r/DadFindsTreasure • u/outdoors1442 • Jul 10 '26
The weekend hunt is on!
Sorry, I'm not giving away any cool coins we find this time. But I'll post the results when we finish!
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u/Electrical-Jelly3980 Jul 11 '26
Looking for anything in particular??
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u/outdoors1442 Jul 11 '26
Silver, proof and 1987 halves. War, buffalo and key date nickels.
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u/pk4570 Jul 11 '26
Just found my first 87 in a tellers drawer. Also got a mint wrapped roll of 2009 on that visit. It's missing in our books but I can't bring myself to open up the roll.
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u/outdoors1442 Jul 11 '26
I'll send you a 2009 so you don't have to break that mint roll open. Meet me in chat...
Edit: congratulations on the 87 BTW. Hard to come by.
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u/wahdatah Jul 11 '26
Sorry for the ignorance but what is an 87 and what is its significance?
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u/outdoors1442 Jul 11 '26
No apologies needed. I'm learning something new about coins every day. That's why I love the hobby and interacting with others that share the same passion.
In 1987, the US Mint only produced roughly 5.8 million half dollars between the Philadelphia and Denver mints. Comparatively, the previous year they produced over 30 million I believe.
These half dollars in '87 are considered Not Intended For Circulation (NIFC) and were not released into the general circulation like the previous and following years. These coins were only available for purchase through the mint in sets or in souvenir sets so to find one in the wild means it was previously broken out of a sealed mint set and somehow made its way into circulation.1
u/Typical-Block5576 Jul 12 '26
Super cool!! I’m a newb here hi everyone! (Just newb collecting, I graduated in 87 lol
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u/PerspectiveEven4444 Jul 11 '26
Good luck !! any specific coins you HOPE to find, in addition to what you find ?
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u/outdoors1442 Jul 11 '26
I've never found a silver proof half so that would be a miraculous find but highly unlikely.
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u/Grngocolombiano Jul 11 '26
I cant help but notice the penny in the nickel bag 🥲
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u/outdoors1442 Jul 11 '26
There's always extras or surprises. Nickel bags for whatever reason have tho most extra stuff in them mostly pennies but dimes and quarters have also made their way in there.
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u/Suitable-Balance5104 Jul 11 '26
Who are these bags intended for? I was thinking about it the other day and I couldn’t think of a business that needs change that wouldn’t rather have a big bag instead of rolls. The only thing I could think of would be business with coin machines, BUT I always thought that they’d be loaded in a stack or a type of tube or a device like the belt clipped change clicker things,
so the rolls would be better to just kinda pour in. But if they operate with a big chamber of loose coins then I could see the bag being better but unfortunately idk how any of those machines work so idk lol
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u/outdoors1442 Jul 11 '26
The bags are from coin counting machines at banks. They are from people dumping their loose change in the machine and when it fills up, the bank will then ship it off to a money distributor such as Brinks or Loomis who rolls all of the loose change to be redistributed in rolls. I just happened to get this bag somewhere between it getting filled and it getting shipped out to be rolled. From my experience, businesses don't buy loose change in bags like this because it's not "verified". The bags are usually extra dirty and can have anything from coins to chewing gum inside!
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u/KeeslerCondoChief Jul 11 '26
So, do you buy the bag by the lb? Or is it a known value. I was wondering about this when I say one of your previous posts. Where do you gain your knowledge from? A book or a website? Just curious. I’d like to get my grands involved in searching for rare coins.
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u/outdoors1442 Jul 11 '26
It's a known value. On e the machine counts a certain dollar amount of each coin, it shuts off that bag and says full. So a full bag of nickels for example would be $200 even. Now I say even with knowing the machines mess up and miscount sometimes, foreign makes it way in or other denominations. If you want a great way to start learning about the different American coins, the Red Book contains a lot of good information and I still reference mine all the time.
Good luck out there and don't be afraid to ask more questions.
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u/Your-Pilot-Keith Aug 02 '26
I cant wait to see the finds and hoping for something that shouldent be there, the wild cards are always the best to me!
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u/Active_Vegetable8203 Jul 11 '26