When did they start putting coins into paper rolls?
mdwoods
Posts: 5,549 ✭✭✭
Anyone know? Thanks.
0
mdwoods
Posts: 5,549 ✭✭✭
Comments
Obscurum per obscurius
<< <i>Thats a good question, they must have had rolls before bags, did you actually get a bag of large cents?--BigE >>
From what I've read, early large cents were shipped in wooden kegs. "Keggers" must have had an entirely different meaning at early American frat parties.
Obscurum per obscurius
I was wondering because of Seth's original bankroll of trade dollars in China post
silver dollars the mint kept in bags
have rolls always been a bank and store sort of thing?
how can you tell if the roll was rolled the year of issue? or someone put them in many years later?
any patent lawyers who can do a quick search to see when paper coin rolls were invented?
<< <i>Thats a good question, they must have had rolls before bags, did you actually get a bag of large cents?-- >>
Before bags they had Kegs. I'm not sure where rolls came into the picture. I have heard of but not seen rolls of half dimes, and three cent nickels. So if that was true, then they could go back to at least 1873.
but it doesn't say when it was rolled ->
Bank History
The First National Bank of Seattle was chartered under the National Bank Act in 1882.
In 1928, it was controlled by the First National Corporation of Seattle Washington.
In 1929, the company merged with the First Seattle Dexter Horton National Bank and in 1931 adopted the original name First National Bank of Seattle.
In 1935, the company changed its name to Seattle-First National Bank.
In the 1970s, Seattle-First National Bank uses the marketing name Firstbank on signs, advertising and products such as the Firstbank card.
In 1974, Seattle-First National Bank established as a one-bank holding company; Seafirst name was first used.
In 1983, Seafirst Corp. was bought by BankAmerica Corp.
In 1999, Seafirst Bank changed its name to Bank of America
according to the bank history above, it must have been rolled 1935 or later to have that name printed on the roll
are you going to ever open it to see what dates/mintmarks are included? or do you feel they are all the same date/mm? (which may be the case)
As you can see this was not a shotgun style of roll in that it was a diagonally cut paper rolled over the edge to create the "roll effect."
This style of paper roll was popular until the 1930's.
<< <i> This was the style of the paper roll patented May 31, 1921. >>
Oreville,
That's a great piece of Numismatic ephemora.
I do recall an "original bank wrapped roll" of Indian cents being sold some year ago. Supposedly, the coins were spotted pretty heavily when opened.
"
An Original Roll of Copper-Nickel Indians
The Copper-Nickel Indian Cent had a short-lived minting existence from 1860 until 1964 [sic!] when it was replaced by the bronze composition. The collecting of small cents was unheard of in the 1860's and very few choice Mint State examples of this type remain for today's numismatic fraternity. While original rolls of later dates (especially from 1895 until 1909) do surface with some frequency, often years pass until an original roll of the Copper-Nickel variety is discovered. To your and our good fortune, we have recently acquired an original paper-wrapped roll of 1863 Copper-Nickel Indian Cents. We have chosen the finest 8 examples, grading Mint State-65, and we herewith offer them. As astute students realize, the Copper-Nickel coinage of this era in Mint State-65 quality is actually more scarce than the silver issues although the latter are priced at much higher levels. For nearly three years now, it has come to the discernment of the numismatic community that the Flying Eagle and Copper-Nickel Indian Cents are, for the rarity, two of the most underpriced type coins. We note that a recent newsletter crossed our desks projecting that the 1863 MS-65 Indian Cent will be worth $5000 by 1987. Although we find this to be a bit optimistic and generally do not agree with the practice of projecting future prices for rare coins, nothing would please us more if this were to come to pass. Of course, the next owners of these little jewels would be equally pleased.
1863 COPPER-NICKEL INDIAN CENT, MS-65, spcially priced at wholesale BID level
$975. each
"
Best,
Sunnywood
Sunnywood's Rainbow-Toned Morgans (Retired)
Sunnywood's Barber Quarters (Retired)
Oh, that would be late 1780's early 1790's.