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I bought $1000 in Half Dollars from the Bank...
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- Опубликовано: 6 фев 2023
- Did I get a bunch of Brand New 2022 Half Dollars... AGAIN?!?
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I've never heard someone so disappointed to receive exactly what they ordered. LOL (I do understand why, better luck next time)
So he just needs to ask for 64 and older
Hes hoping to get circulated halves, not brand spanking new half dollars that dont have any silver in it
He’s looking for old 1/2 dollars that might be silver.
For real like wtf
Nobody seems to understand the real value IS newly minted rolls. I've been selling coins for a bit and good money is to be made
1. Rolls can be sold individually for 2-3X face leaving profit margins around $3-6 per roll giving you $150 in profit minimum.
2. A highly recommend option is to OPEN the rolls and look for mint errors, you can find hundreds of repeating errors, progression errors,or multi stages. Trust me when I say you could literally be the person to discover a coin that writes coin history*
*Rare coins are rare but I do I've a recent example 2021 Cent K7-K3 sold as high as $900 and seller had found 30-40. Do the math ;)
you have to probably go to the bank yourself and get smaller amounts because when you ask for that many they're gonna order brand new ones
thats what i was saying
Thought the same
No I've been coin roll hunting for a long time I always buy boxes. It's actually hard to find new ones. Majority of the ones you find are 1972 half dollars.
I was thinking that too...if the bank has to order them from wherever our magic money comes from wouldn't they automatically send new? You'd think just going in and asking for a handful or whatever would be luckier.
@@koDaffisee I wish banks still had money in them
If they have to order them for you, they’re probably gonna be new
not necessarily. ive ordered boxes several times and they have never been uncirculated "brand new".
@@sanfranstackin then they aren’t being “ordered” they are just being sent from a different bank or branch. Ordered ones will always be new if they are actually “ordered” and not just shipped over from another bank
@ben harris at the wells fargo bank i go to, i am friends with the teller. So i ask her to order me half dollars and she orders them. They are sent by Brinks in sealed boxes. Im sure its different depending on your location.
@ben harris i wish i could have them order brand new uncirculated coins for me. But the teller(manager) who orders them for me, has no way of specifying if they are new or circulated rolls.
@@sanfranstackin yeah it must be different depending on bank or location because one of the banks I use which is only a regional bank whenever I need rolled coins they are brand new.
I will tell you this. I worked in a Branch for 10 years. I collected and still have so much silver coins and old bills, it’s crazy. Some bankers will go thru the coins to get what we can prior to letting them go out for a withdrawal.
I had a friend that worked at a gas station who was constantly taking his own money and putting it in the register to keep certain coins/bills....he had a killer collection. Wish I knew what I was looking for
"And still many so *MANY* (not much) silver coins"........if you worked in a bank but have bad grammar when speaking about money then I don't really believe you
@@photic9855 When it comes to tellers, they dont care about your grammar, they only care about if your clean looking, can count, and wont steal.
@Photic I work in a bank and we see silver coins and old bills often, but not as much as we used to since so many people hoard it all.
@@photic9855so what you saying is you aint believe she workin in bank as teller because on RUclips comment she didnt use proper grammar to make so Karenz lick u didnt get upset at her Is that what is your qualm is cuz Thiz person wasnt up to your standards as far as doing the spell checking and grammaring on RUclips so u cry at it
Well hear i make u a comment special jus 4u
Finding silver coin roll hunting has gotten really really difficult. I stopped doing it after 20 skunk boxes EACH of halves quarters & dimes. 60 boxes in a row with no silver at all.
i noticed since pandemic it is almost pointless to search half dollars
One mans trash.... is another mans treasure 40 years from now.
2062: "you have how many uncirculated..."
Agreed. They are low mintage. They made about 10M 2022 half dollars. Will eventually be a collectors item.
Hey at least you don’t have to roll them all back up!!! Lol
“I’d like to order 2,000 half dollars.”
“Alright here you go…”
“…☹️”
(Better luck next time though lol)
About 7 years ago I think I got skunked 4x in a row ordering 2 boxes, finding nothing at all. I kind of lost interest after that.
It's not exactly the bank's concern that you get valuable coins.
