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 Replies: 11 / Views: 1,898 |
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Pillar of the Community
Canada
1571 Posts |
1) do these hold a premium over the same coins in regular bank rolls destined for use?
2) when rolled, are each end of the rolls specifically showing each side of the coin?
3) are there many collectors of special wrapped rolls?
4) does anyone who buys them open them?
The only roll I've bought was the last million pennies. The idea behind the wrapped coins is cool but over double face value has deterred me.
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Pillar of the Community
Canada
5324 Posts |
Every year people buys the 50 cent rolls, you are paying a premium for the wrapper, it must be me but the design is kind of lacking
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Pillar of the Community
Canada
2187 Posts |
I believe the last million penny rolls are still selling at a premium. As for your questions, I can't answer all of them but I know that for #2, there is no specific manner. However they fall into the roll is how they end up. I asked a similar question about two years ago
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Pillar of the Community
 Canada
1571 Posts |
For the premium over double face, they should ensure each side is displayed. Just my opinion. Numis want to see the coin not just the wrapper.
Edited by Redzapsid
03/16/2017 9:57 pm
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Pillar of the Community
Canada
1571 Posts |
John100,
I don't know about you, but I've not been able to walk into a bank and get 50 cent coins, let alone a roll. And they don't sell 10 packs of 50 cent coins for $5
Edited by Redzapsid
03/16/2017 10:00 pm
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Pillar of the Community
Canada
5324 Posts |
I was at the tour of Winnipeg during the RCNA was on floor as one machine was rolling coins into the familiar shrink plastic wrap, the machine was going at wicked speed randomly from a huge hopper feed. |
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Pillar of the Community
Canada
1159 Posts |
 Here is a good example of 2005 rolls with the top being special wrapped. As a roll collector its important to have the heads/tail ends to identify the roll. Also putting together all rolls heads/tails make the collection more professional. The special wrapped rolls you know the content of the coins and to me its not as important. As for breaking a special wrapped roll is a waste of money when regular rolls usually are available. The 2012 Farewell to the penny rolls the serial numbers played a big part in the value. The 20000/20000 roll sold for big bucks because you had bragging rights for the very last penny made. |
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Pillar of the Community
Canada
581 Posts |
Chad if I am not mistaken, didn't RCM release that the coins in those rolls were not the last ones made? I remember there being some issue with the person who got the final roll about the last pennies not being in the special wrappings |
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Pillar of the Community
Canada
5324 Posts |
The last penny is rightly in the currency museum, in a video the Minister of Finance, with slowed press caught the last few pennies in a cup. These rolls were cleverly RCM marketed as the last 20000 rolls distributed, it is debatable whether these rolls are even the last distributed, a GTA coin store at one time had a skid that had date codes on the boxes of the last production date. The way the pennies are produced in Winnipeg being 300 to 500 a minute into a bulk bin unless there was a special procedure as in the Minister's cup attempt, at best you never know when they were produced, but I do agree the market place always talk with a going price of about a 100 bucks a roll. |
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Pillar of the Community
Canada
1159 Posts |
Memory has it now I remember that last penny going to the mint museum. On another note I followed the first 10 rolls on ebay 00001/20000 up to 00010/20000 and these rolls were in the 4-$8000 for them. As regular rolls I agree about $100. The R13849 [replacement wrap] sell much higher. On another note dont believe everything the mint says. |
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Pillar of the Community
Canada
2984 Posts |
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Pillar of the Community
Canada
6767 Posts |
The 20000 last Penny rolls and Canada 125-th Anniversary could valued differently (they more special), but here is example of beautifully designed RCM wrap: 2004 Poppy Canada 25 Cent - Original Roll of 40 PcsBIN = CAD 26.51 (Face Value = CAD 10) ebay Item ID = 122389699620not much priced over value. Btw, in past I had some unnecessary 2012 Penny rolls (couple of them), and when I selling something, I literally "dump" it for cheap.....so couldn't find local buyer (Kijiji GTA) for CAD 20 for roll, and later sold over CAD 50 on ebay each one... |
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Replies: 11 / Views: 1,898 |
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Posted 03/16/2017 9:41 pm
