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A Glimpse of an Original, Mint State Roll of 1932 Washington Quarters (Links to Large File Size Imag

TomBTomB Posts: 21,954 ✭✭✭✭✭
There has been some discussion recently concerning what does and does not constitute an original roll of coins. My opinion is that a roll may be considered original if one can be reasonably confident that the coins in the roll were issued together and have stayed together throughout their existence, regardless of whether or not they are in a crimped or sealed paper roll or even if they are stored in a plastic tube. The logic behind this is rather straightforward since paper rolls can be opened at will, and can even be crimped at home, as well as the fact that many rolls were immediately removed from their paper and placed into plastic tubes for long term storage. Truly, continued storage in paper rolls can lead to spotting of coins and I have seen this firsthand in rolls of cents and dimes that had deteriorated to the point of damaging the contents.

One original roll that I have had the pleasure to own is a roll of 1932 Washington quarters saved from the first year of issue for this series. I obtained this roll many years ago from a trusted source, one who is very well known and respected within the numismatic community, and have kept the roll intact since that time. The coins that make up this roll exhibit many of the qualities that one would hope to find in an original roll. These characteristics are often missing from put-together rolls, but unfortunately they may also be missing from rolls that were stored from the date of issue in plastic tubes. However, quite a few put-together rolls are placed into paper wrappers and then offered as original with the paper wrapping touted as evidence of originality. If one has an understanding of what might be expected in certain situations then one might be better able to protect their investment in this market. Therefore, this thread will utilize large file size images to show some qualities of an original roll. To better illustrate the points, I have used links to the images instead of embedding them within the text.

A paper-wrapped roll of silver coins should show evidence along the reeding of the coins to indicate exposure to acid and sulfur, which until the early 1970s were present in fairly high concentrations in most North American made papers. The roll of quarters shown here illustrates this point quite well with all the coins being rather deeply toned along the reeding in a grey-black manner. Typically, a put-together or dipped roll could not match this type of toning coin-for-coin and this might be an indication that the pieces were not together for a substantial length of time. Of course, a roll housed in a plastic tube might also be missing this toning, which makes the interpretation of the roll more difficult.

Additionally, a paper-wrapped roll that has remained undisturbed for many years may contain coins at the ends of the roll that have geometric patterns within the toning. This is perhaps best known within the Morgan dollar series where end of roll coins may fetch astounding premiums if the pattern of toning is especially intriguing and colorful. Unfortunately, however, few end of roll pieces are ever as vibrant as the best Morgan dollars. The roll of 1932 Washington quarters, which was shown above, has both of its end coins toned in auburn with geometric patterns. This is quite unusual to find on a quarter roll of this vintage and, in my opinion, very desirable. In this case both end of roll coins had their reverse toned and they may be seen as coin A and coin B. The corresponding obverses are coin A and coin B. Moving toward the center of the roll the coins quickly become less deeply toned. Coin C and coin D both came from near the ends of the roll and had their obverse facing the end of the roll while the reverse, coin C and coin D, faced the center of the roll. Finally, most coins buried closer to the center of the roll are essentially devoid of deep toning as shown in coin E and coin F obverse and coin E and coin F reverse.

Interestingly, none of the coins, including those in the center, are pure white and this can be used to identify a roll that has been together for a long period of time. Each coin in this roll, aside from the more deeply toned end of roll coins, has terrific luster that shows light, lemon toning in the center and faint, sky blue toning near the rims. In the images provided, this sky blue toning may be seen clinging to the perimeter and penetrating to about the depth of the letters. Two other things of note that can be seen in the images are the terrific flow lines, which interact with light rays to produce what we see as luster, and the light motto IGWT. This motto was used only on the issues of 1932 as well as the 1934 Light Motto coinage.

Therefore, this roll shows certain traits that one might want to look for in a roll that is being sold as original and these traits include nearly uniformly toned reeding, clearly defined end of roll coins and a consistent patina between pieces. While this short thread could not possibly be used to determine the veracity of every claim, it might help someone who inspects, for example, a paper-wrapped roll of Morgan dollars that are claimed to be original yet show no toning on the reeding or consistent patina.
Thomas Bush Numismatics & Numismatic Photography

In honor of the memory of Cpl. Michael E. Thompson

image

Comments

  • BochimanBochiman Posts: 25,556 ✭✭✭✭✭
    Thanks for the lesson, Tom image
    Also, thanks for entering me for the nice giveaway of the original roll of MS 1932 WA quarters image

    (ps.....those images have a little size to them, don't they? image )

    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

  • dcamp78dcamp78 Posts: 1,082 ✭✭
    Wow! The coins are stunning!

    Thanks for sharing. I learned 2 things today!