You should call the local armored car company. I was a branch manager at one in 2016-2020 and I could have helped you out. They might still do it. We held the coin vault for many large banks and would be able to tell before shipping it to the bank if they were old or new.
Thanks for watching everyone! This comment will answer the majority of questions / comments being left here... hope it help!
1) I am looking for circulated half dollars, and no I don't need to go to smaller banks and/or order smaller amounts. For years I was getting 10 boxes a week for live streams and they were always all circulated. I also use a number of different banks for picking them up as well as dumping them so I try and minimize getting the same coins all the time.
2) Yes... there are still Silver half dollars out there. We aren't looking for ones that have been there for years, those are long gone. Most Silver half dollars ended up in circulation recently when someone that doesn't know any better takes a bunch of change they had laying around, or were left when a loved one passed to a bank and deposits them. Of course we'd love to let them know not to do that, but it happens.
3) This isn't an exact exchange dollar for dollar... because of the large amount of half dollars I used to get, the banks did start imposing fees. Local banks don't get to order coins for free. Generally the coins they order are written off as a business expense and is just considered part of doing business. But when accounting sees a massive increase in coin ordering, they start asking questions, and the fees happen.
4) While I USED to search for half dollars to make money, I actually don't do that anymore. Whenever I do a CRH live stream, they are 100% free fun streams and the finds are given away to people in the chat during the live stream. Hopefully I start getting circulated halves again so we can get back to that, so don't forget to SUBSCRIBE!
YOU ROCK!
--Seeker
The way I pick up old coins is by going to small stores, 99 cent stores an supermarkets
I have a 1964 half dollar and a 250th anniversary George Washington half if your interested in purchase?
What year did you want???
@@pablogarcia9747 just circulated boxes in general
@@SilverSeeker have you opened all of them all because they have new on the top could possibly have circulated coins in the rolls
I just got a box of Anna May Wong, haven't bothered to open them.
I'm a lil perplexed on what to do. I suppose I can sell the box or individual rolls, or hunt em all for the few known errors.
Hard to tie up $500. like that, but at least I'm not getting charged for picking em up or bringing em back... yet.
Banks have caught on. My branch says they don't carry half dollars. I'm like, ??!!
my bank said the same thing..
He did mention they had to be ordered.
My bank threatened to call security on me.
No one but coin hunters want them at all. They're irrelevant and mostly out of circulation. Why would the bank stock them if they're just a liability and a waste of space
A while ago I went to my bank and bought them about out of half dollar rolls. Unfortunately I did not have a good luck. I found no silver. I did find a bunch of bicentennial ones which do not have any extra value, but it is still nice to have a few in my collection.
Good chance to find some new errors on those, the mint's have not been doing a great job with their quality control :-)
That's a good point
God forbid you have to actually put in time and effort to make some money.
@@dirtydan9941 Their entire niche is to sell the rolls and look for silver while hopefully being informative or entertaining.
His channel name is SilverSeeker...
Can't do any of those things with rolls of new coins.
I'm sure >some< of them sell the rolls, picks the silver out for those whom got the rolls, and then picks out the error coins etc. for themselves to keep or sell.
@@510Redneck I am more than aware redneck I'm just making a joke
hey bro, hopefully you see this
I found that if you go in smaller quantities, they might have them at the bank instead of ordering them
What did you think? Halves aren't really staying in circulation, so the banks aren't getting many old ones. The stores don't want halves or dollar coins because there's no where in the register drawer for them. I would expect a large order to be all new ones. It would be cheaper for the bank to make that happen. A coin "expert" should know.
In the UK it's a case of there are millions of new coins just sitting in the mint and no one is asking for them. No one wants the bigger 50p/£2 coins. The banks ignore them and shoppers don't like cash anymore.
The bank has no control of what you order beyond the denomination. The fed sends what is on hand.
As an armored cash transit guard that gets stuck lugging those around from bank to bank, please stahp with the money roll hunting, you're breaking our backs 🤣 🤣
Sorry:(
last year a lot of brand new 2022 halves were sent to banks. Now I just ask the bank tellers if any customers have brought in hand rolled halves, sometimes I'll get 500 bux of hand rolled :)
Sadly my banks don't deal with hand rolled, they all have the machines people dump into and then they're sent to brinks.
