Original Morgan Dollar Bank Rolls

I came across this auction on Ebay for an "Ultra Rare Original Morgan Silver Dollar Bank Roll - O, S, CC, P mints" ...

After looking at it and reading the description I have a few questions for those that are familiar with the originality of Morgans and how they moved through banks.

1) How likely is it that this roll has never been opened AFTER being assembled at the bank stamped on the roll? In the item description it says the bank folded in 1907. (Wouldn't the end coins be more toned?)

2) Why in the item title would the seller state multiple mints? Is that just to cover all the possibilities of dollar coins that circulated at that time?

3) How does the fact that both end coins show their reverse and are CC Morgans strike you?

(I am not the seller, affiliated with the seller and certainly not able to afford such a roll, just curious about the history of such rolls)

 

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It's not impossible but it's highly unlikely. It's easy enough to get hold of old paper bank rolls and crimp yourself with crimping machines available on ebay. And I'm not saying this is the case here but even non collectors should know to ask a dealer before they blindly put up a roll like you are describing. I'm sure that I, and many others here would have broken this open to see what might be inside before selling any of them. A CC on the both ends screams for me to open this before selling as is. The chance of both end coins being reverses is just a luck of the draw when rolling.

 

dont trust it, i wouldnt.. too much money,,

 

cc are to expensive no matter what the year , and to have 2 on confirmation.. is balls to the wall insanity

 

You can almost answer all your questions in one:

1) Because these types of listing usually only work out well for the seller. Buyer Beware.

 

If that was an original unopened roll of Morgan's that would be one of the coolest items to own. However the chances of it being original with all of the scamers online is very low. Not to mention they are charging $49 to ship? Why in the world would that need to cost that much to be shipped.

 

Plus seller states - "Returns are accepted when the buyer pays for return shipping, and returns the roll(s) unopened, undamaged, and not tampered with"

How do you know if the rolls are what he's advertising them as if you don't open them???

 

I love this part:

These rolls sell for upwards of $10,000 and could contain any number of 1800's era coins. I believe they are worth more unopened than opened and that is why I'm liquidating them sealed and unopened.

Of course you wouldn't recommend opening the roll, that way, you can't be called out as a scammer.

 

My opinion? Run. Away.

 

RIGHT! And if the rolls are unopened how does he know they go for 10,000$??

Red flags everywhere in this auction!!!!!!!

 

Probably full of Ikes in the middle of those CC Morgans.

 

I believe they are worth more unopened than opened and that is why I'm liquidating them sealed and unopened.

Only to you, buddy. Will this madness ever cease? Not as long as a gullible optimist survives in the wild.

 

Ike's are a bit larger, but I get the sarcasm.

 

It is a sham, plain and simple. The seller is using the name of a bank that did, in fact, exist, but just because the name is on the roll, written in old-timey font, certainly does not make it legit. Oftentimes in trying to use a font that appears "old", sellers of such rolls will actually use one unknown at the claimed time period, so while not an easy chore, this is another potential way to verify the obvious. Such offerings exist, no offense, to play upon the yearnings of the gullible; nothing less and certainly nothing more.

As an aside, a quick scan of the seller's other listings should indicate that he is not in the game of providing customers with such "rare" collectibles, but is doing just as I said above in regards to preying upon those with more money than sense, or ignorant of what it is they're bidding on.

 

I have a house for sale but you cannot go inside before you buy it -

 

that wrapper looks like it was printed yesterday. I have original rolls from the 60's,70's, and 80's, that all look more aged than that roll. alot of the printing from the rolls in the 60's are so faded you can barely read the print

 

that wrapper looks like it was printed yesterday. I have original rolls from the 60's,70's, and 80's, that all look more aged than that roll. alot of the printing from the rolls in the 60's are so faded you can barely read the print

 

That's because the seller took such great care in the long term storage of this precious Morgan roll! Don't you know anything? <wink, wink>

 

It has to be fake (at least not rolled in 1907), because before the 1930's silver dollars came in short $10 rolls.

 

Here's a good read (not that we didn't allready know most of this) :
http://www.ebay.com/gds/Facts-about...searched-coin-rolls-/10000000176080616/g.html