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Best Banks For Dumping Halves \ Beginner Tips?

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Valued Member
United States
364 Posts
 Posted 09/08/2010  11:45 am  Show Profile   Bookmark this reply Add TenSense to your friends list
Thanks. So there's no easy, "transparent" way to get rid of the halves?
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 Posted 09/08/2010  11:47 am  Show Profile   Bookmark this reply Add nod2003 to your friends list
Do you regularly spend large quantities of cash for purchases? I suppose you could use them to pay your taxes, but that would not be very frequent. Other then that, bank coin counters are the best way to go.
Valued Member
United States
364 Posts
 Posted 09/08/2010  12:12 pm  Show Profile   Bookmark this reply Add TenSense to your friends list
But how do bank coin counters work? Do the tellers have to eventually go through the coins? I had a bank manager be a real jerk to me once over bringing in some halves and I want to avoid anything close to that again.
Valued Member
United States
53 Posts
 Posted 09/08/2010  12:17 pm  Show Profile   Bookmark this reply Add dsmalouf to your friends list
I have yet to encounter a bank to deny service accepting half dollars in exchange for cash. Although they may not be happy to serve you.

I've dealt with Citibank and Bank of America.

Don't really like either bank, or any bank for that matter but it works.

Good luck. $500/week ought to work well.
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United States
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 Posted 09/08/2010  12:25 pm  Show Profile   Bookmark this reply Add daviscfad to your friends list

Quote:
So there's no easy, "transparent" way to get rid of the halves?


the coin counter is your best bet. maybe you could ask the dump bank if its ok to bring them in. I dont think they can refuse them but you dont want to make enemies either. Coin |Counter is best bet
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 Posted 09/08/2010  12:41 pm  Show Profile   Bookmark this reply Add Tim Stroud to your friends list
I use accounts at several different banks. I will then take them to other towns and dump them, usually at the business tellers window. Deposit them into your account. Don't ask to exchange them for paper money. I have a BB&T branch that I go to to dump and the tellers love it when I bring them in. They know that rolls of halves can contain silver and they will hunt the rolls themselves. Get customer rolled halves anytime you can. I have had my best finds come from them.
Valued Member
United States
364 Posts
 Posted 09/09/2010  08:03 am  Show Profile   Bookmark this reply Add TenSense to your friends list
Thanks for all the help, guys. My bank is ordering a box, but seems to not be sure if there are $500 in halves to a box or $1000.
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 Posted 09/09/2010  08:13 am  Show Profile   Bookmark this reply Add daviscfad to your friends list
500 to a box 1000 to a bag
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 Posted 09/09/2010  08:40 am  Show Profile   Bookmark this reply Add Gothic Florin to your friends list
I use TD Bank to dump. I don't have an account there, and they have never asked me if I do have one. I also pickup boxes of pennies and nickels there sometimes.
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 Posted 09/09/2010  08:56 am  Show Profile   Bookmark this reply Add nod2003 to your friends list
My other tip is to not dump them at the bank you order them from, or even another branch of the same bank. 1, it will be even more likely to irritate the tellers, and 2, you might just end up searching the same coins over and over.
Valued Member
United States
364 Posts
 Posted 09/09/2010  11:15 am  Show Profile   Bookmark this reply Add TenSense to your friends list
Thanks, guys. Anyone know of a bank chain in the Atlanta area (preferably Northside) friendly to this kind of stuff. My main bank is Wachovia where I do all my regular banking, and they are my "pick up" place, but I really need a drop spot.
Valued Member
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297 Posts
 Posted 09/09/2010  4:23 pm  Show Profile   Bookmark this reply Add unnkown95 to your friends list
I only go to wachovia banks for searching, since my parents only have accounts with them. I only check the sides of the rolls for silver, then slide them right back in but you could look for errors, proofs.
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United States
573 Posts
 Posted 09/09/2010  6:15 pm  Show Profile   Bookmark this reply Add StJoeBlues to your friends list
One warning about counting machines - they tend to miss coins sometimes. If you're searching Lincolns and you come up 4 cents short it's no big deal. But if they miss 4 halves you're out 2 bucks. That can add up in a hurry.

I'm actually speaking from experience. I dump my searched cents in a free coin counter at my CU all the time. Once after searching some halves, I dumped $80.00 in the counter. It only counted $79.50. Thankfully I have a good enough relationship with the tellers that they believed me and credited my missing $.50 to my account.
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United States
508 Posts
 Posted 09/09/2010  7:51 pm  Show Profile   Bookmark this reply Add Deltron to your friends list
I use 1 branch to dump my coins, and order from another branch. PNC is my dump bank, and in my area they have about 8-10 locations all within a 20 minute drive. I just switch up which ones I dump off each load at. This way bank #1 will not see me for 8 weeks, as I have bank # 2/3/4/5/6/7/8 to dump at the following weeks.

I always get String & Son boxes, and they have done me good thus far. No super mega boxes yet, but I average at least 1 or 2 pieces of silver per box. Of course you will encounter dry spells, but do not let that demoralize you, keep it up!

One piece of advice, DO NOT SIDE SEARCH! A lot of 40%'s will slip by you! I had 2 40%'s today that I would have never known if I only checked the sides.

Another side note, your $500 will do you well. Imagine trying to offload $2000 of halves every week. Some tellers really don't like seeing me lug in bags of halves.
Edited by Deltron
09/09/2010 7:55 pm
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 Posted 09/09/2010  9:00 pm  Show Profile   Bookmark this reply Add fistfulladirt to your friends list
Coin counters are second best, if you can luck out like I did, I just brought in $500 bags of loose halves and collected my cash. The counter that I normally deal with is free if you have a "minumum" balance in your account. I am discreet and try not to fill too many bags, so that the tellers will have to do the least amount of work possible, if you know what I mean! Machine-counted halves rarely count off, but dimes are never on. Brances of the same bank vary in their reaction to dumping coin (rolls). Searching $500 a week should suit you well until you hit a nice box, then the greed kicks in lol!
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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