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 Have $1000 in Halves waiting for m.What to lookfor

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T O P I C    R E V I E W
misteroman Posted - 05/28/2008 : 23:05:30
First off is there anything I should be looking for?I'm not talking with a magnifying glass either.I know the 74D.LOL and of course 70 and under.What about 2000+.
Also How many silvers will I get?I'm saying 11 total
25   L A T E S T    R E P L I E S    (Newest First)
NotABigDeal Posted - 07/02/2008 : 17:15:32
quote:
Originally posted by legacypac

Seeing the seller is selling individual 1/2 coins as well, and states right in the auction that he has sorted out any damaged coins - the chances of this bag containing silver is NIL. So easy to edge check for silver I did 1200 face in less then an hour - buy unwrap, check, rewrap, sell, buy etc in $400 batches.

The photo is stock too. He states you will not get these exact coins. He might not even own the coins. If someone bites he'll just sell you his rejects and if no rejects on hand go on a buying run, sort for silver, and ship you the rejects. Ni nice way to dump halfs if you can find a buyer. Kind of like selling off "unsearched memorials from 1983-2008" at a premium... "you never know what you will find like some AU coins!!!"


What he said.

Deal
legacypac Posted - 07/02/2008 : 14:02:44
Seeing the seller is selling individual 1/2 coins as well, and states right in the auction that he has sorted out any damaged coins - the chances of this bag containing silver is NIL. So easy to edge check for silver I did 1200 face in less then an hour - buy unwrap, check, rewrap, sell, buy etc in $400 batches.

The photo is stock too. He states you will not get these exact coins. He might not even own the coins. If someone bites he'll just sell you his rejects and if no rejects on hand go on a buying run, sort for silver, and ship you the rejects. Nice way to dump halfs if you can find a buyer. Kind of like selling off "unsearched memorials from 1983-2008" at a premium... "you never know what you will find some AU coins!!!"
JerrySpringer Posted - 07/02/2008 : 13:03:34
Seeing that there is already an 11.29% premium built in to the collection plus a $10 shipping fee, that is a 12.29% premium overall. I ran some numbers quickly on a collection like this, an if you were simply looking for 40% silver, my math says that you need to find at least ~ 64 of them to break even.
Nickelless Posted - 07/02/2008 : 08:01:32
What do you guys think of this auction? Sounds like a crapshoot to me. No mention of any 40% or 90% halves in the lot:

http://cgi.ebay.com/Bank-Bag-Lot-of-2000-Circ-Kennedy-Half-Dollars-Nice-Mix_W0QQitemZ310063578169QQihZ021QQcategoryZ11974QQssPageNameZWDVWQQrdZ1QQcmdZViewItem
Hirbonzig Posted - 07/02/2008 : 07:47:16
Found 2 40% silvers out of $120 face. My average has been 1 40% half per $100.
legacypac Posted - 07/02/2008 : 04:20:36
Decided to sort 1/2s in the Seattle area since the banks in Canada were closed for Canada Day. (ok I needed to be in Seattle anyway. Popped into Key Bank and bought $8 between the two tellers. Scored a 40%. Went to a Bank of America and was told they had a lot. Bought $400 with cash on hand, went to a side table and sorted in bank. Found a 40% in the first 5 rolls. After that things went downhill, and fast. Turned in the first batch for more, sorting $1600 in total. Later batches were all edge marked with green marker, and they said that they thought the coins had been sorted by others. Decided eating was more important then continuing this futile exercise.

Did inject some previous rejects into circulation. Tips in hotel, resturant and somewhere else too.
knibloe Posted - 06/28/2008 : 15:28:01
you're right it doe not take long to sort halves. I sorted $500 the other day. Took me 1 1/2 hours to open 50 fed rolls sort (loking at each date) and re-roll in the original wrappers
NotABigDeal Posted - 06/28/2008 : 13:43:58
My dad came over and he wanted to help. He found the first one. Boy was he excited. It was fun looking through them with him. It sure didn't take very long with two of us.

Deal
misteroman Posted - 06/28/2008 : 13:10:53
attaboy
NotABigDeal Posted - 06/28/2008 : 12:48:47
Went to pick up a couple of bags of pennies from the CU this morning, three to be exact, two of which were over $50. ($65 and $62.50. The other was $50. Three out of the last four bags of pennies from here were over full). Also, I picked up the partial bag of half dollars. $653 to be exact. 16 40%ers, and one '46 Walker. Someone scratched several X's on both the front and back of the coin. Oh well, silver is silver....

Deal
knibloe Posted - 06/16/2008 : 22:14:58
quote:
Originally posted by TenBears

quote:
Originally posted by knibloe

This week I got $1000

1 -1944 walker
5-1964
8- 40% silver
4 proofs including a 1970 S




That is a good day of sorting. How did the 1,000 come? Were they boxes or bags, and, if boxes, who boxed them (Brinks, Loomis, Fed)?



