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Replies: 56 / Views: 11,897 |
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Valued Member
 United States
137 Posts |
I was surprised at the Ike. They have 250 more today. I'm going back. I ordered bags of halves twice, and got no silver, so I never went back. I figured that the machines downtown must capture the silver before the coins are rolled.
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Moderator
 United States
189142 Posts |
Quote: ... but one silver 1971 Ike... That's a hoot That is more than a hoot! 
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Valued Member
 United States
137 Posts |
Thanks.
This is the second silver Ike I have pulled out of bank bags. I have learned to accept with gratitude EVERYTHING that a teller offers me. Five clad Kennedy's? Thanks. One old tattered silver certificate? Thanks. 400 Ikes to dig through? Thanks.
I just take it all... so that they never get rejected, and it keeps me high up in their memory. They save stuff for me that other people want.
It's about time for more cookies for my credit union, I think.
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Moderator
 United States
189142 Posts |
Quote: 400 Ikes to dig through? Thanks. 
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Pillar of the Community
United States
530 Posts |
absolutely, take everything, you dont want to make it to confusing. One of my pick up banks, has twice told me excitedly "someone brought in 500$ in halves we saved it for you", I happily accepted, and proceeded to redump. Take it all.
Also I reccomend sticking with gift cards, or "sealed" foods. Dont bring in homemade stuff to tellers, because you never know who is scratching their butt and rolling the meatballs if you know what I mean......lol........
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Pillar of the Community
United States
4333 Posts |
Quote: I've also had mixed results from buying coincounter bags. 1 was under by $30 and the bank refused to compensate me for the loss and stopped selling bags after the incident. The other was over by about $30. Both had very little silver and so I went back to boxes. That is why many banks now refuse to sell bags to roll hunters. Verify that the bag count is good before you buy. Don't complain later that the bag is short. Did you compensate the bank for the other bag that was over?
When I listen to LED ZEPPELIN...so do my neighbors... Roll hunting since '77 Dirt fishing since '72
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Valued Member
 United States
137 Posts |
Two searches: 500 ikes... found nothing $500 in halves; two 40% Kennedy halves batting cage token car wash token 50 cents Bermuda 1970
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Valued Member
494 Posts |
Bilbo - do you find that the bags are disgustingly horrible with black nasty horrible stuff? ... and hair!? oh the hair!!
Hope it was dog hair....
... I did get 3 40%ers from it though, so I guess the hair was worth it.
I find that if you are a member/visit the bank a lot, so they are familiar with your face/friendly demeanor THAN ask about the bags - they'll be happy to sell to you! Just can't pop in day one and say Surprise... wanna buy your bags (unless the conversation and vibe are good enough and go in that direction)
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Pillar of the Community
United States
530 Posts |
I think all banks have bags available to order through the fed, and ikes are available. The first problem in getting them is the vault teller doesn't have it available on their banks spec sheet. Chase for example has their own order sheet set up by the regional manager, it doesn't include bags, or ikes. Problem #2 lets us chase again, when they call to order coin/currency, the system is automated, and the choice for these options is not available. Problem #3 is your teller says, they order from the fed, but do they actually call the fed to order?Are they calling their chains coin/currency line, and is brinks/garda really driving to the fed every morning to pick up coins, probually not, they are packed at the local warehouse.
Some guys are getting bags, simply because their bank/cu has some at a main location, or coin machines in their branches. The only banks around here that have coin machines they dont seperate the denomanation, the machine has one large bin and all coin falls into it. Guess that would be good for dumping, no bag changes.
Iv got a bank in a grocery store, the head teller is really cool, he always orders halves to have on hand for crhunters, and always asks how many boxes you want to order. I dont order from them though they are usually skunks, and he said he has ordered for another guy 6 boxes for 2 monthes and he found nothing, I just hit them up, when I need an extra fix. The strange thing about this branch is they are a garda bank, but when he orders halves, brinks shows up to deliver them? I asked him about Ikes, and he said the option is just not there when he orders, its automated. I want to try and push him to maybe hit zero, and get someone live on the horn, and attenpt to order that way. I also want to try and have him ask them to get me half bags. I dont need them rolled, the question though is if he can successfully get the bag of halves ordered will brinks/ garda bring a coin loc turned in locally or something else? I know I dump into brinks, and my dump banks send 10 bags back to brinks a week in bags 1000$ each, dont want my own bag back. So my thought is if I can crack into the bags, will it be a different supply or not?
