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).
- Efficiency
- 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, plastic coin rolls are circulated almost exclusively, as handmade coin rolls are rare. Each roll holds 50 coins. Customers can change bills into coin rolls easily using automatic money changers at Japanese banks.
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 number 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 number.
Video Coin wrapper
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. It is also known as cherry picking. Full rolls are also requested by vendors to make change.
Maps Coin wrapper
Fraud
Bank rolls are vulnerable to a variety of scams, such as rolling slugs of no value or coins of a lesser value. See also coin rolling scams.
Amount in a roll in each country
Australia
Australian coins used to have different ink colors, but now they all have black ink.
Bahamas
The Bahamas has two different kinds of rolls with the same number of coins. One kind is distinguished by color, while the other is adorned with a light blue background with the Flag of the Bahamas. The rolls here are the ones distinguished by color.
Canada
Canadian coin rolls are very similar to American coin rolls, with the exception being that rolls for the half dollar do not exist while rolls for the toonie do.
Denmark
Eurozone
Spain
Three of the rolls used in Spain are different from the ones used in the rest of the eurozone.
Italy
Two of the rolls used in Italy are different from the ones used in the rest of the eurozone.
Honduras
Indonesia
Israel
Japan
Japanese coin rolls are made of plastic and are not color-differentiated. Each roll holds 50 coins.
Romania
Serbia
Singapore
South Korea
Sweden
Switzerland
Taiwan
Ukraine
United States
Each denomination has a different amount found in a roll and are color-coded by denomination. See below:
See also
- Automatic coin wrapper
- Coin rolling scams
- Currency packaging
- Euro starter kits
References
Source of article : Wikipedia
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