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PennySaved
1000+ Penny Miser Member
USA
1720 Posts |
 Posted - 02/03/2010 : 15:44:09
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I went into one of the many local Chase branches today to pick up my penny and nickel order. The teller who always waits on me finally asked me if I was a coin collector and I told her yes. She said I wasn't the only person picking up pennies. She showed me a coin business card for a guy who comes up and picks up pennies every week. It said he bought and sold coins. She said he only picks up pennies though.
I asked her if she ever looks for silver coins and she said she wouldn't know what to look for. So, she had some halves and I showed her how to tell if they were silver. I told her if anyone turns in halves to let me know. I was kind of surprised the coin seller guy doesn't order/pick up halves.
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SELLING COPPER PENNIES 1.4X FACE SHIPPED......“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principles of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale” Thomas Jefferson |
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Shattered
Penny Hoarding Member
USA
523 Posts |
Posted - 02/03/2010 : 15:46:45
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| Hopefully you'll get some easy silver from her. |
"I need metal in my life, just like an eagle needs to fly."
-Joseph DeMaio : Die For Metal |
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nokozan
Penny Sorter Member
35 Posts |
Posted - 02/03/2010 : 15:50:33
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| when you say nickel's, do you just store them or do you search for war time nickels and return the rest? |
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JobIII
1000+ Penny Miser Member
USA
1507 Posts |
Posted - 02/03/2010 : 15:56:21
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| lol, if you told her how to search for silver you probably won't be finding any silver at that branch. I know a couple tellers that are pretty good about searching the banks supply. It kindof sucks. |
Selling Copper cents. $0 FV available at 1.4xFV. Also interested in trading for wheat pennies and other coins Please pm me for requests or inquiries.
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El Dee
Penny Hoarding Member
USA
547 Posts |
Posted - 02/03/2010 : 15:59:25
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What JobIII said.
Play dumb. Wild silver is rare enough as it is.
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Trust the government? Ask an Indian. |
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dakota1955
1000+ Penny Miser Member
2212 Posts |
Posted - 02/03/2010 : 16:00:17
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| It alway helps to have a teller on your side. |
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El Dee
Penny Hoarding Member
USA
547 Posts |
Posted - 02/03/2010 : 16:02:54
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Absolutely.
But not as competition.
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Trust the government? Ask an Indian. |
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PennySaved
1000+ Penny Miser Member
USA
1720 Posts |
Posted - 02/03/2010 : 16:12:31
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Well to be honest, I don't really like going through bank wrapped halves. Ive done it before and have gotten skunked. I figured if someone turns in a bunch of halves I have a better chance and if I can befriend her I have a better chance of picking them up vs someone else.
I told her to tell me if someone turns in a bunch of halves that I would take them.
I kind of educated her because she wanted me to take a bunch of 1980's halves and thought they were silver ones. So I just showed her how to tell the difference. Maybe I was wrong but I figured if a coin dealer is going in there my chances of getting silver are going to be pretty low.
With regards to nickels, I take out the silver war nickels, buffalo, 1930's, 1940's non silver, and 1950's nickels and turn back in the rest. |
SELLING COPPER PENNIES 1.4X FACE SHIPPED......“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principles of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale” Thomas Jefferson |
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kirkland
New Member
USA
0 Posts |
Posted - 02/03/2010 : 16:33:47
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| I think it is okay if you tell and show tellers about silver coins. You'll know not to buy any halves for silver at their branch, but it definitely helps to have tellers on your side and interested in silver. That way, when you pick up pennies and other coins, the teller won't find it suspicious and won't hassle you. |
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uthminsta
1000+ Penny Miser Member
USA
1872 Posts |
Posted - 02/03/2010 : 16:34:24
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quote:
Originally posted by PennySaved She showed me a coin business card for a guy who comes up and picks up pennies
Dude, you gotta call that guy and see what he's selling. Ask what kind of coin bullion he has! |
Come to the new and improved realcent: http://realcent.org
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PennySaved
1000+ Penny Miser Member
USA
1720 Posts |
Posted - 02/03/2010 : 16:36:23
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| yeah she was going to give me one of his cards; maybe next time. At that moment in time, I was more caught up in the competition aspect haha |
SELLING COPPER PENNIES 1.4X FACE SHIPPED......“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principles of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale” Thomas Jefferson |
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highroller4321
1000+ Penny Miser Member
USA
2648 Posts |
Posted - 02/03/2010 : 17:50:20
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| I would at least ask him and figure out what he is doing. If he is simply sorting wheats out than its not really competition...unless thats what you are after. |
Copper Penny Investing
www.portlandmint.com |
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uthminsta
1000+ Penny Miser Member
USA
1872 Posts |
Posted - 02/03/2010 : 21:29:26
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| That was my point. Feign interest in all that he has, and hint around to see if copper bullion is on his sales list. If he has bags and bags of copper, it's off to find a new source bank!!! |
Come to the new and improved realcent: http://realcent.org
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smalltimeopn
Penny Sorter Member
USA
54 Posts |
Posted - 02/05/2010 : 18:02:28
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| Maybe he's a lurker on this site or possibly a member! |
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Bluegill
1000+ Penny Miser Member
USA
1964 Posts |
Posted - 02/05/2010 : 18:18:30
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quote:
Originally posted by El Dee
What JobIII said.
