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Bank Roll Question

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Valued Member
slash112's Avatar
United States
368 Posts
 Posted 07/10/2010  10:37 pm Show Profile   Bookmark this topic Add slash112 to your friends list Get a Link to this Message Number of Subscribers
So I got a roll of the 2009 LP 3's
(Lincoln standing up in front of some building lol I think that is the LP3 design)
The issue here is that the roll is in the clear shrink wrap. Should I break them open and wrap then in regular paper wrappers? I think the shrink wrap might have some effect on the coin, but don't know.
Does anyone have an idea of what I should do. I don't want to invest in plastic rolls either, but who knows. Maybe not break the roll open? Suggestions.....
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Neil's Avatar
555 Posts
 Posted 07/10/2010  11:08 pm  Show Profile   Bookmark this reply Add Neil to your friends list Get a Link to this Reply
Not much of a premium on the Professional life rolls. Worth more in shrink wrap than you putting them in paper wrappers. Don't know about the long term effect.
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Scooby Due's Avatar
United States
4000 Posts
 Posted 07/10/2010  11:16 pm  Show Profile   Bookmark this reply Add Scooby Due to your friends list Get a Link to this Reply
Good question on the shrink wrap. Maybe one of our resident chemists can chime in on that.

I know paper would have a long term adverse effect, so that's not the answer. There is acid or something in the paper that's not good for coins, that's why you see coins that have been in the Whitman folders a long time look so bad. At least Lincolns, anyway.

Unless you're really bent on keeping them in tact, I would bust them open, look for some of the doubled dies or any other errors, and put the rest in a coin tube, but you said you didn't want to buy those either.

What do you have against the coin tubes?
Valued Member
slash112's Avatar
United States
368 Posts
 Posted 07/11/2010  12:20 am  Show Profile   Bookmark this reply Add slash112 to your friends list Get a Link to this Reply
nothing really against coin tubes
never really shopped them but don't like to spend much money. I feel that if this hobby is costing me nothing but time, then it's a winning hobby. I save up money and some of it could carry a premium of some kind. Even if it is a very small one. I don't want to be in the hole in terms of how much money I have into this.
I snatch up everything I have from circulation and am afraid if I start spending too much money on things I will run into an addiction that could cause me some problems I don't want to have to deal with hahahaha. To this day I have never bought a coin, and am still in need of albums, using the folders for about a half of a year when I started. First on the list are some dansco albums, then maybe I'll look into getting some tubes. (Thats quite a bit of tubes for circulated coins though, since I am doing every year.
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Scooby Due's Avatar
United States
4000 Posts
 Posted 07/11/2010  12:35 am  Show Profile   Bookmark this reply Add Scooby Due to your friends list Get a Link to this Reply
I see. Just don't leave the Lincoln's in folders too long. Seriously, the paper is not good for them. I think I just picked up 40 coin tubes from my dealer for $10. So, .25 each? I think it's worth it for the storage and organization, but I understand where you are coming from. What are you keeping your "stash" in now?

Here's what Whitman/paper/cardboard does to copper:

Bank-Roll-Question
Valued Member
slash112's Avatar
United States
368 Posts
 Posted 07/11/2010  09:40 am  Show Profile   Bookmark this reply Add slash112 to your friends list Get a Link to this Reply
right now I have all of my collections in whitman folders.
I have 2 penny folders 09-70 something
2 Kennedy half dollar folders 64-04ish
3 nickel folders 38-present
1 dollar coin (Ike's and SBA's)
1 P D State Quarters folder
1 Presidential dollar folder
1 Roosevelt dimes folder 65-04 or so
Then my year and mm pennies from 59-present have been being wrapped in paper and my extra rolls of wheaties are also in paper. My extra 30's 40's and 50's nickels are in paper as well as my P & D bicentenial quarters and old canadians. I think that about covers what I have. OH yeah my silver coins are all wrapped in toilet paper and stuffed in sandwhich bags until I buy my albums. The folders were initially needed to organize and I only started with the pennies and nickels. I have grown fast. But the Albums are what I want to buy asap.
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slash112's Avatar
United States
368 Posts
 Posted 07/11/2010  09:43 am  Show Profile   Bookmark this reply Add slash112 to your friends list Get a Link to this Reply
and remember this has been the storage for only about 7-8 months, if that long
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Metalman's Avatar
United States
7123 Posts
 Posted 07/11/2010  09:44 am  Show Profile   Bookmark this reply Add Metalman to your friends list Get a Link to this Reply
Clear shrink rolls are usually Brinks wrapped rolls. the plastic is not archival quality it is meant to be opened and the coins used in circulation, they have no loyalty to the collector.
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AndrewC's Avatar
United States
335 Posts
 Posted 07/11/2010  09:55 am  Show Profile   Bookmark this reply Add AndrewC to your friends list Get a Link to this Reply
Scooby, I think somebody used glue on that cent. When my son showed an interest in collecting, I dug out my old Whitman folders. They had been in a cardboard box for over 30 years. The coins look the same as when I put them in, except that they are darker now.

Also, I believe that the folders they make now don't have the same composition as the old ones.

That said, I wouldn't keep high-grade coins in them.
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Metalman's Avatar
United States
7123 Posts
 Posted 07/11/2010  09:59 am  Show Profile   Bookmark this reply Add Metalman to your friends list Get a Link to this Reply
I have coins in whitmans that have been there close to 40 years, triple wrapped in tin foil they look exactly the same as when I put them in.

The whitmans have glue already on them from when the cardboard was laminated together, it only transfers if the folders draw moisture.

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United States
573 Posts
 Posted 07/11/2010  12:56 pm  Show Profile   Bookmark this reply Add StJoeBlues to your friends list Get a Link to this Reply
I got 6 boxes of cust rolls, in paper rolls, last winter from the bank. Quite a number of the rolls were 100% copper. Based on what the vault manager told me about the customer, they have been in the rolls since the early 80s. There were quite a number of BU red cents from the mid 70s to early 80s. The face was bright red but the edges, where the paper was touching them, were brown. I assumed that was from the paper.
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guitarmonkee's Avatar
United States
70 Posts
 Posted 07/11/2010  9:56 pm  Show Profile   Bookmark this reply Add guitarmonkee to your friends list Get a Link to this Reply
Lincoln is standing in front of the old capitol building in springfield,illinois on the LP3. I still have my first whitman Lincoln Cent folder my grandpa gave me in 1966 and all the coins are still in the same condition as when he gave them to me!
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okiepb's Avatar
United States
1213 Posts
 Posted 07/12/2010  1:25 pm  Show Profile   Bookmark this reply Add okiepb to your friends list Get a Link to this Reply
I wouldn't leave them in the shrink wrap or put them in paper. A plastic tube isn't that expensive & it does a much better job of protecting the coins.
Valued Member
slash112's Avatar
United States
368 Posts
 Posted 07/12/2010  11:05 pm  Show Profile   Bookmark this reply Add slash112 to your friends list Get a Link to this Reply
thanks guys
gonna invest in some plastic tubes
after I grab up some Dansco albums
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