Box 19 – Coin Roll Hunting $25 in Pennies

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.

It’s September 7th and 8th 2021 and I’m searching through pennies. Box 19 was your typical box. Nothing earth shattering to report, just a solid 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 19 of coin roll hunting $25 in pennies.

• $5.40 of copper.
• (11) random wheat pennies.
• (5) Canadian pennies.
• (1) nice coin for albums.
• $19.60 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: I’m getting smarter about this whole process. First, I open all the rolls and put them in a box. Then I sort through them all. Before I even count the coins, I take the rejects back to the bank. That way I don’t need to count the copper. I just subtract the rejects from $25.00 and that gives me what I pulled out in copper.

Note to self take two: Previously I was counting the all the coins to see if I had enough for a complete box. That was very time consuming. Now, all I need to do is get 17lbs of coins. Since I know that 17lbs is approximately a full box. Once I have seventeen pounds then I count and roll the coins into a full box. It is nice to have a process going forward.

Copper prices are down from my last article. No big deal, just making notes for myself.

Thanks

Dave