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Any Tips Or Tricks For Coin Roll Hunting?

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United States
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 Posted 07/06/2017  10:27 pm  Show Profile   Bookmark this reply Add Luke757 to your friends list
Thanks, Man I will absolutely use the advice.
Edited by Luke757
07/06/2017 10:29 pm
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 Posted 07/07/2017  01:20 am  Show Profile   Check spru's eBay Listings Bookmark this reply Add spru to your friends list


Roll hunting nickels is a good place to start. There is a manageable amount of key dates/mm's to remember (or a very short cheat sheet), keep all silver War Nickels, a few RPMs/OMMs/DDOs/DDRs to look for and, of course, obvious errors just like any other coin.

Plus, they're only $2 a roll instead of $20 and you increase your chances of finding something special two-fold compared to Ikes/large dollar rolls (if you can even get them).

As a bonus, you may end up finding Buffalo nickels mixed in or even Liberty (V) nickels!

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Canada
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 Posted 07/07/2017  02:03 am  Show Profile   Bookmark this reply Add CanadianNumismatist to your friends list
Or you can also choose to coin roll hunt dimes, it is easier to find silver dimes, both Roosevelt and Mercury dimes, than in nickel rolls where the only silver you can find are the War Nickels. Pennies are the cheapest to coin roll hunt, at only 50 cents a roll and there is quite a bit of copper pennies in penny rolls. You may also occasionally find a Wheat penny or if you are lucky maybe even an Indian Head penny!
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 Posted 07/07/2017  05:06 am  Show Profile   Bookmark this reply Add John1 to your friends list
IMHO, 20x loupe is too much. A 10x for general viewing and a 12 or 14x for error/variety searching. It does not matter if you zero in one cents,nickels or what ever. The minting process is the same. Am RPM on a cent or nickel or dime is still a RPM. A doubled die is the same on a cent,nickel or dime etc. Learn the minting process.
John1
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 Posted 07/07/2017  11:05 am  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
When I learn some stuff I will absolute buy ... Eisenhower Coins.
A wise choice!
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 Posted 07/07/2017  11:47 am  Show Profile   Bookmark this reply Add Illegaltender to your friends list
, do all this!

Now for what you shouldn't do: Don't dump coins where you got them and only count the rolls you get, not the coins. The tellers are doing you a favor, and will quit giving favors if people are rude, tacky, or take too much time.
Good luck!
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United States
338 Posts
 Posted 07/08/2017  10:44 am  Show Profile   Bookmark this reply Add man2004 to your friends list
I hunted a box of quarters for the first time recently. I only found one silver. But, I was impressed by the variety of reverse designs and all of the possible errors.
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 Posted 07/08/2017  11:25 am  Show Profile   Bookmark this reply Add RoyCoinBoy to your friends list
Hey John1, could you post pictures of some magnified coins at 14x?
I bought something that claims to be 30x and 60x but I have a feeling it's lying.
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 Posted 07/08/2017  12:58 pm  Show Profile   Bookmark this reply Add n9jig to your friends list
A couple other hints: Heed the advice above about not dumping where you receive. Also, take whatever the tellers offer you. If you ask for a box of pennies take what they give you with a smile. If they have a bunch of junk stuff they want to get rid of take it off their hands, you can dump it later.

My local grocery saves me their junk coins for me and often they have a bunch of clad halves or golden dollars they prefer to dispose of. Even though I don't really want them, I take them because I am helping them and they like that. In return they remember me with the occasional silver, foreign and other neat stuff that makes it through their cashiers.
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 Posted 07/08/2017  6:41 pm  Show Profile   Bookmark this reply Add Mark1959 to your friends list
AND: Patience, Patience, sometimes you find some good keepers, sometimes you search 20 rolls and get nothing. Persistence pays off in the long run!
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 Posted 07/11/2017  10:44 am  Show Profile   Bookmark this reply Add CC79 to your friends list
After looking at all the post it gave me some real good ideas....
I am new at collecting coins and now I know some of the things to look for and I love to get rolls of pennies so now I can and have an idea what to look for...
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 Posted 07/11/2017  11:43 am  Show Profile   Bookmark this reply Add Finn235 to your friends list
First and foremost, roll hunting is a pastime and hobby, NOT a get rich quick scheme! The occasional big score will come with patience and perseverance, but it will never be more than icing on the cake to the hours you enjoy flipping through the coins. If it's no longer fun, stop!

