This looks pretty identical to one that was sold recently on Ebay a couple weeks ago. Interesting that they keep popping up. I'd love to know what the winner finds in the roll and the condition of the coins. http://www.ebay.com/itm/161103748093?ssPageName=STRK:MESINDXX:IT&_trksid=p3984.m1436.l2648
Those are phony bank rolls--there was no such bank. This happens often on Ebay, and some poor soul ends up with a roll of common date circulated or low level MS Morgans, and an artificially aged paper roll. Sent from my iPad.
Apparently, there was. http://currency.ha.com/c/item.zx?saleNo=141147&lotIdNo=21001 http://wnhpc.com/details/photo0100 This is not to argue that those rolls might bear anything of any great value, though.
I have no doubt that the roll on eBay is not original, but from some cursory searching, it seems as if the Bullion & Exchange Bank in Carson City did exist... Or is this webpage false? http://panicof1907.com/bullion.html
I'd be hesitant to buy an item, real or phony, from a seller with relatively low feedback for the price this item has already achieved...
I wrote that guy once and explained to him that Morgans came in bags, not bank rolls. He wrote back and told me that was "before" the banks started to put them in rolls in the 1950's. Uh-don't think so.
Okay, that bank was real--I stand corrected. However, it is common to find fake bank rolls on E-bay, that are aged to perfection. I'd say this may be a genuine roll, with newly added coins, or a fake of the original roll. I have seen so many spurious rolls of Morgans on E-bay, with common dates that are circulated. Sent from my iPad.
I agree with Rick as well as you. Yes, there were bank rolls because I have seen them in old auctions. A famous dealer had a huge sale in Iowa and I saw 50-60 rolls of silver dollars from the 40's and 50's, (rolls from then, silver dollars were both morgans or Peace). Having said that, it sure doesn't mean these things on Ebay are them. BU rolls were always same date/mm, so anytime you ever find "mixed rolls" you automatically know they are not original rolls.
If this is the case, that proves the rolls in THIS auction are fake since the bank in question was not in existance in the '50s... So they certainly wouldn't be rolling coins in the 50's and 60's in bank rolls from 1900.
There were stories of original bank rolls of various coins over the years, some are actually true, not in this case.
The thing about this type of auction is once you open the roll, you're stuck with it. You can't return it.
In your defense, I do not believe this to be the same bank claimed by the (different?) seller in a past thread on this subect. IIRC, in said thread, the claimed bank, in fact, never existed.
As far as Morgans being in bank rolls, I know thats a fact as well, as I have two of them from the 1940's that my grandmother bought from our local bank at the time. People didn't walk in and deposit or request bags of dollars.
I have researched these rolls over the past three years. Sometimes you have a copycat and those rolls are phony. On the other hand you have some real rolls here but most of them are being sold direct to people who have done the due diligence. You would be surprised at how little you know. The state of the coins in these rolls is generally far better than the end coins and better dates. Also note that cc coins are pre GSA slabs so don't expect 1883 cc and 1884 cc. There is much more privately held information.
This is a very interesting first post, sir. Since we all would be surprised at how little we collectively know, and considering how you are clearly privy to this "much privately held information", how about you enlighten us. You're the one making the claims, so prove it.
Sorry to say, but I used to go to my local bank and get rolls of silver dollars - in the 1950's. And, yes, the rolls were that color and looked very much like that (although they had a different name on them). Never saw a bag, but that may have had something to do with a 10 year old did not have the money to bother with bags.
Never bought any in the '50s but I bought rolls of Morgans as early as '61. And they were still always available until they announced in 1964 that silver would no longer be used in coins. Once that happened silver disappeared pretty quick. But original bank rolls ? When somebody claims that today then you should be suspicious. Sure there were such things at one time. And there may still be some that exist today, but you can bet they are going to be very few in number. Same for original bags. And for the sake of argument I define original as unopened.
Quite often - probably >50% - I would get entire rolls of BU 1921's. I have no idea who wrapped them any more nor where they came from. I never saw any with the coloring so common today, but it used to aggravate me because I was trying to put together a set. So I would ask for non-bank wrapped rolls. They were all circulated, but they had different dates.
