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 14th and 15th 2021 and I’m searching through pennies. Box 20 was a nice box. Lots of copper and eleven wheat pennies. Continue below for results of box 20.
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 20 of coin roll hunting $25 in pennies.
- $5.92 of copper.
- (11) random wheat pennies.
- (4) Canadian pennies.
- (0) nice coin for albums.
- $19.08 of 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
Box 20 was pretty good in terms of copper. I’ve been averaging about $4.00-$5.00 in copper per box. And since that is one of the goals for this round of hunting, I’m pretty satisfied with the results. My best guess is that I’ll need about 3 more boxes to get to my 17 pound goal.
If I remember correctly, my all time best box in terms of copper was about $9.00. I’m wondering if I’ll ever top that.
Copper prices seem to be up from my last article.
Thanks
Dave
