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 Replies: 15 / Views: 1,290 |
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Rest in Peace
 United States
1380 Posts |
All of the rolls from the last three boxes of halves that my bank has gotten have had magic marker or sharpie marks on the edge of the coins, as if someone stacked them and then marked down the side of the stack before rolling them. These are coming out of bank style wrapped rolls, fresh from the Fed. Does anyone know why someone is doing this? And who that someone might be? The rolls with these edge markings have been particularly dry - only one 40% coin in about twenty rolls, my average used to be one coin in three rolls.
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Pillar of the Community
United States
3294 Posts |
1 in 20 is around what I usually get. 1 in 3 would be fantastic. As to why they use the markers, I think that some people who search rolls do that so that they know if the halves that they already looked through are returning to them.
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Pillar of the Community
United States
3077 Posts |
sounds like some one may be searching at brinks if they were in bank rolls
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Pillar of the Community
United States
3294 Posts |
Don't some banks wrap their own though?
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Pillar of the Community
United States
4541 Posts |
i think they do.. I do not agree with it but a lot of people mark them to see if they are going through the same coins
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Moderator
 United States
187582 Posts |
Vandals!  |
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Pillar of the Community
United States
781 Posts |
when I worked at a bank. i'd only hunt rolls as I used them. the coins would go in my racks and out to customers, never marked. these rolls must be getting searched at the sorting facility. most banks that I know of don't roll their own coins. unless it's a small town bank that doesn't have the luxury of sending bags out to be weighed and sorted.
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Pillar of the Community
United States
2224 Posts |
When you open the roll(s), is the line intact down the entire stack, or is there a small line somewhere on each coin edge? If there is just one straight line down the stack, somebody at Brinks or whichever bank your rolls come from is searching them at the bank facility. If that is the case, all of our searching efforts are bound to be doomed! If there is just a small mark on the edge of each coin, but you have to adjust the coins to make it a straight line down the edge of the stack, someone returning the coins to a bank that the bank turned around and sent off to the Fed was searching them. The line indicates to a roll searcher that they have checked them already.
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Rest in Peace
 United States
1380 Posts |
The line is not intact when I open the roll, but I would assume in being rolled at Brinks or the Fed or where ever that the coins are fed into some kind of hopper and then rolled, not prestacked, but I don't really know how that works. The coins are definitely not being opened / rerolled at my bank but are coming in a sealed box from the Fed.
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Pillar of the Community
United States
6326 Posts |
Quote:
The line indicates to a roll searcher that they have checked them already.
 There are people here on CCF who use the "magic marker marking technique". But if you order "Fed Resv." rolls...( they would be in the yellow and black paper)...and got "the magic marker" poisoned batch, that would be weird. All the other colored paper is bank wrapped rolls and just "pot luck" on what you'll get and if they're unwrapped and re-rapped once a customer brings them in. |
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Pillar of the Community
967 Posts |
I don't think that I would go by the color of wrapper. I get fed boxes about every week. Sometimes the rolls are white paper with black dashes around the ends and sometimes with brown markings around the ends. I think this depends on the location of the fed. I sometimes get halves at a different bank and they have white paper with yellow markings. I would check to see if the box is sealed.
Sometimes I have a bank request that I bring some rolls back. In that case, I just place twenty halves in the roll they came in and reroll up the end.
When I take them back to redeposit the loose coins into a counter, they are routed into a bag of $1000. When full, these bags are sealed at the bank and then rerouted back to the fed. They reroll and send back out.
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Pillar of the Community
United States
619 Posts |
I know for a fact that some hunters run that marker on the coin edges before dumping into a counter. Those coins are already marked when they are being rolled. When I protested about the practice on another forum I was told in a most arrogant way to "clean the mark" if any of those coins were needed for a collection. On this forum there is a guy who had his kids mark the Kennedy obverse with a pink marker before dumping. Don't know if he still does that.
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Valued Member
United States
79 Posts |
Is there any difference in the color of the rolls? All the yellow rolls that I have searched did not have any silver. I have found that boxes of brown have some silver.
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Pillar of the Community
United States
3294 Posts |
I think roll color is an indication of what coin rolling company the rolls are from. I don't usually have a lot of luck with the yellow rolls either.
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Pillar of the Community
United States
4541 Posts |
Quote:
Is there any difference in the color of the rolls? All the yellow rolls that I have searched did not have any silver. I have found that boxes of brown have some silver. I dont think it has anything to do with the rolls... I really think it is a hit and miss thing |
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Pillar of the Community
967 Posts |
I think that the color of wrapper makes no difference. I have actually seen different color wrappers in the same box. I think that it is what ever paper that is loaded in machine.
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Replies: 15 / Views: 1,290 |
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Posted 02/09/2009 11:58 am
