I 'THINK' I wasted time CRH'ing; anyone KNOW the process?

(maybe I can word this, such that only the knowledgeable will answer)

Here's the situation; I picked up a box of $/2 today. I took it home, and after checking 3 rolls, I realized (I think) I was wasting my time. I took it back to the bank, and got 2 boxes Dimes.

First clue, that I didn't recognize up front - home tape job:



Second clue - 'home' re-wrap, still didn't realize it at the time:



Third clue - every roll other end was machine-crimped:



While doing the 4rth roll, I realized that the whole box had been searched (pretty sure).

So I went back to bank, and swapped for 2 rolls dimes...



Question is, am I right or wrong, to assume that the box of $/2 was already searched? Does anyone know FOR SURE, how the bank's coin handlers roll and transfer rolled money? Might the 'handlers' actually have idle time, to search boxes?

I told Nancy at the bank my guesses - that it had already been searched. She said no one had touched the box since delivered by Loomis. So someone at Loomis, before delivery, must have checked out these rolls?

The coin processor (for the bank) normally does a MACHINE CRIMP of rolls at both ends - right???????

What do you KNOW, about how banks' coin handlers, process coinage? How else could every roll be machine crimped one end, and home-crimped other end???

 

Log in or Sign up to hide this ad.

What is '$/2' ?

 

He purchased 2 boxes of half $ coins...or he obtained 2 boxes of half dollars.
Now he wants to know....did he make a good decision to return the halfs because someone may have already searched them?

IDK.....however the power ball numbers for the next drawing are
04 16 35 47 55 64 power ball number 7 guarantee winner

 

Ummmm........since there is a photo of a box of Kennedy's, I would assume that it means half dollars.

Chris

 

The bank is giving you boxes of halves and boxes of dimes at face value, which costs them more than face value. Did you waste your time? Yes. Are you wasting the banks money? Yes.

 

To answer the question directly, yes the halves were very likely searched already by somebody. You were smart to discontinue at that point if your goal was only to find silver. However, it's possible the person who searched them before you skipped over certain coins like NIFCs (Not Issued For Circulation - Proofs, 1987-P&D, & halves minted after 2001). It's also possible the previous searcher did not look for certain coins such as the 1974-D Doubled Die Obverse or the 1972-D "No FG" (missing initials of Chief Engraver Frank Gasparro who designed the reverse) or the 1982-P "No FG". There are others mentioned if you search on Kennedy Errors & Varieties, but these are the only ones I have found. And by far of the last 3, the 1974-D DDO has been my most common.
Incidentally, the box and wrappers look like NF String which, I've heard said, could have processed them or just provided the wrappers and the box. Either way, my silver success rate with these types of rolls has been abysmally low (almost non-existent) in my locale. But that's a whole 'nother argument!

 

Good answers Gentlemen; a pleasant surprise.

And yes TexAg; I did hesitate about not searching the rest of the rolls for that very reason - previous searcher might have only done 'edge search'... (ed.: only reason I did NOT search, was because I'm not familiar with #'s of '70 and later Keys / varieties / errors ???. Is there a list compiled anywhere? )

Karma - Nancy at bank did say if I wanted to get them back tomorrow, they'd be there...

 

Been there done that, yes they've been searched. At least you got full value though, doesn't always work out that way:
https://www.cointalk.com/threads/sealed-boxes-already-searched.298940/

 

Best $10-$12 you'll spend. Pricing may not be as current as you would like, but you'll easily get an idea of which coins are better. Plus, it's filled with all kinds of interesting numismatic information

 

I picked up $150 in halves from a teller on Monday at around 1pm. I took them to another branch on the way home about 15 minutes later once I realized that every roll had been opened/searched (exactly the appearance of the OP's rolls). This happens to me frequently when I buy multiple rolls directly from tellers rather than ordering full boxes.

 

curious did you find silver in the dime boxes ?

 

Just finished 1st box .10's here spirit; zero Silver (no luck at all w/ rolls lately - kinda' discouraging).

Besides 4 rolls that teller put into box to make full box, only 7 other rolls were not solid '17 P. Other 39 rolls are UNC '17 P. I don't know how a FEW odd ones got into the 7 rolls that aren't solid '17 P rolls???

2nd box Dimes looks identical to first box UGH. Cross your fingers. Cross your eyes. Cross your toes, your teeth, your hair, CROSS 'EM ALL!!!!!!!

 

I look forward to the 2nd box results...

 

I might buy a box tomorrow.

 

I don't hunt halves like a lot of people do but I'll take them if I can get them. What you need to remember is that what you are looking for may not be what the person who searched through that box was looking for. If you are looking just for silver, then I think it's safe to say the box was probably searched for that, at the very least.

 

Thanks hoopster; I'm sure there's good stuff in there! But after what happened (or DIDN'T happen) with the '89 [NO] P .25, I'm really not enthusiastic about 'new stuff'. I've told this story here before, but just in case others here didn't see the post, get your Kleenex ...

In 1989, a friend of mine - Gary Gasparini; lived around the corner from me - found the first documented '89 no P Washington. He sent his piece to ANACS or PCGS, or NGC - don't remember. He and his quarter made front cover full page photo of Numismatic News (or Coin World?) - the coin rag that was like a newspaper; either 10/89, or 11/89.

Foreman in Philly right away was offering $25. In a few months, Foreman went to $50, $75, $150, last I saw, for them.

I was in college, working at a laundromat, BETWEEN my house and Gary's house (175 feet?). Laundromat RUNS ON quarters.

By the time Foreman's offer hit $150 - late the following Spring, I had (still have) 47 of them, real shiny NEW ones - most from rolls, UNC (anyone happen to have that copy with Gary's quarter front page? ).

Then, there was an article on them - mid-'90? Some kind of explanation; then they fell from the radar scope ... into oblivion. Dis-heartening? Discouraging? You have NO idea.

I was talking to Gary one day, a year or so later. He had just gotten his quarter back. I told him how it probably happened, that I got 'so many' (more than anyone in the world maybe (but I think I still got nothin') ).

Anyway, as I speculated to Gary, the majority of the batch went from the press in Philly, to FRB 'E' in Richmond. From there, to boss's bank in Greenville NC. Then to yours truly ... dejected .

And before you think it; NO - I had zero intention of cornering the market on this coin (that you know ). Can you imagine having most of the '09 S VDB's, in 1910? Most of the '16 D Merc's? '32 D, S Wash's? 1804 Bust Buck, or '01 Morgan? This wasn't some pipe dream; I had [have] them in my little paws here...

Question NOW is, if Rupert Murdoch, or W R Hearst (I know; he's toast), or Ted Turner, or even Zuckerberg, started an ad campaign blitz, and price DID go back to $150, WOULD I SELL??? Hmm.........................

Anyway here hoopster, maybe easy to see why ole' Chuckie can't easily get TOO excited about a new variety / error / etc.

 

7 rolls into 2nd box; solid 2017 P. Looks like I need to check Roosie's hairdo?