At least they are still minting coins. For a bit, it looked like they wanted to kill coins.
No silver in 2022 quarters.. He's looking for stackers.. 1964 quarters are 90% and 65-70 are 40%. They are considered "junk silver" because unlike silver rounds, they are only a percentage of silver. This is for those of you that really can't figure out why he would do this. Blessings to all.
Ya they wont be minting them at some point. The metals in the circulating change right now is valuable. It is deff a safe bet to keep your change and sit on it for 20 years. The remaining nickel and copper coins will surely be gone sooner than people think.
If your president and his crew have their way, there will be no more cash or coin in the very near future. They want to switch over to digital currency only, which will mean your money, your spending, and your income will be tracked and anything the govt decides you owe can be directly withdrawn. It'll also be tied to your credit rating, loans, child support, etc.and will be controlled by the government, making it possible to implement things like social credit systems like they have in China...meaning the government can cut off your access to credit, certain types of purchases, limit ability to travel, control discretionary spending, or limit it until obligations are paid, and deny your ability to purchase a home or car, etc. And they can control your access to your own money and what you spend it on based on behavior and political leanings, participating in unpopular speech or protests, etc.
@@invictusbp1prop143
Yup, but it is most nations who want that. That said, they wanted an Amero currency. They even minted the coins, but it didn't work out. They don't get everything they want.
@@owthattickles8738 a penny is worth almost 3cents in copper For a pre 1984 copper penny.
I would order another thousand. And I would pay for it with this one. They think they scared you away.
😂 yes
Their gonna order the same ones from the treasury if you guys want to go exchanging coins for the same coins go ahead and waste that money
Hopefully. Down with the scum trying to hack a legit fun system
@Blaise Dobson I use different banks and that's not really how that works. You have the right idea tho
Sounds a lot like that SNL skit about the Scotch tape store in a mall. Low, low profit margins. he makes his money on volume.
I don't make money doing this at all actually. I do this for the live stream viewers and I give all the finds away during live streams. Haven't been able to do one for a while since this has started to become the norm, hence my disappointment.
@@SilverSeeker I hear you. I used to work retail and was amazed when people used silver coins to buy stuff.
Most of the time now, the armored trucking company that supplies coins and paper monies, usually order new. New is desired more for most customers.
And fyi if you didn't know, most banks don't have their own main vault that supplies their branches any more. Companies like Brinks have taken over supply of monies to most banks.
These are wells Fargo boxes. But yes I'm well aware of that... thats what I want are sealed, circulated boxes.
I'd put serious money on the idea that the gov has told banks to hunt down and pull all old coins in an effort to lock up the silver.
Doubt it... but the Mint DID start producing half dollars for circulation again which is why we're likely seeing this now.
@@SilverSeeker Ah gotcha
@@SilverSeeker it makes sense to me
believe them changing the quarter back and thinning the silver and changing the penny back and thinning copper was a effort for the federal reserve to recoup materials
probably have a machine that scans the sides for the rest
look to see them thin the silver on dimes and changing the back to take the more valuable ones out of circulation
@@terranovarain6570 There are still plenty of Silver halves being found on other channels, and I myself between 2017 and 2021 found thousands of Silver half dollars. A few since then but I don't hunt near as often as I used to.
I just commented on that same idea. We all know they want us to be under their control.
Do you end up dumping them, or flipping them? I know there are some people out there who will pay a premium for BU modern clad. Not a lot, but they're out there.
Seeker, I watch all your videos, I believe. I think you do a good job with content and presentation. I really appreciate that you don't spend excessive time pushing subscription because most people watching you tube videos already know about subscribing - not all of them. I watched for a long time before subscribing to any so I know there are always people who haven't got the hang of it yet. Most importantly I can tell you appreciate my time because you are efficient with what you have to say. It's got to be challenging to get these videos ready. Thanks for having a great channel.
I had to give up hunting halves too. Both of my banks in my small town have the same 2 boxes I searched last year. No calls for halves so they wont order any.
I would try smaller, rural banks. You may only get a few rolls but they might pay off.
Is rather just buy silver tbh
English Please
wow- have never had that happen- what i recently got was two customer returned boxes of halves that they just re-taped up and gave me.
sorry man.