    Big Dave
    -------------------------
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  • LongacreLongacre Posts: 16,717 ✭✭✭
    Great info. Thanks.
    Always took candy from strangers
    Didn't wanna get me no trade
    Never want to be like papa
    Working for the boss every night and day
    --"Happy", by the Rolling Stones (1972)
  • orevilleoreville Posts: 12,124 ✭✭✭✭✭
    TomB;

    Delightful and informative lesson for us all.

    A wonderful original roll to boot!

    Original Washington quarter rolls from the 1930's is becoming a more and more awesome treasure to behold in our hobby. It is so tempting to split them all up and get them slabbed but it is appreciated to see another collector such as yourself resist the terrible temptation to cash it all in.

    A Collectors Universe poster since 1997!
  • IGWTIGWT Posts: 4,975
    Thanks for the lesson. image
  • gonzergonzer Posts: 3,047 ✭✭✭✭✭
    Very interesting. Thanks for the explanation and reasoning.image
  • elwoodelwood Posts: 2,414


    Thanks Tom!!

    Another indicator is if all the coins have come from the same die or are in the same die state.

    Please visit my website prehistoricamerica.com www.visitiowa.org/pinecreekcabins
  • jhdflajhdfla Posts: 3,030 ✭✭✭
    Nice story Tom. Thanks for the pics too, very cool stuff.

    John
  • wayneherndonwayneherndon Posts: 2,357 ✭✭✭
    Excellent thread! Thanks Tom.

    WH
  • slipgateslipgate Posts: 2,301 ✭✭
    Great post - imagine if that was a roll of 32-d!
    My Registry Sets! PCGS Registry
  • georgiacop50georgiacop50 Posts: 2,909 ✭✭✭✭
    The Omaha Bank Hoard had some 1932's I believe. But did they look like these? None that I have seen!
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    Thanks TomB, once again, for a very informative and valuable lesson in numismatics. I appreciate all your posts. Cheers, RickO
  • As a collector that has hundreds of "original" rolls, your presentation is right on target and greatly appreciated.

    Thanks,

    Garrow
  • bestclser1bestclser1 Posts: 5,566 ✭✭✭
    Tremendous and informative post as always Tom,and gorgeous roll of 32s as well.image
    Great coins are not cheap,and cheap coins are not great!
  • RickMilauskasRickMilauskas Posts: 1,985 ✭✭✭
    Great thread...and pics.

    I'd really like to find a roll like that myself.
  • Thanks for sharing that with us, Tom! I always appreciate learning something new! Great looking coins, too!

    Eric
    EAC member since 2011, one third of the way through my 1793 large cent type set
  • sbeverlysbeverly Posts: 962 ✭✭✭
    Many thanks for the education.
    Positive transactions with Cladiator, Meltdown, ajbauman, LeeG, route66,DennisH,Hmann,FilamCoins,mgoodm3,terburn88,MrOrganic, weg,dcarr,guitarwes,Zubie,Barndog,wondercoin,braddick,etc...
  • Tom, thanks for a very informative post.
    Exclusively collecting Capped Bust Halves in VF to AU, especially rarity 3 and up.
    image
    Joe G.
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  • jmski52jmski52 Posts: 23,128 ✭✭✭✭✭
    Tom, thanks for a peek at a very nice roll. I am guessing that you've had this roll stored in plastic, so have you noticed any additional toning over the years that you've had the coins?

    If you have rolls that you know to be genuinely original in paper rolls, do you recommend transferring them to plastic?
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • Fantastic post and bookmarked. Thanks.
  • CommemDudeCommemDude Posts: 2,302 ✭✭✭✭✭
    Gorgeous coins, thanks Tom... A few years ago a roll of Columbian halves was broken up, all coins had original white centers with a trace of russet and blue rim toning to suggest storage in a paper roll. These are the exceptions that prove the rule that old coins are not white unless dipped.

    Compare your beautiful coins to dipped out coins and the difference is dramatic. image
    Dr Mikey
    Commems and Early Type
  • ShamikaShamika Posts: 18,785 ✭✭✭✭
    This is an outstanding thread! image

    FYI: I can't seem to open the last four links. An error pops up.
    Buyer and seller of vintage coin boards!
  • SwampboySwampboy Posts: 13,091 ✭✭✭✭✭
    Thanks so much TomB, and Shamika for bringing it to the top.
    Don't know how I missed it.


    image

    "Inspiration exists, but it has to find you working" Pablo Picasso

  • lordmarcovanlordmarcovan Posts: 43,673 ✭✭✭✭✭
    image

    Explore collections of lordmarcovan on CollecOnline, management, safe-keeping, sharing and valuation solution for art piece and collectibles.

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