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Bank Wrapped/ Unsearched Rolls: Real or not?

by: chilipeppers1( 10340Feedback score is 10,000 to 24,999) Top 5000 Reviewer
48 out of 53 people found this guide helpful.


Being able to tell if bankroll is real or not will help you protect yourself from false claims by eBay Vendors about coins being unsearched.

There are several different kinds of rolls that are used for commercial (banks) and personal use. I will go over the most common in detail below:

Shot Gun Rolls:  A shotgun roll is a roll of coins of regular value which has been tightly wrapped with tamper-proof ends by a bank or minting authority. Although the term "shotgun roll" used to refer to a roll of double length and value, nowadays the double rolls are called "double shotgun rolls" and single, normal rolls are simply "shotgun rolls." These are the most common types of rolls banks use. They will be made of paper and both ends will be tightly wrapped. A dead give away is the fact that the seam (where the paper ends) of an authentic shot gun roll will be jagged, from the cutter that is used in automated coin wrappers.

Plastic Shot Gun Rolls: These are similar to the rolls mentioned above, however clear plastic is used instead of paper to seal the roll. These rolls do not have seams, instead heat is used to make the ends of the rolls tighter. While these rolls are effective for making sure all coins are accounted for, they often time will lead to discoloration of coins, especially BU Coins.

Personal Rolls: These rolls are sold in bulk lots by some everyday retailers like Walmart. One side of the roll will be crimped while the other is open, so people can put coins into the roll and then close it. A common brand used is Coin Tainer. THESE ARE NOT AUTHENTIC BANK ROLLED COINS.  A good way of telling these from real bank wrapped coin rolls is that the seam of the roll will be straight (an automated cutter was not used). People can buy these rolls for very cheap and then get a “Twist and Crimp” or something similar to seal the rolls, however the ends will not be as tight. Anyone can purchase these crimpers by Googleing: “Twist and Crimp”

The only exception to this rule is when you are buying original rolls from before the 1970’s in which case, you can tell if they are authentic by the color of the papers used.

Don’t get stuck with a lemon, know what you’re buying before you bid!

Enjoy!


Guide ID: 10000000002456163Guide created: 12/05/06 (updated 07/03/09)

 
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