Hey guys, I’ve been a casual coin roll hunter for a few years but lately I haven’t been having any luck so I decided to see if I could find some silver coinage rather than numismatic stuff. I went to the bank today with about $150 and asked to buy rolls of half dollars and it paid off! Im so stoked! This proves to me that there is still silver stuff out in circulation and I highly recommend checking out your local bank and seeing what you can find. The bank teller told me that all of these half dollars were brought in by the same individual so apparently a lot of people don’t know what’s silver and what isn’t considering that the guy who brought them to the bank could’ve got ~$3 a piece for them based on silver melt but he took them to the bank instead. I do feel bad for the guy that brought them in though. Anyway I just wanted to share this with you guys. ^_^ P.S. HUGE props to the bank teller who sold me these. She knew they were silver after I bought the first couple of rolls and could’ve easily purchased the rest for herself but instead kept them for me to buy.
Thanks! I’ve never scored this big before. I mean I’ve bought rolls where a couple of the coins were 40%/90% silver but I’ve never purchased rolls where every single half dollar was silver and there were several rolls like this. If I recall correctly these ones are 40% silver so my local shop pays about $3 for them.
I think here they are as long as it’s not while they’re working. Like if they have a bank account with the bank they work at and come in on their day off I think the bank would have to let them exchange bills for coins or vice versa because that is the standard job of a bank. However I’m guessing you mean they can’t buy stuff while working?
I tried to give a Buffalo nickel to a teller for her daughter. She couldn't take it. I had to sell it to another teller and then the original teller had to buy it from her. I don't know exactly how it works, but, it is complicated.
Tellers can and do buy if they have managerial approval with another person involved in the transaction so there is nothing shady going on. I occasionally horse trade with tellers but we have to involve one of their co-workers so there is no suspicions of wrong doing.
As long as the teller pays the same face value right? Like if I (stupidly) brought in 10x American Silver Eagles to deposit into my bank account with a face value of $1 each ($10 total) the teller could take a $10 bill out of his/her wallet instead and deposit that and keep the 10x Silver Eagles because it’s the same $10 face value right? Or if it was like a $10 silver/gold certificate.
Well considering I only had to pay $0.50 for each of them (face value) anything with silver in it is a profit.
I have a serious question about that statement. To all coin roll hunters.. Why do you state that you are buying rolls if you are paying the face value? Isn't more like acquiring? Or exchanging? Not really buying since the bank is not charging extra or making a profit. I always thought it was kind of funny to state that. Or am I wrong?
Nah you’re right it’s more like exchanging bills for coins. I think people just saying they’re “buying rolls” because that’s what others have always said.
Semantics. Exchanging a dollar for a glass of beer. Trading with someone on eBay - dollars for collectables. Buying is just so much more common.