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Replies: 15 / Views: 1,599 |
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Valued Member
United States
88 Posts |
I am curious as to how much time everyone spends looking at each coin to determine if it a keeper? How many look for the possiblity of new errors? How many look for only the errors known? When searching, sometimes I wonder if it is worth spending to much time on one coin. What say you?
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Valued Member
United States
242 Posts |
I'm new here so I may be wrong but I assume you mean coin roll hunting? Ive learned here that its really about what you prefer vsus trying to make a buck. I myself for CRH I like to collect the copper pennies because I think its cool their worth more then face. Dont have the same favor on nickle. I save silver. I collect 'coolness' which is my personal thing like: Neat/interesting damage. (I have a penny with an acid stain that looks like Lincoln is wearing a cardigan lol.) High quality for their year though I dont flip these. Super high quality I flip. Few others by feel. I'm doing a State Quarters collection, roll of each circulated just because I want to. Except for maybe one or two of the high qualities I would imagine nothing I collect is 'worth' my time really except for the fact that I am on perminent disabilty so all I have is free time lol so my free time is actually worth almost nothing. :P As for the time I spend, its fairly fast on somethings. Run down the sides of a roll of quarters or dimes first then seperate out the statehoods looking for exceptional nice ones. Check for really old, (Guess thats another I collect, old for their type, like the wheat pennies or 50s and 60s in some of the others.) All and all I go pretty fast but then when something either tickles my fancy or is right on the edge I spend a little longer. Some of its my mood. As I get tired I spend less time being more stringent in my saves. Then when I am done with a denomination I go back over everything I saved and reassess. Like this last time I came out with way too many 'high quality' 2010+ pennies so I I cut my saves in half and saved the top 50%. So for me its not tooo long, but I enjoy it so its time well spent. If I find it getting to 'grindy' (gamer term for your hobby turning into a daily grind) I take a break and do something else. Doubt that answers your question or answers it too much but it seemed like an opinion question anyway. :D
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Valued Member
 United States
88 Posts |
I just love your answer and find common traits. I am unemployed and have to much time on my hands and found search coins is a good release. Though I get out there to look for job openings no one is hiring (to often letting employees go).
I like the prospect of keeping coppers and feel rewarded when I find them in rolls. I am a 'grindy' too! I get excited when I bring new rolls home and if I have to wait in a line I am sitting there going through one of my rolls. lol Some times I wonder if I am not doing all I can or missing something, thats why I started this 'survey'. There are a few things you brought up, like 'Super high quality I flip' I am gonna start doing. Appreciate your thoughts and thanks for more ideas I can use!
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Valued Member
United States
242 Posts |
Thanks for the apreciation, sometimes I feel intimidated around here posting because so many people know so much more then me lol. But its so much nicer then every other forum I've been on and I've probably been on over 100 in the 22 or so years I've been using the internet.
Oh and as for 'flipping' seems the term is used in other parts of the forum to mean buying and reselling, I was refering to putting in coin flips hehe. 2x2ing just doesn't do it for me lol. Maybe there's another term for it hehe.
Yeah. I like to 2x2 the ones that are really nice figuring right now I have the space and 20 years from now they might be worth something. :)
Oh and also as for mechanics. Years ago for another project I bought 1000 (3 zeros) 3x4inch ziplock (not the brand though) zipper bags. I use them for sorting the coins that I like but I dont have a ton of. So like I have a bag for my wheats, one for 'cool', 'candada', 'toned', etc, some 20+ bags for my tastes. They are big enough that they store a few and small enough you can have 20+ bags in a small area and use them kind of as like resealable storage cups. Plus forward thinking I figure if I fill one that means I've got enough to make some kind of collection and I can start going through them again an seeing if I wanna return some or store them away or whatever.
Half my fun is going through stuff a few times and refining my decisions. I collect by feel and instinct to taste so its like I am 'honing' my own 'senses' for what I like. I went through the stack of 2010+ 'proofish' and realized a good 1/3rd of them had typical wear and tear I didnt see when I was going through them the first round. So I just tossed them.
Also I bought myself a label maker becaue my handwriting is horrendous (brain disfunction from childhood) and I labeled the bags as well as will be using it to label my 2x2s. Labels look so much nicer on the bags then using the sharpies. I'm converting my old system and am really glad I got it.
Part of it is cost too. Is it really worth spending a 2x2 plus 3 staples on a 1 penny coin? 5cent? 25? Dollar? etc..
But then again I like to collect the british pennies from the late 1800s early 1900s and some of them are probably worth less then the snap cases I put them in but I like the feel of them in the case so the case adds value to the coin even though the case is worth more then the coin.
