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Hayes in a Andrew Johnson String & Son dollar bank roll
Could this be a possible mistake that could be valuable?
I picked up three rolls at the bank today. The teller told me a customer had brought them in. The three rolls have the names of Johnson, Hayes and Garfield. However the Garfield has the reverse of the coin showing on both sides of the roll...so I don't know if there are really Garfield dollars in that roll or not. The Hayes has Hayes dollars and the Johnson has Hayes dollars. Barney |
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Hayes in a Andrew Johnson String & Son dollar bank roll
On May 30, 7:03*pm, Barney wrote:
Could this be a possible mistake that could be valuable? I picked up three rolls at the bank today. *The teller told me a customer had brought them in. The three rolls have the names of Johnson, Hayes and Garfield. *However the Garfield has the reverse of the coin showing on both sides of the roll...so I don't know if there are really Garfield dollars in that roll or not. The Hayes has Hayes dollars and the Johnson has Hayes dollars. Barney Nope, no vacation in the Bahamas for you with that one. Since they're already identified on the wrapping, they're probably all what they say they are. Shotgun wrapped coins end up with four possibilities for the end coins: heads/heads, heads/tails, tails/heads, and tails/ tails. In a random pick of 100 rolls of wrapped coins you're most likely to get 50 rolls with heads showing on one end and tails showing on the other, 25 rolls with heads showing on both ends, and 25 rolls with tails showing on both ends. As for the Hayes dollar in the Johnson roll, chances are a loose Hayes dollar was left in the counter when the Johnsons were poured in. It's just a coincidence that it ended up on the end. Bank wrapped coins are usually wrapped by the armored carriers from Mint bags. Some banks wrap their own, but those aren't as common. Jerry |
#3
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Hayes in a Andrew Johnson String & Son dollar bank roll
Jerry Dennis wrote in
: On May 30, 7:03*pm, Barney wrote: Could this be a possible mistake that could be valuable? I picked up three rolls at the bank today. *The teller told me a custom er had brought them in. The three rolls have the names of Johnson, Hayes and Garfield. *However the Garfield has the reverse of the coin showing on both sides of the roll... so I don't know if there are really Garfield dollars in that roll or not. The Hayes has Hayes dollars and the Johnson has Hayes dollars. Barney Nope, no vacation in the Bahamas for you with that one. Since they're already identified on the wrapping, they're probably all what they say they are. Shotgun wrapped coins end up with four possibilities for the end coins: heads/heads, heads/tails, tails/heads, and tails/ tails. In a random pick of 100 rolls of wrapped coins you're most likely to get 50 rolls with heads showing on one end and tails showing on the other, 25 rolls with heads showing on both ends, and 25 rolls with tails showing on both ends. As for the Hayes dollar in the Johnson roll, chances are a loose Hayes dollar was left in the counter when the Johnsons were poured in. It's just a coincidence that it ended up on the end. Bank wrapped coins are usually wrapped by the armored carriers from Mint bags. Some banks wrap their own, but those aren't as common. Jerry Well, I just opend up the roll named "Johnson" and found in fact all the the dollar coins inside are "Hayes." So what would that mean...and they are all uncirculated. I've picked up lots of new rolls of dollar coins and never seen a roll incorrectly labled before. I'm afraid now the roll is open, anything unusual about it is gone. Barney |
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Hayes in a Andrew Johnson String & Son dollar bank roll
On Jun 1, 4:55*pm, Barney wrote:
Jerry Dennis wrote : On May 30, 7:03*pm, Barney wrote: Could this be a possible mistake that could be valuable? I picked up three rolls at the bank today. *The teller told me a custom er had brought them in. The three rolls have the names of Johnson, Hayes and Garfield. *However *the Garfield has the reverse of the coin showing on both sides of the roll... so I don't know if there are really Garfield dollars in that roll or not. The Hayes has Hayes dollars and the Johnson has Hayes dollars. Barney Nope, no vacation in the Bahamas for you with that one. *Since they're already identified on the wrapping, they're probably all what they say they are. *Shotgun wrapped coins end up with four possibilities for the end coins: *heads/heads, heads/tails, tails/heads, and tails/ tails. *In a random pick of 100 rolls of wrapped coins you're most likely to get 50 rolls with heads showing on one end and tails showing on the other, 25 rolls with heads showing on both ends, and 25 rolls with tails showing on both ends. As for the Hayes dollar in the Johnson roll, chances are a loose Hayes dollar was left in the counter when the Johnsons were poured in. *It's just a coincidence that it ended up on the end. *Bank wrapped coins are usually wrapped by the armored carriers from Mint bags. *Some banks wrap their own, but those aren't as common. Jerry Well, I just opend up the roll named "Johnson" and found in fact all the the dollar coins inside are "Hayes." So what would that mean...and they are all uncirculated. *I've picked up lots of new rolls of dollar coins and never seen a roll incorrectly labled before. I'm afraid now the roll is open, anything unusual about it is gone. Barney *- Hide quoted text - - Show quoted text - A packaging mistake doesn't really bring any premiums. Look at the number of Mint-packaged mint and proof sets with errors. I've seen Statehood Quarter proof sets with one State missing, being replaced by a double of one of the other four. If you're looking for potential profit on Presidential dollar rolls, start getting them now, from Chester A. Arthur to the end of the series. The Mint is only making them for direct sale now since the Federal Reserve has enough stockpiled for consumer use for many years. That is, if we ever get rid of the rag dollar. Jerry |
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