Roll Hunting For Silver Coming To An End?

A fellow coin collector has a friend who knows a head honcho in their corporate office. Loomis' corp office is in Houston...we're in the DFW area. Thinking about calling and asking them myself. There is a number listed on their website 713-435-6700.

we need to start a roll hunters' union. but yeah, I think one of us should call for sure. it can't hurt.

deltron, I don't think that loomis does the string/sons boxes.
i have done a lot of loomis in the past, and this may not even be new news, because I've done loomis for about 8 months here and there and gotten nothing. it's more than likely that this policy has been in place for some time now. in this case, we probably have more time before the other companies catch on, but probably no more than year.

I know, but Loomis handles distribution and was not sure if they actually do the rolling with string and son product. I know the bank I deal with gets deliveries done by Garda which has string and son boxes.

Same here SD, for the first time the other day I saw a loomis van driving around. Not one of their delivery trucks though.

Who cares. Look, don't be discouraged guys. A couple months back this guy I know, who is a gas station clerk, had an older fella come in and buy $40.00 in gas with...can you guess? Morgans. The man even told this clerk that 'these are old.' Of course my friend knew that, and kept the dollars. He also had a woman buy a single stick cigarette (when they were still legal in WA) with 4 silver quarters. My point is, silver coins WILL still get into circulation. We just have to be even more vigilant and search even more rolls. These companies may have a large volume of coin coming through their possession, but we have more people. I like the Roll Hunters Union idea. Lets do it.

You also have to factor in us increasing the volume of coins we need to search to yield anything. Banks will become increasingly aware to the fact we are costing them mucho dollars through coin ordering fees. They will not like the fact that we dump sometimes thousands of dollars worth of coinage on them, and will enforce large ordering fees on all customers wanting boxes of coins(like most banks in my area). One can only hope business continues as normal.

russ didn't you get some real insight in my post?

i think that it's very possible that this won't actually be hurting us too much because loomis has probably been pulling the silvers for some time now.

can we thrive with loomis alone pulling silvers? heck yeah. we only have to hope other companies don't follow suit.