Rolls from banks, good idea or waste of time?

Discussion in 'Coin Chat' started by JHar4330, Sep 7, 2007.

  1. JHar4330

    JHar4330 New Member

    I have noticed in my days of working at a cash register that there are actually a decent amount of wheat pennies, buffalo nickels, silver nickels, and 1964 and older silver coins that people pass around without noticing. I thought that it may be a good idea to go to the bank and pick up some rolls of pennies, nickels, dimes, etc and look through to see what i can get (who knows it may even be fun :smile). If i get nothing, i can just bring my change to a different bank and they will give me bills. Is this a good idea or would i just simply be wasting my time?
     
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  3. Simius_Dei

    Simius_Dei New Member

    1. trade your change for more change
    2. if nothing else, it is indeed fun
    3. check all of your lincolns for errors/varieties
    4. good idea!

    :)

    Jasn
     
  4. gatzdon

    gatzdon Numismatist

    When you go through the quantity I do, number 1 is not an option. Even for small quantities, it takes an understanding teller to cooperate (younger kids get away with trading coins for coins easier than an adult).

    My preference is to take the coins back to a different bank all together. I try to make sure my coins have to actually go through the federal reserve branch before I can get them back again (this requires requesting boxes at many banks and figuring out which ones use different companies to roll the coins).
     
  5. J.Cordeiro

    J.Cordeiro Coin Geek

    Hey Gatzdon,

    Just out of curiosity, is it really worth the time, effort and energy?
     
  6. Topher

    Topher New Member

    Lots of us do that all the time. Enjoy!
     
  7. AdamL

    AdamL Well-Known Member

    Yes, alot of us do it, and its tons of fun. Last week I got 20 in nickels, and got a 1939, a 1940, a 1945-S (silver) and a buffalo nickel. Not to mention several from the fifties. Alot of people on this forum get large quantities of half dollars and find silver ones. Welcome to the forum by the way.
     
  8. DJCoinz

    DJCoinz Majored in Morganology

    Half dollar rolls are definitely the most worthwhile. Since May I've found more than two full rolls of silver.
     
  9. JHar4330

    JHar4330 New Member

    Cool, so if i were to bring 40 dollars to the bank, let's say, for example, I'd get:

    $20 - 1 roll of halves
    $10 - 1 roll of quarters
    $5 - 1 roll of dimes
    $4 - 2 rolls of nickels
    $1 - 2 rolls of pennies

    Is this a good mix or do you guys think that quarters are too scarce to bother with?

    P.S. Thanks for the welcoming!
     
  10. monkeyman

    monkeyman Coin Hoarder

    i've had the most success with nickels, and cents. Ive never found any silver quarters or dimes.
     
  11. J.Cordeiro

    J.Cordeiro Coin Geek

    Thank you for the welcome.
    Being (mainly) a Darksider living in the U.S.A., I cannot just go to the bank and request a roll of “world“coins. The local branches are too small.
    But to buy boxes of coins from a bank, search thru them, re-roll them and bring them to another bank?
    No, thinking about it again I can see where it would be fun. Very similar to buying a bulk lot of world coins.
     
  12. JHar4330

    JHar4330 New Member

    No need to reroll coins, you dump them into the machine that counts them for you.
     
  13. Topher

    Topher New Member

    For those of you lucky enough to have those. Some of us aren't that fortunate. :(
     
  14. AdamL

    AdamL Well-Known Member

    My bank has one behind the counter, and they're happy to drop my bags o coins in, free of charge. Usually when I'm roll searching I have a free afternoon anyway though, so I just reroll most of the non-keepers.
     
  15. AdamL

    AdamL Well-Known Member

    With 40 bucks, I would stick with one denomination. I personally would go with nickels. I think you find more old coins in nickels, because people don't look through them for silver, since they only contained some silver in WW2. I wouldn't bother with dimes and quarters unless your trying to fill an album or folder with 1965 to present coins. If you want to find silver. Take a few hundred bucks and get halves, that is, if you bank has halves. Mine usually only has about $100 in halves. Good luck.
     
  16. Philly Dog

    Philly Dog Coin Collector

    Most banks do not have a lot of halves on hand. You may have to order a box of them if your bank will do it
     
  17. Philly Dog

    Philly Dog Coin Collector

    I just got a sealed whole box(25.00) of Lincolns. the whole box 50 rolls all brand new 2007's that are proof like. I have never gotten new rolls that were this high grade from the bank.

    Few weeks ago got 20 rolls all were hand rolled so I knew there would be some old ones in them. 1929-D was the best of all the wheats in the rolls
     
  18. Topher

    Topher New Member

    The banks I go to, know that I prefer hand-rolled coins. It's kind of nice the way they treat me. Now, if only we had the automatic coin counters up here... :(
     
  19. Coinlover

    Coinlover The Coin Collector

    i've been through $60 in nickels and have found about 20 pre 1960 nickels including a 1938 and a 1939D. its really fun and a great way to get old coins cheap!
     
  20. JHar4330

    JHar4330 New Member

    What's the big deal with pre-1960 nickels? What's the difference between a pre-1960 and post-1960 and if the pre-1960s are worth more, why? Just wondering.
     
  21. GDJMSP

    GDJMSP Numismatist Moderator

    In truth there is no difference. It's just that some seem to equate age with value when in fact it is meaningless.
     
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