Greysheet and "Rolls"

lsica

Haven't seen a grey sheet in a while, but do they still post prices for "rolls"?
Is there really a market for those?
How would you even tell for sure if a roll was "original" or "put together"?
Isn't the market for moderns in specific MS grades more active than the roll market?

(Why is the sky blue? How does Santa get in the house since we don' have a chimney? Oy I sound like my daughter with the rapid fire questions Sorry )

RedHerring

Haven't seen a grey sheet in a while, but do they still post prices for "rolls"?.........Yes.

Is there really a market for those?........Yes.

How would you even tell for sure if a roll was "original" or "put together"?........Most often you can't but if it's a solid date BU roll then it shouldn't matter.

Isn't the market for moderns in specific MS grades more active than the roll market?........Yes.

Coiny

Since we are asking questions, Does the Greysheet sell signle copies if you
just want to get a feel for roll prices?

I collect OBW Franklin Rolls and would love to know what the pricing is on those, but
have no need for an ongoing subscription.

Thanks.

morgandollar1878

Yes they do, and yes there is.

As far as a roll being original or not, there are several tells that a roll may be original, but you can not be sure for every roll. One way would be to compare the rims if they were toned. One of the other ways is to check for a similar mark on the coin such as a die gouge. I found a roll of 64 kennedy halves where a die gouge was present on 16 of the 20 coins in the roll. If a crimped paper roll has an end that looks like ithas been messed with it probably has. There is not really a sure fire way in my opinion on a roll really being original or not.

beartracks42

<< <i>Since we are asking questions, Does the Greysheet sell signle copies if you
just want to get a feel for roll prices?

I collect OBW Franklin Rolls and would love to know what the pricing is on those, but
have no need for an ongoing subscription.

Thanks. >>




Yes they do sell single copies.

cladking

I've always been curiuous why they list roll prices for clad since the
market for these is exceedingly thin. I'm very glad they do list these
prices since it provides some indication of relative values and some
indication of the activity in the market. But things like 1969 quarter
rolls don't really trade and listing them suggests to many iobservers
that they do. They don't trade mainly because there aren't any and
only secondarily because no one would want one anyway. Quality is
horrendous so most collectors seek mint sets. Wholesalers can't find
rolls so they turn to mint sets as well. The rolls that do exist will us-
ually be mint set rolls.

The roll prices listed are real but they are determined by what whole-
salers pay for decent rolls. They'll buy an original roll but if it's poor
they won't buy others of that date in the same lot. Generally they're
buying mint set rolls and even these have to be choice.

BillJones

The Gray Sheet lists BU roll prices every other week. It runs opposite the listing for modern commemorative coins and sets.

When I was a dealer I did not know any dealers who offered rolls of coins. I wasn't in the market for them, I'll admit, but when I was looking for a roll of 1950 cents to celebrate my in-laws 50th wedding anniversary, I couldn't find anyone who had them for sale. Fortunately Northeast Numismatics, a firm with whom I did a lot of business when I was dealer, had a couple circulated rolls that I could buy.

The term "original roll" is a bit of misnomer. Until recently the U.S. mints issued coins by the bag, not the roll. Rolls were made by banks and other services that put the coins into rolls for commercial use.

As for original vs. put together rolls, I’d be more interested in rolls that had BU coins in them than rolls that are salted with sliders (AU coins). I’d also be concerned about rolls that are one or two coins short. That was a trick some dealers used in the old days to improve profit margins.

Overall rolls are a “1960s thing” when people speculated in them. Today my view is that it is a pretty dead part of the market. But that’s just my perception.

hammered54

this subject seems to come up quite often.
the CDN lists BU rolls that's true ..but OBW (original bank wrap... or original brinks wrap lol.) is another story.
there were many saved even into the late 70's ..and yes it was the bank's that rolled them for a long time.
I still have many of these roll's...cent's, dime's , and nickel's.
my dad in his younger day's like to look for errors so he bought many of bag of coin's when they turned out to be BU roll's he just stuck them away.
they came in bag's pre rolled and lead sealed.

CoinCrazyPA

I thought it was a policy that rolls bought using the sheet had to be original rolls not put together rolls. Except for proof rolls.

RedHerring

<< <i> thought it was a policy that rolls bought using the sheet had to be original rolls not put together rolls. Except for proof rolls. >>



The Greysheet lists BU Rolls, not OBW rolls. Prices are for BU rolls.

There is disclaimer for Washington rolls though. It states: "put together" rolls bring lower prices.

cladking

<< <i>

The Greysheet lists BU Rolls, not OBW rolls. Prices are for BU rolls.

There is disclaimer for Washington rolls though. It states: "put together" rolls bring lower prices. >>




Almost all of the modern rolls appear as really very poor quality. This applies to cents
to a lesser degree than the other denominations but some coins would be expected to
be extremely poor quality if you can find them. There are some roll collectors who would
have an interest in such rolls regardless but the wholesalers will not buy these at bid. If
you send them 10 identical really bad original rolls expect to get nine back and a check
for the 10th.

Most of these rolls are put together rolls from mint sets with the lower quality coins re-
moved.

This primarily applies to clad and especially the older clad and those which are often marked
up or poorly made.

CoinCrazyPA

Good to know, by the way I was not referring to obw rolls just original rolls from the same bag. Thanks for clarifying this.