Play dumb. Wild silver is rare enough as it is.
If she doesn't decide to keep the wild Ag for herself, better hope she doesn't share her new knowledge with anybody else (fellow tellers, the guy who left the business card)... 
Most of the tellers in my network of banks are Ag hunters. 
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jadedragon
Administrator
Canada
3788 Posts |
 Posted - 02/05/2010 : 19:13:02
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Switch it up and start delivering zinc pennies for him to buy and sort. He will quit soon enough  |
“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
Why Copper Bullion ~~~ Interview with Silver Bullion Producer Market Harmony
Passive Income blog |
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PennySaved
1000+ Penny Miser Member
USA
1720 Posts |
Posted - 02/05/2010 : 19:20:19
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Actually I will always pick up at this bank; they dont blink twice if I ask for a big order
She even let me use her cart to take an order out to my car :)
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SELLING COPPER PENNIES 1.4X FACE SHIPPED......“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principles of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale” Thomas Jefferson |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 02/07/2010 : 00:54:03
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Sounds like a great source bank. I have a hard time getting orders out of Chase. They tell me their corporate office does the orders automatically and it is hard for them to put in special orders. They do give me a lot of CWR's though. This is where I got that one roll with 31 Buffalos and 5 War nickels in it from.  |
If your percentages are low.. just sort more. If your percentages are high.. just sort more.
Now selling Copper pennies. 1.6x plus shipping. Limited amounts available. |
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PreservingThePast
1000+ Penny Miser Member
USA
1572 Posts |
 Posted - 02/07/2010 : 09:41:41
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I very recently discovered that I too may have some competition at my main bank which is a branch of a small independent bank in Central Florida. Competition for the wheats and maybe S mint marks.
A new teller that was curious what I was doing with so many rolls of pennies and I told her about the birth year coin projects and now the anniversary year coin project. She said that there is another person searching rolls but he is only wanting the wheats. Well, that means I won't be getting any more wheats from the rolls he has checked but I can deal with that.
What is puzzling me is his method of searching/sorting I can NOT figure out how or why he is doing what he is doing if he is truly only searching for wheat pennies. She showed me how he marks the rolls and I had gotten some a few months back and was intrigued by the marking system as I couldn't figure it out then. Now, knowing what he is supposedly searching for I still can't figure out his system. I keep very detailed notes now on what I find or observe about the rolls.
He is putting hash marks on the wrappers and there could be from 3 - 9 hash marks on each wrapper. I know there are not that many wheats in the area that would show up in every roll. To further compound the puzzle in my mind, I will go through roll after roll that he has already searched and there will be from 0 - 4 or so copper pennies. Then I will get a roll marked exactly the same way as his others and there may be 43 or more copper pennies in the one roll.
Really strange. Has anyone else on here ever encountered something similar or does anyone on here also mark their rolls in a similar way? If so, what could the various amount of hash marks mean?
Thanks.
Enjoy your coin roll searches, everyone.  |
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JobIII
1000+ Penny Miser Member
USA
1507 Posts |
Posted - 02/08/2010 : 15:04:35
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| perhaps PTP, this individual is reusing rolls. Since there are no wheats showing up in any of the rolls that are supposedly from this other sorter. At least the copper is being left for you to catch. |
Selling Copper cents. $0 FV available at 1.4xFV. Also interested in trading for wheat pennies and other coins Please pm me for requests or inquiries.
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I have competition at my local Chase
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