Tuesday, November 2, 2010

11/3 Report - Collecting Modern US Coins & Checking Your Sweep Speed




Coin Holders.

You can purchase coin holders like these to store pennies, dimes, nickels, quarters, etc. You can get holders for older coins as well as newer coins. There are holders with preprinted dates and mints,and there are also holders without labeled slots that you can label yourself

One good way to use these holders is to put your best coins in the proper slots for each date and mint. As you find duplicates of particular dates/mints that are in better condition than the ones already in the slots, you can replace the old coin with the better coin and upgrade your collection.

If you get enough, you can start a second or even third holder with good quality coins.

Not only is this a nice way to store your coins, but it will also help you take the time to examine your finds more thoroughly as you check the dates and mint marks, notice any die errors and check for key dates.

It can be almost as much fun to explore your finds and create a nice collection as it is to hunt them. Keeping your coins like this makes finding modern US coins a little more interesting while you wait to find that big gold cob cache.

Today the US is going to print from 500 billion to 1 trillion dollars. That means the dollars in your pocket or that you are working for are worth less. Commodity prices, including gold and silver, will probably go up as a result, as will the price of groceries and almost everything else.

If you have gold and silver, you might consider holding it for a while - at least as long as the dollar keeps falling. If you buy ten boxes of cereal or other food stuffs that will not spoil, you will probably save some money. Some cereal companies have already announced that they will be increasing prices soon. I would expect commodities of many types to show increasing prices.

I've noticed lately that I've been switching back and forth frequently between discrinimate mode and pinpoint mode as I detect. There are times when one mode will do the best job and times when the other would be best. Even when I switch to discriminate mode, I don't use anything more than the minimal setting on the discrimination setting. When you switch modes, you might also have to adjust your sweep speed for best results.

If you haven't done it lately, check your sweep speed. Put an object on the ground and sweep the coil over it at various speeds until you find the speed that gives the best signal. You can also vary the sweep speed over a buried target to determine the best sweep speed of various targets under various conditions.

You might be surprised by the results.

Forecast and Conditions.

The high tide is predicted to be unusually high today. That could help churn stuff up on the front of the beach.

The high seas that were earlier predicted for the weekend are now predicted to be a little later, hitting a peak on Sunday. They are now saying we will probably see about 6.5 foot seas at the peak now. That isn't bad. It's about borderline. If the wind is right, it could be good.

Tomas is headed between Cuba and the Dominican Republic and back out to sea.

Happy hunting,
Treasureguide@comcast.net