Answers for those commonly asked questions not covered in the beginners guide --> http://forum.treasurenet.com/index.php/topic,54523.0.html
I'd like to start into the hobby of CRH, how can treasurenet help me?
- Through reading the beginners guide mentioned above, as well as perusing the forums a great deal of information can be had.
Assuming you've already read the aforementioned beginners guide, the forum can further educate you in many ways.
--> Regional trends can be deduced from member's "finds" threads.
--> Below melt silver deals are commonly mentioned, usually in full detail with vault codes and phone numbers.
--> Exposure to error coins posted in member's finds threads aid in identification.
A search of treasurent can be performed through google --> simply copy the text below and replace Kennedy with your desired keyword.
http://www.google.com/search?sourceid=chrome&ie=UTF-8&q=aid#sclient=psy&hl=en&safe=off&source=hp&q=Kennedy+site%3Atreasurenet.com&aq=f&aqi=&aql=&oq=&pbx=1&bav=on.2,or.r_gc.r_pw.&fp=aaa5a7e179d964c6
Above all else the forums are an excellent source of inspiration. The great finds posted here can leave you drooling for hours.
How do I ask for halves?
- Simply ask for half dollars. If they say that they have none, ask if they might have any rolls in the vault or if they could check the other teller's trays. The same method applies to quarters/dimes/nickels/pennies
How do I know/ find out who services my banks?
- Simply ask a friendly teller what service provides them with coins.
How are NIFC coins valued?
- Upon entering circulation NIFC coins lose the majority of their value, impaired specimens can often be traded / sold to fellow collectors. Silver proofs still retain their intrinsic value regardless of cosmetic condition.
Novelty coins?
- May hold collector value, use a search engine to determine value if available.
How many coins should I dump at one time?
- This is a personal preference, if you feel that you are being a hassle, you probably are. Abuse can lead to the implementation of fees.
How many boxes should I order at one time?
- This is a personal preference, if you feel that you are being a hassle, you probably are. Abuse can lead to the implementation of fees/order limits.
Should I take my dumps back to the same bank, or another nearby branch of the same bank?
- This depends on your situation, if you aren't ordering/returning in mass amounts this is a feasible option. Dumping large amounts at local branch offices isn't advisable as communication of your dumping between branches may lead to implementation of fees. If you feel that you are being a hassle, you probably are.
Bags of coins?
- Generally yield in a similar manner to their cardboard counterparts, may contain various non-coin items mistakenly accepted by the sorter.
Trading up advice?
- Saves space, and potential refinery costs. May present an overall loss.
Has anyone sold to _____?
- Probably. Reputable buyers will generally be easily identifiable.
How much is _____ worth?
- Finished sales on Ebay will demonstrate market prices adequately.
---> Melt prices http://www.coinflation.com/
---> Coin information http://www.coinfacts.com http://en.numista.com/
Should I roll my dumps?
- Personal preference. Some banks may charge fees for counting services.
---> http://www.theunderstory.com/coinroll.htm
Foreign coins?
- http://en.numista.com/
Damaged coins?
- If the denomination is clearly identifiable these can simply be used in daily transactions. They shouldn't be returned through the use of a coin counter due to the elevated risk for causing a jam.
Where is this silver you speak of, why am I not finding anything?
- Dry spells happen, persistence is key.
Fees?
- Depend on the bank branch and policies in effect. Generally displayed when related to counting services, if you are unsure simply ask a teller.
Is it legal to melt coinage?
- Section 331 of Title 18 of the United States code provides criminal penalties for anyone who fraudulently alters, defaces, mutilates impairs, diminishes, falsifies, scales, or lightens any of the coins coined at the Mints of the United States. This statute means that you may be violating the law if you change the appearance of the coin and fraudulently represent it to be other than the altered coin that it is. As a matter of policy, the Mint does not promote coloring, plating or altering U.S. coinage. There are no sanctions against such activity absent fraudulent intent.
There was a law instated in late 2006 that banned melting of american nickels and cents.