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Valued Member
 United States
137 Posts |
I do not order bags or boxes, so I can't speak to that much. I did so in the past - boxes of halves - but got skunked twice. I figured that the silver - and the junk - is getting picked out by machines downtown. Plus, this adds work to the branch, and I don't want to create work for them.
I have never ordered Ikes from downtown, and the only reason I got some from the branch is that someone dropped some off as a deposit, and the tellers kept them for me.
For those reasons, I stick to buying what the branch has, usually bags of coins off the machines behind the tellers.
Yes, my bags can get pretty gross, but I have never found much hair. I have picked up a few false fingernails, and some fingernail clippings (yuck) but never horrible black awful stuff.
I agree that relationships with the staff are a key. On the other hand, I stopped by a branch is a small town at the Oregon coast, and they were just as nice as could be, and they pulled a partial bag of dimes off the machine for me - a couple of hundred dollars' worth - and sold it to me. keys to successful bank relationships seem to me to be:
"be nice" "have a relationship with the branch employees - and with their manager" and "don't create work for the staff... at least not much," and "never redeposit at the same bank where you bought coins (because that creates work.)
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Valued Member
 United States
137 Posts |
Other keys:
Never redeposit at the same bank where you bought coins (because that creates work.)
If they offer you something that they think is special (like an Ike, or a two dollar bill) always take it and say thank you.
Chocolate and coffee work wonders
And for me, at least:
Don't bother with quarters. Dimes, halves, pennies, nickels, all can produce, but quarters are a waste of time.
And always remember, these aren't your employees, and they don't work for the government. They don't owe you anything, and there is no "right" for you to require them to do work for them. Act like they are going out of their way to be nice to you, because they are.
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Valued Member
 United States
137 Posts |
Partial bag of dimes - $432. Results: One 1964 dime. Better than being skunked.
I've done more than a dozen bags of dimes (at face $500 per bag.) and averaged about 2.2 silver dimes per bag. Assume that that's a representative sample (although I know that it is not.) Just for fun, I estimated how much silver is in circulation, in dimes. Drum roll: Around 1.6 million ounces of silver.
Somebody else take a run at this math. Make some assumptions about clad dimes lost from circulation either because dimes are lost, or because they have been melted as mutilated. See what you come up with.
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Valued Member
 United States
137 Posts |
Local bank will no longer sell me partial bags off the machine. I have to wait until the bag is full. Finding less and less silver in circulation, or in bags, but still looking, still enjoying the chase. Recently picked up four proof coins in circulation, including one nice frosted Kennedy half. But of course, meaningless at this point. Still, I toss them in a drawer... keep them. On another thread I mentioned that I didn't know what to do with eight or ten rolls of steel cents that a cousin dug up. Each roll is rusted into one solid mass. I think I will gently pry apart, and spend. But would be an interesting display at a coin show. "Why not to bury your treasure." 100% of local bank staff at my Wells Fargo branch have changed in the past 90 days... so I need to start building new relationships. Darn.
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Valued Member
 United States
137 Posts |
One bank has agreed to save their "bypass" or junk that doesn't go down into the bags on their machine. Here's what I got today:
Mexico 36 ps current issue Old Italy 500 Lira 1995 two USA nickels, both slightly mangled one washer one car wash vacuum token one small key Canada $2.16 in seventeen coins one small Thailand coin, probably a "penny"
Anyway, not bad for nothing.
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Valued Member
 United States
137 Posts |
Latest batch from the "reject tray" on my bank's machine o five 1 peso Mexico current vintage o three 2 peso Mexico o one 10 peso Mexico o three Canadian dimes, no silver o one Euro 2 cent piece o one token good for a free latte' - don't recognize the name o one Czech Republic 1 cent coin o three mangled dimes o one mangled nickel (tap it to make a ring) o one mangled quarter (tap it to make a ring) All for free. As always, anything Mexico goes to an orphanage that we like. Not long ago I bagged up all of the "odds and ends, non coin stuff" and sold it on ebay, 25 coins to a bag. Car wash, angel tokens, AA pocket pieces, flattened pennies, old store tokens, golf ball markers, commemorative medallions, dog licenses, etc.
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Replies: 56 / Views: 11,897 |