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Update on 97 rolls of wheat backs, bank wrapped

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    fastrudyfastrudy Posts: 2,096
    I agree, that WAS harsh! I know you mean well, but you really can't tell somebody what to do with their stuff. Its not yours, its his. But I do appreciate your concern. It is a shame that he opened all of them, ut at this point, yelling won't help.
    Successful transactions with: DCarr, Meltdown, Notwilight, Loki, MMR, Musky1011, cohodk, claychaser, cheezhed, guitarwes, Hayden, USMoneyLover

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    coolestcoolest Posts: 2,281 ✭✭✭
    "How did you come by this great roll collection? Always love the story behind the coins."

    My guess is that the collection was a "gift". I don't think anyone that paid significant money for a collection would let it sit for 2 years before even looking at it.
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    rickoricko Posts: 98,724 ✭✭✭✭✭
    Thanks RGCoinGuy... up to date now.... Cheers, RickO
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    BochimanBochiman Posts: 25,790 ✭✭✭✭✭
    If she had NOT opened up the first couple of rolls, and left everything as OBW, how many here would believe that they were OBW????

    As for the ebay link and using this as a sell thread/opportunity....I think that is borderline. I read her post where she gives the link. I wonder how many folks on here have PM'ed her wanting to buy some of the coins/rolls and, if it were me, and I wasn't sure how/what I would sell right now, I would do the same damn thing...."here is my ebay info, if I decide to sell, they will be listed there".

    After seeing folks that write a book, post about it on this forum, offer it for sale with the info to buy it, on this forum, etc, and not use the BST and actually argue about it, I see a lot less wrong with what the OP did here.

    btw...just because someone sells a lot of coins (I haven't looked at the listings) doesn't mean they know everything about everything.....OBW rolls are a different beast (at least, to me) and I would have no idea on some things either....

    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

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    moonshinemoonshine Posts: 1,039 ✭✭
    where is the eBay link - or name . . . I want to bid

    heh

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    mrpotatoheaddmrpotatoheadd Posts: 7,576 ✭✭✭


    << <i>If she had NOT opened up the first couple of rolls, and left everything as OBW, how many here would believe that they were OBW???? >>

    I was thinkng the very same thing yesterday. If she had never posted here at all and just listed the rolls on eBay as OBWs or any of the individual coins as having come from an OBW roll, she'd have been slammed as a scammer, her listings would have been ridiculed mercilessly, and she possibly might even have had some of her auctions reported to eBay for some infraction or another.

    That's what I think, anyway.
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    fcfc Posts: 12,805 ✭✭✭
    since when are the most common date rolls of wheat pennies
    worths 1000s and 1000s????

    did i miss the email on this subject? or are you talking about the
    ebay auctions where suckers er buyers try for a gamble on a 55P
    roll?

    the only roll of true interest in my mind was the 30s roll.

    i think everyone is blowing this out of proportion. maybe a link to
    ebay to see all these 1000 dollar rolls going for 10-50 bucks makes
    for great buys! i expect to see these bid up to 1000 immediately!!!

    ebay search, roll wheat obw
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    << <i>Fellow forum members, this is harsh, but seriously, sommer just pissed away a lot of money...

    SOMMER, YOU JUST DAMAGED THOSE COINS AND COST YOUSELF THOUSANDS OF DOLLARS - MAYBE EVEN TENS OF THOUSANDS OF DOLLARS - BY OPENING THOSE ORIGINAL ROLLS AND PUTTING THEM IN TUBES!!!

    The 1930s and 1940s cents in MS68 condition can be worth more than $10,000 EACH, but in MS67 condition are only worth hundreds of dollars each. Original rolls like you have are where people find MS68s. Who knows what you had before you opened these rolls?

    UNLESS YOU DON'T CARE ABOUT HAVING MORE MONEY IN LIFE, GET SOME PROFESSIONAL ADVICE BEFORE YOU EVEN GET IN THE SAME ROOM AS YOUR COINS AGAIN!!!

    Sheesh. >>



    When was the last time you submitted a Wheatie to PCGS?

    With the current standards being used by PCGS, they will not even put a Wheatie in a 68 holder... period. A single 67 would be a godsend... they just aren't happening. Sommer may have lost some money by opening up these rolls, but he certainly did not damage any coins that would otherwise be MS68 or 67.
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    jmski52jmski52 Posts: 23,956 ✭✭✭✭✭
    If she had NOT opened up the first couple of rolls, and left everything as OBW, how many here would believe that they were OBW????

