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Nickelless
Administrator
USA
5580 Posts |
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jadedragon
Administrator
Canada
3788 Posts |
Posted - 10/05/2008 : 02:26:06
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Pennies=$0.50 a roll X 50 rolls = $25 a box
Nickels=$2.00 a roll X 50 rolls = $100 a box
Dimes=$5.00 a roll X 50 rolls = $250 a box
Quarters=$10.00 a roll X 50 rolls = $500 a box
1/2s=$10 a roll X X 50 rolls = $500 a box
See the theme? |
“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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Nickelless
Administrator
USA
5580 Posts |
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moboman
1000+ Penny Miser Member
USA
2555 Posts |
 Posted - 10/05/2008 : 09:25:03
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quote:
Originally posted by Nickelless
I assume those are U.S. coin figures and not Canadian boxes, Legacypac?
all boxes are 50 rolls...Unless u get screwed by the bank(like I have), luckily the teller was like, well my tray was over.... |
"99% of all lawyers give the rest of them a bad name" 
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Dan52
Penny Collector Member
USA
422 Posts |
Posted - 10/05/2008 : 14:17:53
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| Nickelless, I have just recently started buying nickels and dimes. I have bought a total of four boxes of dimes. In the first box, I got one 1964 (Roosevelt)silver dime. In the second box I got two silver (Roosevelt) dimes, 1960 and 1964. In the third box I got nada, nothing. In the fourth box I got two mercury dimes a 1937 and a 1944. I've been through 7-10 boxes of nickels. I have found 12 war nickels(35% silver) and 3 indian/buffalo nickels. Only one of the buffalos had a date that was readable 1935. None of these coins are really rare but I enjoy having them. I do this for the fun of it, not for the profit. That's a good thing. lol. Happy hunting. |
Edited by - Dan52 on 10/05/2008 14:18:52 |
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Nickelless
Administrator
USA
5580 Posts |
Posted - 10/05/2008 : 18:24:17
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| Actually, Dan, the reason I'm toying with the idea of buying boxes of nickels, dimes or quarters is less because of silver than it is a savings plan on my part, and if I find silver, that's just a bonus. I've been keeping a few hundred dollars worth of pennies on hand at home in case I need emergency cash, but I'm trying to minimize the hassle for tellers, so I figure I'll switch to higher-denomination coins to at least change things up a little. Most of the junk silver I've bought has been either from local dealers or on eBay, and I'm not hoping to find a lot of "wild" silver, but if I do, I won't complain. |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 10/05/2008 : 18:33:56
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Nickelless.. they also have a $500 double box of dimes, but you don't see that one as often as the $250 box. New Dollars are only $1000 a box.. and really shiny.. with those you only get 40 rolls.
As far as silver searching.. you will get skunked a lot no matter what denomination you choose, but half dollars seem to give the best overall return. Quarters usually are the lowest return. If buying CWR, take a digital scale in with you.. MRBONG sells some nice ones.. and check the roll weights when they sell them to you so you don't get "short-rolled."  |
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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Nickelless
Administrator
USA
5580 Posts |
Posted - 10/05/2008 : 18:42:38
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Hoard, I've got a small digital scale I bought off of Fleabay a while back, but the only thing I've really used it for so far is to see if I had "illegal" pre-'82 zincs. But I'll keep that in mind with CWRs. Of course, if I have to tap into my clad half stash for emergency funds, how many tellers will have a space for $300 in halves? Probably none of them. This is gonna be fun.
WOO-HOO, I also just realized that this is my 1000th post! |
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Edited by - Nickelless on 10/05/2008 18:44:17 |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 10/05/2008 : 18:45:57
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| Of course.. the question begs.. Why do you even have a clad half stash? The trick is to convert them back into operating capital as quick as possible. I also seem to remember one of your banks has a coin counter, so you don't even have to roll them. |
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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Nickelless
Administrator
USA
5580 Posts |
Posted - 10/05/2008 : 18:48:28
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quote:
Originally posted by HoardCopperByTheTon
Of course.. the question begs.. Why do you even have a clad half stash? The trick is to convert them back into operating capital as quick as possible. I also seem to remember one of your banks has a coin counter, so you don't even have to roll them.
I want to have emergency cash on hand in case I need it...and also to help me save up for another large precious metal purchase (lead) that I'll be making soon. I tend not to spend cash if it's not in my bank account or if it's in annoyingly large bags of coins that I don't want to carry around. It's a pain in the butt to carry them, so I don't spend them.[:] |
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---------------
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Are you ready spiritually for hard times? http://www.jesusfreak.com/rapture.asp |
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TenBears
1000+ Penny Miser Member
USA
1021 Posts |
Posted - 10/05/2008 : 20:41:24
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quote:
Originally posted by Nickelless
Actually, Dan, the reason I'm toying with the idea of buying boxes of nickels, dimes or quarters is less because of silver than it is a savings plan on my part, and if I find silver, that's just a bonus. I've been keeping a few hundred dollars worth of pennies on hand at home in case I need emergency cash, but I'm trying to minimize the hassle for tellers, so I figure I'll switch to higher-denomination coins to at least change things up a little. Most of the junk silver I've bought has been either from local dealers or on eBay, and I'm not hoping to find a lot of "wild" silver, but if I do, I won't complain.
