Buying Boxes Of Coins

Discussion in 'US Coins Forum' started by Stop Motion, Apr 16, 2005.

  1. The_Cave_Troll

    The_Cave_Troll The Coin Troll


    mostly silver.


    When I order halves from my bank they make me order $1000 at a time (and I agree not to return them there; in fact I return them to a different bank that refused to order them for me out of a desire to avoid having them all returned there [evil grin]). I regularly find 1964-1969 Kennedy's, plus I've never opened a box and not found at least 1 Franklin or WL half. One box yielded 50+ silver coins including 4 Franklins and 5 WLH's!!

    Also, I have a date set that is all AU or better for the Kennedy series that I've collected from circulation; its amazing how nice a set you can put together when you search 3 or 4 thousand half dollars. I also pull any 1970, 1987, 2001, 2002, 2003, 2004, 2005, or proof coins ("S" mint marked) I find.

    I know my Dad is a little less picky. He has a mintage number (I can't remember it off the top of my head) but any of the dates (about the 10-15 "scarcest" dates) that he finds that have a mintage less than his "magic number" then he will keep those too.

    I know there are a number of DDO's in the 1971-1974 coins, but I just don't have the patience to search for those in circulated coinage, as the value doesn't justify (for me) the strain on my eyes and back (from leaning over coins with my loupe).


    BTW, my wife and my banker think I'm nuts, but as long as I have the time and its still fun, I'll keep doing it.


    CJD
     
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  3. GDJMSP

    GDJMSP Numismatist Moderator


    Isn't that a prerequisite to being a coin collector ? :D
     
  4. The_Cave_Troll

    The_Cave_Troll The Coin Troll


    Well, sometimes choosing a bank must be based on more important factors than will they order me all the rolls of coins I want.

    Now that I've found a bank that will cater to my wants, I appreciate it, but I certainly remember the not-to-distant past when I didn't have the luxury of a near-by bank that was willing to order me rolled coins.

    BTW, I was able to get 30 2005D Nickel rolls today. They are wrapped in a kind of shrink-wrap plastic and the teller said that was how they'd gotten them from the FED. Anyone else had this same thing? Do collectors pay the same for rolls in plactic as rolls in paper? Is it true that all the "Speared Bison" nickels are coming out of a small part of Texas and so I probably have not chance of having one (since I live in Chicago)? Anyway, here is a pic of the rolls.
    [​IMG]
     
  5. Speedy

    Speedy Researching Coins Supporter

    I have heard that the Speared Buffs are the D's but I didn't hear that they are coming from TX---you might want to look at the ends of the rolls and see if there is any.

    Speedy
     
  6. crystalk64

    crystalk64 Knight of the Coin Table

    So far all the Speared bisons were found in Texas but that doesn't mean they won't turn up elsewhere. Just according to how many were made with that die and where they were shipped to from the Federal Reserve. Actually it would be rather strange if some didn't turn up elsewhere. Lots of folks ARE NOT busting their rolls open so it could be years before any kind of total can be figured out. Wouldn't mind having one as this will probably be the "buffalo" of the 2005 buffalos and will fall into the same catagory of the 37D three-legged buffalo years from now! I am just not willing to give a $100 bucks for one at this time!
     
  7. Speedy

    Speedy Researching Coins Supporter

    I saw a nice 3-legged Buff the other day but I didn't feel like spending $750.00 for it!!!!!

    Well---school break is over

    Speedy
     
  8. jd3681

    jd3681 Senior Member

    thanks for the input cave troll,

    thats kind of what I thought. Luck was on my side as far as finding a bank today. I went in to the bank right around the corner from my house and the gal who orders the coins told me I could get as much or as little as I wanted. She even said I could return them their.

    Thing is, I don't even have an account their. Well, at least not until next week when I have the time to open one. good hunting.

    JD
     
  9. jimmy-bones

    jimmy-bones Senior Member



    Cave Troll was right on! I swear he must be be delaing with the same Bank as I. I also typically pull the silver, and you would be surprised the number and quality of Frankins one can find. For me, now that I've fininsh a date set, every $1,000 yields approx. 20-40 coins worth keeping (Franklins / Walking Liberties, and Kennedys 1964-1970). I also keep my eye out for the cherished 1974-D DDO. (Haven't found one yet, but I will!!). The 1987s (issued only in mint sets, and 2002-present (not issued in circulatilon) are kept in mind when I search and I have pulled a few of each. Every once in a while I will find a mechanically doublied coin, specifically the 1996-p (which I just learned form this forum isn't worth much- see my post/pic under error coins). They are typically hard to spot, so I only find one's that you can see with the naked eye. Proofs are easy to spot, and I have pulled quite a few over the years! . And then, I pull anything else that falls through the coin sorter at the Fed. Over the years I have found several gold, copper, and zinc plated Kennedys, a church medal, and some silver Canadian Halves. The coolest find I had was a Columbian Expedition "box coin". When I opened it, there was a photo of a little girl inside, I would guess from the early 1900s. Good Luck to you. I decided ordering halves form the bank so me and my son could spend some time together going through the coinsand building our collection.......at face value!!
     
  10. jd3681

    jd3681 Senior Member

    I will show my ignorance here!!! I don't think I would know a proof if I saw one. Can you give me an overview?
    I had enough on my for a few rolls today (can't afford to buy a box) pulled a 68. Nothing great, but enough to keep my coming back. My son is looking into the nickels (as well as canadian coins) He spent 10$ on rolls. Kind of interested to see what he finds when he gets out of school. Any key dates he should be on the look-out for?

    Thanks for all the great input so far.

    JD
     
  11. jimmy-bones

    jimmy-bones Senior Member


    The proofs will have an "S" mint-mark, but it can be hard to see if looking quickly. What draws my eye is the mirror like background on the coin., contrasted against the frosted portrait. Even a proof that has entered circulation can still exhibit this mirror effect. I have found some pretty well circulated proofs, but they all still have a dull mirrorlike quality.
     
  12. Spider

    Spider ~

    i think i should try this half dollar thing, sounds like a good deal to me
     
  13. Rabone

    Rabone All around nice guy

    Yes, plastic wrapped rolls are now standard issue for new coins. However, the rolls do not come from the FED. Never did. All rolling of coins (INCLUDING the rolls that the US Mint sell at a very high premium) have been machine rolled through a contracted 3rd party vendor. The US Mint nor the FED do not handle the coins to get them rolled.
    I get my rolls through my Credit Union, and they have to order their money from a local bank, who gets it through an amored service after they rolled it, who got it from the Mint. I told the head cashier/vault attendant (they wear double hats here!) that no more plastic rolls for me. So if the bank sends her plastic rolls, she uses them in the cash drawers.
    Anyway, a lot of words to say Yes, plastic rolls are getting more and more common.
     
  14. DavidFerguson

    DavidFerguson New Member

    I was just upfront and honest with my bank about me being a coin and bill collector who like to spend down time searching for mint grades, errors and varieties in coins and bills. So after a few trips of circulating well over 15 G in the past couple years. My bank told me best thing is to put my orders in on Tuesday the day before they do their orders and they will get them at no extra cost as they need to keep so much on hand.
     
  15. Michael K

    Michael K Well-Known Member

    14 1/2 year old last post before today. I SMELL A NECRO THREAD RECORD.
     
  16. DBDc80

    DBDc80 Numismatist

    Oh shoot....just a kid, just a kid! :woot:
     
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