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Replies: 13 / Views: 2,695 |
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Valued Member
Australia
281 Posts |
With Security rolls, are there any rules about obtaining them? for example can I just go into a bank and ask for some (and pay of course)?
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Pillar of the Community
Australia
1079 Posts |
Someone will correct if I am wrong, but banks don't hold them. Banks get the coins in bags.
Security rolls go to retailers, and their not always unc as they re-roll them.
To get nice unc rolls you need to go straight to the security company and they don't always hand them out.
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Pillar of the Community
Australia
853 Posts |
I normally get a supply of rolls as a new coin is released.
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Pillar of the Community
Australia
652 Posts |
You can go to any bank and ask for rolls of coins. First you should be a bank customer, or you'll get ripped off big time in charges. Customers are free. Simply wave your bankcard, visa or mastercard at them. Get to know your tellers. Some are oxygen thieves, but most are very helpful and are aware of why you want them. Ask them if they've got any new rolls. Go back every few days and ask. If they don't have new rolls, simply take old ones. Break them open and look for errors and varieties. It works for me. 
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Pillar Of The Community
Turkey
1205 Posts |
"oxygen thieves" interesting phrase :lol
Here we don't have any rolls at all. :( The coins are carried only in bags.
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Pillar of the Community
Australia
1079 Posts |
Well there you go, your learn something new everyday.
I have asked in the past but no luck. Maybe I didn't ask hard enough?
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New Member
Australia
14 Posts |
Individual branches can be producers or consumers of coin, depending on their client mix. There is a benefit to visiting both types.
Producers don't have rolls, as they send sacks of coin back to be rerolled. However if they are in a "quality" area, the coin they source from their customers can contain much of interest to us, be it new, rare or error coins. These branches are good to visit in the quiet times.
Consumers get regular deliveries of rolls. You can occasionally strike it lucky and get new rolls from them, although this is rare. The reason is that Armaguard have an exclusive on new coin, and in most of the country they do not supply banks. The other security companies only buy in new coin from Armaguard if they're desperate, which is a rare occurrence in peak times only.
Your best bet is to find a large retailer and get friendly with the manager or supervisor9s) responsible for handling cash. They WILL sometimes agree to call you when they get in new coin. Then you have to go to a consumer bank and get rolls to exchange. Since they pay for their rolls, stores will absolutely refuse to exchange them for notes, and they dislike bagged coin, so get a supply of rolls to swap.
Edited by Fulvio 02/16/2006 9:39 pm
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Pillar of the Community
Australia
1079 Posts |
Fulvio a huge welcome to the Forum.
I am glad I was able to show anothor ozzie the light to this great place we all call home.
Enjoy your stay here.
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Pillar of the Community
United States
756 Posts |
Excellent info and thanks Fulvio!
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Pillar of the Community
Australia
1079 Posts |
Back tothe original question.
Are you specifically after security rolls or old RAM rolls?
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Pillar of the Community
Australia
1529 Posts |
quote: Originally posted by KLD
Back tothe original question.
Are you specifically after security rolls or old RAM rolls?
I am after a 1983 or 1984 20 cents Mint roll...have you any Lars...  [:p] 
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Pillar of the Community
Australia
1079 Posts |
I don't have any rolls at all unfortunatly. Just wanted the topic to include the ram rolls.
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Pillar of the Community
Australia
1529 Posts |
The 1883 & 1984 20 cent Mint rolls are very scarce, though minted in the millions,almost the entire production was melted down and exported as base metal cupro nickel bars. According to Maccas...only one $200 Mint Roll box of each year has surfaced so far. 
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Valued Member
Australia
65 Posts |
I have had difficulty getting them from the banks as they are rolled but all diiferent dates on them I get mostlty in $20 in bags etc. Best to get from the dealers unless you have contacts from the bank when a fresh batch has come in and they will save your ordered request
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Replies: 13 / Views: 2,695 |
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