What is everyone's opinion on sorting quarters? Is it worth it?
I generally only sort halves, but didn't get any in November. I ended up picking up a bag if dimes and two bags of quarters. I found a silver 6 pence and a 1964 in the quarters. Does anyone ever fine anything better than this? The only other bag of quarters I ever got had 7 in it and I knew that an older woman had cashed them into the counter which is why I bought them.
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i do them occasionally in Canada when I can't get much other coin or when my wife wants to add to her collection of special quarter faces. The main reason is I find US quarters and make a couple cents profit of each one. The high velocity comment is exactly right.
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Generally I would say they are not worth the trouble.. but the Silver Santa can visit any denomination this time of year. Quarters return the lowest percentage of silver and also have the highest probability that you will get shorted. Don't you just love getting a nickel in a roll in the place of 2 quarters?
If your percentages are low.. just sort more. If your percentages are high.. just sort more.
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Quarters return the lowest percentage of silver and also have the highest probability that you will get shorted. Don't you just love getting a nickel in a roll in the place of 2 quarters?
Yeh, I found 1 silver quarter, one nickel, a bent penny and several arcade gaming tokins. I figured I bought the silver with the quarters that were missing.
quote: Generally I would say they are not worth the trouble.. but the Silver Santa can visit any denomination this time of year. Quarters return the lowest percentage of silver and also have the highest probability that you will get shorted. Don't you just love getting a nickel in a roll in the place of 2 quarters?
If the true odds of finding silver in a bag of quarters is as low as we are finding from our data, the better method may to just ask for CWRs of quarters when doing bank pick ups. Almost as likely to find some silver randomly in a small set of rolls versus the whole enchilada of searching a $1000 bag. Personally, I prefer opening the rolls of quarters versus going through a bag. Takes less time to open the rolls and look for silver edges compared to pulling loose coins and lining them up in the light just right to see their edges. CWRs are nice too as you can immediately put the coins back in the wrappers after checking them.
Sorting quarters
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Posted - 12/03/2009 : 17:36:33
