If roll searching, you're not really spending any money, but what you will be doing is spending a lot of time on something that offers very little chance of worthwhile financial reward. There is nothing wrong with wanting to search, but do it for "fun" or the thrill of the hunt; otherwise, you're likely setting yourself up for disappointment.
$50000 worth of nickels? That's like 500 boxes. That would take up pretty much all the room in the vault of any bank I know of. Also it would weigh approximately 11,000 lbs. I highly doubt any bank would keep that much on hand. Good luck getting that all home
i do it for the thrill and errors, i have a 1984 offset by 5% the top has a thick ring and the bottom is flat.
this one apparently is a walk in and they have a desk inside of the vault and special storage there too.
Will the bank take your returns?? That is usually the roadblock. People in an area where most of the banks have the same coin supplier such Guarda, or Brinks, will keep getting some of the same coins over and over. That large of supply would give you fresh boxes IF.....you can dump the rejects far, far away. Try a Craiglist ad offering to exchange fresh new bills for bottle filled with old coins. Many older people don't like to carry them. Just do the exchange in the daytime
How many trips is it going to take to get 5.5 tons of nickels back to your house on your bike? I'm pretty sure the bus isn't going to let you on with them all
I have accounts and work with 7-8 institutions and that many more branches of each. Some are suppliers and some are takers. I also get rolled coin from some businesses, a school, a casino. I do this on an industrial scale some weeks. This week I am taking a break from searching.
n.f.string and son from p.a rolls these coins. i go to hsbc and deposit it there with my fathers account and then i go to td bank and pull their coins out. its logic, don't deposit at the same place if you want to go through the same coins!
i know its not from brinks because if it is you will get brinks box, the latest coin in that box was 2005.. so they might be old at that bank that i go to, its the cardboard one brown with many holes on the bottom
I've also received Brinks coins in regular paper wrappers. Just last week I got a box of solid 2013P dimes from them in paper wrappers.
outch. and again sorry for a misconception ,,, competitors are better because they rush brinks might occasionally skim to take some out.
I know this used to be the case, but.... http://www.nfstring.com/coinProcessing.php However, it is probably safe to assume most NF rolls one may come across are the same as in the past, and not that it makes any real difference.