Coin wrapper

A roll of 25 U.S. dollars

A coin wrapper, sometimes known 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, empty plastic rolls are used at banks in every denomination, with five-coin staggered rows. Their main advantages are:

Reliability
Their five-coin staggered rows and transparency make quick verification of contents possible.
Certainty
They provide a high degree of certainty (transparency, reliable and legible contents).
Cost effective 
The high certainty means less time spent processing coins, while the solidity and two-way closure system increase the number of times the coin roll can be used, effectively reducing its overall cost.

In Japan, machine-wrapped coin rolls with plastic container are circulated exclusively, handmade coin rolls are rare. All rolls contains 50 coins. Customers can change bills into coin rolls easily by automatic money changer at Japanese banks.

Searching rolls

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 cents and silver half-dollars. This practice is called coin roll hunting. Full rolls are also requested by vendors to make change.

Fraud

Bank rolls are vulnerable to a variety of scams, such as rolling slugs of no value or coins of a lesser value.[1] See also coin rolling scams.

Amount in a roll in the United States

A roll of 40 nickels worth $2
A pile of coin wrappers

Each denomination has a different amount found in a roll and are color-coded by denomination. See below:

Color Name Denomination Count Total Value Weight (g) Notes
  Red Cent 50 $0.50 126
Blue Nickel 40 $2.00 199 (in the past, sometimes found in 20 coin, $1.00, half-rolls)
Green Dime 10¢ 50 $5.00 113 (in the past, sometimes found in 30 coin, $3.00 rolls)
Orange Quarter 25¢ 40 $10.00 226 (in the past, sometimes found in 20 coin, $5.00, half-rolls)
Tan (sometimes brown or yellow) Half 50¢ 20 $10.00 227 (sometimes found in 40 coin, $20.00, full-rolls that are closer in size to other denominations rolls)
Grey Small Dollar $1.00 25 $25.00 203
White Large Dollar $1.00 20 $20.00 - obsolete (in the past, sometimes found in 10 coin, $10.00, half-rolls)
N/A Quarter Eagle $2.50 40 $100.00 - obsolete
N/A Half Eagle $5.00 40 $200.00 - obsolete
N/A Eagle $10.00 50 $500.00 - obsolete
N/A Double Eagle $20.00 25 $500.00 - obsolete

Amount in a roll in the Eurozone

Coin rolls in Spain
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

3 rolls differ in Spain

Color Denomination Count (Spain) Total Value (Spain)
Blue 10c 50 €5.00
Orange 20c 25 €5.00
Green 50c 25 €12.50

Amount in a roll in Japan

Coin rolls in Japan

Japanese coin rolls are made by plastics, without denomination color-code.

Color Denomination Count Total Value Distinguish method
N/A ¥1 50 ¥50 silver color (aluminum) with smooth edge
¥5 50 ¥250 brass color with smooth edge, holed coin
¥10 50 ¥500 bronze color
¥50 50 ¥2,500 silver color (cupronickel) with reeded edge, holed coin
¥100 50 ¥5,000 silver color (cupronickel) with reeded edge
¥500 50 ¥25,000 brass color (nickel-brass) with slantingly reeded edge

Coin bags

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.

See also

References

  1. Medenbach, Deborah (July 22, 2009). "Penny Scam Yields Dime Profits in New Paltz". Times Herald-Record. Retrieved 18 July 2012.
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