I do this with nickels. Out of each box I sort, I will get about $7 in Westward Journey nickels which I save. I also get a silver war nickel just a little less on average than 1 a box. I find a buffalo about one every 20 to 30 boxes. It is a slow way to save, but I enjoy the sorting. I like trying to put together complete folders of coins, and the hunt is fun. I have yet to run across any nickels from 1950 in my sorts. I also sort half dollars on occasion for silver. The only clad I keep are nice pieces that can go in a coin album.
I have sorted some dimes and quarters. I quit those because silver was very rare. I just didn't seem to find anything. |
"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 - 10/05/2008 : 21:44:39
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Nickeless, have you been to Coinflation.com?
You must be logged in to see this link.
Currently, the melt value of a $100 box of nickels is $82.50. A year from now you will still have $100 in 2009 dollars. After 3% (conservative estimate I thnk) inflation, about $97.00 in terms of last years buying power. Of course there's nothing wrong about having some extra $$$ around. I am up to 1289 wheats. 107 of those are between the years 1909-1939. I have a few one quart mason jars filled with non-wheat copper pennies. (1959 - 1981).
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Edited by - Dan52 on 10/05/2008 21:54:53 |
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Nickelless
Administrator
USA
5580 Posts |
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jadedragon
Administrator
Canada
3788 Posts |
Posted - 10/06/2008 : 01:05:09
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quote:
Originally posted by Nickelless
I assume those are U.S. coin figures and not Canadian boxes, Legacypac?
Coin rolls and boxes are all the same in Canada and the US (except we really don't circulate 1/2s in Canada). |
“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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Nickelless
Administrator
USA
5580 Posts |
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jadedragon
Administrator
Canada
3788 Posts |
Posted - 10/06/2008 : 01:37:13
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| In the US halves don't really circulate. In Canada in the 1970's I remember that 1/2s were rarely seen - but now they are almost NEVER seen. I buy a lot of coin as you can imagine, but I've only bought two Canadian halfs = one from a teller who offered it to me, one from a kid trying to deposit it who was told by the teller it was no longer acceptable to use it (not true - it's legal tender). I got a call on the weekend from a nearby bank saying they just got $12 in 1/2s in - I'll be picking them up tomorrow! Might even find silver. |
“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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Computer Jones
1000+ Penny Miser Member
USA
1112 Posts |
Posted - 10/06/2008 : 22:23:10
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If you want to keep coins, I suggest a couple of of hundred (thousand?) in Nickles. Once Ni and Cu achieve their real value, you'll reap the inflationary profit.
At the very least you'll have the chance to find some Silver WWII Nickles and maybe an IH/Buff or two. Everything else will still be redeemable in FRN's (if anybody still considers them legal tender) or used to trade for goods and services.
They can even be melted down to re-loadable sizes (they fit a 10 gauge pretty well as is) and can be used to make fishing weights. |
There's profit if you melt things!!
8{> |
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Nickelless
Administrator
USA
5580 Posts |
Posted - 10/06/2008 : 22:46:41
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| I'm just trying to keep an emergency cash reserve on hand that will annoy the bank less than when I make an unscheduled deposit of a few hundred dollars worth of pennies. Of course, very few people seem to spend halves so not only could I find some wild silver, but I'd probably still annoy the bank because they probably wouldn't be accustomed to that much in halves at any one time. They already know I'm a bit eccentric, I just try to cut back on the annoyance whenever possible. |
Visit my new preparedness site: Preparedness.cc/SurvivalPrep.net
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---------------
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Are you ready spiritually for hard times? http://www.jesusfreak.com/rapture.asp |
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moboman
1000+ Penny Miser Member
USA
2555 Posts |
Posted - 10/06/2008 : 22:55:59
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quote:
Originally posted by Nickelless
I'm just trying to keep an emergency cash reserve on hand that will annoy the bank less than when I make an unscheduled deposit of a few hundred dollars worth of pennies. Of course, very few people seem to spend halves so not only could I find some wild silver, but I'd probably still annoy the bank because they probably wouldn't be accustomed to that much in halves at any one time. They already know I'm a bit eccentric, I just try to cut back on the annoyance whenever possible.
And on top of that, when you need the cash, the tellers could be all new, and not friendly. You go to deposit 10 boxes of nickels and they say "the f word", but if you walked in with a sealed $1000 box of sacs or pres dollars, they just would give you the grand. I would think anyway, the less coin the better. |
"99% of all lawyers give the rest of them a bad name"
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Nickelless
Administrator
USA
5580 Posts |
Posted - 10/06/2008 : 23:29:38
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| Well Moboman, for unscheduled deposits, I typically just deposit whatever change I take to the bank and use my debit card afterward instead of asking for FRNs, on the premise that I HAVE to get this money in my account to cover outstanding checks or whatever. It's none of their business what I do with my money as long as my account isn't overdrawn. They work for me, I don't work for them...but I do plan to make my first big deposit of Hershey's Miniatures this week to help them forget about zinc for a while. |
Visit my new preparedness site: Preparedness.cc/SurvivalPrep.net
--Latest article: Stocking up on spices to keep food preps lively
---------------
Be prepared...and prepared to help: http://www.survivalblog.com/charity.html
Are you ready spiritually for hard times? http://www.jesusfreak.com/rapture.asp |
Edited by - Nickelless on 10/06/2008 23:47:43 |
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A box of pennies is $25, but how much...
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