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"Unsearched" $10 roll of Morgans
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<p>[QUOTE="GeorgeM, post: 4953915, member: 28550"]There were firms that rolled from bags in the 60s and 70s. But, I'm not sure how widespread the practice was, and, while this conglomeration does track with someone pulling together moderate BU coins from various bags, I suspect there's a reason that key & semi-key coins aren't present. They're valuable now because even then they were rare. Presumably, anyone digging through bags was pulling for numismatic value even back then (if they even saw them - you coukd look at 10,000 Morgans pulled at random without seeing anything rare). In that scenario, the only potential to make big money would be on coins that were not recognized as rare before the GSA distributions.</p><p><br /></p><p>But, I felt like taking a gamble. I probably could have picked each coin out individually for less (if I was even hunting for those particular dates), and maybe picked up some neat VAMs along the way. A part of me felt like buying the equivalent of a lottery scratchoff.</p><p><br /></p><p>If the posted odds are 1 out of 3.95 on $5 scratchers that they will pay off at least face value, most of us know that means if we buy 4 tickets, the most likely outcome is to receive a single $5 "winner" out of the group (for a $15 net loss). But, we all convince ourselves that the next group might have a million dollar winner hiding in it. A single BU trade dollar of CC Morgan in this roll would have been a very pleasant surprise![/QUOTE]</p><p><br /></p>
[QUOTE="GeorgeM, post: 4953915, member: 28550"]There were firms that rolled from bags in the 60s and 70s. But, I'm not sure how widespread the practice was, and, while this conglomeration does track with someone pulling together moderate BU coins from various bags, I suspect there's a reason that key & semi-key coins aren't present. They're valuable now because even then they were rare. Presumably, anyone digging through bags was pulling for numismatic value even back then (if they even saw them - you coukd look at 10,000 Morgans pulled at random without seeing anything rare). In that scenario, the only potential to make big money would be on coins that were not recognized as rare before the GSA distributions. But, I felt like taking a gamble. I probably could have picked each coin out individually for less (if I was even hunting for those particular dates), and maybe picked up some neat VAMs along the way. A part of me felt like buying the equivalent of a lottery scratchoff. If the posted odds are 1 out of 3.95 on $5 scratchers that they will pay off at least face value, most of us know that means if we buy 4 tickets, the most likely outcome is to receive a single $5 "winner" out of the group (for a $15 net loss). But, we all convince ourselves that the next group might have a million dollar winner hiding in it. A single BU trade dollar of CC Morgan in this roll would have been a very pleasant surprise![/QUOTE]
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"Unsearched" $10 roll of Morgans
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