Don't Buy Bank Wrapped Rolls Of Morgan Dollars. Here's Why.

If it doesn't fit anywhere else, POST IT HERE. Numismatic related posts only.

Moderator: Daniel

Post Reply
Message
Author
User avatar
Daniel
Administrator
Administrator
Posts: 13923
Joined: Wed Jan 28, 2009 4:59 pm
Location: Ohio
Has thanked: 127 times
Been thanked: 231 times
Contact:

Don't Buy Bank Wrapped Rolls Of Morgan Dollars. Here's Why.

#1 Unread post by Daniel » Wed Dec 18, 2019 7:00 pm

You never want to buy bank wrapped or so-called unsearched Morgan Dollar rolls at ebay. You see these rolls often and they're not bank rolled but hand rolled and crimped at the seller's place of business. The paper is often roughed up, dates and waxed to make them appear old and some have a bank or some business on the wrapper. You will also notice they will use a CC reverse on on or both ends and if on one end they will use the obverse of a 1893 or an 1889 so people think there's potentially a rare uncirculated CC in the roll.

It's all a sham and my videos below show you how they do these rolls, where they get the coins and how they have their feedback on ebay edited.


Morgan Roll Fraud


The Evidence



doormandak
Coining Around
Posts: 3
Joined: Thu Jan 23, 2020 12:08 am
Has thanked: 2 times

Re: Don't Buy Bank Wrapped Rolls Of Morgan Dollars. Here's Why.

#2 Unread post by doormandak » Sun Feb 16, 2020 11:45 am

Good to know if or when I ever move into the bigger coins...Thanx

User avatar
Paul
Master Die Variety Examiner
Master Die Variety Examiner
Posts: 6153
Joined: Wed May 29, 2013 9:19 pm
Location: Wisconsin
Has thanked: 89 times
Been thanked: 224 times

Re: Don't Buy Bank Wrapped Rolls Of Morgan Dollars. Here's Why.

#3 Unread post by Paul » Mon Feb 17, 2020 11:25 am

:trophy:
C.O.N.E.C.A. Wi State Rep
Fly-In Club Wi State Rep

Joni
Coin Collector
Posts: 32
Joined: Fri Mar 27, 2020 9:42 pm
Has thanked: 17 times

Re: Don't Buy Bank Wrapped Rolls Of Morgan Dollars. Here's Why.

#4 Unread post by Joni » Sat Mar 28, 2020 8:37 pm

Thank you Paul-yes good to know if I get into buying these coins!

Joni
Coin Collector
Posts: 32
Joined: Fri Mar 27, 2020 9:42 pm
Has thanked: 17 times

Re: Don't Buy Bank Wrapped Rolls Of Morgan Dollars. Here's Why.

#5 Unread post by Joni » Sat Mar 28, 2020 8:38 pm

Thank you Daniel🌟

muddman
Coining Around
Posts: 1
Joined: Wed Jun 17, 2020 1:35 pm

Re: Don't Buy Bank Wrapped Rolls Of Morgan Dollars. Here's Why.

#6 Unread post by muddman » Wed Jun 17, 2020 1:48 pm

Love your videos BTW.
I was changing TV channels to WGN out of Chicago this morning and came across what I guess a 30 minute coin show ad. usually they have an AARP medicare infomercial running.
I only caught a few minutes and didn't write down the name of the so called coin shop.
he was selling a roll of Morgan's with a CC ender and I believe a 1884 on the other end, selling for $1799.10 LOL. pitch was that there could be rare CC's in roll worth $100000+ and you were paying less then $100 per coin LOL.
Not sure if you or others have seen that infomercial.

User avatar
Daniel
Administrator
Administrator
Posts: 13923
Joined: Wed Jan 28, 2009 4:59 pm
Location: Ohio
Has thanked: 127 times
Been thanked: 231 times
Contact:

Re: Don't Buy Bank Wrapped Rolls Of Morgan Dollars. Here's Why.

#7 Unread post by Daniel » Thu Jun 18, 2020 6:06 am

No but i would like to know and thank you.

User avatar
Paul
Master Die Variety Examiner
Master Die Variety Examiner
Posts: 6153
Joined: Wed May 29, 2013 9:19 pm
Location: Wisconsin
Has thanked: 89 times
Been thanked: 224 times

Re: Don't Buy Bank Wrapped Rolls Of Morgan Dollars. Here's Why.

#8 Unread post by Paul » Thu Jun 18, 2020 9:15 am

:welcome:
C.O.N.E.C.A. Wi State Rep
Fly-In Club Wi State Rep

Post Reply