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Valued Member
494 Posts |
CRH'ing ...after asking this question before and getting a lot of great ideas my "system" goes like this: I have a desk dedicated to Numismatics because the old lady wanted her kitchen table back. I use a 100watt bulb inside an architect's lamp with the springs and hinges to light my space. Have a laptop in front of me, but don't usually use it until I'm at a stopping point and feel like looking stuff up. I'll use pennies for this example - open the roll neatly in a horizontal line (the way they come out of the tube) and start from the left. Copper goes under (closest to me), uninteresting/damaged/spotted/not perfect zincolncs go to the left, BU/Interesting/big$ variety years go above. I look at each one for about 5 seconds for the obverse and reverse regardless of the condition (heck, a 1992 Close AM in AG condition is still going to be worth some big bucks) if I see something it goes in its spot until I'm done with the roll, unless its clearly a doubled die, than I usually stop to ID it and/or brag on the forums. I use a 14X Bausch and Lomb loupe and scan in this order - Date, Liberty, Ear, IGWT, around the rim, and on the obverse scan Lincoln's statue, memorial bays, EPU, USoFA, and CE than around the rim. When I'm done I toss the "interesting yet questionables" into a pill bottle, warn dies, slightly off centers, cuds/cracks/laminations, all 1983's and 1982's, 2009's, Wheats and canadians in their own pill bottles. The BU's (zinc and copper) go into a crown royal pouch with sealed desiccant containers (the kind you get in certain medications- I get mine from cingulair) Coppers go into my coffe can, and the crap zincolns into the nestle quick strawberry milk container. Sometimes I have some unidentified ones laying around that I'll get to one day. I went from keeping everything to keeping only what interests me/easily sold on ebay - these forums helped me hone my eyes and form my taste for what I collect. I actually went through some stuff I holdered early on and found that I had seen hundreds of that "special" coin since than. Here's a pic of my current setup....  edited to include: I look at every coin, unless I'm tired or just looking for wheats, but that's probably 2% of the time - the rest is spent looking at each one for about 10 seconds - sometimes more, sometimes less.
Edited by Lonz 09/12/2012 3:48 pm
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Pillar of the Community
United Kingdom
4208 Posts |
I dont roll hunt - It doesn't happy in the UK, too difficult, no silver (unless you magically get a 3p bag..). I do, however, look at change whenever I get any, and sift out interesting stuff. Theres some 'rare' stuff floating about in the UK change - mostly 50ps and £2. However, there are some rare issues, like the 1972 penny. only worth less than £5, but still.
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Pillar of the Community
United States
1064 Posts |
Great thread, always interesting to see how other folks get their collectibles. I don't roll-hunt anymore myself, too hard to read those little dates! 
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Pillar of the Community
United States
8516 Posts |
My coffee can for coppers is a 5 gallon bucket and I had to get another one.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Pillar of the Community
United States
4333 Posts |
I'm a silver hunter first, proof and errors second. I like nothing better than to sit down with 4 or 5 boxes or $1,500 to $2K in dimes at a pop. I can breeze through $1,000 in machine wrapped dimes in an hour or two. I don't put a whole lot of effort in, but I may go through $30K-$40K a year. Not bad as I usually get 300-400 silvers and extras.
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
1064 Posts |
Lonz, like your setup pic! What do you use the needle-nose pliers for, straightening out slightly bent collectibles? 
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Valued Member
United States
242 Posts |
Quote: @Lonz: Date, Liberty, Ear, IGWT, around the rim, and on the obverse scan Lincoln's statue, memorial bays, EPU, USoFA, and CE than around the rim. Heh. Guess someday I'll have to decifer what half this stuff means lol.  Quote: @fistfulladirt: I'm a silver hunter first, proof and errors second. I like nothing better than to sit down with 4 or 5 boxes or $1,500 to $2K in dimes at a pop. I can breeze through $1,000 in machine wrapped dimes in an hour or two. I don't put a whole lot of effort in, but I may go through $30K-$40K a year. Not bad as I usually get 300-400 silvers and extras. Heh. Thats depressing. I'm excited I can do 100$s mixed every other week lol and thats only because I've done it twice! You dont do quarters for silvers? Less chance of them now a days?
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Pillar of the Community
United States
4333 Posts |
Quote: You dont do quarters for silvers? Less chance of them now a days? No less of a chance than we had 30 years ago. I do quarters on occasion. Halves bore me. Dimes give up much more variety as in Barbers, mercurys, Canadian, other foreigns, etc. I also like quantity over quality in coin hunting.
When I listen to LED ZEPPELIN...so do my neighbors... Roll hunting since '77 Dirt fishing since '72
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Valued Member
494 Posts |
haha... good eye JackB! .... use for flattening out my staples on the 2X2's ... too cheap to get one of those with the flat stapling function..
You'll get there Schwanke!
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Valued Member
 United States
88 Posts |
Shwanke Where did you get this size bags? "I bought 1000 (3 zeros) 3x4inch ziplock" I use my 2x2 only for my pre 80's coin that have shiney copper. I like your set up to Lonz. I have taken the over the coffee table in the living room. Have the divider tray for coins, dvr going, magnifing lamp on, phone at hand and comfy couch and am set for 3 hrs...My happy spot!!
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Valued Member
United States
242 Posts |
Hehe thanks Lonz. Micro I got them off ebay. I think you just search for ziplock. This is the dealer I used last though you might get cheaper elsewhere I havnt looked in years since I had so many and I find that one size to cover most everything I need. http://myworld.ebay.com/haworth57/Btw, he aparently now has airtites and what not too lol. I wasnt in to coins then and he didnt have em then hehe. Was all ziplocks. LOTS of different sizes of ziplocks and back then there were sample packs of like 100 of his best sellers. I got one of those and then bought 500 or 1000 of the ones I found the most useful.
Edited by Schwanke 09/13/2012 09:04 am
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Valued Member
 United States
88 Posts |
Thanks Schwanke for the site I am gonna check em out..
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Replies: 15 / Views: 1,599 |
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