Newbie...$70 in pennies I believe average finds

[Coppercrazy]

Ok, so I am a newbie and have been reading up on the site for the past few days and was wondering why I couldn't post threads. Well...stupid me didn't confirm his email. Anyways, I'm 16 years old, I've always loved coins ever since I was a little child and just found out about this hobby and have been having a blast. My parents think it is pointless, but oh well. So over the past 3 days I have purchased $65 in customer rolls from USBANK, my main branch and I've done decent overall, I believe about average. I have found 35 wheats, oldest being 1920 (rough shape), and I had a VF 1957d. I just ordered my first box from the bank and actually I've been picking up stuff for my parents when I go to pick up more rolls. So I've been spending them. I've only dumped like $20 at 2 different huntington's. Anyways sorry for long thread just thought I would introduce myself. Is it ok if I post goals on here for the year? I'll try to go through $100 a week. May move on to nickels once I get more $$$. I'm not rich afterall. Question for the people who have been doing this. It is better to get customer rolls than brinks rolls right?

35/1000 Wheats
0/1 1909 V.D.B (Doubtful)
0/2 Indian Heads

 

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[Coppercrazy]

P.S. I also have been saving the copper just to turn a profit on ebay after fees shipping and everything looks like I can make $30 on the $100. Hey, it's money and then I don't need to dump as much.

 

[madwest]

Good luck with the pennies. Just remember, cents are a gateway coin. You'll be doing the hard stuff before you even know what hit you.

 

[Beans]

Welcome, and may the force be with you.

 

[PullTabPete]

Nice start - always look at change you never know!

 

[Generic_Lad]

Cents are usually pretty good. If you can find bags, do bags, they've produced better than boxes in my experience, but boxes have been pretty good. A good indicator is if you can check the magnet, look for a large amount of steel pennies on there. I got a collection dump of cents once, got me ~$10 face in wheats along with a couple of IHs.

 

[Coppercrazy]

Thanks for the info! Do you know if any of the banks around me, Chase, First Merit, USBANK, Charter One, Huntington, or PNC, could order me the $50 bags on a weekly bases, possibly 2 a week?

 

[Gilmore Happy]

You can read a book all day on how to shoot a man with an M-16 from 150 yards away. But until youre in the situation, youll never know if you can. Some banks will, most wont. Start by getting yourself into the situation, youll get 17 different opinions on what you should do. Amazing how fast you learn when youre in the thick of it.

 

[Generic_Lad]

Thanks for the info! Do you know if any of the banks around me, Chase, First Merit, USBANK, Charter One, Huntington, or PNC, could order me the $50 bags on a weekly bases, possibly 2 a week?

It just depends. Myself I rarely use the "big banks" except for a few teller trays now and then. I use mostly local banks/credit unions and they've been pretty accommodating as far as it is for bags, the worst problem I've run into is they're not sure how to put it into their computer because when the bag fills it is usually in limbo (taken out of the counter and not yet sold to the vault) and so sometimes they simply don't know how to sell it to me. I've never had a single banks say no as a matter of "policy". Granted, the biggest downside to this is it is hard to dump boxes and boxes of coin, but other than that they've all been a whole lot friendlier to work with both with the CRH hobby and as a general bank.

Plus, most bags don't get ordered, most bags come off of the counter. I know at my main bank they go through a good amount of change a week and fill multiple bags of every denomination except for small dollars (large dollars won't go through their counter) and halves (I'm really the only one that dumps halves). However, smaller branches of big banks might not fill a bag for weeks or months at a time.

 

[Coppercrazy]

Thanks for the info again! I'll go asking around after I pick up my pennies today. And I thought I found a Canadian coin but apparently it was a 1943 king george sixpence coin. I guess that's an uncommon coin for coin roll hunters?

 

[Generic_Lad]

Thanks for the info again! I'll go asking around after I pick up my pennies today. And I thought I found a Canadian coin but apparently it was a 1943 king george sixpence coin. I guess that's an uncommon coin for coin roll hunters?

Quite! What country is it from? Chances are it is silver!

Depending on the country will determine the silver content. If it is British, it is 50% silver, and I believe if it is Australian it is sterling (92.5% silver).

 

[sagittarius98]

Does it look like this (92.5%):

Like this (80%):

Like this (50%):

Or like this (50%):

 

[Coppercrazy]

It looks like the last one matter of fact it is the 1943 one too. Sorry for late response just got pack from picking up $45 worth about to go through them.

 

[Generic_Lad]

It looks like the last one matter of fact it is the 1943 one too. Sorry for late response just got pack from picking up $45 worth about to go through them.

Congrats then, its quite unusual to find silver from penny hunting!