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1961/62 OBW Pennies?

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Valued Member
XWLCoins's Avatar
Canada
320 Posts
 Posted 05/31/2016  10:37 am Show Profile   Bookmark this topic Add XWLCoins to your friends list Get a Link to this Message Number of Subscribers
I have these rolls of 1961 and 62 pennies. As far as I know, they only came loose in bags back than.
I have opened up 3 of these, and here is what I have to say so far...
The rolls are border-line impossible to open. The plastic is on so tight and is very thick. The caps are on each end and it takes prying with a butter knife to get them off.

Each roll I opened is very "die specific" every coin in the roll shows the exact same die markers, but each roll is from a different die.
The coins found inside are of the best quality I've seen before. More than half of every coin can be considered GEM or better. ( compared to my current ICCS slabs)
95% of them are 100% Red, only a few here and there have minor carbon spots, and none have a fingerprint or toning

Does anyone have any info about these rolls? Are they OBW?



1961/62-OBW-Pennies?
Pillar of the Community
Canada
2845 Posts
 Posted 05/31/2016  11:12 am  Show Profile   Bookmark this reply Add wildflowerAB to your friends list Get a Link to this Reply
The question may best be answered by whomever you bought the rolls from...but my opinion is no, they are not OBW (original bank wrapped). Bank rolls were paper advertising their name, the ends securely sealed by a type of crimper (which is why it's sometimes very obvious when what's advertised as an unsearched roll has been opened at some point in time.)

But in the 60s plastic tubes were an extremely common means of safely storing coins by collectors, for lack of other options. Not that the cover matters at this point in time...seems they survived well.
Valued Member
Canada
395 Posts
 Posted 05/31/2016  3:59 pm  Show Profile   Bookmark this reply Add Talonbat to your friends list Get a Link to this Reply
I have the exact same rolls from many years in both pennies and nickels going back to as early as 1944 to as late as 1964. Some of the rolls they made back then shrunk that's why they're so tight I imagine that tightness leads to why they have so much red left as mine from any years in these rolls is 90% Red or better for the most part. Also some of the rolls I have opened I had to cut out to get all the coins out making a small incision not the whole way through to not risk hurting the coins and then literally using brute force to peel the roll away as to not damage the coins, the older the roll the more likely its seems I've had to do this so far.

Here is a 47 roll I just grabbed mine were also taped shut a long time ago. Also sorry my pictures are garbage compared to yours.

1961/62-OBW-Pennies?

1961/62-OBW-Pennies?

1961/62-OBW-Pennies?
Edited by Talonbat
05/31/2016 4:03 pm
Valued Member
XWLCoins's Avatar
Canada
320 Posts
 Posted 05/31/2016  6:29 pm  Show Profile   Bookmark this reply Add XWLCoins to your friends list Get a Link to this Reply
Wow, all the way back to 1944 eh.
Do you have any further info on them? This obviously wasn't someone just taking them back to the bank. It would take alot of time and effort to do this, not as simple as rolling them up. I'd have to say there was a third party service involved here . Making them as a keepsake.
Valued Member
Canada
395 Posts
 Posted 05/31/2016  7:05 pm  Show Profile   Bookmark this reply Add Talonbat to your friends list Get a Link to this Reply
The original owner seemed like a major collector and would search for varieties in his sparetime so he had tons of rolls but died and didn't get around to most so he just had a bunch hoarded away, estate was bought out, then another person bought the coins from the person that bought the estate and finally I bought a large portion of that. Most everything was either machine wrapped bank rolls, in plastic rolls like these or whitman ones and then a bunch were rolls from the original owners jobs which looks the same as bank rolls except with company branding. At one point he seemed to work for bell on payphones and another with public transit for the coin operated machines. Past that I don't know much else other then the plastic penny rolls that maintained large amounts of red are the plastic tubes that shrunk down and are difficult to get the coins open so at least it's worth it. He also did order plenty of stuff from the mint so who knows maybe that's where he got them I have no idea. Unfortunately I never got to speak to the original owner as he has been dead for nearly 30 years and I just saw alot of original paperwork.

An example of original bank rolls that I have there are many different types but these are the 2 general ideas. I choose 1964 here because of your name maybe there some XWL 64 nickels in there :) also the end ones usually take a beating or lose there red in the case of pennies.

1961/62-OBW-Pennies?

1961/62-OBW-Pennies?

1961/62-OBW-Pennies?
Valued Member
XWLCoins's Avatar
Canada
320 Posts
 Posted 05/31/2016  7:50 pm  Show Profile   Bookmark this reply Add XWLCoins to your friends list Get a Link to this Reply
Hmm,so if he bought alot of items from them mint, I wonder if these plastic shrink-wrap tubes were maybe a special order, just like the Specimen coins were back than. It could still be considered an original mint roll.
Anyone else on the forum know for sure if that is possible?
Pillar of the Community
ace_ftw's Avatar
Canada
1747 Posts
 Posted 06/01/2016  11:27 am  Show Profile   Bookmark this reply Add ace_ftw to your friends list Get a Link to this Reply
XWL, the plastic roll you have is NOT from the Mint, the tubes were sold to collectors (by a third party), who would use them to store their coins in. just like most collector today would use paper rolls or even plastic tubes.

The mint did not roll coins they would just send them off in bags.
Valued Member
XWLCoins's Avatar
Canada
320 Posts
 Posted 06/01/2016  12:26 pm  Show Profile   Bookmark this reply Add XWLCoins to your friends list Get a Link to this Reply
Thanks ace!
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