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Replies: 44 / Views: 8,531 |
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Valued Member
United States
114 Posts |
I read something recently on a youtube comment saying roll hunting is a waste of time because all the silver is almost all pulled out. How true is this?
Obviously there is still coins out there, but do you guys think it's getting to be to the point of being a waste of time?
I'm not really into buying coins for collecting, hunting is the only thing I like doing because it's just exciting.
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Pillar of the Community
United States
3468 Posts |
We see people pull silver every day on this site. It all depends on how many rolls/boxes you're willing to search to make those finds.
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Bedrock of the Community
United States
10284 Posts |
One of the best things I got out of my coin roll searching days was that I learned what was common and what was an unusual find. Take Jefferson nickels for example. Some people just search for pre 1960 Jeffersons, some just for key dates, hennings, RPM's, errors or War Nickels. I came to the conclusion that a common as dirt 1964 D that was well struck with a few steps in AU or BU condition was a much scarcer find than a pre 60 nickel. I kept a lot of more recent nickels that were unusually better or seldom seen too.
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Valued Member
 United States
114 Posts |
Good points, I guess it does also depend on what you are looking for. I think I'd get a lot more excited finding a really cool error coin that would maybe be missed by those looking for silver only.
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Rest in Peace
10197 Posts |
As noted, what's your intent. Then ability comes in to play, by that I mean ability to recognize what you see. To scope every single coin is indeed a waste of time, any error that you must be see Microscopically, has the same relative value as magnification factor...micro(little)! A DDO / DDR/RPM is really only valuable to a true collector of them, same as common processing errors( cracks, Cuds and cruds). They really hold only minimal value, in the real scope of things numismatic. Of course, they are "worth" what some may pay for them, but this isn't "standard" for there is no standard, all stated values are arbitrary anyway. As TNG said, Quote: One of the best things I got out of my coin roll searching days was that I learned what was common and what was an unusual find. . Therein is the thrill of the hunt. For straight silver stacking, it becomes the luck of the draw and "Location, location, location". Most all silver has indeed been pulled from circulation. What is seen is bank dumps of collections and hoards(Grandma's jar) being cashed in. It is "recirculated" silver. Highly unlikely that a coin has survived completely untouched from before, altho we would like to think so. I'd like to think that 1902 Barber dime in VF survived all those years, but believe me, it would have been a slick by now!
Edited by Crazyb0 04/02/2018 1:59 pm
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Rest in Peace
United States
17900 Posts |
It depends on how much value you place in the hunt.
I believe most serious roll hunters would agree that the primary reason for their hobby is the thrill and knowledge gained. It's tough to put a monetary value on either of those.
However, I think if you got a part time job making minimum wage you could buy a lot nicer coins than you are likely to find, on average.
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Pillar of the Community
United States
7616 Posts |
It is a waste of time if you think you are going to find a fortune in pre-1964 silver coins.
It is not a waste of time if you are searching for varieties and errors and if you enjoy the hunt
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Rest in Peace
United States
18456 Posts |
You know ; I have to say CRH ,unless your looking for errors and varieties has become painstakingly harder and harder to find silver , old Coppers and old Nickels . It's certainly not like it was when I first started CRH'ing. 
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Pillar of the Community
United States
6130 Posts |
CRH is all about the thrill of the hunt; the rare monster box of all silver halves, dumped collection, or rare variety or error is all outweighed by the sheer time the hobby takes. I roll hunted for years during the peak of the economic crisis and mass dumping of change jars, and my total theoretical profits would amount to less than an extra weekend of working for minimum wage. The thrill of unwrapping a solid roll of dateless Buffalo nickels or seeing a -64 in a pile of halves ought to be its own reward, with the "profit" as icing on the cake. When the thrill started to subside, I stopped hunting.
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Valued Member
United States
253 Posts |
It's pretty much free. I find it relaxing, when my 2 yr old twins have finally gone to bed, the Mets game is on, and I look through a few rolls. Found 3 war time nickels, a silver Roosevelt, and misc other finds.
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Pillar of the Community
7234 Posts |
Still, I find CRH is like fishing, most of the time you catch sheephead and carp but every now and then you get a Steelhead or a Northern pike!
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Pillar of the Community
United States
4333 Posts |
Is walking a dog a waste of time? Is golf a waste of time? Is Facebook a waste of time? Is cleaning the gutters a waste of time? Is ...... .... . ..... . ....?
When I listen to LED ZEPPELIN...so do my neighbors... Roll hunting since '77 Dirt fishing since '72
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New Member
United States
22 Posts |
In just the past 2 weeks, I pulled 22 silver halves.......including a 1982 Commemorative Washington Half, a Franklin, and a Walker. These were all picked up randomly as I go into different banks every couple days and buy what few rolls they have. I did get 4 silvers just looking at the tellers change holder and seeing the silver edges. Today, my 13 year old son got 1 roll of dimes from the bank, and pulled a 1964. He also bought a couple rolls of nickels during the past few weeks, and pulled 4 Buffaloes, and about 6 silver War Nickels. Finding the Commemorative, Ben and Walker in random rolls led me to believe one of 2 things: 1) People are cashing in Grandpa's collection not knowing what they have 2) Sadly ===== and I hate to say it == But, people are probably stealing whatever they can to cash in to feed their opioid habit. The crisis is real bad in my local town, so I suspect that may be a primary contribution. All of the rolls we picked up were hand rolled, and not machine rolled---so most likely they were brought into the bank from someone, and not any of the armored coin services.
Edited by Cougar01 04/02/2018 8:34 pm
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Moderator
 United States
15400 Posts |
 with all of the above. The joy of CRH is the thrill of the hunt .... not the finds ... regardless of what you are hunting for.
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Pillar of the Community
7234 Posts |
Quote: 1) People are cashing in Grandpa's collection not knowing what they have
2) Sadly ===== and I hate to say it == But, people are probably stealing whatever they can to cash in to feed their opioid habit. The crisis is real bad in my local town, so I suspect that may be a primary contribution. darn , I'm agreeing with both. Last week I was at my LCS and in comes a young girl with rolls of walkers and franklins - I so wanted to say I'de give here $7 apiece but she sat down with the owner of the shop and he convinced her they were only worth$5 apiece and she sold them all, and it was on a Friday - Drug money? Who knows but that was highway robbery! Never looked at dates just $5 for every coin she offered.
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Rest in Peace
United States
18456 Posts |
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Replies: 44 / Views: 8,531 |