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Finding Original Rolls

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Canada
220 Posts
 Posted 09/17/2016  9:49 pm Show Profile   Bookmark this topic Add twoods to your friends list Get a Link to this Message Number of Subscribers
Hello,

I am interested in buying original rolls of coins, in particular, dime rolls from the 50s and 60s...I have been warned before to be careful since many of the rolls for sale have been picked through and are not genuine original rolls...anyone know where I can buy some original rolls that are the real deal?
Thanks as always, the people here are such a knowledgable resource!

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Pacificoin's Avatar
Canada
5394 Posts
 Posted 09/18/2016  12:56 am  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list Get a Link to this Reply
You can find original bank wrapped rolls of 1963 through to 1968 Silver and Nickel rolls here and there. Any from 1950 through to 1956 are tough as hens teeth and 1957 to 1962 show once in awhile.Ever since the advent of third party grading in 1986 most have been cracked and searched. These days most rolls are put togethers. Hope this helps.
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Canada
1461 Posts
 Posted 09/18/2016  12:20 pm  Show Profile   Bookmark this reply Add TheCoinHunter to your friends list Get a Link to this Reply
twoods. I have a few. All my rolls are original bank wrapped and un-researched.
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Canada
395 Posts
 Posted 09/18/2016  1:06 pm  Show Profile   Bookmark this reply Add Talonbat to your friends list Get a Link to this Reply
I gotta agree with pacificoin here it's definitely getting harder and harder to find real untouched original bank rolls with some years being near impossible. They also tend to go for alot more then just a BU rolls of the same year. This however is one of the things I find most fun about the hobby, true unsearched original bank rolls really have some spectacular coins in them for the most part and are very exciting to go through which is why I usually try to buy them when the price is reasonable.
I took a look at coinhunters rolls they seem to be original nice bank rolls so definitely an option there. You really have to make sure the rolls are nice and tight on both ends as some people might try to sneak them open and put them back in. If you want to shot me a message I probably have some sealed bank rolls as well from all denominations, unfortunately I just opened a bunch of 1960 silver bank rolls for dimes, quarters and halves to go through so much less then what I had.
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thedollarman's Avatar
Canada
4911 Posts
 Posted 09/18/2016  1:08 pm  Show Profile   Check thedollarman's eBay Listings Bookmark this reply Add thedollarman to your friends list Get a Link to this Reply
not that it helps much but my LCS had an original roll of 1939 dollars once....sadly they were sold before I had the chance to buy it. the buyer cracked it..
Feel free to call me Will.
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Canada
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 Posted 09/18/2016  2:00 pm  Show Profile   Bookmark this reply Add TheCoinHunter to your friends list Get a Link to this Reply
The break out/grade game is usually favorable (depending on the price point) on 1950s rolls. The 1960s stuff can be risky (assuming your intent is ICCS grading) and for exa,ple I would never break a 1991 quarter roll. For the older rolls you really need a couple of MS66 coins for it to be worth while for most denominations. I've broken out a couple of the 50 cent rolls thinking that they would be my best shot at a favorable ROI. A 1965 (still waiting for ICCS) and the 1966 with the following results (From memory but I've posted them here before). 2 x MS66, 5 x MS65, 13 x MS64. The MS64s are a loss write-off at an average selling price of $11. The MS65s average around $55 and the MS66 will sell in the $300-$400 range. There was a couple of cameos in there some where for good measure and a couple of extra bucks. I think the results from this roll would probably represent a good average of what one might expect in a roll from that year range.
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9864 Posts
 Posted 09/18/2016  9:22 pm  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
Be careful what you wish for.
I bought an OBW roll of '59 nickels from a reputable dealer a few years back.
Last Christmastime for some reason I just had to crack it open.
Only 2 would have made 64 the rest were 63 or less most being 62.
Not one coin out of the forty worth submitting.
Now I have a pile of change not worth selling.
Before I cracked it there was at least some value.
"Dipping" is not considered cleaning...
-from PCGS website
Edited by DBM
09/18/2016 9:30 pm
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1984 Posts
 Posted 09/18/2016  10:11 pm  Show Profile   Bookmark this reply Add Smallcentguy to your friends list Get a Link to this Reply
I have cracked maybe 200 old rolls bought at auction. Nothing like SPP....I am guessing 1000s of rolls and bags too!!

I did really well on some original 1950s cents rolls coming out of the US (lots of MS65, hangers etc) and also on a 2006P cent roll (2 or 3 MS67, lots of MS66). But original cheap rolls of cents seem to have dried up.

I bought close to 50 fresh rolls of early 1960s nickels. Out of 2000 nickels, I got maybe 5 MS65 and no 66s. I got MS65 of 1963 64 65 and 67. No 1966 in maybe 10 rolls. Disappointing but a break even learning exercise.

Overall though, I have decided that it is not worthwhile to buy rolls a ay material premium to hope to find gems. There is a lot of disappointment. If you can buy them cheap...great. But don't pay up. Usually there are spots, bag marks etc. I have opened many rolls of cents that went straight back to the bank for 50 cents due to carbon cpots.

