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Coin-rolling related scams are a collection of scams involving coin wrappers (rolls of coins). The scammer will roll coins of lesser value or slugs of no value, or less than the correct number of coins in a roll, then exchange them at a bank or retail outlet for cash. To prevent these problems, many banks will require people turning in coins to ...
In 2017, coin hunter Megan Green went to a local bank, got 50 rolls of pennies and found a 1969-S Doubled Die Obverse — a rare coin that was worth $24,000, according to Coin World and CNBC ...
As CNBC’s Make It reported, in 2017, newbie hunter Megan Green lucked out after months of coin roll searching, uncovering a 1969-S Doubled Die Obverse penny which could have sold for $75,000 or ...
In Australia, coin roll hunting is often referred to as "noodling" and coin roll hunters often withdraw or exchange 50 cents, 1 dollar or 2 dollar coins as they have the most variety and $1 and $2 coins may consist of coloured coins. Australia's coin roll hunting usually consists of newer coins of 1966 or later as Australia decimalised its ...
Coin roll hunting as well as visiting yard sales, antique shops and estate sales are common methods for locating rare coins. Auctions, both online and in-person, are also fruitful places to look.
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. The Royal Canadian Mint uses check weighers to verify the number of coins per roll. [9]