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Friday, February 28, 2014

January 2014 Silver Purchase - Journey to 100 Ounces


As we have mentioned in a few of our previous posts, our silver stacking goal for 2014 is to try to stack 100 ounces by year's end. We are extremely dedicated to this goal and reaching it would signal to us that we worked very hard throughout the year in order to place a portion of our wealth into this amount of silver. To help us reach this goal, we have determined that dollar cost averaging through monthly purchases is the best method for us. In light of this, we made our first purchase of the year in January.

We decided to go with six 2014 1 ounce silver Somalian Elephants. We received a very good deal on them and were able to pick them up without having to pay for shipping (we bought in person). These are not our first 2014 silver Elephants. We already have two from a purchase that we made towards the end of last year. We are big fans of these coins, so it was nice to be able to add 6 more ounces of them to the silver stack, while at the same time kicking off our 2014 silver stacking journey to 100 ounces.

Let us know in the comment section below what you have purchased in the last few weeks and what you are thinking about for your next silver purchase.

Sunday, February 16, 2014

Hoarding Cupro-Nickels and 99.9% Nickel Dimes and Quarters?


Coin roll hunting is an extensive hobby, as there are many different ways to engage in the hobby and with many different coins that could be kept based on your own personal preferences and desires. For us, we look for coins that have a higher metal value than their face value currently or in the future, which generally includes compositions that include silver dimes and quarters, copper pennies and 99.9% nickel nickels. However, a question that we are asked frequently, and also discussed within the coin roll hunting community, is whether or not we hoard cupro-nickels and 99.9% nickel dimes and quarters.

The quick answer to both questions is not currently, but potentially in the future, for the cupro-nickels (i.e. nickels made from 75% copper and 25% nickel) and no for the 99.9% nickel dimes and quarters. In the video above, I go into greater detail why this is the case, but it has to do primarily whether or not we see value in these coins going forward. This is particularly true in light of the fact that we also see silver as a good place to put our money in order to protect our wealth within the current fiscal and monetary environment. Let us know in the comment section below whether or not you hoard cupro-nickels or 99.9% nickel dimes and quarters currently or could do so in the future.

Nickel Coin Roll Hunting Finds From Box #43 - Best Nickel Box of the Year!


Boxes like our past week's nickel box is what makes coin roll hunting an amazing hobby. Our 43rd nickel box ended up being our best box of the year so far, and by a pretty large margin. Not only did we find a substantial amount of 99.9% nickel nickels, but we had an amazing 22 pre-1963 Canadian and American nickel, primarily from Canada. This box will certainly help us to hit our yearly goal of 100 pounds of nickel bullion. Let's take a look at the results from our 43rd box:

$100 Nickel Box #43
-191 99.9% nickel nickels (9.55%)
-18 pre-1963 Canadian nickels
-4 pre-1960 American nickels

To see the nickels that we were able to find in this box, view the video above. I think that you will find it to be entertaining, particularly if you enjoy seeing coin roll hunting results as much as I do. As we move closer and closer towards our goal for the year, I just wanted to take the time to once again thank all of you great visitors to this blog. You certainly help us to keep going each week! Let us know how your searches are going this week in the comment section below.

Thursday, February 13, 2014

Future of American Copper Penny and Nickel Hoarding Revisited


Coin roll hunters have to always be on the look out for the potential of governments to either change the composition of the coins that we value for their metal content, or even worse, eliminating a particular denomination altogether. The latter happened a year ago here in Canada in relation to the penny, and as a coin roll hunter it was pretty devastating. All of the goals and plans that my brother and I had made towards copper penny hoarding were instantly thrown out the window and there was nothing that we could do about it. Eventually, we reformulated our goals towards silver and nickel coin roll hunting, but it still is a hard truth to swallow even today.

For this reason, I have examined the topic of composition changes or discontinuations a number of times, particularly with regards to American pennies and nickels. In the video above, I look at a number of different articles and legislation that is currently on the table that affects coin roll hunting and provides a window into what could occur in the future. I always love to hear your opinions on this topic, so please feel free to leave your opinion down in the comment section.

