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Replies: 28,012 / Views: 2,317,257 |
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Valued Member
United States
364 Posts |
Any of you guys ever get a boxes that have rolls that are short? I have some weird boxes. Some of the rolls are short a coin or two and one is short about six coins. The rolls are wrapped poorly on the ends. However, I have found silver and none are torn, which even the best roll hunters can't avoid.
Do the machines wrap poorly and short rolls sometimes? Do armored carrier employees skim off the top? Not sure what to think or how to handle.
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Pillar of the Community
United States
716 Posts |
Sometimes, Nobis1.
Just eat the loss because trying to correct it will give the teller a lot of trouble and end up losing an ordering bank.
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New Member
United States
4 Posts |
Sooo I began my roll searching today by picking up 9 rolls of halves from a local branch. The teller told me the halves were taken from the coin machine in the lobby. No silvers, but I definitely had fun looking for them. I did find some of the coins were in very good condition and most had some great shine to them, including a 2001, P mint. I looked the coin up in my RedBook and it says it wasnt issued for circulation. Does this mean it was only meant for collectors and proofs? Also, since I'm basically only looking for silver coins in roll searching and I dont have any albums to fill up, would it be wise to just return all the coins back and cash them in to try my luck another day? Thanks for your help.
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Valued Member
United States
364 Posts |
From what I understand, anything past 2000 is NIFC. I came across an '05 and '02 once; didn't save them.
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Pillar of the Community
United States
1547 Posts |
Quote: Do the machines wrap poorly and short rolls sometimes? Do armored carrier employees skim off the top? Not sure what to think or how to handle. Who the heck knows? I've had short Fed rolls before, too. I'm sure we all have.
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Valued Member
United States
84 Posts |
The 2001-D's WERE issued for circulation----for some reason the 2001-P's were not. Anything after that were only issued in mint sets----
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Pillar of the Community
United States
1547 Posts |
Quote:Sooo I began my roll searching today by picking up 9 rolls of halves from a local branch. The teller told me the halves were taken from the coin machine in the lobby. No silvers, but I definitely had fun looking for them. I did find some of the coins were in very good condition and most had some great shine to them, including a 2001, P mint. I looked the coin up in my RedBook and it says it wasnt issued for circulation. Does this mean it was only meant for collectors and proofs? Also, since I'm basically only looking for silver coins in roll searching and I dont have any albums to fill up, would it be wise to just return all the coins back and cash them in to try my luck another day? Thanks for your help. There are proofs and there are business strikes. Proofs aren't issued for circulation. Certain business strikes also aren't issued for circulation. Look in your RedBook to identify the latter. There's some rationale for saving those, most notably the '87s. As you go along, you'll determine whether or not you care to save them. Not all of us save all of them. We save all of our proof finds, though. Some of those, in fact, are minted in 40% silver. All, of course, bear the "S" mint mark. Understand, there, a proof is just a different method of manufacture, which results in a rather glass-like surface, whereas business strikes have what are called "metal flow lines," which impart a different surface. Do a little Internet research, and you'll become familiar with the differences in no time. Aside from those, there are a lot of others that are collectible, basically in the nature of errors or special set coins. That's a piece of it, anyway. Look, good luck!
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Valued Member
United States
497 Posts |
just got a box. not the best.
1966 x 2 1967 x 2 1987 S x1 1981 BU x1 1996 AU/Very close to BU
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Pillar of the Community
United States
1409 Posts |
You got FOUR silvers in a box - you did VERY well. Congrats!
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Pillar of the Community
United States
4113 Posts |
4 box total today: 21
3 @ 90%: a 1920S Walker, 1953P Franklin and a 64D JFK.
18 @ 40%.
That's it for half's for this week.
Edited by chuckster 125 10/01/2010 6:13 pm
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New Member
United States
4 Posts |
I dont understand how people would just toss out an old Walker into some change. I know times are tough, but wow. maybe thats just me though, nevertheless nice find chuckster. I just called around to some banks in my area, found one that the lady told me they probably had 200 rolls just sitting in the vault. hmmm, not sure whether to be excited or weary of that. I guess time will tell.
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Pillar of the Community
United States
2589 Posts |
I can understand tossing a few walkers, if people dont know they are worth more than face than they are glad to get 50 cents for them. It happens all the time, I've found boxes that contained an entire set of Franklins, boxes with commemratives, and boxes with multiple rolls of Walkers. Many people have no idea that a coin can be worth more than the value minted on it so when they inherit them, they just spend them or dump them into coin machines.
-XoG
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Pillar of the Community
United States
757 Posts |
hello all, I'm relatively new to the whole coin collecting business. I've been buying silver eagles for years but that's really the extent of my knowledge.
anyhow, I've recently started going through rolls of half dollars and I didn't have much success--got my first box today (didn't order it, it just happened to be at the bank for some reason) and found absolutely nothing of value in it; however, I did notice that there were sharpie marks on some of the rolls so I'm assuming it was just a dumped box someone already went through?
my question is this: is it even still worth it in 2010 to get your bank to order some boxes of them? thanks.
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Valued Member
United States
497 Posts |
to answer your question oblakav. I say yes. yeilding an average of 2-4 coins a box thats about 8-16$ if there 40% and 14-28$ if their 90%. people are beggining to collect silver because the price is going up and more and more silver is being pulled everyday. in a couple years the chances of finding ANY silver will be very rare. so in a couple years you can make a few bucks or just sit and regret that you didnt roll search for silver. IMO Andrew
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Valued Member
United States
364 Posts |
7 box total is 21 silver.
40% - 19 90% - 2 (both Kennedys)
I also found an 87p and two 85s proofs. That is all for this week.
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Replies: 28,012 / Views: 2,317,257 |