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, Tuesday July 27, 2021 and I’m searching through pennies. Box 16 was a decent box. Continue reading for the results of this hunt.
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.
- Stay productive and keep busy.
- Treasure Hunting. Sort of fills that Indiana Jones wanna-be character. Finding treasure is always fun.
- To build up a copper bullion portfolio. There’s always room for more bullion in my portfolio.
So here is what I found from box 16 of coin roll hunting $25 in pennies.
- $5.94 of copper.
- (13) random wheat pennies.
- (2) Canadian pennies.
- (2) nice coins for albums.
- $19.06 of other newer zinc coins which I will 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
Note to self, and future me, this is a box of pennies I acquired from another local bank (CLBK) If you have been following along, you’ll know the bank I usually go to, gave me an almost completely new box of coins recently.
Note to self: I create the article, before I take the coins back to the bank. So I don’t know the exact dollar amount of copper I pull from each box. I need to return the zinc coins, once I know that amount, then I round up to $25 and that’s the amount of copper.
In this case, I search though one box, pull out the copper and other treasures. I return the rejects before I start another box. With this process I’m able to determine exactly how much copper I pulled from each box. Brilliant!
This is the second box I got from another bank. I’m glad I went back as this one had a decent amount of copper. What are you finding in your area? Are all your boxes filled with newer coinage?
Thanks,
Dave