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JerrySpringer
Penny Hoarding Member
669 Posts |
 Posted - 10/26/2008 : 09:37:35
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On my next bank search in the upcoming week, I may order a box or hit up banks for quarter CWRs. How have results been with that type of silver search for folks? Analogous to half dollars, the mint produced billions of these coins prior to 1965. Some of them must be still out there. Quarters are easier to dump than halves when comparing apples to apples, but the yield of silver may be less in the long run for $$ tied up at at any given moment.
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cwgii
Penny Hoarding Member
USA
924 Posts |
Posted - 10/26/2008 : 10:03:59
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lol, when is the last time you found one in your change......... 30 years ago. they tend to stick out more, people notice them.
i have tried some boxes,, when nothing else was available. nada. not even any 'funny money''. and one gets sick of the state quarters. |
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JerrySpringer
Penny Hoarding Member
669 Posts |
Posted - 10/26/2008 : 10:13:04
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| OK, then how about dimes? Quarters are easier to spot for the silver edge and weight and appearance contrast vs. copper clad ones, then maybe dimes get under the radar more. Problem is they pack less silver for capital tied up when comparing apples to apples but are so easy to dump in the wild. |
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wagsthadog
Penny Hoarding Member
USA
565 Posts |
Posted - 10/26/2008 : 10:45:38
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Hi there-
I get skunked on quarters EVERY time I hunt them. Haven't got much love for nickels, either, but I have found a couple war nicks.
Halves and dimes seem the be the last bastions left. Halves seem to be famine or feast for me; either I find a lot or none at all, while dimes are always good for one or three per box.
wags. |
Only when they CAN'T have it, ......THEN they'll want it.
I love Cents. If you get an UNC box, you win. If you get a regular circ. box, you win. If you get a zinc box, you don't lose....so you still win. |
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n/a
deleted
105 Posts |
Posted - 10/26/2008 : 10:54:54
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| Dimes have not been kind to me. I was lucky to find one per box, but it is easy to just search their edges. I love halves. |
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Bluegill
1000+ Penny Miser Member
USA
1964 Posts |
Posted - 10/26/2008 : 12:06:58
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quote:
Originally posted by cwgii
lol, when is the last time you found one in your change......... 30 years ago. they tend to stick out more, people notice them.
i have tried some boxes,, when nothing else was available. nada. not even any 'funny money''. and one gets sick of the state quarters.
Ditto that. IMHO I feel you would have better luck buying 2 boxes of dimes with that $500 if you're hunting for Ag.
You are correct, Ag dimes are not as noticable as quarters. Unlike a quarter, unless you're specificaly looking, casually glancing at the edge they are easy to miss.
Dimes are about like nickels when it comes to Ag. I can find an Ag dime about as frequently as a war nick, if not more so. So far the most I found is 4 in one box.
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highroller4321
1000+ Penny Miser Member
USA
2648 Posts |
Posted - 10/26/2008 : 12:12:55
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If you are going to look for silver you are MUCH MUCH MUCH better off looking for halves! For the most part half dollars really arent cirulated anymore! Go to smaller banks and ask if they have any! Most of the time they have some in their vault that have been sitting there for many years!
Quarters are proablly the worst option to sort through. Not only are they heavily circulated but they are also easy to see and hear them (when they get tossed on the counter or into your hand with other change)
Dimes are a lot harder to hear and to see but they are also heavily circulated |
Copper Penny Investing
www.portlandmint.com |
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Chip500
Penny Sorter Member
USA
28 Posts |
Posted - 10/26/2008 : 12:17:28
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| I have only found 1 silver quarter in the wild and it was a 1928 SL that I received in change from McDonalds. Stick with halves. |
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jadedragon
Administrator
Canada
3788 Posts |
Posted - 10/26/2008 : 12:44:21
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I will get quarters sometimes when a bank doesn't have many nics and cents. My wife was date collecting the various special designs in Canada.
Silver is exceedingly rare in the wild because quarters circulate so much. We have found one silver quarter so far in many thousands of dollars.
