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<p>[QUOTE="therocktjb, post: 1655763, member: 43258"]This below is by no means a perfect example of what a proper essay should look like; however, it is easy to read, informative, has a good flow, etc. </p><p><br /></p><p><br /></p><p><br /></p><p>Numismatics or collecting of coins and currency is a long standing hobby of many people across the world. Ranging from ancient coins of Greece to modern day gems such as the American Silver Eagle, the collecting of what most consider simple pocket change is a vast and enjoyable (albeit addictive) hobby. One facet of this hobby is the searching through rolls of coins aptly named Coin Roll Hunting. With the hobby being quite expensive at times, Coin Roll Hunting (CRH) is one of the most inexpensive ways for a collector to add to their collection. Each collector has something specific that they are looking for; there are many different denominations of coins, possible errors, precious metals such as Silver and Gold, and even the coins that are no longer used in day to day circulation. It is worth noting that while coin roll hunting that it is possible to find many gems in the rolls, it is highly unlikely and a rarity that someone will find anything more than standard coins while doing so. The basics of what to look for when searching through the common denominations of coins are discontinued designs, errors and low mintage years, and coins that contain precious metals. </p><p> </p><p>The average lifespan of US Coins is 25 years, this is the legal amount of time a coins design must be minted, which is not to say that there are/were designs that have lasted longer such as the nickel which ran from 1938 to 2004 before there was a change, or in the case of the Franklin Half Dollar that only ran 16 years. When picking up a roll of coins, there are a few different types to look for. The “Wheat Cent” that was in circulation from 1909 to 1958 is one of the most commonly collected coins, and can still be found in circulation. There are dates in the series that are more valuable than others due to low mintages, but just finding one in a roll is a find in itself. The “Buffalo Nickel” is another highly collected coin; it ran from 1914 to 1938 and is easily distinguishable with the Buffalo and portrait of a Native American image on the coin. The “Mercury Dime” was in circulation from 1916 to 1945, the “Franklin Half Dollar” from 1948 to 1963, the “Standing Liberty Quarter” from 1916 to 1930, the “Barber” series of coins consisting of a dime, quarter and half dollar design that ran 1892 to 1916, and the “Indian Head Cent” that ran from 1859 to 1909. There are many other designs of US coinage, some more popular among collectors than others, but those listed are the most likely discontinued designs that are likely to pop up in a coin roll from time to time. </p><p> </p><p>When it comes to errors on coins, there are multitudes that are considered within the numismatic community to be legitimate or hold a premium value. Doubled Die stuck coins, struck through grease, clipped coins, re-punched mint marks to name a few. When examining a coin for errors, it is imperative that a loupe or magnifying glass is used to closely examine the coin. There are a few “notorious” Doubled Die errors: The 1955 Wheat Cent and the 1995 Lincoln Memorial Cent. Both of these errors command a pretty penny (pun intended) when it comes to their respective values. Condition is also a factor for an error coin, as it is for any coins value, but errors will always be worth a bit more due to the error. With a clipped coin, close examination is paramount to insuring that it is a legitimate clip and not post mint damage that someone had done in their garage with a pair of pliers or tin snips. A clipped coin will have generally a semi-circular clip taken out of it, and a coin of the same denomination will fit into this empty space seamlessly. Re-punched mint marks are one of the more difficult errors to find, this is due to their being a mint mark punched into the die and then another mint mark punched over it. Close examination will determine if the coin in fact has a re-punched mint mark. </p><p> </p><p>An often overlooked source of value when it comes to pocket change is those coins that are actually worth more than what their face value is due to the metal content of the coin itself. Every dime, quarter, and half dollar minted 1964 and earlier are composed of 90 percent silver, making them highly valuable compared to the denomination struck on the coin. Other coins that contain silver include but are not limited to: Half Dollars 1965 to 1970 contain 40 percent, “War Nickels” from mid 1942 to 1945 contain 35 percent silver, and Silver Proof Sets (dime, quarter, half dollar) minted from 1992 to present (NOTE: Most if not all dimes, quarters, half dollars from 1992 to present found in circulation will NOT contain silver. This will only happen if someone who owned a silver proof set broke it open and used the coins in circulation). The “melt” or “spot” value of these coins fluctuates with market conditions, but it is always a good find when a silver coin is found. Precious metals aside, cents minted 1981 and before were minted with 95 percent copper, and the value of the copper itself has surpassed the value of the coin by a margin of more than two to one. Cents minted in 1982 were a mix of 95 percent copper and 97.5 percent zinc. The only way to accurately tell the difference is to weigh them, with the copper cent weighing 3.11 grams where the zinc cent weighs 2.5 grams on average. While the metal value exceeds the face value, these coins cannot be melted down for their metal value. In time, this may change, but for now they coins can be hoarded until they can be melted, or spent for face value. </p><p> </p><p>Discontinued coins, errors, and even precious or valuable metals are all floating around in circulation. They can come in change from the local gas station, in rolls from the bank, or even in the vending machine. Coin Roll Hunting comes down to being able to identify these coins from the rest and getting them out of circulation and into a collection. Numismatics is a vast hobby, one that can be easily enjoyed on the smallest of budgets. The amount of money spent is all based on how the collector wants to go about finding the coins they want.[/QUOTE]</p><p><br /></p>
