I've done a lot of reading on here and understand most of the advice,but I'm going to my bank which is BofA to get some coins to search. I have about $300 and wanted to know what rolls I should ask for? Maybe a variety of different rolls, and which ones? Thanks in advance. Steve
I guess I'd look for the obvious silver in dimes and halves, but would also look for key dates in pennies (tedious, I think) and nickels. I don't know enough about errors etc. but I'm reading and willing to learn.
You're much more likely to find silver in halves than in dimes for a few reasons. Since halves circulate a lot less than other denominations they aren't as thoroughly picked clean of silver already. Due to the unpopularity of the denomination, they are also more likely to have been saved; during a recession people look for coins they have lying around and turn them into banks/coinstar, making them more likely to turn up now in rolls. Also, while many people know to look for pre-1965 for 90% silver, not many know that kennedy halves were 40% silver for 1965-1970 as well.
Ok Jaelus, thx. I'll swing by my bank and maybe a couple of others and ask for any halves that they might have. I believe just finding a few loose rolls might be just as difficult as finding any silver in them, but we'll see. Btw, I bought a Baggie of 500 wheaties several years ago and still haven't gone thru them to check their dates. That could be interesting as well. Steve
Halves - upside is sometimes you can have a big score, downside is that they can be tough to get and possibly already searched by others. Quarters - they seem pretty picked through, though in the past year I've gotten 1 silver in change, and another one from a bank teller. I live in the city, where there's always the need for quarters for parking meters, laundry, etc. Dimes - upside is that they're so small that a silver one will pass through many hands unnoticed. I check my change religiously and I nearly spent a silver dime a few weeks ago. The big downside to dimes is that they're tedious to look through: tiny dates and not a lot to look for outside of silver, proofs, and a couple of rare errors. Prepare to get your hopes dashed finding silver-edged coins that turn out to be foreign. Nickels - fun to search, lots of possible treasures (war nickels, buffaloes, early key date Jeffersons, low-mint 2009's). Probably your best shot at finding something interesting, though finding a coin worth more than a buck or two is rare. Pennies - also fun to search, and wheaties are still common enough that you'll get 1 every couple of rolls. There's also a lot of errors that can be valuable if you've got a good eye. You can get a lot of them for a small amount of money, obviously.
I do alot of error hunting in quarter rolls, good errors sell for $10 to $15 dollars, minor errors get $1 each, I slab and label them and sell them as a lot for people to resell at flea markets, my best find was a mint state kentucky improperly annealed sintered planchet worth $150 graded, I was thrilled to get $75 ungraded for a quarter I paid 25 cents for ! A roll of bicentennial quartes sell for $20. I get about 12 errors per $100 in quartes only found 1 silver out of thousands of quarters
Coin shops sell wheat pennies for $75 for $25 worth. Thats 3cents each or 1.50 a roll Take out all the good dates and errors Slab the errors for a resale lot Keep all s marks separate Roll teens Roll 20's Roll 30's Roll 40's Roll 50's Sell the rolls You should double your money
