eBay COIN ROLL SCAM! Exposing shady sellers. Refunds, Revenge or Lawsuits?! eBay Morgan Dollar Rolls 

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.

Greed. The friend of every scammer. People buy these rolls hoping to find a valuable CC, etc.

Sometimes you have to spend money to learn a lesson you will never forget. Good video.

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.

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.

You bought their rejects to be grade. Common dates , circulated, and cleaned .

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.

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.

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!

#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!

I always suggest do not buy uncirculated coin rolls on eBay because 99.9 are scam ..

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?

Bust out his name and where he advertises at, a costly lesson to be learned.

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

I know exactly who the eBay seller is. That background is unmistakable.👻

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.🤠

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! 👍

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

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! :)

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.

GEM is MS65 or better. I think you probably did better than most buying rolls from ebay. Good luck with your refund

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

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.

MS 60 - 61=UNC, ms62=B.U., MS63-64 choice B.U. , MS 65 and abovr gem B.U.

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

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 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.

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.

Everyone learns there lessons so suck it up and you learned yours. Not the wourst loss...

I don't buy coins from eBay I only buy coins from trusted sources

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…..

It's always amazing how many bank rolls have CC end coins, but not 2.

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

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?

Most of these coins are week strikes (62-63). Gem bu coins are 64++-65.

“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🤓👍🏻

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. 😂

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

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.

This is why I don't buy online. Scammers.

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.

Your 8th coin has a typo.. says "AG" instead of "AU". Some collectors pay premiums on slab errors.

I'm surprised that PCGS doesn't consider dipping to be cleaning.

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

od say unc or bu would be 60+ but thats me

Gem brilliant 65 or higher

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

Gem to me always means 65-67

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.

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

Gem Brilliant is 65 and greater

So this guy could still be scamming people like you were scammed. Thanks.

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 👍

"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

PCGS is really a bad grading company in my opinion.

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.

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.

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!

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.

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

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 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

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

From what I understand, a "gem BU" coin is ms65 and up

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

Had coin got low grade took it out sent back got high grade but did it got lower grade go figure

Isnt the total value still over $1200 though?

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.

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

Be careful when buying BU rolls. BU not only is "brilliant uncirculated" but also known as "borderline uncirculated" 🤔

Looks like pcgs was a little too stingy with their numbers on some of those dollars.

Thanks for the warning in my future coin serch 😎😎😎😎

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

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

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: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-EDMm0kaYHtw.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

Gem BU to me starts at MS65....people use the term Gem BU way too loosely in my opinion

I like how you want to keep any coin you doubled your money on lol. Overall good video thought

MS62 is NOT GEM, Gem is 65 or better. Sorry for such a late comment.

A great learning experience for all of us. Thank you!

If the coin is cleaned that doesn't necessarily mean it's circulated. Quite often, uncirculated coins are not stored properly.

Alot of people have complained about the grading of PCGS

For gem brilliant uncirculated I would expect 18 to be ms 65 minimum with the 2 Enders a little lower

New sub here. Was searching coin tubes and you popped up. Great information. Hope it works out well for you. Thanks for sharing.

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.

Still had some nice coins but too many not making the grade...

You definitely should have mentioned the company if they lied in their advertisement.

When you buy an unopen roll of coins you never know what's inside. the seller don't know unless he rolled them

That' really sad.

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

How would they know the weight of each coin? The roll wrap couldn’t be accounted for...

These all looked dipped

there all dipped !?

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.

Did you ever get your refund?

Ms 61 or higher

that 1885 dollar wait does that mean there is a coin that's labeled unc but is ag

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!

I have 1 penny 1964 error n more penny may fb ramir perez