Roll-searchers, post your results!

3 stops today... $110 in cwr and loose halves... 4 40%'s and 1 beat 2003 nifc. I'll take it.

 

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where do the banks get their rolls from i thought if was from the mint meaning youd get all new coins ive asked for rolls before and it always the same date 2011 usually. so am i doing something wrong or am i going to the wrong place? advice please i am at a loss. i want to get the rolls talked about here where your finding really old pennies and silver halfs. please give as much advice as possible

 

becouse it is to expensive (because of the weight) to send rolls from the US to Belgium, i tried something to get my hands on some rolls.
Lets hope this email to the US embassy here in Brussels gets the reply i hope to get

 

The banks get their rolls from a coin delivery service like brinks or loomis etc. My bank orders 2, $500 dollar boxes of halves for me every week. the coins get shipped in, I pick them up go through them and then deposit the ones i don't want at a different bank. If a bank accumulates more coin then they need in their vault they ship it back out to the big delivery service.

I don't know how these companies work but in my imagination they have big counting machines that kind of stir the coins up and then re-roll them in new paper rolls. Recently HelloftheNorth has also mentioned getting complete boxes of 2011 dimes, which is a bummer. I think it is really unlikely that would happen with Half dollars as I don't think they are minting very many of them anymore. Maybe someone who knows how many new halves are minted on average in recent years could enlighten us?

Anyway there is a reason they call this coin roll hunting and not coin roll finding! You have to go through thousands and thousands of dollars of coin to start accumulating a decent amount of silver. I've not been doing this long enough to give you a good average, but those that have tend to say they average 1 to 2 silver coins per $500 box of halves. AVERAGE being the key word. You may go through 10 skunks in a row and then the next box will have 10 coins in just the one box! Not the way to get rich, but I have fun, and I do it in front of the TV so it's not really any more of a waste of time then if I weren't doing it.

Generally speaking it is starting to seem like the bank boxes are a little more consistant, less skunks, but no huge finds, where as rolls that were deposited at the bank by customers and you are able to buy before they get shipped off to the delivery service will sometimes have huge amounts of silver (think little old lady deciding to turn in her 60 year old coin jar) or non at all (think coin sorter just like you that is turning in his dumps)

This month I have gone through 6 $500 boxes and only found 2 40% coins. I've gone through about $1200 in customer wrapped rolls (CWR) and have found 30 coins! In December it was the other way around I did better with boxes (BWR) then I did CWR.

There is only one way to find out but the fact that there are no half dollars at any of the banks in your area may mean that there are no collectors in your area? If you order coins to be shipped in for you, you may end up with some old coins that have been sitting there collecting dust b/c no one has asked for them. A bank will normally not order coins for you unless you have an account with them and even then some will tell you that they charge a shipping fee, so be upfront with them tell them you are a collector and will be ordering coins on a regular basis. If they have a problem with that shop for a better bank. You can also do dimes if you are not having any luck with halves and do not have $500 for a box order. Anyone will have dimes in inventory.

 

Hmm... lots of newcomers.

Heads up for anybody that dumps at TD; they're changing their policy. The manager I was talking to that has been letting me dump for about 2 years with no issues told me more than likely they will be giving me bags to put the change into, document how much is in each bag, then credit my account that amount. Ship it out to be counted, and any discrepancy will be added/removed to my account. While that's cool and it would save me a TON of time, he was unclear as to if the credit in my account would be usable in the meantime.

 

What's the change in policy?

 

I explained it up there... instead of running it through the penny arcade, we'll be able to directly bag it and deposit it. Win/win scenario, I think.

 

I got 2 boxes this weekend. First one was a skunk (the norm lately), but the 2nd one was quite nice
15 40%ers
3 1964
2 Frankies (1962 and 1959)
1 2011 S Silver proof

Nice to get a good box

 

So what's the point of the penny arcade? Are they getting rid of that?

By the way, two more of my order banks have now said they will no longer order boxes. It's almost as if these banks are getting together and saying "we're going to stop this nonsense." It's really upsetting to me.

 

No, only people who have large amounts of coins regularly would be offered that service. It'll be interesting if they opt to charge for it.

 

Ok....I wasn't sure if it was mandatory for large amounts. I guess it's good for some of you. I dump and take the cash straight to my buy bank.

 

Hopefully those that cash coins in with bags can chime in but I doubt they will credit your account until the bags get counted.

 

Rolled through another $110 in cwr and loose halves today... nothing this time. Did get 2 ikes.

 

My bank cretits my account right then and if there is a problem with my count, never has been they will make adjustments at the time

 

Nice. Hopefully TD will do the same.

 

Found a couple.

1962 American Nickel
2 1966 Canadian Nickels in very good condition
2 1968 Canada Nickels in Very good condition with lots of luster
Low 1977 Canadian Nickel

 

I do the same thing.

I won't use the service if I can't use the money right away.

 

$500 CWR quarters: 1x1942, 1x1960D, 1985 Canadian, 2003 India Rupee

 

I went through 3 boxes of halves on this last Friday. Box 1 skunk, Box 2 had 6 40%'s & a 64' Kennedy plus a proof clad 'nation of immigrants' commemorative! Box 3 had 1 40%. Thats my first commemorative found while roll hunting.

 

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