| Author |
Replies: 27 / Views: 4,029 |
|
New Member
Canada
36 Posts |
Dimes? Quarters? Nickels? what should I start with? I'm interested in coin roll hunting and I'm looking mainly for silver. how often do you usually find silver in rolls?
|
|
|
|
Pillar of the Community
798 Posts |
If you want silver the absolute best one to search is dimes, search dimes...You WILL find silver, just as long as you pick the right bank and get the right rolls.
|
|
Pillar of the Community
United States
619 Posts |
I agree, dimes are probably best right now. They haven't been searched as much as others. You can forget quarters. The rate of silver in those is pretty bad these days. Nickels are a little better, but not by much. Halves aren't much better unless you're lucky and find some loose ones.
Edited by CPC24 05/24/2015 9:19 pm
|
|
New Member
 Canada
36 Posts |
Ok. What do you consider the "right banks" and the "right silver"?
Also, when I look at coin hunting videos, people just look at the edges of the coin to decide if its good or not. how do I do this?
Edited by mehguy 05/24/2015 9:19 pm
|
|
Pillar of the Community
United States
513 Posts |
Test run--If you already have a silver dime or quarter, put it into a group of them and look at the edges of the group. You'll see the silver one stand out.
|
|
Pillar of the Community
 United States
5828 Posts |
Cents, in the United States at least.
|
|
Pillar of the Community
798 Posts |
The "right bank" has more rolls done by customers and then taken in and less fresh rolls from the mint with nothing but one year of coin inside. You should also find a bank that doesn't charge you anything to take coins out. The right bank might just have the right tellers and then you'll end up like ace_ftw. The "right rolls" would be the ones without the mint seal or how ever you Americans do it and also if the coins on the end are all a random date rather then all 2014 or 2015. If the rolls look old and you see that then run out the bank with`em as fast as you can and if they don't let you then tell them that your at a stand still. 
|
|
New Member
United States
9 Posts |
Why don't you try to start with cents in the US? this is actually a good start. :)
|
|
Pillar of the Community
United States
6478 Posts |
Half dollars yield the most silver.
|
|
Pillar of the Community
798 Posts |
|
|
Pillar of the Community
United States
946 Posts |
Since half dollars aren't common currency though a lot of banks don't order them...been finding that out the hard way here in NJ. I've been doing pennies recently. Relatively cheap at only 25$ a box too and you can pick up some cool stuff. I've been through 3 boxes only and I've found 3 DDO 1972s,a whole bunch of die cracks,cuds,etc. Pretty cool stuff. Just waiting until I find that nice true valuable coin.
|
|
Pillar of the Community
United States
4333 Posts |
Halves give up the most silver in the long run but are quite boring and the majority are dirty 40% and long silverless streaks in between. I've been hunting since 1977, and have found that dimes are the best consistent producers of 90% silver, when searched in high volumes.
My finds averaged 1 silver dime per $150 searched.
When I listen to LED ZEPPELIN...so do my neighbors... Roll hunting since '77 Dirt fishing since '72
|
|
Pillar of the Community
Canada
1747 Posts |
seeing that you are a fellow Canadian, the information posted so far does not mean much to you, as you are not able to order boxes of halfs or rely on finding many pennies, and we have no circulating silver nickels either. For Canada if you really want silver you can search one of 2 either quarters or dimes.
quarters will cost you about $1500 for 1 silver quarter (if you roll hunt a significant amount it will average out to roughly this)
Dimes will cost you roughly $150 for 1 silver dime (80%, 50%, or 1967)
What do these facts mean, to find silver, either you need to be the luckiest person hunting a few rolls a week, or you need to be persistent, and do volume.
I will assume that your parents will not let you take out thousands of dollars in coin rolls. I would suggest you make friends with your teller, buy rolls see what you find. when you talk to the tellers tell them you are a collector and have they seen or do they have any "interesting" or Old coins in their tray. If they say no say well maybe next time, and if you could please remember me if you do find something.
I have been handed silver quarters from a number of tellers over the past year, which is an awesome feeling.
Silver is a hard thing to find in rolls, and even I am finding the silver is drying up, so don't get discouraged if you don't find any for a bit.
Good luck
|
|
Pillar of the Community
798 Posts |
Now why would I of thought he was from the states...sorry!  I'm happy to know that my advise would of been helpful to a person from either county! 
|
|
Pillar of the Community
Canada
1747 Posts |
Normic, you are absolutely correct your advice about the roll ends transcends the border lines. However, I have a hard time when I see tellers about to hand me what I call "Junk Rolls" the rolls wrapped in cello which are usually current year, or even the tightly white wrapped ones from Churchill.
You have 2 options neither of which is great:
option 1: refuse the rolls, the issue here is that you may have had the teller spend 5-ten minutes getting these rolls, and now you are refusing them, this is an easy way of making enemies at the bank.
option 2: suck it up and dump them at your dump bank, the issue here is that you basically wasted your time effort and are now holding up funds until you dump them.
personally for me it is a toss up between the 2 options, if the teller took more than 1 or 2 minutes getting the rolls, then I happily take what I get (luck of the draw), if its was a quick transaction I may say I prefer not to take them (however this is not a common response for me)
What I get into the habit of doing is just as the teller is turning away to get the rolls, I say clearly, "I would prefer the oldest rolls you have!" this works some of the time, but not always.
I do have a lot of tellers who know me and will just give me all that they have as good CWR (customer wrapped rolls)
|
|
Pillar of the Community
798 Posts |
I have asked them that before and they said that there is no way of knowing if they are old rolls or new rolls or if the coins inside the rolls are old coins or new coins. Getting a box of coins from the bank to roll search IMO is kind of like a gamble. Of coarse it would help if you taught the teller the difference between old and new rolls or even boxes. Arnt the tightly wrapped ones from Churchill you mentioned the ones that have been through the ARP? The reason why I think that is because every single one of those rolls iv ever gotten had 2001 or 2003 coins and newer in it, why I quit CRH`ing is because I was getting nothing but THOSE rolls so now I know that when I see them to leave them.... and also because I felt like a nuisance to the tellers and to open those kinds of rolls you need to rip them and then your left with a bunch of coins. mehguy, I hope your reading this! 
|
| |
Replies: 27 / Views: 4,029 |