Coin Roll Hunting pays 4x less than minimum wage

Discussion in 'Coin Roll Hunting' started by xGAJx, Apr 23, 2013.

  1. xGAJx

    xGAJx Happy

    Lets be honest, coin roll hunting doesnt pay much. i get maybe 2 dollars an hour if im lucky if I check and re-roll the coins.
    Cents take alot of time, and are not very rewarding, nickels are nice, but I never find any silver.

    So, how much do I have to look threw of nickels to find a wartime, and my question is which gives the most silver, nickels dimes or quarters?

    I might do some dime roll hunting today with my spare 40 bucks just to see if I get lucky.

    And in coin roll hunting, how much does it take to find the coins that are special? I seem to never get lucky to find anything worth while, I guess Ill try to get more volume, that might work.
     
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  3. Mr. Flute

    Mr. Flute Well-Known Member

    This is a hobby only and for fun. I would never look at it as income. Most of my silver finds are cashed out and the money put back into my long term hold collection.
     
  4. xGAJx

    xGAJx Happy

    It is a great and fun thing to do as extra since i have so much time.
    You never know i guess i might get lucky today.
     
  5. Inquisitive

    Inquisitive Starting 2 know something

    You do it for the fun, not for the money. Expect to lose money overall.
     
  6. bsowa1029

    bsowa1029 Franklin Half Addict

    Coin roll hunting isn't meant to be a job or a way to make money. It's just another way to enjoy the hobby of coin collecting and IMO it can be very rewarding.

    I'm not sure how many boxes of nickels you have to go THROUGH to find a 35%er and I can't imagine that it's even possible to find out.
    I myself have only ever gone through 3 full boxes of nickels. I found 2 wartime's in one box, 1 in another, and zero in the third. Out of those three boxes I also found a 1928 P Buffalo in about VG and 2 and 1/2 rolls of pre-1960 nickels. To me it was well worth the time going through the boxes just for those finds. I have also found about 10-15 unc nickels from the 70s and 80s which I kept.

    Pennies - I've gone through maybe 10 boxes and have been able to fill 3/4 of a gallon jug with the copper cents. I've found several unc coppers, right around a full roll of wheats, and a few old Canadian small cents.

    I've also gone through 1 full box of dimes, 1 box of quarters, and somewhere around $70 in halves and never found any 90% or 40%.

    Just for an example I found all of these CRH
    1972 Lincoln v2.jpg 1972 Toned Lincoln.jpg 1973 Lincoln v2.jpg 1976 Lincoln v2.jpg
     
  7. bsowa1029

    bsowa1029 Franklin Half Addict

    And here are some nickels

    1955 D Jefferson.jpg 1970 D Jefferson.jpg 1985 Jefferson.jpg 1988 Jefferson.jpg


    While none of these coins are really valuable it was still fun finding them and worth the time to me.
     
  8. Peter T Davis

    Peter T Davis Hammer at the Ready Moderator

    Most hobbies cost money. That this hobby can be cash-flow positive is something special by itself.
     
  9. scottishmoney

    scottishmoney Buh bye

    I get a kick out of people complaining about not being able to make money at CRH. I don't believe any real CRH'er is really into it for profit. It is something fun to do, it makes idle hands work and it sort of has a gambler's type of appeal. But it doesn't have the speculative losses like gambling other than your time.

    Sure I have gone through huge amounts of coin over the past decade or so, sometimes with minimal finds. But occasionally you have some amazing score that makes you howl like some fool in a casino that hit a jackpot on a machine. I have found 130+ year old coins, counterstamped coins, silver, tokens etc and quite a few fascinating foreign pieces.
     
  10. RomaniGypsy

    RomaniGypsy Active Member

    I think you're right about coin roll hunting paying 1/4 minimum wage. I never did better than about $1.50 per hour in terms of extra value in what I found. I got the occasional dark-colored dime that was mistaken for a penny, and the occasional five-cent wheatie, but nothing significant. For me it was more the fun of it... these days I wish I could do it more!
     
  11. Clutchy

    Clutchy Well-Known Member

    My favorite part of coin collecting is dragging the bag home and pleading with the coin gods to bless me with a 09s vdb.
     
  12. coinsrus1000

    coinsrus1000 Active Member

    I do it as a hobby with my spare time anybody that dislikes it that's more chances for me to have that great find. Also you do need money to do it boxes don't come cheap but its a temporary cost. So if you want to make money it wont be here, but the thrill of a find is the best part..good luck to all my com padres out there crhing
     
  13. xGAJx

    xGAJx Happy

    I find it an enjoying experience overall.
     
  14. RomaniGypsy

    RomaniGypsy Active Member

    How's that gone for you? ;)

    I haven't even gotten a plain 1909 in a roll. I can't recall what my best roll find was... maybe a 1920 plain. I get the occasional 1960 small date in a roll also... but that's about it.

    You know what I've always hoped for as a roll find? A 1972 double die. (Let's face it - few people would consider a 1972 something out of the ordinary.) That hasn't worked out either, no matter how many 1972s I examined under a magnifying glass.
     
  15. xGAJx

    xGAJx Happy

    I dont think the coin gods like you, you collect too many ancients the coin gods think your praising false gods....
     
  16. gubni

    gubni Active Member

    The money is in half dollars. I get an average of 1 40% per ten rolls. The problem is they are more difficult to find.
     
  17. Pi man

    Pi man Well-Known Member

    Try quarters, I've heard they have the best results. :D

    Also, you're a 6th grader, so where are you going to get minimum wage???
     
  18. xGAJx

    xGAJx Happy

    Lies.... quarters have been known to yield the lowest results. And Im stating the fact that its much lower than the lowest, genius.
     
  19. Pi man

    Pi man Well-Known Member

    If you know, then why are you still asking?
     
  20. non_cents

    non_cents Well-Known Member

    Coin roll hunting for me is in the mindset of "treasure hunting". You're not often going to get something big, but when you do, it is worthwhile. Of course, I only search cents and only look for die varieties, but I imagine a similar feeling for other denominations as well.
    Technically, anything you find that you can sell at above face value is an automatic profit, because you just turn in all the no good coins in to get all your money back. Then once you sell the few things you picked out, you're already in the black instead of the red.
     
  21. furryfrog02

    furryfrog02 Well-Known Member

    Crh isn't about making money for the most part. I do it for the thrill of the hunt. I've only been doing it about 6 months but I've been pretty lucky so far. I'm always hoping for a 92d cam or the 09s vdb though :).
     
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