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twentybux
Penny Pincher Member
174 Posts |
 Posted - 04/14/2010 : 21:06:43
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Just went through my first $500 box of halves. After $480 of halves I ran across my one and only silver piece in the whole box, a 1965. Hey, better than a shut-out. Anyhow, just wondering...if the percentages of halves being found in boxes is now so low, what are the percentages of silver found in a $500 box of quarters? Seems like everyone and their brother at one time tried to get silver halves? Every once in a while I even see a pre-1964 quarter in my change. Just wondering if we are overlooking the quarters. What do you all think ?
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Country
1000+ Penny Miser Member
USA
3121 Posts |
 Posted - 04/14/2010 : 21:15:47
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Personally, I think quarters, as the most common circulated coin these days, are a waste of energy and time searching for SILVER. Halves are best for finding SILVER, since they have not circulated much in the last 50 years. If you are unable to get halves, or you find that halves have been well searched in your area, I would search dimes (for SILVERs) or nickels (for War Nicks or Buffalos). Of course, you could go to sorting coppers which generally yield around 25% copper per load of pennies searched. 
If you get Halves, quarters, dimes, or nicks that are CWRs, you will find these are very productive in finding SILVERs. |
---> Come to the new and improved realcent: http://realcent.org
The things that will destroy America are prosperity-at-any-price, peace-at-any-price, safety-first instead of duty-first, the love of soft living, and the get-rich-quick theory of life.
– Theodore Roosevelt
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twentybux
Penny Pincher Member
174 Posts |
Posted - 04/14/2010 : 21:20:53
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| Good point. The only business I know that even uses halves in my area these days is a movie theatre. I believe the owner sees it as a novelty when you get it in your change. Just taking a breather on coppers and trying at halves. Very interesting coinage to hoard. I salute the die hard halve hunters. I knew the ratio of copper to zinc as I did clad to silver but halves must take alot of persistence to accumulate. Wow! |
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beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
Posted - 04/14/2010 : 21:21:14
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I haven't started sorting thru boxes of halves yet as I haven't got a confirmed source. Asked for $2000 from my bank and will find out Monday how that went. My rationale for halves is that they are little used by consumers, so that if any of the older silver-bearing halves do drift back into the monetary stream they will be absorbed by the Reserve branches and be rewrapped for us forumers to find, like precious little Christmas presents. Sure, some of them won't make it that far, as CWR's are purchased by searchers, but I would be willing to bet that only accounts for about twenty percent of the silver that is coming out of hiding during this depression. I think that the 40% silvers act as if they were disguised, most people wouldn't recognize their greater value, but might more easily detect a 90% silver. Also the 40's are all Kennedy's, so they chameleon in all the more. Let us know how you do with quarters, if you decide to try them.  |
Hoard now and hold on!
http://coppermillions.blogspot.com/
http://wherewillyoubein2012.blogspot.com/ |
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twentybux
Penny Pincher Member
174 Posts |
Posted - 04/14/2010 : 21:25:56
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| You bet! Decisions, decisions. If I only had tons of $ I could hoard lots of goodies. So many niches to look into and not enough bread! |
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rainsonme
Penny Pincher Member
USA
183 Posts |
Posted - 04/15/2010 : 00:22:16
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| I started with halfs, and was getting a pretty consistent 3 coins per 1,000, or 0.3%. That percent has absolutely dropped for me to under 0.1%. So I augment my obcession with dimes, quarters, and nickles, in that order. I have been finding quarters in random strikes. Not consistently, as the half dollars were a year ago, but enough to keep looking thru them. The dimes appear more consistant to me. In $1,000 of dimes I would be very surprised to find 0 silver. 0 silver in $1,000 of quarters or halfs is unfortunately now pretty standard in my neck of the woods. |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 04/15/2010 : 01:50:13
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My experience runs about the same as rainsonme. Halves are low yield, but I do them anyway. I do reasonably well with dimes. I take quarters when they offer them to me. Quarters are about the lowest yield, but the easiest to dump since most of my banks are really happy to get machine rolled quarters they can give right out to their merchants.
It doesn't take tons of $ to search any of them.. since you won't find enough to hoard that it will set you back much. Just keep cycling your capital.  |
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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webvideopro
New Member
15 Posts |
Posted - 04/15/2010 : 08:11:54
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I just went through 2 boxes of halves and had three 40% and one 90%. I have had such good luck from another bank that I was disappointed in these results. I guess that is common... I already have it lined up to get $1,000 per week for the next three weeks and that will give me a better idea of averages.
(I am so glad I found this site!) |
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Country
1000+ Penny Miser Member
USA
3121 Posts |
Posted - 04/15/2010 : 08:15:36
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quote:
Originally posted by beauanderos
My rationale for halves is that they are little used by consumers, so that if any of the older silver-bearing halves do drift back into the monetary stream they will be absorbed by the Reserve branches and be rewrapped for us forumers to find, like precious little Christmas presents. Sure, some of them won't make it that far, as CWR's are purchased by searchers, but I would be willing to bet that only accounts for about twenty percent of the silver that is coming out of hiding during this depression.
For the year so far, there have been 6810 SILVER halves found by SILVER searchers noted in their posts. $609599.50 worth of halves were searched to find these. 1650 SILVER halves were NOT found in $500 boxes or $1000 bags, gathered from CWRs and teller trays. $49258.50 worth of halves were searched to find these.
So, 1650 (or 24.2%) of the SILVER halves were NOT found in $500 boxes (or $1000 bags). These have been found at a rate of one SILVER half for every 60 halves searched. However, $49258.50 represents only 8.1% of the total $609599.50 halves searched. For $500 boxes and $1000 bags, SILVER halves have been found at a rate of one SILVER half for every 217 halves searched. That is why getting CWRs and teller tray halves is the way to go - it is much more productive in finding SILVER halves. |
---> Come to the new and improved realcent: http://realcent.org
The things that will destroy America are prosperity-at-any-price, peace-at-any-price, safety-first instead of duty-first, the love of soft living, and the get-rich-quick theory of life.
– Theodore Roosevelt
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JobIII
1000+ Penny Miser Member
USA
1507 Posts |
Posted - 04/16/2010 : 10:35:37
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| i was shut out of 8 boxes in one day and called time-out...I think my team needs to do some trading or something. I'm even thinking about ordering boxes from another county. |
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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Nacinator
Penny Sorter Member
28 Posts |
Posted - 04/16/2010 : 15:48:09
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| I to have had no luck the $700.00 in halves not one coin. Trying a thousand next week |
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p00dub
New Member
6 Posts |
Posted - 04/18/2010 : 20:37:10
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| wow - that's alot of work - good luck |
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p00dub
New Member
6 Posts |
Posted - 04/18/2010 : 20:37:25
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| wow - that's alot of work - good luck |
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Almost a shut-out
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