Discussion in 'Coin Roll Hunting' started by Penguin who like coins, Sep 24, 2021.
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Keep in mind that other collectors have been CRHing for many, many years which means that fewer and fewer worthwhile coins are in the marketplace. You will need to "kiss a lot of toads" before you hit paydirt.
You can purchase many rolls at your local bank. PLEASSSSSE do not fall for the ads that sell "Unsearched Rolls" there is no such animal.
He may be a toad , which means less coin rolling and....
Keep it simple. Do pennies. They're cheap, and there's a lot of cool stuff you can find if you're looking. Wheaties are fairly common, and by that I mean one every three rolls or so. Sometimes you find a really nice-looking, shiny old Memorial. S mint marks are also fairly common. And when you find a valuable penny, it's always worth several times face value. A common wheatie is 5 cents - 5x face. A pre-1930 wheatie even in worn condition is 25 cents. Yesterday my wife hit an Indian head penny worth $3 in worn condition - 300x face. To get that same multiplier with a dime, you'd have to hit an uncirculated 1996W, and good luck with that. Quarter? Even an uncirculated W won't be 300x face or $75.
Of course, if you're looking for total dollar value increase on what you hit, pennies are probably the worst. They're just a lot of fun, in my opinion.
If you have a lot of money to spare, go for dollar coins. There are a lot of NIFCs ("not issued for circulation") out there, and it feels kind of cool to score a coin that had a mintage below 2 million.
I find dimes to be bipolar. Most likely to be boring (all 50 go back into the roll because there wasn't a "keeper" among them), most annoying to search because their dates are tiny, but also the most likely to generate a silver coin.
Halves - they're hit or miss, hits are uncommon, and when you miss, you miss by a mile. Since nobody spends halves, you're pretty much hoping that you hit a collection dump or even an old change jar dump, but recognizing that you're far more likely to hit a "searcher dump". Rolls of all one common date are common in halves searching.
Nickels bring me an average of 1-2 "keepers" per roll. Same with quarters. And that's when I keep a lot more than what people on this forum seem to keep. I've never once found a silver quarter, and in the hundreds of nickel rolls I've searched, I've only come up with two silvers, three old Buffaloes, and six 2009's. I find myself keeping a lot more pennies.
I read an article that said 98% of all silver coins ever minted have been melted down in times past for bullion. So, mintage figures are no indication of likelihood of hitting silver.
you can just search every denomination, but sometimes it's better to focus on one, and get to know it well, like cents, then move on to nickels.
You can do it any way you want, but the statement is right, to start you need some coin rolls, without that, there is no hunt.
What's the point of putting circulated setS (plural) together? If you complete one, are there people out there who'd buy it for a worthwhile premium over face? I can see putting a single set together for yourself, or perhaps for your kids or people you care about, but do people sell these for a worthwhile amount?
As far as selling the set, Meh, you'd probably lose money on it in a lot of cases with the cost of the album/folder. There's also nothing wrong with popping them all out and turning them in for face value later and starting over on it. More of a side project for something to do to have a goal besides trying to find something that can be sold.
As far as plural set(s) I meant more like a set for cents, one for nickels one for dimes ect. not putting together a half dozen state quarter sets or something like that.
The point was it's mostly a goal to achieve, something to do as a by product, in order to keep motivated into looking. I've been roll hunting for decades now, finds of value are few and far between. in the late 1980s and early 1990s. silver was more common to find than it is now in 2021. most coin roll finds might net you a dollar or two or five, but you'll be looking through thousands of coins and finding nothing, to find the one here or there that has a value over face.
There's stuff to find out there somewhere, just my opinion that there's a whole lot of nothing also and it can get discouraging so putting together a folder of the best examples you can pull while hunting, gives it purpose and reason to continue and keep looking.
So many new hunters come on here and ask again and again, "is this something?"
it's like that, finding something above face value is hard now. in the early 1990s, in a year I could put up a couple rolls of silver quarters and dimes each easily, some years as many as 10 rolls of each if I worked at it and stayed on the hunt. I haven't seen anything like that or even come across a whole roll of silver in at least 20 years. Even with half dollars, most of my finds are now 40%ers, if even that appears and that's few and far between finds.
the most successful coin hunters have all the information at their fingertips, spend a lot of time hunting, and really know what they are looking for. the knowledge is everything, then staying at it is the other part of it.
Very good advice. Buy what you like, and keep what you like/ need.
I've never bought a coin even considering what I could sell it for? I collect what I like and/or what I need to fill in a blank spot in my collection (and, of course, within my price range). I collect for the fun of it (my "hobby") I have no intention of ever selling, so, I don't concern myself with what I could sell it for.
Can’t say I’ve ever bought a coin with resale in mind either.
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