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Thread: Thinking of making a comeback

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  1. #1

    Feb 2008
    321
    4 times

    Thinking of making a comeback

    Hello to all and especially the old timers on the forum.

    I quit crh'ing back when the silver price was north of $40 an ounce...the competition and dumping 8k in halves a week became too big a PITA. IF YOU look at my old posts...you will see it was the glory days in Raleigh NC back in the 2008 period. (My best one day find was over 700 silver halves)

    Anyhow...just curious what the per box find rate is for you these days and if PNC bank bank will stil generally order and /and or accept large quantities of coins for free?

    Good luck to you all and happy hunting!

    Thanks for any information.

  2. #2
    us
    Sep 2011
    The bank
    bare hands
    194
    93 times
    All Types Of Treasure Hunting
    Things are skunkier than ever. Anymore my find rate is 1 half per 3 boxes (it was once 2-3 per box) and I'm going to quit since it just isn't worth it. PNC has no problem ordering 15 boxes for me at a time. Dumping, though, has become a real PITA since they removed their coin machines.
    FormerTeller likes this.

  3. #3
    us
    Feb 2008
    Great Lakes State
    dirtfishing
    10,587
    2439 times
    silver surfing
    Honorable Mentions (1)
    Things were stinky for me and halves as far back as 2011, so I dove into dimes and didn’t do too bad until I became fed up with banks and their fees, and quit in 2014. I’m hitting some Coinstar now, two weeks ago I had a score of over 30 silver quarters including foreign silvers and a Franklin half.
    Johncoho, Argentium and Owassokie like this.
    When I listen to LED ZEPPELIN...so do my neighbors

  4. #4

    Feb 2007
    Southern Arizona
    Whites DFX with a Big Foot coil
    476
    163 times
    Way back in that same time frame finding silver was easy for me too, but now a days many boxes that are skunks in a row is the norm. I still order 2 boxes every week and it has been months since finding any real quanity, if I find 1 40% out of every 4 boxes i think I'm doing well.
    Megalodon likes this.

  5. #5
    us
    Feb 2008
    Great Lakes State
    dirtfishing
    10,587
    2439 times
    silver surfing
    Honorable Mentions (1)
    Maybe what has to happen is that a generation of collectors must pass on before the finds become numerous again. I was part of the great silver melt as a teen back in 1979/80, and then 30 years of stagnant silver prices that followed. I believe millions of leftover coins were dumped following the crash of the manipulated pricing back in ‘80. Then came economic fear in 2008 driving silver prices up once again. As time goes on and collectors age, and metal prices stagnate, collections pass on, and over time get dumped.
    When I listen to LED ZEPPELIN...so do my neighbors

  6. #6

    Feb 2008
    321
    4 times
    Thanks for the replies guys...I remember you fistful from the old days

    I am pretty sure the economics make buying cheaper for me (all in time wise)...but I miss finding and playing with my precious like these...I hafta go look at them in my SDB to reminisce occasionally...lol
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    PetesPockets55 and Megalodon like this.

  7. #7
    us
    May 2018
    Maryland
    White's MXT Tesoro Cibola Tesoro Golden Sabre Plus Garrett ADS Master Hunter 7
    722
    934 times
    All Types Of Treasure Hunting
    I've been getting 5 boxes of halves a week from two different branches and on a very discouraging skunk run. The last three weeks - 15 boxes, have been all unc 94P. I'm doing better picking the occasional silver dime or quarter from a coinstar on my way out of the local safeway.


    Always do right; this will gratify some and astonish the rest.
    - Mark Twain






    Running 2019 CRH: Boxes of halves searched: 43; dimes: 2
    Total skunk boxes: 28 halves, 2 dimes
    90% halves from boxes: 29
    40% halves from boxes: 93
    Silver halves from teller trays: 16 - 40% halves
    Coinstar silver: 3 quarters, 1 dime

 

 

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