I scored some silver half dollars at the bank! :)

Discussion in 'Bullion Investing' started by Gam3rBlake, Dec 9, 2020.

  1. Gam3rBlake

    Gam3rBlake Well-Known Member

    Hey guys,

    I’ve been a casual coin roll hunter for a few years but lately I haven’t been having any luck so I decided to see if I could find some silver coinage rather than numismatic stuff.

    I went to the bank today with about $150 and asked to buy rolls of half dollars and it paid off!

    Im so stoked!

    This proves to me that there is still silver stuff out in circulation and I highly recommend checking out your local bank and seeing what you can find.

    The bank teller told me that all of these half dollars were brought in by the same individual so apparently a lot of people don’t know what’s silver and what isn’t considering that the guy who brought them to the bank could’ve got ~$3 a piece for them based on silver melt but he took them to the bank instead.

    I do feel bad for the guy that brought them in though. :(

    Anyway I just wanted to share this with you guys. ^_^

    P.S. HUGE props to the bank teller who sold me these. She knew they were silver after I bought the first couple of rolls and could’ve easily purchased the rest for herself but instead kept them for me to buy.

    74A7127E-1AD0-4621-BAF6-81F31539BC7D.jpeg EF1FD9C8-5E11-4173-9CF1-A8D13A95FD19.jpeg
     
    Last edited: Dec 9, 2020
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  3. paddyman98

    paddyman98 I'm a professional expert in specializing! Supporter

  4. Gam3rBlake

    Gam3rBlake Well-Known Member

    Thanks! :)

    I’ve never scored this big before.

    I mean I’ve bought rolls where a couple of the coins were 40%/90% silver but I’ve never purchased rolls where every single half dollar was silver and there were several rolls like this.

    If I recall correctly these ones are 40% silver so my local shop pays about $3 for them.
     
    paddyman98 likes this.
  5. Inspector43

    Inspector43 More than 75 Years Active Collecting Supporter

    Most bank tellers are not allowed to buy change for themselves.
     
  6. Gam3rBlake

    Gam3rBlake Well-Known Member

    I think here they are as long as it’s not while they’re working.

    Like if they have a bank account with the bank they work at and come in on their day off I think the bank would have to let them exchange bills for coins or vice versa because that is the standard job of a bank.

    However I’m guessing you mean they can’t buy stuff while working?
     
  7. Inspector43

    Inspector43 More than 75 Years Active Collecting Supporter

    I tried to give a Buffalo nickel to a teller for her daughter. She couldn't take it. I had to sell it to another teller and then the original teller had to buy it from her. I don't know exactly how it works, but, it is complicated.
     
    DarkRage666 likes this.
  8. scottishmoney

    scottishmoney Buh bye

    Tellers can and do buy if they have managerial approval with another person involved in the transaction so there is nothing shady going on. I occasionally horse trade with tellers but we have to involve one of their co-workers so there is no suspicions of wrong doing.
     
    ldhair likes this.
  9. Gam3rBlake

    Gam3rBlake Well-Known Member

    As long as the teller pays the same face value right?

    Like if I (stupidly) brought in 10x American Silver Eagles to deposit into my bank account with a face value of $1 each ($10 total) the teller could take a $10 bill out of his/her wallet instead and deposit that and keep the 10x Silver Eagles because it’s the same $10 face value right?

    Or if it was like a $10 silver/gold certificate.
     
    SensibleSal66 likes this.
  10. SensibleSal66

    SensibleSal66 U.S Casual Collector / Error Collector

    Ohh Blake , now you have give her a Thank You Card .:rolleyes:
     
    Gam3rBlake likes this.
  11. Gam3rBlake

    Gam3rBlake Well-Known Member

    LOL! I definitely do!
     
    SensibleSal66 likes this.
  12. SensibleSal66

    SensibleSal66 U.S Casual Collector / Error Collector

    What years are the coins Pre 1964 ?
     
  13. Gam3rBlake

    Gam3rBlake Well-Known Member

    Nah they are 1965-1969 so they are the 40% silver ones.

    The pre-1964 stuff was all 90% silver.
     
    SensibleSal66 likes this.
  14. SensibleSal66

    SensibleSal66 U.S Casual Collector / Error Collector

    I was hoping to hear 1964's . Oh well. I've done that too when I was desperate for cash in a hurry .
     
  15. Gam3rBlake

    Gam3rBlake Well-Known Member

    Well considering I only had to pay $0.50 for each of them (face value) anything with silver in it is a profit.
     
  16. Treashunt

    Treashunt The Other Frank

  17. Gam3rBlake

    Gam3rBlake Well-Known Member

  18. paddyman98

    paddyman98 I'm a professional expert in specializing! Supporter

    I have a serious question about that statement.

    To all coin roll hunters.. Why do you state that you are buying rolls if you are paying the face value?
    Isn't more like acquiring? Or exchanging? Not really buying since the bank is not charging extra or making a profit.

    :hilarious: I always thought it was kind of funny to state that.

    Or am I wrong?
     
    Histman and LA_Geezer like this.
  19. Gam3rBlake

    Gam3rBlake Well-Known Member

    Nah you’re right it’s more like exchanging bills for coins.

    I think people just saying they’re “buying rolls” because that’s what others have always said.
     
    -jeffB and paddyman98 like this.
  20. Inspector43

    Inspector43 More than 75 Years Active Collecting Supporter

    Semantics. Exchanging a dollar for a glass of beer. Trading with someone on eBay - dollars for collectables. Buying is just so much more common.
     
    paddyman98 likes this.
  21. spirityoda

    spirityoda Coin Junky

    How many of each year did you get ? 40% or 90% ?
     
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