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ClassicalNumismatist's Blog

06 Jan 2021

Trying to figure out coin roll hunting!

| ClassicalNumismatist

Hey guys, been a bit. Happy new year! I'm thinking about taking up coin roll hunting. The problem is, I dont know anything about it. Do you guys have any suggestions on what to do/what to look out for?

Comments

Look out for 1964 and under dimes, quarters, and half dollars, they are made out of 90% silver. Also, you could get a wheat cents folder to put your finds in it. Also look out for Wisconsin state quarters with high leaf/low leaf, they are valuable. Look for errors, too.

CentSearcher

Level 5

My recommendation is to start out with lincoln cents. Being the smallest US denomination, you can buy them in larger quantity without having to pay a ton. Just go to the bank, and ask for rolls of cents. Two rolls for a dollar, 50 coins in a roll. Wheat cents are one of the main things to look for, though they are only worth like 5 cents. There aren't any silver cents of course, so in order to make CRH worth the time when doing cents is to look for all those different errors and varieties. CRH cents isn't something to make profit on, but rather just for the fun of the hunt. When hunting dimes, quarters, and halves, anything pre1965 is 90% silver. I recommend also hunting quarters, to search for the W mintmark from 2019 and 2020. There is also a ton of varieties on state quarters to look for. Another way to get quarters is go to a coin laundromat and change out bills for quarters. Hope this helps!

Thanks

It's Mokie

Level 6

Make sure you have good lighting, a soft surface to place your coins, a regular magnifying glass and a powerful loupe to check for varieties. I always check quarters, as your best bet is to look for W quarters, etc.

You find more coins worth saving in penny boxes, but in terms of profit, the nickel boxes are your best bet. I find at least $5 worth of extras in each box of nickels ($100) and I'll be lucky if I can get 10 wheat cents out of each box of pennies.

Longstrider

Level 6

Start with Lincoln cents. Try to get a bank box, $25.00. Get a Cherry Pickers Guide, a light, and a loop. Go to town. Simple. I have a bunch of little plastic cups with the varieties I am looking for written on them. I stick the ones that "might be" in the appropriate cup and give each coin a good look when I'm done. Good luck.. I am lucky in that my credit union has a Coin Star machine to use at no charge. I don't even have to roll when done. Never give up.

Kevin Leab

Level 4

I agree with all of the above! As with anything else...knowledge is key!! If you're interested in looking for errors and varieties I'd suggest buying the Cherrypickers Guide.

user_9073

Level 5

1) Know what you what to look for. Silver, Errors, Varieties, W Mintmarks, S Mintmarks. 2) Decide where to get the coins. Probably will need a bank that has the lobby open (the virus has closed many bank lobbies here). Drive up windows don't work well for coins. Also try to avoid fees. 3) Decide what "tools" you need for your search. a mat, magnifier, light, cardboard grid with markings etc. 4) Do the sorting/hunting. 5) Decide were to take the coins you don't want to keep. Some banks want coins rolled and some don't because they run them through a counter. Some banks charge a fee for "excess" coin deposits. Some also only accept coins from customers. Also do you want to take them back to the same bank? I get coins at one bank and return them to a different bank to avoid search the same coins over and over. Good Luck!! Let us know what you find.

Stumpy

Level 5

All of the above, suggest a jewelry loop, 5 to 10x, you need nothing stronger, or to start a simple Magnifying glass, nothing fancy needed. There are ebooks on Amazon that can also give you ideas, ranging from free to way too much money. Personally, every time I go to the bank I pick up some rolls to look through, just a few at a time. Now with coins being scarce most places like seeing the occasional roll when you pay for something, just don't try to dump them all at one place if you have a lot. Take your time, research the coins, start slow. It is fun to do. Good luck, let us know if you have more questions.

TheNumisMaster

Level 5

Im echoing CoinHunter here. I started off CRH and do it whenever possible. DM me with any questions.

CoinHunter

Level 5

Try to get to a bank or credit union, get as many coins as you can. For pennies look for wheat pennies, Indians heads, 2009s, and errors/varieties. For nickels look for silver war nickels (1942-1945) which have a large mintmark above the Monticello on the reverse side of the coin, buffalos, 2009s, older nickels, and errors/varieties. For dimes look for silver (coins that are 1964 or older), 2009s, and errors/varieties. For quarters look for silver (1964 and older), 2009s, west points (with a W on the obverse of the coin for 2019, and with the W and a V75 privy mark for the 2020s), and errors/varieties. Do some research to find what errors/varieties to look for. If you have an account at a bank ask if you can order boxes of coins, and if so, order whatever you want/can afford to hunt, and they will let you know when you can pick them up. Hope this bucketload of information was helpful! Have a great day!

Golfer

Level 5

What I do is buy penny rolls and start looking for wheat cents or anything that look's like an error. Quarter roll hunting look for the W mint marks. Buy a magnifier and look for doubling. You can research what to look for on the internet. Variety hunting is more involved and it's worthwhile. If you really want to get into it, make sure you look at everything under some kind of magnification. You can then research anything you find that look's wrong. You will learn a lot fast by doing that. Research for variety's and concentrate on a couple of them. Good Luck, and let us know what you find.

I. R. Bama

Level 5

That says it all. Nothing more to add! Good luck!

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