1958 Wheat penny Roll (Caution large Pictures)
Rogerd
Posts: 36 ✭✭
I have a question about this roll of 1958-P pennies. It is wrapped in a paper with a foil liner next to the coins. Can anyone give me a date as to when this kind of wrapping was used. I am tempted to open the roll and check it for any possible ddo's. If I had an idea as to when this type of paper was used, I might be able to determine if it had already be searched. any information would be helpful. Thanks
Roger
Roger
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Now I suppose its possible that the roll was wrapped without being searched but I wouldn't think so.
Perhaps some of the longtime Lincoln collectors can explain why aluminum foil was used.
The name is LEE!
It must have been done many years ago, maybe before they thought much about varieties/RPMs on cents.
I'd be looking for that rare 58 DDO.
In 1973 I went to the new "drive through teller" at the local bank to get some cent rolls to search. They gave me fresh new 73-d cents in paper/aluminum OBW rolls! I didn't keep the rolls since I was looking for wheats and I've never seen paper/aluminum OBWs since then.
edited note-
They have rolls in Canada that I have not seen anywhere else. They are flat sheets of paper - one size fits all denominations. When you manage to roll them up, a port hole will line up with the correct denomination and value. I am a klutz and I find it very awkward, but an interesting concept nevertheless.
of these type of cent rolls in collections over the years. I surmise that it was done in the 60's (just because
of the age of the sellers and the dates of their coins).
bob
PS; it did seem to stop any toning from happening. Mine were all searched of course.
The ones I got in 73 at the bank were OBWs and the foil was the backing of the paper and were crimped not folded on the ends. The one in the post is the only other one I've seen like that. If you look close it's foil backed paper.
I have also seen the ones with holes, the same paper was used for every denomination and the correct amount showed. 50 cents, $5 dimes, $2 nickels etc. I don't remember where those came from.
About 25 years ago I picked up over 600 rolls of Lincoln pennies from 1909 - 1939 that had been collected by a lady selling the tickets for the public transit systems in New York, which meant that she saw a lot of coins everyday in her job. She had a good eye for quality with most of the rolls being solid date grading EF to low mint state. She had put together 3 compete sets, with all of the keys, that were her pride and joy. I still have all of the sets and all of the rolls have been wrapped in Al foil, then the regular paper wrapper, and were put in steel ammunition boxes. I had gone through about half of the rolls when I first bought them from the husband, who was not a collector and just wanted to get rid of the pennies after his wife had died, but I decided to wait for some time in the future for the rest of the rolls when I had the time to better appreciate what the lady had done in gathering all of those pennies. I think that time is rapidly approaching for me.
Out of all of the rolls of pennies that I have seen this was the only time that I ever saw the pennies first wrapped in foil, then the paper wrapper.
that's some horde. you're a strong person to be able to sit on those for so long. I'd love to be looking over your shoulder when you go thru them!
https://pcgs.com/setregistry/showcase/2819
Still, I'm not so sure that this represents the typical bank wrapped roll and as such, combined with the folded ends, the probability that it has been searched is very high.
On the other hand, seeing a roll of brand new shiney wheat backs can be very exciting. Even for the common ones.
The name is LEE!
Capital investment depends on confidence. - Martin Armstrong