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 Replies: 29 / Views: 43,977 |
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Valued Member
United States
67 Posts |
speaking of the counting machines --what happens to the silver coins that customers put in? Are they rejected into the coin slot? or do they just pass through ? sometimes when I am dumping they remove bags of quarters and since I dont dump quarters I am always tempted to buy that bag LOL
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Pillar of the Community
United States
4333 Posts |
Some coin counters pass the silver out into the reject tray. Some counters pass the silver directly into the collection bag. Depends on the machine.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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Pillar of the Community
United States
1770 Posts |
fist said it right, all depends on the machine I've seen silver in the bags and I've found silver in the reject trays as for best denomininations just do what you like, I've had sucess in all of them, of course there will always be some better than others for example I know a few people that are just so lucky with dimes, as for me I always find 1 a box haha
just enjoy and have fun! remember its not only silver to look for !
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Pillar of the Community
United States
1903 Posts |
My response goes something like this.....
In my experience the order of commonality of silver per $500 searched is in order from most to least is
1) halves
2) nickels
3) dimes
4) quarters
However, the effort to go through $500 of each denomination is not equal.
$500 in halves = 1000 coins
$500 in quarters = 2000 coins
$500 in dimes = 5000 coins
$500 in nickels = 10,000 coins
Nor are the silver values of each denomination equal
As of 2/28/12
90% half = $12.26
40% half = $5.01
90% quarter = $6.13
90% dime = $2.45
35% nickel = $1.90
So with that being said, it would seem to me that the halves win for they give you the highest yield per $500 in coin number found, highest coin value, and least effort per $500
Edited by unholyroller
01/28/2012 12:47 pm
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Rest in Peace
United States
9104 Posts |
Quote:
One of the most common older coins is 1965, which I find odd Not if you understand the squirrel effect. When something new comes out, the generally pubic saves them. It's why the "no cents" nickels are readily available in xf and up, even though their mintage is only a third of the "cents" nickels that came out later in the year. Without it, svdbs would be more like a $2000 coin in good. |
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Pillar of the Community
United States
1903 Posts |
1965 was also a major year for mintage production of all denominations below halves
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Bedrock of the Community
United States
20753 Posts |
For roll or bag or any bulk coin searching, not much beats Nickels. Many people have filled entire collections of Jefferson nickels from those searches. Few really difficult coins in that series. |
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Valued Member
United States
318 Posts |
Every time I open a roll of pennies and find a dime, I figure somebody got cheated 9 cents when they turned in that dime. Has happened approx once every two boxes. I figure that will help make up the difference when I dump my pennies and a few get missed.
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Valued Member
United States
125 Posts |
PENNIES. Silver is really dry. If you want silver go with nickels or dimes. Quarters are not even worth getting, halves are getting there.
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Valued Member
United States
62 Posts |
PocketChangeJunk... I agree, it's really sad though. I wish I could have started years ago (although I was too young to understand this stuff anyways).
I want my kids to be able to do this, but I doubt they'd find any silver in 10 years or whenever I have kids.
I wonder what it would have been like searching 10 years ago :) HAY DAY! I'm guessing anyways :)
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Valued Member
United States
62 Posts |
And yes, I know the price of silver wasn't as high back then, but a gain is a gain :)
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Pillar of the Community
United States
1390 Posts |
You guys are right.... Imagine what it was like in the 70's! Some of the jfk half guys were wondering if anyone hete was roll hunting back then? Anyone gere who was?
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Pillar of the Community
United States
4333 Posts |
Quote:
You guys are right.... Imagine what it was like in the 70's! Some of the jfk half guys were wondering if anyone hete was roll hunting back then? Anyone gere who was? I was, about 1979-81. I've said it once and I'll say it again, I'm finding more silver now than I was back during that period, because everyone and his brother was roll hunting for silver at $50 an oz. When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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Moderator
 United States
189340 Posts |
My roll hunting ran from the late 1980's to the mid 1990's, with the most activity occurring in the early 1990's.
I wish it had even occurred to me when I first started collecting. I do wonder what the silver finds would have been like then, considering it would have started during the peak of the Hunt Brothers scandal and into the price collapse that followed.
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Valued Member
United States
256 Posts |
I'm not so sure roll hunting for silver would have been all that successful years ago. The general population then was much better educated about the end of circulating silver because they lived through it. Plus, we've seen tough times recently in this country and more than ever, people are turning in their parents/grandparents 45 year old caches of coins.
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Replies: 29 / Views: 43,977 |
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First Page
Posted 01/27/2012 7:58 pm
