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Replies: 22 / Views: 4,799 |
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Bedrock of the Community
United States
11951 Posts |
A recent post got me thinking about the different type of rolled coins. I thought some new collectors might not be familiar with the different types. I thought I would try to post some of the different types. If I get any information wrong, please post a correction. First Customer wrapped rolls. These are paper rolls, you could get the from the bank. Customers would count and wrap the coins so they could turn them into the banks. 
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Moderator
 United States
56855 Posts |
Those look like pre-formed wrappers. Banks give out flat paper wrappers. Also,the shot gun rolls can also be rolled by customers,FYI. John1 
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Bedrock of the Community
 United States
11951 Posts |
Second What I call Fed wrapped rolls. These are rolls where a company like Wells Fargo would get bulk coins from the Federal reserve, then wrap them for delivery to banks Commonly called N. F. String rolls Different colors for different denominations   
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Bedrock of the Community
 United States
11951 Posts |
Next Mint wrapped rolls, sold by the mint store. In my experience these coins are better quality then Fed rolls. And with these you can be sure all the coins will be the same. Lincoln 2009  Westward Journey nickels State Quarters Wash D.C. and Territory quarters 2009  ATB/Parks quarters 
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Bedrock of the Community
 United States
11951 Posts |
Sometimes they are just in coin tubes .. or and combination of all. I hopes this might help some of the new collectors have a better idea what is out there.  
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Bedrock of the Community
 United States
11951 Posts |
Quote: Those look like pre-formed wrappers. Banks give out flat paper wrappers. Also,the shot gun rolls can also be rolled by customers,FYI. Thanks John It has been a long time since I have rolled coins. I knew most banks would give out flat paper rolls. I was never sure where the source of the empty shotgun type roll came from. But pretty sure I have gotten both.. filled with coins from the banks.
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Moderator
 United States
56855 Posts |
Empty shot gun style wrappers can be bought at stores like Dollar General,Wa-Mart,Family Dollar,the bay, etc. John1 
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Bedrock of the Community
 United States
11951 Posts |
Thanks John .... good to know 
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Pillar of the Community
United States
4409 Posts |
Don't forget the shrink wrapped plastic type rolls. When the State Quarters came out the rolls from the bank where I got mine were this style. -MV
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Bedrock of the Community
 United States
11951 Posts |
Quote: Don't forget the shrink wrapped plastic type rolls. Yes .. forgot about them. I have seen them, but never had any in my collection. Not sure where they originate.
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Rest in Peace
United States
18456 Posts |
Quote: Empty shot gun style wrappers can be bought at stores like Dollar General,Wa-Mart,Family Dollar,the bay, etc. John1 Beware of shady sellers using these shotgun wrappers and a roll crimping machine ,filling rolls with inferior coins and passing them off as OBW rolls . 
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Pillar of the Community
United States
513 Posts |
and how about the unsearched rolls?   OK, that's a different topic.  Seriously, though, which of the types of rolls are considered "most productive" if one is to look through them for "keeper" coins? Does that differ by denomination?
Edited by Garoyn 11/07/2016 3:46 pm
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Bedrock of the Community
 United States
11951 Posts |
Quote: Seriously, though, which of the types of rolls are considered "most productive" if one is to look through them for "keeper" coins? Does that differ by denomination? Depends on what you mean by keepers. For maybe finding pre 64 silver Customer wrapped rolls, then Fed rolls. For finding better grade modern coins, I would say mint wrapped rolls. But the mint does not sell rolls of every denomination. I think this year they offer ATB Quarters, Native American dollar and last of the President dollars.
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Pillar of the Community
United States
6130 Posts |
Machines and humans have very different criteria for what will or will no pass the good/not good check to go into a roll. A machine will see no difference between a worn Indian Head cent, a worn Wheat cent, or a worn cent from the 70s. They may or may not be calibrated to reject silver, and will always reject magnetic coins. Customer rolls may be picked clean, contain a good sampling of circulation coins, or may contain whole collections dumped by a clueless inheritor.
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Bedrock of the Community
United States
94367 Posts |
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Rest in Peace
United States
18456 Posts |
Quote: Customer rolls may be picked clean, contain a good sampling of circulation coins, or may contain whole collections dumped by a clueless inheritor. Exactly ,That's why I will always try to get customer wrapped rolls before any other kind . and I still say the whole month of December is the best time to get those CWR's. Think about it. people will need money for Christmas presents ,their last resort; roll up those coins in that 5 gal. empty water bottle and off to the bank . 
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Replies: 22 / Views: 4,799 |