Welcome to my tenth 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.

After a long break from coin roll hunting, I’ve decided to get back into the swing of things. It’s a lazy summer day, hot and humid today (July 7, 2021) and I’m taking it easy and searching through pennies.

Bonus the kid wanted to help search too. He also asked several questions about the dates etc. Nice learning experience for him.

Goals for coin roll hunting

Please read my inaugural coin roll article for my goals and thought process. Below is the short version.

1. To have some fun, stay productive and keep busy.
2. Treasure Hunting. Sort of fills that Indiana Jones wanna-be character.
3. To build up a copper bullion portfolio. There’s always room for more bullion in my portfolio.

So here is what I found from my tenth box of coin roll hunting $25 in pennies.

• Small pile of copper, I don’t even count the value at this point.
• (7) random wheat pennies.
• (2) 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. I believe vending machines like Coin Star are similar.

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 10 coin roll hunting.

(5) 1959 pennies
(3) 1959 D pennies
(7) wheat pennies,

Conclusion

It was an ok box of coins. My son is having a fun opening all the rolls of coins. Honestly, I was surprised he wanted to help. When we first started he only wanted to open the rolls of pennies. Fast forward a few years and now he actively ask questions and is able to sort them by date. Awesome! I hope in continues, an extra pair of hands is super helpful.

At the time of this writing the price of copper is around $4.32/lb, an increase from when we last posted the last article. My plans are to hold this for a long time anyway. This is screen shot from the internet for Metal Commodities.

Update 7/8/2021

I finally took the rejects to the bank. Since this was the left overs from one box, the total when I returned them was $18.37. So that would have meant that I pulled $6.63 in cooper from box 10.

Thank you,

Dave