Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Specializing in Modern Numismatics Vancouvers #1 Coin and Paper Money Dealer 300,000 items to help build your collection! Shop for APMEX Bullion on eBay!Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Coin, Banknote and Medal Collectors's Online Mall Join Thousands of Coin, Bullion, & Money Collectors








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Searching Bank Penny Rolls, Help.

To participate in the forum you must log in or register.
Author Previous TopicReplies: 21 / Views: 10,301Next Topic
Page: of 2
Pillar of the Community
murrellington's Avatar
United States
3276 Posts
 Posted 01/12/2011  3:41 pm Show Profile   Bookmark this topic Add murrellington to your friends list Get a Link to this Message Number of Subscribers
so I want to start searching penny rolls from the bank. I want to buy the $25 dollar box and search it. what do you guys do after you search them all? do you roll them all up again or is there a better method of getting rid of the ones you do not want?

also what is a good price to pay for a wheetie roll?
Valued Member
andrewjconners's Avatar
United States
497 Posts
 Posted 01/12/2011  3:57 pm  Show Profile   Bookmark this reply Add andrewjconners to your friends list Get a Link to this Reply
Welcome to the forum and roll searching!

I personally after going through any coins put them in a free coin counting machine at my credit union. Some people re roll the coins but that is intirely up to you.

As to you question about paying for wheat cents, I saw the average Wheat cent is between 3-5 cents. Though I would not pay more than $2 or 3 dollars for a roll of average wheats.

If your looking to score big try searching silver in halves and dimes. Hope my advice helped.
Valued Member
oldcoach's Avatar
United States
402 Posts
 Posted 01/12/2011  3:57 pm  Show Profile   Bookmark this reply Add oldcoach to your friends list Get a Link to this Reply
Hey Murrelington, it basically depends on your bank, some take rolls others don't. My bank has one of those counting machines and I am able to dump mine there. Have a good time hunting it gets addictive.
Pillar of the Community
murrellington's Avatar
United States
3276 Posts
 Posted 01/12/2011  4:00 pm  Show Profile   Bookmark this reply Add murrellington to your friends list Get a Link to this Reply
awe you guys are lucky for the free coin counting. which banks do you guys use? I doubt my wells fargo would have that.

and I'm not looking to score big just yet. recently purchased a dansco 1909-present album of lincolns and I would like to fill it out :)
Pillar of the Community
murrellington's Avatar
United States
3276 Posts
 Posted 01/12/2011  4:05 pm  Show Profile   Bookmark this reply Add murrellington to your friends list Get a Link to this Reply
actually I just looked it up in my area and there is a free coin counting machine open to public about 2 miles away. so happy, I save change anyways and usually roll it all up, never even heard of a free coin counter before!
Valued Member
chugly's Avatar
United States
234 Posts
 Posted 01/12/2011  5:51 pm  Show Profile   Bookmark this reply Add chugly to your friends list Get a Link to this Reply
Many credit unions have coin counters. Some offer free use of them to account holders. Fewer still offer them free to everyone. Looks like you found one of the latter which is an awesome score for you (saves so much time not having to re-roll to return stuff).

One other tip. At banks that have coin counters, see if you can just buy the filled bags (usually $50 face each) as they come off of the machines. This avoids paper rolls entirely and really helps speed the searching process:). This may also save the bank $$ because they then don't have to pay an armored car service to come pick them up. Thus, a win win for everyone!

Good luck with your searches!

