I was at my LCS today, and a teller from BMO brought in 800.00 in silver quarters. They said a customer deposited them. The tellers plucked them from the coin bag, and the rest is history. I suppose this happens from time to time. Keep searching.
Wonder what the dealer gave for them? At the local show Friday I was quoted 13x, 14.6x and 15x for junk 90% (decided I won't be selling any). Provident would pay $12336 for the lot as of Friday. Wonder if there was anything good in the lot? Wonder if the dealer will even bother searching them?
I was eavesdropping, he asked her if there were any 32 d or S. she said no. he paid 3.50 a piece. He dumped them all, in with the rest of his 90%
I'm having a hard time believing this. There are 40 quarters in a roll, that's 80 rolls. That's well over a box. It's dang near impossible to find silver quarters in circulation, let alone 3,200 of them. This means that they have had to been around for quite some time. A coin collector would know better than that. A roll hunter knows better than that. The kids of a dead coin collector would know he collected coins, so they would know they are coins worth money, and not just change he had sitting around. The only thing else I can think of...is that someone stole them, thinking they were quarters, and cashed them in. If this is true, then there needs to be some investigating... I can see someone bringing in a roll or two of quarters as a mistake not knowing what they have..., but no one in their right mind brings in $800 worth of silver quarters without knowing what they are doing. It could be possible that the person who brought them in wasn't a teller at all, but rather another collector, and using that story as a cover in order to not let people think he was a collector himself, in order to not get robbed.
