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<p>[QUOTE=&quot;bhp3rd, post: 705792, member: 16510&quot;]<b>Now I&#039;ll answer your questions as I&#039;m back on CoinTalk but</b></p><p><br /></p><p><br /></p><p>&nbsp;</p><p>Now I&#039;ll answer your questions as I&#039;m back on CoinTalk but only to help people - that&#039;s all I will comment on.</p><p>&nbsp;</p><p>Banks get coin from third party private sorting companies (Loomas, Brinks etc.) and from customers and other banks.</p><p>If you get a roll from a bank it could contain all BU coins of one year, all different circulated coins from many years or anything in between and I mean anything.</p><p>If you are lucky enough to buy a brick, or $25 sealed box and every roll is the same year on top and BU you are likely to get all one year BU coins.&nbsp; Even in thoses you may run across circ. cents mixed in or not, it just depends.&nbsp; In the sorting rooms they dump what they have into the hopper and start rolling.</p><p>The banks do not buy coin from the mint - they do not even buy them from the Fed for the most part even the Fed outsources all it&#039;s coin to private sorting companies - this was not always the case.&nbsp; Back in the day the Fed got them in $50 bags and often sent the bags to the banks and the banks had their own rolling equipment - now bags of coin are shipped from the mint in multi-ton bags and probably bypass the Fed first and go to third party sorters then to the Fed.&nbsp; (I&#039;m not positive about this step but it would only make since). </p><p>The way it works is 1 of the 12 Fed banks in the country order new coin from the Mint and pay for it.&nbsp; By the way it&#039;s not actually a coin until then, it has to be monitized by this step.&nbsp; Then this Fed sells coin to their banks they service and so on down the line till you are getting change or buying rolls from your bank.</p><p>There is still original bags, boxes and rolls from the 40&#039;s, 50&#039;s and early sixties to date around.&nbsp; Whether they are original or re-rolled (or even a re-sewn bag) is another matter.&nbsp; When a little old man or lady brings me a box or 6, 7 rolls of say 1963-P and they are bank rolls and look original chances are they all will be 1963-P but even then they may contain a few (or many) circ. cents of the day because they did the same thing sorting companies do now they mix what they have, simple as that.</p><p>Key or semi-key date coins for varieties must be suspected to be tampered with the most often - in other words when I see a 1975-P Bag and it looks originally sewn then it probably is - but a 1969-S,&nbsp; that a completly different animal as the motive to have searched it would be much greater than for the 1975-P bag.&nbsp; A single 1969-S DDO-001 (doubled die) is worth upward of $100,000.&nbsp; There is nothing much in a 1975-P bag (that we know of) even worth someones time to go through it.</p><p>I have search mint sewn bags of 1972-P, 1961-P, 1968-P, 1964-P, 1963-P, 1980-P and 1988-P - I have searched rolls of every date since 1940 to date and generally found them to be original, but not all.</p><p>In closing if your grandmother bought a bank wrapped roll of BU 1963 coins they were probably were all BU 1963 but you never know.</p><p>Also we still refere to these rolls as Bank wrapped rolls but they are all (as far as I know) really &quot;third party sorting company&quot; rolls - the last bank wrapped rolls with the name of the bank on them I remember seeing is around the late 1970&#039;s maybe early 1980&#039;s.</p><p>With all this if you still want to pursue these the only way I know to learn is to buy them and crack them open - they can be found at shows and in dealers shops - look for things holding back doors and things.&nbsp; Most dealers I know pay very little if nothing for this type stuff because they would rather spend a night in jail then have to search 5000 1975-P Lincolns but they are around.&nbsp; They often show up at estate sales and auctions.&nbsp; Many people collected these rolls and bags before the 1980&#039;s so take your time some will show up.[/QUOTE]</p><p><br /></p>

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