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Dan52
Penny Collector Member
USA
422 Posts |
 Posted - 09/19/2008 : 13:50:08
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Got three boxes pennies, one box of nickels, and one box of dimes. This will be my first venture into nickels and dimes. What can I expect?
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TenBears
1000+ Penny Miser Member
USA
1021 Posts |
Posted - 09/19/2008 : 14:11:39
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quote:
Originally posted by Dan52
Got three boxes pennies, one box of nickels, and one box of dimes. This will be my first venture into nickels and dimes. What can I expect?
One silver war nickel, and about 20 or so pre-1960 nickels. You may get one silver dime out of the box, but those are rare, at least for me. |
"Rich," the Old Man said dreamily, "is not baying after what you can't have. Rich is having the time to do what you want to do. Rich is a little whiskey to drink and some food to eat and a roof over your head and a fish pole and a boat and a gun and a dollar for a box of shells. Rich is not owing any money to anybody, and not spending what you haven't got." Robert Ruark
there are too wild Indians...
there are too wild Indians...
there are too wild Indians...-----still taunted
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Dan52
Penny Collector Member
USA
422 Posts |
Posted - 09/19/2008 : 14:57:22
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Thanks ten bears. I have to go on the net to find out what year dimes and nickels to keep. So pre-1960 nickels are the ones to keep? What years for dimes?
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jadedragon
Administrator
Canada
3788 Posts |
Posted - 09/19/2008 : 15:27:43
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US Silver War Nickels are 1943-45 (I think) often look dirty colored, and have a big mint mark P/D/S above Montechello.
Any Canadian Nickel 1981 and earlier is Pure Nickel and worth keeping. I sell them for 2X face. The exceptions are some Canadian war nickels (chrome plated/tombec) that are worth more as collectables. If it's got a king on the back it might be worth more as collectable then Ni value.
US Dimes and Quarters to 1964 are 90% silver.
Canadian Dimes and Quarters to 1966 are 80% silver
Canadian Dimes and Quarters dated 1967 are either 80% or 50% silver and feature a fish on the dime and couger on the quarter(composition changed partway through the year)
Canadian Dimes and Quarters dated 1968 are either 50% silver (worth saving) or 100% Ni (not worth saving at this time)
You can tell the silver from the nickel with a magnet (or by sight if you are used to it). Nickel is very attracted to a magnet - silver is not.
Good luck - don't expect to find too much and you will not be disappointed. If you don't want to return to the bank so much coin, it is easier to dump rolls or handfuls of dimes and quarters with small purchases then dumping pennies. |
“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
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Dan52
Penny Collector Member
USA
422 Posts |
Posted - 09/19/2008 : 15:50:54
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Thanks for the info legacy. I have went though five rolls of dimes and nothing yet. To tell you the truth, I am not really expecting anything, as I haven't seen a siver dime in circulation since I can't rememeber when. So far, I have been putting the dimes in rows...5 x 10 and going over them with a mag glass. I am debating on whether or not just to spread them out and look for what apppears to have some age. I am wary of doing that because I have seen wheats that on the lincoln side or both sides for that matter, you can sometimes have mint state has no wear even though the coin is 50 years old or older. Anyways, thanks again folks.
PS: Each time I go over fifty dimes, I then put them (50)in these empty pill bottle that I have. 50 dimes for each bottle. That way, when I have to roll them, there won't be any counting. |
Edited by - Dan52 on 09/19/2008 15:54:07 |
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jadedragon
Administrator
Canada
3788 Posts |
Posted - 09/19/2008 : 16:40:07
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Good plan - if you have some silver dimes to compare against, you might put those out as samples.
US dimes and quarters can be quickly edge checked for Silver (if you see the two colors of clad - it is not silver) if you are not worrying about errors.
Canadian dimes - learn the various "face" sides and discard any that have the newer Queen's pic on them right away. Anything with a King is a keeper. Those with young Queen's get a second look and date check.
