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 Replies: 14 / Views: 2,247 |
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Pillar of the Community
United States
1200 Posts |
A question for those CRHers who hunt bags of coins that bank branches collected in their coin counters...
Do you find a higher % of silver coins in those bags than in bank boxes or is it pretty much the same?
My success level with bank boxes of dimes and nickels has been (at best) quite modest and boxes of
quarters and halves have been absolutely dismal. I'm ready to try something different and I'm wondering
if the mixed bags from the coin counter average any better or worse than the boxes.
Thanks for your input.
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New Member
United States
21 Posts |
My main CU doesn't order any boxes so anything you get is out of the counter. I've found halfs out of the bag seem to be hit or miss. Very hit or miss. Example: My first time, $20 worth loose, 4x 1964 4x1967 1x1976-S 1x2003 that seemed to be straight out of someones set. Subsequent next $225, like $50 worth of bi-centenials, no silver.
I dont know if you are interested in wheat pennies, but if it is any consolation, at the same CU my rates are IMO unbelievable, 2-3 a roll (per 50).
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Pillar of the Community
 United States
1200 Posts |
You're right about your Wheat penny % being off the chart. I average around a dozen per bank box. |
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Pillar of the Community
United States
4333 Posts |
If the counter rejects silver, you are out of luck.
Many banks in my town, very few counters, so, that means a surplus of customer-rolled.
I've bought a few bags ($500) of halves from the counter at my CU, first bag 25+ silvers, second 7+, third, zero. Halves bag filled maybe once a year.
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
622 Posts |
Fat Freddy,
I'll start by stating my normal precursor. It depends on your region and how your courier's and banks interact. In my area, brinks rolls their coins from boxes. One week, they didn't have any paper to roll coin so they had to send them out in $1k bags. So they simply gave me the bags that came directly off various banks counters. They didn't even mark out the bank name. I had credit union and bank bags from all over my state. When rolled, they simply pour the bag in to the roller. So you're getting the same either way.
The most important thing to learn is which courier receives the most dumps and which one has a higher likelihood of getting fresh coin. If you have a major CRHer in your area, you need to avoid his dumps. People spend too much time trying to figure out which bank. That's not important. The important thing is to find coin from various couriers and compare your finds based off courier regardless which bank it came from.
OO
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Pillar of the Community
United States
1217 Posts |
I hunt a lot of bags. It averages out most of the time, however, you get a killer bag every now and then. I feel it's a little better than boxes, but not by much. You need to try and be aware of what bank coin hunters are making big dumps at. Talk to your tellers and find out if some collector is dumping dimes by the bag full and don't waste your time with dimes
I have gotten 46 silver dimes from a 1000$ bag, 300 or so wheats from 50$ bag, and dozens of silver halves from bags. Never hit big on quarters, but I only search them infrequently. Have found a few 30's era quarters though
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Pillar of the Community
United States
1200 Posts |
Thanks to all for the responses. I think my biggest problem is that I'm in an area that's overpopulated with retiree CRHers. All the banks around here use either
Brinks or Loomis, so there's little hope of avoiding recycled dumps.
Cbass--The results you mention are unimaginable to me. I average around 12 wheats per $25 bank box of pennies, around 4 silver dimes per $1K in boxed
dimes and I've never found one silver half in over 80 bank boxes. You live in a better area for CRHing than I do.
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Pillar of the Community
United States
5208 Posts |
I haven't found a bank that would sell me the bags off of the counter.
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Pillar of the Community
United States
1217 Posts |
Freddy - those were my big hits. For each of those there are many skunks or bags that are equal to the average found in boxes. I just like the chance to get ALL of someone's dump(or most) since bags are larger amounts than boxes. Plus no time spent unwrapping. I just dump back at the other branches that don't allow me to buy bags.
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Pillar of the Community
United States
950 Posts |
I find fewer silver dimes in bags, but the only silver quarters I have found were from bags.
It all depends.
I find lots of other goodies in those bagss though, so I take as many as I can get.
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Pillar of the Community
United States
4333 Posts |
Many banks will not sell bags to walk-ins, members, or account holders, the fact being that if a bag buyer is shorted, sometimes, the first thing buyer does is return to bank and cry about it.
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
1217 Posts |
fistfulladirt - you are correct. it galls me to know that several of the banks won't sell me bags of halves because some crybabies were looking for silver (and I am sure found it) 3 years ago and then had the nerve to go back to the bank and tell them they were shorted a dollar. It happened - several different branches. unreal.
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Pillar of the Community
967 Posts |
Almost all of the coins I search are from bags. I have three banks where I can get any bag that they have. I don't think that there is much difference in the rates of find than bank boxes. After all, the bags are picked up by the carrier and then sent to be boxed and wrapped. All of the banks that I use only use carriers that have circulated change. No solid boxes of new coins.
Still Lookin
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Pillar of the Community
United States
1770 Posts |
friend of mine who owns his own grocery store has his own coin machine used to sell me all the bags of halves I wanted, but now just as fist said - takes forever to get a bag of halves filled so if I have to wait a yr for it to fill no rush I know I'm going to get it
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Pillar of the Community
United States
950 Posts |
Quote:
friend of mine who owns his own grocery store has his own coin machine used to sell me all the bags of halves I wanted, but now just as fist said - takes forever to get a bag of halves filled so if I have to wait a yr for it to fill no rush I know I'm going to get it
Thats a nice hookup you have there! Do you get the other denominations too? |
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Replies: 14 / Views: 2,247 |
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Posted 08/08/2013 08:25 am
