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What Should I Be Looking For Before I Send My Coins To The Bank?

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JJGJ1985's Avatar
United States
3 Posts
 Posted 11/15/2023  12:27 pm Show Profile   Bookmark this topic Add JJGJ1985 to your friends list Get a Link to this Message Number of Subscribers
I was just given permission to have my parents saved change jar. It's a full 5 gallon jug of loose change, They just ask that I get it rolled and deposited as soon as possible so they can see what kind of vacation they are taking for their 30th anniversary in March.

I'm super stoked and have started separating the coins into denomination and I've got several crown bags of pennies (my favorite coin) to start going through but I really have little knowledge about nickles, dimes, and quarters.

Any help on what to look for would be amazing. Any tricks to speed up my progress also accepted. What coins are OK to roll for trip to the bank for deposit into their "Get Away Fund" and what coins you would not want to lose would be so helpful.

Thanks so much in advance. I really appreciate your time and knowledge, wish you the best luck in the future!
Any help on my biggest roll hunt yet is welcome,
Forever thankful, James.
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Sharks's Avatar
Canada
1759 Posts
 Posted 11/15/2023  2:01 pm  Show Profile   Bookmark this reply Add Sharks to your friends list Get a Link to this Reply
I can only wish you good luck on your endeavour. I am not much help on American coins, especially varieties.
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PlumCrazy814's Avatar
United States
881 Posts
 Posted 11/15/2023  2:24 pm  Show Profile   Bookmark this reply Add PlumCrazy814 to your friends list Get a Link to this Reply
Silver- especially silver nickels - most people are not aware of the silver nickels so you can still find many in circulation.
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nfine's Avatar
United States
3467 Posts
 Posted 11/15/2023  4:14 pm  Show Profile   Bookmark this reply Add nfine to your friends list Get a Link to this Reply
You may want to check with your bank to see if they accept customer rolled coins before going through all that work.
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United States
1655 Posts
 Posted 11/15/2023  5:16 pm  Show Profile   Bookmark this reply Add lcutler to your friends list Get a Link to this Reply
Honestly beyond looking for silver, there is just no way for someone to learn errors and varieties on short notice. It can take years to really get good at it, and most people specialize in one area to better focus. Look for silver, maybe W mintmarked quarters and cash in the rest.
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Joshu - a's Avatar
United States
584 Posts
 Posted 11/15/2023  8:51 pm  Show Profile   Bookmark this reply Add Joshu - a to your friends list Get a Link to this Reply
All pennies and nickels before 1959, all dimes quarters before 1965, half dollars before 1971 and after 2002, 2019 & 2020 W mintmark quarters, shiny mirror-like coins that you can see your face in (proofs), 2009 pennies, and all foreign coins. You might want to show us whatever dollar coins you have if any.
Edited by Joshu - a
11/15/2023 8:53 pm
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Errers and Varietys's Avatar
United States
73579 Posts
 Posted 11/15/2023  11:06 pm  Show Profile   Bookmark this reply Add Errers and Varietys to your friends list Get a Link to this Reply

Quote:
All pennies and nickels before 1959, all dimes quarters before 1965, half dollars before 1971 and after 2002, 2019 & 2020 W mintmark quarters, shiny mirror-like coins that you can see your face in (proofs), 2009 pennies, and all foreign coins. You might want to show us whatever dollar coins you have if any.


Look for errors and varieties as well, if you want to do that. For Doubled Dies:
doubleddie.com

For errors:
www.error-ref.com
Errers and Varietys.
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BStrauss3's Avatar
United States
4587 Posts
 Posted 11/16/2023  08:44 am  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
Beyond sorting out silver coins, turning anything else into more than face value is going to require investing time. They might have value above face, but there is no easy marketplace for minimally valuable coins.

