TwoAndAHalfCents wrote:I don't go for boxes of halves. I just pick up small batches of rolls and loose halves at branches when they have them. Usually I get skunked but once in a while a batch of coins from someone's collection turns up. The most recent score was a few weeks back. It was a batch of four customer wrapped rolls with 18 silver (and 17 of those were 90% including a Walking Liberty and a few Franklins).
Recyclersteve wrote:Just checking with everyone to see what their success ratio is in finding silver in rolls.
My experience thru 2010 was quite good- with silver found in about 1 out of 61 coins thru the end of 2010. Then, all of a sudden, things seemed to really dry up. It appears that only once since January 2011 did I ever find 10 or more halves from a trip to the bank.
I used to track everything methodically on an Excel spreadsheet, but things got so bad that I'd take my business cards that I got from the banks and throw then into a box full of papers without even recording it on Excel like I used to. To expound on the business cards, every time I went to a bank I'd write down the amount of face value in halves received, date coins were received, name and location of branch, and silver findings- usually zero.
I was finding silver in about 1 out of 61 halves for several years up til the end of 2010. Approximately 18% of the silver halves found were 90%ers. For the almost three year period since then it has been horrible.
I'm curious as to what everyone thinks is the reason for the sudden drying up of results. I do remember a little over a year ago there was a guy working for a certain company (I'll keep the name to myself) who promised that if you used "5 magic words" when you went into banks, you could get lots of silver for face value. The words were something like "Do you have half dollars?" I noticed things drying up significantly even before his big pitch for "free silver", but I imagine that his pitch made it all that much harder to find silver.
This reminds me of trading technology stocks in the late 1990's, when it was SOOOO easy to make money. Then, shortly after 2000, everything changed in a very big way. You had to work so much harder to make so much less money that lots of people gave up completely.
What has everyone else experienced? Any items that we should be looking at that are more profitable than halves?
(As a final question- time to confess- have you ever gone into a grocery store and seen someone dumping a pile of coins into a Coinstar machine and been determined to be the very first person there after they left? I remember once reading some magazine I didn't care for for about ten minutes just waiting for another person to finish up with their coin dumping...)
thecrazyone wrote:I don't think I've ever gotten a silver quarter in the wild. Only dimes.
silverflake wrote:Shoot my best silver supply was when I had a paper route in the early 80's.
cwgii wrote:I was born in 1960. My dad put his change in a bank, shaped like a house, with a bird bath on a pedestal. Once a month we would sit down to roll it.
Back then the bankers hours were 10-3. I have vague memories of being lifted to sit on the counter and give the teller my change. No bank bags for us, crown royal ruled. It also contained my bank book.
Any wheat , or silver went into old coffee mug.then once a year ,at Xmas time,
Dad would help me look at the ,blue books. It was only when I got a little older ,did I realize that he,,,salted,, the coins. 3 cent nickels were my favorite.
Ah, simpler times.
Recyclersteve wrote:cwgii wrote:I was born in 1960. My dad put his change in a bank, shaped like a house, with a bird bath on a pedestal. Once a month we would sit down to roll it.
Back then the bankers hours were 10-3. I have vague memories of being lifted to sit on the counter and give the teller my change. No bank bags for us, crown royal ruled. It also contained my bank book.
Any wheat , or silver went into old coffee mug.then once a year ,at Xmas time,
Dad would help me look at the ,blue books. It was only when I got a little older ,did I realize that he,,,salted,, the coins. 3 cent nickels were my favorite.
Ah, simpler times.
Salted the coins? What do you mean by this?
Return to Silver Bullion, Gold, & other Bullion Metals
Users browsing this forum: No registered users and 94 guests