I was interested in getting a few Bulk $500 Half Dollar Boxes is still worth the effort if I'm attempting to get the good 90, 40, and proof coins out. Anyone still doing this? Thanks CoinTalk
Welcome to CT. Yes it is worth it, check out this thread, amongst others: Roll-searchers, post your results!
I searched 2 $500 boxes recently,shut out,no silver,going to try a few more but have had better luck asking for rolls or loose ones at the bank
ok im reading it now. any way to order from brinks or wells fargo directly without paying extra? Wow...8509 posts on that topic 500+ pages of posts. pretty darn popular.
It can be http://www.cointalk.com/t109004/ but it's like hitting it big in a scratch off ticket, it happens but not very often and probably not to you. I gave up a few months ago after doing six boxes with nothing. I working on my own home grown $1000 face bag that I can sell. I've got about $940 so I'm pretty close. I don't need another big score just a few small ones. The hardest part for me was the turn in. I hated dumping the coins back because no one wants them. I rotated between three branches of my credit union and a bank my wife uses. It's alot of work. I sometimes had over $6k tied up. I have spent over $200 on supplies to get the coins I have. This is counting wrappers, gas, a hand truck (yes $6k weighs about 300 lbs). I spent hours putting together a spreadsheet tracking my costs and break even points. You also have to carry the security risk with a large amount of money that is heavy. I carried a firearm most of the time but this is legal where I live with the proper permits. Suppose you get lucky and find alot then what will you do? I spent many hours researching dealers and prices and finally found a place that will buy from me at a fair price, but I must ship to the registered mail, which is another cost. I"m not trying to discourage anyone I just think that if you're not playing with a large bankroll and a large amout of time it's going to cost you more in the long run that it's worth. Most would probably be better of just asking for whatever their bank has on hand when they happen to drop by.
It's not worth it. Only reason I keep doing it is I'm addicted. Had one dream box, still chasing that high.
Best I've gotten in a box is 1 bicentennial S half ( is it silver? The rim looks really clad ), 1 1967, and 2 1987s
I think the times in which silver coinage could be easily pulled from circ. has passed. You would probably find a better pay off by becoming familiar with notable errors of desire and spend your time searching penny rolls. Plus dont forget to save 1981 and prior LMCs. Youll find a bunch more copper than you will ever find pre 64 coinage.
If it is a business strike quality piece then yes it is silver. If it is a proof then it may or may not be. A tissue test would tell the difference.
The silver has been pulled out long ago, Halves haven't been a circulating coin for over 10 years. You kind of need old people with a hoard of halves to die and their kids to turn them into the bank.....they already died, no new supply. You find jack in a box.
Long gone are the days of finding $5 face in '64 Kennedies in those boxes. It's just not worth the time anymore. If I can't find at least 2 90% Silver halves per box, I just can't justify spending the time to pick-up the box from the bank, search them, sort them, and re-roll.
I believe brinks has a sorting machine that pulls them out. $1000 from brinks with zero silver. I normally get one silver in ten rolls from tellers. I got over $500 from a teller that said there was no silver and it had been sorted. At that time I was trying to fill my Whitman so bought it anyway. There was plenty of silver in it also. I think many only look for 64 and older.
In today's world, based on recent observation and poor quality education the local kids are getting in this rural area, it is much more likely little Johnny, Suzie, or Dwayne or Nakisha will simply swap them out for a soda n some chips at the 711. Kind of a shame really when you consider Dad, Mom or Grampa, et al spent decades putting it all together, just so the little idiot could swap it for a soda or something dumb.