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Replies: 22 / Views: 1,460 |
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Pillar of the Community
United States
1488 Posts |
Excellent haul! Bullion value well over $4 per 40-percenter!
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Moderator
 United States
15414 Posts |
Nice score. 
Take a look at my other hobby ... http://www.jk-dk.art
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Valued Member
 United States
168 Posts |
I returned to the same bank the next day for two reasons. First, I wanted to give the tellers a few Starbucks gift cards. The main teller thanked me for that gesture, but she politely explained that the bank does let tellers accept gifts from customers.
The second reason was to determine if the tellers also had rolls of smaller-denomination coins in old-fashioned wrappers. The same teller explained that once a week all coin rolls (except for half dollars) cashed by customers are turned over to Loomis, and the bank receives new coin rolls wrapped by that company. A teller at the bank where about 18 months ago I acquired three rolls of silver dimes in old-fashioned wrappers recently told me that bank also now does this.
This means that a coin collection cashed at these banks by a customer almost immediately will be mixed with common coins by Loomis or a similar business and redistributed in "diluted" form. In addition, at two local banks that I regularly visit it is difficult to acquire loose half dollars or customer-wrapped rolls because they recently added coin-counting machines and don't allow a customer to purchase the coin bags.
These developments mean it will be more challenging for CRHs like me to find caches of silver coins at banks.
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Pillar of the Community
United States
618 Posts |
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Pillar of the Community
United States
2910 Posts |
Quote:
I returned to the same bank the next day for two reasons. First, I wanted to give the tellers a few Starbucks gift cards. The main teller thanked me for that gesture, but she politely explained that the bank does let tellers accept gifts from customers. That's the general rule of thumb with all banks... you can give things of nominal value like birthday cards, but anything with tangible value, such as gift cards (or actual physical money) is not allowed inside the branch... that said, if you're friendly with a particular teller, there's nothing stopping you from doing something for them outside of work.
CRH Nickeloholic. 1,600,000 nickels searched in eight years! Have found FOUR complete Jefferson sets!
Edited by John77 06/09/2024 11:03 pm
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Moderator
 United States
56855 Posts |
Doesn't companies like Loomis "filter out" coins before rolling them? Don't they weigh the coins, thereby taking out the silver ones? John1 
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Moderator
 United States
188189 Posts |
Outstanding! 
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Valued Member
 United States
168 Posts |
A CoinStar employee I once spoke to while he was removing the bins containing the coins customers had deposited told me the mechanism in that kiosk separates silver coins and deposits them in a separate receptacle. In addition, the company monitors the face value of those silver coins (weighing them, I suppose) -- so he can't simply pocket them and substitute an identical amount of modern coinage (those wascals!). I don't think Loomis efficiently separates silver coins because on teo occasions I have found 2-3 dozen silver half dollars in a $500 Loomis box I acquired at a local bank -- including a few Walking Liberty half dollars. Several CRHs post videos on YouTube showing them opening professionally-wrapped half dollar rolls and searching for silver coins. A few of them find so many silver half dollars that commentators argue they must own the equipment used to wrap them in that manner and "salt" the rolls to increase their audience. I dunno. Some of them show videos being "skunked", while others claim to acquire rolls from banks that contain "double-ender" Benjamin Franklins. If that is true, they are much luckier than I am. What do you think?
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Valued Member
United States
286 Posts |
Silver halves are still out there. And in my opinion, always will be... You want to know why?
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Moderator
 United States
95517 Posts |
That is quite a silver haul! 
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Pillar of the Community
 United States
6495 Posts |
I must be missing something. Isn't this thread like 18 months old?
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Pillar of the Community
 United States
8744 Posts |
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Moderator
 United States
188189 Posts |
Quote: I must be missing something. Isn't this thread like 18 months old? 
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Pillar of the Community
 United States
6495 Posts |
Now that's a snazzy icon, Jbuck! =)
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Moderator
 United States
188189 Posts |
The zombie apocalypse begins with a plethora of necro-bumped topics. 
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Replies: 22 / Views: 1,460 |
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