Ex-encased...exactly.
I had a conversation with Ken Potter on the phone the other day who said a company in Canada that used to make these things would find that once in a while because of slight planchet imperfections and other factors that some coins just weren't good candidates for encasement. They wouldn't fit right, would go in slanted, or something would make them just not work...the company rejected these into bins, rolled them up,a nd took them to the bank for face value. At times entire rolls of these ex-encased cents could be found at banks.
if an American company did that (which is possible) it might explain some of the hundreds of these things found every year. So not necessarily all of them came out of encasements...some might have been tried and failed.
I had a conversation with Ken Potter on the phone the other day who said a company in Canada that used to make these things would find that once in a while because of slight planchet imperfections and other factors that some coins just weren't good candidates for encasement. They wouldn't fit right, would go in slanted, or something would make them just not work...the company rejected these into bins, rolled them up,a nd took them to the bank for face value. At times entire rolls of these ex-encased cents could be found at banks.
if an American company did that (which is possible) it might explain some of the hundreds of these things found every year. So not necessarily all of them came out of encasements...some might have been tried and failed.




















