Tracking your coins - arent you curious

[rovnrbl53]

Tracking your coins - aren't you curious

whether you're looking at the same coins over and over again. I've followed this board for a while on/off and don't recall seeing any reference made to marking coins to ensure you're not looking at the same coin numerous times. With limited armoured car ops, would think over time the coins are going to reloop.

Does anyone mark their coins? If so, how. I've seen marks on the face or back but that's not very efficient if you've already looked at the coin.

I use a sharpie and run 3 lines down a stack before I reroll or bag. Maybe not terribly efficient but I'm pretty sure I know when these things are coming back around. So far very few reruns unless I happen to drop and by from the same bank system. I buy from one bank system and drop at one of three. Trying an experiment at the credit union with buying/dropping since they have a pretty fast counting machine that actually dispenses a cash payout - how sweet is that?

Be interested in y'all's approach to this.

 

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[synapse]

Re: Tracking your coins - aren't you curious

But the point is marking is not going to help you find more silver/rare coins which is the point of this hobby. Really, marking individual coins is a waste of time because although you know that you are getting your own coins back, they will be mixed with other coins. Collection dumps can happen at any time, newer batches of halves aren't worse than older batches of halves. It all comes down to luck for boxes because coins are all mixed together.

No, the point of the hobby is to enjoy yourself. That's what every hobby is about, and each person here finds enjoyment in coin roll hunting their own way. Personally, I'm a math/ecology geek, and i find it very interesting that I could perform a mark-recapture study on coins and calculate the amount of the coin populations that I look at each time i get a box. Clearly that doesn't improve my odds of finding silver at all, but it adds to my enjoyment of the hobby.
So marking coins may be a waste of time to YOU, but a source of enjoyment to someone else.
To each their own.

 

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[SnakemanBill]

Re: Tracking your coins - aren't you curious

I really find it hard to believe you have followed this forum and not seen this dreaded subject come up. Don't mark. As I have said in the past, think OUTSIDE the box. Just because your marks are coming back doesn't mean other coins haven't been mixed in along the way.
HH
enamel7

This is only his 7th post so its very likely that he would have seen the last rehashing of this. Some mark some don't. the ones that don't will piss and moan about defacing blah blah blah. The bottom line is you will get your coins back, could take a week could take a month. But being human some of us have to know for ourselves. As someone else has said in this topic "enjoy yourself" to hell with everyone else.

 

[db23]

Re: Tracking your coins - aren't you curious

I marked 25 coins per box from my first 5-10 boxes back in March. I used an orange sticker that says db23. I finally got about 10-15 of them back in a box last month. That very box also contained ~13 silvers.

Point is, once the coins are dumped into the hopper to get re-rolled they are mixed in with other halves that are potentially silver.

I stopped marking shortly after I started because it just seemed like a waste of time. I don't usually see the face of every coin since I edge check, and too many different markings on the sides to bother with it.

I don't get the people that put a date on it. I see so many of them dated MM/DD. Wouldn't it make more sense to do MM/DD/YY?!?! Them and Mr. Lombardo seem like the biggest wastes of time. I did spot what seemed to be a 'fresh' lombardo, so I'm thining he's still out there searching.

 

[jrf30]

Re: why I DO mark - with logic (for me)

This is an old post. But I put it in this thread too.

<<I'm in the minority. I mark my coins. But, I ONLY mark the ones ending in "9". I mark 1979, 1989 and 1999 halves. Only those.

Why?

Because I want to see how many of the coins I go through I have been through before. Since things are SO BAD out here with silver (My average is one silver about every 8.1 boxes so far this year. At least IN the boxes), it gives me HOPE to see that this week out of 79 coins that met that criteria (ending in a 9), only THREE had my mark already on them. That meant 76 of 79 were NEW to ME. Telling me NOT to give up, as I have a long way to go to get all the 9's marked. It doesn't mean that there is or is not silver in the box, depending on my mark. It just gives me HOPE AND something else to look for. If all I get is skunks then the thrill disappears quickly. Geting 1 silver in 10 boxes is not good, but the NORM out here for the past two YEARS. But looking for my own marks, on a SMALL percentage of the coins in total, since it is only the 9s, makes it more enjoyable for me. Isn't atht part of why we DO this? :-) PLus seeing so few with my mark deludes me to thinking I "may" still come across some good silver that is there and hasn't reached me "yet". In reality, I know good silver in boxes doesn't exist out here. it does elsewhere, but not here. I live with that, and search ANYWAY. But looking for my marks helps. Seeing so many that are not marked yet gives me a goal OTHER than silver that I can work on. I marked 76 new ones today, and set them free again. I'll look for them in the future, excited to see them, even if I don't get silver in that box. Make sense?

