Happened twice to me "can't believe it" at the same bank none the less" So I sold an item on FB, took a local check so I decided well their bank is actually closer to mine so ill go and cash it at theirs and have a chance to ask about half dollars they may have. Walked in, presented $25 check, asked about half dollars they made, "I know we have some we keep them in our drawers, how many would you like", all of them I replied. Teller goes into each drawer, then back room, returns with bank bag containing $62.50 worth of half dollars....I had a 25 check and 30 in my pocket WTH. So I said plz hold on I'll go pull money from the ATM... USED THEIR ATM, pulled 40 out, "which left me with total of 83 bucks after they charged me to cash the check there without an account". Paid for the half dollar bag and decided to ask if they had any older larger dollar coins... the teller proceeds to gather up 28 dollar coins "wth" I'm short again to buy all of them.... another round to the ATM to 20 more out. I have ONLY started to collect "junk" silver and this has NEVER happened to me ever! I've only gotten a few here and there and I've asked dozens of banks over the last cpl weeks. Does this actually happen? Geeze at this rate I may make a PT job out of it and put some miles on my car!
Of course not all were silver... my point was how many people actually get lucky to have 1 branch have this many half and dollar coins available??? I've only started and I did make a BIG mistake, I did not do my research on any valuable coins to look for.. I simply looked at the edges and pulled out the obvious silver ones and ignored the copper ones... didn't look for anything else "sorry I'm a silver stacker... but I'm learning" heck I don't even know as of right now if the 1971 thru 1976? Dollars look silver on the edge or if they look like 90% silver dollars cuz I coulda thrown them right out with the others. I pulled 2 silver dollar coins a 20' and a 30's. As for half dollars that was a good haul I believe I got 8 silver half dollars out of the 120 plus coins I bought. So yeah even tho my point was this bank having that many halves and dollar coins on hand I'd still say 6.00 face value was a pretty good haul lol.
I once got three or four Ikes from a bank for face value but never anything like that. Congrats on the two I'd presume Peace Dollars - those certainly don't turn up often in banks for face value.
I am just learning coin stuff, as I said I only started for silver stacking. I've only been doing this for literally weeks. I'm sure I've made so many mistakes it's not even funny. The dollar coins I rummaged through heck I was surprised to find smaller diameter coins with flat spots "Susan anthony's" I later found out. I'm actually looking up right now what the 40% silver dollar coins look like on edge compared to the 90% silver ones. Never had a clue how many different dollar coins were made. Didn't even know until a few days ago there actually really are silver nickels? I'm sure there are more mistakes for me to make. I didn't have luck for crap in the 12+ boxes of quarters I looked through.. I didn't even average 1 silver per box.
Every bank I've been to thus far has kept them in the teller drawers... never seen them go ask anyone or go to a different location...kinda odd. If it's currency you'd think it would be transported to a hub or whatever... why keep them in the teller drawers? Almost as if they look for them also? And BTW I'm open... it was at wells Fargo that the big haul came from. All dollars were in teller drawers... not sure if all the halves were also as she did go into the backroom and came out with a bank bag "not a burlap bank bag but a regular oversized cash zip up bag" so can't confirm all the halves came out of drawers. Will say I've had better luck getting any halves and Dollars by going into the bank rather than drive thru thus far.
And what does the comment "those don't show up for face value at banks often" can banks even charge more for a coin they get at face value but charge more for it cuz it's silver content" I'm not that knowledgeable on coins but if banks can actually pull out and hold onto old coins for silver value or sell them for a premium isn't that like some kinda theft? And if it is the case that kinda puts a wrinkle in my plans to go hunting lol. I "assumed" if banks had them they kinda had to give them to people who asked for them and only charge face value or after a certain amount of time send them to a central hub or back to the "fed reserve or mint or whatever"
You want me to post my $6 face value find??? That's a joke. How bout I just post my entire stacks of coin silver... that would be more interesting lol.
I think the idea was just "those don't show up at banks often". Yeah, at banks, everything is face value. Some banks let tellers buy coins from their own drawers, but I think most don't. I'm pretty sure no bank would let its tellers sell those coins for a profit in the bank. Congratulations, you're apparently the first collector to find these banks. You probably shouldn't get too specific about where they are.
I was going to say you missed the boat by not opening an account there. Save on cashing the check, using the ATM, plus setting up a relationship, but then you said Wells Fargo and I deflated. Not a bank I will do business with again. No. Of course not. And as for the tellers keeping halves and dollar coins in their till, they are hoping to pass them on people to get rid of them. LOL BTW welcome to CT.
My credit union gets roughly $130 in small dollars and about $50 in halves each month that a got from them. Otherwise no my banks don't have them ever, but that credit union is near a commuter train station and post office and people I guess turn them in there. So I go once a month and they put the pile together for me from the tellers. Nothing special though I've gotten a couple 40% halves over all this time and a magician coin 2 headed Kennedy.
