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Replies: 19 / Views: 3,891 |
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Pillar of the Community
United States
979 Posts |
The teller at the bank said they could order halves from the FED res, but that it would most likely be new stuff, not what I'm looking for. Is this true? How should I go about searching halves?
Thanks all!
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Pillar of the Community
United States
1699 Posts |
I would say, they mostly have circulated coins, But they do handle all of the new coins that enter circulation. It may be true that you would get new cents, nickels, dimes, etc., but more than likely you will get circulated halves as they are currently nifc. You will receive circulated halves if you order them.
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Pillar of the Community
 United States
979 Posts |
Awesome! I should have them order some!
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Bedrock of the Community
United States
12437 Posts |
New stuff? Half dollars were last minted for circulation in 2001, that will be as new as it gets. I would have to guess that the teller is unaware of that fact.
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Pillar of the Community
 United States
979 Posts |
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Pillar of the Community
United States
622 Posts |
Broseph, You'll learn that many tellers providing info about crhing are bending the truth. They have experience with CRHers. They don't like ordering/carrying/sorting half dollars. If they can give you a little bit of discouraging news to get you to go to the bank next door...some will do it. I have yet to walk in to bank and the teller say "You're at the right place if you want collectible halves...we've had people order from us that do really well". Now after you establish a relationship with a teller or two, they may give you the real low down. But if a teller goes to volunteering information to a costumer she doesn't know...take it for what it is.
OO
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Pillar of the Community
United States
4333 Posts |
You aren't receiving your coins from the Fed when you order. In most cases, they come from a (local) courier such as Brinks, that does their own rolling and distribution.
When I listen to LED ZEPPELIN...so do my neighbors... Roll hunting since '77 Dirt fishing since '72
Edited by fistfulladirt 07/26/2012 6:53 pm
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New Member
Canada
34 Posts |
Quote: You aren't receiving your coins from the Fed when you order. In most cases, they come from a (local) courier such as Brinks, that does their own rolling and distribution. Most of the time that the employees do the rolling they likely would just pick out the silvers for themselves and exchange them with the wade of dollars they keep on them for those kind of currency exchanges. I am sure that as long as the right count of money is sorted Brinks could care less what coins their employees keep for themselves.
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Pillar of the Community
United States
4333 Posts |
Quote: Most of the time that the employees do the rolling they likely would just pick out the silvers for themselves and exchange them with the wade of dollars they keep on them for those kind of currency exchanges.
I am sure that as long as the right count of money is sorted Brinks could care less what coins their employees keep for themselves The employess don't roll the coin, machines do. Brinks security does indeed care what their employess do and they must follow strict rules at their facility. Until someone here provides proof that Brinks culls silver, the idea is just plain poppycock.
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
United States
713 Posts |
Poppycock? Balderdash? I hope so.
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Pillar of the Community
United States
863 Posts |
Yea the employees pick out the silver for them selves. I buy it from spot from a local banker. he recently got two rols of halves mostly walkers for FV.
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Pillar of the Community
United States
4333 Posts |
Quote: Yea the employees pick out the silver for them selves So you know that as fact? Can you please provide info other than gossip, I've been interested in this subject for a while.
When I listen to LED ZEPPELIN...so do my neighbors... Roll hunting since '77 Dirt fishing since '72
Edited by fistfulladirt 08/01/2012 2:08 pm
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Pillar of the Community
United States
863 Posts |
they dont pick it out of the fed rolls. they do look through the CWR at a bank I go to.
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Pillar of the Community
United States
713 Posts |
The tellers definitely don't all pick through the rolls and coins that come in. Many don't know anything about coins whatsoever. Many are very young or from a foreign country.
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Pillar of the Community
United States
4333 Posts |
Wow the cluelessness abounds here.
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
United States
4333 Posts |
Hope I didn't offend, but from the posting here no one seems to know from where coins are distributed to banks, who the fed is, and they don't seem to realize that Brinks hires highschoolers in the summer to cull silver.
LOL!
When I listen to LED ZEPPELIN...so do my neighbors... Roll hunting since '77 Dirt fishing since '72
Edited by fistfulladirt 08/01/2012 6:04 pm
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Replies: 19 / Views: 3,891 |