM me for coin photography equipment, or visit my website:

    http://macrocoins.com
  • BuffaloIronTailBuffaloIronTail Posts: 7,545 ✭✭✭✭✭

    @Paradisefound said:
    @BuffaloIronTail
    I better go back to my Buff study ;)

    You're not breaking the bank! Have fun looking through them. You'll get good practice at gazing at pretty 63 year old red Cents.

    That's better than the "junk" Cents I'm looking through now that I amassed from pocket change.

    Pete

    "I tell them there's no problems.....only solutions" - John Lennon
  • ParadisefoundParadisefound Posts: 8,588 ✭✭✭✭✭

    @BuffaloIronTail
    Did not buy them because of CU members' advise Fortunately :)

  • BuffaloIronTailBuffaloIronTail Posts: 7,545 ✭✭✭✭✭

    I still think you would have had a real good time......

    Pete

    "I tell them there's no problems.....only solutions" - John Lennon
  • jmlanzafjmlanzaf Posts: 36,284 ✭✭✭✭✭
    edited April 14, 2018 11:30PM

    @ECHOES said:

    @jmlanzaf said:

    @ECHOES said:
    Going out on a limb here...
    I would think '50 Pennies' would be printed after the cents were rolled.
    Several rolls shown the printing does not line up.
    That would tell me they were opened.
    I've learned that if you have to question something to this extent, leave it alone.
    I would think your chances of finding a 55 DD to be nada.

    No, they print the paper before wrapping. MUCH easier to print flat paper than curved rolls.

    I will agree to disagree,
    If that were the case the printing would not be on the edges of the paper.
    Why does some printing line up, and others don't?
    I would think the company rolling these cents would want the printing legible.

    You can agree to disagree, but that's just you agreeing to be wrong. :smiley:

    I've seen the paper before rolling. I've also unrolled the paper. If you've ever owned even a single roll, you'll know that when you unroll the paper there is printing on the inside of the rolls also.

    The printing is on the edges of the paper because they print the paper in large sheets and then cut them to size.

    Honestly, I'm not speculating. Next time you're at your local coin store, buy an original roll and unroll it. You'll find printing all the way in to the inside edge.

  • jmlanzafjmlanzaf Posts: 36,284 ✭✭✭✭✭

    @rmpsrpms said:
    My understanding is that almost all of the 55 DDO were released to a vending machine company, and the few that have been found in rolls have come from Chase OBW.

    Not "almost all", just a disproportionate number.

  • jmlanzafjmlanzaf Posts: 36,284 ✭✭✭✭✭

    @BuffaloIronTail said:

    @Paradisefound said:
    @BuffaloIronTail
    I better go back to my Buff study ;)

    You're not breaking the bank! Have fun looking through them. You'll get good practice at gazing at pretty 63 year old red Cents.

    That's better than the "junk" Cents I'm looking through now that I amassed from pocket change.

    Pete

    $160 for a roll worth less than $20? You might not be breaking the bank, but why would you throw money away?

  • BLUEJAYWAYBLUEJAYWAY Posts: 10,018 ✭✭✭✭✭

    The cent at the end of the pictured roll is of the "Cracked Skull" error type.

    Successful transactions:Tookybandit. "Everyone is equal, some are more equal than others".
  • BLUEJAYWAYBLUEJAYWAY Posts: 10,018 ✭✭✭✭✭

    @JRocco said:

    :)

    Still my favorite error/Still my favorite error. Pardon me, I got carried away with Doubled (comment) Die-itis. :)

    Successful transactions:Tookybandit. "Everyone is equal, some are more equal than others".

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