Rolled coins, particularly those considered to be old or valuable, can have values exceeding their face value depending on the type of coins they contain and their condition.
For standard U.S. coin rolls:
- Pennies : 50 pennies, face value of $0.50.
- Nickels : 40 nickels, face value of $2.00.
- Dimes : 50 dimes, face value of $5.00.
- Quarters : 40 quarters, face value of $10.00.
- Half Dollars : 20 half dollars, face value of $10.00.
- Dollar Coins:
– Large/Silver Dollars : 20 coins, face value of $20.00.
– Small Dollars (e.g., Sacagawea or Presidential Dollars): 25 coins, face value of $25.00.
- Silver Content: Rolls of coins issued before 1965 (excluding pennies and nickels) contain 90% silver and are typically worth more than their face value. For instance, a roll of 90% silver quarters can be worth approximately $200.
- Specific Coin Types and Dates: Certain types of pennies like Flying Eagle Pennies , Large Cents, and Two Cent Pennies are considered very valuable, even in circulated condition and are usually sold individually rather than in rolls . Likewise, specific types of half dollars like Barber Half Dollars, Seated Liberty Half Dollars, Capped Bust Half Dollars, Draped Bust Half Dollars , and Flowing Hair Half Dollars are also generally not sold in rolls due to their rarity and high value.
- Original Mint or Bank Wrappers: Some collectors are willing to pay a premium for rolls that are still sealed in their original Mint or bank wrappers, [according to the NGC Coin Collectors Chat Boards].
- Errors and Varieties: Rolls that are found to contain rare dates, error coins, or other varieties can also be more valuable.
- Condition of the Coins: The overall condition of the coins within a roll can affect their numismatic value. Rolls containing higher-grade coins are typically worth more.
- Coin Roll Hunting: Many collectors enjoy searching through rolls of coins to find valuable pieces. This is commonly known as coin roll hunting.
- Professional Appraisal: If you believe you may have valuable rolled coins, particularly older rolls, it is recommended to get them professionally appraised to determine their true value before opening or selling them.
- Do Not Clean Coins: Cleaning coins, especially older or valuable ones, can damage their surface and potentially decrease their value.
Will any bank cash rolled coins?
Thanks for asking. Most banks or credit unions will accept rolled coins from customers, but some may charge a fee for the service. Some banks, such as Wells Fargo, will exchange rolled coins for customers without a fee. Wells Fargo says it also offers free coin wrappers.