Loomis - Page 2
Welcome guest, is this your first visit?
Member
Discoveries
 
Page 2 of 4 FirstFirst 1234 LastLast
Results 16 to 30 of 55
Like Tree53Likes

Thread: Loomis

« Prev Thread | Next Thread »
  1. #16
    us
    Apr 2011
    1,838
    1322 times
    Search TreasureNet for posts by Liu21. He used to work in a sorting/rolling center, donít remember which one, but it was one of the major three. At his, cherry picking was strictly forbidden, a fireable offense.
    Megalodon likes this.

  2. #17
    Charter Member
    us
    Dec 2008
    St. Augustine, FL
    4,177
    1750 times
    Quote Originally Posted by FormerTeller View Post
    Search TreasureNet for posts by Liu21. He used to work in a sorting/rolling center, don’t remember which one, but it was one of the major three. At his, cherry picking was strictly forbidden, a fireable offense.
    Didn't he also load up certain boxes and mark them as a surprise for whomever received them downstream?

  3. #18

    Sep 2012
    699
    535 times
    All Types Of Treasure Hunting
    Quote Originally Posted by fistfulladirt View Post
    We’re certain that NF String and son sorts, they sell coin rolling machines and wrappers. They have an ePay store in which they sell copper, silver and antique coins.
    Quote Originally Posted by WeirderBeatle7 View Post
    Do you happen to have the username of said feebay seller?
    Quote Originally Posted by fistfulladirt View Post
    Sorry, I’ve posted it several times and don’t remember off hand. It’s out there.
    Pretty sure it is webcoins https://www.ebay.com/str/webcoins

    They sell everything that you might find in the trash bin of counting machines (or in the coin bags):
    - Foreign coins
    - Ikes
    - SBA
    - Tokens
    - Ball Marks (golf green place marks)
    - Fashion tags
    - Guitar picks
    - Charms
    - Painted/novelty coins
    - Paper clips <<<<<<<<<<<<<<<<<< yup, they are selling USED paper clips
    - Micro SD cards
    fistfulladirt likes this.

  4. #19
    us
    Aug 2012
    Massachusetts
    Whites, Garrett
    1,360
    1073 times
    Gold Panning, Metal detecting, beach combing, shooting, photography, genealogy, gardening
    I looked mostly overpriced...
    fistfulladirt likes this.
    Ferengi Rules of Acquisition

    #59 "Free advice is seldom cheap"

    #92 "Never confuse wisdom with luck"

    2019 Totals: Halves: 6 40% 4 90%, Dimes: 23, Quarters: 0

    2019 GOAL: 300 silver Currently 33/300

    Boxes searched: Halves boxes 8, bags 0, CWR 0, loose 0 : Dimes boxes 0, bags 1, BWR 0, CWR 0 : Quarters boxes 1, bags 2, CWR 0

    MILES Driven 125

  5. #20

    Dec 2017
    4
    5 times
    All Types Of Treasure Hunting
    Quote Originally Posted by LooseChange View Post
    Pretty sure it is webcoins https://www.ebay.com/str/webcoins

    They sell everything that you might find in the trash bin of counting machines (or in the coin bags):
    - Foreign coins
    - Ikes
    - SBA
    - Tokens
    - Ball Marks (golf green place marks)
    - Fashion tags
    - Guitar picks
    - Charms
    - Painted/novelty coins
    - Paper clips <<<<<<<<<<<<<<<<<< yup, they are selling USED paper clips
    - Micro SD cards
    I found this guy a couple months back and got pretty excited. I saw he was doing something I was crunching numbers for a year ago; sorting large volumes of coin with a commercial coin sorter. He has bulk penny lots listed which is what originally peaked my curiosity. Looking further into his listings I came the the conclusion that he was sorting every denomination and was doing it on a large scale. I personally have found less that a half dozen screwdriver bits in the 50+ bags of coins I’ve searched this year and he sells 3lb lots of mixed bits every couple days!
    fistfulladirt likes this.

  6. #21
    us
    Mar 2015
    Bodymore, Metalland
    Minelab Excal, Safari, Garrett infinium, Whites prizm 4
    822
    1506 times
    All Types Of Treasure Hunting
    Banner Finds (1)
    I've never seen a Loomis silver half but I occasionally still look. I'll keep you posted but don't hold your breath. I assume they got the machines tuned up. No way a couple rogue guys could snipe on that immense level.
    fistfulladirt likes this.

