Box 11 – Coin Roll Hunting $25 in Pennies

Welcome to my eleventh 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, I’ve decided to get back into the swing of things. It’s a lazy summer day, Sunday July 11, 2021 and I’m taking it easy and searching through pennies.

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. Finding treasure is always fun.
3. To build a small copper bullion portfolio. There’s always room for more bullion in my portfolio.

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

• Small pile of copper, after returning the rejects, it turns out I pulled about ($5.20) from box 11.
• (17) random wheat pennies.
• (7) Canadian pennies.
• (4) 1959 D pennies
• (1) 1959 penny
• 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.

CONCLUSION

It was an nice box of coins. My son is having a fun opening all the rolls. 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 it continues, an extra pair of hands is super helpful.

At the time of this writing the price of copper is around $4.29/lb, an increase from when we last posted an article. My plans are to hold this for a long time. This is screen shot from the internet for metal commodities on MSN.

I finally took the rejects to the bank. Since this was the left-overs from box 11, the total when I returned them was $19.80. So that would have meant that I pulled $5.20 in cooper from box 11.

Thank you,

Dave