Coin shortage and NO SILVER
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Thread: Coin shortage and NO SILVER

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  1. #1
    us
    Feb 2012
    3,283
    3020 times
    Coin roll hunting

    Coin shortage and NO SILVER

    I think we need some insider information as to who is really holding off on coinage, AND are the big processors pulling silver coins from their machines. Anyone out there that has a friend that works in the coin process business, and knows for sure what's going on, please answer.
    The AG pulls are getting fewer & fewer In-between.
    Last edited by Dozer D; Dec 08, 2020 at 01:37 PM.

  2. #2
    Charter Member
    us
    Feb 2008
    Great Lakes State
    dirtfishing
    11,752
    3984 times
    silver surfing
    Honorable Mentions (1)
    Quote Originally Posted by Dozer D View Post
    I think we need some insider information as to who is really holding off on coinage, AND are the big processors pulling silver coins from their machines. Anyone out there that has a friend that works in the coin process business, and knows for sure what's going on, please answer.
    The AG pulls are getting fewer & fewer In-between.
    The same question has been popping up on this forum since I joined over ten years ago. The consensus was that processors are paid to roll coin, and measures set in place to disallow “picking”. There used to be an outfit called Jackson Metals, they processed tons of coin in the Midwest pulling lots of silver. There was also a member or two that worked in rolling facilities but that was a few years back. As far as the coin shortage, with the trend in using plastic and gov shutdowns, I believe bank
    traffic has been in decline, some banks are closing multiple branches.
    WeirderBeatle7 likes this.

  3. #3
    us
    Mar 2015
    Bodymore, Metalland
    Minelab Excal, Safari, Garrett infinium, Whites prizm 4
    956
    1747 times
    All Types Of Treasure Hunting
    Banner Finds (1)
    Nothing showing up here. I'm thinking of closing all these accounts and putting the money into the market with something with a decent dividend. Banking has gone waaaay downhill on convenience and productivity. All i see is sloppily rerolled coins almost like the tellers are now searching and rerolling boxes themselves. SOOO wack.

  4. #4
    Charter Member
    us
    Feb 2008
    Great Lakes State
    dirtfishing
    11,752
    3984 times
    silver surfing
    Honorable Mentions (1)
    Ugh, the market. What fun!

  5. #5
    us
    Aug 2012
    Massachusetts
    Whites, Garrett
    1,447
    1203 times
    Gold Panning, Metal detecting, beach combing, shooting, photography, genealogy, gardening
    I got another 6 rolls of quarters today, bank is finally out of 2020's for now. I have gone through $2,500 in quarters without a single W after my first 8 rolls when I found 8 W's, since then nothing

    BUT

    in the BWR of mixed dates I found my first silver quarter of the year, a 1963D
    Ranger Chuck likes this.
    Ferengi Rules of Acquisition

    #59 "Free advice is seldom cheap"

    #92 "Never confuse wisdom with luck"

    2020 Totals: Halves: 34 40% 13 90%, Dimes: 24, Quarters: 1

    2020 GOAL: 300 silver Currently 72/300

    Boxes searched: Halves boxes 12, bags 1, CWR 0, loose 0 : Dimes boxes 0, bags 1, BWR 5, CWR 6 : Quarters boxes 1, bags 2, CWR 20 BWR 50

    MILES Driven 500

 

 

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