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Gold Coins And Rolls...

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New Member

United States
3 Posts
 Posted 01/18/2012  9:14 pm Show Profile   Bookmark this topic Add gameshowfan to your friends list Get a Link to this Message Number of Subscribers
Hello, this is my first post here, so I apologize if I'm asking something already answered, but here goes...

I know that the number of coins per roll of each denomination, for the most part, goes as follows...

Penny (Small Cent) = 50 coins = 50 cents
Nickel = 40 coins = $2.00
Dime = 50 coins = $5.00
Quarter = 40 coins = $10.00
Half Dollar = 20 coins = $10.00
Dollar (Eisenhower and back) = 20 coins = $20.00
Dollar (Anthony and forward) = 25 coins = $25.00

My question is, did 1933-or-earlier gold coins exist in roll form, and if they did, how many coins of each denomination per roll?

In particular:
$2.50 - Quarter Eagle - 1840 to 1929
$5.00 - Half Eagle - 1839 to 1929
$10.00 - Eagle - 1838 to 1933
$20.00 - Double Eagle - 1850 to 1932

I have tried Googling this information, and no one seems to have the correct information. "Rolls of Gold Coins" only brings up Sacagawea and Presidential dollars...
Valued Member
ContraJame's Avatar
United States
292 Posts
 Posted 01/18/2012  9:26 pm  Show Profile   Bookmark this reply Add ContraJame to your friends list Get a Link to this Reply
I pulled the following from the Coin Wrapper Wikipedia article. No sources were cited, so take it with a grain of salt.

Amount in a roll in the United States



A roll of 40 nickels worth $2

A pile of coin wrappers
Each denomination has a different amount found in a roll and are color coded by denomination. See below:
Cent: 50 coins, $0.50, red
Nickel: 40 coins, $2.00, blue (in the past, sometimes found in 20 coin, $1.00, half-rolls)
Dime: 50 coins, $5.00, green
Quarter: 40 coins, $10.00, orange (in the past, sometimes found in 20 coin, $5.00, half-rolls)
Half Dollar: 20 coins, $10.00, tan, brown or yellow (in the past, sometimes found in 40 coin, $20.00, double-rolls)
Large Dollar: 20 coins, $20.00, white (obsolete) (in the past, sometimes found in 10 coin, $10.00, half-rolls)
Small Dollar: 25 coins, $25.00, yellow
Quarter Eagle: 40 coins, $100.00 (obsolete)
Half Eagle: 40 coins, $200.00 (obsolete)
Eagle: 50 coins, $500.00 (obsolete)
Double Eagle: 25 coins, $500.00 (obsolete)
New Member
United States
3 Posts
 Posted 01/18/2012  9:48 pm  Show Profile   Bookmark this reply Add gameshowfan to your friends list Get a Link to this Reply
Thank you. I would have looked on Wikipedia myself, were it not for the blackout...
Valued Member
goldfinger's Avatar
United States
73 Posts
 Posted 01/18/2012  10:00 pm  Show Profile   Bookmark this reply Add goldfinger to your friends list Get a Link to this Reply
Im trying to visualize being a bank teller in the 1800s and having rolls of gold in the drawer.
Everytime I start to get a good mental image of that I start to feel very lightheaded.

Back then they were just 10s and 20s but then too that was probably a weeks pay.

I hope game show fan has enough coins to fill several rolls!
New Member
United States
3 Posts
 Posted 01/18/2012  10:30 pm  Show Profile   Bookmark this reply Add gameshowfan to your friends list Get a Link to this Reply
I had a small treasure trove, but I have had to sell them off bit-by-bit over the years to make ends meet when money gets tight... Not an easy choice, but you do what you need to do, I guess...
Pillar of the Community
Coinstar's Avatar
United States
1510 Posts
 Posted 01/18/2012  11:46 pm  Show Profile   Bookmark this reply Add Coinstar to your friends list Get a Link to this Reply

Quote:
Everytime I start to get a good mental image of that I start to feel very lightheaded.



I think I passed out

Retired USAF 1983-2003
Edited by Coinstar
01/18/2012 11:47 pm
Pillar of the Community
Gyrene7483's Avatar
United States
1704 Posts
 Posted 01/19/2012  2:54 pm  Show Profile   Bookmark this reply Add Gyrene7483 to your friends list Get a Link to this Reply
The earliest known use of coin rolls is about 1905 though there were some civil war soldiers who occasionally used plain paper to roll their coins but how many hey put in each roll is unknown.

Ed
ANA LM-3175
Valued Member
SilverEye's Avatar
United States
318 Posts
 Posted 01/19/2012  6:36 pm  Show Profile   Bookmark this reply Add SilverEye to your friends list Get a Link to this Reply
How did they move coins around before paper rolls? By the handful? Burlap sacks? Little wooden boxes?
Bedrock of the Community
GR58's Avatar
United States
11951 Posts
 Posted 01/19/2012  9:50 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
Have seen $1000.00 bags of Morgan dollars.
Have heard of small wooden kegs of large cents, and wooden box of gold coins.

Have heard/read about rolls of gold coins.

I am thinking the mint would have used bags and boxes to ship coins, and the banks
would have been the ones using paper rolls.

Edit: I also see people putting American gold eagles into coin tube/rolls
Edited by GR58
01/19/2012 9:52 pm
Bedrock of the Community
Conder101's Avatar
United States
17884 Posts
 Posted 01/20/2012  11:19 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
The earliest known use of coin rolls is about 1905 though there were some civil war soldiers who occasionally used plain paper to roll their coins but how many hey put in each roll is unknown.

Matthew Boulton shipped the tokens he struck for clients, and the coins he produced for other countries wrapped in paper rolls of a set value and then packed in kegs for bulk handling. This was in the 1780's.
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Jaobler's Avatar
United States
6384 Posts
 Posted 01/20/2012  11:30 am  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
Thanks Condor for that cool factoid! Matthew Boulton, visionary!

As I recall the thousands of mint-fresh 1857-S $20 pieces recovered from the USS Central America were stacked in wooden boxes originally. The boxes disintegrated during their 140-year sojourn at the bottom of the Atlantic but many of the coins were still neatly stacked when the submersibles arrived.
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