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Coin Roll Hunting: A Beginner's Guide

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 Posted 05/16/2015  12:20 am Show Profile   Bookmark this topic Add Harmonica to your friends list Get a Link to this Message Number of Subscribers
Coin Roll Hunting

This is a beginner's guide to the hobby of coin roll hunting, here forth known as "CRH". This guide will answer all the basic questions that come up repeatedly in this sub forum. By reading this guide you can find the answer to some of your own question before starting a new thread to something that has already been answered.

I will start off my addressing questions that apply to everyone and then cover Canadian coinage issues and finally United States of America coinage issues.

What is CRH?

CRH is the hobby of going through piles of circulating coinage in the hopes of finding a coin to add to your coin collection. These coins are usually worth more than their face value by being rare or made of a precious metal. However a coin with no inherent value may be saved for person reasons (you find it cool how someone drilled a hole in it, it is from your birth year etc.)

Where do I get piles of circulating coinage?

I like how you said piles and not rolls or coinage. Despite it's name CRH is not all about rolls. Yes rolls of coins are the easiest way to get access to a bunch of coins so I will address this first. You can go to your bank to get coins. Now what if you are not a member of a bank? Never stopped me. I currently do not have a bank account. I go to the Bank of America in Maine and the Scotia Bank in New Brunswick with no problem. Just walk up to the counter and ask for rolls of coins. If they charge a premium on rolls of coins find a bank that doesn't. Failing that you can ask at stores. One Saturday I was jonesing to hunt some nickels so I asked the checkout girl at Sobey's for a roll of nickels. It worked.
Also you do not need rolls to roll hunt. We all have family members that have old margarine containers filled with card game betting change. Since the change in here probably never left the several containers they get switched around in since they were first put there years ago these could be a gold mind for key dates (see "Vernacular" at the end of this guide to learn what a key date is)

How many coins are in a role of X denomination, how much for a single roll and how much for a box of said rolls?

Please see the respected countries section as the coin numbers differ once you get up to higher denominations than a half dollar.

Do I roll up all the change by hand when I am done and bring it back to the bank?

Nope. I mean yes roll it by hand unless you have one of those fancy rolling machines available. I have never seen one in the flesh coming from rural New Brunswick but if you have access to one go for it. I heard you have to pay to use it though so then you won't be getting coins at face.
Also, do not, I repeat, do not bring your rolls back to the same bank. You do not poop where you eat, right? You will contaminate your supply and keep getting the same rolls over and over again. Bring them to a separate bank in town of a different branch. CRHers call these their "dump bank" To save time when it comes to rolling your change here is a hint: Keep a few coins on hand you do not want when you coin roll hunt. If you take 3 coins out of the roll put 3 different coins back in the roll from your "do not want" pile. Doing this one roll at a time is easier than trying to roll 800 dimes some long weekend. On a side note if you do have access to a coin counter machine look in the reject tray. Foreign coins and silver coins are dumped out here. Also do to it's composition you can find '43 steel wheaties (learn more in the "What to look for section" in America)

Now, the individual countries:

The Canadian Section:

Here is the roll/box numbers for you

Cents, 50 to a roll for 50c.. A box has 50 rolls for $25
Nickels, 40 to a roll for $2. A box has 50 rolls for $100
Dimes, 50 in a roll for $5. A box has 50 rolls for $250
Quarters, 40 in a roll for $10. A box has 50 rolls for $500
Half Dollars 25 in a roll for $12.50, a box has 50 rolls for $625

What do I keep?

Well, this is a personal question, are you building a date set? Well keep one coin from every year. Maybe you are looking for silver? Here is a brief overview of what most people hope to find in each denomination.

Same in all: '67 centennial, pre '53 (King George VI),
'47 Mapleleaf, anything from '22 to '29

Cents: Pre '97 (pure copper), '67 (rock dove/centennial), pre '53 (King George VI) '47 maple leaf issue
Nickels: Pre '82 (pure nickel) '67 (hare/centennial), '42-'44 V for Victory, '51 nickel commemorative, pre '53 (King George VI) '41 maple leaf

Dimes/quarters/half dollar: Pre '67 silver(1911-1919 92.5% 1920-1967 80%), 68 debased silver(50% to 80%), '67 (mackerel/cougar/wolf/centennial), pre '53 (King George VI), '47 maple leaf

Of course you will come across foreign coins, varieties and some modern commemoratives you may want to keep. Save USA coins for when you go over across to buy your groceries.A great online resurce for varieties can be found here: http://www.coinsandcanada.com/coins-prices.php
Ignore the prices, they are the result of a fever dream.

The United States of America section

Here is the roll/box numbers for you

Cents, 50 to a roll for 50c.. A box has 50 rolls for $25
Nickels, 40 to a roll for $2. A box has 50 rolls for $100
Dimes, 50 in a roll for $5. A box has 50 rolls for $250
Quarters, 40 in a roll for $10. A box has 50 rolls for $500
Half Dollars 20 in a roll for $10, a box has 50 rolls for $500

What do I keep?

