The Morgan Roll Guy...How Does He Get The Toning?

Buying " original, unsearched". Morgan rolls is always a bad idea, as they are as a rule not genuine. Mint rolls were non-existent-- we all know about mint bags, and resulting bag marks. I have never in all my years as a Morgan collector to have found the eBay " unsearched rolls" of Morgans to be anything but fraud or hype.

 

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Good luck and thanks for sharing your experience with us.
Many of us here are ebay buyers/sellers and we always have our radar up for scams and rip-offs.

 

About 25 yrs ago purchased 6 original unsearched bank wrapped rolls of Morgan dollars.

 

Sorry, but I make it a habit on eBay not to buy from anyone having the word "treasure" in their user name.

 

Hate to say it butttt....I think you have a better chance of hitting the lottery then these rolls being original unsearched. Good luck!

 

Keep in mind that while the seller believes that opening the roll prevents a return and refund that eBay believes if the item was misrepresented you can still return the roll even after you open it.

 

What was the source?

 

From a local coin shop. The owner was a good friend of mine whom I done a lot business with back in 80s & 90's.

 

And what did you find in those rolls ????

 

Looking forward to the outcome! It would be good to see that you got a good buy! I have probably a bit too much faith in ebay sellers if they are highly rated but so far, I get what I am paying for. I think anyway!

 

I am watching their feedback like a hawk, everyday more positives and nothing negative is said. There's a possibility the listings are legit; my fingers are crossed. USPS Registered Mail tracking never gets updated, it's still showing the same thing as 24hr ago. I hope to receive them soon and figure this out once and for all!

 

Quite a few MS64s and 65s..

 

In addition to the fact that they appear to be AT, the toning patterns are not correct. The end coin from a paper wrapped roll should show End of Roll toning



NOT Bag Toning



Here is one of his EORs



I don't think the toning on that coin is market acceptable and it certainly didn't come from the paper roll. That in addition to all the other red flags should put up a stop sign. For the guy who bought these rolls, I hope I am wrong and I look forward to your video.

 

Pending the unrolling, I plan on letting PCGS be the judge on whether the toning is real or not; with that said though I agree the toning may not have came from the rolls alone, perhaps the rolls were stored in a box or a bag as well, I don't know. Maybe there's some natural explanation for all of the strangeness. The numerous rolls that appear every week with these intriguing toned ends; the 100% positive feedback and no complaints; the preference of the seller to sell the rolls as-is instead of opening them all and searching for rarities.

 

This is just a general comment about reviews: they cannot be trusted. No one knows who the reviewer is or their level of expertise. The people buying these rolls are probably similar to yourself - new to collecting and hopeful for a good buy.

People seem to do best at buying coins when they have more knowledge about the coin then the seller does. This could be someone buying a new variety, identifying a coin in a junk bin as valuable, buying an undergraded coin and submitting it, whatever.

Something else to consider - how much more do you want to spend on these coins you haven't seen? Letting PCGS decide if the toning is market acceptable can be costly - about $30 - $50 each? There are guys here much smarter than me who know what they're doing and still strike out.

Ah, I ran out of steam there. I really do hope you get something nice for your money.

 

Just admit your mistake, and move on, as all of us have done. EVERY collector here has made mistakes, and have learned the hard way. You came here, and asked for an opinion--you got it. 99% of the eBay "unsorted, unsearched rolls" of Morgan dollars are fraudulent,deceptive, or ignorant sellers. Also, a few people who have significant experience told you that the toning pattern is wildly inconsistent with end roll toning (it is, trust me on that one). So, letting PCGS decide will simply yield the obvious conclusion--a roll full of common date artificially toned coins. Write it off to something you will never do again, and consider it a good learning experience. To me, submitting obviously AT coins to PCGS is a waste of money.

 

The end of roll alleged toning is very obvious AT to me. Those brilliant rainbow toning patterns aren't that common, and certainly do not show up at the end of rolls---they tend to be from other storage methods. This coin in the picture is an artificially toned coin, inserted in a roll that has been aged to look like it is from the 1900s.

 

Ouch! If it seems to good to be true! I have mistaken lately in that way!

 

The premise of me posting was to determine what the rolls contain and to share it with everyone. I'll admit the mistake after I open the rolls, if it was a mistake. Just to clarify, I didn't ask for anyone's opinion on if the rolls were real, I said I was going to video tape me opening them. I have probably hijacked this thread since it was originally asking "how does he get the toning," so when my rolls arrive and I unroll them, I'll create my own thread.

It's hard to believe, but I've got a glimmer of hope. If they're common dates of course I'm not going to bother sending them in. I welcome your thoughts when you see the coins from my video!