Customer Wrapped Rolls From The Bank

justcarl, you need to triple the amount of smileys in your post to ensure no one gets the wrong idea.

That's a magnet. Pure nickel Canadian coins are magnetic, like steel and cobalt.



Nope. The problem with cents in dime rolls is rarely one, but the whole roll is cents. An alert teller would notice that the ends of the roll are angled, not square.

Banks typically accept user wrapped rolls. In an attempt to curtail adulterated rolls, they will mark the roll with an account #. As for Brinks, most businesses that I've been affiliated with tend to keep coins for their own change, so I doubt that there is a great deal of coins traveling through Brinks. First, banks want coinage rolled & not many businesses want that hassle. Second, It's costly for businesses to use Brinks, so few do, so there's less of an opportunity for them to get coins

Cheers !

Just out of curiosity is the fed actively removing old silver coins before sending boxes to banks or have they just pretty much all been pillaged by then?

Almost true by me. Only now most banks will take them but send them somewhere for counting and there is a charge for that. Extra charge for opening rolls too. If I bring in a bag of coins, there is a charge if over $100.
I'm starting to wonder when banks will have a charge for entering the front door.

I just started collecting coins and at first I would just get a roll of each denomination. The second time I did this I got 13 silver dimes in that roll. I now buy cases of each denomination, except one dollar and two dollar coins. I haven't found one silver amonst them. I have read on this thread that it may be best not to buy cases, does anyone differ in that opinion? If so how much per bank has worked best?

It may not be the case any longer, but when I started roll hunting, we were ramping up toward the great influx of coins that caused the scarcity of 2009 coins. Most of the time they had already been scraped for wheat pennies and silver. But, I occasionally found (and still find) evidence of a whole dumped collection. Usually an odd number of BU coins from 30 years ago, but once it was a nearly complete set of 1938-1963 Jefferson nickels, with only the silver and most valuable dates picked out... about 4 solid rolls of the same wrapper and not a single coin less than 58 years old.

But, from my experience, you are usually better off going for the boxes, since people almost never handle those directly.

Also, about the pennies in the dime rolls... a cashier at a fast food restaurant once told me that a customer pulled that one over there... only they filed down the pennies to make them fit! Talk about a lot of work for $4.50!