To Bill & Debbie: Found in Rolls

Hello,

I have read your column for a long while now and enjoy it very, very much!
I, too, search rolls. I mainly search $25 "bricks" of pennies at a time and
come away with about 10 to 20 wheaties per box, about 5 modern 'S'
Mintmarked coins, and some "questionable" coins that don't look quite right
that I throw in the box to look at later.

I recently have began looking through other rolls of coin. I have done some
nickels and half dollars.

The boxes of pennies are easy to come by, as are the rolls of nickels.
However, I have hit a snag in the rolls of halves department. No bank seems
to have them. There are about 10 banks were I live and about 4 banks where
I work. Of the 14 or so banks, 2 banks had them. I bought all I could from
the first bank (three rolls is all they had...they were Fed Wrapped). The
second bank had $157.00 in rolls of halves but they said that they were
customer wrapped. They also told me that that particular customer always
brings halves in to be deposited. So, I did not bother with those figuring
he was doing the same thing as me. The Fed Wrapped rolls yielded two 90%
silver halves and two 40% silver halves (Kennedy's).

Is there anything that I am doing wrong here? Should I be ordering these
from my bank? You guys are the pro's at this...could you please give me
guidance? Is Fed Wrapped better than Customer Wrapped? Any info is golden.

Thanks,
Fred

I like to search rolls of halves. I usually don't care where they've come
from. It doesn't take very long to search an already searched roll. So I say
go for it.

I recently did a bag of Kennedy's and the only silver was one 1976-S. A lot
of work for the one coin? Not to me. I spend them and use them for tips, my
son's allowance, gifts, whatever.

I also found some really nice BU 1990s dates. These are pretty hard to find
in circulation. Most that I find are slot machine coins -- badly marked.

When my bank is out of halves, I ask the vault teller to order a bag. The
policy is different at different banks. One bank I have to purchase the
whole bag. At my favorite bank, he rolls them up and I take them as I like.

Good luck.

Art

"Fred" wrote in message
...
Hello,

I have read your column for a long while now and enjoy it very, very much!
I, too, search rolls. I mainly search $25 "bricks" of pennies at a time
and
come away with about 10 to 20 wheaties per box, about 5 modern 'S'
Mintmarked coins, and some "questionable" coins that don't look quite
right
that I throw in the box to look at later.

I recently have began looking through other rolls of coin. I have done
some
nickels and half dollars.

The boxes of pennies are easy to come by, as are the rolls of nickels.
However, I have hit a snag in the rolls of halves department. No bank
seems
to have them. There are about 10 banks were I live and about 4 banks
where
I work. Of the 14 or so banks, 2 banks had them. I bought all I could
from
the first bank (three rolls is all they had...they were Fed Wrapped). The
second bank had $157.00 in rolls of halves but they said that they were
customer wrapped. They also told me that that particular customer always
brings halves in to be deposited. So, I did not bother with those
figuring
he was doing the same thing as me. The Fed Wrapped rolls yielded two 90%
silver halves and two 40% silver halves (Kennedy's).

Is there anything that I am doing wrong here? Should I be ordering these
from my bank? You guys are the pro's at this...could you please give me
guidance? Is Fed Wrapped better than Customer Wrapped? Any info is
golden.

Thanks,
Fred

Don't look past customer wrapped rolls. At my branch right now sits 3 rolls of
40% silver halves an older woman brought in hand written 1966-1967. This is
same women who brought in 4 rolls of 40% a couple months back and a full roll
of wheat cents, all 40's no mint marks, I put em back in circulation, the
halves I bought.
You just never know what people are putting in there.

Dan

"Fred" wrote in message
...
Hello,

The
second bank had $157.00 in rolls of halves but they said that they were
customer wrapped. They also told me that that particular customer always
brings halves in to be deposited. So, I did not bother with those
figuring
he was doing the same thing as me.

Thanks,
Fred


The customer may have hoarded halves and now needs the money, so they're
cashing them in. I hit a bunch of hand-wrapped rolls at my CU last year and
I've never had such a good percentage of silver and/or MS coins before or
since. The CU's next batch of halves were machine-wrapped, had maybe one
silver per two rolls, and three-to-five with green edges per roll. Now they
have rolls with no silver, and many of the 1996 to 1998 coins have spent
years in the casino. :-(..

At least I have a variety.

Pat

My bank doesn't order rolls of pennies because they get so much in from
customers. It really is unbelievable what comes in from customers all
rolled up. And, the bank doesn't have a coin counting machine, so all
rolls are hand wrapped.

Which is why I go to my bank. I know the people there because I use to
work with them and they know I am into coins.

I, personally, will go for the customers rolled wraps before I would go
to the bank's wrap.
But, that's just me. Enjoy the hunt.

bob

From: swifty4

My bank doesn't order rolls of pennies because they get so much in from
customers.

