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  1. #16
    us
    Feb 2012
    2,915
    2504 times
    Coin roll hunting
    Too bad something can't be put on a coin just like currency " Where's George" tracking.

  2. #17
    us
    May 2018
    Maryland
    White's MXT Tesoro Cibola Tesoro Golden Sabre Plus Garrett ADS Master Hunter 7
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    Quote Originally Posted by 1235CE View Post
    I'm guessing those marks are on previous end coins and are made from whatever tool someone was using to open their rolls easier, like a knife.....
    If the mark was made by a knife in the process of opening the crimp, then some of these would have two, three, or more cuts, having been enders more than once. But the ones pictured have only a single scratch. It also seems unlikely to me that so many could have been enders and escaped the circular scratches made by the crimper.


    Always do right; this will gratify some and astonish the rest.
    - Mark Twain


  3. #18
    us
    Feb 2011
    Minelabs CTX 3030, Excalibur and Equinox 800
    50
    28 times
    All Types Of Treasure Hunting
    Also the mark is in the same spot on all the coins.

  4. #19
    us
    Feb 2008
    Great Lakes State
    dirtfishing
    10,756
    2676 times
    silver surfing
    Honorable Mentions (1)
    Never have seen that kind of mark in 42 years. Marking coins - waste of time.

  5. #20
    us
    Jul 2013
    SoCal
    1,162
    335 times
    Garage Sales/ CRH
    Quote Originally Posted by Johnny5 View Post
    I, going thru a box of halves and I noticed most of them so far are marked. They have a scratch/gouge between the last two digits of the year. Has anybody noticed these markings?

    What area are you in?
    You're never know it all... Keep an open mind and keep learning.

    eBay Store: http://stores.ebay.com/jewelryandwatchoutlet

    ^ Putting myself through college, wish me luck

  6. #21
    us
    Feb 2011
    Minelabs CTX 3030, Excalibur and Equinox 800
    50
    28 times
    All Types Of Treasure Hunting
    New England

  7. #22

    Jun 2012
    Oklahoma
    Equinox 800, Ace 250
    425
    337 times
    All Types Of Treasure Hunting
    I've seen this exact thread rehashed numerous times over the years. I understand why it's irritating to receive marked coins, especially if it's a coin you have interest in keeping. I wouldn't directly encourage anyone to do it. That said....

    Probably 20% of the people reading this thread have marked coins. I think everyone is just staying quiet to avoid the name calling I dated a bunch of coins back in the day. It helped me determine certain things...it was very helpful. If you stated it won't help...you're just wrong. It may not help help you, depending on the circumstance and knowledge of your courier/coin services...but it helped me. Not all regions are handled the same, in terms of courier service and whether coins are re-rolled by a bank, a courier, or returned to the fed. Determining the appropriate bank to buy and dump, be it a local, regional, or national bank can make a huge difference in your success rate.
    Last edited by Owassokie; Sep 05, 2019 at 12:55 PM.

  8. #23

    Sep 2012
    678
    498 times
    All Types Of Treasure Hunting
    Quote Originally Posted by Owassokie View Post
    I've seen this exact thread rehashed numerous times over the years. I understand why it's irritating to receive marked coins, especially if it's a coin you are interest in keeping. I wouldn't directly encourage anyone to do it. That said....

    Probably 20% of the people reading this thread have marked coins. I think everyone is just staying quiet to avoid the name calling I dated a bunch of coins back in the day. It helped me determine certain things...it was very helpful. If you stated it won't help...you're just wrong. It may not help help you, depending on the circumstance and knowledge of your courier/coin services...but it helped me. Not all regions are handled the same, in terms of courier service and whether coins are re-rolled by a bank, a courier, or returned to the fed. Determining the appropriate bank to buy and dump, be it a local, regional, or national bank can make a huge difference in your success rate.
    Yup, it has been hashed and rehashed. What people do not understand is that the only feedback/data that ever matters is how productive your system is. There are scenarios where dumping into your source stream improves your productivity. If you follow the logic, the only possible decisions you could make after marking a bunch of coins are the same decisions you should make without marking.

    1) You are getting good productivity and not finding any of your marked coins -> continue with current system (but increase your volume)
    2) You are getting good productivity and finding some/few of your marked coins -> continue with current system (but increase your volume)
    3) You are getting good productivity and finding tons of your marked coins -> continue with current system (but increase your volume)
    Sure, you could dump somewhere else, but it might very well be your dumps that are stirring the waters and pushing keepers your way. Don't fvck with a working machine.
    4) You are getting lousy productivity and not finding any of your marked coins -> scale back current system and change it up with other sourcing strategies
    It would be stupid to stick with a crummy system just because you know you are not getting your dumps.
    5) You are getting lousy productivity and finding some/few of your marked coins -> scale back current system and change it up with other sourcing strategies
    6) You are getting lousy productivity and finding tons of your marked coins -> scale back current system and change it up with other sourcing strategies
    You could change to a different dump scheme, but that will just put you in scenario #5 which has the same corrective action as this scenario.

    The presence or absence of your dumps is meaningless all the way around. You should always be attempting to increase/vary your supply side to find the most productive solution. When a particular supply strategy is productive, exploit it. Otherwise, find an alternative supply.
    GlenDronach likes this.