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Canada
9864 Posts
 Posted 09/18/2016  11:49 pm  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
You can also collect rolls for their own sake.
I have a complete set of OBW and mint wrapped rolls of 25cents from 1956 to present.
I have '53 '54 and '55 BU rolls that have been made up.
This collection has been over thirty years in the making.
I will likely never find the three earliest rolls in truly original wraps at a price that I can afford.
When I pass this collection will pass to my middle granddaughter who is now 23 with instructions for the collection to remain intact until 2053 when the first Elizabeth quarters will be 100 years old. She has agreed to this and I trust that of all nine grandchildren she is the one most likely to carry it through.
"Dipping" is not considered cleaning...
-from PCGS website
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Canada
9864 Posts
 Posted 09/19/2016  10:59 am  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
Bit of trivia.
The Mint did not roll coins until 2004.
What we call "mint rolls" prior to that were wrapped by Brinks.
"Dipping" is not considered cleaning...
-from PCGS website
Edited by DBM
09/19/2016 11:27 am
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Canada
2845 Posts
 Posted 09/19/2016  11:26 am  Show Profile   Bookmark this reply Add wildflowerAB to your friends list Get a Link to this Reply

Quote:

The Mint did not roll coins until 2004.
What we call mint rolls prior to that were wrapped by Brinks.


Possibly the role of Brinks varied across the country, but in Western Canada it began by only serving as a secure transportation carrier between banks including the collection of deposits from large commercial depositors. Only banks received loose mint coin directly from BofC and it was rolled in paper bank labeled wrappers, with both of the ends sealed (crimped) firmly shut. If my memory is correct, it was only about in the '90s when Brinks began receiving and supplying mint coin.

Part of the challenge today in finding older unsearched mint rolls from decades ago is recognizing the original wrapper that each of the different banks used at the time. For example prior to the '60s and mergers, CIBC was the Imperial Bank and The Bank of Commerce. ebay often has good examples of original rolls, but looking closely it's obvious one of the ends has been opened and the roll searched at some point in time because it is impossible to firmly and tightly reroll the crimped end back to its original state.

Aside from that, paper disintegrates over time and therefore it would be natural for original mint roll collectors to have repackaged mint rolls solely for the sake of preservation, making the search for what is unsearched even more difficult at this point in time. Unless a buyer knows that a seller has owned the rolls ever since the coin was minted, I think that all makes the success rate of attempting to buy "unsearched" mint rolls on the secondary market to be very low.
Edited by wildflowerAB
09/19/2016 11:39 am
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Pacificoin's Avatar
Canada
5394 Posts
 Posted 09/19/2016  12:04 pm  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list Get a Link to this Reply
With experience , it is quite easy to tell if the old bank shotgun rolls 1940s through early 1970s have been played with.
For fun ( and to make up UNC Year sets ) we cracked a roll of 1967 10 and 25 Cents " BANK of Montreal Vancouver" .
The results were interesting . The 25 cent roll was straight , coins averaged MS 63 some worse some better. No errors.
The 10 cent roll had a clipped (Minor) planchet , 45 total 1967 coins and the other five were 4 of 1966 and a circulated George VI. Just because it is an original Bank roll does not mean all brand new UNC coins of the same year.
The Banks would open the mint sealed bags and roll as needed. Sometimes other stuff got in there.
The only real assurance of all new was to buy BAGS of coins still sealed from the RCM.
Edited by Pacificoin
09/19/2016 12:05 pm
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Pacificoin's Avatar
Canada
5394 Posts
 Posted 09/19/2016  12:16 pm  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list Get a Link to this Reply
Also Brinks was mentioned earlier. There are wrapped Brinks Rolls of the 1982 Constitution Nickel Dollar available from time to time. Most of those have been cracked for coinage alignment errors and high graders though.
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 Posted 09/19/2016  12:21 pm  Show Profile   Bookmark this reply Add wildflowerAB to your friends list Get a Link to this Reply

Quote:

The Banks would open the mint sealed bags and roll as needed. Sometimes other stuff got in there.


Very true. There was an enormous amount of circulated coin back in those days and it would be natural for banks to top up existing loose coin that needed to be rolled with the new that served as excess reserves, left sitting stored in canvas bags in the vault until needed.

Into at least the 70s and 80s it was unheard of for banks to require customers (or charge them) to roll the coin in their deposits and so rolling coin taken in or ready for supply out was a full time job in larger branches. I vaguely recall an old coin rolling machine from that era, it was the 1/2 the size of a small room and as loud as any industrial equipment.
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 Posted 09/19/2016  2:46 pm  Show Profile   Bookmark this reply Add wildflowerAB to your friends list Get a Link to this Reply

Quote:

There are wrapped Brinks Rolls of the 1982 Constitution Nickel Dollar available from time to time.


I'd wonder when they were placed in a Brink's coin roll and by whom because I can't think of anyone in Canada that Brink's would have supplied 1982 Constitution Nickel Dollars to.

In the early '90s Brinks took over servicing and supplying of cash to ATMs. Noticing the history of the company on their website, that seems to be about the earliest possible time within Canada that the company took on their new role of direct supplier of circulated coin and currency.

However Brinks is a US company. Perhaps across the border Brink's function was very different?

@ DBM would you kindly clarify what era of Mint rolls from Brink's that you're referring and how they're packaged? Clear or paper holders? I'm just curious as I also notice that Brinks also sells branded coins wrappers to the general public.



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JimmyD's Avatar
Canada
21610 Posts
 Posted 09/19/2016  3:12 pm  Show Profile   Bookmark this reply Add JimmyD to your friends list Get a Link to this Reply
I have 2 rolls of the 1984 Cartier Nickel Dollars
but they say "Canadian Mint" on them.
Would these be wrapped by the mint?

Finding-Original-Rolls
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