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Updated 2/20/20: $975 coin roll hunt
isaiah58
Posts: 385 ✭✭✭
This was a good learning experience
At the $535 mark found one 90%, a 1945 Mercury Dime. Around the $700 mark found a silver: China Republic, 2 Jiao (20 cents), 18 year of Republic (1929 AD), Kwangtung Province.
Found 10 wheaties, nothing worth keeping.
Several of the hand rolled dimes and quarters, the bank said a vendor cashed them in, were short a coin.
Dimes and nickels were the hardest to assess without using a small magnifier. Pennies next depending on the finish.
Trying to check for every possible die error was not possible. I found a large amount of 2017 P nickels with a visible die crack that was very minor.
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Nice find! ... I get a lot of rolls and have run into rolls being short, so I brought it to the bank's attention . They told me they are not responsible for hand rolled coins. Hope that helps.
My own position is that unless the roll is visibly short when they hand it to you, you had best not mention it later. They might just start to refuse to give you rolls.
CROP YOUR PHOTOS.
I hope they are better now, thanks
The roll I brought to their attention was given to me in hand, it had a coin standing on end in the middle of the roll, so obviously at that time I said " Hey what goes with this? " That's when I was told they are not responsible for hand rolled coin. Unbelievable.
I find a few short rolls, but in the end usually end up ahead with people putting dimes in cent rolls etc. There have been a few times when I got rolls of dimes that were missing 2-3 dimes but the person rolling it made up for it by kindly putting in a silver dime to offset. The biggest nuisance of hand rolled coins IMHO are the numerous newer Canadians - I like older, bronze, nickel and silver Canadians but the rolled steel stuff is a PITA.
Good man!
Don't wear out your welcome at the bank. If you complain about the rolls you will do so very quickly.
If you are in a northwest suburb of the DFW then you are definitely getting our retreads. We pull between 500 and up every other week to go through! Tons of fun
I like to get the hand rolled coins... more chance of something unique being included
....On the other hand, if rolled by collectors, there never is anything good... :'( Oh well, just got to keep looking...Cheers, RickO
Updated today, did not mention finding six wheaties, all common. Also found a 2015 Roosevelt with what I figured out is common but severe polishing marks and machine doubling.
If I search rolls again, it will be a few rolls at a time so I can better focus on potential errors and varieties. I am not sure what value to focus on yet. I am considering searching half dollars for silver.
Once I decide which value to focus on I will prepare a focused search list and make sure I have several websites bookmarked that provide the better photo images.
Before spending more time on this project you should try to ascertain just what "errors" actually have a real two-way market. In other words, what are the prices you can actually get for such "errors". Forget about catalog values.
Half dollars are the most likely place to find silver coins mixed in but make sure you can easily dispose of the ordinary copper-nickel pieces before tying up a lot of money in such a project.
My own feeling is that roll searching in 2020 is likely to prove to be a big waste of time.
Thanks for the advice. My CU has a fee free coin counting machine, I actually had the machine stall out on me yesterday dumping $535 in change. A bank associate had to open it up and settle the bag levels. No fee if you deposit the funds.
It is clear to me that the collector market is diluted with common machine doubling as well as post mint damaged coins.
Not valuable, but you have a cool little die chip by the mouth.
Nice !!!