Roll-searchers, post your results!

Now THAT does look like some poor soul had their collection stolen!

 

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Wow AgCollector.....you had an awesome find so mine seems quite mediocre in comparison. I once got a roll of proof Kennedys halves and 3 gold plated halves and I posted about it on this site I believe. I can't remember but none were silver. Still keepers though Even though my day didn't come close to yours, I did have a decent day and I'll post my find so others might get or stay motivated to search.

It started out slow with little out there. I only managed to find (2) 90% and (9) 40% but still better than some days. Then came by best stop. I was 5 minutes early for an in-service with a therapist and saw a BoA. I stopped and asked for halves. My teller had none but the teller next to her had $48 worth. He tells that they came from the house of a 90 year old woman who was going into an assisted living facility and her son brought them in. I watch as he pours them out of the BoA bag and I see silver but stay calm and act stupid.

I get to my car and go thru them and I believe the son (maybe grandson) was told to keep any coins 1964 and earlier because those were silver but no one told him to keep 1965-1970. I found no 90% halves but got (56) or $28 FV from that $48 total. Not a bad day overall:

(2) 1964
(9) 1966
(32) 1967
(19) 1968
(5) 1969

Total Cost = $33.50
Value 2-15-08 = $176.75
10.3365 oz = $3.24 per ounce

Perfect timing for the Sunday coin show where I hope to sell $70 in 40% and $10 in 90% and get 1/2 oz. of gold. This dealer who buys silver to send off to who cares...LOL....likes likes me because I trade instead of asking for cash so I think I can swing a 1/2 oz. for $477 in silver value which is what my $80 FV is worth. I don't want to sell him too many 90% because I hate the thought of those being melted down.

KEEP SEARCHING EVERYONE!!! THERE IS MORE SILVER OUT THERE THAN WE THINK. I"M SURE OF IT!~!~!~!

*~*Joey*~*

EDIT: Just counted my 40% and I have 180 = 9 rolls = $455.22 which means maybe I won't have to part with any 90% and maybe I can get 1/2 oz. even up. I'm so excited for Sunday~~

 

Whats on Sunday? Thats a pretty good find...

 

Not in a roll but went to our local Lucky (Abertson's) Supermarket and got a 1914 penny, wheat side up in the auto changer.

 

This is the way I would approach it.

Print out the buy prices from apmex.com and mjpm.com.
Ask for ANY ½oz US gold coin he wants to give you, regardless of condition and type. Make your only stipulation that it be US and not foreign.

The key points being

1. that you know what he's probably getting for the silver
2. that he gets to pick the coin that has sat in his inventory the longest and is therefore least likely to sell, thus allowing him to swap a slow moving coin for one he can unload in a heartbeat.
3. By specifying US, you know you will always be able to unload it for melt value.

Good Luck.

 

OK, some are going to knock me for this, but for the cupronickel proofs, I have found that thioureic acid (silver cleaner from Walmart) works perfectly for removing fingerprints from proofs that I find in circulation.

With the silver proofs, I would be hesitant before dipping those. Before considering it, make sure they are only worth their silver content in their current condition. For the silver, I would probably try just acetone first.

If the fingerprints are fresh, they can be safely removed without damaging the coin. If the fingerprints are left on the coin for too long, they will react with the metal and make permanent impressions, even if the fingerprints themselves are removed later.

Search Cointalk as there are many threads about dipping coins (along with both sides of the debates) to make sure you properly rinse them and leave nothing behind on the coins.

and congrats on the finds.

 

Thanks for the story- it really is rewarding to find good stuff in rolls... of course I didn't mention the 1,000's I'd gone through with nothing in them, but it's the good finds that drive me on.

 

Thanks gatzdon! Thanks for the advice, too; if I were keeping them all I might clean them but I would rather sell them with a note that says they have minor prints than clean them and have to mention that when they're sold.

