penny horders

I do a little bit of roll searching cents and my M.O. is to deal with two branches. I get my rolls from the main bank (the big downtown bank), then I search them, reroll (I use fresh rolls and coin counting tubes) and then I return them to a small branch bank on the other side of town. It is the same "brand" of bank, however the branches around here supply enough businesses that the rolled change never goes back to the main bank. Thus, you are guaranteed to never search the same roll twice.

This would not work with halves, I don't think. Since business around here don't use them, they all go back to the main bank. Just use a little know-how, make some bank teller friends, learn how change circulates in your town and come up with your own system that will work for your locale. Marking the rolls is not a bad idea, but I prefer to use a system that shifts the responsibility for not double-searching onto the rolled change "market" and not the teller. Hope these ideas may help a little!

 

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This is a good idea but mine suffices just as well if you know your branches employees, mark your rolls they know your mark, they never give them back to you. Just seems easer to me... But if you go to a large branch odds are you won't know all of their employess...

 

I've got quite a bit of copper cents at this point. Haven't really found anything rare, though, despite the amount I've searched.

 

I just did 2 boxes of pennys got around 20 wheaties from 1940-1958 got 23 rolls of pre-82 and got 3 69 S 3 71 S 1 73 S. Not bad i guess lol. As soon as i get a box of pennys ($25) i will stop searching getting them though.

 

Almost every Credit Union offers free coin counting for their members. I highly recommend joining if you are eligible for one. The basic difference between a Credit Union and a Bank is the credit union operates on a non-profit basis. They are not paying off stock holders and huge bonuses to investment banksters taking huge risks. As a result their costs are very low and this translates into much cheaper banking for it's members.

Coinstar is OK in a pinch, but remember they are taking ~10% of the face value of your volume in fees. If you search a lot of rolls, this cost will add up quickly. In other words, if you return $1000 of searched coins, your coinstar fees are going to be right at 100 bucks.