I get two boxes per week. The are flat boxes with yellow wrapped rolls. I know that others are sorting them, as many of the halves are marked. Still, I seem to do well every week. In the last month I have found a franklin or a walker every week. I am not sure if they come from the fed, loomis or Brinks. I am fairly certain it is not Brinks. The bank gets their pennies from Loomis, so I assume that they come from Loomis. the marked halves come from the same two sorters week after week.
TenBears Posted - 06/16/2008 : 16:53:07
quote:
Originally posted by aboxaweek

quote:
Originally posted by TenBears

Also look for 1987s and commemoratives. 87s were not circulated. I have never found one, but I do believe they exist.

Don't believe anyone if they tell you to look for Indian Head half dollars. Those don't exist in the wild either.

any others other than 87'?



2002 and after were not circulated either. I think the 2001s were circulated, but I do not have conviction on that. Someone else may chime in and provide that answer. I haven't a clue as to why 87s did not get circulated.
aboxaweek Posted - 06/16/2008 : 16:19:15
quote:
Originally posted by TenBears

Also look for 1987s and commemoratives. 87s were not circulated. I have never found one, but I do believe they exist.

Don't believe anyone if they tell you to look for Indian Head half dollars. Those don't exist in the wild either.

any others other than 87'?
TenBears Posted - 06/14/2008 : 22:21:19
quote:
Originally posted by knibloe

This week I got $1000

1 -1944 walker
5-1964
8- 40% silver
4 proofs including a 1970 S




That is a good day of sorting. How did the 1,000 come? Were they boxes or bags, and, if boxes, who boxed them (Brinks, Loomis, Fed)?
knibloe Posted - 06/14/2008 : 22:18:07
This week I got $1000

1 -1944 walker
5-1964
8- 40% silver
4 proofs including a 1970 S
TenBears Posted - 06/05/2008 : 10:52:08
quote:
Originally posted by just carl

Out of all the coins possible to search I've found practically nothing of value for many, many years in the half dollar coins. I get from 2 to 10 rolls about every two weeks for more years than I can remember and nothing worth saving yet.



Not even a 40 percenter?
just carl Posted - 06/05/2008 : 10:40:28
Out of all the coins possible to search I've found practically nothing of value for many, many years in the half dollar coins. I get from 2 to 10 rolls about every two weeks for more years than I can remember and nothing worth saving yet.
knibloe Posted - 06/05/2008 : 10:00:57
I got my $1000 this week and found:

19- 40%
5- 1964
1-walker 1942

Needless to say I am pleased and wished that I had gotten my normal 2K
misteroman Posted - 06/05/2008 : 00:58:20
I stated above that I found a 2004 and a nice 95.I didn't even finish the 2nd box and just gave it to the equipment guy
wheeler_dealer Posted - 06/04/2008 : 23:39:10
misteroman,
How did you do? Halves are easier to hand sort than pennies however as already stated it is probably a good idea to not set your self up for disappointment. A while ago I borrowed some cash and after smooth talking the head teller was able to order 10 boxes of halves in one trip. After opening several boxes and getting skunked I was ready to cash in the rest unsorted but thought otherwise, good thing as my dry spell ended and I found several in each of the next few only to get skunked again on the last few boxes. Total found for ten boxes was about ten. Better than nothing, hardly a profitable venture. Patience and persistence can pay off. The teller asked if I would cut back to only a few boxes each week as she was having trouble handling them and even the Brinks guy was complaining about the big order.
I think I may wait a few months and try again. Hopefully things will turn over and my percentages will go up. Good Luck with your sorting.
wheeler_dealer Posted - 06/04/2008 : 23:24:30
Knibloe,
Wished I knew the proofs have value over face can't tell you how many I've tossed back. Any boxes of halves that I sorted lately were scarce of any silver even 40%'s. I am taking a break from halves for a while as I think the girls at the bank are getting tired of my weekly half dollar dumps.
knibloe Posted - 06/01/2008 : 21:41:47
greencopper,

yes keep the proofs. some are worth a premium even with circulation.

keep the 87 one in good shape should easily bring $5
HoardCopperByTheTon Posted - 05/31/2008 : 10:55:37
Picked up my $1000 in halves yesterday. Didn't take long at all to sort them. There were 100 Bank wrapped rolls of shiny new 1997-P half dollars. Kind of odd to get P mint coins out here in CA. The good news is that these rolls actually sell for a decent premium on eBay. I now have a lifetime supply.. LOL.
greencopper Posted - 05/31/2008 : 08:24:40
Yesterday I stopped by my bank and picked up 3 rolls of halfs. I found 2 proofs, and one '87. Do these have any value other than 50 cents?
knibloe Posted - 05/30/2008 : 19:44:18
Last Friday, I got $1000. I believe that they came from Loomis. They were in yellow crimped rolls. I found

1 proof- It was the first in a long while. I have sold these at a premium in an antique mall. I got $20 for one once.
1 52 franklin
11 40%
multiple 2002-2006. I have sold some of these in the past for $1-2

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