  7. #22

    Sep 2012
    699
    535 times
    All Types Of Treasure Hunting
    Quote Originally Posted by WeirderBeatle7 View Post
    I found this guy a couple months back and got pretty excited. I saw he was doing something I was crunching numbers for a year ago; sorting large volumes of coin with a commercial coin sorter. He has bulk penny lots listed which is what originally peaked my curiosity. Looking further into his listings I came the the conclusion that he was sorting every denomination and was doing it on a large scale. I personally have found less that a half dozen screwdriver bits in the 50+ bags of coins I’ve searched this year and he sells 3lb lots of mixed bits every couple days!
    If your curiosity is peaked by machine sorted cents, have you seen the Ryedale and home-made knock-offs?

    http://www.pennysorter.com/
    Coin sorters - More Pics Added 6/26/11
    https://abcnews.go.com/Business/laws...2#.UVHBa7-aBmA
    Maybe we are approaching this the wrong way.... (Ryedales)
    fistfulladirt likes this.

  8. #23
    us
    Aug 2009
    White's MXT
    2,251
    28 times
    It's been a long long time since I've posted on this forum. I used to complain about the word getting out about the hobby and that being the ending of it. With this forum along with Youtubers, it's not a secret anymore. I get the entertainment value part but at the same time, the word spreads and someone with big money will try to squeeze out the little guy. People used to wonder if the coin sorting companies sorted out silver. Well the answer is a partial yes from the poster Liu21. With the advent of newer coin sorting machines that not only count but sort out non-matching coins, it's a matter of time before that replaces the other older machines. With the mention of Loomis sorting out coins, that's probably gonna be the new wave. This hobby will eventually die out for finding silver. You can still do it for errors, rare dates, and rare collectibles put out by the mint but silver days will eventually be a question of is it worth your time? Only option will be to ask the tellers for their coins before it gets sent off. The hobby won't be so fun anymore.

    I actually moved from NorCal to SoCal a few years back. I started to CRH as a hobby again last year after taking a few years off from it. What is interesting is that I think that's what is happening here now with boxes of commonly used coins. I was trying to find enough war nickels to fill a whole roll (I don't have huge aspirations for this as it takes longer to go through a nickel box than a halves box). I recall the rates being different and used to get on average one war nickel per 1-2 boxes with occasional Buffalo Nickels mixed in years ago. I've been on skunk streak with the war nickels. Yes, I do find the Buffalo Nickels (common dates and no-dated) but the war nickels have disappeared. Additionally, any foreign coin found was of 75% copper and 25% nickel composition. These boxes all have a stamp on them "Brinks Los Angeles Coin" and the name of the person who inspected the box supposedly stamped on them. I know from experience that these are very skunkish and most likely sorted with new machines. It was notable that the only good box that I got that had 2 war nickels in there had a "mechanical" word stamped on it. That was rare. It lead to me to conclude that these coin sorting facilities are using new machines that sort out not only the foreign unwanted coins but the silver too. I'm guessing that the only reason why that one box had war nickels was because the new sorting machine must have gone out of service briefly and they had to use a "mechanical" older version they had as a backup. I had a bad feeling this was going to ruin this hobby eventually.

    After seeing that ebay user's website, I noticed all those items being sold are ones you'd find in non-sorted boxes. I have found my share of guitar picks and British Pences throughout the years. It's oddly noticeable that he sells rolls of all sorts of coins but not Buffalo Nickels. Lol. Buffalo Nickels are probably the only types of old collectible coins from common denominations that can't be sorted out by newer machines. But then again who wants to CRH for common date Buffalos and worthless no-date Buffalos. You can still CRH for pennies though. Hopefully, not every facility starts this. As for halves, I have found silver for non-stamped boxes after going through streaks of 18 and 15 skunks. I didn't have pronounced skunk streaks of this magnitude back in the day. Stamped boxes with what I mentioned above are extremely skunkish. As Liu21 stated, it really depends on the sorting facility who is doing this. I would say to only send your dumps to banks serviced by those facilities. I noticed branches from completely different bank companies will both have nickel boxes with the same stamp on them which in my opinion, was that they were both serviced by the same coin sorting company. This was drastically different than I was up north in the SF Bay Area. I noticed back then, the wrappers were different if the coins came from a Brinks, Loomis, or Dunbar facility. After for example, Brinks dimes boxes were skunkish, I would get coins from a Dunbar serviced bank and there were better. BTW, I think Brinks eventually bought up Dunbar. I never had issues with Loomis boxes back then. Off course, this could be a new thing Loomis got into after the word of CRHing going viral.