Ditto on the Canadian Nickels, but you want medium age queens too. If she looks old without a crown, it's steel and can be discarded. |
“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
Why Copper Bullion ~~~ Interview with Silver Bullion Producer Market Harmony
Passive Income blog |
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moboman
1000+ Penny Miser Member
USA
2555 Posts |
Posted - 09/19/2008 : 17:15:31
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quote:
Originally posted by Dan52
PS: Each time I go over fifty dimes, I then put them (50)in these empty pill bottle that I have. 50 dimes for each bottle. That way, when I have to roll them, there won't be any counting.
What i do is just wait till i have a thousand bucks worth and bag them.
Dimes/quarters/halves are easy because u can just look at the edge and then push them off the table into the bucket.
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"99% of all lawyers give the rest of them a bad name" 
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Nickelmeister
Penny Hoarding Member
Canada
588 Posts |
Posted - 09/20/2008 : 09:44:42
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Legacy - is there any methodology for discriminating between 50% adn 80% Canadian 1967 junk silver?
I have lots of centennial dimes and quarters, but have no way of definitively calculating their metal content. |
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jadedragon
Administrator
Canada
3788 Posts |
Posted - 09/20/2008 : 19:23:42
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quote:
Originally posted by Nickelmeister
Legacy - is there any methodology for discriminating between 50% adn 80% Canadian 1967 junk silver?
I have lots of centennial dimes and quarters, but have no way of definitively calculating their metal content.
We recently had a discussion about that question when I asked it. The only conclusion was to melt the coins and assey the metal. A possible solution is to run them through a well tuned Ryedale against known 80% and 50% (1968) coins but no one has tried that successfully. Personally I pretend they are all 50%. Some evidence was presented that on melt most turn out to be 80%.
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“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
Why Copper Bullion ~~~ Interview with Silver Bullion Producer Market Harmony
Passive Income blog |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 09/21/2008 : 00:45:05
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quote:
Originally posted by moboman
quote:
Originally posted by Dan52
PS: Each time I go over fifty dimes, I then put them (50)in these empty pill bottle that I have. 50 dimes for each bottle. That way, when I have to roll them, there won't be any counting.
What i do is just wait till i have a thousand bucks worth and bag them.
Dimes/quarters/halves are easy because u can just look at the edge and then push them off the table into the bucket.
I don't want to wait until I have a grand tied up to cash them in. I just toss them in one of the automatic rolling machines after I check them and roll up fresh rolls. Then I deposit them at one of my banks the next day.  |
If your percentages are low.. just sort more. If your percentages are high.. just sort more.
Now selling Copper pennies. 1.6x plus shipping. Limited amounts available. |
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Dan52
Penny Collector Member
USA
422 Posts |
Posted - 09/21/2008 : 13:25:59
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| Well I finished sorting the box of dimes and nickels. I did find one 1964 silver dime. In the nickels I found some 1930's, and 1940's, and I guess I'll hang on to anything pre 1959. I found the dime in the 42nd roll. I went over all dimes thoroughly, in the hopes of spotting one of those P-less 1982 dimes. No luck there. |
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n/a
deleted
51 Posts |
Posted - 09/22/2008 : 10:52:56
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I tried going through a few rolls of dimes & gave up after finding nothing. Only to get a silver one in change from a purchase 3 weeks later! That's how MY luck goes.
legacypac- see my post here You must be logged in to see this link. about my upcoming attempt to measure SG (specific gravity). I don't know the metal content of the cdn coins, but do you think a setup like that to measure SG would work? |
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Dan52
Penny Collector Member
USA
422 Posts |
Posted - 09/22/2008 : 13:47:13
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I went and got a second box of dimes, nickels, and pennies. I found 2 mercury dimes...a 1937 and a 1944, neither of which are rare, but they look cool! Gonna check through the nickels now.
