I did read a guy said he checks the coin machines when he is shopping and finds a coin 1 out of 10 checks as folks often leave the rejected coins in the machine…I know that people have been getting bags of coins and sorting for silver since at least 1976, as I knew several people doing it back then. I would have to imagine finding silver in circulated coinage is going to be very rare. I look at the coins from my pocket every night, I'll bet it has been 2 or three years since I found a silver dime. Even the solid copper pennies (pre 1982) have become really rare.
Same here, finding good coins in change etc., is becoming very rare.I know that people have been getting bags of coins and sorting for silver since at least 1976, as I knew several people doing it back then. I would have to imagine finding silver in circulated coinage is going to be very rare. I look at the coins from my pocket every night, I'll bet it has been 2 or three years since I found a silver dime. Even the solid copper pennies (pre 1982) have become really rare.
Do you have kids? If yes, give them the year range and a cut of the take.Any short cuts to find junk silver in bunches of bulk coins?
I was told that machines like Coinstar will kick out silver as it is out of the weight parameters the machine looks for in genuine coins.
Anyone have insight into this?
Chase is pretty good about it. They'll act surprised, but offer to bring some in. Of course I did not tell them why I wanted them.Most of the banks I’ve been to, it’s like pulling teeth getting a box of coins since the fakedemic.
My grandfather used to do this. He once opened a roll of quarters that were all <= 1964. That was probably 20 years ago.Saw YoosToob videos of guys buying a few hundred bucks in rolled halves, quarters and dimes from the bank, sorting through them for the junk and selling the regular stuff back to the bank.
Personally, I'd rather buy it for a bit over spot and not touch a few thousand filthy ass coins in hopes of finding some for "free".
Our credit union has coin counters in most of their branches... free for members. Nice perq.So I used a Coinstar machine for my coins. Sadly it did not work out and I do not believe I will do it again. I had near 60lbs of coins, 1700 quarters, 1000 dimes, 600 nickels, and 2500 pennies. $585 in all. The machine charged $70 to take them so I got $515 cash.
I then had about 50 rejected coins I was excited to check out, had to be some 90% silver in there. Half were nickels and pennies, then the Canadian coins, which left about 10 each quarters and dimes. I found one 90% silver dime and one quarter.
My bank said they charge $5 to send it in with their coinage and deposit the rest in my account. That would have netted me $65 more. I had hoped to find more silver in the coins…