Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
The Morgan Roll Guy...How Does He Get The Toning?
>
Reply to Thread
Message:
<p>[QUOTE="GDJMSP, post: 2182688, member: 112"]As I mentioned earlier in this thread, how exactly does one define an "unsearched, original roll" ?</p><p><br /></p><p>You see that's the whole thing in a nutshell. Many people have this idea that an "unsearched, original roll" means the roll contains, at the least, uncirculated and thus MS quality coins. The words unsearched, original roll conjure up images in their mind that the coins were taken from previously sealed mint bags of coins and put into these rolls, and then kept there for many decades with the rolls never having been opened. But they don't stop to think about what actually goes on in a bank, nor do they consider the possible, and very probable, time line I described in previous posts.</p><p><br /></p><p>You see while it is possible that a roll could contain uncirculated coins, and only uncirculated coins, it is not probable that it would. That is because in a bank, they don't care what kind of coins go into a roll, they only care that the count is right. To them, the bank, a well worn Morgan is exactly the same as an uncirculated Morgan - they are both the same, a dollar, just like any other dollar. So when the bank decided that coins needed to be rolled up, they just grabbed loose coins, any loose coins, worn and uncirculated, they had in the bank and rolled them up. <u>And at that point that roll became an unsearched and original roll. Even though it contained circulated coins. And it would stay an unsearched and original roll forever how many years it was left in that condition.</u></p><p><u><br /></u></p><p>So to claim that it was <u>clearly not</u> an unsearched and original roll, would simply not be true. For by definition it very easily could be.</p><p><br /></p><p>And that's the problem, people don't know what an unsearched and original roll even is. They only think they do.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 2182688, member: 112"]As I mentioned earlier in this thread, how exactly does one define an "unsearched, original roll" ? You see that's the whole thing in a nutshell. Many people have this idea that an "unsearched, original roll" means the roll contains, at the least, uncirculated and thus MS quality coins. The words unsearched, original roll conjure up images in their mind that the coins were taken from previously sealed mint bags of coins and put into these rolls, and then kept there for many decades with the rolls never having been opened. But they don't stop to think about what actually goes on in a bank, nor do they consider the possible, and very probable, time line I described in previous posts. You see while it is possible that a roll could contain uncirculated coins, and only uncirculated coins, it is not probable that it would. That is because in a bank, they don't care what kind of coins go into a roll, they only care that the count is right. To them, the bank, a well worn Morgan is exactly the same as an uncirculated Morgan - they are both the same, a dollar, just like any other dollar. So when the bank decided that coins needed to be rolled up, they just grabbed loose coins, any loose coins, worn and uncirculated, they had in the bank and rolled them up. [U]And at that point that roll became an unsearched and original roll. Even though it contained circulated coins. And it would stay an unsearched and original roll forever how many years it was left in that condition. [/U] So to claim that it was [U]clearly not[/U] an unsearched and original roll, would simply not be true. For by definition it very easily could be. And that's the problem, people don't know what an unsearched and original roll even is. They only think they do.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
The Morgan Roll Guy...How Does He Get The Toning?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...