I used to laugh (and at the same time cringe) when I saw a variety guy selling BU rolls like this, NO DIFFERENCE WHATSOEVER ,yet people bought them up like candy. Slip a good few good rolls into the mix and people give you more credibility! Dealers like this give the coin world a bad taste
Wow, I did a quick check of Bullion and Exchange Bank, Carson City NV and there is quite a lot of interesting Nevada history to be found associated with this bank. Usually I check to see if the bank even existed (or at least when a roll was supposedly put together) but this bank has "history" written all over it. The bank had a branch INSIDE the mint at one point!! Even though the roll is completely bogus, the knowledge gained by researching the bank is priceless...Ray
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I used to be somebody, now I'm just a coin collector. Recipient of the coveted "You Suck" award, April 2009 for cherrypicking a 1833 CBHD LM-5, and April 2022 for a 1835 LM-12, and again in Aug 2012 for picking off a 1952 FS-902.
Here is the trick. They have the coins listed as UNC I won one a few years back....cracked it open...all CIRC/cleaned....and ebay/paypal refunded my purchase since the coins were not UNC.
Two can play the game if any of you want to .....
...not that I recommend this....but you could crack it open...and send ebay pictures of cull dollars from your home collection....and they will refund your purchase, since in theory the seller claimed UNC coins...but has no way to argue that the culls were not inside the roll since it's been "wrapped since the 1800's"...
The buyer may not even know he got ripped off until years from now when he tries to sell it to a B & M dealer. At that point he will say the B & M dealer is trying to rip him off.
Since both are fake, it's hard to imagine what the right font would be for these. Clearly whoever created the roll tubes thought that an "Olde English" font would make the rolls look more authentic. I remember seeing a similar roll that actually had mixed fonts...an Olde English style for the bank name, followed by a 1980's style modern font for the city and state. A lot of these roll countereiters are real bozos.
My presumption is that any genuine rolls of Dollars you might run across would be hand-wrapped in heavy kraft-style paper, with the ends neatly hand-folded and wax-sealed, and the count and denomination handwritten on the outside. They also may have the teller signature on them. They were uncommon enough that it's highly unlikely in my view that the bank would go to the trouble of having a printer put the bank/city/state name on the outside! That was a much later practice. In fact I have only ever seen rolls from the 1930's onward that had a standardized format for bank/city/state nomenclature. Pre-Depression then the banks were not as well regulated and it doesn't seem that there was any standard for marking of rolls. I presume (yet again) that this format, which is a standard that all banks seem to follow from the 30's onward, came out of some regulation put in place after the banking collapses of the Depression. That might be an interesting research topic.
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How many estate sales has this seller run over the years? This is when it would be nice to have the old ebay were the buyers/bidders ID is not hidden and you could contact them or warn them.
<< <i>I agree with all of the comments. But how do you explain the 100% positive feedback? Just curious as I would not touch this with a 10 foot pole. >>
A member of my coin club buys these things. The rolls I've seen her buy always have something interesting in them, and there is a predictable correlation between the value of the coins in the roll and the final selling price. After seeing the results of a bunch of these (not Dollars, but Cent rolls with odd things on the end) with a big range of final selling prices, my conclusion was that the sellers build the rolls based on the final selling price, and target a value of around 50% of the high bid. This keeps her very happy, and I've never heard her complain once! I've heard the horror stories some have told of low-grade coins being found in the rolls, but I think that's a thing of the past and these sellers have learned to make a thriving business out of this game by at least giving a reasonable value to keep their feedback scores high.
PM me for coin photography equipment, or visit my website:
<< <i>I agree with all of the comments. But how do you explain the 100% positive feedback? Just curious as I would not touch this with a 10 foot pole. >>
A member of my coin club buys these things. The rolls I've seen her buy always have something interesting in them, and there is a predictable correlation between the value of the coins in the roll and the final selling price. After seeing the results of a bunch of these (not Dollars, but Cent rolls with odd things on the end) with a big range of final selling prices, my conclusion was that the sellers build the rolls based on the final selling price, and target a value of around 50% of the high bid. This keeps her very happy, and I've never heard her complain once! I've heard the horror stories some have told of low-grade coins being found in the rolls, but I think that's a thing of the past and these sellers have learned to make a thriving business out of this game by at least giving a reasonable value to keep their feedback scores high. >>
Makes sense and very clever. If only such ingenuity could be used for a goodly purpose.
Comments
If you were liquidating an "estate" would you do it over a period of "several months"?
Pre-printed date on the roll
Pass
<< <i>AT one end, blast white the other
Pre-printed date on the roll
Pass >>
This. Run away, and don't look back.
RMR: 'Wer, wenn ich schriee, hörte mich denn aus der Engel Ordnungen?'
CJ: 'No one!' [Ain't no angels in the coin biz]
<< <i>Surprised they don't make a cone shaped roll with a CC Morgan on one end and a VDB Cent on the other. >>
<< <i>ebay link
If I felt like a lucky b**stard, I might go 2k. >>
Surely you're being sarcastic. Yeah, I know, don't call you Shirley.