    I'm guessing that area in Pennsylvania where the seller sorts must be very dry for silver. If any CRHer in that area can confirm, that would be nice. If these new sorting machines come to dominate coin sorting facilities, that would the end of CRHing nickels and dimes. People can still CRH pennies and quarters. Quarters for those W minted coins only. Unless the mint decides to pump new rarities into circulation, CRHing will go by the way side due to the big companies like Loomis squeezing out the little guy. I really don't do this hobby too much anymore as it's turned into a question of whether it's worth the time and gas to do this. I was only trying to fill a roll of war nickels through CRHing which back in the day should've been easy.

    IMO, big sorting companies shouldn't do this to squeeze out CRHers. CRHers do provide a source of revenue for these companies because they charge banks to process coins. CRHers get coins from the bank and send them back to be sorted, recounted, and wrapped again. Sorting companies make money from this.

    It's been a long time for me but those are just my thoughts on this.
    Last edited by SFBayArea; Jan 09, 2020 at 07:23 PM.
    Megalodon likes this.

  9. #24
    us
    Feb 2008
    Great Lakes State
    dirtfishing
    10,938
    2884 times
    silver surfing
    Honorable Mentions (1)
    Been a long lonely lonely lonely lonely lonely......time. Welcome back.

  10. #25
    us
    Jun 2014
    The 2nd State
    766
    990 times
    Coin Roll Hunting
    Hope this isn't the nail in the coffin, but I found the below info regarding "webcoins"

    Webcoins - PennsylvaniaCorps ? Company Profiles of Pennsylvania

    If you notice, they are incorporated, operate out of Harrisburg, and appear to be a subsidiary of N.F. String and Son, the notorious coin processing company.

    Here is the Liu21 thread if anyone is interested:
    Sort Coin Facilty
    Last edited by Avago; Jan 09, 2020 at 08:24 PM.
    Megalodon likes this.
    2019 CRH Total

    $291,495 halves
    ---574 boxes---$3940 CWR---$220 MWR---$335 loose
    ---90% - 209------90% - 64------90% - 0-----90% - 3-----> 276
    ---40% - 912-----40% - 76------40% - 8------40% - 13----> 1009
    Ken-1182---Ben-52---WL-50---Barb-1---Total ---> 1285 Silvers/257.18 oz.

    "The only way to deal with an unfree world is to become so absolutely free that your very existence is an act of rebellion." -Camus

  11. #26
    us
    Aug 2009
    White's MXT
    2,251
    28 times
    Quote Originally Posted by Avago View Post
    Hope this isn't the nail in the coffin, but I found the below info regarding "webcoins"

    Webcoins - PennsylvaniaCorps ? Company Profiles of Pennsylvania

    If you notice, they are incorporated, operate out of Harrisburg, and appear to be a subsidiary of N.F. String and Son, the notorious coin processing company.
    What's interesting is that back in the day during the recession days, I didn't mind getting those NF String and Son boxes. I recall those ones were better than the Brinks ones. Ahh the recession years were probably the golden years of CRHing. I really don't see NF String and Son rolls in boxes down where I am now.

    Anyone have any thoughts countering this trend if major sorting facilities start doing this? I just think they'll lose revenue if CRHers die out. But then again, I'm sure it's a cost analysis for them. They probably spent a bunch of money to upgrade those new sorting machines and now they want their money back. Not every facility has been upgraded to new machines yet.

    The hobby isn't going to completely die out. It's just a factor of is it worth your time and gas to do this. The mint should introduce more limited mintage coins into circulation like the W-minted quarters. Although I have not CRHed quarters.
    Last edited by SFBayArea; Jan 09, 2020 at 08:08 PM.
    Megalodon likes this.

