jewelerdave
Hero Member
- Joined
- Aug 29, 2007
- Messages
- 848
- Reaction score
- 96
- Golden Thread
- 0
- Location
- Fort Collins, Colorado
- Detector(s) used
- I just follow my nose!...where the silver and gold goes!
Minelab 5000, Goldmaster, and a few others
XRF spectrometer, Common sense.
- Primary Interest:
- Prospecting
$8000 in halves yeilds and Trip gets one box like "THE GOOD OLD DAYS"
So my hunting of late has been very minimal.
Reasons why.
1. I just buy from the employees who work at Loomis so when silver comes in, they sell it too me. So the reason a lot of silver is not found in boxes as much anymore is because at the source point its being pulled when possible. All they do is listen for it, They bring me halves, Quarters, dimes, Even the occasional silver eagle. but all they do is listen, and when the silver clinks they stop and search.
2. Too many people competing in the market. No Fun in skunk boxes. and people who bring in hand rolls are rare.
3. I am too darn busy running my gold and silver refinery now to worry about it. no real money in it and scores are rare.
However, I did just take a vacation and drove a 5000 mile circle for a family reunion and did a little half hunting on the side. Mostly midwest and east then south.
First week of hunting was dismal. out of $2000 in halves picked up it yielded 3 %40s and one %90 half. Everything else was dry dry dry. Either no halves, or CRH rejects with lots of little x's on them. yet in one of the boxes with x's on them I did find 3 rolls that yielded 4 %40 halves. in yet another cache of rejects of some $800 in halves. A lot of banks seem to just not want to carry them.
So the it seems that I wasted a lot of time but I tried one little bank while hunting and they said they had $500 worth, fine, I will take it all and maybe get a single if I am lucky...Then they come out with a cloth bag and start counting them out. All the rolls are fed warped, But Most of them were of a wrap that I had not seen in a long time, not yellow, and very dingy and frayed.
As she puts out the rows of 10 I can see silver on the tops. I cant believe it, its been a long time since I have seen them looking up at me.
about 1/3 of them were newer yellow fed wraps that had been dismal wastes of time.
I get so exited that my girlfriend and I stop and open them right away, the ones with the silver on top I put aside to open last.
we open roll after roll, the first one My girlfriend said Hey there are 3 in this one. Sweet! each old roll yields one or two 40% coins just like boxes used too. I date check the halves and I found nothing newer than 1997 in the lot. had this horde been sitting there for that long?
After a nice little pile of %40 add up we hit the rolls we put aside,
First one with one showing on the top. only 1, next one had 4, Another had 3, then my girlfriend said, hey this one had a %40 on each end.
She opened it, and to my shock all but one were Silver. 19 %40s in one roll. I just looked at her and said, you realize that just doesn't happen anymore! In fact I had not gotten one like that since I found a box dated 2003 and 1/3 of the box was silver. Even that one didn't have a near solid roll.
So the box yielded 81 %40 halves. Not a bad deal, Based on silver value it was almost like the box was free from the bank!
So I am sure this is not the last post of such a find, but they will be few and far between. All the half hunter can really rely on is being in the right place at the right time.
Before the guys at loomis started garbing it i was ordering 10k a week and sorting, and when the results became dismal. it stooped. It was not long after that they contacted us about buying the silver. I am sure the occasional dime and the occasional coin of silver gets past them, and they do, but if you expect to find boxes that have a coin collection or somebodies grandpa died and the family just deposited it in a coin counter, They get snaped up by the tellers who know better or at the sort facility now days. They know there is silver out there and take the chance to get it when it shows up, particularly in bulk, Just too much money there now to avoid it. or pass on it. Fact of life.
the trip as far as coin hunting was not a waste. I stoped in one coin shop in Oklahoma and saw a coin in a case that was way undervalued. I asked how much for that ******* the guy said $920, "I will take it" and I was able to walk out with a $3000 coin On Ebay people are asking $5000 for the same thing so I could dump it at $3000 easy, So a 5 min stop more than paid for the vacation, and a stop at one bank paid for all the gas.
It was a nice reminder of how the gold old days of CRH used to be like. But a harsh reminder of how dismal hunting has become.
it was because of Tnet I learned about CHR and pulled tens of thousands of dollars of silver out by being an opportunistic bastard and hit hard on it. it was fun while it lasted and was a great boost to business but I never expected it to last forever.
