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<p>[QUOTE=&quot;gatzdon, post: 353067, member: 8247&quot;]Actually I would question that theory.</p><p><br /></p><p>Yes, the Fed claims to sort, verify, and send back to the mint for destruction any uncurrent coins.</p><p><br /></p><p>Yet, ask any coin roll hunter and they will tell you all the anecdotal evidence that the Fed&#039;s don&#039;t do that.</p><p><br /></p><p>The amount of foriegn, tokens, and garbage in general in our us coin rolls is astounding.&nbsp; The only verification done is by the bank accepting loose coins.&nbsp; Once that full bag is sealed and shipped, it is merely sliced open and dumped into a Glory WR100 coin wrapping machine.&nbsp; If there&#039;s a penny in that bag of halves, well someone&#039;s going to be paying 50¢ for that penny.&nbsp; Ask all the penny searchers how many dimes they find a week.&nbsp; Often enough, penny searchers are being paid for the wheats that they find.</p><p><br /></p><p>Now, our country went to all new coins in 1965.&nbsp; They public has voluntarily removed from circulation just about all coins dated 1964 or older.&nbsp; As a result, it has been decades since any bank has provided the public service of removing worn coins from circulation and shipping them to the Fed as such.&nbsp; the Fed still has a procedure in place for handling worn out coins, but I doubt there&#039;s a bank that has used it in the last 30 years.&nbsp; Now that I&#039;m starting to see worn out clad coins, what will it take to get banks to start performing this service again?[/QUOTE]</p><p><br /></p>

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