Bank Roll all 2016 uncirculated except one

Discussion in 'Coin Roll Hunting' started by Matthew Kruse, Jan 6, 2020.

  1. Matthew Kruse

    Matthew Kruse Young Numismatist

    :eek: Just opened this bank roll...
     

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  3. paddyman98

    paddyman98 I'm a professional expert in specializing! Supporter

    Then you need to question it. Is it really Uncirculated?
     
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  4. Matthew Kruse

    Matthew Kruse Young Numismatist

    No, but what are the odds?
     
  5. Clawcoins

    Clawcoins Damaging Coins Daily

    It's "uncirculated" from when the person who put the roll together never circulated it after that.

    It all depends upon the "starting point" of when someone classifies it as being uncirculated.
     
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  6. Matthew Kruse

    Matthew Kruse Young Numismatist

    I don’t know.. I just thought it was interesting.
     
  7. Collecting Nut

    Collecting Nut Borderline Hoarder

    Definitely interesting. Just reroll them, exchange at a bank and try again.
     
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  8. Matthew Kruse

    Matthew Kruse Young Numismatist

    Yep.
     
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  9. Clawcoins

    Clawcoins Damaging Coins Daily

    just be wary anytime you see "uncirculated rolls" on eBay .... it usually follows the definition of the seller, and not your definition.
     
  10. CaptHenway

    CaptHenway Survivor

    Cannot see what point you are trying to make from that photograph.
     
  11. Matthew Kruse

    Matthew Kruse Young Numismatist

    No I got them from the bank.
     
  12. PassthePuck

    PassthePuck Well-Known Member

    Well, the bank gets them from a distributor. The mints send them to the Federal Reserve bank, which in turn sends them to a local distribution center to be shipped to local banks. Generally, they come in big bags, so the coins are all loose. Then, at the distribution center, the coins go through a counting machine and rolled. This machine leaves scratches on the outer coins due to the paper rolling process. My advice is...get a handheld microscope and ONLY keep the coins with ZERO scratches and throw the rest away! But that's me!
     
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  13. Paul M.

    Paul M. Well-Known Member

    Who cares if it’s “uncirculated” as long as the coins are “mint state.” ;)
     
  14. Matthew Kruse

    Matthew Kruse Young Numismatist

    Dont throw them away! Haha ;)
     
  15. Clawcoins

    Clawcoins Damaging Coins Daily

    Yeah, but doesn't everyone throw their damaged money in the trash ?
    :eek:
     
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  16. Collecting Nut

    Collecting Nut Borderline Hoarder

    I spend all the my damaged money.
     
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  17. Matthew Kruse

    Matthew Kruse Young Numismatist

    Good idea
     
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  18. Collecting Nut

    Collecting Nut Borderline Hoarder

    Well it's either spend it or reroll it. :)
     
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  19. Kevin Mader

    Kevin Mader Fellow Coin Enthusiast Supporter

    Folks sometimes hang onto boxes of 'uncirculated' cents from years back when they picked them up with intentions to search them or keep them for a payout in the future. The trouble with most newer cents is that they will probably never command a premium, and when folks figure that out, they are brought back to the bank. Hence 'uncirculated' 2016 cents in 2020.
     
  20. Matthew Kruse

    Matthew Kruse Young Numismatist

    Yep. You'd probably have to wait a few hundred years for them to be worth anything more than face value.
     
  21. Spark1951

    Spark1951 Accomplishment, not Activity

    ...well, maybe not that long. Well struck, conserved Zincolns, without plating or strike issues, in the higher grades, are already worth more than FV to many collectors.

    If they survive intact 50 years from inception, and that is only 12 years away for the first year, people who saved what no one else did may just have something very desirable and valuable...it will come down to what kind of condition that they survive to. The (good) ones I have conserved are holding up fairly well at 38 years young. I used to have several thousand zincolns, but all but the best condition ones have been returned to the wild...I don’t need 40 1992-D zincolns unless they are CLAMs (no, I haven’t found one yet).

    ...And...think about pristine 2017-P cents that survive to the year 2067.

    What I don’t like to think about is if what I did keep ends up disintegrating in the flips no matter what I do to conserve them...Spark
     
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