    I was thinkng the very same thing yesterday. If she had never posted here at all and just listed the rolls on eBay as OBWs or any of the individual coins as having come from an OBW roll, she'd have been slammed as a scammer, her listings would have been ridiculed mercilessly, and she possibly might even have had some of her auctions reported to eBay for some infraction or another.

    I note that she only showed one picture of an older paper wrapper. The remaining tubes shown are mostly older vintage tubes. So, I am thinking that most of the original rolls, and I do lean towards them being original BU rolls - were in these tubes all along. She may have been teasing us about the unwrapping of these rolls.

    She was asked about the story surrounding these coins, and has declined to tell it thus far.

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
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    BochimanBochiman Posts: 25,790 ✭✭✭✭✭


    << <i> If she had NOT opened up the first couple of rolls, and left everything as OBW, how many here would believe that they were OBW????

    I was thinkng the very same thing yesterday. If she had never posted here at all and just listed the rolls on eBay as OBWs or any of the individual coins as having come from an OBW roll, she'd have been slammed as a scammer, her listings would have been ridiculed mercilessly, and she possibly might even have had some of her auctions reported to eBay for some infraction or another.

    I note that she only showed one picture of an older paper wrapper. The remaining tubes shown are mostly older vintage tubes. So, I am thinking that most of the original rolls, and I do lean towards them being original BU rolls - were in these tubes all along. She may have been teasing us about the unwrapping of these rolls.

    She was asked about the story surrounding these coins, and has declined to tell it thus far. >>




    Given a lot on how people on this board "communicate" with others (they want it THEIR way, want it on THEIR time, and will choose what to believe when they want), I would have provided even LESS info than the OP, if it were me.

    I enjoy hearing about things like this, but, even if it turns out to be untrue, it doesn't harm me. People here act like if they don't know everything from moment 1, then it is a sin. But, everyone wants to know something different and they want pictures, and they want them NOW.

    Just isn't worth it.

    If the tubes were there and the rolls were opened and the coins immediately placed in the tubes, then, who cares? They are no longer in OBW rolls anymore. If they were always in the tubes, then who cares? They aren't in rolls anymore anyway.

    I fail to see a difference.

    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

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    jmski52jmski52 Posts: 23,956 ✭✭✭✭✭
    If the tubes were there and the rolls were opened and the coins immediately placed in the tubes, then, who cares? They are no longer in OBW rolls anymore. If they were always in the tubes, then who cares? They aren't in rolls anymore anyway.

    I fail to see a difference.


    Bochi, aside from a personal preference about OBW rolls, she did say that all of the rolls were in Original Bank Wrappers, and it is at least questionable whether or not they were. Aside from that, she seems legit to me, and the rolls ain't half-bad, either.image
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
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    19Lyds19Lyds Posts: 26,503 ✭✭✭✭


    << <i>The little lady has been an ebay seller since 5/07, she has been selling her handed down collection since then and has more coins for sale on ebay than many on this forum. You are treating her like she is a deer caught in head lights. She started this thread asking for help with what do I do with unopened cent rolls and ended by listing her ebay site if one wanted to buy them. She should really really move this over to the BST and stop this charade of a innocent gal that just inherited her grandfather's hoard. She should know better and know how to handle coins correctly. >>



    From the link she provides I show a join date of 1/09/2008. Where are you getting your information from?
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
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    Realone's skepticism might be right on. I shouted some words of caution because, assuming the post is legit, the OP dinged up all those cents by dumping them out and putting them back in plastic tubes. The pictures of those nice cents all piled up made me cringe. It's like seeing a baby laying on train tracks - I just wanted to jump up and save those poor mistreated cents. Is that so wrong? I thought you guys would understand. ;-) Haha.
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    19Lyds19Lyds Posts: 26,503 ✭✭✭✭
    I see what you are referring to but eBay states: Member since Jan-09-08 in United States

    The oldest feedback is:

    Great -E-Bayer-Fast-Accurate billyz1958 ( 106) Jan-24-08 10:22
    1891-0 / BU great looking morgan dollar!! NO RESERVE! (#320206119968) US $32.50 View Item

    The id history shpws:

    The box below contains the User IDs that this member has used on eBay.

