I've been CRH since February of this year. Took a few months off and started doing halves again. I am finding nothing. I had a streak of 16 skunks in a row. Then recently I have done 14 with only one 40% silver. I had some decent success with boxes of halves, getting 90% and 40%. Then it's like someone turned off the faucet. I am hoping the tide will turn, but it is getting frustrating. My success lately has been through getting loose halves and CWR from tellers. Any veterans experience this? Did you go through long droughts then start finding silvers again?
The reason I asked is because I used to order two boxes of half dollars every week from my local branch of BoA. I did this fairly successfully for a few years, and then the well went dry. Then, I noticed that some of the coins were the same ones I had seen in earlier boxes. I happened to mention this one day to the head cashier at the bank, and she told me that BoA in South Florida has a central repository to replenish rolls for the branches. The only time they order additional rolls from the Fed is when their supply runs low. This made me realize that BoA was re-rolling the change at the repository. Maybe your bank is doing the same thing. Chris
I buy my boxes from one bank and dump them at another bank. They use different services so I don't get the same coins but the silver is drying up I assure you.
Brinks delivers Loomis Halves to both my banks and all over the Midwest and Rocky mountain Region. I heard from another Coin Roll Hunter that the Fed dumps additional stuff to go out when supply is low, but it is usually 1999D Halves. I have gotten whole boxes of those a few times. I don't think If I buy from one and dump from another that there will be any difference. I might just have to rely on loose halves and CWR from random banks and credit unions. About 80% of the time these random banks have no problem giving me what they have. 20% of the time they say I have to be a customer for them to exchange with me.
Kinda late in the game for silver coins in circulation. I have not done any CRH since I was a kid but I would think dimes would be the one area where you might find a silver coin if you looked hard. Silver dimes blend in better with the clad crap.
I did dimes for a couple of months and it averaged out to one per box of $250.00. That was this year. The silver content is so low that it's not worth it.
I never liked that idea, and I always had a good relationship with my bank (25 years) so it was okay for me to return the re-rolled coins to them. The problem I saw coming many years ago was that so many people would be searching for silver that it wouldn't be long before many of them started charging for orders of rolls from anyone other than their commercial accounts. Whether you use an "order" bank and a "dump" bank doesn't matter. You might be dumping at Bank B and Bank B's customers are dumping at your bank. It still ends up costing both. Chris
Why not try looking for Indian cents & Liberty nickels in rolls since any form of silver has been out of our coins for nearly FIFTY YEARS? Nevermind.
In another thread about halfves someone mentioned that Brinks drops out silver content halves. So the rolls only contain clad halves. about 10 rolls I got the other month which were all Brinks rolled were all were clad with a few more current non-distributed halves too.
There is still silver in these rolls! Just not in the last few months. People in this forum in other regions are doing just fine getting silvers in boxes from the banks. I was On a roll this year and It just stopped all of a sudden.
I wasn't aware that elemental silver had an expiration date. Or that all the coins in old piggy-banks, old collections inherited by non-collectors, old houses being torn down, pockets of old clothes, and so forth would be raptured up to Heaven on their fiftieth birthday. Silver in circulation is thin, and getting thinner -- but it does get replenished, from these sources and others.
It all depends on what happened on the back end. How are the coins circulated after you dump them, how often are central vaults resupplied and from where. Even if you dump at a different bank than you buy, you could be searching the same coins over and over. In Vegas, coins circulate in and out of the city every day, especially halves. Based on what casino cashiers find, I can tell you there is still silver out there. Granted, casino cashiers do go through absurd amounts of cash and coin. Probably far more than many coin roll hunter's budgets will allow.
That's right! How dumb of me . I figured that EVERYONE in the chain - every worker, every clerk, every bank teller, every coin counter, roller, etc. is on the lookout for FREE "elemental" SILVER.
Evidence suggests otherwise. At the peak of the silver boom, I'd still find cashiers and customer-service people who were happy to serve it up from their tills, and I'd still find it in CoinStar reject slots. I even found that one guy dumping jars into a CoinStar who'd accumulated 20-odd dollars FV of "stuff the stupid machine won't take".
I'm not sure I understand what you mean. I already explained what I did with the rolls after I searched them. Chris
It does? The instances you posted that went on DECADES ago provides us with a very nice HISTORICAL perspective on free elemental silver. Perhaps some of the old timers here can tell us some more stories about finding Indian cents in change. Thanks!
I haven't searched rolls since I was a kid but I am fairly amazed any silver coins are found since we've been on the "clad standard" for 51 years.