eBay COIN ROLL SCAM! Exposing shady sellers. Refunds, Revenge or Lawsuits?! eBay Morgan Dollar Rolls
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- čas přidán 16. 09. 2020
- Hi Collectors. That's right I spent $1200 on an "unsearched" roll of uncirculated Morgan Silver dollars from an auction site hoping to get high grade uncirculated coins. I sent them out to be professionally graded to make sure I was not scammed. Well the coins are graded and I have them! I'll let you decide if I was scammed. That being said I urge every collector to watch this video to educate themselves on what to be aware of before buying coins from anyone
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There was never such a thing as an unopened roll of Morgan dollars - Morgan Dollars were shipped in bags. Any roll is put together later.
Lesson learned
Don’t private banks roll coins sometimes?
I’m not sure. Most rolls are wrapped by Loomis & Brinks
@@TheCollectorOfCoins yes but like the older banks back then had paper rolls and even hotels like the flamingo hotel had paper rolls for silver dollars
Greed. The friend of every scammer. People buy these rolls hoping to find a valuable CC, etc.
Some sellers "puff up" their description of coins. That's legal. It's like a used car only driven on Sundays.
The "cleaned" designation is likely coming from over-dipping, not wiping. These blast white "uncirculated" Morgans are often low MS coins that have been dipped into oblivion and photographed at angles to hide contact marks and pock marks caused by the dip. Nobody is going to sell a BU CC Morgan dollar raw if it will grade. There's a reason these coins are ALWAYS raw. These sellers make me sick. Only educating buyers will fix this problem. I'm glad you were able to get some of your money back.
Even the AU coins you got were likely dipped. The white luster can mask the slight wear on the hair and breast feathers. I hate to think of the many more coins these sellers are dipping and getting poor results on. Original skin is getting rare, even with common years. When I see truly BU raw coins with original skin, even common years, I buy them.
Everyone one of these Morgans has been dipped. Each one was also carefully selected before being put in the roll. It is a great gig which has produced a lot of profit for these sellers.
What a racket. Gives coin sellers bad image for sure
Of course the scammers will only offer you your money back on an UNOPENED ROLL ONLY. They don't want you to discover what REALLY is in their rolls and what they SEEDED inside their rolls. I noticed they were all common dates too. WOW! WHAT A COINCIDENCE! Well, hope you have better success with your coin hunts.
I am sorry this happened to you. Unfortunately, there are many scam artists out there. I appreciate you trying to educate the community about these scams. I wish you luck in recouping some of your money. These scammers need to be held accountable. They are hurting the hobby. I generally stay away from raw coins and I hate to say this, but if it's not in a slab by 2020, there is probably a reason. Thank you for sharing your experience with us. Great topic! 👍
Thanks for watching. I couldn’t agree with you more
Have to be careful with slabbed ones too. If you do a little looking on AliExpress or dhgate you can find counterfeit holders, complete with hologram stickers and everything... They even print the labels to order ... They also just put counterfeit coins in authentic holders and reseal them.
@@tyrel6732 That is very true. It is not enough these days to know coins, one has to know slabs as well.
I sent mine directly to PCGS to be graded
“If it’s not in a slab by 2020...” yep, especially if it’s 100+ years old. Chances are that most coins like that have been missed by knowledgeable collectors or the coin wouldn’t make the MS grade.
Sometimes you have to spend money to learn a lesson you will never forget. Good video.
Very true!
Sliders (AU58 coins, usually with nearly full luster) were the bane of collectors in the early 80s before the advent of slabbing. I've still got some Franklin halves I bought in about 1983 which were graded BU according to the inserts but they are in fact sliders. I didn't know at the time that you don't always find wear on the high points with coins like that, but there will be disturbances in the fields that can't occur in a mint bag. Your 1881-S AU58 at 5:35 is a great example of this. At arm's length the coin looks fully lustrous and uncirculated, but note the rub in the field in front of Liberty's head and nose.
Great info! Thanks
Technically, Gem BU is 65 or higher but I had a misleading mindset that a MS63 was considered a Gem BU. I am not any more knowledgeable than you or anyone here but that is just what I thought. It is was cool to see an opening of one of those Morgan rolls and the grading, knowing that I will probably never be able to get one as they are so expensive. I hope you get some of your money back and you don't lose too much in the end. Even if you do, it was fun and a good learning opportunity for you and also for all of your viewers!
