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Replies: 23 / Views: 18,447 |
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Pillar of the Community
United States
6130 Posts |
Some good advice here, but truthfully I've never had any real issues with tellers. My usual bank had a few tellers who were indifferent to my requests for whole boxes, one who would roll her eyes when I came in, and one who enthusiastically asked what I found in the last box and wanted to see anything especially cool or old. Also, as far as the CWR versus machine-wrapped, it's really a coin toss. CWR are significantly more likely to contain nothing of interest, but are also your best bet for dumped collections and foreign coins that machines would separate out. One of the last times I searched CWR nickels, I found an entire dumped collection of about 120 coins from 1938-1959. A customer also unwittingly brought in an entire roll of Buffalo nickels to my old bank, which one of the tellers saved for me. On the other hand, machine-wrapped coins come directly from large coinstar dumps and are almost never handled by humans directly. They tend to be consistent, meaning that they almost never contain dumped collections, but are more likely to contain coins that most people would notice and save, like Buffalo nickels and IHCs. When I was searching nickels, about 90% of the Brinks boxes I searched had at least one Buffalo nickel and one War Nickel.
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Pillar of the Community
United States
1053 Posts |
Quote: There are no true "mistakes." IMHO, there are plenty of "mistakes" to be made.
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Valued Member
United States
186 Posts |
wheatchaser - very well said
Normic - too bad Canada has to destroy the fundamentals of coin collectors. looking through ones pocket change - in years to come they might regret doing it with no new collectors looking any more.. I hope it never happens here in the US
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Pillar of the Community
Canada
2805 Posts |
Quote: Normic - too bad Canada has to destroy the fundamentals of coin collectors. looking through ones pocket change - in years to come they might regret doing it with no new collectors looking any more.. I hope it never happens here in the US I can't see how we'd regret it. We are saving millions of dollars.
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Pillar of the Community
 United States
2368 Posts |
Here we go again! Remember the what if the penny was discontinued topic? Good times... 
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Moderator
 United States
189473 Posts |
Quote: I can't see how we'd regret it. We are saving millions of dollars. I agree. The government is doing its job, the People of Canada should come before the coin collectors of Canada. 
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New Member
United States
45 Posts |
As a coin guy who takes tens of thousands to the bank per month in coin, I can offer some tips to CRHers or bag hunters which may be of assistance.
1. It cannot be said enough. Be nice to the tellers and staff, especially the Head Teller and Manager if at all possible. Having good relationships go a long way. 2. When using a coin machine, try to go early in the morning or later before close, so you are more likely to not be interrupted by other customers. If they do show up, work in between them and play nice. 3. Try to determine whether its most efficient for you to return coin rolled, loose, in bags, etc. This can save you a lot of time when trying to dump or deposit. 4. The multiple bank strategy is nearly a must when getting coin and re-depositing.
5. When looking for banks, try to ask the manager whether they handle the local parking authority as a client. This is a huge indicator that they are extremely coin-man friendly! Three of the four banks I have now have the local parking authority as a major client. I smiled bigger when the manager told me this.
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New Member
United States
2 Posts |
Hi, I am very new at coin hunting and I greatly appreciate all of the comments and information that has been shared here. I just visited my first bank Wednesday for rolled coins. I asked for 10 rolls of pennies and 3 rolls of nickels thinking that wasn't too many. The teller appeared to want to know so I offered the info that I was coin hunting, he smiled and was very helpful. Anyhow, my first roll hunt brought me 3 buffalos and 2 Queen Elizabeth one cents. Neither are old or of much value but it was exciting to find those in rolls. Again, thanks for the advice!! 
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Pillar of the Community
United Kingdom
837 Posts |
Quote: 5. When looking for banks, try to ask the manager whether they handle the local parking authority as a client. This is a huge indicator that they are extremely coin-man friendly! That is an excellent point !  In addition people tend to use interesting coins to pay for parking so getting coins from such banks can be interesting 
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Valued Member
United States
214 Posts |
There aren't enough words to describe how important it is to be nice to the tellers. My current bank hires 24 year olds and they always love to see a teenager walk in that doesn't want to withdraw all of his money.
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Pillar of the Community
 United States
2368 Posts |
Oh man. Blast from the past! 
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Valued Member
Canada
202 Posts |
When I'm going through penny rolls (being nice to a head teller brings dividends!), I take what I want and dump the rest at a different branch with a coin counter. Realistically, I shouldn't see these pennies again since Canada discontinued them, and each new bunch I get from the teller should be new rolls brought in from customers. But if I'm doing nickels, dimes and quarters, I'm usually pulling only a few out of each roll, so I top the rolls back to full with others I don't want from a supply, mark the rolls so I know which ones I've gone through, and then just take them back to the original branch (who knows what I'm doing), and exchange them for more unsearched rolls. This way I am not depleting their stock of coins for other customers (except in the original purchase), and they are then happy to give more unsearched ones. When the head teller eventually says that all she has left is my marked ones, I go to another bank for a few weeks until all my old rolls at the first bank have been passed out, and the teller has ordered in more, or collected enough loose change from others and made her own. I have about four "exchange" banks nearby, so I could even make a couple trades per day, once per bank of course.. It took about 5 months, but I turned 40 rolls of Canadian dimes into 40 rolls of American this way..
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New Member
United States
1 Posts |
Just searched for the first time today. I went to my local bank just to ask if they had any fees on depositing the coin back in. I mentioned that I would be interested in getting a box of halves,and the vault attendant told me that she had a box of halves on hand. I searched the entire box today while at work, and there were only three coins of minor significance, and only 1 single coin that was pre-1970!! a barely noticeably off-center 1971, a really shiny 2011, and a 1967. these were all machine rolled. Needless to say it was disappointing.
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Pillar of the Community
United States
4333 Posts |
Quote: Just searched for the first time today. I went to my local bank just to ask if they had any fees on depositing the coin back in. I mentioned that I would be interested in getting a box of halves,and the vault attendant told me that she had a box of halves on hand. I searched the entire box today while at work, and there were only three coins of minor significance, and only 1 single coin that was pre-1970!! a barely noticeably off-center 1971, a really shiny 2011, and a 1967. these were all machine rolled. Needless to say it was disappointing. One 1967 out of $500 worth of halves might be better than average for most. I roll hunted steadily since 2008, and finds for the last three years had been dismal, (halves). My dime finds never dropped below 1 silver per $150. Hit up 20-30 boxes of halves for a better account of averages.
When I listen to LED ZEPPELIN...so do my neighbors... Roll hunting since '77 Dirt fishing since '72
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Pillar of the Community
Canada
1747 Posts |
The 67 is a 40% silver isn't it?
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Replies: 23 / Views: 18,447 |
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