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Sunday, January 26, 2014

Nickel Coin Roll Hunting Finds From Box #40


What a great hobby coin roll hunting is! It allows us to accumulate circulated coins that are worth significantly more in their metal value than their face value, yet only pay the face value price for them. While it is no get rich quick scheme (or low for that matter), it is certainly a wonderful hobby that offers us the ability to seek a potential profit down the road, acquire an asset with a good chance of keeping pace with inflation and having a lot of fun along the way.

We are continuing to push towards our 100 pounds of 99.9% nickel bullion for the year by coin roll hunting through our 40th $100 nickel box. Although it is still too early to say definitely, we are confident that our current pace will be sufficient to reach this goal. Here are the results from this week's box:

$100 Nickel Box #40
-85 99.9% nickel nickels (4.25%)
-13 pre-1963 Canadian nickels
-0 pre-1960 American nickels

We are very happy with the amount of older Canadian coins that we have been finding recently. The majority of the pre-1963 Canadian coins that we are finding are the 12-sided variety that standout from the rest. Finding these coins makes coin roll hunting even more of a thrill and continues to bring us back week-to-week. Let us know how you are doing with your finds this month in the comment section below.

2009D American Nickel Found Coin Roll Hunting


One of the many benefits of coin roll hunting is not only finding coins that are more valuable for their metal value than their face value, but also includes finding more rare coins that could potentially fetch a nice premium. Not all of these types of coins need to be minted decades ago. In fact, we recently came across a rare coin that was minted only five years ago. Although by no means is the 2009D a extremely rare numismatic coin, it's low mintage does make it a particularly sought after and difficult to find coin for coin roll hunting hobbyists. For this reason, we were very happy to find our first 2009D American nickel, which we can now add to the 2009P that we found almost two years ago!

Copper Penny Hoarding Before Silver Stacking? - Part 1 and Part 2



Although we are extremely passionate and strong advocates for the amazing hobby of coin roll hunting, we certainly understand that it is not for everyone. Similarly, depending where an individual is in their life, it may not be necessary outside of the excitement and entertainment that coin roll hunting brings. However, for us, as individuals in university with very little available money at the time (we're talking about less than $50 a month!), coin roll hunting was an extremely helpful hobby for us. When we could not afford to purchase silver and gold, coin roll hunting for copper pennies and 99.9% nickel nickels provided us with the means and flexibility to put the knowledge that we had been acquiring for the previous four years into action

The above two videos outline four of the primary reasons why we starting coin roll hunting, and more specifically hoarding copper pennies, before we started stacking silver. Those four reasons, simply, are: the built in floor of one cent, the ability to save on transaction costs, the fact that we could do as little or as much as we wanted and the ability to stop sitting on the sidelines and start accumulating assets that would benefit us within the current inflationary monetary and fiscal policy.

I could go into more detail on each one of these areas here, but it would probably be more beneficial to hear them in the videos above. Once again, I hope that these videos are not interpreted as making an argument for coin roll hunting in place of silver stacking. Both are beneficial in our opinion and each have their own advantages to weigh against your own subjective needs. Let us know what you think in the comment section below, as we always welcome and appreciate any comments and opinions!

Nickel Coin Roll Hunting Finds From Box #39


After setting our 2014 nickel coin roll hunting goal at 100 pounds, we have been making sure to start the year off right. We have a weekly order at a local bank for one $100 box of nickels. This has certainly helped our goal by ensuring that we get closer to it every week. Here are the results from box #39:

$100 Nickel Box #39
-124 99.9% nickel nickels (6.2%)
-8 pre-1963 Canadian nickels
-0 pre-1960 American nickels

We look forward to continuing towards our 100 pound for 2014, as well as sharing all of the results with you. All the best with your searches this week!

Friday, January 10, 2014

Entire Silver Stack - January 2014 Update


Now that we have posted our 2014 silver stacking goals, we thought that it would be a good idea to update our entire silver stack and show where we are starting from. We currently have 34 ounces of silver, with most of it being added during 2013. As you can probably tell, we are trying to get a wide variety of products, including generic bars, silver dimes and coins. The entire 34 ounces consists of either one ounce coins or bars, so we look forward to adding a few more denominations along the way, such as two ounce coins and ten ounce bars.

We hope that this video will help us to stay motivated through the entire year and serves as a good indication of not only where we started, but also what hard work, dedication and some fun can build. I look forward to coming back to this video at the end of the year and compare it to where we are at that time. Hopefully, it will serve as a positive image that indicates our efforts throughout the year.

Let us know what you think about our starting silver stack and what your 2014 silver goals are. Also, if you are thinking about making a silver purchase this month, what are some of the products that you are currently looking at?

Tuesday, January 7, 2014

What Is Your Silver Endgame?


