by Recyclersteve » Mon Jan 15, 2018 11:57 pm
I've seen a number of times when edge hunting didn't seem to indicate that there was any silver in the roll, yet in reality there was.
One of the things about looking at dates is that you will catch the 2002 and later dates which all have lower mintages. Also, you will catch impaired proofs, although most impaired proofs stick out like sore thumbs even when edge hunting. Also, edge hunting will not likely catch certain foreign coins, although that isn't really much of a problem.
It almost sounds like I'm talking myself into edge hunting, but really I'd rather look at the dates. In an emergency (gotta get to a bank before they close today or something like that), I'd consider edge hunting. But it isn't as fun to me.
By the way, I'm basically talking about halves here. I don't really look at rolls of dimes or quarters because the little silver I'd pull (and that I've seen documented on this site) doesn't justify the work for me. Personally, I'd pick halves any day over dimes and quarters. Dimes would be a distant second and quarters would be a very distant third.
My opinion about halves (and this is just a guess) is that edge checking will definitely be much faster and will probably capture about 90% (maybe a little more) of the silver that is in the rolls that you are searching. Hand checking each date should capture over 99% of the silver- notice I didn't say 100% because we all make some mistakes when we get tired, some are dyslexic (accidentally throwing good dates into the bad date pile), etc.
Just saw this video, but the one that got my attention was your video called Half Dollar Coin Roll Hunting Vol. 3. Lots of silver from that box- it was amazing that there were so few Franklins with all those Walkers you got.
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).
NOTE: ANY stocks I discuss, no matter how compelling, carry risk- often
substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) and selling short as well.