Boxes of Halves Depleted of Silver

The problem is no one uses halves as coins. People don't spend them, businesses don't want them, it's just a PITA for everyone. Most banks and credit unions don't even carry them anymore. So, the majority of people getting boxes of halves are the coin roll hunters. Well after a while when most of the 40% and 90% coins have been cherry picked out, there's not going to be much left. That's what's happening now. It's just the same clad halves being recycled over and over.
Now there are some NIFC coins and some proof coins, but the premium is not that high for those coins. Dealers don't want them. You would have to sell directly to a collector.

 

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Looks like a lot of posters in this thread don't check out the coin roll hunting results thread. There are a few of us that get the silvers still. I have been having luck with tellers and Customer Wrapped Rolls from the banks. I have accumulated 9.3 ounces of silver this month. Some of the guys here do 3x that in a few weeks. So the 90% and 40% is still out there. I started this thread for the Coin Roll Hunters who do halves, in particular the Veterans that have seen some ups in downs in their years of doing this.

 

So not to rub it in or to prove you wrong, because I may just be in a silver plenty area, but I finally tallied all my finds since April 28, 2016

90% Kennedy, Franklin and walkers: 320
40% Kennedy: 640

There is silver in them there rolls and you just have to be willing to work for it. It's not like years gone by where every roll or teller had silver. Fewer finds yes, but they are still out there. Scored a 1954D Franklin and. 1966 Kenndey today.

 

If you bring them back to the same bank, then you will end up searching your own coin again.
Take them to a different bank, and the odds of that go down.

 

I wasn't saying there isn't silver in boxes, I was asking about cycles. Is there a Cyclical nature to these things. It also depends on area, I am aware of that.

 

Yeah, I found that out after a few years, but I did make out pretty good until then. I don't think taking them to a different bank would have helped me all that much. Like I said, I didn't start noticing the "repeats" for several years. By that time, I had already cashed in while silver was in the mid-40's.

Chris

 

So, I guess the fact that you hit a dry spell, or whatever, caused you to start this thread. I was feeling very bad for you. Hope your luck changes soon.

 

I still find silver. I find in halves and dimes. The best finds in halves have come from boxes ordered that people failed to pick up, and I ended up with them. Presumably someone gave up after getting skunked a few times.

There is only one guarantee on not finding silver - don't search.

 

Sorry Bman, didn't mean this for you. Just others that don't think there is still silver out there. But to answer your question, imho, the amount I find in CWR seems to be about the same as it was in 2011, boxes are way down. I use to average 8-10 per box, now about 2 per box. I think like as WWII vets pass, we may get to where all grandfather, parent collections are no longer with us.

 

Also think about the influx of new collectors into the hobby. As more find this forum and crh the supply us going to get weaned out of circulation.

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This forum's readers constitute a very small drop in a very vast bucket.

Don't forget the "outflux" of collectors losing interest, or passing on, or losing their collections to burglary or carelessness.

 

I thought you'd be able to figure out that I was talking about the 2010-2012 boom, especially when I mentioned CoinStar slots. Or how long did you think CoinStars had been around, sonny?

 

You didn't read my post. Boxes of halves from the bank, otherwise known as bank wrapped roles or machine wrapped roles have been dry in my area for a few months. I have been getting by from halves that customers bring into the banks, called loose halves or customer wrapped roles.

 

I missed that boom as I'm one of the fortunate collectors who have several coin shops around so I can "hand-cherry-pick" valuable "elemental silver" varieties from the junk silver they purchase.

BTW, I don't think I even know what a "Coin Star" is except for some of the very knowledgeable folks around here like you. Have Fun!

 

Was the Texas trip a success @Bman33 ? I'd give input here if I could, I've not gotten into the half boxes though.. Just nickels and cents, I tried dimes because I find silver dimes in coinstar on occasion but the rolls have produced absolutely nothing for me, and their really aren't any IFC clad rarities. It seems that you travel on occasion, maybe buy boxes if possible along your travels and compare to your results in CO

 

If your machine wrapped rolls are coming from different sources your chances go up. I have found dimes in cent rolls, British and Irish sixpence in cent and dime rolls, British 5 pence coins in dime rolls, 20pence in nickel rolls. Mexican pesos in nickel rolls. I have also found .800 fine Canadian 10 cent coins, a Philippines 10 centavos from 1944. Some of my more unusual finds in MWR are plastic play coins! Now a lot of coin machines don't take silver but even those I know won't usually sometimes let stuff slip through because it gets caught in post audit at the credit union when they have problems with the machine.

From what I have observed Coinstar machines tend to kick out silver, but older credit union and bank machines take it - which is why it gets into MWR through armored car companies rolls. I know that one of my banks machines doesn't weed out coins by electronic signature, but only by dimensions and weight - which is why in a bag of $1000 worth of dimes you can find anywhere from 4-10 silver dimes. I have seen the machine and a good guess is that it dates from the 1970s and continues to soldier on because it doesn't get heavy use anymore - the transit authority that had an account with the bank was the major source of coin.

So finding silver in rolls or bags has to get a bit more analytical, you have to figure out within a reasonable degree what the sources of your coins are. If they are all coming from Coinstar machines you can nix finding most silver unless it is a bit worn and underweight. If it comes from bank machines or credit unions that have machines that sort by weight, dimensions and not electronic signature like Coinstar machines your chances of finding silver go up.

The same applies for CWR - customer wrapped rolls. You never know what your going to get until you open every last one of them. Sometimes treasures come out of the woodwork.

Above all patience and persistence is the only way to insure you find stuff.

 

I search nickels and cents, and when I get loomis rolls, I have found silver war nickels. From my observations, I assume that loomis does not sort out the silver coins.

 

Texas Trip was pretty good. Got 20 40%ers and 1 90%er. 18 of those came from a teller that gave me $14.00 of loose halves.

 

How many Seated Liberty halves did you find

 

None