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I heard the magic coin words today!

PostPosted: Fri Jun 07, 2013 5:41 pm
by mrrosado
"We can order some for you" and they were talking about pennies. I took out $50 in pennies. I wanted to take out $100 but they said they couldn't do that for the week. They asked what I wanted the pennies for and I told them everything about what can be found in a box and what I found in the last box of nickels. This means I can get them to order havles for me. However, what is the ratio of silver in halves. I like penny boxes because about 30% of the box are keepers :0) I hear done 40% half per box or less. that's boring to coin search. Does anybody else have any of their results? Thanks for the info. BTW its $500 in a box of halves right?

Re: I heard the magic coin words today!

PostPosted: Fri Jun 07, 2013 6:01 pm
by galenrog
Halves?? Kind of spotty for silver, but if you have a handle on what local collectors are looking for you can make a short list of dates, errors, types, etc that individuals may pay a premium for. It may not sound like much to get $1.00 for a fifty cent coin, but working with local collectors can increase both your presence and your profits.

Re: I heard the magic coin words today!

PostPosted: Fri Jun 07, 2013 6:27 pm
by mrrosado
galenrog wrote:Halves?? Kind of spotty for silver, but if you have a handle on what local collectors are looking for you can make a short list of dates, errors, types, etc that individuals may pay a premium for. It may not sound like much to get $1.00 for a fifty cent coin, but working with local collectors can increase both your presence and your profits.

I'm a priest. I do this mostly for fun. Most of the time when I sell its to benefit our Youth Group :0) Thanks for the advice. I'll stick to my pennies. About 30% of it is copper and about 30 wheaties per box. A few foreign coins for my moms collection too :D Thanks for the advice. Does anyone have a different experience?

Re: I heard the magic coin words today!

PostPosted: Fri Jun 07, 2013 6:52 pm
by blackrabbit
You should try a box a halves. You never know, you could hit a silver vein and it costs you nothing if you find nothing. It only takes a short time to look through a $500 box of halves. You can easily spend them, people like them, or just return them to another bank.

Re: I heard the magic coin words today!

PostPosted: Fri Jun 07, 2013 7:01 pm
by $nack-Money
Father, if you're strictly looking to profit, I'm going to save you a lot of time right now... search halves only and search them as much as you can.

Re: I heard the magic coin words today!

PostPosted: Fri Jun 07, 2013 7:50 pm
by scyther
$nack-Money wrote:Father, if you're strictly looking to profit, I'm going to save you a lot of time right now... search halves only and search them as much as you can.

I just got $1,000 in halves from my bank today. They informed me that the halves were already searched before being put into boxes. I searched them just in case. Nothing. I'll be switching back to dimes...

Re: I heard the magic coin words today!

PostPosted: Fri Jun 07, 2013 7:58 pm
by $nack-Money
For the halves, try at least 5K per week orders. Preferably 15-20K (30-40 boxes). 1K way too small a sample size to predict future success.

Re: I heard the magic coin words today!

PostPosted: Fri Jun 07, 2013 9:11 pm
by stlouiscoin
as many members on here can attest too, it is in your best interest not to tell them there is anything of value in rolls. many a pickup banks have been ruined by tellers sorting the rolls themselves :thumbup: just make an excuse about needing them for your parish or something like that.

Re: I heard the magic coin words today!

PostPosted: Sat Jun 08, 2013 8:26 am
by rexmerdinus
Nice--encourage a priest to lie! I'm not even Catholic and I know that's probably not cool! HAHA!

Re: I heard the magic coin words today!

PostPosted: Sat Jun 08, 2013 1:16 pm
by smackvay
rexmerdinus wrote:Nice--encourage a priest to lie! I'm not even Catholic and I know that's probably not cool! HAHA!


LOL post of the day :thumbup:

Re: I heard the magic coin words today!

PostPosted: Sat Jun 08, 2013 3:56 pm
by hobo finds
smackvay wrote:
rexmerdinus wrote:Nice--encourage a priest to lie! I'm not even Catholic and I know that's probably not cool! HAHA!


LOL post of the day :thumbup:


Yep! :lol: :thumbup:

Re: I heard the magic coin words today!

PostPosted: Tue Jun 25, 2013 12:31 am
by mrrosado
smackvay wrote:
rexmerdinus wrote:Nice--encourage a priest to lie! I'm not even Catholic and I know that's probably not cool! HAHA!


LOL post of the day :thumbup:

A simple way to handle this is to tell them that it is a private matter or to state that I don't want to talk about it. My local td bank has a policy that prohibits them from roll searching. On the Contrary I hope they keep all the halves they find for me :D

Re: I heard the magic coin words today!

PostPosted: Tue Jun 25, 2013 7:50 am
by NHsorter
It's not a lie if you say that they are "for your youth group". That should be enough info to stop the questioning, but yet not enough info to tip them off about searching for silver. And since the proceeds are going to the youth group, what you told them is 100% true. If you say "it's a private matter" or "you don't want to talk about it" then they will get suspicious and either research and figure it out themselves, or somehow use it as an excuse to cut you off. Answers like that can rub them the wrong way and that never helps. Just my opinion on it anyway. Best of luck in your hunt!

Re: I heard the magic coin words today!

PostPosted: Thu Jun 27, 2013 11:34 am
by mrrosado
NHsorter wrote:It's not a lie if you say that they are "for your youth group". That should be enough info to stop the questioning, but yet not enough info to tip them off about searching for silver. And since the proceeds are going to the youth group, what you told them is 100% true. If you say "it's a private matter" or "you don't want to talk about it" then they will get suspicious and either research and figure it out themselves, or somehow use it as an excuse to cut you off. Answers like that can rub them the wrong way and that never helps. Just my opinion on it anyway. Best of luck in your hunt!

that works too. So far all I found was one silver nickle from bank roll searching. I might go ask for the $1,000 in halves as suggested. The summer is quite slow as people go on vacation.

Re: I heard the magic coin words today!

PostPosted: Thu Jun 27, 2013 3:00 pm
by cooyon
When the tellers ask me why I get so many boxes of pennies and nickels, I tell them I am putting together starter sets to give out at Christmas to get kids interested in coin collecting...never mention silver or any other tells that could upset the applecart. Almost always, they congratulate me for doing that, makes me feel good. Is it the truth? Could be true one day.