Original ms 65+ roll of 1938 buffalo nickels

Discussion in 'Coin Roll Hunting' started by Kermit, May 9, 2022.

  1. Paddy54

    Paddy54 Well-Known Member

    You know they arent that special or rare.....you dont have the Hope diamond there, you have a unc. Roll of the hightest production of buffalos.
    And the example you showed is a $15 retail in its current state.
     
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  3. wxcoin

    wxcoin Getting no respect since I was a baby

    There are still some great finds out there; albeit rare. A collection came to a LCS in my area a year ago that was put together by a collector who died in 1946 and was saved by his family for 70+ years. Many years ago I bought some nice (65+), red, Lincoln wheat cents from a dealer at the annual Oklahoma Coin show. He told me that he bought out an old Arkansas coin dealers stock and found hundreds of original BU rolls from 1934 on. At the time I wish he had brought a few with him.
     
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  4. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    The enders you pulled out look nice. I wouldn't worry about selling the whole roll together. No roll is going to be full of Gem+ coins, possible but not likely.
    You could always sell them here. One or two at a time. Sell them for a reasonable price and let the new buyer grade the coin.
     
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  5. Kentucky

    Kentucky Supporter! Supporter

    Nice coins, I wanna see 'em
     
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  6. jtlee321

    jtlee321 Well-Known Member

    One of my favorite coins to collect! I'd love to come across an original bank roll. It would take a lot for me to not open the roll and check each one for varieties and GEM+ grades.
     
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  7. Michael K

    Michael K Well-Known Member

    I like the 38-D. Even ungraded this could be 1600. More if there are D/S varieties. And if some are higher than MS-65 than over $2000. I wouldn't grade them all. I would find 3 or 4 that are spectacular, and grade those.
     
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  8. Kermit

    Kermit Junior Member

    Can anyone find a link to a complete one date roll on any sites for sale in BU?
    Doesn't matter what buffalo year.
    I tried Google and only circulated
     
  9. Kevin Mader

    Kevin Mader Fellow Coin Enthusiast Supporter

    Gray sheets for pricing.
     
  10. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    If you want these types of rolls you better talk to your local dealers. If it was me I would have already had them graded BY PC (me)and some sold, The pastels are a nice look on a 38", can you get any better photos?
     
  11. masterswimmer

    masterswimmer A Caretaker, can't take it with me

    I am not the least bit surprised you couldn't find any online.

    First, your roll is opened. Therefore, all coins in that roll are suspect to your claim of BU without giving the buyer the chance to scour the roll.

    Second, since your roll is opened, the sum of the parts are greater than the whole. If you were to sell those coins individually you'd yield more than the entire roll price, unless of course the buyer was afforded the opportunity to peruse the roll to ascertain your claim of BU on all coins within.
     
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  12. spirityoda

    spirityoda Coin Junky

    Geez...open the rest of the roll already. I want to see more toning on those.
     
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  13. Michael K

    Michael K Well-Known Member

    My point is, if the whole roll are MS, if there are any in there that are really high
    (67 w/e) those I would get graded as they will bring a premium,
    and then the rest can go for $40 each or whatever the market price is these days. There's no reason to grade all of them if only 3 or 4 are going to bring a very high price. People may want to buy them raw and hope to get a good grade when they send it in themselves. But I agree since it is opened, you may as well go through them one by one. They may not all be BU, they may not all be 38-D, there may be some D/S in there, there may be a very high grade which has been protected all these years by not bumping up against any other coins. You won't know unless you go through them. Since you can't lose money on the deal I don't see any reason for not looking at the whole roll. There could be a dazzler in there.
     
  14. kazuma78

    kazuma78 Supporter! Supporter

    Its possible, my great grandfather saved 4 rolls of 1913 Type 1 Buffalo nickels and every one I've ever submitted came back at MS65-67. There may be some 64's in there still but I haven't submitted any more of them for awhile.
     
  15. Mr.Q

    Mr.Q Well-Known Member

    Now that you opened the roll get them all out, identify them and put them in rounds to preserve them. If they are all '38D's you have a win-win. Thanks for sharing, good luck.
     
  16. Mountain Man

    Mountain Man Well-Known Member

    Because 1938 was the last year for the Buffalo nickels, many people "hoarded" them, which is why high quality ones aren't that expensive now.
    I'd say this was one of those rolls and worth going through to see if you have any high grade ones to have graded and slabbed.
     
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  17. steve westermeier

    steve westermeier Cancer sucks!

    That would be 'Doggy Downers'!
     
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  18. Cheech9712

    Cheech9712 Every thing is a guess

    So glad for you. I don’t have a 38d. I think their very well hoarded. You might as well open those puppies up. Take care of them
     
  19. Cheech9712

    Cheech9712 Every thing is a guess

    Show your rolls members. Let’s see a full roll of 1916 Mercury Dimes
     
  20. John Burgess

    John Burgess Well-Known Member

    https://coins.ha.com/itm/rolls/roll...buffalo-nickels-total-40-coins-/a/1132-1441.s

    the above auction was 2009, it was like $1100 ish.

    literally every dealer on the internet is selling them as singles, but where do you think they got them? From a roll on a collection purchase. You don't find whole rolls for sale often because dealers and littleton and everyone retails them. they buy up rolls cheap and sell them as singles so overall they make the profits.
    basically the difference between wholesale and retail.

    A roll, is just that, a roll. they buy them cheap as they can, look through them for varieties to sell for higher or high grade coins, and resell the common ones, one at a time so they don't take a loss on it and make some money.

    if you are wanting to make that littleton or dealer money, then you gotta do the work and retail the singles. Otherwise, you'll be getting wholesale price, or lower, for the roll.

    Like was said, they were hoarded. it might be the first you've come across but it's exactly why you found plenty of listings for uncirculated and BU single coins, and a rare instance of a BU roll. People like you that come across them, don't flip the rolls as "unsearched" because you won't maximize the return like that.
    They search for the highest grade coins, and varieties, and the rest get sold raw as uncirculated singles or BU singles.

    Regardless of how you present it on like Ebay or something as an Unsearched roll of 1938D with pictures of the roll sealed and claim all are uncirculated, and yet completely unsearched.... it's still going to sell in the area of a mixed roll of buffalos of various dates maybe a bit higher than that if you are believable that it's all uncirculated, solid date, and "unsearched" and one of the people that sells them as singles will make the majority of the money off it instead of you. maybe the roll sells for $40-80... $100.... representing it that way, where selling singles might net you $10-$20-$30-$40 each.

    Taken out of the paper wrapper and into a clear coin tube or something, sold as a solid uncirculated or better roll on heritage or another auctionsite, probably a minimum of $1000, maybe up to $1500. if you take the "mystery" out of it and it's verified it is what it is. People would still flip them as individuals for like $40 or more each, it would not remain as an intact roll, because that's not where the retail money is.
     
    Last edited: May 26, 2022
  21. Treashunt

    Treashunt The Other Frank

    About 1990 or so I introduced a coin dealer to a client who wanted to invest in coins.

    One item that he offered [to the client] was an original roll of 1938 D buff's.

    I saw that the were either RPM's or the over MM's.

    I really wanted to get that roll, they were all Gem uncs.

    unfortunately, the client bought them.

    Rats!
     
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