Nickel Coin Roll Hunting Finds From Box #42 - Canadian Wartime Nickel Streak Continues!


This was a fun box to coin roll hunt through! We have been lucky to have had some great success in finding older, more rare coins in our most recent nickel boxes, namely pre-1963 Canadian and American nickels. Our streak was extended with this box, and we did great on the Canadian wartime nickels from the years 1944 and 1945. Although they are not made of silver like the American war nickels, these coins were actually made from chrome-plated steel rather than nickel and they standout from the other years. Additionally, their age gives them a nice premium, which while not exceptionally large, is still an exciting reward for coin roll hunters. Let's take a look at the results from our 42nd nickel box:

$100 Nickel Box #42
-109 99.9% nickel nickels (5.45%)
-10 pre-1963 Canadian nickels
-1 pre-1960 American nickels

Although we would have liked to have found a few more of the 99.9% nickel nickels in this box, we are fully accepting of the fact that it will not be often that we get close to our older average of 10%. If we can continue to stay above 5% each box, we will be well on our way to our 100 pound goal for 2014.

How are your coin roll hunting searches going? Let us now what you are finding and any exciting finds down in the comment section below.

Importance of a Bank Order at the Bank for Coin Roll Hunting


We have tried to make our 100 pounds of 99.9% nickel nickels goal for 2014 a focal point of this blog recently. This primarily because is helps to reinforce the goal for ourselves and also keeps us motivated to continue towards the next box. However, we thought that we would do a video that focuses on a key aspect to our 2014 coin roll hunting goal, namely, the importance of having a coin order at the bank when trying to coin roll hunt. Having an ongoing order at the bank has helped us significantly and I don't know if we would be able to get to our 100 pound goal without it. In the video above, I set out some of the reasons why a coin order at the bank is so helpful for coin roll hunting. I hope that you find it useful within your current coin roll hunting goals.

Coin Roll Hunting Q&A #3 - Making Money & Profiting, 99.9% Nickel Nickels


Our amazing subscribers on YouTube and followers to this blog generate some of the best and most pertinent questions that I have seen surrounding the topic of coin roll hunting. In order to do them justice, not only do I try to answer them in the comment section, but I also try to provide more in-depth answers through videos which others may also find beneficial. It also allows others to provide their great insight that experience has given them. I hope that you enjoy the video and please feel free to provide your answers and opinions to the questions in the comments below.

Nickel Coin Roll Hunting Finds From Box #41


Readers who are currently keeping up with this blog will now that we love coin roll hunting and finding coins that have a greater metal value than their face value. We keep these coins as a way to protect our wealth in the current inflationary monetary and fiscal environment and because there may be an opportunity for their value to go even higher in the future. However, all this aside, it is just a great hobby that we both enjoy immensely.

As we have mentioned, we have set a lofty goal for ourselves in terms of nickel coin roll hunting by trying to accumulate 100 pounds of 99.9% nickel nickels in 2014. This will require hard work and persistence on our parts, but we are very excited as each box gets us closer to our goal. Let's take a look at the results from of our 41st nickel box:

$100 Nickel Box #41
-124 99.9% nickel nickels (6.2%)
-12 pre-1963 Canadian nickels
-1 pre-1960 American nickels

This was a great box of nickels for us, as we were able to bump up the percentage of pure nickel bullion coins quite substantially from our previous box. If we could continue to hit the 6-8% mark on each box, that would assist us with our goal going forward. It was also nice to find so many older nickels. We have been very lucky recently to find so many pre-1963 Canadian and American nickels. Looking for these older coins makes coin roll hunting even more exciting and it is nice to be rewarded with boxes like this.

Those are our finds for this box, I hope that all of your searches are going great. As always, we would love to hear about your finds recently in the comments below. Thank very much for your ongoing interest and support.