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Treasure Hunter Forum > Misc Collectables > Coins & Coin Roll Forum > BEGINERS EXPLANATIONS FOR COIN ROLL HUNTING!

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BEGINERS EXPLANATIONS FOR COIN ROLL HUNTING!
 Moderated by: Goes4ever  

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Goes4ever
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#1  Posted: Wed Sep 24th, 2008 12:30 pm

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ok here is a feature length explanation. first off, it is very helpful to go to a bank that you have an account with or know the teller, they are much happier that way.
 
Second, a roll of cents is 50 cents, nickles is $2, dimes is $5, quarters and halves are $10. I sort mainly the halves.
 
 HALVES- first go to a bank and ask if they have any half dollars, they will usually say either no, or they will say we have a couple dollars in loose halves (halves their coin tray) or they might also say they have a bunch in the vault. tell them you will buy them all. They will either give you rolls of halves or loose ones, buy them all. when searching in halves, look for anything dated pre 1971, (those are silver) 1965-1970 are 40% silver and everything before that is 90% silver. keep an eye out for franklins, walkers, and any other non kennedy halves. also look for anything with an S mintmark, proof coins can be very lucrative. Half dollars produce the most finds or keepers as some people like to call them.
 
If they run out of halves at the banks try ordering a box, its $500 (1,000 halves) and contains 50 rolls. you can get very lucky with boxes or you could get skunked. either way they are a lot of fun. most tellers at banks will have many rolls of quarters, dimes, nickels, and pennies.
 
QUARTERS- you can try doing quarters,  however they produce the least out of any other coin denomination (anything pre 1965). if you do collect errors though, do quarters and keep an eye out for rotated state quarters.
 
DIMES- if no halves are available and you want silver try some dimes. dimes produce more silver than quarters but less than halves. keep an eye out for silver dimes(pre 1965) and mercs. dimes can be a lot of fun and if you find a merc (I never found several) in my experience I can get about 1 silver dime for every ~20 rolls. halves are still much better.
 
NICKELS- nickels are also fun to try. i save all pre 1960 nickels, but some people save anything before 1956. keep an eye out for buffalos because they are still being found! nickels are large, not that expensive and very fun to search even though the profit is generally not the greatest. if you like errors look out for the speared bison on the 2005 bison nickel. they can be worth a good chunk of money.
 
PENNIES- pennies are really great. very inexpensive and a full box (50 rolls) is only 25 bucks. with pennies save all wheaties (pre 1959) and anything else you think is interesting. wheats can be found sometimes every roll or every couple rolls depending on your luck. keep a watch out for errors! several recent reports have shown me that an indian head cent can even be found after going through loads of pennies or if your extremely lucky, but dont count on it. some people take their coins to a coin counter or sorter at a bank (or coinstar but that charges) to get rid of the change. 
  
 OTHER- always ask for large size dollar coins!!! Normally you will find Ike's some people even find peace dollars and morgans!!! also keep an eye out for old bills,
 
 look out for 1974 double die halves! EXTRA TIPS- -when searching dimes only check the rims, its much faster and keep a close look for dirty silver rims. - when searching all other coins check the dates also.many errors and varieties are still in circulation! -proofs: although proofs have a larger rim (usually if un worn) it is still better to check the dates on all the coins and not just the rims when searching half dollars. many proofs can still be found in BU condition that can be worth good money. coin roll hunting can be lots of fun a yield a large profit, I hope this little description helps! have fun and I highly recommend it! question or comments just PM me. good luck an happy hunting!
 
UPDATES- save all pennies minted on 1982 and earlier, these are made of mostly copper and for the metal value can be worth around 2 cents or more a piece! save all 1942-1945 nickels, they are war time nickels from world war 2 and are made of 35% silver. mintmark is on the reverse above the building. save all 1987P and D half dollars. they were only made for mint sets. also, all half dollars dated after 2001 were not made for circulation and are worth keeping. you might want to try searching through the smaller dollar coins too.think, if people break upon proof sets to spend the halves they must spend the dollars too.i have heard from a friend who once tried searching mixed sacagewea and susan b anthony small size dollars. i think he said he found a proof anthony once. not worth to much but still fun! coin roll hunting is also a great way to fill up coin folders for collection!

Floridabill
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#2  Posted: Thu Sep 25th, 2008 02:54 am

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very interesting thanks for posting that I have always wondered about that hearing about guys doing it...

Goes4ever
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#3  Posted: Tue Sep 30th, 2008 01:53 pm

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we need this post to stay stuck to the top of the CRH section, it is meant to be up there for beginers to read and learn about this hobby.

I had it stuck but someone un-stuck it ??

nexus777
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#4  Posted: Mon Dec 8th, 2008 07:23 pm

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Thanks for coin roll post...i at one time collected U.S. stamps and would buy "Grab Bags" from a local coin & stamp store for a dollar a bag, each bag had about 100 or more used stamps in it....found alot of keepers...two of my best finds were #63 Franklin and #73 Jackson. 

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Goes4ever
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#5  Posted: Mon Dec 8th, 2008 07:27 pm

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I know zilch about stamps, what are those worth?

nexus777
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#6  Posted: Mon Dec 8th, 2008 08:30 pm

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Last time i checked...years ago the #63 Franklin is from 1861 & is worth $5 to $10..the #73 Jackson is from 1863 and is worth $25.00 to $35.00...i'm sure the prices have gone up.

TreasureFiend
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#7  Posted: Sun Jan 4th, 2009 03:49 am

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I figured that this website  would help people to get an Idea on the value of their finds, Its a silver coin calculator - enjoy.

http://www.coinflation.com/coins/silver_coin_calculator.html

 

Last edited on Sun Jan 4th, 2009 03:54 am by TreasureFiend


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Treasure Hunter Forum > Misc Collectables > Coins & Coin Roll Forum > BEGINERS EXPLANATIONS FOR COIN ROLL HUNTING!


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