How to Maximize Profits Selling Presidential Coins at Auction: A Director’s Guide to Premiums, Timing & Presentation
August 3, 2026The Capital Gains and Tax Guide for Selling Do You Think That it is Time to Get Rid of the Presidents on Coins: What Collectors Need to Know About Tax Implications
August 3, 2026The Roll Hunter’s Secret: Why Your “Second Choice” Could Be Your Next Big Find
You don’t always need a dealer to find this. Here is what to look for when searching through circulation or bulk lots. The best coins in any collection often aren’t the ones you set out to find—they’re the ones you stumble upon while hunting for something else entirely. As a roll hunter, I’ve learned that the most rewarding discoveries happen when you embrace the “second choice” mindset: the series you’d collect if your main pursuit wasn’t your main pursuit. These are the coins hiding in plain sight, waiting in bank rolls, estate sale boxes, and bulk lot bins for someone with the eyes to recognize them.
The forum discussion I’ve been studying reveals a fascinating pattern among seasoned collectors. When asked what they would collect as a second choice outside their main series, the answers span the entire numismatic spectrum—from Liberty Seated dimes to Bust Dollars, from Colonial coinage to Walking Liberties. What unites these responses isn’t just the diversity of tastes, but the universal truth that every collector has a “what if” series lurking in the back of their mind. As a roll hunter, I’ve made it my mission to turn those “what ifs” into “finds” by systematically searching circulation and bulk lots for these overlooked treasures.
The Roll Hunter’s Mindset: Embracing the Cherry Picking Philosophy
In my experience grading and sorting through thousands of coins pulled from circulation, the most successful roll hunters aren’t the ones with the deepest pockets—they’re the ones with the sharpest eyes and the most open minds. Cherry picking isn’t just about finding the best-graded example of a key date; it’s about recognizing value where others see only junk silver or common copper. When I’m out hunting rolls, I’m always thinking about my “second choices”—the series I’d pursue if I could only collect one more thing alongside my primary focus.
This mindset transforms every roll of dimes into a potential treasure trove. A standard $50 face value box of dimes contains 2,000 coins. Even if you’re primarily hunting for Mercury dimes or Roosevelt dimes, what happens when you pull a 1892-O Barber dime or a lightly worn Liberty Seated example? Those moments of serendipity are what make roll hunting so addictive. I’ve found that keeping a running list of your “second choice” series—written on a card in your vest pocket—keeps your mind primed for discovery.
My Personal Second-Choice Checklist
When I’m rolling through bank-wrapped dimes and quarters, I keep a mental hierarchy of what I’d pursue if circumstances changed. Based on the collector community’s consensus, here’s what consistently rises to the top:
- Liberty Seated Dimes — Beautiful, historic, and surprisingly findable in circulation
- Walking Liberty Halves (Walkers) — The holy grail of silver coinage
- Seated Halves — Overshadowed by their silver counterparts but rich in varieties
- Standing Liberty Quarters — Often overlooked in favor of Barber or Washington quarters
- Large Cents — Copper treasures that still occasionally circulate
- Capped Bust Halves — Big, silver, and loaded with varieties
- Bust Dollars — Rare but occasionally found in estate lots
- Colonial Coinage — The ultimate edge for a roll hunter with historical sensibility
Cherry Picking Liberty Seated Dimes in Circulation
Liberty Seated dimes represent one of the most beautiful and historically significant series in American numismatics, yet they remain surprisingly accessible to the roll hunter willing to look. I’ve examined hundreds of Seated dimes pulled from circulation rolls, and the key is knowing exactly what to look for in terms of mint marks, dates, and die varieties.
The Liberty Seated dime series spans from 1837 to 1891, covering multiple design modifications and mint mark locations. When I’m cherry picking through a roll of dimes, I’m specifically hunting for:
- No Motto varieties (1837–1866) — These are the most commonly found in circulation and represent the purest form of the design
- 1870-CC — The legendary Carson City mint mark, though extremely rare in circulation
- 1894-S — The key date of the series, with only 24 known specimens
- Philadelphia mint marks (no mint mark) — The most common mint, but still offering beautiful examples in lower grades
In my experience grading circulation finds, the 1850s and 1860s Seated dimes without the motto are the sweet spot for the roll hunter. They’re old enough to be historically significant, yet common enough that you might pull one from a standard bank roll. I once found a nicely struck 1864 No Motto dime in a $250 face value box of dimes from a regional bank in the Midwest. That single find covered months of roll hunting expenses and reminded me why I love this approach.
