A coin wrapper, sometimes know as a bank roll or roll is a paper or plastic container for a number of coins. In the United States, empty rolls are available free at most banks in every denomination (though it is becoming increasingly difficult for half dollar and dollar to be readily made available). The rolls come flat and one side will have to be folded to allow for coins to be placed inside. When the roll is full, the top side will need to be folded. Typically, the full rolls are brought back to the banks in exchange for currency or to be deposited.
In the Eurozone, you also find empty plastic rolls at the banks in every denomination, with five-coin staggered rows. Their main advantages are :
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Often, coin collectors will ask for full rolls from the bank to search the contents in hopes of finding an interesting piece. Some collectors also save coins of bullion value, such as copper pennies and silver half-dollars. This practice is called coin roll hunting. Full rolls are also requested by vendors to make change.
Bank rolls are vulnerable to a variety of scams, such as rolling slugs of no value or coins of a lesser value. http://www.recordonline.com/apps/pbcs.dll/article?AID=/20090722/NEWS/907229991. See coin rolling scams.
Each denomination has a different amount found in a roll and are color coded by denomination. See below:
Color | Denomination | Count | Total Value | |
---|---|---|---|---|
White | 1c | 50 | €0.50 | |
Gray | 2c | 50 | €1.00 | |
Red | 5c | 50 | €2.50 | |
Blue | 10c | 40 | €4.00 | |
Orange | 20c | 40 | €8.00 | |
Green | 50c | 40 | €20.00 | |
Yellow | €1 | 25 | €25.00 | |
Purple | €2 | 25 | €50.00 |
In the United Kingdom, coin rolls are not used, instead small plastic bags are provided free of charge at banks which are filled by the customer with the appropriate amount of the same value coin as printed on the bag. When depositing or changing, the bags are weighed at the bank to check they contain the right amount. [1]