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jtlee321
Penny Pincher Member
USA
136 Posts |
 Posted - 04/22/2010 : 22:24:24
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This is the most diverse bag of half dollars I have ever sorted..
I went to one of my dump bank branches but not a dump bank that I use. I sold some loose halves I had to the teller who ran them through the coin counter in back. About half way through the counter stopped and she had to change the halve bag out. So I asked if I could buy that bag. Knowing that I don't dump there there might be a good chance at finding something. So I bought the $500.00 bag of loose halves from the counter and took it home. I cut the bag open and dumped it on the floor. The first thing that caught my eye was a ring. I picked it up and looked it over. It's a fairly light 10K gold ring! It weighs in at 2.86 g. So just over $40.00 worth of gold!! This bag also did some World Traveling as there were quite a bit of Foreign in it. Here is a list of what I found.
Silver first (5) 90% and (11) 40%
(4) 1964 Kennedy's
(1) 1964-d Kennedy
(1) 1965 40%
(3) 1966 40%
(3) 1967 40%
(3) 1968-d 40%
(1) 1969-d 40%
(2) Car Wash tokens
(1) Yellow Stone National Park good luck token
(1) Flattened penny (The kind you get made at a fair)
(1) 1986 $200 Mexican Peso
(2) 2008 10 Mexican Peso's
(2) 1970's British 10 New Pence
(2) 1990's British 50 Pence
(1) 1977 20 Seniti from Tonga
(1) 1973 Swiss 2 Franc (Worth $1.86 at today's exchange rate)
(1) 1996 Swiss 5 Franc (Worth $4.65 at today's exchange rate)
I was short a total of (5) half dollars after counting each of the items above as a half dollar. I returned the all the foreign coins and tokes with the exception of the Swiss Franc's. The counting machine took them again. So in the end I was only short $2.50 in halves but had quite a bit of gains!!
Total take was 1.19 grams of pure gold, 3.43 ounces of silver and $6.51 worth of Swiss Franc's..
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zerocd
Penny Hoarding Member
555 Posts |
Posted - 04/23/2010 : 04:55:01
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Neat,
I would have kept all but the tokens. Never seen car wash tokens that large so maybe I would have kept them all.
I enjoy diversity when sorting. I have pounded through an awful lot of body washers and gaming coins.
Thanks for the report!
I find our local counting machines will take tokens for the small dollar coins.
When dumping, I see them in the counting machine when they change bags. I also see silver halves others have dumped and I rarely get to buy them.
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Lemon Thrower
1000+ Penny Miser Member
USA
1588 Posts |
Posted - 04/23/2010 : 08:49:00
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quote:
Originally posted by jtlee321
I returned the all the foreign coins and tokes with the exception of the Swiss Franc's. The counting machine took them again.
Pure genius! |
Buying:
Peace/Morgan G+ at $15.00
copper cents at 1.3X
wheat pennies at 3X
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dakota1955
1000+ Penny Miser Member
2212 Posts |
Posted - 04/23/2010 : 12:58:33
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| I would also kept all the odd coins. It's nice to see what you all can get in one year beside they make nice gifts to give to the grandkids. |
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Lemon Thrower
1000+ Penny Miser Member
USA
1588 Posts |
Posted - 04/23/2010 : 13:23:51
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quote:
Originally posted by dakota1955
I would also kept all the odd coins. It's nice to see what you all can get in one year beside they make nice gifts to give to the grandkids.
most of them are worth a fraction of 50 cents. genius to throw em back. |
Buying:
Peace/Morgan G+ at $15.00
copper cents at 1.3X
wheat pennies at 3X
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jtlee321
Penny Pincher Member
USA
136 Posts |
Posted - 04/24/2010 : 00:31:41
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quote:
Originally posted by Lemon Thrower
quote:
Originally posted by dakota1955
I would also kept all the odd coins. It's nice to see what you all can get in one year beside they make nice gifts to give to the grandkids.
most of them are worth a fraction of 50 cents. genius to throw em back.
That's exactly why I did throw them back. I got on a currency exchange website and looked them all up. Everything but the Swiss Franc's were worth well under $0.50. The 5 Franc is valued at $4.65 at current rates and the 2 Franc is worth $1.86 at current rates.
So I came out way ahead. The 7 Swiss Franc I kept made up for the $6.00 face that I kept from the bag. And the 10K gold ring and the silver content of the $6.00 face was all gravy..  |
Edited by - jtlee321 on 04/24/2010 00:33:15 |
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dakota1955
1000+ Penny Miser Member
2212 Posts |
Posted - 04/24/2010 : 07:01:15
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| I still disagree because I would know that I would still be shorting someone else. But you will say that you were shorted but does that allow you to short some one else? |
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jtlee321
Penny Pincher Member
USA
136 Posts |
Posted - 04/27/2010 : 12:55:46
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quote:
Originally posted by dakota1955
I still disagree because I would know that I would still be shorting someone else. But you will say that you were shorted but does that allow you to short some one else?
