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Replies: 16 / Views: 1,394 |
Valued Member
Australia
112 Posts |
I recently was lucky enough to acquire several old coin rolls, and this plain paper roll with '1967' written on it was in the mix. I have encountered RAM and RBA rolls, but not plain ones from the era. Is it bank rolled or rolled by an individual? I have no way of knowing the dates as tails coins are on both ends. Should I unwrap it or keep it intact? It looks like several coins have already been removed by someone.    
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Moderator
 United States
171034 Posts |
I need to know what is inside! Some might call me reckless, so follow my advice at you own peril (or joy). 
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Bedrock of the Community
 United States
20696 Posts |
Well, since it is already opened... 
Inordinately fascinated by bits of metal with strange markings and figures
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Moderator
 United States
171034 Posts |
Quote:Well, since it is already opened...  
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Pillar of the Community
Australia
1020 Posts |
Quote: Is it bank rolled or rolled by an individual? Looks like its hand rolled in brown paper but may be a retail chain store roll in wrapping paper. I would open it up to see if there is any Unc coins in it otherwise its just a novelty.
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Bedrock of the Community
 United States
94367 Posts |
Agree, let's have a look.
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Valued Member
 Australia
112 Posts |
Since the roll has already been compromised on one end I decided to open it. First peel...  Look promising. Nice shiny coins inside. They're all uncirculated 1967 coins, but there's quite a bit of tarnish around the edges on each coin. Pity. But still, these are nice coins to have.   Value wise they might fetch USD$6.50 (AUD$10) each on ebay if I decide to sell them.
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Bedrock of the Community
United States
63514 Posts |
Pretty nice looking coins. 
Errers and Varietys.
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Valued Member
Australia
319 Posts |
That is a nice win. Lucky you. I sometimes try to buy rolls like that at auction with the intention of opening them. Sort of a "Lucky Dip". Besides, the suspense of not knowing what's inside would drive me nuts!
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Pillar of the Community
Australia
1020 Posts |
Yes,coins look ok,i would send them to Imperial to get pro rolled,cost would be off set by the added value to roll.
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Valued Member
Australia
100 Posts |
You can now check them all for the missing SD 
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Moderator
 United States
171034 Posts |
Quote: Since the roll has already been compromised on one end I decided to open it.  Quote: First peel...  Quote: Look promising. Nice shiny coins inside.  Quote: They're all uncirculated 1967 coins, but there's quite a bit of tarnish around the edges on each coin. Pity. But still, these are nice coins to have. Could be worse. Quote:Value wise they might fetch USD$6.50 (AUD$10) each on ebay if I decide to sell them. 
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Valued Member
Australia
174 Posts |
Those 1967 2c have been rerolled from the original RAM roll. The coin don't look too bad though. It has always been a huge problem with all RAM rolled 1c and 2c coins from 1966 to 1969 because the RAM used low quality flimsy paper which wasn't moisture resistant at all. Unless the rolls were stored in an airtight container and ideally wrapped tightly in tissue paper to protect the roll(s) from any moisture, over time the coins would get a light to dark tan discolouration around their rim. Some of the rims could easily become slightly oxidised if the coins were kept in the moisture resistant roll.
Copper and moisture isn't a good combination.
In the distant past when I was buying RAM roll(s) of 1c or 2c online, I could see the outline of the coins around the wrapper had a light stain like appearance. Useless to me but others paid a small fortune for each The rims of the coins inside these RAM rolls could be very ordinary looking and only about 8 to 10 of the coins inside - if you were very lucky - could be reasonably ok, but rarely brand new looking.
Quite a few people paid a small fortune for eg 1968 1c and 2c RAM rolls only to find the coins inside weren't much use because of the varying degrees of rim discolouration and/or fine oxidisation. They probably weren't aware enough to look at the brownish lines of discolourisation from the coins inside showing around the wrapper.
Luckily, the RAM started using very good high quality slightly thicker moisture resistant paper to wrap the 1c and 2c ( and 5c, etc, too ) coins into from 1970 onwards so from then on it was safe to buy any 1c and 2c.
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Valued Member
 Australia
112 Posts |
Thank you for the replies. Unfortunately they all have the 'SD' so no luck there. I don't know how to quote a previous post, so I'll reply to squaremealroundplate's post the old fashioned way. Quote: "It has always been a huge problem with all RAM rolled 1c and 2c coins from 1966 to 1969 because the RAM used low quality flimsy paper which wasn't moisture resistant at all." Mmm yes. All the 60s rolls I've seen have had thinner than usual paper that looked different. I did peel open a 1966 2c roll that had tails coins on both ends and all of them were perfect without oxidation, so they do exist but are probably rare. Quote: "Quite a few people paid a small fortune for eg 1968 1c and 2c RAM rolls only to find the coins inside weren't much use because of the varying degrees of rim discolouration and/or fine oxidisation. They probably weren't aware enough to look at the brownish lines of discolourisation from the coins inside showing around the wrapper." I bought a 1966 1c roll a few years ago and sold it on ebay. No idea if the customer decided to open it, but I always assume they're worth more intact. But if they're intact you can't check the coin quality... I always keep rolls intact unless they're already compromised or there are tails coins on both ends making year identification almost impossible.
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Moderator
 United States
171034 Posts |
Quote: I don't know how to quote a previous post, so I'll reply to squaremealroundplate's post the old fashioned way. I fixed your reply. If you look at it before the "edit window" closes (24 hours) you can see what I did. Otherwise... How to QuoteIf you are using the Quick Reply box... 1. Type [quote]
2. Paste the text you want to quote
3. Then type [/quote] If you are using the Post a Reply button... 1. Paste the text you want to quote 2. Highlight it 3. Then press the 'Insert Quote' button:  So this... [qu ote]Quoted Text[/qu ote] Looks like this... Quote: Quoted Text
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Valued Member
 Australia
112 Posts |
Quote: I fixed your reply. If you look at it before the "edit window" closes (24 hours) you can see what I did. Cool, thank you for that jbuck.
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Replies: 16 / Views: 1,394 |