    User ID Effective Date End Date

    johnsoncoins Jan-09-08 Present

    Her forum profile shows: Joined: February 12th, 2006 11:14 PM

    So I really do not know what to make of it but I certainly would not entertain much less post any accusatory comments.

    Edited to add: As for dinging up all those coins while opening the roll, I've opened a lot of rolls in my day and there are many, many different methods:

    1. There's the "Cashier in a hurry" method where the roll is smacked against the cash drawer.

    2. There's the "cashier NOT in a hurry" method where the roll is smacked against the cash drawer.

    3. There's the "Carefully peel back one end of the roll" method which requires you to push them out from the opposite end. Both end coins could get some damage but nothing really critical. Depending upon how tight the roll is, this method sometimes turns nto the next method.

    4. There's the "Tear the paper off slowly" method.

    5. Then there's the "Throw them up against the wall" method because they just will not come out of the roll!

    If methods 3 through 5 fail, you can always run down to Target and get a cashier to open them for you.

    The point is, I have no idea how she opened these rolls but the coins in the pictures certainly do not look like they have suffered a lot from which ever method she chose.
    Not only that but having an OBW roll does not in any way guarantee an MS67 much less an MS68. It doesn't even guarantee all BU coins. I recently opened some OBW cent rolls and was able to get an MS65 and it was the best of the best.
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
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    moonshinemoonshine Posts: 1,039 ✭✭
    yes, the auctions on eBay tend to make one believe that they know what they are doing UNLESS those coins were labeled as such by a previous owner - and/or is just a collector who inherited coins. That makes sense too, as I would leave my coins to someone who knew about them also. Who knows - maybe they will be on later and explain themselves to us so we can fully understand what their program is.

    I did noticed that none of the coins really have a good description about them at all.

    And yes, if PCGS wants to be tight with grading Lincolns then I would send them to NGC. If it quacks like a duck, then dad-nabi-it - it IS a duck, not a duckling.

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    BochimanBochiman Posts: 25,790 ✭✭✭✭✭
    Again, I ask..... "who cares?"

    There is no, currently, scam to save people from. There is no counterfeiting of the coins happening (or slabs).
    I know some people have OBW preference image and I am not talking about that part.....if they were OBW, they aren't now. If they weren't, they still aren't.

    If they are sold, as long as the person has a return offered and takes good pics, then I don't see a loss either. Not like saying "HEY! This coin belonged to George Washington AND Mickey Rooney....BUY NOW!". It is, rather, most likely to be sold as "GemBU Red Lincoln".

    Now, if there was a scam happening, I would love to see skepticism, investigation, etc. I don't see it. So, I don't really care to doubt, or bow down to, the OP. It is what it is, and for me, it is what I see.

    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

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    << <i>Again, I ask..... "who cares?"

    There is no, currently, scam to save people from. There is no counterfeiting of the coins happening (or slabs).
    I know some people have OBW preference image and I am not talking about that part.....if they were OBW, they aren't now. If they weren't, they still aren't.

    If they are sold, as long as the person has a return offered and takes good pics, then I don't see a loss either. Not like saying "HEY! This coin belonged to George Washington AND Mickey Rooney....BUY NOW!". It is, rather, most likely to be sold as "GemBU Red Lincoln".

    Now, if there was a scam happening, I would love to see skepticism, investigation, etc. I don't see it. So, I don't really care to doubt, or bow down to, the OP. It is what it is, and for me, it is what I see. >>



    image

    Some people just want it their own way. Some have the compulsion to piss at a free beer party.
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    << <i>With these OBW rolls, once opened is it better to put them in individual flips or put them in the plastic tubes? It would seem like sending them down the tubes could cause marks or no? >>



    i let them roll slowly down the tube so they did not hit hard at all trust mei was extremly cureful on thisimage one by one i slowly let them roll down the tube, i odered 2x2's.
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    It is not about the money it is all about the love of coins for me my.
    i stashed 53 rolls in my safe i had to open some of them to enjoy seeing the for the first time! "Beside the U.S mint" image



    I must say i am more then glad to have opened the rolls i did cuase i enjoy the luster & great look to them truly amazing looking coins.
    Thanksimage
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    AmigoAmigo Posts: 966
    let them roll slowly down the tube so they did not hit hard at all trust mei was extremly cureful on this one by one i slowly let them roll down the tube, i odered 2x2's.