See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
http://macrocoins.com
jeff
http://macrocoins.com
Kind of a disappointing effort.
Rob
Successful Trades with: Coincast, MICHAELDIXON
Successful Purchases from: Manorcourtman, Meltdown
<< <i>That is a machine-crimped roll. Machines to crimp rolls like that were not invented until around 1913. >>
This. There aren't any real OBW rolls of Morgans because banks didn't roll them! They were stored and transported in bags.
<< <i>
<< <i>That is a machine-crimped roll. Machines to crimp rolls like that were not invented until around 1913. >>
This. There aren't any real OBW rolls of Morgans because banks didn't roll them! They were stored and transported in bags. >>
...and wooden barrels.
.
CoinsAreFun Toned Silver Eagle Proof Album
.
Gallery Mint Museum, Ron Landis& Joe Rust, The beginnings of the Golden Dollar
.
More CoinsAreFun Pictorials NGC
Recipient of the coveted "You Suck" award, April 2009 for cherrypicking a 1833 CBHD LM-5, and April 2022 for a 1835 LM-12, and again in Aug 2012 for picking off a 1952 FS-902.
<< <i>Surprised they don't make a cone shaped roll with a CC Morgan on one end and a VDB Cent on the other. >>
give it time
They have the coins listed as UNC
I won one a few years back....cracked it open...all CIRC/cleaned....and ebay/paypal refunded my purchase since the coins were not UNC.
Two can play the game if any of you want to .....
...not that I recommend this....but you could crack it open...and send ebay pictures of cull dollars from your home collection....and they will refund your purchase, since in theory the seller claimed UNC coins...but has no way to argue that the culls were not inside the roll since it's been "wrapped since the 1800's"...
----end of how-to-get-even with scammers----
Beau
CertifiedMorgans.com
jeff
<< <i>Judging from the image, whoever buys this will be under water
Huh?
Pre-Printed Date of 1896 with an 1884 Coin on one end?
The name is LEE!
It's always the CC for dollar rolls or 1909-S or VDB reverse on cents.
<< <i>The guy also sells Raiders tickets. That should be the big red flag.
At least he's not selling Redskins tickets. (Or for the more politically correct, [Redacteds] tickets.)
60 years into this hobby and I'm still working on my Lincoln set!
<< <i>compare OP printing to this one >>
Since both are fake, it's hard to imagine what the right font would be for these. Clearly whoever created the roll tubes thought that an "Olde English" font would make the rolls look more authentic. I remember seeing a similar roll that actually had mixed fonts...an Olde English style for the bank name, followed by a 1980's style modern font for the city and state. A lot of these roll countereiters are real bozos.
My presumption is that any genuine rolls of Dollars you might run across would be hand-wrapped in heavy kraft-style paper, with the ends neatly hand-folded and wax-sealed, and the count and denomination handwritten on the outside. They also may have the teller signature on them. They were uncommon enough that it's highly unlikely in my view that the bank would go to the trouble of having a printer put the bank/city/state name on the outside! That was a much later practice. In fact I have only ever seen rolls from the 1930's onward that had a standardized format for bank/city/state nomenclature. Pre-Depression then the banks were not as well regulated and it doesn't seem that there was any standard for marking of rolls. I presume (yet again) that this format, which is a standard that all banks seem to follow from the 30's onward, came out of some regulation put in place after the banking collapses of the Depression. That might be an interesting research topic.
http://macrocoins.com
Tom
Lafayette Grading Set
<< <i>I agree with all of the comments. But how do you explain the 100% positive feedback? Just curious as I would not touch this with a 10 foot pole. >>
A member of my coin club buys these things. The rolls I've seen her buy always have something interesting in them, and there is a predictable correlation between the value of the coins in the roll and the final selling price. After seeing the results of a bunch of these (not Dollars, but Cent rolls with odd things on the end) with a big range of final selling prices, my conclusion was that the sellers build the rolls based on the final selling price, and target a value of around 50% of the high bid. This keeps her very happy, and I've never heard her complain once! I've heard the horror stories some have told of low-grade coins being found in the rolls, but I think that's a thing of the past and these sellers have learned to make a thriving business out of this game by at least giving a reasonable value to keep their feedback scores high.
http://macrocoins.com
<< <i>
<< <i>I agree with all of the comments. But how do you explain the 100% positive feedback? Just curious as I would not touch this with a 10 foot pole. >>
A member of my coin club buys these things. The rolls I've seen her buy always have something interesting in them, and there is a predictable correlation between the value of the coins in the roll and the final selling price. After seeing the results of a bunch of these (not Dollars, but Cent rolls with odd things on the end) with a big range of final selling prices, my conclusion was that the sellers build the rolls based on the final selling price, and target a value of around 50% of the high bid. This keeps her very happy, and I've never heard her complain once! I've heard the horror stories some have told of low-grade coins being found in the rolls, but I think that's a thing of the past and these sellers have learned to make a thriving business out of this game by at least giving a reasonable value to keep their feedback scores high. >>
Makes sense and very clever. If only such ingenuity could be used for a goodly purpose.
Tom