Welcome to my eigth and ninth coin roll hunting article
Recently my son and I opened two boxes of pennies to search for treasures “wheat pennies.” Note to self, opening two boxes makes it much more difficult to process, catalog and then write up an article once you are done opening all the rolls.
I like to create one article per box, I think its more organized and easier to track. I was trying to keep the kid busy one day so that makes up for the additional work on my side. This article and tracking is a mess of stuff. I also forgot to take pictures of the boxes, before and after. I find myself talking to my self as I write this article, can you tell?
I also need to remember to write the article before too much time passes. I’m just getting to this article two or three weeks after we finished opening them. Keep in mind the items listed below are from two full circulated boxes of pennies.
I also failed to count the amount of copper I pulled from both boxes. But the image in the middle with the pile of pennies is the copper. The individual pennies on the tray lined up are the treasures “wheat pennies.” we found.
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, and stay productive during our bitter cold Chicago-land winters. Fill up idle time and keep busy.
- Treasure Hunting. Sort of fills that Indiana Jones wanna-be character.
- To build up a copper bullion portfolio. There’s always room for more bullion in my portfolio.
So here is what we found from our eight and ninth box of coin roll hunting $25 in pennies.
27 Wheat Pennies
12 Canadian pennies
14 Very nice condition, various date pennies
4 1959, pennies
Conclusion
It was a nice two box of coins. My son is having a fun opening all the rolls of coins.
At the time of this writing the price of copper is around $2.68/lb. My plans are to hold these for a long time, so the price flections don’t bother me. This is screen shot from the internet for Metal Commodities.
By now I have enough copper to start rolling and repackaging these into the boxes. I had the crazy idea of doing this by date, which turns out to be a tedious and lengthy process. But since I have the coins, I though it would be worth creating a box of just 1960 copper coins, 1970 copper coins, and 1980 copper coins. So that is exactly what I started doing.
I pulled the 1959 pennies and may just hold these in a separate lot just to have. As info, I only pulled 1980, 1981 and 1982 dates for the 1980 rolls. 1982 was the last year the copper penny was issued. I know some are particial copper what I wasn’t going to weight them. I just threw them all together.
Now to roll and store them in date appropriate boxes. I started this process by using the copper from previous articles. So we have a good start. Interestingly, I’m finding the 1970’s are the most popular year for copper coins. At least that’s what i’m finding here in good old Crystal Lake, Illinois.
Take care,
Dave