The only person who is getting shorted is the Armored Service who is sorting all the silver out and charging the bank a fee to provide the "Service". Believe me they are not getting shorted. |
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Lemon Thrower
1000+ Penny Miser Member
USA
1588 Posts |
Posted - 04/27/2010 : 13:20:15
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quote:
Originally posted by dakota1955
I still disagree because I would know that I would still be shorting someone else. But you will say that you were shorted but does that allow you to short some one else?
its not someone else. he's just reversing the transaction in which he got shorted. |
Buying:
Peace/Morgan G+ at $15.00
copper cents at 1.3X
wheat pennies at 3X
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dakota1955
1000+ Penny Miser Member
2212 Posts |
Posted - 04/27/2010 : 14:52:55
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| I know that most people will not agree with me but I will take this stand anyway. My thoughts are that if I turn in coins that I know will get me more than they are worth and I allow it to happen because of machines error I am committing fraud. Just saying that no one is getting hurt or big bussiness can take the loss does don't make it right. To me honor and my word is worth much more than gaining a couple of bucks. |
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twentybux
Penny Pincher Member
174 Posts |
Posted - 04/27/2010 : 15:28:29
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| Right on dakota! Honesty is the best policy. |
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Lemon Thrower
1000+ Penny Miser Member
USA
1588 Posts |
Posted - 04/28/2010 : 05:48:16
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quote:
Originally posted by dakota1955
I know that most people will not agree with me but I will take this stand anyway. My thoughts are that if I turn in coins that I know will get me more than they are worth and I allow it to happen because of machines error I am committing fraud. Just saying that no one is getting hurt or big bussiness can take the loss does don't make it right. To me honor and my word is worth much more than gaining a couple of bucks.
i would agree in every instance with the exception of reversing the transaction in which you got defrauded.
personally, i think the random coins i find are more interesting and have more sentimental value than 50 cents, so i have not done this. my son has a NZ 20 cent coin that is probably his favorite that he found in a roll of halves. |
Buying:
Peace/Morgan G+ at $15.00
copper cents at 1.3X
wheat pennies at 3X
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rainsonme
Penny Pincher Member
USA
183 Posts |
Posted - 04/28/2010 : 13:48:29
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| I have been told by tellers selling me bags of halfs that I could bring back the car wash tokens and foreign coins for $0.50 each, but I never do. I consider it the cost of my excetric habit, which is a pretty low cost compared to most habits. also, i don't want to wear out my welcome with the banks that are assisting me. |
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uthminsta
1000+ Penny Miser Member
USA
1872 Posts |
Posted - 04/28/2010 : 13:55:17
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I very much appreciate, and agree with, dakota's opinion. A refreshing reminder that we should have some integrity.
And here's the OTHER half of my opinion. If there's some junk that you don't want, go to the local coin shop and drop it in their junk box. Someone else can use it. Ain't none of us poor enough that we can't afford to do that once in a while. |
Come to the new and improved realcent: http://realcent.org
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hobo finds
Penny Hoarding Member
838 Posts |
Posted - 04/28/2010 : 14:29:43
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| I think that the 2008 10 peso coins would be worth more than .50 cents... |
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jtlee321
Penny Pincher Member
USA
136 Posts |
Posted - 04/29/2010 : 00:12:03
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The 2008 10 peso coin I think came out to be like $0.68 or something like that.
Also on the returning of the bag to the bank. I was shorted $2.50 on top of all the foreign and tokens that were included in the bag (Which would have totaled around $10.00). I made no mention of it being short. I only brought back exactly what I had received, anything I kept was replaced by U.S. Half Dollars. Now if I had replaced some of the silver that I pulled with other foreign coins or tokens, then I could see where there would be a problem. In a sense all I did is look through the bag and pull what I wanted and payed for it. Just as if I had been invited into the back and did it there. This almost feels like accusations of replacing what I took with the foreign coins and tokens (Which would then of course be fraud). I did no such thing. I am merely making sure that I get what I "Paid" for and nothing else. I accepted the "risk" of the coin counter being off plus or minus (which it was short $2.50) and that was that. |
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wheeler_dealer
Penny Collector Member
USA
402 Posts |
Posted - 04/29/2010 : 07:54:20
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5 90%, 11 40% and a gold ring. hmm hard to swallow a small loss. In the end how we handle each opportunity in life will not be rewarded here on earth but when we answer to the big banker in the sky who will not care how much worldly wealth we acquired rather how we used it.
We each have to live with the choices we make on a daily basis and sometimes right/wrong should only be judged through our own eyes and Gods.
Congrats on your finds. |
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AGCoinHunter
Penny Hoarding Member
USA
685 Posts |
Posted - 04/29/2010 : 08:46:08
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| Love bags like that. Usually full of silver when I am finding all sorts of junk. I acutally dont mind getting shorted for some different foreign coins. I keep all that I find, its just the cost of the hobby. |
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Weird bag of Halves....
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