[QUOTE="therocktjb, post: 1655763, member: 43258"]This below is by no means a perfect example of what a proper essay should look like; however, it is easy to read, informative, has a good flow, etc. Numismatics or collecting of coins and currency is a long standing hobby of many people across the world. Ranging from ancient coins of Greece to modern day gems such as the American Silver Eagle, the collecting of what most consider simple pocket change is a vast and enjoyable (albeit addictive) hobby. One facet of this hobby is the searching through rolls of coins aptly named Coin Roll Hunting. With the hobby being quite expensive at times, Coin Roll Hunting (CRH) is one of the most inexpensive ways for a collector to add to their collection. Each collector has something specific that they are looking for; there are many different denominations of coins, possible errors, precious metals such as Silver and Gold, and even the coins that are no longer used in day to day circulation. It is worth noting that while coin roll hunting that it is possible to find many gems in the rolls, it is highly unlikely and a rarity that someone will find anything more than standard coins while doing so. The basics of what to look for when searching through the common denominations of coins are discontinued designs, errors and low mintage years, and coins that contain precious metals. The average lifespan of US Coins is 25 years, this is the legal amount of time a coins design must be minted, which is not to say that there are/were designs that have lasted longer such as the nickel which ran from 1938 to 2004 before there was a change, or in the case of the Franklin Half Dollar that only ran 16 years. When picking up a roll of coins, there are a few different types to look for. The “Wheat Cent” that was in circulation from 1909 to 1958 is one of the most commonly collected coins, and can still be found in circulation. There are dates in the series that are more valuable than others due to low mintages, but just finding one in a roll is a find in itself. The “Buffalo Nickel” is another highly collected coin; it ran from 1914 to 1938 and is easily distinguishable with the Buffalo and portrait of a Native American image on the coin. The “Mercury Dime” was in circulation from 1916 to 1945, the “Franklin Half Dollar” from 1948 to 1963, the “Standing Liberty Quarter” from 1916 to 1930, the “Barber” series of coins consisting of a dime, quarter and half dollar design that ran 1892 to 1916, and the “Indian Head Cent” that ran from 1859 to 1909. There are many other designs of US coinage, some more popular among collectors than others, but those listed are the most likely discontinued designs that are likely to pop up in a coin roll from time to time. When it comes to errors on coins, there are multitudes that are considered within the numismatic community to be legitimate or hold a premium value. Doubled Die stuck coins, struck through grease, clipped coins, re-punched mint marks to name a few. When examining a coin for errors, it is imperative that a loupe or magnifying glass is used to closely examine the coin. There are a few “notorious” Doubled Die errors: The 1955 Wheat Cent and the 1995 Lincoln Memorial Cent. Both of these errors command a pretty penny (pun intended) when it comes to their respective values. Condition is also a factor for an error coin, as it is for any coins value, but errors will always be worth a bit more due to the error. With a clipped coin, close examination is paramount to insuring that it is a legitimate clip and not post mint damage that someone had done in their garage with a pair of pliers or tin snips. A clipped coin will have generally a semi-circular clip taken out of it, and a coin of the same denomination will fit into this empty space seamlessly. Re-punched mint marks are one of the more difficult errors to find, this is due to their being a mint mark punched into the die and then another mint mark punched over it. Close examination will determine if the coin in fact has a re-punched mint mark. An often overlooked source of value when it comes to pocket change is those coins that are actually worth more than what their face value is due to the metal content of the coin itself. Every dime, quarter, and half dollar minted 1964 and earlier are composed of 90 percent silver, making them highly valuable compared to the denomination struck on the coin. Other coins that contain silver include but are not limited to: Half Dollars 1965 to 1970 contain 40 percent, “War Nickels” from mid 1942 to 1945 contain 35 percent silver, and Silver Proof Sets (dime, quarter, half dollar) minted from 1992 to present (NOTE: Most if not all dimes, quarters, half dollars from 1992 to present found in circulation will NOT contain silver. This will only happen if someone who owned a silver proof set broke it open and used the coins in circulation). The “melt” or “spot” value of these coins fluctuates with market conditions, but it is always a good find when a silver coin is found. Precious metals aside, cents minted 1981 and before were minted with 95 percent copper, and the value of the copper itself has surpassed the value of the coin by a margin of more than two to one. Cents minted in 1982 were a mix of 95 percent copper and 97.5 percent zinc. The only way to accurately tell the difference is to weigh them, with the copper cent weighing 3.11 grams where the zinc cent weighs 2.5 grams on average. While the metal value exceeds the face value, these coins cannot be melted down for their metal value. In time, this may change, but for now they coins can be hoarded until they can be melted, or spent for face value. Discontinued coins, errors, and even precious or valuable metals are all floating around in circulation. They can come in change from the local gas station, in rolls from the bank, or even in the vending machine. Coin Roll Hunting comes down to being able to identify these coins from the rest and getting them out of circulation and into a collection. Numismatics is a vast hobby, one that can be easily enjoyed on the smallest of budgets. The amount of money spent is all based on how the collector wants to go about finding the coins they want.[/QUOTE]
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