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<p>[QUOTE="jtlee321, post: 2170220, member: 73983"]Actually the bags almost never go back to the mint. The coins most of the time stay within the local economy. The armored car service or the banks central vault takes the loose coins and re rolls them. When the Fed ships newly minted coins to the armored car service or central vault then the new coins are distributed until they run out. That's when the re rolled coins start showing back up at the banks. The trick to coin roll hunting is finding out which banks use which service. You pick up from one bank that uses service A and dump at a completely different bank that uses service B. That's how you try to avoid getting your searched coins back.</p><p><br /></p><p>A few years back I had developed a pretty good strategy. I ordered from Bank of America and dumped at US Bank. Both of those banks had lots of local branches. All of my halves would come machine rolled. I would dump them loose at US Bank because they had a coin counting machine. I had a standing order of 2 boxes of halves from 4 different banks. I would pick up the first 2 boxes, search them. I would then dump those at US Bank where I would ask for the first bag of half dollars from the coin counting machine. I would then cash out the second bag. The first bag I would take out to the car and search. The search could be really quick or take up to 15 minutes depending on how full the bag was prior to me dumping. I would then take that searched bag back to the same US Bank and cash it out. Take the $1000.00 after I replaced any from the coins I kept, go on to the next Bank of America. I did this for months and months. I was able to nearly exhaust the half dollar supply from the Bank of America Supplier. At the same time, I was able to search the half dollars from US Bank and get any silver that entered their system through the coin counters. </p><p><br /></p><p>My brother and I ganged up and did this and between the two of us, we snatched up nearly all of the silver half dollars that had been sitting in boxes on pallets just waiting to be distributed. Between the 2 of us we both amassed several hundred ounces of silver at face value. But it ended due to Bank of America switching services. A service that I might add, was known to be culling silver. </p><p><br /></p><p>Sorry to have hijacked the thread, but it kind of explains how you can get any old coins from rolls. A customer simply brings it to the bank loose or rolled and it enters the system and stays, until someone notices it and keeps it for them selves.[/QUOTE]</p><p><br /></p>
[QUOTE="jtlee321, post: 2170220, member: 73983"]Actually the bags almost never go back to the mint. The coins most of the time stay within the local economy. The armored car service or the banks central vault takes the loose coins and re rolls them. When the Fed ships newly minted coins to the armored car service or central vault then the new coins are distributed until they run out. That's when the re rolled coins start showing back up at the banks. The trick to coin roll hunting is finding out which banks use which service. You pick up from one bank that uses service A and dump at a completely different bank that uses service B. That's how you try to avoid getting your searched coins back. A few years back I had developed a pretty good strategy. I ordered from Bank of America and dumped at US Bank. Both of those banks had lots of local branches. All of my halves would come machine rolled. I would dump them loose at US Bank because they had a coin counting machine. I had a standing order of 2 boxes of halves from 4 different banks. I would pick up the first 2 boxes, search them. I would then dump those at US Bank where I would ask for the first bag of half dollars from the coin counting machine. I would then cash out the second bag. The first bag I would take out to the car and search. The search could be really quick or take up to 15 minutes depending on how full the bag was prior to me dumping. I would then take that searched bag back to the same US Bank and cash it out. Take the $1000.00 after I replaced any from the coins I kept, go on to the next Bank of America. I did this for months and months. I was able to nearly exhaust the half dollar supply from the Bank of America Supplier. At the same time, I was able to search the half dollars from US Bank and get any silver that entered their system through the coin counters. My brother and I ganged up and did this and between the two of us, we snatched up nearly all of the silver half dollars that had been sitting in boxes on pallets just waiting to be distributed. Between the 2 of us we both amassed several hundred ounces of silver at face value. But it ended due to Bank of America switching services. A service that I might add, was known to be culling silver. Sorry to have hijacked the thread, but it kind of explains how you can get any old coins from rolls. A customer simply brings it to the bank loose or rolled and it enters the system and stays, until someone notices it and keeps it for them selves.[/QUOTE]
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