Thanks. This was one of the main reasons I did this
It's always amazing how many bank rolls have CC end coins, but not 2.
Exactly
I have been collecting coins for more than 40 years.
When coin grading came around it was a blessing.
I have been a member of NGC and PCGS for quite
some time and my advice to all coin collectors is
do your research and only buy graded coins.
The only coins I will buy ungraded is bullion.
Great advice indeed
Literally the only possible advantage these might have over other means of obtaining Morgans are the mixed dates, but even this falls flat as the rolls are deliberately picked through, rather than being put through a coin rolling machine like how APMEX and other bullion dealers do. I’d quite like to have a full date run of the Morgan dollars in the future, but I’ll continue to be giving these rolls a wide berth - not only do you get what you pay for too, but it’s much more convenient to simply buy in bulk from a bullion dealer or pick the dates and grades you want individually.
I figured this one out 15 to 20 years ago. But I started with the pennies. And I also did it as a hobby not trying to make a quick flip. And if you were to look at the grading results of American silver eagles, never circulated, directly from the mint in a sealed box. In fact proof silver eagles have gotten a 65 grade. Moral of the story live and learn brother..
I'm having trouble squaring the logic of (a) these being rolled in the 50s/60s and (b) the belief by either Buyer or Seller that those rolls contain only (i) Morgans (no Peace) and only (ii) in Gem BU. Were they deposited at the National Bank of Sorting Only the Best Coins?
It was a complete scam
You bought their rejects to be grade. Common dates , circulated, and cleaned .
Yep.
This is my opinion on BU levels:
Select BU MS61, 61+, 62, 62+
Choice BU MS63, 63+, 64, 64+
Gem BU MS65, 65+, 66, 66+
Superb BU MS67 or better
I have a similar view
You only had 2 coins which came close to the description....get your refund and leave negative feedback so others do not make the same mistake.
Sad but true. I did leave that feedback & got 1/2 refund. But this video helps others so hopefully the combo of things will help
@@TheCollectorOfCoins I appreciate this video. Always wondered what was between the 2 beautiful looking enders. Lol
I'd say the seller is legit; none of them were cleaned. We all had to go through the educational pcgs value exchange
@TheRugghead seller used miss leading sales practices and some were dipped.
PCGS screwed up royally with that 1885 "AG Detail". AG3 "about good" is a coin that looks about as worn as possible and still have its year legible. They clearly meant "AU". That might be a keeper just for the screw-up! :)
They sure did. So much for quality control
@@TheCollectorOfCoins That one was obvious. Who's to say they haven't given coins MS63 but typed it in wrong when they meant to give MS64-65.
Bought a few ourselves... yes they came back cleaned and low grade. The seller was Sterling Collectibles and a lot of his rolls start at over $2400 a roll. This lottery is fixed. The ends are always CC, but that is the ONLY coin. In fact that is one that came back as a cleaned coin. As did another "key date" as UNC cleaned.
that sucks! I’m sorry
These are scams most of the time people put a good coin at the end of the roll then you end up with kind of decent coins in the middle sometimes
For real
Also back in the day, before the invent of the first slabbed coins (which were Accugrade for those unaware, 1984. ANA holders from 1985-1987 command strong premiums in todays market. PCGS was founded in 1986)
The verbal terms used were
BU - generally meaning 60-62
Select Unc- not used all that much. It represented a 62 grade
Choice BU - 63
Very choice - 64
Gem is 65 and up
67 - Super gem
In the beginning you almost never saw a grade above 67. Modern stuff didn’t really takeoff from Mint until after the birth of the Silver and gold Eagles in 1986 . Shortly there after we started seeing higher grades of 69 and even 70 and it’s morphed into what it’s become today
There is a seller on ebay that enhances the photos of pcgs graded coins. When you verify the appearance of the coin is like Day and night. Also buy the coin not the slab
Well stated!
