picking up some rolls from the bank..

Discussion in 'Coin Roll Hunting' started by jakchota, Apr 2, 2014.

  1. jakchota

    jakchota Active Member

    planning on spending 250-500 on rolls, what should i go for, and what years ;)
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. josh's coins

    josh's coins Well-Known Member

    go for dimes and nickels. maybe a few quarters. Get some buffalos and some silver
     
  4. jakchota

    jakchota Active Member

     
  5. josh's coins

    josh's coins Well-Known Member

    there is a coupon in the back of the nationa park quarter folders that give you the 2014 red book for $5. if you do not need that just go to barnes and noble it is around 10-15
     
  6. jakchota

    jakchota Active Member

    thank you so much, i appreciate it!
     
  7. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Ask the bank to give you rolls of pre-1965 silver.

    Just kidding! What are your plans? Do you want to build a set of some denomination? Are you just hoping to find silver? Without knowing anything about your goals, it's kind of pointless making suggestions.

    Chris
     
  8. jakchota

    jakchota Active Member

    I'm looking for silvers and major coin errors like the mule coin, my grandfather had a nickel with a dime impressed into it and on the sides the nickel streched outwards. pretty cool eh? sadly he lost it in a house fire..
     
  9. jakchota

    jakchota Active Member

    also two or three major date on proof thats in the current circulation
     
  10. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Finding silver is going to be harder than you think. When silver started to rise in price 6-8 years ago, peaking at $49 in 2011, everybody and his brother began searching for silver. Now, it's just luck to find any. You could search $5,000 worth of quarters and half dollars and not find a single one.

    I can't comment on the coin your grandfather had without seeing photos. Yes, there are plenty of errors and varieties in circulation, but most of them will be fairly common and their value will be diminished from circulation wear and damage. "Major errors" are much harder to find in circulation, and you really need to educate yourself about them.

    Please explain what a "major date on proof" is. Any proof coin that has entered circulation is considered an "impaired proof" and isn't worth too much more than face value or silver melt (if that is the case).

    Chris
     
  11. scottishmoney

    scottishmoney Buh bye

    Quarters are a waste of time unless you collect those state and national park quarters and want some from circulation.
     
  12. NOS

    NOS Former Coin Hoarder

    They are not entirely a waste of time. I have found four silver quarters from roll searching and I feel I did not go through all that many rolls to find them. What makes finding a silver quarter special is that since they tend to be tough to find, they are all that much more exciting to discover than silver dimes, which turn up more frequently.
     
  13. treylxapi47

    treylxapi47 Well-Known Member Dealer

    I go with nickels and dimes and cents. The larger denominations are basically if you want to find sets or silver. Halves get cool NIFC coins though, like proofs and SMS coins, etc.
     
  14. jakchota

    jakchota Active Member

    i was talking about quarters nickels and dimes like their top three major dates most people hunt down besides silvers. i found one war nickel in a box of 100.
     
  15. jakchota

    jakchota Active Member


    i appreciate it, ill mainly do nickel because i get most out of a dollar and pretty easy to see with a little light and an eye. what are some major dates out of the jefferson series people look for because i saw a 1990's coin from den or san being sold for 19000 in perfect mint condition...
     
  16. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Never mind! I'm done. You keep looking for a $19K coin out of circulation. Good luck, grasshopper.

    Chris
     
  17. jakchota

    jakchota Active Member

    oh god. i just pointed out an example that coin was one of a kind any way.
     
  18. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Then you should use an example that is more realistic and attainable. It's also possible that all of the passengers of Malaysia Air are actually partying in Tahiti.

    Confucius say:
    > Buy the book before the coin.
    > Condition is everything.
    > If you want to make a million dollars collecting coins, be prepared to spend two million dollars.


    Chris
     
  19. jakchota

    jakchota Active Member

    haha love the attitude, I'm only 18 its my first time really starting, but again to make money you need to spend money !o_O
     
  20. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    That's true if you have a sound business plan. So, how much do you project you will make searching rolls of worn & damaged coins?

    Since you seem to have an interest in nickels, bear in mind that 1942-1945 are the only years in which silver was used in them to support the war effort. They were struck in 35% silver and contain .05626 oz. of pure silver. To make $19K, you would need to find about 18,000 of them. How many years would that take? How would inflation affect the results? I'm not trying to be a smart arse. I'm only being realistic.

    Please don't misunderstand. I have nothing against hoarding silver, but coin collecting involves much, much more and the knowledge is not acquired overnight.

    Chris
     
  21. jakchota

    jakchota Active Member

    well i have a good relationship and if i really try i can go to this one bank that i know the manager told me he has a lot of nicks there he said about 50000$ of nicks some one asked for it but has passed away, he said if you can take it and move it some where else he would be glad to do so. I'm hoping i hit a nice old roll, but again you never know but i appreciate the heads up, i just really want to look through 100 boxes and do my odds and findings. you really never know what you can come across.
     
Draft saved Draft deleted

Share This Page