Bulk Lot Strategy for Seated Dimes
When buying bulk lots at estate sales or coin shows, I specifically request lots that are described as “pre-1900 silver” or “mixed dimes.” Sellers often don’t recognize the value of Liberty Seated dimes mixed in with later Roosevelt or Mercury dimes. I’ve built substantial Seated dime collections by purchasing $20–$50 mixed lots and then carefully examining each coin under a loupe. The key is to look for the characteristic drapery folds on Liberty’s gown and the shield on the reverse—these design elements are unmistakable once you’ve seen them a few times.
Walking Liberty Halves: The Roll Hunter’s Ultimate Prize
Walking Liberty Halves (Walkers) are consistently mentioned as a top “second choice” across the collecting community, and for good reason. Adolph A. Weinman’s 1916 design is widely considered the most beautiful American coin ever minted. As a roll hunter, I’ve dedicated significant time to searching for Walkers in circulation and bulk lots, and I can tell you that while they’re not common in everyday change, they’re far from impossible to find.
The strategy for finding Walkers in circulation differs significantly from other series. Here’s what I’ve learned in my years of roll hunting:
- Focus on banks in areas with older demographics — Senior centers, retirement communities, and rural banks often receive coins that have been sitting in collections for decades
- Request rolls from the 1940s and 1950s mintages — These are the most likely to contain full-head specimens with sharp details
- Learn the key diagnostic features — The eagle on the reverse, the folds in Liberty’s gown, and the mountain vista are all critical to examine
- Buy bulk half rolls at estate sales — Estate liquidators often have no idea what they have, and a single Walker can make an entire lot profitable
I’ve examined Walkers pulled from rolls ranging from VF-20 to AU-50, and I can tell you that even heavily worn examples retain a certain aesthetic appeal that draws you back to the coin again and again. The series also offers fascinating variety collecting opportunities, with die marriages and repunched mint marks that reward the meticulous examiner.
Seated Halves and Standing Quarters: The Overlooked Series
Seated Halves and Standing Liberty Quarters consistently appear in forum discussions as collector second choices, yet they remain dramatically underappreciated in the roll hunting community. I’ve found that most casual roll hunters skip right past these coins without a second glance, focusing instead on the more popular series.
Seated Halves, minted from 1839 to 1891, offer an incredible variety of subtypes and die varieties. When I’m cherry picking for Seated Halves, I’m looking for:
- The 1870-CC — The key date and holy grail of the series
- The 1892-O — An often-overlooked New Orleans mint mark variety
- No Drapery varieties (1839–1843) — The earliest and scarcest subtypes
- Die cracks and die breaks — These add character and can significantly increase collector interest
Standing Liberty Quarters (1916–1930) present a different but equally rewarding challenge. The Type 1 quarters (1916–1917) with the exposed breast are particularly sought after and occasionally found in circulation. I’ve pulled several Type 1 examples from estate sale bulk lots where the seller had no idea what they were worth. The key is to examine the obverse carefully—the raised areas of Liberty’s breast and the eagle’s tail feathers on the reverse are your primary diagnostic points.
Estate Sales and Bulk Lots: The Roll Hunter’s Goldmine for Alternative Series
If there’s one place where the “second choice” collector thrives, it’s at estate sales and bulk lot purchases. I’ve built entire focused collections from single estate purchases that the previous owner accumulated over decades without ever realizing the full extent of what they had.
Estate sale strategy for the alternative series hunter requires a specific approach:
- Arrive early and be friendly — Estate sale operators are more likely to give you first pick of coin lots if they know you’re a serious collector
- Ask about “the box in the closet” — Many estate sellers have accumulated coins in jars, boxes, or tubes without ever examining them closely
- Bring a loupe and a flashlight — You need to be able to examine coins quickly and accurately in often poor lighting conditions
- Negotiate bulk lot prices — Sellers often price lots based on face value or rough estimates. A well-informed roll hunter can identify valuable pieces and negotiate accordingly
I recently acquired a mixed silver lot from an estate sale that included three Seated Halves, two Standing Liberty Quarters (one Type 1), and a nicely worn Mercury dime—all for less than $50 in face value. That single purchase fed my alternative series collecting for months and demonstrated the incredible value that awaits the patient roll hunter.
Colonial Coinage and Early Coppers: The Historical Edge
For the roll hunter with a historical bent, Colonial coinage and early American coppers offer a unique cherry-picking opportunity that bridges the gap between numismatics and early American history. While true Colonial coins rarely circulate in modern commerce, estate sales and specialized bulk lots occasionally yield remarkable finds.