Chugly
Pillar of the Community
lincolncentguy's Avatar
United States
809 Posts
 Posted 01/12/2011  8:50 pm  Show Profile   Bookmark this reply Add lincolncentguy to your friends list Get a Link to this Reply
Except for the bank where you dump the coins!
Valued Member
schnauzer's Avatar
United States
212 Posts
 Posted 01/13/2011  01:09 am  Show Profile   Bookmark this reply Add schnauzer to your friends list Get a Link to this Reply
I buy the $25.00 box. Sort. Pull the wheats. Pull the pre 1982's. Pull toned coins with nice eye appeal. (Putting together a 1941-2010 toned cent set). Take unwanted cents back to the bank in a tupperware food container ($19.00 AVG.) Teller takes the cents and puts in large counting machine (FREE) comes back and tells me how much it was. I add about $6.00 to the amount and buy another box. My bank is U.S. Bank. Have to have an account at the bank for them to do this service for you. If you take rolled coins in there they will have you open them all up. There are several banks in Oregon that have the counting machines and will do this for you, if you have an account, for no charge.
Another good idea is to buy your cents at one bank and cash them in at another. That way you're no looked upon as a pest so much.
Edited by schnauzer
01/13/2011 01:11 am
Pillar of the Community
murrellington's Avatar
United States
3276 Posts
 Posted 01/13/2011  01:21 am  Show Profile   Bookmark this reply Add murrellington to your friends list Get a Link to this Reply
nice info. I just picked up my first $25 box today. opened about 1/3 of the box. 5 wheats so far and lots of pre 1982. also found like 10 or so s mints. I am deciding to save copper pennies, wheats, and any s mint penny. also looking for the Wide AM pennies. what will you eventually do with the copper ones? I know copper is worth more than face value but it is illegal to melt, so what is with everyone saving their copper?
Pillar of the Community
wolf-n-wa's Avatar
United States
602 Posts
 Posted 01/13/2011  01:38 am  Show Profile   Bookmark this reply Add wolf-n-wa to your friends list Get a Link to this Reply
K, so save all wheats, copper and MS coins ya find. That's what I do anyway. Their is a guy here where I live that pays $97 for 5000 copper cents. Thats just under 2 cents a piece. Have seen them on e-bay sell for $20 for 1000. But I don't have to deal with listing them and shipping etc. I don't save the S mint coppers unless they are MS or AU. Which a lot still are out there. The rest just go in my copper pile. If ya find an S later then 74 then it's gonna be a proof coin. I've also found proofs roll searching. Make sure you look for the error coins also. Good luck and as someone has said it is addicting. WOLF
Valued Member
schnauzer's Avatar
United States
212 Posts
 Posted 01/13/2011  02:26 am  Show Profile   Bookmark this reply Add schnauzer to your friends list Get a Link to this Reply
Greetings murrellington. Go to Search Coin Community at the top left of this page and type in 67811
There is a discussion there regarding this subject. I'm not planning on getting rich doing this, but it's kinda fun. Gotta love the hobby.
Edited by schnauzer
01/13/2011 02:28 am
Valued Member
Canada
274 Posts
 Posted 01/13/2011  03:39 am  Show Profile   Bookmark this reply Add yves to your friends list Get a Link to this Reply
Hi !

I'm curious about the price of the copper at scrap yard. I'm from Canada and the cent was in copper until 1996.

Help me with the right price, number and calcul if it's wrong...

The price of cooper are around 9500$ ? by ton, 1 ton is 2000 pounds ?

2000 pounds is 907185 Grams ?

A canadian cent weight 2.5 Grams but are copper at 98%, the weight of the copper is 2.45 grams.

9500$ = 907185 Grams of copper
X = 2.45 Grams

The result is 2.5 cents

Right ?
Valued Member
schnauzer's Avatar
United States
212 Posts
 Posted 01/13/2011  04:57 am  Show Profile   Bookmark this reply Add schnauzer to your friends list Get a Link to this Reply
Wow, that's alot of numbers. I'm not sure. I do know that copper is at $4.37 per pound this very moment. It takes 153 copper cents to make a pound. So I come up with 2.85 cents metal value per penny. But my best grade in math was a C-, so I'm not sure. I think that's right though.
Pillar of the Community
murrellington's Avatar
United States
3276 Posts
 Posted 01/13/2011  04:59 am  Show Profile   Bookmark this reply Add murrellington to your friends list Get a Link to this Reply
I'm not too great at math but I think that sounds about right.



and so in the first $25 box I opened, I got 9 wheats. crazy how out of 2,500 pennies I only got 9. that is a .0036% chance of finding one. but I did get about 30 s mint mark pennies from about 1970 to 1974. probably cause I live in san diego which is close to San francisco. anyways I'm also setting aside coppers and '09 + '10 pennies cause they have low mintage and look great.
Pillar of the Community
nod2003's Avatar
United States
3294 Posts
 Posted 01/13/2011  09:47 am  Show Profile   Bookmark this reply Add nod2003 to your friends list Get a Link to this Reply
Actually that is a 0.36% chance, not 0.0036%. You probably have a 0.0036% chance of finding an Indian Head cent.
Valued Member
Canada
274 Posts
 Posted 01/13/2011  4:33 pm  Show Profile   Bookmark this reply Add yves to your friends list Get a Link to this Reply
Murrelington : I mist a lot of "S" mint mark, if you have some spare you can conctact me, I can be interrested.

I live in Quebec, Canada, I just call at scrap yard for fun and the price is 3.52$ CDN by pound.

If you tell that it'S 153 by pound, it's around 2.3¢ each

Any buyer ? lolll

  Previous TopicReplies: 21 / Views: 10,301Next Topic
Page: of 2

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.38 seconds to rattle this change. Forums