Well, this is a personal question, are you building a date set? Well keep one coin from every year. Maybe you are looking for silver? Here is a brief overview of what most people hope to find in each denomination

Cents: 2009 Life of Lincoln cents, Pre '82 95% copper, Wheaties, Indians, Flying Eagles, 43 Steel
NIckels: Buffalo, WWII silver (1942-1945, "P" mint mark above Montecello, 35% silver)
Dimes/Quarters/Halfs:Pre '65 silver (90%), '65-'70 40% silver half dollars

Of course you will come across foreign coins, varieties and some modern commemoratives you may want to keep.


The CRHers Vernacular

Junk SIlver: a silver coin too beat up to be collectable
Key Date: A year a coin was produced in small numbers
Wheatie: Wheat back cent
Vicky: Queen Victoria
Dark Side: foreign coin
Exonumia: A token or medal, something coin like but not an actual coin
Pick up Bank: The bank where you get your coins to search
Dump Bank: The bank where you drop off your searched coins
Indian: Indian Head cent
Buffalo: Nickel with a buffalo on it
Skunk Box: a box of coins with nothing of interest in it
Face Value: The value stamped on the coin
Intristic Value: The value of a coin based on it's metal content
Numismic Value: The value a coin commands by being desirable among collectors


Dedicated "post your finds" topics to Specific Denominations

Ike dollars
https://goccf.com/t/128402

Sack/Prez Dollars
https://goccf.com/t/135364&SearchTe...small,dollar

Half Dollar
https://goccf.com/t/22710

Quarter dollars
https://goccf.com/t/74084

Dimes
https://goccf.com/t/60961

Nickels
https://goccf.com/t/24785


Cents
https://goccf.com/t/38685

Canadian
https://goccf.com/t/145998

Coin Counter Reject Trays
https://goccf.com/t/128850



Special thanks to...
Fuzy317
Edited by Harmonica
05/16/2015 4:22 pm
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Fuzzy317's Avatar
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 Posted 05/16/2015  01:06 am  Show Profile   Bookmark this reply Add Fuzzy317 to your friends list Get a Link to this Reply
You don't seem to include the US 1964 Dimes/Quarters/Halfs in your listing.
It should be: Pre '65 or '64 and earlier

edit - and you may want to included the silver percentages:
92.5% 80% or 50% for Canadian coins
90% 40% or 35% for US coins
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Harmonica's Avatar
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 Posted 05/16/2015  01:23 am  Show Profile   Bookmark this reply Add Harmonica to your friends list Get a Link to this Reply
Done! Thank you for the correction and suggestion.
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 Posted 05/16/2015  01:26 am  Show Profile   Bookmark this reply Add Fuzzy317 to your friends list Get a Link to this Reply
you're welcome
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WheatHunter's Avatar
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 Posted 05/16/2015  2:54 pm  Show Profile   Bookmark this reply Add WheatHunter to your friends list Get a Link to this Reply
Don't forget the US 1987 half dollars or (maybe?) NIFC halves (2002 and after).

Also, maybe you could combine the Canadian dimes, quarters and half dollars into one "section" like you did for the US dimes, quarters and half dollars? Maybe?
Edited by WheatHunter
05/16/2015 3:00 pm
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 Posted 05/16/2015  4:03 pm  Show Profile   Bookmark this reply Add Harmonica to your friends list Get a Link to this Reply
I could. NIFC stands for "not intended for circulation", eh? Wouldn't the few that got into circulation have dings as compared to the rolls upon rolls being put away by "coin investors". There will be a lot of NIFC quarters to add for Canada.

I'll do that to the Canadian section. By the time I typed it all out once I realized I din't have to for U.S.A. and din't really have to for Canada either.

Can anyone else think of more slang terms unique to this hobby or anything else I should cover? I want to make a list of key dates tonight after scale practice on my harmonica.
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 Posted 05/16/2015  10:17 pm  Show Profile   Bookmark this reply Add ace_ftw to your friends list Get a Link to this Reply
Maybe note in Canadian section that halves, cents, silver dollars are not regularly found, no longer circulating? Also there was no mention of silver dollars in either section.

Canadian halves are also not likely to be found in rolls, unless really new
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 Posted 05/18/2015  2:54 pm  Show Profile   Bookmark this reply Add Harmonica to your friends list Get a Link to this Reply
ace_ftw, I'll point tat put. I can use a personal antidont to show why it never hurts to ask. I'll write something up about siolver dollars for both sections on the off chance someone could use it. I have yet to ask for old dollars and get a silver but hopefully one day.

jbuck, thank you.


