BU Roll Help

Thanks- They don't particularly interest me anyway, so I think any rolls like that will just get tossed straight into the coinstar machine.

Was able to get my first boxes from the bank today! Got a nickel and a penny box to start with. Should be fun to do during the football games.

Thanks, yeah, I got my boxes no questions asked. In fact, the teller was probably happy that I knew what I wanted because I was waiting in line for 10 minutes while this woman in front of me didn't have her card ready, didn't have a deposit slip... it's like she mistakenly went to the bank and was surprised to be there.

Breaking them was a lot of fun to. Never searched this kinda quantity before and had a blast. Now I need to find a bank with a coin machine to dump them at. Until now I've been using Coinstar to get Amazon gift cards, but there's only so much I can spend at Amazon =P

I'm going to start looking for a dump bank now. Coinstar doesn't charge a fee if you take the amount of your coins in gift cards instead of cash, so that's when when I searched smaller amounts of coins ($20-50) I'd take it to a machine and just grab an Amazon gift card for the full amount knowing I'd be buying something from there eventually. However that won't work now that I'm searching $100+, so yeah, a dump bank is something I'm going to need. I've never seen a bank with a coin machine in it though so I'll have to do some research on what's local.

When I have extra money I bought as much as 6 to 7 hundred in boxed coins from the bank but usually 25 dollar box of cents every couple of weeks. Kind of got out of the dimes and nickels. I usually buy all the halves I can get but haven't found any silver for a long time.

i am actually finding more now as well. However; IMHO- I don't think its dumped collections though since the price of silver is tanking. its not like anyone was saving silver when it was 40 oz, but now decides to dump it at 20/oz. I think a lot of it is from the ned of the year "cleanout of coin" that many people go through. the coin counters were really busy between thanksgiving and xmas. I just found a big score of silver halves yesterday from the coin counter. it was a big xmas season dump.

Also, a bit of a trick I've figured out if you need to bring your coins back rolled:

NEVER put all of your rejects into a "pile." If you are expecting to keep less than 5 coins per roll that you search, it is much more efficient to swap keepers for junk as you search. When I did nickels, I would keep a small bucket of loose nickels from my pocket change and swap keepers for junk coins:

1. Open roll
2. Pull out keepers; put aside
3. Put equal number of coins back into the roll contents
4. Put coins back into roll (or new roll if you had a plastic tube); put roll to the side

This way you never have to count the nickels. I had a lot of space to work with, so I would put the rejects into "stacks" and roll them all once I had about 20 stacks. The entire process of rolling only took about 10 minutes with this method. If you don't have loose coins for a "swap pile", just get a few extra rolls and break those into your bucket. My tellers never had issues taking back $200 worth of nickels as long as they were all rolled and preferably in boxes.

*Edit*
Also, to your original question, BU rolls seem to realize their potential after about 10 years, when it becomes difficult to find mint-state coins in circulation. BU rolls from the 1970s and 80s go for a nice premium on ebay, and I'm sure that BU rolls from the 90s and 00s will follow suit in time.

The main exception is BU rolls of 2009 coins. All coins of all denominations had incredibly small mintages, and fetch nice premiums today. Of particular note are the 2009 nickels (rarest date since the 1950s) and *unopened* mint rolls of 2009 cents, which are known to have a plethora of errors. The 2009 LP-2 (Young Lincoln sitting on a log) has something on the order of 60 known doubled die varieties, most notably extra thumbs and fingers. These reliably go for 4x face, and can reach 10x face.