1955 Bank of The Manhattan Company, Chicago

1955 Bank of The Manhattan Company, Chicago

Sattley Company, New York, Inc.

Bank Wrapped Roll BU Uncirculated Lincoln Wheat Cents

Bank Wrapped Roll 1955 BU/Uncirculated Lincoln Wheat Cents in old, faded light brown wrapper:

"Bank Of The Manhattan Company - 50 PENNIES

Sattley Company of New York, Inc.

Roll has never been opened by me.

As of the time of this listing I have 7 1955 OBW rolls. 4 match this paper and info. The other 3 are similar although lighter brick red colored paper and of the Detroit branch Of The Federal Reserve Bank

Roll is moderately tight. I have done A LOT of research on the topic. OBW Rolls are not supposed to be "hammer" tight. They were wrapped with one purpose - efficiency and usefulness in managing, transporting, and inventorying money (change) back from the 1930s-1970's primarily. They weren't concerned with making them super tight, nor did they have the same level of technology that we have today. Super tight rolls in fact, are actually a red flag. Batdorf rolling machines (the machines that created the "V" in the bank wrap) resulted in a nicely crimped roll but far from tight!

Of course, bank rolls are still used today, but the change within the rolls represented much more buying power 50+ years ago. Pennies were actually useful money then!