bank coin caches

hey guys.

im considering going to my bank to get bags and rolls of circulated pennies and nickels. Is this a good idea or am I wasting my time? I would really appreciate any feedback on this matter.

 

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Hi chevy,

I get circulated rolls from the bank all the time.
Searching through them is a lot of fun and filling up folders is too.
I don't consider it a waste of time. I know that I'm not going to get rich that way, but to me, that's not the point of coin collecting.
The main thing, for me is to enjoy the hobby just for the pleasure it brings me.
Coin collecting doesn't have to be expensive to still be coin collecting.

 

I agree. If I have a weekend to kill, I will buy a brick of coins to search through. Looking for double dies, chips, rpm's, and filled dies are a great way to spend a day. You never know what you can find. Plus, you can return any coins you don't need. This way you may search through $50 worth of cents and return $49.75
It also works great in honing your grading skills. Take the time to study each coin.

 

It's the best way to get new coins.

It's baiscly free, and you've got a chance to find some pretty nice pieces.

I got 10 rolls of pennies today, and five of nickles. No luck with the nickles, but found a 1957 D Wheat Lincoln, and found a 1944 Wheat last week searching through bank rolls.

Give it a try, it's fun stuff.

 

thanks guys,

i know this is a dumb question, but how many nickels and pennies are in a roll? (i havent done the whole roll thing yet)

 

50 pennies and 40 nickels, 40 quarters and 50 dimes
Oh and 20 halves

 

thanks a lot!!!

DOPE!!!!!!
- hOMER sIMPSON

 

Do most banks carry rolls of halve dollars?

Thanks...

 

Sometimes a bank will have them, and sometimes they'll be out.
You can save yourself some running around by calling and asking before making the trip.

 

well, i just got back from the bank.

it turns out they don't have rolls or bags of anything!!!

thanks for your help, though

you guys always come through for me.

 

THEY DON'T HAVE ROLLS???????????????????

You need to try another bank---Even a bank at a Wally World has rolls of coins.


I get rolls every now and then--I don't do like ND and look at every coin because I don't care if there is a error---I found a Lamination once on a RI quarter--I didn't keep it----

Speedy

 

it turns out they get all of the coins from the schools

how crazy is that?

 

I tried to get a roll of Sacs at a bank today. Had to settle for just 10 coins -they didn't have a full roll of Sacs.

I work at a museum, and I have instituted a policy starting today that our cash draw will always have Dollar coins to give as change! (I'm still working on halves -and maybe Ikes, too.)

 

What a great idea, Doc.
People come to museums to learn, anyway. Why not make their experience a little more interesting, by giving out seldom seen coins in their change?

 

Hey Chevy,

You have to let the others in your community know that you are looking for coins. If your local bank can't help you, try the grocery store or 7-11. They both go through a ton of chnage. Be sure to take care of your new friends. A nice wheat cent or Indian will make sure they keep an eye out for you.

 

Jody-
Thanks. My sentiment exactly. And frankly, it's also not a bad marketing thing: they'll have a unusual coin in their pocket for a few days that will remind them of my Museum. And when they eventually spend it, maybe they'll mention where they got it from. If I can get Ikes for a small premium, it would be worth the extra few dollars for the promotion it provides my Museum.

So its a win for everyone, especially those of us who want to see our obsolete coins spent, not horded.

 

Wow!

Im Comin' To Your Museum

 

Yeah, sounds like a great idea!

 

I hope I don't seem stupied but what are"chips, rpm's, and filled dies"? I am new to the hobby.
thanks

 

I meant clips. Sorry sometimes my typing errors get ahead of me. It is a small clip in the coin. RPM means repunched mint mark, and filled dies are just that. Dies that fill with grease or some other foreign materail causing the flow of metal to be blocked. This is often mistaken for worn dies, or weak strikes, and sometimes even circulation.