One other thing about bank wrapped rolls. They would all be of the same date and mint mark because they would be rolling them from one bag
But again they didn’t do that with silver dollars
All bank wrapped rolls of all denominations of coins, are either entirely uncirculated (because they’re from a mint bag) or they’re entirely circulated
But … they’re always from the same date and mint mark
This is a put together assembled role of mostly sliders with a couple very common date low-grade Mint State examples mixed in it probably cost the seller based on the time of this video he probably purchased them in the summer of 2020 so he probably paid no more than $500 to make that roll maybe even less
Great information! Thanks for sharing!
#8 said Cleaned- "AG" Detail meaning About Good, but should of actually been AU Detail which was likely what was meant by that typo error...talk about a lowblow below the belt!
Yep… good catch
Hi Collectors. That's right I spent $1200 on an "unsearched" roll of uncirculated Morgan Silver dollars from an auction site hoping to get high grade uncirculated coins. I sent them out to be professionally graded to make sure I was not scammed. If you haven't seen the original video please do so first: czcams.com/video/EDMm0kaYHtw/video.html
Well the coins are graded and I have them! I'll let you decide if I was scammed. That being said I urge every collector to watch this video to educate themselves on what to be aware of before buying coins from anyone
I'm surprised that PCGS doesn't consider dipping to be cleaning.
I think it depends on if they detect the cleaning
I purchased a few of thsese unsearched
rolls, 1st was a Denver mint unsearched
mercury dime roll, 1916 on one end,
and back of nice dime on the other,
paid $550.00 for this, hoping to find
the rare 16d, got a p mint, the coins
i did find a 1921 heavly worn not worth
much, so i told the seller, i got taken here
ripped bad, so we aggreed i wiuld send back all the ooened roll and that he would send me another roll to try my luck, turned out he kept the coins i sent
him, i even put a sign signature for him, so i know he got them, he never sent me
my other roll, and really screwed me over, the person went ny canyon city coins on Ebay, about 6 years ago
Same crook
Great Video. I have watched many of these SO CALLED UNC ROLLS, and they all come out to be a lie. I guess we can only wish. Please learn from this. Bank bags only No rolls and I would even think twice on the bags. Buy graded coins and only those of the top four.🤠
Thanks for watching
Coin #8 is mislabeled. PCGS graded it cleaned AG Details, meaning “About Good”. I think they meant AU for About Uncirculated. Doesn’t help much, but it’s obviously wrong.
I was just about to comment on that and saw that you'd already noted that. That's one hell of a typo! AG to AU!
Indeed… poor quality control
PCGS definition of altered surfaces which includes "anything done to a coin to improve its appearance" should include dipping. Unfortunately dipping is done to either remove the original skin or natural tone of a coin, or in hopes of the coin getting a higher grade when slabbed. The intention of trying to get a higher grade out of a coin by dipping is why I think they should be considered as having altered surfaces, IMHO
I agree with you totally. Not sure how easy it is to detect all forms of dipping. Sometimes it's obvious and other times, it's not
Buying rolled coins is the high priced equivalent of a “grab bag”
Someone made it and you will over pay for it.
No eBay seller says man I have all these Morgan rolls labeled Carson city, let me not look at them and sell them at a reasonable price.
But there are eBay sellers that go what should I do with all these empty bank rolls labeled Carson city??? Well I have a bunch of cull Morgan’s I can wrap and sell…..
Only if they don’t tell you that they made it. To me, misrepresentation is the issue
@@TheCollectorOfCoins I get the misrepresenting issue. But if you haven’t opened it how can you represent it properly?
Either way rolled coins are a bad idea. There is a reason the majority of listings have cc and trade dollar Enders $$$$$!!!!
Personally I hope you get all your money back and keep the coins. That’s what I think of the sellers selling these “unsearched” rolls
Well being the honest person that I am, I would have posted what was actually in the roll. As a dealer, I’ve made wheat Penny rolls but I make it clear with things like: “mixed roll of 1940s & 1950s circulated wheat cents” and I also say “I put that together”
And you are absolutely correct. I appreciate your comments as the main point of the video is to help educate & entertain collectors”
@@TheCollectorOfCoins I would imagine most dealers would be fairly honest. Something about face to face interactions make people more honest. But you put the internet in between your transaction and a lot of people turn to scumbags. Anonymity changes people
I always suggest do not buy uncirculated coin rolls on eBay because 99.9 are scam ..
