best company to buy "UNSEARCHED" wheat penny bulks?

words to live by.
i'll be checking out that book
thanks for the suggestion.

 

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Contact him and let him know what you're interested in. I'm sure he'll figure something out.

 

You should turn that frown upside down; it's a blessing in disguise.

Two things to understand...

1) With wheat cents, if looking for anything besides lesser varieties, it really does not matter if the seller has actually searched them himself or not because the guy before him very well may have, and this is added to the fact that pulling high value dates just does not happen regularly enough to make it worthwhile. The point is that if you're looking for these "unsearched" rolls with the hopes of finding an easily identifiable date/mint worth much more than the cost of the bulk coins, the chances are very, very slim. Varieties can be a somewhat different story, but with all due respect, it is rather clear you are not yet ready for this path.

2) Anyone, and I mean anyone, who offers bulk copper "pennies" (cents) asan "investment" in copper, while comparing a cent's copper content to its present grade A price, is a snake oils salesman, and it's as simple as that. I fully realize you're not asking about buying for the copper, but it is still worth mentioning. Anyone so willing to pull the wool over their customer's eyes with such grand claims of a false investment, in my most humble opinion, is not worth doing any kind of business with. With that said, it is your money.

 

Why would anyone pay a premium for zinc cents , when you can get all you want at face from just about anyplace . It reaks as a rip-off to me .

 

Because I wanted only zinc cents from the northeastern states and a lot of them. He only charged me shipping costs. If I had lived closer and could drive there I would have gotten them for FV. That's not saying he would do the same deal for everyone but like I said he is great to work with and very honest. I was willing to pay a premium to have it sorted for me. I also got a lot of early wheat cents in the bags of zinc including a 1909 VDB. I would definitely do it again giving the profit margin I had with the coins. The two 1983P DDR-001's I found covered more than the shipping. If I lived in the northeastern states I would just go to the bank but I get a lot of Denver and San Francisco minted coins here. It's a pretty good mixture but just wanted a higher ratio of Philadelphia minted cents.

 

No one is stupid enough to sell rolls unsearched. Simply because searching them and making it appear unsearched by adding a few random dates into the mix is too easy. If you want unsearched stuff the only way to get it is find a hoard of coins that hasn't seen the light of day in 100 years.

 

Perhaps you shouldn't speak in such absolutes as there are people, myself included, "stupid" enough to do so. In late 2009/early 2010 I was able to get my hands on a fairly large number of original bank rolls, mostly from the 40's and 50's. Short of the few that were opened as testers, and later sold as unc rolls, I didn't touch nor search them. Does this make me an idiot?

 

A "very honest" guy, yet his site is full of BS about cents being a wise investment in copper and fear mongering about the future. I must say that I find it very interesting this "honest" fellow makes no mention of the fact, at least that I could find, that his precious "pennies" are in reality not worth the grade A prices he repeatedly implies. Perhaps he is only "honest" in that you get the coins promised you?

With all due respect, your claims are not adding up here. First you tell us you were happy to pay a premium to have sorted zinc cents from a different part of the country, but then claim to have found "a lot of early wheat cents" mixed in with the bags of (I assume) machine sorted zincs? It is interesting that just happened to be early wheats as opposed to the much more plentiful and less desireable later dates, including memorials. If I didn't know better I might think this all a baited hook....

 

Indeed, that's the ONLY reason you should be buying from him is to get the coins you order. Selling sorted bags to collectors/investors is not his primary business but merely a byproduct. I am also not affiliated with him by any means, I was just answering the question of the OP.

Coin sorting machines are far from perfect. Early wheats sometimes read similar to zinc when sorting by composition of the coin. And the early wheats were common high-mintage dates besides for the 09 vdb. It's not uncommon to jump to conclusions without doing much research. I'm just offering a suggestion of a source I trust to be completely unsearched by the provider. (This is taking my experience along with many members from the LCR forum that also got sorted bags from him into account.)

 

Byproduct or not, the site you linked does little other than promote the false idea of "copper" cents as an investment. He even goes as far as to openly claim that he is offering "copper" at "below spot", yet (again) never mentions the fact that he is comparing apples to oranges. Perhaps the majority on LCR are knowledgeable enough to know the truth behind such claims, but if you care to do so, please take a look at some of the old treads here (and there are PLENTY) on this subject and you'll see why I take issue with what this, ahem, gentleman does. This forum is literally full of people who either do not or cannot grasp the concept of what this really is, so while I respect the fact you seemingly made a good intentioned recommendation, it is only right that the other side be presented as well. Any contributions this fellow may have arguably made to this hobby with his

 

-Continued-

services is overshadowed, imo, by what certainly appears to be his desire for a quick buck made off the backs of those who, in many cases, can probably least afford it.

Also, may I respectfully ask how you personally define "a lot"?

 

I find looking at 100,000 one cent coins as being a lot. Inspecting each side of the coins rather than just looking at the reeding of quarters, dimes, and half dollars to see if it is silver. The man needs to make some type of revenue to cover overhead and if someone isn't informed about purchases they are making such as copper, silver, and gold or if they cannot afford to do so then they probably should not be investing in it. While I am not the one that needs to be defending this mans business, I don't understand why buying/hoarding copper would be any different than silver or gold. Also, pricing is under spot; Copper price per pound is $2.7325.

 

you can buy "vintage" wrappers on Ebay, Here is one with wrappers dated 1921
Anyone can fill them with anything
if you want wheet's buy them, but don't get sucked in on these ebay "deals"

 

Perhaps you too, sir, should do a little research; I've already explained this at least twice. "Copper" cents are NOT grade A copper, which is what your spot price is for. It does not matter how much copper is contained in a cent because it is in alloy form, and in said form they, as with other forms of alloyed copper, are not worth grade A prices. Therefore, what this man and every other schmo like him who promotes cents as an, ahem, "investment" while failing to mention that if it were legal to melt them, no refiner would pay anything near grade A prices, are selling their customers a bill of goods. Now, please... do not take my word for it. Call a refiner of your choice and ask, hypothetically of course, exactly what they would be willing to pay, then come back and tell us how "honest" this fellow is.

 

ok you had me at "snake oil" lol
thanks for the solid info