SilverHoarder07
Full Member
- Joined
- Oct 9, 2012
- Messages
- 178
- Reaction score
- 70
- Golden Thread
- 0
- Primary Interest:
- All Treasure Hunting
I am fairly new to this idea of CRHunting and only recently dove in head first. Lets begin with a bit of a story.
I work at a Credit Union and would help this individual on a regular basis 1x a week every day on cash delivery day. This member had set up a routine so to speak with my branch supervisor before I ever transfered to this branch. The member would have 8k+ in dimes and often times a similar amount in halves ordered and would pick them up promptly. One time I was curious and asked something along the lines of "Why so many dimes Ted?" to which he replied "My kids enjoy sorting through them..
Now, I am young (23), but I am not dumb - common sense which was strongly encourage in my Army career (and continues today in my Guard career) told me that there is no way children of any age enjoy sorting through the "dates" on 80,000 dimes a week, let alone another 16,000 in halves.
Anyway, the situation is on a revolving mode for quite awhile - several months actually - until one day the halves are too "new" for Ted and he refuses to take them. My branch supervisor explains that Ted must take what he orders or we cannot continue to provide this service for him as it costs the Branch money to return money to the Fed/Coin to the Armored Car companies. Ted breaks off the half dollar train and sticks to the dime ordering for several more months...these "new" half dollar boxes set inside our vault for several months, never seeing the light of day.
One day, a member asks if we have any available and requests to purchase 5 rolls or $50 dollars worth. I was not the teller that helped with this transaction. Once a box is opened and rolls are removed, we must remove all rolls from the box and set them on a shelf inside our vault so we dont mistakenly count it as a full box during balancing...this is a key turning point of the story for me. At some point, my trip to the cash vault (which is a regular occurance through out the day) resulted in my catching a glimpse of an odd looking roll of halves...One roll stood out, the end coin was not like the other, it had an bell and a different color to the coin. It was a franklin. Upon confirming with my boss that he didnt mind if I bought coin I began to buy the rolls...$50 first, starting with the strange eagle coin roll, then $100, then $250 until the remainder of this opened box ($450) was unopened and searched for silver coins. I cannot recall the specific finds of that first partial box, there was atleast the 1 walking liberty - 1936 and 2 franklins - 1953, 1963 (unsure of mints
) The remaining boxes yielded numerous and unrecorded 64's and quite a few 65-69 (I have never seen a 70 from a roll)
Fast forward, Ted kinda messes himself over. An order of dimes has come in and atleast half are brand new and of no use to Ted for his purposes. Months ago the credit union had implaced a surcharge of $3.00 per box of ordered coin - Ted never had to pay because the Boss said he felt obligated to grandfather him in...that is, until this day when Ted refuses to take his dimes - bad move Ted. Ted is trying to be strong armed with the bossman and more or less demands we order more and return the ones he does not need. This is when the bossman informs Ted that there will be a surcharge from this day forward...Sorry Ted....
Insert Moral Here --> Respect people, be courteous and understanding and be willing to compromise if the situation calls for it...do not become flustered with a teller whos service and compliance you DO REQUIRE to meet your ends.
Flash ahead, we still have quite a few boxes of halves in the vault....I buy one box, find some silver, bring the clad back to our coin counting machine (free for members)...I typically bring the coin in early in the morning before an opening shift because the machine can only hold 1k in halves per bag at a time and it is only set to hold 1 bag of halves in total. This requires me to change the bag every other dump (minimum). I buy another box, more finds, another box, more finds, another box, more finds...
"Hey bossman, can I have a raise?" to which he replies "You just got a raise!"
"Oh yea..." I reply, "Well how about helping me out with retierment?" I say...
"And how would I do that?" he says....
"Do you remember Ted with the coin orders? I wanna try that..."
"You going to take the coin everytime without question? Are you going to return the coin through our machine? You going to make other tellers handle the coin bags or you going to handle that yourself?" he asks with some annoyance.
"Yes, Yes and I will take care of everything!" I assure him.
"Alright, wright down what you want and I will get it for you..."
So, just this last Friday evening I had 3k in halves sitting in my office at home waiting for me to dig into and I achieved some pretty intense results (much more yield than early single boxes I had been buying up).
All 90%ers below were 1964s
Box 1 : 3 -40%
Box 2 : 4 -40%
Box 3 : 5 -40%, 2 90%
Box 4 : 3 -40%, 4 90%
Box 5 : 10 -40%, 1 90%
The spot price at 34.49 led to the assumed value of about $218...I figure silver is on the down trend (just a guess from watching this past year) so I sold at a local coin/jewelry shop for 203.38 which was something like .39 less per 90%er and .51 less per 40%er. I figure I can buy this same amount back for less in a few months if silver hits a couple dollars down in the dirt.
opened 6th box today
Box 6 : 10 - 40%
Should have 3k in halves and 400 in pennies before the weeks end.
I bought a ryedale for pennies a few months back and have been slowly doing boxes of pennies aswell for the long haul. So far its looking like a 30% copper find. If anyone has interest in the ryedale machine you can e-mail Andy (the maker) and arrange a deal with him. If you are willing to do a private transaction as I did might be willing to throw in extras and cut the price down quite a bit (after all, who wants half their profit going to ebay and paypal?)