Well I guess I can't edit after 1 day so I will write up some more stuff to be added and then bother one of the admins about it.

Address some of the less like currency you will come into, discuss silver dollars, make list of key dates, add buying world lots as a possibility to CRH and I would like to add some more CRH terms if anyone feels I left out some important ones.
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 Posted 05/18/2015  3:09 pm  Show Profile   Bookmark this reply Add eagle_eye_18 to your friends list Get a Link to this Reply
If you are going to make a guide that many people will read, then I suggest you scan through for typos. I have spotted a few while reading through. Nice guide by the way!
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 Posted 05/18/2015  9:15 pm  Show Profile   Bookmark this reply Add fistfulladirt to your friends list Get a Link to this Reply

Quote:
Can anyone else think of more slang terms unique to this hobby or anything else I should cover?


Couple more -

Dream box: box loaded with silver

Ender: roll with a silver or collectible coin on the end, ie; "Bender"( Franklin half) "Kender" (Kennedy silver half) lol.

CWR: customer-wrapped roll
MWR: machine-wrapped roll

Kind Box: Smokin' box full of silver. OK, I just coined that one myself.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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CoinHunter53562's Avatar
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 Posted 05/18/2015  9:24 pm  Show Profile   Bookmark this reply Add CoinHunter53562 to your friends list Get a Link to this Reply
Well done sir!
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 Posted 05/18/2015  10:05 pm  Show Profile   Bookmark this reply Add jack jeckel to your friends list Get a Link to this Reply
You forgot the basics: people skills.

Say please and thank you when picking up and dumping and when necessary bribe the banks that get you coin and count your coin for no fee (which costs the bank money) with donuts, pizza, gift cards or whatever you choose but be sure to thank them for their efforts.
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 Posted 05/19/2015  09:50 am  Show Profile   Bookmark this reply Add brenpickle to your friends list Get a Link to this Reply
Great post. This answers a lot of the basic questions. Thanks for taking your time to make this.
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 Posted 05/19/2015  8:48 pm  Show Profile   Bookmark this reply Add Harmonica to your friends list Get a Link to this Reply
Hey, could one of the admins do something for me?

At the end of the body of text found in the "Where do I get piles of circulating coinage?" could you tack on...

Although not at face value you can also buy "Unsearched" lots of foreign coins on ebay, Vcoin or similar platforms. I put "unsearched" in quotations because most Coin Community Forum members will tell you that these lots are often seeded with the occasional world silver or Indian Head cent to lure you in but the majority of the lot is made up of lower grade/common dates that has been picked over.

*Always be polite and courteous. Use "please" and "thank you". If they have no boxes in say "Thank you for checking" and be on your merry way. Once you get a rapport going you may even get called in for stuff. Don't be afraid to surprise your teller with a box of Tim Bits once in a while. Yes, tellers are their to serve you however they are not their to be your personal slave.

Right after the Canadian Section what do I keep blah blah list of half dollars could you add this list of key dates?

Key dates by denomination
Cents
21-30
1936 Dot
1946 "A to denticle"
1955 no shoulder fold
1962 Harp
1985 Pointed 5

Nickels
1925
1926 Far 6
1932 Far 2
1944 Tombac
1951 High Relief
1965 Small Beads
1970 (from experience pretty much impossible)
1990 Bare Belly

Dimes
1956 Dot
1969 Large Date

Quarters
1973 Large Bust
New Brunswick Coin Alignment

Half Dollars
1921
1982 Small Beads

In both sections (America and Canada) when I listed all the roll information could you add Silver dollars: Loose, ask

I updated the slang list and alphabetized it, could it now read...

Buffalo: Nickel with a buffalo on it
CWR: customer-wrapped roll
Dark Side: foreign coin
Dream box: box loaded with silver
Dump Bank: The bank where you drop off your searched coins
Ender: roll with a silver or collectible coin on the end,
Exonumia: A token or medal, something coin like but not an actual coin
Face Value: The value stamped on the coin
Indian: Indian Head cent
Intristic Value: The value of a coin based on it's metal content
Junk SIlver: a silver coin too beat up to be collectable
Key Date: A year a coin was produced in small numbers
MWR: machine-wrapped roll
Numismatic Value: The value a coin commands by being desirable amongst collectors
Pick up Bank: The bank where you get your coins to search
Skunk Box: a box of coins with nothing of interest in it
Vicky: Queen Victoria
Wheatie: Wheat back cent
Zoel Number: A number used to denote a Canadian variety coin

Lastly could you add the following members to the thank you list..

fistfulladirt
jack jeckel
ace_ftw
WheatHunter

and of course the admin that makes these changes.
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 Posted 05/19/2015  8:49 pm  Show Profile   Bookmark this reply Add Harmonica to your friends list Get a Link to this Reply
Anyone south of the 49th parallel want to share a list of key date USA coinage?
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