When I get to the point where I get 7 - 8 out of every 10 of them that are marked by me, I know I have circulated through most of the coins in the local inventory. I'll lose hope and exscitement. But for now it helps me. As for silver, are there new halves added all the time that are silver? Of course so. And I get silver in hand rolled or loose halves all the time. Just not the boxes. I think the new machines out here in Pheonix reject silver coins. I know my coin counter at the local bank does, and my Ryedale rejects non-copper pennies, so why not realize the technology used on my little ryedale can be used on the big time re-rollers TOO? Their machine rejects what is not a clad half, and they get the junk (Mexican coins, slugs, etc) out that way and ALSO get the silver in the reject tray (bin?) by default.

Bottom line - marking keeps me hopeful and gives me one more thing to look for while searching. That keeps my INTEREST level up too, and that is good for me, especially when I get things like the 52 of 55 boxes in a row that I mentioned three months ago that were skunks! So I mark. :-) ONLY the ones ending in 9.

I mark. All the 9's. Now you know why. >>

I've advanced since that old post of 2 years ago, but I still mark. Now I mark month AND year, in a spot that doesn't get wiped off. And I find that it takes a year to 18 months for me to get any of my own coins back. Which is interesting for me to know. And even then, only a FEW of the ones I see today are marked by me with previous dates. So although I am doing nickels and pennies MUCH more than halves now, and don't do very many boxes at ALL nowadays (gave up on them), I still look for my marks, still mark new to me 1989 or 1979 coins, and still get all the loose halves I can get.

HH all.

 

[rovnrbl53]

I'm pretty much with jrf30

The basic reasons I mark the coins are:
1) It will give me a good idea when I'm through the local inventory or a vast majority of it, if that's possible. Then it's time for a new plan.
2) It reduces my sorting time next time around - i don't have to bother looking at the same coin again - I check all dates

More work up front but less downstream and I have a clue what's going on with the coins I'm reviewing. Doesn't have a dang thing to do with how many silvers I'm going to find.

By the way, I'm primarily a relic hunter and I've been on this site off/on for a long time. I had to reregister because of some PC issues hence the low posts...not that I was tearing the place up to begin with.

This is just a sidelight to kill time watching tv....I'd never take a beautiful day to sit around checking coins...too many relic sites to search

Have a good one!!!

 

[SeaninNH]

Re: Tracking your coins - aren't you curious

I use a sharpie and run 3 lines down a stack before I reroll or bag.

I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU!

STOP MARKING YOUR COINS!!!!!!​

I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU! I HATE YOU!


If you can't tell, I've got HUNDREDS and HUNDREDS of your coins and it's sickening to see! STOP MARKING COINS PLEASE!

​

 

[db23]

Re: Tracking your coins - aren't you curious

I use a sharpie and run 3 lines down a stack before I reroll or bag.

If you can't tell, I've got HUNDREDS and HUNDREDS of your coins and it's sickening to see! STOP MARKING COINS PLEASE!

You should start adding a 4th line to them before dumping them back in.

 

[jr98119]

Re: Tracking your coins - aren't you curious

Learn how the 12 federal reserve banks process coin to suppliers( armored car companies) and you will get better understanding of how to your coins travel or not

To the relative newbies here, please tell us how the 12 federal reserve banks DO process coins to the suppliers. 1 bank I pick up from is supplied from Brinks, and the other is supplied from Garda. (The Brinks boxes are both 2 layers/square and rectangular with peep holes - is that possible?
jr

 

[dossier]

Re: Tracking your coins - aren't you curious

Learn how the 12 federal reserve banks process coin to suppliers( armored car companies) and you will get better understanding of how to your coins travel or not

To the relative newbies here, please tell us how the 12 federal reserve banks DO process coins to the suppliers. 1 bank I pick up from is supplied from Brinks, and the other is supplied from Garda. (The Brinks boxes are both 2 layers/square and rectangular with peep holes - is that possible?
jr

I've been doing this for a few months and I'm also curious why one supplier would have two different box types.

 

[rovnrbl53]

Sean - you hate me or you hate the fact you're wasting your time...

maybe you need to change tactics?

And I've just made it my personal mission every weekend to drive the 500 miles to Manchester so I can dump my coins and generate hate mail.

There's silver for you somewhere.

 

[SeaninNH]

Re: Sean - you hate me or you hate the fact you're wasting your time...

And I've just made it my personal mission every weekend to drive the 500 miles to Manchester so I can dump my coins and generate hate mail.

You'll have to drive 130 miles if you want to dump where I get my coins.

I also dump in Manchester