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Is this 1943 steel penny worth grading?
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<p>[QUOTE="desertgem, post: 24079264, member: 15199"]Most all banks do not roll their own coins. That would mean they have to have and maintain coin counting machines, have wrapping material and equipment, have an employee to maintain and secure the process, etc. They instead depend on companies such as Loomis, LaGuardia, etc. to supply them ( for a fee) with rolls for local companies and banks. My local bank has stopped providing rolled coins except for merchant accounts. Over the years collectors have grown in numbers and caused them more "problems" as some get the box and then return to dump them in the bank and the bank stops all except the real merchants or old time members. It isn't fair for the bank and the owners and their merchants. </p><p> Also watch out for phony reprints of old bank wrappers made to look like those of the very early years of collecting. A few companies imitate them and then run them over rough sandpaper enough to make them "aged" even though the coins have been pre searched. Only buy them from a trusted member or friends/family. </p><p><br /></p><p>Jim[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 24079264, member: 15199"]Most all banks do not roll their own coins. That would mean they have to have and maintain coin counting machines, have wrapping material and equipment, have an employee to maintain and secure the process, etc. They instead depend on companies such as Loomis, LaGuardia, etc. to supply them ( for a fee) with rolls for local companies and banks. My local bank has stopped providing rolled coins except for merchant accounts. Over the years collectors have grown in numbers and caused them more "problems" as some get the box and then return to dump them in the bank and the bank stops all except the real merchants or old time members. It isn't fair for the bank and the owners and their merchants. Also watch out for phony reprints of old bank wrappers made to look like those of the very early years of collecting. A few companies imitate them and then run them over rough sandpaper enough to make them "aged" even though the coins have been pre searched. Only buy them from a trusted member or friends/family. Jim[/QUOTE]
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Is this 1943 steel penny worth grading?
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