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Coin value vs. time of sorting through loose change.
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<p>[QUOTE="weber216, post: 1024005, member: 27792"]Thanks everyone for taking the time to respond!</p><p><br /></p><p>First, I am pretty "frugal" when it comes to spending money and would be using a machine at my credit union to exchange my coins for free. I was using "coinstar" as a generic name :foot-mouth:</p><p><br /></p><p>Gary, you sound very knowledgeable on what to look for when sorting. I'm far from being educated on what dates or other markings makes one coin more valuable than another. I enjoy treasure hunting when I know what to look for, but I fear I would have to have a book next to me and look up each individual coin (taking a lifetime to sort). As far as my own collection I guess I find errors more interesting than a penny that looks the same as millions of other pennies with the exception of the mint mark. In that case I would be more interested in getting fair value and passing it on to someone who finds rare mint marks most interesting.</p><p><br /></p><p>Is there an "easy" way to sort coins while looking for specific details? What is the probability that I will find enough coins to make it worth spending all the extra time inspecting them? If 1 hour of sorting quarters only nets me a few coins worth $3 over face value I think I'll just let the machine sort it. On the other hand if sorting 1 hour nets me $10+ over face value I would consider spending the extra time.[/QUOTE]</p><p><br /></p>
[QUOTE="weber216, post: 1024005, member: 27792"]Thanks everyone for taking the time to respond! First, I am pretty "frugal" when it comes to spending money and would be using a machine at my credit union to exchange my coins for free. I was using "coinstar" as a generic name :foot-mouth: Gary, you sound very knowledgeable on what to look for when sorting. I'm far from being educated on what dates or other markings makes one coin more valuable than another. I enjoy treasure hunting when I know what to look for, but I fear I would have to have a book next to me and look up each individual coin (taking a lifetime to sort). As far as my own collection I guess I find errors more interesting than a penny that looks the same as millions of other pennies with the exception of the mint mark. In that case I would be more interested in getting fair value and passing it on to someone who finds rare mint marks most interesting. Is there an "easy" way to sort coins while looking for specific details? What is the probability that I will find enough coins to make it worth spending all the extra time inspecting them? If 1 hour of sorting quarters only nets me a few coins worth $3 over face value I think I'll just let the machine sort it. On the other hand if sorting 1 hour nets me $10+ over face value I would consider spending the extra time.[/QUOTE]
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Coin value vs. time of sorting through loose change.
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