I was looking at some BU rolls on Ebay that were in "shrink wrap" rolls. Could these be truly unsearched or could someone actually search thru the coins and re shrink wrap them? If they were in paper rolls it would be one thing, but plastic shrink wrap?
They could easily be customer wrapped coins from a large operation such as a coin laundry chain, etc.; or they could be bank wrapped coins from deposits. Shrink wrap doesn't guarantee fresh from mint bags. If the coins have been handled in any way, they can't be considered "unsearched" IMHO.
Some banks use shrink wrapping also. I have to agree though. I would be very suspect of any shrink wrapped roll being unsearched. On the other hand, if you can find them at face value you can't lose.
These coins where of one date and one mint mark, so I do not think they were from deposits. This relates to my question about 1986 Lincoln cents.
Well I know that in most guides the 86-P stands out for the Lincoln series, but for greysheet bid, the 86-D brings a larger premium. Same goes for the Nickel and Quarter.
I have a grey sheet from Aug. 13 and the 86P cent is only a dollar more than the 86D, but a bid difference in the nickel and quarter prices. What does the + mean between the bid and ask price?
The federal reserve banks ship the bags to coin centers/coin rooms, where they're typically rolled and distributed to area banks, stores, etc. The good thing about shrink wrapped rolls is that you can plainly see if one of the coins is circ. I doubt that coin room employees have time to search stuff but obviously if there were an oversized error that would be offsorted and probably returned to the mint. Nick
Plus or minus is what that particular coin has done in the past week. Plus means the price has increased. Minus for declining.
