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<p>[QUOTE="benveniste, post: 934491, member: 25547"]First, "unsearched" <i><u>at best</u></i> means unsearched by the dealer. There's no way they can assure you they weren't searched before they got them. </p><p> </p><p>Running a few quick numbers here:</p><blockquote><p>Typical price for a bag of 5000 "unsearched" wheaties: $300</p><p>Junk Silver Price: 12-13 times face.</p><p>Dealer "Junk Box" price for Indians, Buffalo Nickels and War Nickels: $1 each.</p><p>"Junk Box" price for a steel cent: $0.25 at most. (These are often giveaway items). </p><p><br /></p></blockquote><p>So by my calculations, you are paying approximately a 100% premium based on the dealer's assertion that the material came directly from some farmer's stash. Effectively, that's no worse a deal than playing the typical state lottery. I don't know if the "dream" is worth $15 bucks to you, but that's a personal call.</p><p> </p><p>That said, I do wish to point out some inconsistencies in the seller's claims. A "coin counter" can't separate out bronze indians from lincolns, buffalos from jeffersons, nor mercs from rosies. In theory, it <u>could</u> pick out steelies and war nickels from other jeffersons.</p><p> </p><p>Next, take a look at this site: <a href="http://www.pennies.com/depression.htm" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.pennies.com/depression.htm" rel="nofollow">http://www.pennies.com/depression.htm.</a> You may notice that a) those kids look familiar, and b) the price at that site is $27.95 instead of $29.95. You may also notice that the site claims both "500,000 Old Coins hoarded from the Depression" and "This collection of over 1 million old US coins..." Which is it?</p><p> </p><p>Finally, in a hoard dating back to the Depression as claimed, I would expect to see SLQ's and even a sprinkling of Barber coinage. If the material is unsorted as claimed, what happened to them?[/QUOTE]</p><p><br /></p>
[QUOTE="benveniste, post: 934491, member: 25547"]First, "unsearched" [I][U]at best[/U][/I] means unsearched by the dealer. There's no way they can assure you they weren't searched before they got them. Running a few quick numbers here: [INDENT]Typical price for a bag of 5000 "unsearched" wheaties: $300 Junk Silver Price: 12-13 times face. Dealer "Junk Box" price for Indians, Buffalo Nickels and War Nickels: $1 each. "Junk Box" price for a steel cent: $0.25 at most. (These are often giveaway items). [/INDENT]So by my calculations, you are paying approximately a 100% premium based on the dealer's assertion that the material came directly from some farmer's stash. Effectively, that's no worse a deal than playing the typical state lottery. I don't know if the "dream" is worth $15 bucks to you, but that's a personal call. That said, I do wish to point out some inconsistencies in the seller's claims. A "coin counter" can't separate out bronze indians from lincolns, buffalos from jeffersons, nor mercs from rosies. In theory, it [U]could[/U] pick out steelies and war nickels from other jeffersons. Next, take a look at this site: [URL="http://www.pennies.com/depression.htm"]http://www.pennies.com/depression.htm.[/URL] You may notice that a) those kids look familiar, and b) the price at that site is $27.95 instead of $29.95. You may also notice that the site claims both "500,000 Old Coins hoarded from the Depression" and "This collection of over 1 million old US coins..." Which is it? Finally, in a hoard dating back to the Depression as claimed, I would expect to see SLQ's and even a sprinkling of Barber coinage. If the material is unsorted as claimed, what happened to them?[/QUOTE]
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