Thoughts on OBW? Do they exist?

Discussion in 'Coin Chat' started by Minanius, Mar 27, 2023.

  1. Minanius

    Minanius Member

    Just trying to gage the community's perspective on them. I've recently ran into an issue on ebay with someone else maybe seeding their rolls, however, this other ebay seller seems pretty legit and the rolls themselves look good to me with coins having proper toning and such on them. My question is, do you believe that people would genuinely sell uncirculated rolls, or it's all a pipe dream?

    Also here is this guy's ebay store. His rolls looked good.

    https://www.ebay.com/usr/tomhugre

    Appreciate y'alls input!
     
    Cheech9712 likes this.
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  3. Paddy54

    Paddy54 Well-Known Member

    OBW do they exist? Only in our dreams! I put the odds at 1 tenth of 1 % to be genuine.
    Your seller all fake! Wouldn't touch them.
     
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  4. masterswimmer

    masterswimmer A Caretaker, can't take it with me

    There isn't an ice cubes chance in hell I would trust a sale on ebay, Etsy, or any other online source claiming a coin roll is an OBW roll.

    The naivete of those thinking OBW rolls exist is what fuels the scammers to continue to post their fraudulent coin rolls. If nobody bought them we'd see very quickly how they cease to exist.
     
  5. numist

    numist Member Supporter

    Total marketing ploy that's been going on for many years.
     
  6. ToughCOINS

    ToughCOINS Dealer Member Moderator

    Personally, I think when a seller wraps their marketing approach around rolls being original unsearched, it's only a matter of time before they run out of them, and begin stretching the truth to keep going. Therefore, it's important to approach such "opportunities" with skepticism.

    On the flipside, I have some OBW in my long forgotten collection (not represented by advertised inventory), but they are not for sale. I know others who also have OBW.

    Are they better date coins? Were they well-stored against environmental damage? Who knows, but I can assert that OBW do exist.

    I think it's better to consider the source when looking for OBW . . . find them from a dealer who hasn't had them in a number of years, and bought one or a few in an old time collection.

    I kind of hate to say this, but, if you continue buying them from a seller who seems to find a new batch every few weeks, well . . . I think you are a slow learner.
     
  7. potty dollar 1878

    potty dollar 1878 Well-Known Member

    Buy them at the bank and find some goodies for only face if you really want to,CRH is really fun!!!.
     
  8. Lon Chaney

    Lon Chaney Well-Known Member

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  9. rte

    rte Well-Known Member

    Exactly, could you save gas money and time standing in front of the teller? :p
    I to have some OBW rolls from the late 60's/70's holed away. Bought them from the back as a kid in Arizona.
    Worth? But they are unsearched.
    I knew a collector that passed away that had thousands stored. The kids actually moved them to Michigan from Arizona instead of just stopping by the bank.
    Some even show up at the local coin club meeting auction but you almost have to question those.
    You would almost have to have a roll in hand and verify...then the chances are low.
     
    Last edited: Mar 27, 2023
  10. Cherd

    Cherd Junior Member

    Getting boxes of mint fresh coins from banks is a pretty easy thing to do, I wouldn't be overly suspicious of a claim like this.

    But, when it comes to "unsearched" rolls that all happen to have a VBD or Indian reverse on the end...... that's a completely different story.
     
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  11. Jeffjay

    Jeffjay Well-Known Member

    How many people have been taken by the VDB end coin scam. I have seen them in roll listings on eBay everyday for years.
     
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  12. wxcoin

    wxcoin Getting no respect since I was a baby

    I know that Oven Baked Woodpecker tastes good.
     
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  13. Mountain Man

    Mountain Man Well-Known Member

    Original Bank Wrapped rolls of coins might be found in Estate Sales. Not online, but in person, local, sales. I've made friends of the auctioneers in my area and they notify me when an upcoming auction will have coins in it.
    Search your area and make contact with auctioneers that would notify you. Might hit it big.
     
    Cheech9712, Minanius, wxcoin and 2 others like this.
  14. rte

    rte Well-Known Member

    My local mobile auction estate seller sells some of his coins along with other people's stuff.
    Also has shill bidders in the audience. IF something is a good deal they will be the high bidder and resell later.
    I knew a person that worked there and they enlightened me as to who the workers were that were bidding in the crowd.
    After that information I quit going to the auction estate sales.
    Hard to compete with an auction house that has deep pockets.
     
    Minanius likes this.
  15. Vertigo

    Vertigo Did someone say bust?

    Once again, there is no such thing as an OBW on ebay. End of story
     
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  16. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    I used to search out old collector guitars in a previous life. I cannot tell you the number of times I was put on a lead that went something like…… 1959 Les Paul. Kid put it in his closet when he was shipped off to Nam and his parents never took it out…… Yeah, I chased a few of these and they were always trumped up stories…. I’m sure there are some 59 Les Paul’s in some closets somewhere and I am sure there may be unsearched bank rolled coins out there too. I doubt you will find any legit on EBay though.
     
  17. delila1

    delila1 Undermedicated psychiatric patient

    The original bankrolls are probably in Al Capone’s safe
     
  18. Lon Chaney

    Lon Chaney Well-Known Member

    I have sold OBW rolls on ebay that I've saved - from year 2003 up until a few years ago. I plan to sell more too, I have a lot left.
    So I think a distinction needs to be made between older rolls and newer rolls.
     
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  19. Cheech9712

    Cheech9712 Every thing is a guess

    Most people say there’s no such thing. But you must really really know from whom you’re buying from. I have a roll of 43 cents. So there is some
     
  20. Cheech9712

    Cheech9712 Every thing is a guess

    Huh?
     
  21. Cheech9712

    Cheech9712 Every thing is a guess

    Hell I’ll buy a roll.
     
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