First Of Many Questions

Murphy

1. I haven't been around the block too much lately. Umm, I like the thought of Cherry picking from bank-rolled coinage, but I am not up on the latest error coins that are out there. Am wondering two things:
1. Which coins would be the most profitable to pick through? (Cents, nickels, dimes, etc.)
2. Where can I find information about the latest errors? (from 2000-2004) If I wanted to pick through Pennies, where could I find info about the latest errors?
A beer for all who respond - Cheers

coachleonard

it would be more profitable to pick through lincoln cents, 'cause there are more valuable dates/mintmarks than you would find looking through nickels, dimes or quarters. For instance, you won't find any Jefferson nickel or Roosevelt dime that approaches the value of a 1909-s vdb, 1914-d,1922 lincoln cent. Of course you would have to look through a LOT of lincolns to even have a hope of finding one of those rare dates.

As for moderns, i would try looking through a bunch of Sacajewa dollars to see if you can find the rare Washington quarter muling ( Washington one the obverse, the flying eagle on the reverse).

coinguy89

1. It doesn't matter too much what you look through with rolls, theres not a good chance of finding anything, but you still will, and you'll have alot of fun doing it. Pennies have the most errors and varietys, nickels have not as many, and dimes don't have any varietys but errors, all can be found with errors. But another thing to be looking for while going through rolls would be proofs and silver coinage(anything before 65).
2. To find the latest errors go to Text from there click on U.S Coins and then on errors, should be quite a few articles and good websites with error photos and price guides. Pick up the newest 2005 U.S Red Book its only about $10, if you have the money you can pick up the Cherry Pickers guide. The Red Book covers most and will give you and idea of how much they're worth. The Cherry Pickers Guide, will have all that have been discovered.

Hope I helped, happy collecting.

ddbird

Yup newest red book...will run about 10 bucks! I would look through pennies, and halfs if you can afford to. It does not cost you anything since you can turn the money back into the bank. Pennies you have the chance of picking up some pretty rare dates, but halfs, can turn a quick profit for you if you find a few silvers (Before 1965)

coachleonard

Ah yes, how could i have omitted looking through half dollar rolls (if you can find them)-- i got 6 franklin halves in one roll that way. They were circulated, but still....

cladking

Pick up the all the books on moderns and start looking. There's not a book
yet on the quarters but there are on all the other denominations. There has
not been a better time to find rare coins in circulation since the 1850's.

Happy hunting and don't forget to set aside gems.

Scavenger

Every time I go into the bank I always ask if they have any silver dollars. One time about a year ago the teller said - "Isnt that funny the person that just left gave these to me." - Now granted it was 10 circulated Eisenhowers but, at face value I'll take all you've got.

richbeat

Actually, I've found that Jefferson nickels are a good denomination coin to look through. It's still possible to find every date, including the keys. I've found '38, D, S, '39, D, S, and '50, D by looking through rolls. You have to be patient and look. I even found a '39 that looks almost as new as the day it was struck. If you're looking to make a big profit, however, no that won't happen.

Other than the silver war nickels, I think that one reason why the better dates can still be found is because there is nothing (other than wear) to distinguish a 1938 nickel from a 2000 nickel. There's no silver edge (as a silver dime would stand out from a clad dime) or different reverse (as a wheat cent would stand out from a memorial cent) so they tend to slip by. And I don't think Jefferson nickels get cherrypicked as much (with the possible exception of the war nickels, which do stand out) because until recently, the Jefferson series has been kind of dead. That's my opinion, of course.

wingedliberty

If you are serious, then you need to pick up a copy of the Error Coin Encyclopedia by Arnold Margolis & Fred Weinberg. It teaches about the minting process in depth. It is mandatory that you get this book before you proceed with errors. IMHO.

dorkkarl

did somebody say ..... BEER?

K S

coppercoins

Depends on whether you are really talking about errors (brockages, indents, broadstrikes, clips, etc.) or whether you're talking about die varieties (doubled dies, repunched mintmarks, over mintmarks, etc.). They are different and are not covered in the same books because they are unrelated. You have to know the term for what you're looking for before you know where to look. The Error Coin Encyclopedia is the right place to go for errors, but it's not the right place to go for die varieties. Since you specified, "latest errors," I am assuming you mean doubled dies, which are not classified as errors at all. If you're looking for information on doubled dies and repunched mintmarks, the books differ with series because that's generally how they are written.

Murphy

Lots of good advice from all of you. Thanks. I am just wanting to know what the LATEST collectables are that I can pull out of bank rolled coins, preferably pennies. And wondering where to find that information. I had heard of The Cherrypickers Guide, but seems like a new edition is due out any time now. And there's a website for Cherrypickers Guide and Cherrypickers News which has no actual value whatsoever to me because they are under construction right now. The latest CP Guide has information that I already know about and I was looking for info newer than that. I did manage to find some thngs buy searching Google for 2004 DDO DDR etc. I got search results of pennies and nickel DD's in year 2004. But none have been confirmed as actual. The mint has denied that the nickel is a true double die and last word hasn't been handed down on the penny DD.

richbeat

I should have clarified my statement on the nickel reverse by saying something like "other than this years's peace medal and keelboat designs..."

From what little I've read, it seems that the new reverses may be stimulating some interest in the Jefferson series. If they ever become a hot series, you may start to see the older dates disappear from circulation, much like the wheat cents and silver coins, depending on how high up the values go. We'll see, I guess.