Buying, Collecting, Searching Lincoln Cents
Lincoln Cents are very popular to collectors, especially with mint error and variety collectors, and those looking for a rare and valuable error to "cash-in". It appears that every year and mint has some variety or error and collectors and dealers alike buy them by the thousands, in boxes of rolls, bags and collections. Many new errors and varieties are being found each year, as well as, valuable errors and varieties already discovered.
The Lincoln Cent has been minted for well over 100 years, and mintages have been in the multi-millions to multi-billions, so there's plenty to search and plenty of collections, rolls and bags that have not been searched. It's easy to obtain rolls from a bank for face value, and sometimes can be bought in collections for for a little over face value. It's no wonder their wide appeal to collectors.
Why wouldn't a collector, armed with the latest Cherry Pickers Guide or Strike It Rich With Pocket Change books, not search through rolls or just their pocket change, to find a hidden gem or be the discoverer of a new error or variety? It's something that can be done with family members or to pass time on a cold or rainy day.
Furthermore, with the increase in values, low mintage coins are still to be found in unsearched lots, rolls and collections. It's a fact, you can't lose anything when you obtain Lincoln Cents at face value, you can always get your money back.
Words of caution: If you're a collector or plan on searching Lincoln Cents then be wary of whom and where you buy them from. Ebay has hundreds of lots, and many claim to be unsearched, others claim a rare end coin in the roll, but it's not always true. If you would rather not buy cents at your local bank then look for mint sewn bags, original bank-wrapped rolls (watch for sellers and dealers who bank-wrap their own), or purchase lots from dealers who have a good track record for being honest on what they sell.
You should do some research on what a actual and original bank roll should look like, and stay clear of rolls wrapped in modern looking wrappers. If a seller is hyping up their rolls and lots with terms like "estate", "unsearched", "jar found", "box of mystery coins", "long lost hoard", etc., then check their feedback and reputation. Many of these sellers have very recent and multiple negatives and I can't recommend buying from them. I don't and you shouldn't.
I have been selling on ebay since 2002 and my two ebay id's are coinscoinscoin and coinauctionshelp, and I have watched certain sellers trying to sell, the same product with the same story or promise, for years.
I have a few detailed guides to help you buy coins at ebay and the links are below. I encourage you to read them and take heed to what they say.