Bank rolls...

[JGRDHS]

Hey everyone. A few weeks back, I read an amusing post (I think it was on the IL forum, but I cant seem to locate it now) regarding metal detecting at the bank. A guy mentioned going to the bank with cash, or clad coins and cashing them in for rolled coins. I want to say he was getting half-dollar rolls. Anyway,, he found a lot of silver and valuable stuff.

I went through about $400 of collected (from my pockets, not with the detector) change from the past few years this morning. Amazing how few finds there were. 1 wheat penny, 2 silver war-era nickels, and 2 silver roosevelt dimes.

Just to consolidate, because my jar is full, I was wondering if anyone had thoughts regarding what type of rolls I should request at the bank? Half-dollar rolls seemed to work for the original poster...also, any thoughts on hitting a bank in a more populated, metro area? Or a small rural bank? Beautiful mixture of both types of areas here with St. Louis being 10 miles away.

 

Amazon Forum Fav 👍

Agony and Death on a Gold Rush Steamer: The Disastrous Sinking of the Side-Wheeler Yankee Blade - Grab it through Amazon!

[Gimmie The Loot]

I think I saw the same post and went out and ordered a bunch of half dollars expecting to find the jackpot... it didn't happen. I've gone through about $2500 in halves and have only found 1 40% 1968 half dollar. In my opinion, it isn't worth the hastle of going from bank to bank asking for all their halves, and then trying to find a place to dump them when your done. Bringing a 30lb bag of half dollars to the bank and telling them to count them gets some grumpy looks from the tellers.

There may be some good rolls out there, but they are far and few in between. Good luck to you though! If you happen to know any bank tellers, just ask them to keep any old and rare coins for you. Actually now that I think about it, I think the guy in that post was talking about the teller happend to have the coins loose in her drawer and he bought them all from her for a total of $33... is that the one?

GTL

 

[JGRDHS]

Yeah, after posting this, I finally ran across the posting. it was labeled "huge half dollar" or something like that. He had several late 1800 silver dollars, or half dollars.

I dont know, there are a few ghetto banks down in ESTL that may have a bunch of old coins wrapped up. The elderly down here have been here forever, and may have stockpiles of old change that they recently took to the bank. It was just something to do while the weather was crappy...but it will be 50+ degrees starting tomorrow.

 

[treasurefiend]

I was only able to buy the boxes of coins, found a lot of silver dimes and halfs, the key is to search through a lot of boxes. Once I got 3 boxes of dimes and between the 3 boxes it had 25 or 26 merc's and an additional 30+ silver rosies. The best half dollar that I found and I thought it was a bust was a 1938d Walker in Xf condition. I say bust because I went through something like 4 $500 half's boxes and only found the 1 walker and something like 2 or 3 40% halfs, I posted the pix here and someone told me to sit down and check the red book value.


penny box = $25 (found several hundred wheaties and 1 IH)
nickle box = $100 (several buffalo's and old Jeffersons & silver war nickels)
dime box = $250 (1 barber dime, several merc's, hundreds of silver rosies)
quarter box = $500 (total bust - never found any silver)
half box = $500 (several Walkers & Franklins, several 90% Kennedy's and hundreds of 40% Kennedy's)

 

[Marvin]

The location of the bank, rural or urban, isnt going to matter much anymore. Pretty much any bank now has coin counters. Someone brings in a large can or jar of coins, they go into the counter that sorts, counts and bags them. When the bag reaches it's fill amount ($1000 for quarters, $500 for dimes, $200 for Nickels...I don't remember exactly anymore) it gets sealed and goes in the safe. The next time the truck comes around to drop off or pick up money, usually once or more a week, they grab the bags. Back they go to the Federal Reserve where they get rolled. Some coin machines will count halfs too. I havent seen one that counts dollars. Your best bet may be to ask when you go into a bank if any of the tellers have silver dollars. When I was a teller I had an older gentleman try to deposit 20 silver dollars. I didnt know the value but figured they were more than $1 each. He came back an hour later with $600 in cash to deposit and thanked me with a $20. There are plenty of tellers out there that wouldnt know the difference and just put them in their drawer. It's not an odd request to ask your teller to check with the other tellers to see if any of them have any silver dollars or halfs.