Last Minute Advise Needed - Tubes or OBW's

TheRock · February 25, 2005 10:47PM

Going to a local show in the next hour or so. Looking to "Make Some" good Lincoln Cents. Need some advise on which to purchase. Tube Rolls or OBW rolls? What has been your luck with each?

oreville · February 25, 2005 11:14PM

Make some good Lincoln cents? Meaning go through the rolls and breaking up the rolls?

Also what decade of cents are you doing?

A lot depends on that.

Please be more specific.

TheRock · February 25, 2005 11:20PM

Yes, breaking out the rolls to grade some individual coins. Moderns 1959-Present

pharmer · February 25, 2005 11:24PM

You probably won't find anything but very recent mintages in OBW. There is nothing wrong with tubed or paper wrapped rolls for your purpose. If you can find them, try for unc wheat rolls, there are still many nice ones out there.

TheRock · February 25, 2005 11:25PM

Thanks Pharmer!!! Great advise.

oreville · February 25, 2005 11:31PM

Rock: If you do run into some obw rolls at a reasonable price, it does not hurt to pick up a few even if you don't break them open. In fact, obw rolls are better left alone and will someday be worth a pretty penny in themselves for the most part.

coppercoins · February 25, 2005 11:31PM

And I'm a buyer of rolls after you've gone through them for grade, as long as that's all you've been through them for.

oreville · February 25, 2005 11:36PM

Coppercoins: Did you yet have a chance to go through those 1998 (or was it 1999?) Maine bank boxes I gave you in Pittsburgh?

TheRock · February 25, 2005 11:37PM

Thanks everyone. Information is key. I'm off to find some great coins. I HOPE!!

coppercoins · February 25, 2005 11:38PM

Only part of it, and so far have found absolutely nothing - but I never give up hope completely.

I will indeed be sure to contact you if they produce items of interest. I think I have made it through about $7 face so far. I'm prioritizing that into three other groups that are of similar interest, and give them all roughly equal time.

TheRock · February 26, 2005 10:30AM

Nada, not a thing with buying. No rolls, only Mint Sets and Proof Sets, all opened. Maybe next time.

oreville · February 26, 2005 11:11AM

coppercoins: You might want to save some of them so that you have a time capsule for yourself as to how circulated coins looked like from one decade to another! By the way, what was the % of wheaties back then? 4% or less?

Therock: rolls of coins seem to be coming to shows less and less. Dealers find then too bulky to bring.

TheRock · February 26, 2005 1:05PM

That is the exact answer that I got from most of them. That's to bad. Buying sight unseen on the web sucks.

JRocco · February 26, 2005 2:34PM

A lot of coins (especially Lincoln's) that are found in tubes have been searched for gems- only for gems. So you will probably not be seeing 66 or higher graded coins, BUT many of them have not been searched for varieties. I just searched a roll of tubed 57D Lincoln's and found 18 nice RPM's ( 4 different RPM's by the way) and 18 more coins with heavy die breaks and cuds. Not a bad score for a tubed roll.

cladking · February 26, 2005 11:54PM

Most coin shops will have a small box of later date BU rolls around. Often
these will be better than typical rolls because they were selected from a
larger quantity. You probably have a little better chance of finding varieties
in the OBW's and gems in the tubes.

These rolls are for the most part extremely cheap. There are several reasons
the rolls are so inexpensive; primarily it's because of little demand but there
is a lot of work finding better coins this way. Even finding common varieties
and gems is very time consuming if you're looking for specific ones. Most of
the rolls you'll actually see are very common ones. You won't see rolls of clads
except for a few half dollars or dollars.

If you're seeking varieties going around to the shops is the best bet. If you
seek gems you'll usually be better off looking at the mint sets for most dates.
And if you want clad you'll find little alternative to checking mint sets.

The only sealed mint sets after 1964 are in the original shipping package and
are getting pretty unusual to find this way. While many mint sets have been
cherry picked already, the majority of those on the wholesale market have not
been. If you keep up with the dealers then you'll see some nice original sets.

TheRock · February 27, 2005 4:45AM

Concrats my friend. Love to see someone get something out of these rolls.

TheRock · February 27, 2005 4:47AM

Thanks for the advise on the Mint Sets. I saw hundreds, but all were opened of course and searched. I'll keep my eye to the ground and keep looking for them. Thanks for the help.

Last Minute Advise Needed - Tubes or OBW's

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