---> These are just a few of the many common questions floating around, if you've got any suggestions / Q's to add feel free to reply below.
I'd like to start into the hobby of CRH, how can treasurenet help me?
- Through reading the beginners guide mentioned above, as well as perusing the forums a great deal of information can be had.
Assuming you've already read the aforementioned beginners guide, the forum can further educate you in many ways.
--> Regional trends can be deduced from member's "finds" threads.
--> Below melt silver deals are commonly mentioned, usually in full detail with vault codes and phone numbers.
--> Exposure to error coins posted in member's finds threads aid in identification.
A search of treasurent can be performed through google --> simply copy the text below and replace Kennedy with your desired keyword.
http://www.google.com/search?sourceid=chrome&ie=UTF-8&q=aid#sclient=psy&hl=en&safe=off&source=hp&q=Kennedy+site%3Atreasurenet.com&aq=f&aqi=&aql=&oq=&pbx=1&bav=on.2,or.r_gc.r_pw.&fp=aaa5a7e179d964c6
Above all else the forums are an excellent source of inspiration. The great finds posted here can leave you drooling for hours.
How do I ask for halves?
- Simply ask for half dollars. If they say that they have none, ask if they might have any rolls in the vault or if they could check the other teller's trays. The same method applies to quarters/dimes/nickels/pennies
How do I know/ find out who services my banks?
- Simply ask a friendly teller what service provides them with coins.
How are NIFC coins valued?
- Upon entering circulation NIFC coins lose the majority of their value, impaired specimens can often be traded / sold to fellow collectors. Silver proofs still retain their intrinsic value regardless of cosmetic condition.
Novelty coins?
- May hold collector value, use a search engine to determine value if available.
How many coins should I dump at one time?
- This is a personal preference, if you feel that you are being a hassle, you probably are. Abuse can lead to the implementation of fees.
How many boxes should I order at one time?
- This is a personal preference, if you feel that you are being a hassle, you probably are. Abuse can lead to the implementation of fees/order limits.
Should I take my dumps back to the same bank, or another nearby branch of the same bank?
- This depends on your situation, if you aren't ordering/returning in mass amounts this is a feasible option. Dumping large amounts at local branch offices isn't advisable as communication of your dumping between branches may lead to implementation of fees. If you feel that you are being a hassle, you probably are.
Bags of coins?
- Generally yield in a similar manner to their cardboard counterparts, may contain various non-coin items mistakenly accepted by the sorter.
Trading up advice?
- Saves space, and potential refinery costs. May present an overall loss.
Has anyone sold to _____?
- Probably. Reputable buyers will generally be easily identifiable.
How much is _____ worth?
- Finished sales on Ebay will demonstrate market prices adequately.
---> Melt prices http://www.coinflation.com/
---> Coin information http://www.coinfacts.com http://en.numista.com/
Should I roll my dumps?
- Personal preference. Some banks may charge fees for counting services.
---> http://www.theunderstory.com/coinroll.htm
Foreign coins?
- http://en.numista.com/
Damaged coins?
- If the denomination is clearly identifiable these can simply be used in daily transactions. They shouldn't be returned through the use of a coin counter due to the elevated risk for causing a jam.
Where is this silver you speak of, why am I not finding anything?
- Dry spells happen, persistence is key.
Fees?
- Depend on the bank branch and policies in effect. Generally displayed when related to counting services, if you are unsure simply ask a teller.
Is it legal to melt coinage?
- Section 331 of Title 18 of the United States code provides criminal penalties for anyone who fraudulently alters, defaces, mutilates impairs, diminishes, falsifies, scales, or lightens any of the coins coined at the Mints of the United States. This statute means that you may be violating the law if you change the appearance of the coin and fraudulently represent it to be other than the altered coin that it is. As a matter of policy, the Mint does not promote coloring, plating or altering U.S. coinage. There are no sanctions against such activity absent fraudulent intent.
There was a law instated in late 2006 that banned melting of american nickels and cents.
---> These are just a few of the many common questions floating around, if you've got any suggestions / Q's to add feel free to reply below.
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