Question for those who buy rolls to search through at the bank:

Discussion in 'US Coins Forum' started by dbblsanta, Jul 18, 2007.

  1. dbblsanta

    dbblsanta Member

    I have $105.00 in change, rolled, in my house right now (mostly nickels and pennies, a few dime rolls, and a roll of quarters), and I want to trade it in to my bank for rolls of half dollars, to look for silver and dates that I need to complete the series. As I rarely deal with bank tellers (I mostly just use the ATM), I have a few questions:

    1. Can the bank take all that change at once? And if they can, is it annoying for them to do so (I don't want to be known as the patron from hell.)

    2. Also, is there a good chance at finding silver Kennedys in bank rolls?

    3. What else should I ask for? Do banks have Eisenhower and SBA dollars hanging around too?
     
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  3. bqcoins

    bqcoins Olympic Figure Skating Scoring System Expert

    If you are a member of the bank, they usually have no problem taking all that change, unless they are being petty. Yes there is a decent chance of finding silver kennedys mostly 40% and if the bank has Ikes and SBA's they are not usually worth any premium over face, so unless you are building a circ set of them, I'd say to let them fall by the way.
     
  4. elaine 1970

    elaine 1970 material girl

    it's too late?.

    you can easily buy from dealers 500 pc of ike circulated dollar graded xf to au at around $1.20 each. as for kennedy silver half dollars. try it at a bank. but i think it will be few and hard to get.
     
  5. dbblsanta

    dbblsanta Member

    I know Ike and SBA dollars aren't rare, but I'm trying to complete the series of all currently minted U.S. coinage (Lincoln cents, Jefferson nickels, Roosevelt dimes, Statehood quarters, Kennedy half dollars, Sacagawea dollars and Presidential dollars) and the no longer minted, but commonplace Washington quarters, Eisenhower dollars, and Susan B. Anthony Dollars. Pretty amateur, I know, but I don't have any money to spend on really expensive coins right now.

    After picking out the dates of the Ike and SBA dollars that I needed, I figured I would offer the rest to customers at the store where I work (at face value of course). I figure it would it would be a good, free advertising scheme in a way, as most people aren't coin collectors and would see them as a novelty.
     
  6. DJCoinz

    DJCoinz Majored in Morganology

    Nearly all banks have coin counting machines so it shouldn't be a problem. As for the halves...go for it. :D

    I'd say, that on average, I find one 40% silver half for every 5 rolls I search and one 90% half for every 30 rolls I search. Sometimes I luck out and find a few rolls have have a cache of silvers...but not very often. ;) Today I bought $100 of halves from my bank and only found one 40% silver. But I lucked out when I was at the bank--there were 5 40% silver halves in the teller's window. :) So today I found 6 40% silver halves.

    My bank also has SBA's and sac's, but they really are just worth face so I don't buy these. Halves are your best bet for finding silver. :kewl:
     
  7. taurus876

    taurus876 Senior Member

    I found that the my bank will not do trades with coins. You have to deposit it (with your acount nbr on it) and then withdraw it. Same thing but a PITA.
     
  8. Coinlover

    Coinlover The Coin Collector

    what i would do is take the rolled coins to one bank, get cash, and drive to another bank and ask for halves. ask if they have any large sized dollar coins too. i've read about people doing this, and getting peace and morgan dollars! you can also find some proof dollars too. as for the small sized dollars, pass on those. when searching the halves, look for S minted halves, they are proofs, and the 2001P, and all 2002-date becuase these are not intended for circulation, and you can get about 65 cents for these. some S mint proofs are silver, so watch out for these! good luck! HH.:D
     
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