I look at Canadian quarter rolls for a reason you might not expect - I pull the US quarters and deposit them across the border in my US account for a currently 22% tax free profit. If the rolls are not sorted by CDI I expect to pull several US quarters on average per roll, and occasionally get entire US rolls ($2 profit there). Not really worth my time, but it provides amusement and the odd international coin for the collection to boot. |
“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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JerrySpringer
Penny Hoarding Member
669 Posts |
Posted - 10/26/2008 : 12:58:57
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| The quarters inquiry reminds me of when I started using the coin counter machine at my bank. I asked the teller in a general way what limits there were on it. She said none but if you had a bunch of coins, they had an industrial strength sorter in the back. She made reference to someone who brought a pull-cart of quarters in and they directed them to the counter in the back room. LOL. When she said that, I thought of some of the regulars here and a slight smirk came across my face. I will probably rotate through dime boxes on occasion. Like I said, not so much the dumping of them that is the hassle, it is the silver found for the capital tied up for that brief time. |
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Bluegill
1000+ Penny Miser Member
USA
1964 Posts |
Posted - 10/26/2008 : 13:03:19
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quote:
Originally posted by legacypac
I will get quarters sometimes when a bank doesn't have many nics and cents. My wife was date collecting the various special designs in Canada.
Silver is exceedingly rare in the wild because quarters circulate so much. We have found one silver quarter so far in many thousands of dollars.
I look at Canadian quarter rolls for a reason you might not expect - I pull the US quarters and deposit them across the border in my US account for a currently 22% tax free profit. If the rolls are not sorted by CDI I expect to pull several US quarters on average per roll, and occasionally get entire US rolls ($2 profit there). Not really worth my time, but it provides amusement and the odd international coin for the collection to boot.
You gotta be lovin' the current exchange rate. Briefly, I thought about going into the Windsor/Essex area to buy as many nickels as I could at 4¢ U.S. and then dumping the CuNi at TCF and getting 5¢ for them. Then I though it through. You and several other Candians have been reporting about 50% steel. I can't get rid of those. Not such a good idea... 
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jadedragon
Administrator
Canada
3788 Posts |
Posted - 10/26/2008 : 13:43:38
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Just don't bring the steel ones home. Should be no problem to sort them, even by hand, and sell back to the banks in Canada before heading home. Most (other then TD) will not ask about any account, and if they do just say you are American and trying to trade in all the Canadian coins you've collected.
You got a place to sell CuNi in the US? I'd like to know more about that. |
“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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ME CO
Penny Pincher Member
USA
199 Posts |
Posted - 10/26/2008 : 15:28:13
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Quarters are rare as hens teeth. I lucked onto one a few monthes ago in a tellers tray, my only. I spied one before but the teller wouldn't give it to ME. I bought a box of dimes earlier today (TCF open 7 days), got 2 silver Rosies and a Merc- real good for a box of dimes, wish I had bought 10. In August I was getting ready for vacation and had completely burnt myself out on halves, 6 boxes a day and most skunks will do that to ya. So instead of getting my regular 12 boxes of halves on Saturday I ordered 24 boxes of dimes (usually average 1/box). When I called to make sure they were in the head teller says "Are you crazy?" When I went to pick them up I explained to her that with my compulsive personallity that if I didn't spend my $$$$ on money that I would just pi$$ is away on BS. A couple days before I had swapped out $3K order of halves for dimes, that made 9K in dimes in a week- I got just over 60 silvers, at $1 apiece not really worth the time but silver is silver. BTW when I picked up the 6K in dimes- I told her she was luck I wasn't switching to copper or it would have been 240 boxes- yep she almost fainted. Yes siree I was done searchin silver- I went on vacation, spent $$$$$$$ like I was in Bahamas even though I was camping in the mountains haha. When I got back I thought I should see how the cycle was sos I called up the vault and went and got 4 boxes, bam 10 ozs, next day 5, within a week I had boxes every day again- just not 6K to hunt with. So anyways I'm back for the time being- stuff is getting dumped, somebody is gonna get it.
Last year on Tnet there was a kid (Coolcash), at 15 he got all the favorable treatment, tellers sellin him all the silver every saturday and I think it was him that got 1/4z gold eagle out of a roll of quarters. Like I says $hit is getting dumped all the time, life's like a box of chocolates- never know what your gonna get haha. Quarters are a last resort, dimes are better but...... they swim around in the counter like water. My halves count at $100/min on average- dimes lookin at more time. HH Mark |
"54/54/2280" |
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Bluegill
1000+ Penny Miser Member
USA
1964 Posts |
Posted - 10/26/2008 : 15:43:12
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quote:
Originally posted by legacypac
You got a place to sell CuNi in the US? I'd like to know more about that.
The coin counters in the lobby of the TCF banks take Canadian Zn pennies and CuNi nickels with no problems.
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Flbandit
Penny Hoarding Member
USA
851 Posts |
Posted - 10/26/2008 : 17:54:57
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| I've had no luck with Quarters, but a little with dimes. I found a 43 Merc awhile back. I do better on halfs for silver. |
Are you throwing that out? |
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Anyone here do quarters?
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