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Are those half pound sacks of coins on ebay a good deal?

You know the unsearched ones...

Silver Coins
Unsearched

Although, that second one seems rather...searched, considering they gurantee you certain coins

And heres the page of results you get when you search pound

Results
...

Comments

  • BigE2BigE2 Posts: 1,037
    NO!
  • Yes, they are a great deal ... FOR THE SELLER!
  • The average person will probably get about $20 worth of coins (coin show retail value) for your $32 (+$5 shipping).

    The killer are these lines:
    Lincoln Cent Wheatbacks 1909-1958
    ...
    and a significant proportion of 90% SILVER PRE-1964 COINS:

    In a lot advertised as "silver."

    A few dozen common wheaties will sink you. There are approximately 81 cents in half a pound.

    Still, the guy has 100% feedback, so the people buying are happy. For newbies short on time or non-collectors looking for a quick gift for a young collector, a lot of legwork is done, and a person can buy something in a couple of clicks. This time of year, that time savings might very well be worth $12. I know a lot of folks who will trade that amount of money for some extra time. Put the batch in a toy treasure chest, or even bury it in a coffee can and give out a treasure map as the gift. This kind of thing will be more fun than most coin gifts given to non-collectors. Sure you can put together better coins for the money, but it will take some time (or a generous benefactor donating his/her time).

  • marmacmarmac Posts: 1,505 ✭✭✭
    99.99% of the time it is tossing your money away. Occassionally you can find a seller who is just selling a handful of loose silver and find something nice....but even those are few and far between.
  • FatManFatMan Posts: 8,977
    Run Forest!, Run!
  • ....image.........Cody take your time,.....there is no rush...enjoy the hobby....image.......And yes the bags are a RIP OFF.....image
  • image
  • FullStrikeFullStrike Posts: 4,353 ✭✭✭
    Sack of Wheaties? Bah !

    I'd rather buy a box of Wheat Thins.

    And. A can of Easy Cheese.image
  • 291fifth291fifth Posts: 24,710 ✭✭✭✭✭
    No...with emphasis on the No!
    All glory is fleeting.
  • carlcarl Posts: 2,054
    NO, NO, NO
    You don't really believe that word unsearched now do you?
    That always gets me when someone says they are all wheatback cents or all silver and unsearched. How do they know what they are unless the searched them??????????
    Carl

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