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 Replies: 66 / Views: 13,133 |
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Rest in Peace
10197 Posts |
UPDATELast Bank Box through Brinks Missouri Fed Region: Copper coins found: 493 or 19.7% Wheat Cents Found 11 or .5% Total copper(LWC, LMC, Canadian) = 20.2% Of these I had a "Second Look" of set asides for errors, RPMs , etc.: Copper 2nd look: 104 or 4.29% Zincolns 2nd look: 168 or 6.7% Total errors/RPM/DD or interesting found........1 Posted this yesterday, a big linear plating bubble...whoopee...  
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Pillar of the Community
United States
1026 Posts |
WOW I am so mad that Strings & Sons here on the east coast is taking all the pre 1982 cents out they wrap the coins for all the banks around here.
I never saw such junky cents in my life as what are in rolls today. Not sure where they find so many dirty junky cents guess the cent coin roll hunting days are over.
I have been getting a few nice 2000 and up cents in some rolls though so I did keep them.
Anyway so sad that the cent coin roll days are over better get a lot's of nickel rolls they are probably next.
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Pillar of the Community
United States
1026 Posts |
Well I am going to start getting a box of nickels every week as I figure they will be next to go.
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Rest in Peace
10197 Posts |
Brucec, did you notice the link Bobby posted a page or so ago regarding a Webcoins of PA? If you look at who owns this outfit that is sacking the copper it is none other than String itself! Say that pretty well wraps up the copper market in your area don't it?  |
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Pillar of the Community
United States
1026 Posts |
Well I give UP first Strings & Sons take all the copper cents out so I switch to nickel roll hunting. The first time I got 10 rolls WOW almost all of them were keepers in very good shape.
BUT now First National Bank must tell the tellers if anyone asks for rolls to give them CRAP. I got 10 rolls of nickles from one branch they were the most beat up coins I have ever seen. So today I go to a different branch and get 10 rolls of nickles and cents. The nickles were machine wrapped but again were all CRAP the 10 rolls of cents were hand wrapped and they were all crap.
The darn bank has me so mad I may switch banks they have to be telling the tellers to give as I said people that ask for a large number of coin rolls CRAP.
Will be a pain in the butt with all the direct deposits I have but I am going to maybe switch.
Is anyone else experiencing this new trend with their bank?
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Pillar of the Community
United States
772 Posts |
I am very surprised reading this topic. I don't know if it is just a Minnesota thing or not, but I seem to do just fine with copper cents in NF String Rolls. Fine is relative of course, and I do not pull out all of the copper cents, I only pull the pre 70s. But, that being said I average over 100 60's copper cents EVERY $25 I buy.
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Bedrock of the Community
United States
94367 Posts |
That sounds like a very good ratio to me.
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Pillar of the Community
United States
1026 Posts |
Well maybe that is what I need to try get a box of nickels then they can't just get there crappy rolls out from under the counter. I will try and see if they will even give me a box.
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Pillar of the Community
United States
1409 Posts |
My last 10 boxes here in FL have averaged right at 18% copper. But I did get one box that was someones dump. I didn't notice it wasn't sealed until I got home, and when I started going through the Customer wrapped rolls, it was obvious. I stopped after $9 and took it back.
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Pillar of the Community
United States
2917 Posts |
Quote:
I didn't notice it wasn't sealed until I got home, and when I started going through the Customer wrapped rolls, it was obvious. I stopped after $9 and took it back. I almost always weigh my cent rolls before I start searching them. If they're solid Zincolns, they'll weigh 125 grams (4.4 ounces). A roll of copper cents will weigh 155 grams (5.5 ounces). CRH Nickeloholic. 1,600,000 nickels searched in eight years! Have found FOUR complete Jefferson sets!
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New Member
United States
11 Posts |
I find a good way to get around getting dud rolls is to bypass the rolls altogether. Go to a branch of your bank that has a coin counter and ask them if they have a $50 bag of pennies. It's invariably made up of loose coins that merchants and such bring in for deposit. The bank tellers take these pennies, have the coin counter count them up and put them in a $50 bag. You'll find plenty of copper pennies including the occasional wheats this way. I've searched several bags and have found around 20% keepers each time.
Edited by MBACMA
01/05/2018 1:49 pm
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Pillar of the Community
United States
1026 Posts |
Well my bank closed their coin counting machines but another bank close to them has a coin counting machine still so I opened a saving account with them and will dump there and when I dump I will deposit the amount into that savings account to try and keep them happy.
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Rest in Peace
10197 Posts |
Still getting copper in boxes here, but it is decreasing. Have to figure, people hoarding, the inserting of BILLIONS more Stinkin Zinkins from 2016 & 2017 drastically reduces the available amount of copper by rote. Not surprising here. Too bad all these Stinkin Zinkins ain't rotting quicker!
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Pillar of the Community
United States
1479 Posts |
I picked up 2 bricks of Looms rolled cents Tuesday from Chase in Salem. Get this, out of 5000 coins 11 were copper. I put 2 and 2 together and realized The Portland Mint is 47 miles from me. Its obvious they have an agreement with Looms and probably the other armored car companies to provide/sort/reprovide etc. Capitalism at work. Portland Mint is largest copper and nickel coin coin investment outfit in USA. 9 pound box of coppers $29.00 , 68 lbs. $171.00, a ton of them $5,250.00 not including shipping. This guy is a trip and making money hand over fist they even store your nickel and copper as hedge and charge for storage. Most say poohpooh but you have to admit he is a brilliant guy. Lets see 160 cents per pound x 9 equals $14.40 face you pay $26.00 wow! no way for me.
The upside of boxes of zinclons is the variety in the 80's forward of which I might find. Lots of 83, 84,88 and 92 cents were in the boxes and you never know. Copper is a dead end for me I have nowhere to store its truly dead weight for me. Silver and gold the ultimate hedge LIMO.
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Valued Member
United States
269 Posts |
I have about 20 lbs of copper cents collected in an cleaned out plastic pretzel barrel. Doing it just for fun. I still get lots of coppers out of circulation, I'd say at least 10% of the Lincolns I get in change.
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Posted 12/09/2017 1:20 pm