Agreed
Most of these coins are week strikes (62-63). Gem bu coins are 64++-65.
True, but they were advertised as Gem BU 🤦♂️
I agree there were no gem bu coins in the 20coin roll.
These dollars NEVER came in rolls, these scammers can age the paper wrappers , you need to get betting educated on the appearance of the dollars, especially proof like Go to shows and examine high grade slabs, I agree with the grades you received ,hopefully you have learned a lesson, this scammer knew exactly what he was doing
Correct!!!
New sub here. Was searching coin tubes and you popped up. Great information. Hope it works out well for you. Thanks for sharing.
Thanks for watching & subscribing!
GEM is MS65 or better. I think you probably did better than most buying rolls from ebay. Good luck with your refund
That’s true. It could have been worse
If the coin is cleaned that doesn't necessarily mean it's circulated. Quite often, uncirculated coins are not stored properly.
Good point although a great way to cover up mild circulation is to clean a coin to make it look new
Bust out his name and where he advertises at, a costly lesson to be learned.
I worked with eBay to get his account taken down however I’m sure he re-registered and may even have multiple accounts. Basically avoid the Morgan rolls
This is why I don't buy online. Scammers.
"Buyer Beware" when purchasing "uncirculated" bank wrapped rolls of coins. Unfortunately many of these will have coins that are cleaned or "sliders" high grade AU's like 58 or 58+ that are just below the threshold of MS60
I don't buy coins from eBay I only buy coins from trusted sources
When I do buy on E-bay, it's always PCGS or NGC slabbed coins from sellers that have massive numbers and percentages of positive feedback. My LCS also has an E-bay store, and sometimes I'll cherry-pick from their listings, then drive to their shop with my loupe and see them in person before buying.
I always thought coin rolling started in the 1930s.I Probably like you said a Bank probably rolled them. Or some dude rolled them in in his garage. MS 65 is Gem.
Ended up being some dude with a special rolling machine.
I know exactly who the eBay seller is. That background is unmistakable.👻
indeed
Those sellers of rolls with perfect feedback don't actually have that. In the feedback profile look to see how many "revised feedback" numbers they have. Everyone of those "revised feedbacks" is a negative or neutral feedback that was taken away or revised because of a refund or partial refund to the buyer.
MS 60 - 61=UNC, ms62=B.U., MS63-64 choice B.U. , MS 65 and abovr gem B.U.
Thank you for sharing this
A great learning experience for all of us. Thank you!
Thanks for watching
For what you paid brother, in conjunction with the description, MS60-MS63 is unacceptable. With the whole gem BU description, you should get compensated for those too
id like to know how this turned out for you in the end. ive watched this vid twice now and it makes me wonder why dosent ebay make greater strides to identify the bad sellers from the good. someone should do a live video with an ebay represenitive to answer questions concerning consumer confidence when buying on thier site. thank you for this. i hope this worked out for you.
I received a partial refund on the coins that were cleaned and for those that did NOT get an uncirculated grade. I have since sold the remaining graded coins that came back MS. I think I might have broken even or maybe lost like $100 at the end of the day (when you consider cost of grading services)
“ENDS” in listing you show means THE ENDS…
Seller should not have used the word “GEM”.
How would a coin dealer/seller know what is inside. Good video🤓👍🏻
Good question!
Its Sad how Some Ebay Sellers profit off the Loss! But ive all so read that they were scooped up with shovels and Dust pans
100% agree
How can a seller truly GUARANTEE what is in a roll if it's unsearched like advertised? They would have NO IDEA like they buyer would have UNLESS THEY'RE PUTTING THE ROLLS TOGETHER THEMSELVES. Weight doesn't cut it. An AU coin would weigh the same as a BU one does. That is a cop out excuse only a scammer would use.