The start of a new year usually brings with it the desire to either change mistakes or unsuccessful strategies made in the past, or to revisit reasons and goals that have been made to provoke original motivations. The new year has made my brother and I engage in many of these actions. We set out our coin roll hunting goals and silver stacking goals for 2014, given the success that goal-setting has provided in the past. However, we have also been reviewing the reasons for why we began to embark on going through coins, looking for ones that are worth more than their face value die to their metal composition, as well as purchase silver. During this review we have discussed what our silver endgame is; more specifically, to what ends are we working towards and when will we ever part with what we have been collecting?

The fact that we have been coin roll hunting and silver stacking in order to protect our wealth from the inflationary monetary and fiscal policies being followed today plays a very important role in answering this question for myself. Due to this ultimate goal and strategy, we are not focusing on a time specific endgame in regards to our silver and copper pennies. By time specific, I mean that I do not have a specific time frame, ounce accumulation over a specific time period or price target that would cause me to sell. For example, I am not firmly committed to holding my silver until retirement, which is likely to be 30 years down the road. It may be the case that this occurs, and it will made sense to hold throughout my entire life, but I am not entrenched on this position.

Rather, my endgame is focused more on the events that are occurring, namely, any events that show a move away from an inflationary driven-policy or where silver keeps its value in relation to the dollar to the point where it becomes an overvalued asset. Of course, there is no way for me to predict when any of this will happen. Also, there is no one specific event that would trigger me to sell. For example, a full reduction in quantitative easing by the Federal Reserve, while a move towards a tighter monetary policy, would not be a sufficient condition for me to get out of precious metals, copper pennies or 99.9% nickel nickels, particularly when interest rates are still artificially suppressed near zero. But I am prepared for the possibility that when events dictate that precious metals are overvalued, or where I can move into a wealth generating asset from the purely wealth protecting asset of precious metals.

This being said, I do not think that these events are imminent and I am currently focused on accumulation at this point. This is more of a discussion point for my brother and I am this point and we are very flexible going forward. I posted this question on my YouTube channel and received some amazing answers from those who viewed the video. Throwing out these questions and discussing them is always a fun, thought provoking exercise for us, so we would love to hear your thoughts in the comment section below. What is your silver endgame?

Monday, January 6, 2014

Silver Stacking Goals For 2014 - Journey to 100 Ounces


Although this blog strongly focuses on coin roll hunting, we have also been committed to purchasing silver over the last few years. We are purchasing silver (and hopefully some gold in the future) for many of the same reasons that we coin roll hunt. At the forefront, however, is to protect our wealth from the current monetary and fiscal policies that the world is embarking on, which we see as inflationary. Although there is no telling what could happen in the future, we see putting some money into silver as a responsible and positive action to take for ourselves.

In 2013, we had great results in adding to our silver stack. We were aided by the fact that we had set a goal, in September, of purchasing 1 ounce of silver every month for the remainder of the year. The primary reason that we are setting our our coin roll hunting and silver goals for 2014 is based on the success that doing so has provided us in the past. We ended up going over and above the goal and were able to add 24 total ounces of silver during 2013. Although this doesn't seem like a lot, and probably isn't compared to many of those who also stack silver, this was by far our most successful year and we were able to double our silver stack. We are going in the right direction and hope to keep the momentum going in 2014.

We have set a fairly bold (for us) silver goal for the upcoming year. We are going to try to add 100 ounces of silver in 2014. Like our 2014 coin roll hunting goal, we believe that it is both reasonable and realistic. However, it will take a little bit more work and sacrifice on our part to be successful, since it will be more difficult than adding 100 pounds of nickel bullion. That being said, we will have fun along the way and be sure to track the journey on our YouTube channel and on this blog.

If you have made a target goal for your silver stack in 2014, let us know in the comment section below, as we would be very interest in hearing what you are aiming for. We hope that whatever you goal is in terms of silver, that you have a lot of fun during the journey and are left with many rewards outside of the additions to your silver stack. All the best to you in 2014!

Sunday, January 5, 2014

Coin Roll Hunting Goals For 2014 - Journey to 100 Pounds of Nickel Bullion


Now that we have started the new year, we have decided to lay out our coin roll hunting goals for 2014. If you are new to the blog, we have been coin roll hunting through boxes of pennies, nickels and dimes in order to try to find older coins that are worth more for their metal value in relation to their face value. It is an extremely enjoyable hobby and we are hoping that it helps to ensure that we protect ourselves during the current inflationary monetary and fiscal environment that we are currently living in. Far from a get rich scheme, we hope that the little effort we put into the hobby today will yield some reward in the future.

However, with the termination of the Canadian penny in 2013, it does not leave us with many options in regards to what we can search through these days. For this reason, we are focusing our goal on nickels and searching for 99.9% nickel nickels. Therefore, in 2014, our goal is to try to collect 100 pounds of nickel bullion during the year. We will be looking for nickels minted before 1982, since the nickels during these years were made purely from nickel. Even with the price of nickel being low these days, the 99.9% nickel nickels are still worth more than their 5 cent face value, and made sense for us to try to collect.

