Just noticed more competition in town

buffhunter · Apr 3, 2009

Went to one of my pickup backs on Wednesday and one of the tellers told me they have someone else now ordering halves. Today while at one of my other pickup banks, i had to wait for people to clear the area that has all the withdrawal and deposit slips. So my daughter and i are standing next to the coin machine, and my daughter, the scavenger that she is, looks down in the trash can to see if anyone had dumped foreign or rejected coins (she usually finds some!) She taps me on the back and says "LOOK!" and what do i see..... a halve dollar box. Evidently, someone is using my pickup bank as a dump bank. Luckily they go into a machine and not hand rolled. Also, one of my boxes the other day had another banks name written on it and crossed off. Not one of the banks I deal with, so the competition is getting thicker and the silver is getting harder to find.

silvercop · Apr 3, 2009

alot of hunters around my town too

fistfulladirt · Apr 4, 2009

Yeah, I don't get it. Last year when silver peaked, no where near the competition as there is now.

Diver_Down · Apr 4, 2009

Fistfulladirt said:
Yeah, I don't get it. Last year when silver peaked, no where near the competition as there is now.

Times weren't as tough then. If you were out of work, hunting for silver might look like easy money. Don't worry as the competition will eventually wash out as they may not have the fortitude to deal with the downsides of CRH'ing.