  12. #27
    us
    Aug 2012
    Massachusetts
    Whites, Garrett
    1,360
    1073 times
    Gold Panning, Metal detecting, beach combing, shooting, photography, genealogy, gardening
    What I like to do is go through coin counter bags before they are sent to the sorting facilities. I have 2 banks that will sell me whatever bags they fill up. The halves are filling slowly but they will hold the bag for me.

    I always wonder if it is worth it espeically where I am doing more photography www.jeffpadellphotography.com
    Megalodon likes this.
    Ferengi Rules of Acquisition

    #59 "Free advice is seldom cheap"

    #92 "Never confuse wisdom with luck"

    2019 Totals: Halves: 6 40% 4 90%, Dimes: 23, Quarters: 0

    2019 GOAL: 300 silver Currently 33/300

    Boxes searched: Halves boxes 8, bags 0, CWR 0, loose 0 : Dimes boxes 0, bags 1, BWR 0, CWR 0 : Quarters boxes 1, bags 2, CWR 0

    MILES Driven 125

  13. #28
    us
    Aug 2009
    White's MXT
    2,251
    28 times
    Apparently a lot of new coin sorters have a new technologies to sort out foreign coins so I suppose this means silver too. It's a matter of time before the old machines get replaced by these when they break down. The only way these new machines get replaced by older style machines again is if the government changes the composition of U.S. coins again which will set the internal wirings of these out of order. Write your congressman to change the composition of U.S. coins again.



    Last edited by SFBayArea; Jan 10, 2020 at 06:09 AM.

  14. #29
    us
    Aug 2009
    White's MXT
    2,251
    28 times
    Apparently this machine tells you how many copper pennies and how many zincolns you have. The machine is internally wired to accept those two types of pennies. Notice how it has two different counts for pennies. It ended up rejecting a wheat cent. I recall there were some wheats that varied differently on composition due to tin mixed in.

    Last edited by SFBayArea; Jan 10, 2020 at 06:31 AM.

  15. #30
    us
    Aug 2012
    Massachusetts
    Whites, Garrett
    1,360
    1073 times
    Gold Panning, Metal detecting, beach combing, shooting, photography, genealogy, gardening
    Quote Originally Posted by Tommybuckets View Post
    I've never seen a Loomis silver half but I occasionally still look. I'll keep you posted but don't hold your breath. I assume they got the machines tuned up. No way a couple rogue guys could snipe on that immense level.
    My two banks use Loomis and in 2019 I found 82 40% and 30 90% although I lost 3 months while I was in the hospital and also recuperating (Sep, Oct, Nov) in Dec found 3 90% and 6 40% all Loomis.
    Ferengi Rules of Acquisition

    #59 "Free advice is seldom cheap"

    #92 "Never confuse wisdom with luck"

    2019 Totals: Halves: 6 40% 4 90%, Dimes: 23, Quarters: 0

    2019 GOAL: 300 silver Currently 33/300

    Boxes searched: Halves boxes 8, bags 0, CWR 0, loose 0 : Dimes boxes 0, bags 1, BWR 0, CWR 0 : Quarters boxes 1, bags 2, CWR 0

    MILES Driven 125

 

 
Page 2 of 4 FirstFirst 1234 LastLast

Sponsored Links

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Similar Threads

  1. Great Loomis Box
    By CW3(RET) USARMY in forum Coin Roll Hunting
    Replies: 6
    Last Post: Jul 19, 2013, 08:29 PM
  2. Loomis or Brinks or other
    By Okie115 in forum Coin Roll Hunting
    Replies: 6
    Last Post: Aug 25, 2012, 12:28 AM
  3. Loomis vs. Brinks
    By silvernickles in forum Coin Roll Hunting
    Replies: 5
    Last Post: Aug 31, 2010, 06:11 PM
  4. SO I went to Loomis
    By kd5txx in forum Coin Roll Hunting
    Replies: 18
    Last Post: Jun 30, 2010, 06:27 PM
  5. Loomis,Loomis,Loomis
    By coolpix9 in forum Coin Roll Hunting
    Replies: 3
    Last Post: Mar 28, 2008, 01:01 PM
Powered by vBadvanced CMPS v4.3.0