And then of course, add the expense of 2%-5% to dump the coins. This $25 box is now costing $28. ($27 +4% ($1) dump fee). The fees for boxes will come, if you can get them at all. Most likely, they will limit the amount of coins a customer can buy, unless you have a business account. (and still a fee) Credit unions are a little friendlier in this regard. But you can't expect financial institutions to continue to shoulder the expense for your hobby, when they get nothing out of it.
with the rolls from companies like Loomis that are machine wrapped, they get coins from numerous banks, sort them, roll them, then distribute them.So you may see the same coins a few times over, but mostly not what you returned. with
Yes but other people are doing the same thing, so you are going through their returns. The number of good coins are finite, and the numbers are just getting less and less. Where it's not going to be worth doing this, if it isn't already. Halves give you your biggest return, but most places don't even carry them any more because no one uses them to buy things, or to give out as change.
My bank recently took out their machine. They did not charge if you deposited the money. The machine did not accept halves which is ok because I don't have time to search rolls. My credit union still has a machine. No charge if you are a member. There is a daily max. of $100 I think.
My credit union pulled the coin machine out of their branch. They said it was costing them too much to constantly having it fixed. People would try to run fake coins through which would jam the machine. Now I roll my own and take it to the teller, then wait three days for them to approve the rolls. As for you paying 2% for the service, um, that is your money and should not have to pay for services. That's my opinion.
They all have been searched. All you can do is pull out coins that they missed. Silver, wheaties, errors and varieties. Some people only pull silver, so there are errors and varieties still in there. There are some "good dates" for Jefferson nickels floating around, but a nickel that is worth ten cents, there's no market for. All you can do is pull it out and hold onto it for 30 years. Always know what the key dates and semi key dates are, as well as the varieties that command a premium, and learn about error coins.