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 OBW roll pricing
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oober
1000+ Penny Miser Member


USA
1304 Posts

Posted - 08/22/2009 :  09:29:46  Show Profile Send oober a Private Message
Just wondering is there a site where I can find FMV on OBW rolls? This would be for mainly Wheats and Memorials.

On a whim I bought a few OBW 58ds for about $13 ea. I did open one and WOW they were blazing... Now I'm hooked!!!

JobIII
1000+ Penny Miser Member



USA
1507 Posts

Posted - 08/24/2009 :  07:56:30  Show Profile Send JobIII a Private Message
Sorry OOber,
I'd like to help but what is FMV and OBW?

Selling Copper cents. $0 FV available at 1.4xFV. Also interested in trading for wheat pennies and other coins Please pm me for requests or inquiries.



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Kurr
1000+ Penny Miser Member



2906 Posts

Posted - 08/24/2009 :  09:12:59  Show Profile Send Kurr a Private Message
Fair Market Value. Original Bank Wraps.


The silver [is] mine, and the gold [is] mine, saith the LORD of hosts. Hag 2:8 [/b]
He created it. He controls it. He gave it to us for His use. Why did we turn from sound scriptural currency that PROTECTS us?

KJV Bible w/ Strong's Concordance: http://www.blueletterbible.org/
The book of The Hundreds: http://www.land.netonecom.net/tlp/ref/boh/bookOfTheHundreds_v4.1.pdf
The Two Republics: http://www.whitehorsemedia.com/docs/THE_TWO_REPUBLICS.pdf
Good reading: http://ecclesia.org/truth/government.html

A number of people are educated beyond, sometimes way beyond, their intelligence. - Tenbears

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NiBullionCu
Penny Pincher Member



USA
168 Posts

Posted - 08/24/2009 :  13:08:35  Show Profile Send NiBullionCu a Private Message
I have a pet peeve regarding Original Bank Wraps (OBW)

Mainly, very few banks actually wrap or wrapped coins, it is/was done by the armored car carriers.

Secondly, if you have your own coin wrapper, you can create OBW all day long.
(Or a case of older "Shotgun" style wrappers and a crimping machine).

OK, I do understand that you can tell a lot of older wraps by sight, just sayin' if you really want to create wraps that look OBW it is not that difficult.

I guess I'm trying to say Caveat Emptor when it comes to OBW, kinda like "unsearched" bags of wheats.
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barrytrot
Administrator



USA
721 Posts

Posted - 08/24/2009 :  13:46:32  Show Profile Send barrytrot a Private Message
For $13 per roll TAKE THE CHANCE!

You will not find them that cheap very often. $30 to $50 per roll, even for common dates is not unusual.

Each coin is generally worth 50 cents to $5 so paying under $30 is a great deal!
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JobIII
1000+ Penny Miser Member



USA
1507 Posts

Posted - 08/24/2009 :  14:07:51  Show Profile Send JobIII a Private Message
Yes but 1958d? why bother with them for $13.

Selling Copper cents. $0 FV available at 1.4xFV. Also interested in trading for wheat pennies and other coins Please pm me for requests or inquiries.



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oober
1000+ Penny Miser Member



USA
1304 Posts

Posted - 08/24/2009 :  16:44:51  Show Profile Send oober a Private Message
quote:
Originally posted by JobIII

Yes but 1958d? why bother with them for $13.




$13.00 is cheap to me considering how they look, and the fact they will stay within the family. I have no time frame to sell items like this.

Even BU common coppers long term should steadily increase in value
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oober
1000+ Penny Miser Member



USA
1304 Posts

Posted - 08/24/2009 :  16:46:23  Show Profile Send oober a Private Message
quote:
Originally posted by NiBullionCu

I have a pet peeve regarding Original Bank Wraps (OBW)

Mainly, very few banks actually wrap or wrapped coins, it is/was done by the armored car carriers.

Secondly, if you have your own coin wrapper, you can create OBW all day long.
(Or a case of older "Shotgun" style wrappers and a crimping machine).

OK, I do understand that you can tell a lot of older wraps by sight, just sayin' if you really want to create wraps that look OBW it is not that difficult.

I guess I'm trying to say Caveat Emptor when it comes to OBW, kinda like "unsearched" bags of wheats.



I agree you do have to be careful...
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JobIII
1000+ Penny Miser Member



USA
1507 Posts

Posted - 08/31/2009 :  14:55:43  Show Profile Send JobIII a Private Message
Like oober said, be careful, but also think about the price for the rolls. You could always look around for 13 bucks and find a better selection... The 1958d has nothing special about it.

Selling Copper cents. $0 FV available at 1.4xFV. Also interested in trading for wheat pennies and other coins Please pm me for requests or inquiries.



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ScottyTX
Penny Hoarding Member



USA
508 Posts

Posted - 09/06/2009 :  14:43:20  Show Profile Send ScottyTX a Private Message
I used to heavily collect OBW rolls and had every date from 1936 to date at one point. A good reference for Bu roll pricing would be the greysheet 3A. They have all wheat and memorial bu roll buy and ask prices on there. OBW rolls though, will normally carry a premium over these values depending on what year/mint it is. 13.00 for a 1958-d is a fairly decent price. I could regularly pick these up for around 8-9.00 each when I was collection. If I were buying, I would offer 7.50 for them. Don't get too carried away paying too much for them, as there are lots of 1958's out there to be had. Send me a pm if you want any more info on these, I would be glad to help.

Scott
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