I will take pictures soon of upcoming successes and post results. Do these results seem typical of any of your guys CRH experiences with halves?
I work at a Credit Union and would help this individual on a regular basis 1x a week every day on cash delivery day. This member had set up a routine so to speak with my branch supervisor before I ever transfered to this branch. The member would have 8k+ in dimes and often times a similar amount in halves ordered and would pick them up promptly. One time I was curious and asked something along the lines of "Why so many dimes Ted?" to which he replied "My kids enjoy sorting through them..
Now, I am young (23), but I am not dumb - common sense which was strongly encourage in my Army career (and continues today in my Guard career) told me that there is no way children of any age enjoy sorting through the "dates" on 80,000 dimes a week, let alone another 16,000 in halves.
Anyway, the situation is on a revolving mode for quite awhile - several months actually - until one day the halves are too "new" for Ted and he refuses to take them. My branch supervisor explains that Ted must take what he orders or we cannot continue to provide this service for him as it costs the Branch money to return money to the Fed/Coin to the Armored Car companies. Ted breaks off the half dollar train and sticks to the dime ordering for several more months...these "new" half dollar boxes set inside our vault for several months, never seeing the light of day.
One day, a member asks if we have any available and requests to purchase 5 rolls or $50 dollars worth. I was not the teller that helped with this transaction. Once a box is opened and rolls are removed, we must remove all rolls from the box and set them on a shelf inside our vault so we dont mistakenly count it as a full box during balancing...this is a key turning point of the story for me. At some point, my trip to the cash vault (which is a regular occurance through out the day) resulted in my catching a glimpse of an odd looking roll of halves...One roll stood out, the end coin was not like the other, it had an bell and a different color to the coin. It was a franklin. Upon confirming with my boss that he didnt mind if I bought coin I began to buy the rolls...$50 first, starting with the strange eagle coin roll, then $100, then $250 until the remainder of this opened box ($450) was unopened and searched for silver coins. I cannot recall the specific finds of that first partial box, there was atleast the 1 walking liberty - 1936 and 2 franklins - 1953, 1963 (unsure of mints
) The remaining boxes yielded numerous and unrecorded 64's and quite a few 65-69 (I have never seen a 70 from a roll)Fast forward, Ted kinda messes himself over. An order of dimes has come in and atleast half are brand new and of no use to Ted for his purposes. Months ago the credit union had implaced a surcharge of $3.00 per box of ordered coin - Ted never had to pay because the Boss said he felt obligated to grandfather him in...that is, until this day when Ted refuses to take his dimes - bad move Ted. Ted is trying to be strong armed with the bossman and more or less demands we order more and return the ones he does not need. This is when the bossman informs Ted that there will be a surcharge from this day forward...Sorry Ted....
Insert Moral Here --> Respect people, be courteous and understanding and be willing to compromise if the situation calls for it...do not become flustered with a teller whos service and compliance you DO REQUIRE to meet your ends.
Flash ahead, we still have quite a few boxes of halves in the vault....I buy one box, find some silver, bring the clad back to our coin counting machine (free for members)...I typically bring the coin in early in the morning before an opening shift because the machine can only hold 1k in halves per bag at a time and it is only set to hold 1 bag of halves in total. This requires me to change the bag every other dump (minimum). I buy another box, more finds, another box, more finds, another box, more finds...
"Hey bossman, can I have a raise?" to which he replies "You just got a raise!"
"Oh yea..." I reply, "Well how about helping me out with retierment?" I say...
"And how would I do that?" he says....
"Do you remember Ted with the coin orders? I wanna try that..."
"You going to take the coin everytime without question? Are you going to return the coin through our machine? You going to make other tellers handle the coin bags or you going to handle that yourself?" he asks with some annoyance.
"Yes, Yes and I will take care of everything!" I assure him.
"Alright, wright down what you want and I will get it for you..."
So, just this last Friday evening I had 3k in halves sitting in my office at home waiting for me to dig into and I achieved some pretty intense results (much more yield than early single boxes I had been buying up).
All 90%ers below were 1964s
Box 1 : 3 -40%
Box 2 : 4 -40%
Box 3 : 5 -40%, 2 90%
Box 4 : 3 -40%, 4 90%
Box 5 : 10 -40%, 1 90%
The spot price at 34.49 led to the assumed value of about $218...I figure silver is on the down trend (just a guess from watching this past year) so I sold at a local coin/jewelry shop for 203.38 which was something like .39 less per 90%er and .51 less per 40%er. I figure I can buy this same amount back for less in a few months if silver hits a couple dollars down in the dirt.
opened 6th box today
Box 6 : 10 - 40%
Should have 3k in halves and 400 in pennies before the weeks end.
I bought a ryedale for pennies a few months back and have been slowly doing boxes of pennies aswell for the long haul. So far its looking like a 30% copper find. If anyone has interest in the ryedale machine you can e-mail Andy (the maker) and arrange a deal with him. If you are willing to do a private transaction as I did might be willing to throw in extras and cut the price down quite a bit (after all, who wants half their profit going to ebay and paypal?)
I will take pictures soon of upcoming successes and post results. Do these results seem typical of any of your guys CRH experiences with halves?
Last edited:
Upvote
0