They can’t which is why the auction is misleading
You could send em back for a re grade some of those look better then what they graded em at... regardless man their Morgan's and not alot of em are around anymore. Their either being collected or sitting in a bank vault somewhere held by a family that bought a ton of em. Or their out in ground waiting to be found by a guy with a metal detector like myself lol. I have over 900 Morgan's my g g g grandfather buried in jars and wooden boxes and the ones in boxes are still in rolls the original rolls
Thanks for watching
For gem brilliant uncirculated I would expect 18 to be ms 65 minimum with the 2 Enders a little lower
Pragmatically I wasn’t expecting that although it’s clear the seller set an unreasonable expectation/misrepresentation (which is the main problem)
From what I understand, a "gem BU" coin is ms65 and up
That's how I think about it too
Never, never, never send a big lot of coins in to be graded together! That’s a big NO NO!! You should’ve sent the best looking one and the least best looking one in and compared them against your other 18 so you would have a professional grading standard to go by. No grader will grade 20 coins of the same kind and give you all MS 64-65. I learned this from grading cards and it has saved me and made me a lot of money! And always assume 1 to 2 pt lower grade unless you have a really true eye for coins. The grader could be in a bad mood, in a hurry, or jealous and thinking I’m not going to make this person rich. Sounds crazy but it’s true!
That’s not entirely accurate. Since this video I took ANA grading classes and learned that AU/MS is considered market grading and subjective but I now know the difference in what the grading services consider each MS grade. Further the bulk grading service of 100 coins is the most economical
Be careful when buying BU rolls. BU not only is "brilliant uncirculated" but also known as "borderline uncirculated" 🤔
It could be known as that however the eBay listing literally spelled out "Brilliant Uncirculated" in the description
when i got a bad roll of morgans i took it up with the seller and he refunded 30%. those au grades are a slap in the face. did you end up getting anything back or refund
I received a 60% refund
Alot of people have complained about the grading of PCGS
People sometimes can not accept that grading is subjective, which is why coin collectors should learn to grade. PCGS, NGC and others like CAC offer assurance. I tell people buy the coin not the holder even when buying slabbed coins
Showing these coins to we viewers from only 1 angle doesn't help us even a little. The coins should be held and wobbled around a bit so that we can see a little bit of what the grader sees.
Good point. I’ll do better next time
Hopefully your PCGS membership is the Platinum or Gold & not the Silver level since you get grading vouchers that help in regards to the grading fees when submitting coins
Yep. Luckily I had some
Watched this video today and want to say thank you for this educational video, I wanted to asked what happened with the seller, did you get any refund and I regret not watching these video before I went and bid on some coins on eBay, esp Morgandealer so I am gonna always make short unboxing videos and do quick tests like magnet test and ping test and even weigh it all on a short video so that I would have proof if got fakes, I have a digital microscope coming next week and I’m gonna learn everything I can, so is there any advice, I know it’s probably safer going to a reputable coin shop near me but like ya said you will pay a premium for certified slabbed coins
I got 50% refund and sent back all cleaned coins. I sold the remainder and almost broke even
@@TheCollectorOfCoins wow what a headache, all that time you won’t get back trying to sell and getting them graded, just wanna say really ty for this video and I sure subscribed to the channel
You’re welcome. It was definitely one of the reasons I made it
What irks me about these coin grading services is their obscure explanations about how they came to the conclusion that such and such coin was cleaned or altered. They are paid a premium to look over each coin so, how about a written description to explain why they came to that conclusion for that particular coin? You didn't mention the grading turn-around but I've seen where many on youtube have said it's taken 3-4 months on average so how long would it take to spend a few minutes type an explanation?
The time between part 1 & part 2 answers that
@@TheCollectorOfCoins You're saying that PCGS has a written paper included in the box to show exactly the area of the coin that is in question? Please provide the link or the time you are referring to.
@skypuppy7724 not at all
Thanks for the warning in my future coin serch 😎😎😎😎
You saw the scratch and still sent it in to be graded.🤔
Since it wouldn’t be practical to view all the coins in the roll and the seller said to return the entire roll he was aware you either had to open the roll, thereby ensuring if you did that you would have difficulty proving that you didn’t receive the BU advertised coins.
I hope everything works out for you.
When we learn a life experience and have to pay cash for it, around here we say “You bought your education.” You’re not the first guy to buy education. I have about a Masters degree in bought education myself. 😂
And I’m educating others too
Your 8th coin has a typo.. says "AG" instead of "AU". Some collectors pay premiums on slab errors.
Hmm slab errors?
@@TheCollectorOfCoins yes.. PCGS sometimes also makes errors when stabbing 🪙 and those mistakes fetch decent premiums. Your slab says "AG", should be "AU". A small error, but a error nonetheless.
