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Roll Hunting 10, 20, 30, And 40 Years Ago

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 Posted 08/03/2014  2:00 pm Show Profile   Bookmark this topic Add fastgc to your friends list Get a Link to this Message Number of Subscribers
How was roll hunting 10, 20, 30, and 40 years ago? Were there more keepers? Were there a lot of wheat cents, Buffalo nickels, and silver nickels, dimes, quarters, and halfs? How about dollar coins - were there more silver dollars?
Edited by fastgc
08/03/2014 2:02 pm
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ijn1944's Avatar
United States
19254 Posts
 Posted 08/03/2014  2:14 pm  Show Profile   Bookmark this reply Add ijn1944 to your friends list Get a Link to this Reply
It's been my experience that there's a slow decline in 'valuable' keepers. There are random spikes now and then, but it's not the same as it was in the late 60s-70s when more silver could be found, and wheats. Not boat loads of wheats, but more than now. I was mostly going through change back then.

It makes sense when one considers that many classic collectables were minted long. long ago. Consider the 100s of boxes and bags people on this thread report going through each month. Extend that over several years. Much is drying up. But, some spikes appear...someone tossing their hoard back into circulation.
Edited by ijn1944
08/03/2014 2:19 pm
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fistfulladirt's Avatar
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4333 Posts
 Posted 08/03/2014  4:14 pm  Show Profile   Bookmark this reply Add fistfulladirt to your friends list Get a Link to this Reply
Heres my experience, starting about 1979.

First we had the silver run-up, along with a recession in the US.
My father built 28 homes in 1980, and only two in 1981, and then unemployment.
18% interest rates, and the Hunt Brothers sttempting to corner the silver market.
Long lines outside shops with those wanting to sell at $40-50 an oz.

I was a senior in high school and I bought rolls of halves, quarters and dimes.
Finds were slim and none, because everyone was roll hunting.

After the market tanked, over the years, silver trickled back into the vaults and collections got dumped.

I got back in with the price rise about 2007. I will say that boxes of halves for me were not that great, but the customer-rolled held lots of silver. I know of a couple bank managers ordering boxes and keeping the 90% halves, tossing the 40's back. Some of those boxes early on held 50-75% silver, mostly in the form of 40% coin. I switched to dimes about 2010, because halves were just lousy for me, and there were more hunters then than now.

The run up in 2011 made some collectors small fortunes. Price decline and more collections dumped, and silver continues to trickle back into the supply by various means.

I roll hunt today for the cheap thrill of the occasional silver find, and that is the only reason.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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duncanbishop24's Avatar
United States
898 Posts
 Posted 08/03/2014  4:45 pm  Show Profile   Bookmark this reply Add duncanbishop24 to your friends list Get a Link to this Reply
Although things aren't too exciting these days, wheats being rare and such. Just think that someday LMC will be rare to find in a roll among shield cents. A 2009 nickel one day will make a collectors day when he finds it.

Things become more valuable with each passing year.
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837 Posts
 Posted 08/03/2014  5:35 pm  Show Profile   Bookmark this reply Add DaytR to your friends list Get a Link to this Reply

Quote:
I was a senior in high school and I bought rolls of halves, quarters and dimes


Fascinating stuff , come to think of it...that was around the time the movie Porky`s was released did you watch it then ? Back to the subject : were rolls back then wrapped in the same type of paper as they are today ?
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ijn1944's Avatar
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 Posted 08/03/2014  5:46 pm  Show Profile   Bookmark this reply Add ijn1944 to your friends list Get a Link to this Reply
Many banks had their name on the wrappers. Many wrappers were a dull red color, some plain brown. Try a Google image search for 'penny rolls'. Customer wrapped rolls then looked a look a lot like they do today.
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 Posted 08/03/2014  5:46 pm  Show Profile   Bookmark this reply Add shadz to your friends list Get a Link to this Reply
Inflation is so bad, dimes back then were only $3 rolls!
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fistfulladirt's Avatar
United States
4333 Posts
 Posted 08/03/2014  7:19 pm  Show Profile   Bookmark this reply Add fistfulladirt to your friends list Get a Link to this Reply

Quote:
Inflation is so bad, dimes back then were only $3 rolls!
Shadz it's funny you say that - earlier this spring I received several short dime rolls, "$3 in dimes" printed on the side. Very unusual and rare, no joke.

Yes, back in the '70's my rolls had the bank's name printed on the side, "City Bank."
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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1325 Posts
 Posted 08/04/2014  01:54 am  Show Profile   Bookmark this reply Add shadz to your friends list Get a Link to this Reply
I had one once, but had to spend it and sort of wanted to to see the look on someones face. I am still looking of reasons for the change? was it roll length so they are all closer? Was it roll count so it was uniform that a coin beginning with a "1" in denomination had 50 coins per roll and those ending in a "5" had 40 per roll? was it just to have a quick simple way to know the roll size: 50, 40, 50, 40; for the most commonly used coins?

I know I saw a lot more bicentennial quarters in the 80, so things have changed a lot. I could find a mercury per yer back then as well, but now, never see any. Only recently have been hunting, and only got such things in change. It has to be harder now with more people keeping them or the silver being melted, and the billions and billions of new coins made every year.

Recently I have gotten more wheat cents, but That is probably due to getting 2500 cents per box. I would say the ratio of my finding them hasn't really change from decades past, only the volume I search now resulting in finding more.

finding less foreign recently too. Was finding euro cent and 2 cent in pennies boxes an once found a 5 pfennig or something like that, but mostly now it is all US with maybe a few Canadian if I am lucky.

There are just so many more coins that the population density of the coins makes it much harder to find unless you are in an area that has a lot of older coins just sitting around, or sees a lot of foreign coins introduced.
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jbuck's Avatar
United States
190132 Posts
 Posted 08/04/2014  11:32 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Twenty years ago I was finding a lot of silver and a lot of wheat cents. I funded the completion of my Franklin half dollar album by trading in duplicate silver. Good times.
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