Today is payday! I've decided to spend $100 on coins from the bank. Im new to coin collecting and I would like to expand my collection the cheap way. What should I get for my first time pennies, half dollars, or nickels? Any suggestions? Thanks
What do you like best? What do you like to collect? For me I have some penny, nickel, dime and quarter harris albums for current dates. I am only using my change to fill them, but having fun trying to. Basically buy what you would have the most fun collecting and looking at.
If your bank has half dollar rolls, buy them and search them for silver (1964 or earlier.) Then, return the ones that aren't silver to the bank, exchange them for new rolls, and start again.
hit the old county banks I often go out of the city and find old mom&pop(bank of Athens) not a branch bank like Region banks.CTI. *credit union are good also they have the best rolls of anyone
......yes! BUT, don't turn them in to the SAME bank! this will turn them off to you and your ventures. been there-done that!!
I would probably collect half dollars because I like larger coins and some of the dates from the 1980s are relatively scarce and might be valuable in the future. Second choice would be nickels because you can still find many older dates in circulation.
Halfs or Nickels, and can return them for more to search through. There are still silver halves around and Nickels are just such an old design. Ruben
Like Ruben said, halfs and nickels are your best bet. I sometimes go in and ask if they have any old rolls of halfs. Once she brought out a roll still mint sealed with a date stamp from the 60's on it. I was pretty excited even though they all turned out to be 65's. Guy~
and ask the teller for rolls from customers, not rolls from other banks or the fed. You know, Rolls that the general public has turned in.
I'd say nickels and cents, mostly nickels. If you can get halves, get 'em, lol. Keep anything 1970 and before with the halves, and nickels everything 59 and before. Good luck! Phoenix
I would go with nickels or half dollars. I find older dates fairly often in these, and it makes me think, what has this coin seen? It also gives great satisfaction to find a silver half or nickel.
Thank you guys! On my lunch I purchased $50 in halves and $50 in nickels. I had a few minutes on my lunch to go through the halves and one roll of nickels. So far no luck :-(. A lot of 1971 halves and 1 1964 nickel. I'll post my findings if anything good shows up! thanks!
If you're looking for silver, don't get your hopes up. As I've stated many times here, everybody and their brother, (besides collectors and banks), have sifted through our circulating change for the last 44 years pulling out the silver! There's been thousands before you. Not to mention that the change is getting diluted with billions of newly minted coins every year. One guy on here has posted his findings out of the halves he's searched over the years in his sig line. Over 1100 rolls. That's over 22,000 halves!!! He says he's found *1*- 90% silver and 20- 40% silvers. So you're looking at roughly 1 in 1000 you might find a 40%. Key dates or die errors......your chances are even less. I'm just saying, there's no point in being disappointed about not finding anything after searching 1 roll. Over the last several years, I've saved up several hundred dollars in quarters in a change bank and never had one silver show up. I look at all the change I get. I get 65s, 66s and 67s in change on almost a weekly basis. It is not a coincidence that a 64 or earlier never shows up. In 1964, they minted 1.2 BILLION silver quarters total. And yet it's nearly impossible to find one that's not in a 2x2 selling for $4. Or any of the other billions that came before it. Yet there's an abundance of similarly minted 65s, 66s, and 67s still in circulation everywhere I go. Personally, I would have found a $150 coin I liked, talked the seller into letting it go for $100, kept it forever, and been done with it. But that's just me.
I've went through about 10 rolls of nickels so far... here are findings for the first 10 rolls 1941,1946,1958,1954,1958,1959,1947,1951,1960, and a 1957 that has some yellow to it. I'll add more as I go
Meanwhile there are 53,000 page views in the interesting finds thread so we should allow folks their pleasure Ruben
I just figured somebody should let him know what he's in for and that I hope he really enjoys searching through coins. Sure, anything can happen. But the odds are so pitiful at this point, that he should know that. IMO, the change supply has been pretty much plucked clean over 44 years. Are we still going to be searching in another 20 years after trillions more pieces of change have diluted everything? At what point can you safely say that there isn't much point anymore? 50 years from now? It's more likely now that you would find something that somebody recently spent from a collection than anything that's been left in circulation. Far more likely. If I was going to do it, I'd probably stick to pennies. People don't know anything about them and I'd guess it'd be more likely they would leave the key dates.