Cool! Thanks
Everyone learns there lessons so suck it up and you learned yours. Not the wourst loss...
Already moved on
I bet the shady seller try’s to say you swapped out the coins so you could scam him , the classic scammer double flip 😂 you have a live one
Still had some nice coins but too many not making the grade...
Agreed
Looks like pcgs was a little too stingy with their numbers on some of those dollars.
Gem BU to me starts at MS65....people use the term Gem BU way too loosely in my opinion
100% agree with you
When you buy an unopen roll of coins you never know what's inside. the seller don't know unless he rolled them
So true
The seller does roll all of the rolls to rip people off. The one seller has to be a millionaire by now.
How would they know the weight of each coin? The roll wrap couldn’t be accounted for...
All coins have a specific weight. I talk about it in these videos: czcams.com/play/PLxJbf9QTwOy_ZElg0ahq_oADxeiDF16-e.html
You should do some more research on grading. You think everything is higher than it is and your mention of a couple coins being proof like is kind of funny.
Glad you’re amused
Gem to me always means 65-67
Me too
Yes to even buy a Grade one on eBay anymore you got to watch if the whole thing ain't Fake been down this road What Makes me mad is when you see there Score's and there still on eBay selling and knowing how many other People who don't know what there doing Then you got these Nuts who have seen the cleaning the coin Method and not know what there doing and destroying the value of the coins just because they want it to look Pretty all I could say if your getting in this game know what your doing because even the Best Pro Buyers get scam on these coins that's how mess up it is Sports Cards another there's Pro's and the Cons with that as well So Beware of what your Buying and Happy Hunting
I hate that too, which was also motivation to record the opening & why I sent out to grade
I’ve herd the pro coin graders say if you are not a trained pro always grade 2 grades short to be on the safe side, I think you need to take him to court . I can’t remember where you said you brought them but I really hope you didn’t get them from eBay , it is what it is . You can’t take anyone on there word on eBay when it comes to morgan rolls , it’s the biggest and well known coin roll scam there is. I feel very bad for you, you need to call this seller out. If you can’t see it do not buy it , any normal person who had a unsearched morgan roll would get them graded themselves after all they are a seller after money why would you give up that pay day ? That alone speaks volumes that you are being scammed, I’ve seen this happen time and again with morgan rolls it never ever works out in the buyers favour , yet some buyers , not saying you , but some buyers keep buying more and then more thinking they will get a good roll soon , and it never happens . There does not exist any real coin dealer who could not resist the temptation to see if there is something amazing in a unc morgan roll, unfortunately they played on your heart strings I mean shit , who can resist Morgan’s let alone a unsearched roll. I hope you get a refund , I heard PayPal and eBay don’t do refunds on gold and silver, I hope that’s not true. I hope it didn’t take to long to get the coins back from grading because all the time you took to make you complaint will now most likely work against you just like the scammer new it would . The scammer was a real pro at this because those Morgan’s didn’t look cleaned , question , do you actually youse a microscope when you grade ? I can’t wait to see what happens and thank you for sharing it takes a real man to share his big fuck ups with the world , and yes my friend I have learned from this it was very educational. If I am ever in the same position I hope I am strong enough to leave my heart out of it and youse my brain because this was a scam from start to finish and you walked straight into it. Great video 👍
Gem Brilliant is 65 and greater
That’s what I think
Had coin got low grade took it out sent back got high grade but did it got lower grade go figure
You definitely should have mentioned the company if they lied in their advertisement.
Frankly anyone on ebay selling these in this manner a scammers.
od say unc or bu would be 60+ but thats me
At least 60
Gem brilliant 65 or higher
That’s what it should mean
I like how you want to keep any coin you doubled your money on lol. Overall good video thought
Thanks
That' really sad.
Yeah… it stunk😔
@@TheCollectorOfCoins They probably didn't think you were actually going to send them off and get them graded. Well now you have the proof.
So true. I did get 50% refund
@@TheCollectorOfCoins Glad to hear that. Thumbs up. 👍
MS62 is NOT GEM, Gem is 65 or better. Sorry for such a late comment.
Thanks for watching
PCGS is really a bad grading company in my opinion.
Why?