    Just for you're information and anyone else, the best way to put coins in rolls isn't to roll them down the tube.

    Gentley stack them rim to rim on a piece of paper on an appropriate surface, up to the height of the tube. Then turn the empty tube upside down, slide it down the stack of coins. slide the paper to the edge of the table so that you can get your finger under it, hold coins in tube and turn right side up, let go of paper and apply top

    Personally, I hate the tubes. They do shrink/expand. Once they shrink around the coins, they can hold them like concrete. Then you have to know how to get them out without damage.
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    << <i> let them roll slowly down the tube so they did not hit hard at all trust mei was extremly cureful on this one by one i slowly let them roll down the tube, i odered 2x2's.

    Just for you're information and anyone else, the best way to put coins in rolls isn't to roll them down the tube.

    Gentley stack them rim to rim on a piece of paper on an appropriate surface, up to the height of the tube. Then turn the empty tube upside down, slide it down the stack of coins. slide the paper to the edge of the table so that you can get your finger under it, hold coins in tube and turn right side up, let go of paper and apply top

    Personally, I hate the tubes. They do shrink/expand. Once they shrink around the coins, they can hold them like concrete. Then you have to know how to get them out without damage. >>




    Ya i did that as well on most of the rolls i opened & there going to be in the tubes just long anough until i get the 2x2's.
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    BarberianBarberian Posts: 4,643 ✭✭✭✭✭


    << <i>I just clicked on to Johnsoncoins her ebay sellers name and it showed this: "Detailed Seller Ratings (since May 2007)". >>



    Her earliest feedback is from January 24, 2008, so she most likely started selling shortly after she joined Ebay. The "since May 2007" probably refers to the beginning of the expanded feedback seller ratings and NOT when she started selling on Ebay.
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    TwoSides2aCoinTwoSides2aCoin Posts: 45,012 ✭✭✭✭✭
    image

    How come the hoard of widgets I bought never get attention image

    I guess I should paint my nails image
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    << <i>

    << <i> If she had NOT opened up the first couple of rolls, and left everything as OBW, how many here would believe that they were OBW????

    I was thinkng the very same thing yesterday. If she had never posted here at all and just listed the rolls on eBay as OBWs or any of the individual coins as having come from an OBW roll, she'd have been slammed as a scammer, her listings would have been ridiculed mercilessly, and she possibly might even have had some of her auctions reported to eBay for some infraction or another.

    I note that she only showed one picture of an older paper wrapper. The remaining tubes shown are mostly older vintage tubes. So, I am thinking that most of the original rolls, and I do lean towards them being original BU rolls - were in these tubes all along. She may have been teasing us about the unwrapping of these rolls.

    She was asked about the story surrounding these coins, and has declined to tell it thus far. >>



    She sure got them into those plastic holders with lightening speed, I mean in between caring of her 10 kids and posting here. I think this board is way to trusting. She used a ploy of innocence to garner attention knowing full well how to handle all kinds of coins. Heck almost every coin that I have looked on her listings are neatly labeled, graded in white cardboard holders. Do you think that she bought them that way. That she has never opened a roll herself, that she has no clue to the value of unopened original bank rolls, and yet she has more experience selling coins on ebay than many here. She is no fool, I believe it would be literally impossible for her to open those rolls and put them in the plastic sleeves from the time that she asked to the time that she pictured them to us. And when she dumped the coins out for all to see, many questioned her logic, there was no need to present them that way to this crew but that is the typical way one sees coins photographed on ebay so I believe that was done before also. I believe she still has the coins in the rolls ready to roll them on ebay for top dollar, she is no fool. If I am wrong then flame away, but I rather be a skeptic than a true believe of some one I hardly
    know. >>




    No not my 10 kids i only have 1 myselfimage lol
    btw i did not search the rolls yet i just opened them to see what yrs there was & what grade/ shape they was in then put them in the tubes i had.
    image
    image
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    streeterstreeter Posts: 4,312 ✭✭✭✭✭
    consider me skeptical on this one.

    Aw shucks, what to do? -----------I think I'll send them to NGC & PCGS and sell the rest on EBAY image

    I've been collecting since 1961 and never in my life have I seen a newbie act like this person.
    Have a nice day

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