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 Replies: 15 / Views: 2,825 |
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New Member
United States
3 Posts |
 I hope this image loaded properly. It is of 2 roll's containing 2010 shield pennies. There are circular cuts in all of them made by the mint. Or so I was told by the BOA teller when I got them way back when. please let me know if the image doesn't come through. I am hoping to find out if A. There is any value these coins either now or possibly years to come. B. What malfunction could have caused this? The teller said they were all marked the same way. C. I love coins and have really had anyone to chat with on the subject. ANY help would be greatly appreciated. Sincerely Will Gun. *** Edited by Staff to clarify topic title. Titles are important! *** Edited by xgen
11/04/2022 12:26 am
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Bedrock of the Community
 United States
24878 Posts |
Will, that looks like scratches from the coin rolling machine.
Inordinately fascinated by bits of metal with strange markings and figures
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Pillar of the Community
United States
4691 Posts |
 Just damage. Scratches. Any future value, probably nil. Edited by jimbucks
11/04/2022 12:31 am
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Pillar of the Community
United States
7174 Posts |
 to the CCF and coin wrapper crimper. There was 2,000,000,000 of them minted, I don't think they will ever be worth more than 1 cent. Unless you can find one that grades 68 or above. |
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Moderator
Australia
16805 Posts |
A. Sorry, but not really, no. Well, perhaps,, yes, but not because of the "circular damage". B. I'd agree with the statements others have made above. Apparently your bank teller was mis-informed. Or they simply guessed that, because they were always there on the ends of rolls, then the Mint must have put them there. But no, the machine that did the wrapping put them there. And that doesn't count as a "mint error". If you bust one of the rolls open, we are certain you will find that only the coins on the ends of the roll have the "damage". C. We're glad you have found us!  Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Moderator
United States
56855 Posts |
I agree with it being caused by a coin counting/wrapping machine.I do not agree it was at the mint. Looks like an Armour car company like Brinks or Loomis because it looks like the wrappers are from String and Sons. John1  |
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Bedrock of the Community
United States
94367 Posts |
to the CCF! |
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Moderator
United States
15381 Posts |
to the CCF You have been given correct advise above. Those circular scratches are from the coin rolling/wrapping process and did not occur at the mint. Value is one cent each. |
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Moderator
United States
94636 Posts |
THAT is the best example of how these circles are made from coin rolling machines. The paper crimper scratches the surface of the coin, forever damaging it. But now for those folks out there can see how it correlates to the 'rings of death' we see when the coin in not in a paper roll.
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Moderator
United States
187446 Posts |
to the Community! |
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Pillar of the Community
United States
797 Posts |
Welcome to the community.
I agree, not a mint error, roll crimping machine damage.
these coin rolls are not directly rolled by the U.S. mint.
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New Member
 United States
3 Posts |
Sweet thanks for the help that means I can quit carrying them around!
I never was clear if the teller had the first clue.
On a second note. how do I go about checking their grade?
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New Member
United States
3 Posts |
Man, this is a good place to learn stuff.&  |
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Pillar of the Community
United States
1648 Posts |
The coin counting/wrapping machine damage as mentioned is usually only found on the coins at the end of the roll so its possible if the roll is opened at some point that the other coins will not also have this damage which ruins any potential added value to the coin. Quote:
On a second note. how do I go about checking their grade? For value, modern coins GENERALLY are produced in very high quantities and so unless it is graded to be a very high grade example by a third party grading company at a cost (or it contains some type of variety or error on the coin that is a topic for another day) it is typically going to remain at face value in years to come. There IS some value to high graded examples so they are worth keeping since they are in rolls and not circulated with wear, such as (for NGC grading) a MS-65 is valued at $10 after grading and placing into a NGC graded holder, MS-66 is $20, MS-67 is $75 and MS-69 is $1,250 but requires a grading fee from NGC and this can be more than the end value its worth unless you had a rare top top grade or better like MS-67 so its probably not a good idea to send in to be graded until you are very good at learning what such a top grade coin will look like and even then its not often those high grades come back so its something like speculation/gambling with modern coin grading when only the very top grades have decent value and the rest would be worth less than total of grading fees in many cases. You can post coins to this forum one per thread and get a general idea from others in feedback on its grade. https://www.ngccoin.com/price-guide...ties/822061/There is also the cost to join NGC as well https://www.ngccoin.com/join/Edited by datadragon
11/04/2022 9:24 pm
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Pillar of the Community
United States
3207 Posts |
for grading by members, you can post photos in the grading subforum http://goccf.com/f/25, or just peruse coins already greded there to help you learn how to grade Edited by nick10
11/04/2022 10:58 pm
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Moderator
United States
56855 Posts |
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Replies: 15 / Views: 2,825 |
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Posted 11/04/2022 12:30 am