@@TheCollectorOfCoins I’ve seen in the past different coins being graded wrong as being put in the wrong holders, not giving variety attributions,and just giving not the particular coins the respect or TIme they deserve to look over the coins, again this is just my opinion and a lot of people like PCGS,
I have coins that are uglier than yours and graded out with a higher grade now how could that be your coins almost look perfect compared to mine
PCGS is tough when grading
Isnt the total value still over $1200 though?
Not when cleaned, not when circulated
@@TheCollectorOfCoins what would the value of the coins be. I’m novice so just asking. Can’t you get $150-200 for ams63, 64
It really depends on the coin, the montage, etc. but let’s say average uncirculated grade (MS63) of common date and certified / graded by either NGC or PCGS… $80-$100.
Did you ever get your refund?
I was refunded half of the original purchase
You hate to see that happen. "Unsearched" Morgan rolls are scams 100% of the time. At best you'll get a couple sweet decoy coin enders, but overpay for everything else. Even if every coin in the center were MS63, you'd still be at a loss. As it is, it's full of the most common years like 1881-S, 1883-O, 1886, 1887, 1889, 1896, 1898-O, 1902-O, so these coins were hand-picked to be as cheap as possible.
I would have stayed away if it said Unsearched. But they listed it as uncirculated so...
The 1885 pcgs made a mistake and has it AG detail instead of AU detail so I'd have PCGS fix it and have seller refund everything since none of them was gem bu. Or atleast one that was under ms and definitely cleaned coins. That's shame and u are out grading fees just to find out seller scammed you.
I was able to get a half refund. I kept the coins that graded MS and returned everything else. That was the compromise eBay facilitates as they didn’t really understand the grading implications
@@TheCollectorOfCoins I'm glad u atleast got half refunded. It's awful u had to go through all that after paying that much money for the roll. Keep videos coming though u are in my opinion best on CZcams. Always variety and great personality
Thank you
These all looked dipped
How can you tell?
@@TheCollectorOfCoins , They seem to have a washed out subdued look to them
That might be my lighting but thanks for the the tip
that 1885 dollar wait does that mean there is a coin that's labeled unc but is ag
13:29
also au not unc
It was mislabeled
@@TheCollectorOfCoins thats bad
Yep. PCGS had quality control issue
Sadly that’s a lot of money and time for you to go through to even make this video let alone make an attempt to improve or add to your collection. EBay scares me anymore and Facebook seems almost worse.
Thanks for this. In many respects I recorded this to help other collectors on all facets of this as well to document just in case I was scammed. 13 out of the 20 were uncirculated and I knew the risks. Hopefully this helps others & gets sellers to properly disclose the risks too
there all dipped !?
No
Ms 61 or higher
Or even higher
I clean my coins here the trick I use I take my t-shirt put coin in fold of t move around circular motion and VIOLA cleaned
Unfortunately this is on the buyer. If the roll is truly unopened and unsearched, how would the seller know what is behind the first coin? No one could possibly even guarantee anything past the roll enders under those pretenses. The buyer took a gamble and the gamble didn’t pay off. There is no roll that exists that is unsearched. Do your research and learn the history of the coins. Education is your best friend in coin collecting. Don’t ever buy a coin you can’t see, don’t buy a coin where you are hoping for a grade. If you don’t know the true grade, don’t buy it. Educate your grading skills first and foremost!
So false advertising is ok? It’s the buyers fault?
@@TheCollectorOfCoins coin grading is subjective not definite. MS 63 is average uncirculated condition. As population numbers change throughout time the grades will lean one way or another. For example, coins that are in old holders (1 generation) will typically upgrade a full grade when submitted now. Also, you can the submit same exact coin, (raw-ungraded) multiple times to the same company and it can receive different grades. This has happened to me many times at pcgs. I don’t agree with the seller and I think the people that sell those rolls are terrible but, if it seems to good to be true then it probably is. Basically, it’s not impossible, but it’s very difficult to “guarantee” a grade on any raw coin. The stuff that is being sold like this technically is a gray area of false adverting the way I see it.
I have 1 penny 1964 error n more penny may fb ramir perez
So this guy could still be scamming people like you were scammed. Thanks.
He is but under different seller names. Any coins minted before the 1950s in a coin roll … be suspicious