Welcome to my fifth coin roll hunting article
I’m Dave Gates and this article series documents my experience coin roll hunting pennies.
I initially started coin roll hunting in November of 2017.
So this year, I’d like to do more of this and maybe even expand to other coins or currency hunting. Which would you like to see?
Goals for coin roll hunting
Please read my inaugural coin roll article for my goals and thought process. Below is the short version.
- To have some fun.
- Treasure Hunting.
- To build up a copper bullion portfolio.
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So here is what I found from my fifth box of coin roll hunting $25 in pennies.
- $6.40 copper coins, which I’ll add to the bullion portfolio. (note: forgot to take a picture of this)
- (12) random wheat pennies.
- (5) Canadian pennies.
- Lots of other newer zinc coins which I’ll return to the bank.
I’m lucky the bank I use has a coin counting machine when returning the zinc pennies, so this won’t cost me. Some banks charge a 10% fee on the amount counted.
In fact one reason for starting this project was to keep my cost as minimal as possible. If I had to pay for returning the rejects I don’t think I’d be as agreeable to this project.
Here are some highlights from box 5 coin roll hunting.
I forgot to take a picture of the copper coins, before I added them to the bin I started. The oldest wheat I found was 1935, pretty cool.
It was an OK box of coin hunting. My son is having a fun opening all these rolls of coins. I have may have lost a few coins under the furniture, but at least he is having fun, kudos that he picks them up too. Mommy is not so impressed coins tossed all over the house.
At the time of this writing the price of copper is around $3.17/lb, although copper prices are declining a bit, I don’t think it is any to be concerned about. My plans are to hold this for a long time anyway.
Additional notes: Having a serving tray to work on as shown in the pictures is a great way to move this project around the house as I work on it. Sometimes I work in the kitchen, sometimes I work at my desk.
Having a convenient way to move this around is great. I’d highly recommend one if you decide to coin roll hunt.
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