  9. #24

    Jun 2012
    Oklahoma
    Equinox 800, Ace 250
    425
    337 times
    All Types Of Treasure Hunting
    Quote Originally Posted by LooseChange View Post
    Yup, it has been hashed and rehashed. What people do not understand is that the only feedback/data that ever matters is how productive your system is. There are scenarios where dumping into your source stream improves your productivity. If you follow the logic, the only possible decisions you could make after marking a bunch of coins are the same decisions you should make without marking.

    1) You are getting good productivity and not finding any of your marked coins -> continue with current system (but increase your volume)
    2) You are getting good productivity and finding some/few of your marked coins -> continue with current system (but increase your volume)
    3) You are getting good productivity and finding tons of your marked coins -> continue with current system (but increase your volume)
    Sure, you could dump somewhere else, but it might very well be your dumps that are stirring the waters and pushing keepers your way. Don't fvck with a working machine.
    4) You are getting lousy productivity and not finding any of your marked coins -> scale back current system and change it up with other sourcing strategies
    It would be stupid to stick with a crummy system just because you know you are not getting your dumps.
    5) You are getting lousy productivity and finding some/few of your marked coins -> scale back current system and change it up with other sourcing strategies
    6) You are getting lousy productivity and finding tons of your marked coins -> scale back current system and change it up with other sourcing strategies
    You could change to a different dump scheme, but that will just put you in scenario #5 which has the same corrective action as this scenario.

    The presence or absence of your dumps is meaningless all the way around. You should always be attempting to increase/vary your supply side to find the most productive solution. When a particular supply strategy is productive, exploit it. Otherwise, find an alternative supply.
    LC, I understand what you're saying about dumping into your own source potentially helping your finds but if you (and other CRHers) are dominating that "source", I don't really see that as helpful. So it depends on the situation. I don't believe it fit my situation. I figured out that I was frequently receiving my coins back from 1 particular national bank and never from 1 regional bank. If you're searching $16 to $20k a month, this has the potential to be valuable information. An important note....prior to this marked coin test, my logic was the opposite...I figured the regional bank would recirculate the coins "regionally" or close to home. Anyway, this gave me the push I needed to change things up a bit. I began to order heavily from the national bank and dumping at the regional bank. I was rewarded for this change as my silver finds picked up significantly.

    I understand the counter argument here is 'I don't know what would have happened if I would have done the opposite'. This is true...I don't know. But like all of us, I just gathered as much information as possible and made what I felt was the best decision. It seemed to work out for me but you always wonder "what if".

    OO

  10. #25
    us
    Aug 2011
    1,948
    881 times
    All Types Of Treasure Hunting
    There was a guy years ago that painted ?? 500.000 coins with spray paint. Many colors Like the rain bow!!! Timzim
    Omega likes this.

  11. #26
    us
    May 2018
    Maryland
    White's MXT Tesoro Cibola Tesoro Golden Sabre Plus Garrett ADS Master Hunter 7
    1,530
    2386 times
    All Types Of Treasure Hunting
    Quote Originally Posted by LooseChange View Post
    What people do not understand is that the only feedback/data that ever matters is how productive your system is.

    If you follow the logic, the only possible decisions you could make after marking a bunch of coins are the same decisions you should make without marking.

    The presence or absence of your dumps is meaningless all the way around. You should always be attempting to increase/vary your supply side to find the most productive solution. When a particular supply strategy is productive, exploit it. Otherwise, find an alternative supply.
    I've deleted the scenarios #1 thru #6 in the original post because these other statements are sufficient and because I agree with them. The assumptions necessary to learn from marking dumps make perfect sense - but only if working in an information vacuum. I don't mark because I have learned enough about my banks and the couriers who serve those banks with coins packed at different sorting centers at the present time. For me, marking does not increase that knowledge. Situations change, contracts with couriers are not renewed and the whole situation is fluid. Paying attention to what is going on in your hobby in your own area - with each area being different, is more useful than marking coins, IMO. The information gained from casual conversations with tellers is very useful. Some even speak freely during bag changes and volunteer information about courier details that probably should be kept confidential.

    I completely agree with increasing and/or varying the supply side to achieve the optimal results.


    Always do right; this will gratify some and astonish the rest.
    - Mark Twain


  12. #27
    us
    May 2018
    Maryland
    White's MXT Tesoro Cibola Tesoro Golden Sabre Plus Garrett ADS Master Hunter 7
    1,530
    2386 times
    All Types Of Treasure Hunting
    Quote Originally Posted by TimZim View Post
    There was a guy years ago that painted ?? 500.000 coins with spray paint. Many colors Like the rain bow!!! Timzim
    There is an expression that some people "have more money than common sense". That guy had more paint than common sense.


    Always do right; this will gratify some and astonish the rest.
    - Mark Twain


  13. #28
    us
    Jul 2013
    SoCal
    1,162
    335 times
    Garage Sales/ CRH
    Quote Originally Posted by TimZim View Post
    There was a guy years ago that painted ?? 500.000 coins with spray paint. Many colors Like the rain bow!!! Timzim
    Pictures??
    You're never know it all... Keep an open mind and keep learning.

    eBay Store: http://stores.ebay.com/jewelryandwatchoutlet

    ^ Putting myself through college, wish me luck

 

 
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