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The Complete Handbook of Paper Coin Wrappers & Bill Straps

A Professional's Guide to Selection, Use, and Maintenance of Paper Coin Wrappers & Bill Straps

by Alumigogo Books

Chapter 1: Understanding Paper Coin Wrappers & Bill Straps

Cash handling is a discipline of small, precise movements. A cashier counts a till, a teller verifies a deposit, an armored car courier balances a shipment. At the end of these processes, in virtually every retail and financial environment, there is a moment where loose coins and bills must be transformed into something stable, countable, and transferable. That transformation is performed by the paper coin wrapper and the bill strap. These are not glamorous products, nor are they complex. However, the difference between a properly filled wrapper and a poorly made one is the difference between a smooth end-of-day count and a jammed sorter that ties up a lane for forty minutes while a line of customers waits.

A paper coin wrapper is, in its most basic form, a strip of paper formed into a tube. One end is closed, either by folding or by the interlocking of a pre-cut crimp, and it has a specific internal diameter designed to hold a precise number of standard coins of a single denomination. When filled, the open end is closed in the same manner as the bottom. The result is a cylinder of paper that holds, for example, exactly fifty US pennies, forty US nickels, fifty US dimes, or twenty US quarters. The wrapper's face is almost always printed with the denomination, often with a color-coding scheme that is deeply embedded in banking convention: red for pennies, blue for nickels, orange for quarters,

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