 

Hello everyone,

I have been searching some nickels rolls this weekend, nothing special but did find one foreign 20 Cent Singapore Coin, 1986. Pretty cool. Here is a picture of it:





Hope you enjoy the pics.

Regards,
S

 

And I've seen plenty of proofs that I pulled out of circulation, I removed the fingerprints only to see them come back later because they have already etched the metal. Of all the proofs I've found, the ones that I believe were fresh (meaning very recently cashed in) are the only ones to have the fingerprints not come back.

Since AgCollector indicated he's going to sell them, then I strongly oppose doing anything as you never know what the coin will look like in a couple months and that's not the kind of experience you want to pass onto a fellow collector.

 

I did quite well at the coin show today. I took my 40% and 90% halves and went to see Mr. H. There were 2 people in front of me because Mr. H does more buying than selling. I asked him how much he was paying for 40% halves and he said $47/roll. That gave me $423 credit because I told him I would trade for gold instead of him having to write me a check (like always). I asked how much he wanted for the 1/2 oz. GAE and he told me he'd give it to me for $465. I thought that was quite fair but I was $42 short I asked him how many 90% halves would I have to give to do this deal and he gave me 90% halves credited at 11.7X face so I had to give up $4 (8) 90% halves. I didn't want to give up any 90% halves but I gave the most worn I had. I have never sold any of my 90% but it was worth it today. Total transaction:

(180) 40% halves + (8) 90% halves = 188 halves - All gotten at face value

JOEY'S TOTAL COST= $94 for the 1/2 oz. coin pictured below. Sure helps my dollar cost averaging.

Now I start all over again searching for more 40% halves that I can trade for gold and I love it even with some frustrating days ~!~!~!~! I have alot more halves in my safe but those are mostly uncirculated or AU condition.

*~*Joey*~*

 

did 200.00 in nickels and found a 1920 buffalo with a good strong date.

 

OK all you odds-makers, it's been awhile since I took statistics, so I need you to check my math. What's the likelihood of finding a wheat showing on one end of a machine-wrapped and of course tightly-sealed roll? I know that question must keep a lot of us staring at the ceiling late at night. But here's how I have it. My experience says the likelihood of finding a wheat in a roll is 1/6. So that's my starting point. There are 50 cents in a roll and 2 ends, so the likelihood of a given coin ending up on an end is 1/25 (50 X 1/2). As the wheat reverse has to show on the end, the likelihood of that is 1/2. Therefore, provided my initial assumption is realistic: 1/6 X 1/25 X 1/2 = 1/300 = the likelihood of finding a wheat showing on one end of a roll. And of course a roll like that could be expected to garner a premium for you if you were to try to sell it. So, how'd I do?

 

FL_RacingGal,

That was a pretty good deal on the ½oz Gold Eagle.

Congrats.

 

There is one thing wrong with your equation, you are not calculating the number of Memorial Pennies in circulation vs the number of Wheatback Pennies in circulation. I would expect that if you could do that, you'd be a lot closer. I would guess the odd of finding a Wheatback at the end of a shot gun roll are over 1/1000. Then again I don't have all the num3ers

Oh also you would have to come up with a number of foreign coins, and proofs

Can you tell I watch to much Num3ers, lol

Regards,
S

 

I had that happen in my first box! Your telling me there was a premium for it? Ha, It was just a 50's wheat, but still.

 

I received the following message and just want to make one thing clear. I am a serious collector and I do like to joke, if what I said previously was taken anyway but, I apologize

Below is the response I sent back to the person whom will remain nameless.

Again if anything I have said has offended anyone, I truly do apologize.

Regards, S

 

Been there, Foot in Mouth and all.

The problem with text is there is no sarcasm font, there is no body language, vocal intonations, or any other cue to help discern a joke from insult.

It sucks to think one thing, only to have an independent person read the text a different way.

The good thing is that here on CT, everyone is pretty understanding.

 

Joey, how many times have you traded up too a gold coin? How long have you been roll hunting?