1894 IHC Snow-1 1894/1894
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KurtSSenior Member
Posts: 875 Joined: 15 Feb 2008
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Posted: Mon Nov 17, 2008 12:29 pm |
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I suspect they made those devices "ornate" because they're a total hack and don't know better about cleaning coins with sharp metal objects.
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| ...not necessarily in " very tight weapped bank rolls |
There's a running scam that's taking eBay by storm: buy some junk circ wheats or IHCs, buy one higher-profile coin such as a 1909 VDB LWC or a junk 1908-S, stick that on the end of an "unsearched shotgun bank roll", and see people bid these rolls way over their actual value. It's been done for months, and covered on forums, yet there's always another collector to snare, sigh.
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eagamesExpert Member
Posts: 3013 Joined: 15 Nov 2005
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Posted: Mon Nov 17, 2008 1:04 pm |
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Never trust old OBW rolls unless you see them and can tell the paper is old, I've never seen white old rolls or old NF String rolls but on ebay they are listed eveyday. Even if you see the paper looks right it can be re-sealed. Always be careful, try a sample before more of them.
Never trust auctions that say "old bank audit" or any of that, I have never seen an old mixed date wheat roll (I'm sure they exist but never seen) or a real old IHC roll so I would be skeptical.
You can buy the roll crimping tool machine or twist it yourself one for cheap:
http://www.semacon.com/prod_Crimpers.htm
http://www.banksupplies.com/catalog/product_info.php/cPath/814/products_id/1567
_________________ Ed
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DickExpert Member
Posts: 5780 Joined: 21 Sep 2006 Location: Rialto, CA.
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Posted: Mon Nov 17, 2008 6:47 pm |
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Ed, Kurt, I agree with both. The only problem is, one cannot see either end of a roll,. Therefor has no idea as to the "grouping" of the contents. The last two IHC rolls, (and they will be the last from this guy)., were total junk. the 1865 is so cruddy, and worn that it is hard to see the date. The "worked-over devices are very well done, but very not MS! I have about four, or five from the total rolls I have gotten. The wheats are a bit better, but the last bunch were horrible! This bunch has a lot of 12, 17, 17-D, a 15-D etc. IO can go along with that for a while. Another 12-S in this last group. Out of 9 rolls of teens, and mixed wheats, there are 34 17's. Bad point is, I have every date, and mint that were in the several rolls, including the IOHC. Gotta finf a new seller, or quit buying wheats, or IJHC!
Dick
_________________ " Deja Moo: The feeling that you've heard this bull before".
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eagamesExpert Member
Posts: 3013 Joined: 15 Nov 2005
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Posted: Mon Nov 17, 2008 7:06 pm |
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Dick,
Part of the problem might be that once you fill your sets with the common ones then it's exponentialy less likely you will add much from buying more rolls.
When you start an empty folder it seems easy, they fill fast but the one's you don't find are the tough ones.
I notice that local dealers sell bulk wheats but if you search them it's mostly common and if there's an unc it has a spot and if there's a rare one it's a cull so they're selling in bulk what they can't sell in singles. Still they miss varieties. LOL
At a certain point you're better off buying the ones you need.
Be sure to double check your 17-P cents, often the DDO is tough to see in low grade ones so be careful.
_________________ Ed
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eagamesExpert Member
Posts: 3013 Joined: 15 Nov 2005
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Posted: Mon Nov 17, 2008 7:13 pm |
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A co-worker had folders he started in the 60s. They had nothing rare, the same common ones you find today but it had a damaged 09-s. I told him the folder wasn't worth much but the damaged 09-s was worth something. He said the 09-s was the only one he bought and it was $18 when he got it 40+ years ago. I told him it's still worth about the same, problem coins don't gain much value. I told him to bring the others and I'd check for varieties.
_________________ Ed
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KurtSSenior Member
Posts: 875 Joined: 15 Feb 2008
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Posted: Mon Nov 17, 2008 9:19 pm |
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| I told him it's still worth about the same, problem coins don't gain much value. |
--which is a good argument towards buying problem-free IHCs above the "cull grade" if at all feasible for your budget. On that note, I happened to find a very nice group of IHCs 1880-1909, problem free and 80% of Red Book price.
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DickExpert Member
Posts: 5780 Joined: 21 Sep 2006 Location: Rialto, CA.
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Posted: Mon Nov 17, 2008 11:49 pm |
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Kurt, That would approximate my folder one, (of four). No 85, '94, or '09, no "S"'s. Except for the problems. I don't grade,for good reasons, and just fill the hole that matches a coin date in hand. Very scientific! You mention budget. Conseide thisL: My wife's SS, my SS, and Navy pension, is just over 2k/mo. Still under the poverty level. And a coin collector. Makes for "tight poker"!
Dick
_________________ " Deja Moo: The feeling that you've heard this bull before".
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