This is a reasonable goal for us and is a realistic target to aim for. We were not entirely happy with our coin roll hunting results in 2013, as it was probably our worst year since we began in 2010. This was mainly due to the sporadic nature that we were coin roll hunting through boxes of coins. In order to remedy this, we have placed a standing order with the bank in order to receive boxes of nickels week-to-week. This makes coin roll hunting infinitely easier as we have to go to the bank and pick up the box, rather than go through the entire process when we are available to coin roll hunt. Although no specific element of coin roll hunting is particular onerous or difficult, having a weekly order has made coin roll hunting much easier in the past and should assist us greatly in our 2014 goal.

We are also going to try to go through boxes of dimes throughout 2014, but due to the lack of success in the past, we are setting a goal of trying to go through one box of dimes a month, for a total of twelve during the year. If we are experiencing better results, or are finding that we can put a little more time into dimes, then we might reconsider increasing this as 2014 progresses.

I believe that my brother and I have set some realistic coin roll hunting goals for 2014. It is important to note that coin roll hunting is a hobby that we both immensely enjoy. We don't see it as a way to get rich. Getting to spend some time together, discussing economics or other interesting topics, is reward enough. Also, we have been amazed at how welcoming and great the coin roll hunting community is on YouTube, and it offers us a chance to interact with those who also find coin roll hunting to be a great hobby.

I look forward to a fun and exciting 2014, and tracking our progress on this blog to let you all know our results and how the goals are going. We would be interested to hear what your goals are if you have made them for 2014. I wish you all a wonderful 2014!

Friday, January 3, 2014

Nickel Coin Roll Hunting Finds From Box #37


Anyone who has been coin roll hunting for any substantial period of time knows that banks do not always have coins available to give you during busy periods, Christmas being one of those periods. This is what happened to us recently when we walked into a local bank in order to try to pick up a box of nickels in order to search for Canadian nickels before 1982. Quite understandably, the bank could not spare to handout a full box, however, the teller was extremely generous and was able to allow us to leave with $40 in nickels! She didn't have to do this and we were very grateful for the rolls we could get our hands on.

The results that we received made us appreciate her kindness even more! Although we were not able to find any pre-1963 Canadian nickels or pre-1960 American nickels, we had one of our best nickel bullion percentages in a long time. We ended up with 78 99.9% nickel nickels in total, which worked out to be 9.75%! It has been a while since we have received that good of a rate, so it was pretty exciting to be finding so many of them. In fact, we found one more 99.9% nickel nickel in this box than we did in the previous $100 worth of nickels. Here are the results for this box:

$40 Worth of Nickels
-Pre-1982 99.9% nickel nickels: 78 (9.75%)
-Pre-1963 Canadian nickels: 0
-Pre-1960 American nickels: 0

This $40 worth of nickels was definitely a reminder for us that sometimes it is better to get your hands on whatever amount you can when a full box isn't available, in addition to showing that there is still the potential to receive a high percentage of nickel bullion in any box. You just have to be patient and enjoy yourself during the less plentiful boxes. Thanks to this very generous teller, we were able to keep adding to our nickel collection and enjoy a little bit a fun with our coin roll hunting hobby.

Let us know in the comment section below how your searches are going as we begin 2014. I hope all of your searches are going great!

Nickel Coin Roll Hunting Finds From Box #36


We have been lucky to have had the time to do quite a bit of nickel coin roll hunting over the Holidays. As I have mentioned before, with the termination of the Canadian penny last year, we have focused on trying to get as many 99.9% nickel nickels as we can. The results from this box were not the best in terms of the nickel bullion within the rolls, but we were able to add 77 99.9% nickel nickels to our collection, in addition to four pre-1963 Canadian nickels and two pre-1960 American nickels. The best find that we had in this box was a 1940 King George VI nickel. It is not very often that we get to find a King George VI nickel, so it is always exciting for us whenever we come across one.

We have found that our numbers for the 99.9% nickel nickels has steadily decreased over the last few years, so we are lowering our expectations for each specific box. Rather than the typical 10% yield of two years ago, we anticipate there being between 6-8% nickel bullion nickels in the average box. Even at this level, we still find coin roll hunting nickels to be a very enjoyable hobby and worth the time and effort. Here are the results from this box:

$100 Nickel Box #36
-Pre-1982 99.9% nickel nickels: 77 (3.85%)
-Pre-1963 Canadian nickels: 4 (1940, 1960, 1962x2)
-Pre-1960 American nickels: 2 (1947, 1953)

I've gone through a number of boxes over the last few weeks, so I look forward to sharing the results from these nickel boxes with you. My brother and I have discussed our 2014 coin roll hunting goals, particularly as it relates to nickels. I will put this video out in the coming days and explain the journey we have planned in the new year. How are all of your coin roll hunting searches going and what have been some of your best finds recently?