Saturday, July 10, 2010

Coin Roll Hunting (CRH) Basics

Coin Roll Hunting (CRH) is a hobby where you go through rolls of coins and pick out what coins you want to keep. Most people just look for silver coins but you can also look for other old coins that are still in circulation today, and error coins. The easiest way to get to do this is by going to your local bank (its recommended that you have an account with them) and asking for a box of coins. Then you search through all of them and take them to another bank branch and return them for your money back. This may sound odd but yes old coins are still in circulation, they are rare but the more coins you search through the better your odds at finding them are. Below is the type of coin box, the price, and what you can find in them.

*Penny box = $25, wheaties are a common find in every box, on average I found 12-18 wheaties. Indian Head pennies are more scarce but they are still out there waiting to be found.


*Nickel box = $100, early Jefferson's 1938-1959 are very common and I averaged a Buffalo nickel every 2 boxes. I have never found a V-Nickel but plenty of them have been found.




*Dime box = $250, 1 or 2 silver Roosevelt (1946-1964) can be found in just about every box. Mercury dimes are also common to find, I averaged maybe 1 for every 3 boxes and I have also found a Barber dime.



*Quarter box = $500, I have searched through multiple boxes of quarters and haven't found a single silver coin. Maybe you will have better luck than I did.

*Half Dollar box = $500, usually banks don't have them on hand and you must order them but always ask if they have any half dollars as you may get lucky. Searching half dollars are the most profitable as they usually have more silver coins per box than any other denomination. Also you should know that 1964 was the last year for 90% silver coins then 1965-1970 they were made of 40% silver. The majority of silver coins that you will find will be 40%'rs but its not uncommon to find Franklin's, Walking Liberty's, and the occasional Barber half's in a box.



The best thing about Coin Roll Hunting is that you get all the coins at face value!!! Once your done with your box, just return them and start all over again. Real important though - DO NOT RETURN YOUR COINS TO THE BRANCH THAT YOU BOUGHT THEM FROM!!! The reason is they will quickly cut you off and not let you buy any more coins from them as your just wasting their time. Also if the bank asks if you have a business just say no, your a coin collector. I have been saying that for years and they never gave me any problems at all.

3 comments:

  1. Nice post. I just recently started CRH'ing mainly half dollars. I am drooling over the pic of the halves box in your post. What did you end up pulling from that box??

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  2. Exactly, I want to know too!! I've never seen a box like that of halves.

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  3. Nice to see some confirmation about half dollars being the most profitable. I figured that this is the case, since fewer half dollars see circulation in day-to-day life. Too bad dollar coins are the same way, or else one might find the odd silver dollar mixed in.

    You would be amazed how many silver halves are still out there. I used to play 50 cent machines at a casino nearby just a few years ago. I would put $10-20 in and cash out. Sometimes, almost a quarter of the silver dollars that came out were pre-1970! This method is becoming pretty rare since so many casinos have converted to ticket only machines instead of real coins.

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