Monday, September 11, 2006

What is coin roll hunting?

Coin roll hunting is searching through rolls of coins that you get from the bank, stores or already have saved up to find error coins or silver coins. Most banks will order you $1000.00 worth of halves at a time, which is normally two boxes. I have a bank I buy from and a bank I return the clad coins back to so that I am not searching the same coins everytime. I also prefer halves because the ratio for finding silver seems to be higher, although I sometimes search pennies for the wheat pennies.
Its a form of treasure hunting and is very addicting! Silver coins are on the rise and this is a great way to find these silver coins at cost. As of right now U.S. silver coins have more silver content then their face value.
Older silver coins such as franklins, morgans,walking liberties and peace dollars can also be found. Not only do these silver coins have value because of the silver content, but also depending on condition, tonning and how rare or old they are they might also appeal to collectors and dealers.
The first batch of Halve dollars I searched I pulled a total of 12 silvers, the oldest being a 1949 Franlkin.
I will post my results on here and would also like to find out about your results.

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