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The Buffalo Nickel Half-Roll Collection

The elderly gentleman my collector purchased them from in upstate Maine inherited them from his father, an old time coin collector traveled much of the Northern United States as a dry goods and woolen stock salesman.
In different parts of the US, the father would visit local banks as he traveled and would buy rolls and bags of coins to search at a later date. His thinking was the different parts of the country would provide different dates/mints/grades of coins.  What we got was just a fraction of what he bought over the years, but it was all his son had left of his fathers collections that were still in original bank wrappers.    Father passed away in the 1970's  and the son sat on the collection for well over 40 years himself, as he was not a collector and he really did not know what to do with them.  They had sentimental value to him, but nothing else.  As he got older, he decided that he had no need for them, and that is where my collector got to get his hands on them
At the time the father was buying these he was apparently buying these at face value.  Over the years the value has increased as these banks shut down or where purchased by other banks and dissolved and the coin types fell out of circulation. 

My collector purchased them in Canvas bags with various bank names on them in coloration with the rolls within. The bags had 100 and 200 rolls in each... They originally had lead bank seals on them, but of course we had since broken them off and i have no idea where we put them. We probably tossed them i the trash not thinking at the time they are a cool part of the story/history of the hoard.  What my collector sold me is the very last of the collection .... all the rolls and all the bags he had left.


E. W. Clark and Co.  This bank dates back from the 1830's. E. W. Clark & Co. was a banking and financial firm founded in Philadelphia, Pennsylvania, United States, in 1837 by Enoch White Clark. Among its partners were American Civil War financier Jay Cooke and West Philadelphia developer Clarence Howard Clark. The firm merged in 1960 with Janney, Dulles & Battles, Inc., to become Janney, Battles & E.W. Clark, now part of Penn Mutual Life Insurance Company. 

Fifth Avenue Bank of New York. This bank dates back from the 1780's. Bank of New York (now called BNY Mellon) is one of the three oldest banking corporations in the United States, and among the oldest banks in the world, having been established in June 1784 by a group that included American Founding Fathers Aaron Burr and Alexander Hamilton. Mellon had been founded in 1869 by the Mellon family of Pittsburgh, which included Secretary of the Treasury Andrew W. Mellon.

Federal Reserve Bank of Chicago.  This bank dates back to 1914 and is one of twelve regional Reserve Banks that. The Chicago Reserve Bank serves the Seventh Federal Reserve District, which encompasses the northern portions of Illinois and Indiana, southern Wisconsin, the Lower Peninsula of Michigan, and the state of Iowa. In addition to participation in the formulation of monetary policy, each Reserve Bank supervises member banks and bank holding companies, provides financial services to depository institutions and the U.S. government, and monitors economic conditions in its District.

Federal Reserve Bank of San Francisco. This bank dates back to 1914 and is one of twelve regional Reserve Banks that. San Francisco Fed is the federal bank for the twelfth district in the United States. The twelfth district is made up of nine western states—Alaska, Arizona, California, Hawaii, Idaho, Nevada, Oregon, Utah, and Washington—plus the Northern Mariana Islands, American Samoa, and Guam. The San Francisco Fed has branch offices in Los Angeles, Portland, Salt Lake City, and Seattle. It also has a cash processing center in Phoenix.

The Manhattan Company.  This bank dates back from 1799. The Manhattan Company was formed with the ostensible purpose of providing clean water to Lower Manhattan. However, the main interest of the company was not in the supply of water, but rather in becoming a part of the banking industry in New York. At that time, the banking industry was monopolized by Alexander Hamilton's Bank of New York and the New York branch of the First Bank of the United States. Following an epidemic of yellow fever in the city, Aaron Burr founded the company and successfully gained banking privileges through a clause in its charter granted to it by the state that allowed it to use surplus capital for banking transactions. The company raised 2 million dollars, used one hundred thousand dollars for building a water supply system, and used the rest to start the bank. The company apparently did a poor job of supplying water, using hollowed out tree trunks for pipes and digging wells in congested areas where there was the danger of raw sewage mixing with the water. After a multitude of cholera epidemics, a water system was finally established with the construction between 1837 and 1842 of the Croton Aqueduct.

On April 17, 1799, the Manhattan Company appointed a committee "to consider the most proper means of employing the capital of the Company" and elected to open an office of discount and deposit. The "Bank" of the Manhattan Company began business on September 1, 1799, in a house at 40 Wall Street. In 1808, the company sold its waterworks, pocketing 1.9 million dollars, to the city and turned completely to banking. Even so, it identified as a water company as late as 1899. The Company maintained a Water Committee which yearly assured, quite truthfully, that no requests for water service had been denied, and moreover conducted its meetings with a pitcher of the water at hand to ensure quality. It is unclear whether anyone at these meetings actually tasted the water.

The Bank started paying dividends in July 1800, and in 1853, the Manhattan Company became one of the original 52 members of the New York Clearing House Association. In 1923, it moved its headquarters briefly to the Prudence Building and then in 1929 built what was briefly the tallest building in the world at 40 Wall Street on the site of the Gallatin Bank Building. A 1929 merger made Paul Warburg its chairman. The Bank merged with Chase National Bank in 1955 to become Chase Manhattan. In 1996, Chase Manhattan was acquired by Chemical Bank, who retained the Chase name, to form what was then the largest bank holding company in the United States. In December 2000, the bank acquired J.P. Morgan & Co. to form JPMorgan Chase & Co.