I have no clue if they sell good stuff or not. It is what you get so it's all a risk if you ask me.:secret:
My local dealer will sell me a 5000 bag for $200 of "unsearched" wheats, 10x more coins for the same price. The other "bonus" coins from pennies.com are junk worth less than $10. Just MHO.
I posted in another thread SEARCHED wheats go for about $180 a bag wholesale. I pay $275+ shipping a bag for " unsearched" bags and have stopped buying them. I no longer handle " unsearched " wheats, it is a ding to the credibility. For while, it was great but has since dried up.
I pay $220 for 5000 ct bags from a local dealer. Some bags are great some so so. Just depends on dumb luck
There you go SweetWheatz....I stated in my other thread that the bags retail near the $220 mark, thus the $40 profit margin I mentioned. You have to be carefull with bags. Some are truly junk dumps from a type coin coin guy who considers wheats generic, and they are by far the best bags. Many are just tossed in a bin at the local shop ( after keys are pulled ) , many are searched, raped, pillaged beyond belief. It is up to error and variety folks to get that last bunch and get anything out of it. In 2007, my bud Mark and I searched at least 200 bags, by date. We had 10 coffee cans, 0-9 ( pre 1934 only ).....that was the initial search, then on to more specific roll building by date and mm. Every single 1917,1936 and 1944-D went under a scope ( we slabbed (3) 1936 DDO#1's that year ) and 7 1944 D/S. Thats 1 million cents hand searched. Thats how I got my roll inventory. If paid by the hour, we went backwards...but I do have a nice roll inventory Some variety searchers can take a "junk" searched bag and yank 25-50+ rpms, ddo's, ddr's, etc etc