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Edited by - Dan52 on 09/22/2008 13:51:22 |
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jadedragon
Administrator
Canada
3788 Posts |
Posted - 09/22/2008 : 15:18:31
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I went through about $100 Cdn of dimes and $500 in Quarters on the weekend. No silver, but built over two rolls of US dimes, for about 75 cents profit and about 5 rolls of US quarters (including 3 solid US rolls found with chinese writing on them) for about $3.75 profit. Lucky no pennies or obviously short rolls.
Found another UK 5 pence piece (same size, but a little thicker then a dime) to add to the collection of UK coins. Found a Singapore quarter size (20 cent maybe?) coin too. Darn Royal Sovergn would not coint dimes correctly yesterday. Darn CS 10 would not run them either. No idea why these units were acting up. So they took a while to reroll.
Dime and quarter sorting is truly a waste of time, but it makes for a good diversion from pennies and nickels. I only do it when tellers offer me dimes and quarters they want to get rid of - never tell a teller no if you can help it. |
“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
Why Copper Bullion ~~~ Interview with Silver Bullion Producer Market Harmony
Passive Income blog |
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Dan52
Penny Collector Member
USA
422 Posts |
Posted - 09/22/2008 : 16:43:39
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Legacypac wrote:
"never tell a teller no if you can help it."
Legacypac, I agree about not telling a teller "no". My motto is "Never screw over those who have the greater power to screw over you".
I hope I didn't tick of that teller today when I said I would prefer a "box" of nickels rather than a bunch of rolls.
I still can't believe that there are still mercury dimes out there. I mean, who wouldn't save those once they had them in their change? I'm considering getting another dime box tomorrow. |
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jadedragon
Administrator
Canada
3788 Posts |
Posted - 09/22/2008 : 17:59:10
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I carry small rubbermaid bins just for those days they come up with a bunch of rolls. I have a whole bunch with two handles that hold about $100 worth of penny rolls if the rolls are not bundled. That is about my lifting limit anyway.
I deposited nearly $800 in rolled coin at one of my main banks, and included a normal fresh new $25 red penny box filled with chocolate coins in the batch. All the real coins were in 10 blocks of rolls, so the teller picks up the penny box and it is obviously light. She opens it inquizitively, laughs, and sets it on the counter between us. I said "I brought these for you", but she must not have believed me. As I'm leaving, the next guy in line calls out to me that I forgot something. Teller holds up the penny box - so I say "no, those are for you" and I got a shocked "oh, really?". As I left she was showing her co-workers :) They treat me really right there - and that should help out. I thought the nice looking penny box was better looking and more appropriate packaging then the little mesh bags the coins came in. They can just close the penny box on the counter, or store in the coin vault, and no one will know it is all chocolate! |
“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
Why Copper Bullion ~~~ Interview with Silver Bullion Producer Market Harmony
Passive Income blog |
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Frugi
Administrator
USA
627 Posts |
Posted - 09/22/2008 : 19:54:32
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The REAL money is in a half dollar bag. It is even better when you can get in good with your local tellers and they sell you the brinks machine half dollar bags. They are always loaded with silver & I even found a colonial Connecticut in one bag once. The bag is $500.00, but you will double or triple your investment.
half dollars and cents are all I do now.
ask around ALL of your local coin stores for:
loose, bagged, or rolled Canadian cents (pre96) & nickels (pre81)
(they are always willing to sell at equal exchange for US$)
most coin stores are unwise to the metal value or simply don't care,
some even think they are helping out a small time coin collector. Thanks!
ALSO, to avoid actually sorting, you can also ask around local coin stores
for rolled cents from the 1960's & 1970's BU in original rolls. You can usually get
all the most common years for $0.02 each, no matter what copper price is.
LASTLY, US nickels are best bought by the box and left unopened, unsorted and stored. |
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Dan52
Penny Collector Member
USA
422 Posts |
Posted - 09/22/2008 : 22:08:28
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Frugi, others, are there rolling sleves available for half dollars? What I am wondering is if its hard to return the half dollars that are non-silver?