Just out of curiosity, do you live in a small town? Is your bank one of the
major institutions? Just curious, as I have *never* heard of any bank not
ordering Cents.

The one thing that keeps banks going are it's "Merchant Accounts", and
regardless of what the individual customerage (word of the day, Phil) deposit,
these Merchant accounts always seem to order huge volumes of rolled Cents.

Many banks, especially the major institutions, do not simply re-issue deposited
rolled coin; rather, they ship them out to be re-rolled by their supplier. This
is the case, at least, with Wells-Fargo, Bank of America, and CitiBank.

8-?


Coin Saver

"Coin Saver" wrote in message
...
From: swifty4

My bank doesn't order rolls of pennies because they get so much in from
customers.

Just out of curiosity, do you live in a small town? Is your bank one of
the
major institutions? Just curious, as I have *never* heard of any bank not
ordering Cents.

The one thing that keeps banks going are it's "Merchant Accounts", and
regardless of what the individual customerage (word of the day, Phil)
deposit,
these Merchant accounts always seem to order huge volumes of rolled Cents.

Many banks, especially the major institutions, do not simply re-issue
deposited
rolled coin; rather, they ship them out to be re-rolled by their supplier.
This
is the case, at least, with Wells-Fargo, Bank of America, and CitiBank.

8-?


Coin Saver

Tim, in Seneca ( pop 2,000) there are two banks. One bank tells me they are
a net buyer of change, the other bank tells me they accumulate change and
send it back. Bill

I use Bank Of America. The closest to me is in a Kroger store. I have
visited one of the main branchs also and talked to a teller I know. I
am told by both branches that they very seldom order new coins because
of the rolled change they get from depositors. I have twice been sold
back my own rolls that I had rolled and initialed, so obviously they
do use customer wrapped rolls, at least here where I live.

On 18 Aug 2003 00:31:07 GMT, ojunk (Coin Saver)
wrote:

From: swifty4

My bank doesn't order rolls of pennies because they get so much in from
customers.

Just out of curiosity, do you live in a small town? Is your bank one of the
major institutions? Just curious, as I have *never* heard of any bank not
ordering Cents.

The one thing that keeps banks going are it's "Merchant Accounts", and
regardless of what the individual customerage (word of the day, Phil) deposit,
these Merchant accounts always seem to order huge volumes of rolled Cents.

Many banks, especially the major institutions, do not simply re-issue deposited
rolled coin; rather, they ship them out to be re-rolled by their supplier. This
is the case, at least, with Wells-Fargo, Bank of America, and CitiBank.

8-?


Coin Saver

----------------------
Mickey

----------------------

OK,
Now here's a question. If you are handed your own roll that you've already
searched, do you take it and walk out or do you ask them to change it again?

I ask because I get "looks" from the young tellers when I want them to get a
huge box of pennies day after day. They ask me what I am doing and I tell
them but its wasted on them! They do not know what a wheatie is! So in
this case, I could not just go back and tell them that I would like to
exchange the rolls in because then I'll make enemies, I suppose.

What are we to do!?

Fred


"The Numismasochist" wrote in message
...
I use Bank Of America. The closest to me is in a Kroger store. I have
visited one of the main branchs also and talked to a teller I know. I
am told by both branches that they very seldom order new coins because
of the rolled change they get from depositors. I have twice been sold
back my own rolls that I had rolled and initialed, so obviously they
do use customer wrapped rolls, at least here where I live.

On 18 Aug 2003 00:31:07 GMT, ojunk (Coin Saver)
wrote:

From: swifty4

My bank doesn't order rolls of pennies because they get so much in from
customers.

Just out of curiosity, do you live in a small town? Is your bank one of
the
major institutions? Just curious, as I have *never* heard of any bank
not
ordering Cents.

The one thing that keeps banks going are it's "Merchant Accounts", and
regardless of what the individual customerage (word of the day, Phil)
deposit,
these Merchant accounts always seem to order huge volumes of rolled
Cents.

Many banks, especially the major institutions, do not simply re-issue
deposited
rolled coin; rather, they ship them out to be re-rolled by their
supplier. This
is the case, at least, with Wells-Fargo, Bank of America, and CitiBank.

8-?


Coin Saver

----------------------
Mickey

----------------------

I live north of Boston and I am not in a small bank. Like I said before,
there is so much pennies taken in, there is no need to order them.

And to make matters worse, when I worked there we had to break open the
excess rolls we received so we could ship them out in $25.00 bags. And
that is a lot of pennies.

Even supplying merchants with pennies, we always shipped out and they
still do it.

But the worst of it yet is that you cant find any older pennie to fill
in folders.

bob