BU Rolls and Rolls in General.....

My mom took me too the bank today so that i could go and get some coins to add to my collection...i brought 33 jeffersons that i had looked over and found no use for so i decided to trade them in for 33 DDIFFERENT jeffersons....i just went through them and only found like 3 that i didnt have i my collection....what a pain...and i know that in coin collecting you must be patient....but i really just want to BOOST my collection and find some fast, not too expensive ways to invest in some GREAT coins....I need some ideas...Now for the reasoning for the title of this thread....are BU rolls a good way to get up my collection? Where can i get them? What do the prices consist of....I like nickels....pennies are ok too...iam right now just kinda working on some smaller cents....mainly because iam just starting out.....

Also while i was out....i bought 2 rolls of pennies...just regular...but again only found one penny that was worth keeping....i need some tips that are gonna help in a BIG WAY! ALL HELP IS ACCEPTED>>>>

 

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It all really depends on what you are collecting.
for one thing your not really going to find BU rolls of older coins at the bank...

If you are only collecting BU coins you will be in for an impossible task finding older dates from rolls you find at the bank.

If you are collecting circulated coins you will have a much better go of it. The best advice i can give for roll searching is to purchase as many rolls as you can.

When i go to the bank for nickels ( I mainly search nickel rolls as i have already assembled a complete clad collection of dimes from roll searching ) I purchase about $200.00 in rolls of nickels, out of that group of nickels about 30% are from the sixties or earlier, I feel very lucky if i find 50 nickels form the forties or thirties ( thats out of 4,000 nickels )

Sometimes i go through ten rolls before i find a single nickel that i need for my collection

for war nickels ( silver ) i was so happy to find ONE silver nickel, and i have searched about $1000.00 worth of nickels!

Its kind of like the lottery

so the real trick is patience. and lots of it. also realize that you can search through thousands and thousands of dollars worth of nickels and still not find a 1950-D nickel.

hope this helps... remember.. patience

 

thx for the reply...i wish that i could go through 200 dollars worth of nickels if i had that much money...i only get 10$ of allowance a week.....so....lol...but thx for the reply....anyone else?

 

$10 in allowance per week, huh? Want a trick that'll help you save some money AND find Jeffersons?

Go to the bank and buy 5 rolls of circulated Jeffersons. That's $10. Look through them and find a couple you want, and replace them with nickels from pocket change, so that you always have no less than $10. Next weekend, trade in your $10 in nickels PLUS the $10 you got from your allowance for $20 in nickels. Search them, remembering to always keep no less than $20 in all the rolls. Then NEXT week, trade in the $20 PLUS the next $10 for $30 in nickels.

Not only are you technically saving money by keeping up this, but you are exponentally increasing your chances of finding good coins. When you get $100 worth, just go into the bank and ask for 1 BOX of nickels. Usually, you'll find quite a few good things. I usually average 2-5 silver nickels, and 40-60 nickels from 1959-earlier PER BOX!!!

Keep it up, and in no time, you'll have a lot of money actually saved, and you'll have that Jefferson set looking well on it's way to completion. It took me about 3 months of doing exactly this to completely finish a BU Jefferson nickel set (including the 1950-D in MS-63).

Best of luck!
~AJ

 

You’re going to be a nightmare for the bank teller.

Grandparents, relatives and any friends of your parents that save change for long periods of time are coin gold mines. I found a roll of early 1960’and white pennies, all AU. When I was a kid.

 

ajm,

what a good idea...i love jeffersons too.i plan on doing that.what should i do with the jeffersons as storage goes....back and forth and where to store the ones i plan on keeping...should i put them in 2x2's? if so how much do 2x2 flips go for?


anymore ideas are welcome....

 

2x2's are a good storage solution for coins that stand by themselves. For instance, if you have only one Barber Quarter or one Mercury dime, storing it in a cardboard 2x2 is a good option until you get more of them. For a big set like you are going to have soon, I would recommend getting a couple of the Whitman Jefferson nickel folders. They're like cheap albums that have a slot for each year and mintmark that the Jeff's were made. They're usually a couple $3-$4 at a coin shop.

If you want something that looks even nicer, protects better, and I think, holds up better, you might want to invest in a Dansco Album for Jefferson nickels (with or without proofs - probably without for your collection). They run about $25, though, so you'd need to do some saving before you get it.

What I used to do, too, is I got a couple coin tubes ($0.50) for nickels, and stored my collection in there until I had most of the needed coins for the set, then bought a Dansco album to put them all in when I got more money to buy one.

Again, good luck, and let me know if there's anything else I can help with!
~AJ

 

how did you complete a BU set from rolls? that seems impossible unless someone spent a coin collection!

I have talked to people that have been searching for years and have never found a 50-d in circulation! the only war nickels i get from rolls are very fine at best, usually good. i would fall off my chair if i found a BU war nickel in a roll

you should buy lotto tickets!

 

thanks for asking this question Peter

 

ajm....again thanx..what a help...yes i do have some whitmans for nickels...but only 96' and current iam gonna have to buy some later date books...thanx for all the help again...

more tips are welcome..even though i have had alot of help already....lol

 

I go by the bank on base every couple of days and buy $10 worth of nickels, search and reroll. The teller sees me coming and gets them ready. Today, found an AU+ 1958-D and an Indian Head with the date worn off. Nothing exciting, but still fun.

 

tony,

Where can u buy roll wrappers?.....i would be less of a hassel for the teller if i re rolled....lol

 

Welcome to the forum!
You can get a pretty cheap do-it-yourself re-roller at Wal-Mart in the Office section.
SM

 

Ask the bank tellers. I usually just explain to them that I collect coins, and am looking for nickels, and I tell them that I need to re-roll any nickels that I don't need so that I can return them. They've always been very helpful at giving me a stack of wrappers.

And as for putting together a BU set from rolls - yes, I did it, although you're right, I think someone spent their Daddy's coin collection because 6 the War Nickels I found were in two rolls with the same account number written on them.

~AJ

 

stop motion,

iam not so much looking for a reroller but thx anyways...ajm...again what can i say you always have a solution or an anwser...iam gonna ask for some paper rolls...thx ALOT....appreciate it...

 

The 2x2 will almost cost you as much as the coin if you collect Nickels...

Speedy

 

walmart sells bags of roll wrappers

 

I don't know how much they are where you are, but they run $1.50 for 44 here.

 

You can also get them at any office supply store.

I asked my bank once and they don't want me to return the coins in a wrapper. They just break it open and count them in the machine. Some days I make an extra few cents, some days I loose a few. I must say the machine is sooooooo accurate that I trust every thing my bank gives me.

 

Absolutely right, which is why I MEANT that they're a good storage solution for if you have 2 Mercury dimes, or a silver quarter, or ten or so wheat pennies. There's no sense buying a whole book just for these. I would just as soon put them in the 2x2's and hold off getting a Dansco album or other nice similar storage device until it was worth it to do so. I put my buffalo nickels in 2x2's until I had about 20 different dates/MM's, and I just last week bought the Dansco for them because I felt the investment was then "worth it" to me.

That's a long way of saying "Oops, I forgot to elaborate," but I am sorry for the confusion!

~AJ