I'll echo that nickels are great for beginners. They are cheap enough to not make a serious dent in your bank account, and they have nearly a 100% chance of coughing up at least one coin from the 50s or earlier. I amassed nearly a thousand older nickels, and I have less than $50 tied up in them.
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 Posted 07/11/2017  11:48 am  Show Profile   Bookmark this reply Add Luke757 to your friends list
Thanks
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 Posted 07/11/2017  1:38 pm  Show Profile   Bookmark this reply Add JonNickelCollector to your friends list
Nickels and pennies will give you better find rates than dimes. Quarters are the lowest find rate. My son and I have never done halves or dollars so I can't comment on those.
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 Posted 07/11/2017  11:01 pm  Show Profile   Bookmark this reply Add n9jig to your friends list
Coin Roll Hunting can be done for a couple reasons, the main ones being simple metal searches and looking for specific dates and errors/varieties.

For metal searching (usually silver dimes, quarters and halves or copper pennies) the search is pretty simple. Silver can be found with a simple edge view and pennies are done by date. Nickels haven't changed composition since the last century except for a few years during WW2 so nickel searching is more looking for older dates and pre-38 Buffalo or Liberty nickels.

Pennies usually saved are Pre-1959 Wheats or Pre-1983 coppers. (1982 were made in both copper and zinc).

Dollar coins are rarely searched due to the lack of precious metal content in small dollars. Some people look for varieties or NIFC's. Large dollars are rarely seen at all and most of us hoard them regardless, even though circulated Ikes are not worth anything over face for the most part they are kept by most of us. Of course any dollar coin predating Ikes are worth at least their weight in silver.

What you want to save from roll hunting is up to you. Personally I don't do a ton of roll hunting any more, and when I do it is a box of pennies or nickels here and there and the occasional few rolls of halves. I will save any half containing silver, any NIFC half in decent condition and of course any of the occasional commemoratives that make it into a roll. Quarters and dimes I save any 64 or earlier and most of the 76 dated ones (only because I like them). I tend to save any pennies from 1982 and earlier due to copper content, I even save the Zinc 82's for the heck of it. I also save any 2009 or any "S" mint marked coins I come across just because I don't see them often.

Halves are kind of a special breed. Find rates can be high at times then you may see a prolonged dry spell. The biggest problems are that they usually have to be special ordered from your source since they are rarely kept in stock. Then you have to dump them someplace. Small quantities can be spent or CoinStar'ed but larger (full box) quantities can be hard to dump absent a cooperative bank or currency exchange. It is not unusual to get entire boxes of dumped coins from other collectors and many of us have gotten their own dumps back.

Dumping more common coins (pennies, nickels, dimes and quarters) is usually pretty easy but be sure not to overwhelm your dump locations. Spread the wealth if you can.

As others have said, don't expect to make a profit. The silver rates are so small these days that you will spend much more on time, gas and hand soap than you will make with the occasional silver find. Generating hoards is pretty simple with pennies and nickels and the find rates for these tend to be a lot higher. I have had over 10% to 15% keeper rates on pennies and close to 10% on nickels over the years. The few boxes of "silver" that I have searched have been pretty slim. I tend to be a lot more successful with checking my change and CoinStar machines.

As far as dumping in CoinStars, remember there is a close to 10% fee for cash return. You can get full return if you take it in gift cards. I usually take it in Apple iTunes gift cards since I use that for buying movies, TV shows, apps and music. There are other gift card choices, check them out and if they meet your needs it is a pretty easy way to dump.

My credit union had a coin machine and I used to use it before I moved away. My current bank will take some coin but they don't take large amounts from individual customers. Most banks have done away with customer accessible coin machines, if you find one start a small account at that bank so you can use it.

Remember the golden rule: "Don't dump where you eat". There is nothing more rude than dumping a box worth of coins and asking for a new one. Banks are under no obligation to provide or accept coins, even if you have an account. Be nice, polite and thankful when they do and when they don't. Most of the time if you get friendly with a specific teller (or better yet the teller supervisor) they can set up a regular order for boxed or bagged coin. Remember to bring a box of donuts or something once in a while to let them know you appreciate it. They remember things like that and will often save unusual coins for you. I had a head teller give me a Morgan dollar she found and saved for me for 3 weeks because I brought her crew a box of coffee and a dozen donuts a couple months before.

One more thing: Marking searched coins is very controversial. While it can help determine if the coins have been searched it also ticks off a lot of collectors as it basically is defacing thr coin. While it may not have any value now it might in the future but that future value is now ruined when marked. If you return coins rolled you can make a mark on the roll itself without defacing the coin. I do not recommend marking searched coins.
Edited by n9jig
07/11/2017 11:03 pm
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