Any coin roll hunters on Tildes?
I was just in the thread about if stores should stop accepting cash, and to my horror there was many people advocating to getrid of small change
So are there any coin roll hunters here that would be mega bummed out if we got rid of small change?
Here in canada, there's still some neat coins you can find in circulation
with nickels you can still find old laureate crown portraits and even older king George the 6th, and if your super lucky to hit a collection dump, king George the 5th nickels
With dimes there was still many silver dimes you can find in circulation, I recently hit 4 rolls of silver dimes on a hunt, awesome collection dump, thats $370 worth of silver for $20, I rode that high for days
Quarters still have some old silver coins in circulation, but not as many as dimes
And Canada has something bad the americans dont have ARP, alloy recycling program, you see in canada all modern coins are made of steel on this inside, with plating of other metals,like nickel plated steel or bronze plated steel
So dimes and quarter pre 2000 are 100% nickel, and ARP takes them out of circulation
Nickels pre2000 are same alloy American nickels and pre 1982 are 100% nickel, ARP takes both these out of circulation
So in canada us coin roll hunters are scrambling to get the coins we want before ARP does
If there are no coin roll hunters to speak up on tildes, AMA about coin roll hunting
I used to coin roll hunt all the time but it really started to breed animosity at the bank. So then I had to start rotating where I was getting my boxes from and where I was cashing them in. Eventually someone came up to me and told me I couldn't use their machine anymore as I was putting too much wear on it. I pulled some great silver (even a bunch of walkers) but I just felt more and more guilty about it until I eventually stopped altogether. I do miss it though.
Could you explain your process a bit? Are you getting coin rolls from the bank? Or putting lots of coins into the bank... I am unfamiliar with the bank's role in this, as I only ever collect things I find by happenstance.
Its a bit different in the states so I'll let him answer on that, but in canada, I just go to the bank and ask for a box of xyz, a box is 50 rolls, so a box of nickels is $100, a boz of dimes is $250, a box of quarters is $500, a box of loonies is $1000
I have a separate dump bank than where I get the coins, as in canada banks will hand out rolls customers brought in, which they dont usually do in america, so if I tried to get rolls from my dump bank, I'd probably get a bunch of my own already searched rolls
I would go to the banks and order BOXES of half dollars. I forgot I think they were $500 boxes. I'd order two every week. I'd go through them at home with my wife, pull all the silver out, then cash in all the clad ones. Rinse and repeat.
Yeah, that sounds super fun... I always assumed that if something old made it to a bank, it was immediately taken out of rotation. It makes sense that they wouldn't be able to get it all though.
You'd be surprised. I've found some crazy old coins in the reject bins at coin star. Whether it's a kid getting into their parent's collection or someone just not knowing what they have some really neat stuff makes its way into circulation.
I am not, but I recently got a 20c coin from Vatican City, which was pretty neat due to it's rarity. It was actually the first time I've seen a Euro coin from there in more than 20 years that Euro excists.
I'm pretty sure I accidentally spent it on a coffee. But I didn't dread it, what am I supposed to do with it anyway, frame it to look at it?
Not a coin roll hunter but I dabble in numismatics. I have spent far more on my Roman denarius and Greek coin collections than I care to admit. No rhyme or reason to it. I see a piece I like, it's in my "acceptable" price range, while being market price atm appropriate and I am liable to pick it up.
I do love getting a random steel penny or Buffalo nickel in circulation which hasn't happened in a couple of years. Was recently given a 1952 (iirc) US $1 silver note as change. Immaculate condition considering it was in circulation.
I think I am in your hobby neighborhood, yeah?
Yup same hobby neighborhood
Not a coin collector really but on a somewhat tangential note since you referenced coins with King George, I worked retail for five summers in a tourist town near the Canadian border so we used to get a ton of Canadian change, and I would always nab any King George V or VI coins. I thought they were foreign the first time I saw them because it wasn't Elizabeth. It really hadn't occurred to me until then how crazy it was that the heads side of Canadian currency is supposed to change semi-regularly as monarchs die, but Elizabeth stuck around so long that she completely and utterly replaced all other coinage in circulation.
Used to grab any other weird bills or change that came through too. I think most retail people do, or at least every retail store has one or two people that do it for the entire store. I had a co-worker with hundreds of two dollar bills just from working there for years. My hot take is don't get rid of cash because, like you say, it can be cool to find stuff like that.
I have a super old penny collector sheet, for the 1940s pennies. It is a little booklet that you can slip the pennies into. And some other old rando coins in a tin, buffalo nickels and mercury dimes. I loved finding them when I worked a register. I even have some weird steel pennies that I got from the tip jar once! It would be weird if coins disappeared, the concept is sort of timeless.
Do you spend much time admiring your collection, or displaying?? Or is it about the hunt? Also.. how do you even go about finding stuff if you don't work at a cash register?
I admire the collection from time to time, its like the same feeling if you own goldor silver bullion
I got to the bank, and usually ask for a box of coins
A box is 50 rolls,so nickels are $100, dimes $250, quarters $500