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Epaphras
Penny Collector Member
USA
382 Posts |
Posted - 09/22/2008 : 22:15:50
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| I've been doing nickels for the past two weeks. I get about 1 or 2 war nickels and 20 pre 60's per box; I even found a blank yesterday. |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 09/22/2008 : 22:20:55
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| Dan.. there are paper rolls for half dollars.. There is also automatic rolling paper if you have the right rolling machine. Also, if you carefully undo the crimped end on machine rolls, you can reuse that wrapper to reroll them in. |
If your percentages are low.. just sort more. If your percentages are high.. just sort more.
Now selling Copper pennies. 1.6x plus shipping. Limited amounts available. |
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jadedragon
Administrator
Canada
3788 Posts |
Posted - 09/22/2008 : 22:44:38
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| I get my flat sleeve 1/2 paper from my friendly Bank of America for free. Also, many of us try to spend clad 1/2s agressively to spread them out. Many people never see them, figure they are special, so they keep them. Every clad 1/2 in someone's sock drawer is a 1/2 we don't have to sort over and over again. I do hardly any 1/2s because I can only round them up when I'm in the US, but I've used them for fast food, tips, and other small purchases. |
“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
Why Copper Bullion ~~~ Interview with Silver Bullion Producer Market Harmony
Passive Income blog |
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Dan52
Penny Collector Member
USA
422 Posts |
Posted - 09/22/2008 : 23:22:40
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Thanks folks, looks like halves are gonna be my next project. I got what I believe is 20 swiss francs in my nickels today. It says confeoderatio helvetica on the front and has "20" surrounded by a wreath on the back (obverse?). I also got my first war nickel (1943). I hyped up over those two mercury dimes. I haven't seen a mercury dime in over a decade. Thanks again for the info.
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jadedragon
Administrator
Canada
3788 Posts |
Posted - 09/22/2008 : 23:26:42
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Cool - yes that is 20 swiss francs you have found - gotten one or two of them myself.
You must be logged in to see this link. this thread is mostly about 1/2s |
“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
Why Copper Bullion ~~~ Interview with Silver Bullion Producer Market Harmony
Passive Income blog |
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moboman
1000+ Penny Miser Member
USA
2555 Posts |
Posted - 09/22/2008 : 23:43:50
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quote:
Originally posted by HoardCopperByTheTon
quote:
Originally posted by moboman
quote:
Originally posted by Dan52
PS: Each time I go over fifty dimes, I then put them (50)in these empty pill bottle that I have. 50 dimes for each bottle. That way, when I have to roll them, there won't be any counting.
What i do is just wait till i have a thousand bucks worth and bag them.
Dimes/quarters/halves are easy because u can just look at the edge and then push them off the table into the bucket.
I don't want to wait until I have a grand tied up to cash them in. I just toss them in one of the automatic rolling machines after I check them and roll up fresh rolls. Then I deposit them at one of my banks the next day.
It's safer than having a grand tied up in FRN! Atleast someone wont just walk off with 50 pounds . |
"99% of all lawyers give the rest of them a bad name"
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 09/23/2008 : 01:58:05
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| Sure they would. You should have seen me walking out of the post office the other day when I forgot to take any of my wheels. Got 2 big shipments. Walked out of the PO carrying a tub weighing about 110 pounds. Those are always the days when you don't get a good parking space. |
If your percentages are low.. just sort more. If your percentages are high.. just sort more.
Now selling Copper pennies. 1.6x plus shipping. Limited amounts available. |
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Epaphras
Penny Collector Member
USA
382 Posts |
Posted - 09/23/2008 : 05:25:02
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| I've been doing nickels for the past two weeks. I get about 1 or 2 war nickels and 20 pre 60's per box; I even found a blank yesterday. |
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