Roll-searchers, post your results!

Discussion in 'Coin Roll Hunting' started by chicken_little, Oct 24, 2005.

  1. Treashunt

    Treashunt The Other Frank

    zeke:
    they buy in large quantity because they order them (rather have the bank order the coins) from the Federal Reserve and that is the face amount of the box.
    You can't order less than that from the Fed.
     
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  3. afm1982

    afm1982 Miami has the Dolphins...

    About the boxes of rolls:

    I have only been box busting for a few months now, and have been sticking to half dollar boxes. In the beginning it was great. I pulled a few walking liberties, half a dozen franklins, and a myriad of 64-70 Kennedys. Because of other bills to pay, and the size of my paycheck, I can only get a box of halves once maybe twice per month. However, I don't know if I'm going to continue doing it. The last 3 boxes I got had absolutely nothing special in them.

    It's quite odd that I would hit 3 duds in a row. The teller at the bank says no one else orders boxes but me. Also, I don't just turn in the coins after searching through them. I spend them all over town, and if I'm desparate for bills and must turn them in at a bank, I never goto a branch of my bank. I would always take them to another bank's branch.

    What's more perplexing is that I live in a fairly good sized city (orlando). I would think there would be enough flow of halves that I would hit pay dirt at least once per box.


    Any thoughts from the peanut gallery?
     
  4. Pocket Change

    Pocket Change Coin Collector

    Well, you've probably cleaned out your source. It really doesn't matter what bank you take them back to.

    When you take them to any bank, a big armored truck comes and picks them up and takes them to a more centralized location. There are far fewer of these than banks. Brinks comes to mind.

    In other words, the coins you turn in don't go back to the mint or the Fed. Reserve or wherever. In my part of the country, they go back to Brinks. We have at least eight different banks in town here and you can bet the coins don't go to eight different places.

    You got your share in the beginning and were lucky because it sounds like you tapped into a small area that had been unpicked. You'll still find stuff, but more along the national average. Time to move to another part of the country!!!!
     
  5. Coinman1974

    Coinman1974 Research, Research, Research

    Are going to the same banks over and over? If so, open small accounts at other banks and order from them, or run down there supply:thumb:

    Regards
    S
     
  6. zekeguzz

    zekeguzz lmc freak

    buying rolls of coins

    Now I know who my competition is and also my cointalk friends. Thanks for sharing what you know and do.
    Small tips can be worth big bucks, corny.
    Oh hey, I'm using the Whitman coin folders and the coins are miserably hard to fit in. Is there a gadget that I can get to open the slot just enough to fit in the desired coin or do I have to just keep on using a reject coin? zg
     
  7. afm1982

    afm1982 Miami has the Dolphins...

     
  8. TheNoost

    TheNoost huldufolk

    The gadget you are refering to is called a hammer :hammer:. A wooden dowell a little bigger and sharply tapered is an idea I have been contemplating but not yet tried.

    Hole in whitman here

    O
    __
    / \ greater than 45 degree angle sanded away
    | |
    | |
    apply hammer and presto! correct size hole.


    Just be sure not to make it too big as coin will fall out.
     
  9. davidh

    davidh soloist gnomic

    Wood will actually scratch metal. I use a short 1/2 inch nylon rod which I turned on a lathe and cut flat and smooth on one end.
     
  10. GDJMSP

    GDJMSP Numismatist Moderator


    Eventually all coins are returned to the Federal Reserve banks - there are 12 of them nationwide. But before they get there the coins go through several other hands. It can be armored car services like Brinks & Wells Fargo and larger regional bank branches. Every banking company has regional banks that all the small branches send their excess cash and coins to.

    To really find out what you want to know, go talk to your branch bank manager, tell him why you want to know. He should be able to help you - if he wants to.
     
  11. TheNoost

    TheNoost huldufolk

    Sorry, I was not clear. No coin involved. Just using the wood to open up the hole a little before putting in the coin.
     
  12. davidh

    davidh soloist gnomic

    OK, got ya.

    I use the nylon thingy to save my thumbs and prevent fingerprints.
     
  13. vegasvic

    vegasvic Vegas Vic

    I always go to small town banks. They don't seem to get enough halves to return to fed and are more than happy to get rid of them. However, as I requirement several times I've had to promise not to bring them back to them. So I return them to my own bank and then never buy halves from them. I figure I've already through them. Also small town banks have more people in their community you are seasonally employed and dump coins for cash. Also seniors who are having to get rid of hoards. So since the banks hate halves as do retailers, so I don't have a problem finding them.
    Vegas Vic
     
  14. TheNoost

    TheNoost huldufolk

    Another box of cents

    1/4 of bag coppers

    Wheats
    41
    50 d
    2X53 d
    56
    58 d

    Canadian
    05, 96, 94, 93, 2X91, 89, 2X87, 83, 3X84, 2X83, 82, 6X81, 80, 79, 78, 69, 68, 65, 3X64, 54, 52, 49, 46, 45

    Hope I can turn my luck around soon. FYI, I don't check the 83 and down. Just filled, and I mean filled, a mint bag and will search this winter.
     
  15. zekeguzz

    zekeguzz lmc freak

    grade cents

    Hey everybody when you list pennies as you just did are they all high grade like VF-20, EF-40 or better?
    Also, has anyone found a rotation error on a cent? How can it happen? zg
     
  16. TheNoost

    TheNoost huldufolk

    No, I post whatever I find. Even if i find one where i can't make out the date I put can't tell date by it for wheaties.
    I think rotations can happen 2 ways.
    1. incorrect installation of the die where the obverse and reverse do not line up when the coin is struck.
    2. die becomes loose and then moves a little as each coin is struck.
     
  17. Coinman1974

    Coinman1974 Research, Research, Research

    I list all I keep as well. Which includes all foreign coins, wheats, and any coins that are in a high grade condition from 1960 on ward. I also keep all 1959 pennies due to them being the first year for the memorial. I do check for errors, but have not had the best of luck. I need to read a lot more on errors to start finding some as I am sure I have missed a few here and there.

    Regards,
    S
     
  18. zekeguzz

    zekeguzz lmc freak

    You've given me much hope. I didn't beleive there was any cent out there like thatg. zg
     
  19. Rhubarb

    Rhubarb New Member

    Coinman

    You seem to be doing well with the boxes. Have you checked the coins found for varieties and error's? There is more money envolved if you find one. That's alot of boxes:hail:
     
  20. Coinman1974

    Coinman1974 Research, Research, Research

    Sadly I have not really for a few reasons. One eye sight is poor and I do not have the right equipment to detect the small errors that are on most coins, right now anyway:).

    I am looking for the more obvious errors, but thus far have come up empty.

    If anything I am considering putting together sets to sell at flea markets or something at low prices, as i am not in this hobby to become rich, but would love to pass the joy on to the next generation as well. I think a mostly complete set of Lincolns for $10.00 or less. The most expensive thing would be the Whitman folders, and of course putting them in there. Then again i have been thinking of that for awhile and have never done it. lol.; Who knows maybe once I am gone my family will find a bunch of high grade "OLD" pennies, lol.

    Regards,
    S
     
  21. zekeguzz

    zekeguzz lmc freak

    Dimes--matte Finish?

    Going thrugh a stack of dimes I find that there are dimes with a matte like or brushed finish on the obverse(
    heads) side. What's this all about? I don't know anything about this. Will I have to start a new folder for these coins? zg
     
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