When you least expect it,
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Thread: When you least expect it,

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  1. #1
    us
    Dec 2006
    1,892
    64 times

    When you least expect it,

    ......expect it.

    Picked up a Fed box of halves today, I had ordered, from a local bank. On my way home, stopped at another local bank, and bought what they had in the coin counter bag for halves.

    The Fed box proved uneventful. I don't save NIFCs like I used to (there were about a dozen), there were no pre '71 halves, but I did pick up a 2018-D I didn't have yet.

    On to the coin counter bag from the other bank.

    They said there was $26 in it and they didn't mind that I didn't have an account.

    So should I have been upset that there was only 51 halves in there (not 52)...and a key ?

    First of all, no, for that's the inherent risk we take in this hobby. Think of it as the cost of doing business.

    ............and the other reason I wasn't upset was that of the 51 halves in the bag, 40 were 40%ers. ('65 x 3, '66 x 3, '67 x 10, '68-D x 20 and '69-D x 4).

    So, an unheard of 78% success rate and almost 6ozs of Ag.

    So, when you least expect it........
    "You can't win if you don't play"

    "Behind every dark cloud is a silver lining"

    "If you're prone to motion sickness, this "roller coaster" hobby may not be for you "

  2. #2
    us
    Poet—Traveler—Soldier of Fortune

    Mar 2012
    Pennsy
    2,229
    1708 times
    All Types Of Treasure Hunting
    Nice score!
    thurmownator likes this.
    And as things fell apart
    Nobody paid much attention

  3. #3
    us
    Feb 2007
    Northern Arizona
    Whites DFX with a Big Foot coil Gold Bug 2
    550
    241 times
    Great post, you did well in picking up that bag.
    thurmownator likes this.

  4. #4
    us
    Apr 2011
    1,878
    1353 times
    Nice bag. I wouldn?t be surprised if the tellers cherry picked the 90% halves, not realizing they made 40% too.
    thurmownator likes this.

  5. #5
    us
    Oct 2009
    Massachusetts
    Deus XP
    137
    372 times
    Metal Detecting
    Quote Originally Posted by FormerTeller View Post
    Nice bag. I wouldn?t be surprised if the tellers cherry picked the 90% halves, not realizing they made 40% too.
    I think there are a LOT of people who don't even know that silver coins were minted, and of those that do, a very small percentage (5% maybe) are aware of the 40% silver Kennedys.

    One would think that bank tellers would be a more cognizant of silver coins than the general population, but I haven't seen it to any extent.

    Maybe it's because one typically doesn't witness the tellers poaching when they do it, but it just seems that tellers at the banks I use don't bother searching coins.

    I enlightened a teller recently about the "W" quarters. Until recently, the bank was open by appointment only and the tellers had a substantial amount of dead time. You'd think they'd be on the lookout for West Point quarters or any other interesting coins in their drawer -- you would be wrong.

    One other data point. A couple of months ago, a different teller asked if I wanted any $2 bills because someone had brought in a bunch (over 50) of them. She knows I'm interested in 'odd denominations' like Ike dollars and halves (and $2 bills). I said it take 20 of them and I noticed there were several red seal United States Notes in the batch, so I grabbed all of those. They were well-worn, so not worth anything more than face value, but they're unusual enough so that if any tellers were looking to line their pockets, they probably would have taken them.

    BTW, I don't believe my bank has any policy forbidding the tellers from 'buying' coins / bills that they handle. I believe I've read that some banks do prohibit that behavior -- that would be good to know.
    thurmownator likes this.

  6. #6
    us
    Treasure hunter

    Jun 2008
    Northern Alabama
    Whites
    5,067
    3342 times
    Metal Detecting
    You did well!
    thurmownator likes this.

  7. #7
    us
    Oct 2011
    58
    59 times
    coin roll hunting
    No surprise if Tellers picked the 90% and left 40%'s. A few years ago, I bought out a rural bank's stash of halves, $130 worth. The tellers kept on saying to me, "the family took all the good stuff (i.e. the 90%'s), you're wasting your time." When I got them home, I realized they gave me $130 worth of 40%'s. It was my best score ever, still chasing the dragon!

    It happened a few times after that as well but not to that level.
    thurmownator and blueberra like this.

  8. #8
    us
    Apr 2005
    North Carolina
    Garrett AT Gold
    6,363
    2545 times
    All Types Of Treasure Hunting
    No such thing as a Fed box.
    WeirderBeatle7 likes this.
    2021
    COIN ROLL HUNTING TOTALS!

    Wheats..6
    Buffalos..0
    war nickels.0
    Silv Dimes...-4
    Silv Quarters-0/0
    Barbers-0/0
    Walker 0
    Bens- 0
    Kenn. 90%- 0
    Kenn. 40%- 0
    Proof- 0
    Silv. Proof -0
    Commemorative-0/0

  9. #9
    Charter Member
    us
    Feb 2008
    Great Lakes State
    dirtfishing
    12,054
    4553 times
    silver surfing
    Honorable Mentions (1)
    A few years back, I visited a rural bank while on vacation in Michigan’s upper peninsula. I asked for any halves, and the nice middle-aged tellers snickered as they scraped up all they had, the amount being about 50+ 40%. Thank you ladies.

    Back about 2006-2007 or so, my wife being in banking but having no interest in coins, told me that several managers were ordering boxes of half dollars. Boxes were loaded with 40%’ers but they were only keeping the 90%. That, along with rising silver prices is what got me started again (since 1979).
    thurmownator and blueberra like this.

 

 

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