When did your parents start collecting change - that will give us some clue as to what to tell you to look for.
-----Burton
50+ year / Life / Emeritus ANA member (joined 12/1/1973)
Life member: Numismatics International, CONECA
Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club
Owned by three cats and a wife of 40+ years (joined 1983)

Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
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United States
1484 Posts
 Posted 11/16/2023  11:10 am  Show Profile   Bookmark this reply Add halfamind to your friends list Get a Link to this Reply
Feel free to share some of your better finds!
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United States
877 Posts
 Posted 11/16/2023  1:22 pm  Show Profile   Bookmark this reply Add adam126402 to your friends list Get a Link to this Reply
Be sure to give us a final tally on the value. My SWAG if $2K.

Have fun sorting through all of that coinage!
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BadThad's Avatar
United States
19930 Posts
 Posted 11/17/2023  6:55 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
IMPORTANT QUESTION: How long have the coins been accumulating in this 5 gal container?

Your question is much easier to answer knowing that.
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JJGJ1985's Avatar
United States
3 Posts
 Posted 11/22/2023  01:17 am  Show Profile   Bookmark this reply Add JJGJ1985 to your friends list Get a Link to this Reply
Thanks everyone for the different posts. Brought up great new ideas for me and questions for my folks. We have a page of everyone's guess on the total, and I feel like I definitely under guessed with my estimate of $1,234.56.
After asking Pops, I found out he started putting his change in an old coin bank, shaped like a 36 inch tall beer bottle, in 1978. After meeting my mom in 1983 the collection was poured into a 5 gallon Kentwood water container so they had a "just incase fund". They have decided to turn it in to their bank and use it for a getaway on their upcoming anniversary in March, but the bank said they only accept rolled change and they couldn't bring in all of it at one time. I'm not sure why but works out for me. My mom asked if I would roll it in my spare time as long as I got in done before March. Giving me plenty of time to separate the coins into denomination and go through them.
Ive been roll hunting since Covid locked us up in 2020, but I've been a collector of pennies and quarters since my grandfather taught me about his collection in the early 90's. I've tried to complete his error collection of Lincoln cents ever since. Quarters caught my attention with the states, then America the Beautiful series, so I've studied those more recently and have a decent knowledge of key dates and errors to look for.
I don't really plan to roll the change after I look over the coins, because the bank I use ask for loose change they bring to a counter in the back and return with a slip of the amount of each coin and a total to deposit. I've become pretty close, like first Name basis, with most of the staff of the branch that's closest to my house. They have told me it's OK to bring in the change in bags that can be lifted without serious strain as I need.
I want to thank everyone for sharing their knowledge and giving me tips, I'll be checking this forum before I grab a bag of coins to look through. If you would like to leave a guess on this insane total of the coins, I'll leave you with this information. It's $214 dollar coins, (that's the easy one), 4 Crown Royal bags, that weigh right at 30lbs each, of Quarters. Dimes filled 3, thirty pound bags. Nickles at an amazing 7 bags that weigh 28-30 pounds each. And drumroll please. Pennies with a total of 22 bags that each touch 29-30 pounds on my bathroom scale.
Best wishes to everyone!
Happy Thanksgiving to those that celebrate,
I'll be back with more info soon, James.
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Errers and Varietys's Avatar
United States
73579 Posts
 Posted 11/22/2023  02:25 am  Show Profile   Bookmark this reply Add Errers and Varietys to your friends list Get a Link to this Reply
Good luck. I hope you'll find good stuff.
Errers and Varietys.
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United States
877 Posts
 Posted 11/22/2023  10:21 pm  Show Profile   Bookmark this reply Add adam126402 to your friends list Get a Link to this Reply
JJGJ, something's off here on the description of the contents. The way this is written would imply 36 bags at 30 lbs each which would be over 1,000 lbs which is not possible in a 5 gallon jug.

Any way, good luck and keep us posted on anything interesting you find!
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BadThad's Avatar
United States
19930 Posts
 Posted 11/23/2023  12:58 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
Keep in mind that mint state coins have value in the collector market. It sounds like this collection is old enough that it may contain a lot of MS coins worth saving.
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machine20's Avatar
United States
1272 Posts
 Posted 11/23/2023  2:54 pm  Show Profile   Bookmark this reply Add machine20 to your friends list Get a Link to this Reply
Should weigh like 350lb total of if my mental math is correct
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