Welcome guest, is this your first visit?
Member
Discoveries
 
Page 2 of 2 FirstFirst 12
Results 16 to 24 of 24
Like Tree15Likes

Thread: Penny Roll Stats?

« Prev Thread | Next Thread »
  1. #16
    us
    Feb 2012
    1,667
    855 times
    Coin roll hunting
    Vern2: what better way to spend time with your grandson, and hopefully get him interested enough into this coin hobby, either as a folder collector or a CRH. Welcome to our forum, TN, and the hobby itself. Don't get discouraged, just keep at it slow & steady.

  2. #17
    Charter Member
    us
    Vern

    Jan 2017
    Leesburg Ga
    Tesoro DeLeon; Red Racer Garrett carrot, Makro PP Lesche shovel and knife Killer B's head phones
    577
    437 times
    Metal Detecting
    Thank you, Dozier. He's my buddy. Just like I did his daddy, I am trying to impress upon him the value of saving money and coin collecting. His mother died 4/2016 of cancer, 38 yr old. So I have this great opportunity to help raise a special little boy.

    Update: another 10 penny rolls today. 73 coppers, 1 wheat, a dime, and a Canadian cent. He found everything but 47 coppers. I'm getting beat up pretty bad.

  3. #18
    us
    Jun 2017
    Bradenton, FL
    Bounty Hunter Time Ranger
    15
    11 times
    All Types Of Treasure Hunting
    I'm getting quite a lot of coppers still here in Southwest FL. I know it sounds crazy but I was upwards of 40% last week both in spare change and rolls. I have only found 1 wheat though in rolls over the past couple months. I don't do boxes or anything high volume, but unroll about 12-15/week. I have found more wheaties in the coinstar than anywhere else. A couple weeks ago I found one ON TOP of a coinstar!
    gold boy likes this.

  4. #19
    us
    Mar 2017
    16
    28 times
    All Types Of Treasure Hunting
    [QUOTE=GMan00001;5500802]

    And just for more fun with math of what is really left out there, let's use wheat cents. From 1909-1958, there were 25,817,950,007 cents minted. If they were all in circulation and randomly distributed, one would expect to find on average that 5.12% of all cents searched were wheat cents. That would work out to roughly 128 wheat cents per $25 box. Obviously, many wheat cents have been pulled, lost, or destroyed, so the actual find percentage is considerably less. Although it varies based on location, the average number of wheat cents found per $25 box seems to be ~10 (or a find percentage of 0.4%). If that's true, it means 10 of every 128 wheat cents is still circulating, leaving only 2,017,027,344 wheat cents yet to be pulled from circulation. Still some work to do!

    [QUOTE]

    Two billion wheat cents sounds like a lot...but it's sobering to realize that works out to six for every person in the United States.

    I got my share today. This will help to bring up those averages.

    Click image for larger version. 

Name:	20170908_161149.jpg 
Views:	19 
Size:	1.45 MB 
ID:	1492040

  5. #20
    Charter Member
    us
    Vern

    Jan 2017
    Leesburg Ga
    Tesoro DeLeon; Red Racer Garrett carrot, Makro PP Lesche shovel and knife Killer B's head phones
    577
    437 times
    Metal Detecting
    Thursday, I purchased a $50 bag of pennies from a local bank. That's 5,000 pennies. Whew.

    About 1/3 through: 7 wheats & 1 Canadian penny. I won't know the % of copper until I finish the whole bag, but I am keeping a record. An educated guess maybe 15%.

    In the beginning, I told myself and GS I would be happy with 10 wheaties.

    Oldest so far is 1928.

  6. #21
    us
    Feb 2012
    1,667
    855 times
    Coin roll hunting
    Vern: you may be right on the money with your guess, I run about 10-12 Wheaties per box, and about 12-15% coppers. Keep at it, you're doing fine.

  7. #22
    Charter Member
    us
    Vern

    Jan 2017
    Leesburg Ga
    Tesoro DeLeon; Red Racer Garrett carrot, Makro PP Lesche shovel and knife Killer B's head phones
    577
    437 times
    Metal Detecting
    Finished the bag of 5,000 pennies. Whew. GS said he is ready for another bag. I said, "no, gonna be rolls for awhile now, after we take a short break". Here are the final results:

    510 coppers
    10 wheaties
    3 Canadian 1 cent

    I was not super pleased with the 510 copper, but okay with the wheats. Ten was our goal when opening the bag.

    So, would you say this is below average? I kinda think it is. But not enough to quit by no means. We had fun. Plus GS now has 10 more wheats to add to his collection.
    Last edited by Vern2; Sep 11, 2017 at 05:42 PM.
    Bb3p likes this.

  8. #23
    us
    Feb 2012
    1,667
    855 times
    Coin roll hunting
    You did fine, any good dates on the wheats? That's where the fun sometimes rest, finding some good dates or extremely fine looking coins. This is the game I play with in finding the "best of the best" for the 13-grandkids that I have given Vol.1,2,3, of the Lincoln series folders.

  9. #24
    Charter Member
    us
    Vern

    Jan 2017
    Leesburg Ga
    Tesoro DeLeon; Red Racer Garrett carrot, Makro PP Lesche shovel and knife Killer B's head phones
    577
    437 times
    Metal Detecting
    I'll have to get my coin book out and check the dates. Thirteen GC? Wow. I have four.

 

 
Page 2 of 2 FirstFirst 12

Remove Ads

Sponsored Links

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Similar Threads

  1. 1/4 eagle in penny roll?
    By kaiser613 in forum Coins
    Replies: 6
    Last Post: Sep 21, 2013, 08:26 AM
  2. Silver in MWR penny roll
    By thripp in forum Coin Roll Hunting
    Replies: 12
    Last Post: Aug 26, 2012, 04:29 PM
  3. My oldest out of a penny roll
    By mountainman 2 in forum Coin Roll Hunting
    Replies: 12
    Last Post: Jun 28, 2010, 09:07 PM
  4. Replies: 5
    Last Post: Feb 23, 2010, 05:59 PM
  5. Replies: 4
    Last Post: Apr 02, 2008, 12:31 PM
Powered by vBadvanced CMPS v4.3.0