So the %40 halves I picked up will be melted later this week to make fine silver. Just like the rest of them, and added to the inventory. I had a great trip and maybe someday I will find another killer but once was normal score. but I dont count on it.
So my hunting of late has been very minimal.
Reasons why.
1. I just buy from the employees who work at Loomis so when silver comes in, they sell it too me. So the reason a lot of silver is not found in boxes as much anymore is because at the source point its being pulled when possible. All they do is listen for it, They bring me halves, Quarters, dimes, Even the occasional silver eagle. but all they do is listen, and when the silver clinks they stop and search.
2. Too many people competing in the market. No Fun in skunk boxes. and people who bring in hand rolls are rare.
3. I am too darn busy running my gold and silver refinery now to worry about it. no real money in it and scores are rare.
However, I did just take a vacation and drove a 5000 mile circle for a family reunion and did a little half hunting on the side. Mostly midwest and east then south.
First week of hunting was dismal. out of $2000 in halves picked up it yielded 3 %40s and one %90 half. Everything else was dry dry dry. Either no halves, or CRH rejects with lots of little x's on them. yet in one of the boxes with x's on them I did find 3 rolls that yielded 4 %40 halves. in yet another cache of rejects of some $800 in halves. A lot of banks seem to just not want to carry them.
So the it seems that I wasted a lot of time but I tried one little bank while hunting and they said they had $500 worth, fine, I will take it all and maybe get a single if I am lucky...Then they come out with a cloth bag and start counting them out. All the rolls are fed warped, But Most of them were of a wrap that I had not seen in a long time, not yellow, and very dingy and frayed.
As she puts out the rows of 10 I can see silver on the tops. I cant believe it, its been a long time since I have seen them looking up at me.
about 1/3 of them were newer yellow fed wraps that had been dismal wastes of time.
I get so exited that my girlfriend and I stop and open them right away, the ones with the silver on top I put aside to open last.
we open roll after roll, the first one My girlfriend said Hey there are 3 in this one. Sweet! each old roll yields one or two 40% coins just like boxes used too. I date check the halves and I found nothing newer than 1997 in the lot. had this horde been sitting there for that long?
After a nice little pile of %40 add up we hit the rolls we put aside,
First one with one showing on the top. only 1, next one had 4, Another had 3, then my girlfriend said, hey this one had a %40 on each end.
She opened it, and to my shock all but one were Silver. 19 %40s in one roll. I just looked at her and said, you realize that just doesn't happen anymore! In fact I had not gotten one like that since I found a box dated 2003 and 1/3 of the box was silver. Even that one didn't have a near solid roll.
So the box yielded 81 %40 halves. Not a bad deal, Based on silver value it was almost like the box was free from the bank!
So I am sure this is not the last post of such a find, but they will be few and far between. All the half hunter can really rely on is being in the right place at the right time.
Before the guys at loomis started garbing it i was ordering 10k a week and sorting, and when the results became dismal. it stooped. It was not long after that they contacted us about buying the silver. I am sure the occasional dime and the occasional coin of silver gets past them, and they do, but if you expect to find boxes that have a coin collection or somebodies grandpa died and the family just deposited it in a coin counter, They get snaped up by the tellers who know better or at the sort facility now days. They know there is silver out there and take the chance to get it when it shows up, particularly in bulk, Just too much money there now to avoid it. or pass on it. Fact of life.
the trip as far as coin hunting was not a waste. I stoped in one coin shop in Oklahoma and saw a coin in a case that was way undervalued. I asked how much for that ******* the guy said $920, "I will take it" and I was able to walk out with a $3000 coin On Ebay people are asking $5000 for the same thing so I could dump it at $3000 easy, So a 5 min stop more than paid for the vacation, and a stop at one bank paid for all the gas.
It was a nice reminder of how the gold old days of CRH used to be like. But a harsh reminder of how dismal hunting has become.
it was because of Tnet I learned about CHR and pulled tens of thousands of dollars of silver out by being an opportunistic bastard and hit hard on it. it was fun while it lasted and was a great boost to business but I never expected it to last forever.
So the %40 halves I picked up will be melted later this week to make fine silver. Just like the rest of them, and added to the inventory. I had a great trip and maybe someday I will find another killer but once was normal score. but I dont count on it.
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