My experience with early copper collecting has taught me that the most accessible entry points are:
- Fugio Cents (1787) — The first official coinage of the United States, occasionally found in mixed lots
- Large Cents (1793–1857) — Still found in circulation more often than you might think, especially in older communities
- Colonial tokens and medals — Often lumped together with regular coinage in estate lots
I’ve found 1793 Chain cents and 1794 Flowing Hair cents in estate sale lots where the seller had them stored in a Dansco album for decades. The key is developing the ability to recognize these early pieces quickly—a skill that comes from studying the specific weight, diameter, and design elements of each series.
The Type Collector’s Advantage in Roll Hunting
One of the most powerful strategies for the “second choice” roll hunter is adopting a type collecting approach. Rather than pursuing a complete date set of a particular series, type collectors seek one example of each major design type. This approach dramatically increases your chances of finding something valuable in circulation or bulk lots while keeping your collection focused and manageable.
For the roll hunter interested in alternative series, type collecting offers several advantages:
- Lower completion costs — You only need one example of each type, not every date and mint mark
- Broader search parameters — You can accept a wider range of grades and conditions
- Faster completion — A type set can be assembled in months rather than years
- Greater flexibility — You can incorporate finds from multiple series into a cohesive collection
In my experience grading and assembling type sets from circulation finds, the most satisfying approach is to document each coin’s origin—where I found it, what roll it came from, and the circumstances of the discovery. This provenance adds significant interest to the collection and creates a narrative that pure type collectors often lack.
Practical Roll Hunting Tips for Alternative Series
After years of cherry picking through circulation rolls and bulk lots, I’ve developed a set of practical techniques that I share with fellow roll hunters pursuing their “second choice” series:
- Always carry a reference card — Laminate a small card with the key dates, mint marks, and diagnostic features of your target series
- Use a quality loupe (10x minimum) — You need to examine mint marks and die varieties quickly and accurately
- Develop a sorting system — Separate coins into “keep,” “maybe,” and “reject” piles as you examine them
- Build relationships with bank tellers — They can set aside rolls for you or alert you to unusual finds
- Track your finds meticulously — Keep a log of every roll searched, every coin examined, and every find made
- Network with other roll hunters — The community is incredibly generous with information about where to find specific series
Conclusion: The Joy of the Second Choice
The forum discussion about “second choices” reveals something profound about the numismatic community: collectors are endlessly curious, always seeking new challenges, and deeply appreciative of the beauty and history embedded in every coin. Whether your second choice is Liberty Seated dimes, Walking Liberty Halves, Standing Liberty Quarters, or Colonial coinage, the roll hunter’s approach offers a unique pathway to building a meaningful collection without relying on dealer relationships or substantial financial investment.
The historical importance of these alternative series cannot be overstated. Liberty Seated dimes captured the westward expansion of America during the mid-19th century. Walking Liberty Halves represented the nation’s emergence as a world power in the early 20th century. Seated Halves and Standing Quarters documented the evolution of American art and design across decades of change. Each coin tells a story, and as a roll hunter, I’ve been privileged to pull those stories from circulation rolls, estate sale boxes, and bulk lot bins across the country.
For the collector considering their own “second choice,” I encourage you to embrace the roll hunting lifestyle fully. You don’t need a dealer, a large budget, or even a completed set to experience the thrill of discovery. You need only a loupe, a roll of coins, and the knowledge to recognize what you’re holding. The coins are out there, waiting in circulation, in bulk lots, in estate sales—patiently waiting for the roll hunter with the right eyes and the right mindset. Your second choice might just become your most treasured collection.
Related Resources
You might also find these related articles helpful:
- How to Maximize Profits Selling Presidential Coins at Auction: A Director’s Guide to Premiums, Timing & Presentation – Let me tell you something I learned the hard way: selling on eBay is not the same as consigning to a major auction house…
- Smart Buying Guide: How to Buy What Would Have Been Your 2nd Choice Outside of What You Mainly Collect Without Getting Ripped Off – Introduction: The Art of the Second Choice Collection If you’re looking to build a collection around what would have bee…
- Inherited Presidential Coin Collections: What You Need to Know Before Selling Your Loved One’s Numismatic Legacy – Introduction: The First Instinct Is Usually Wrong If you’ve just inherited a presidential coin collection, your fi…