I understand your frustration. I got 3 rolls at a location where the cooperative teller had to go to the back and took about 45 seconds, a long time. I too was bummed. The I saw a channel where he looked at every coin, and I decided to break them. My second coin had a chip mark at the mouth of JFK.
Sit on them for a year. Errors will be found amd you could have a gold mine.
That’s actually solid advice! As long as you don’t need the money.
Nah bro these wont be a gold mine unless you stick them in a vault for 100 years and then bring them out when the majority of the coins have been used and worn and some get damaged, destroyed, lost, ect.
@@TheAnnoyingBoss it would depend on the errors, if there are millions of the same error then yeah. But if there are limited errors that increases the value. Old doesn’t mean valuable. Check out the banana sticker dollar.
@@TheAnnoyingBoss that makes zero sense dude. They will just be worth MORE money. That's not taking anything away from the value they'll already have. 1 quarter selling for $20, times the 100 rolls you have is 80k. 1 quarter selling for $20 times one roll is still $800. To have started with 25 cents? Sounds like a gold mine to me.
I know the designer of the bicentennial half! It was a contest and his initials are SGH, they’re on the coin.
While you won't find silver, some people are into high grade coins.
My wife is a banker and runs into this all the time. She says the real trick is to buy the bags of coins people bring to the bank. The tellers run the coin through a counter and bag them up to eventually be sent to the feds. Basically, make friends with the bank employees.
It would be exciting if the box was full of green tips!
Did you request recirc or old stock?
My bank charges me 5$ per box of coins. That's what killed it for me.
That's a rip off lol
Find One silver and you've mor3 that made that $5 back.
Find another bank
They need to make sure people don't have any money that has any actual value that cannot let us have anything that's worth anything gotta make sure that monopoly money is as good and worthless as possible. They started pulling all the silver coins out of circulation some time ago. I've got a roll of silver dollars my grandmother gave me for Christmas about 30 years ago. And to be honest the only reason I've had it this long is because it was a gift from her so it has sentimental value but if it wasn't a gift from my late grandmother I probably would have just bought the dumbest stuff like McDonald's with it. I'm sooo glad I never messed with any of my silver dolls she gave me. If I would've known how weird stuff was gonna get moving forward I probably would have been stacking up on them.
Silver coins weren't pulled out of circulation, they are hoarded by collectors.
Not too many niche communities get disappointed when something is shiny and new.
Lol so true!!!!
When the "coin shortage" happened the retail stores couldn't get quarters from the bank. So they started ordering half dollars to supplement. That's probably why they started making more half dollars
Yeah coin search is over. I've moved on from coin hunting with all coins from banks. Just not worth taking time for it. RUclips channels doing coin roll searching have ruined the hobby. My daughter in law works at a bank and they have stopped all getting coins unless you have a business account and even if you have a business account they limit what coinage you can get. Oh well Seeker glad you have moved on from searching coins.
Never knew they even still made these. I’ve never not once seen one on circulation in my entire life.
They're called NIFC'S meaning not intended for circulation so technically he isnt even suppose to be getting these
I'm 25, I've handled maybe 3-4 of these my entire life
I’ve seen thousands of these 50 cent pieces lmao
@@roycardenasiii1293 that doesn't mean anything.
@@roycardenasiii1293 wanna buy some
Hey look at the bright side. You could save these and in 30 years bust them out. BU UNCIRCULATED KENNEDYS 😂
this is why i stopped 13 months ago. an hour trip each way to and from the bank to pick up 6 boxes and getting nothing but 2021.. just now looking to get back into it
I really want to start half dollar coin hunting but this is one of the reasons I don’t.
I am a coin collector. I collect circulating US coins. I don't have any half dollars in my collection for this very reason. They don't circulate. I do have a few, but only a handful. I was showing my collection to some young people, and they were unaware that the US made a half dollar.
Could be double dies or an error somewhere. I have unopened rolls of 1974 pennies . I recently opened a couple and found that most have a obverse double die and errors on reverse. And they all look like proof coins( but they aren't) they so shiny.
1. Purchase a smaller amount at a time.
2. Go to a less busy bank branch.
3. Try small town branches where coins are more likely to be recycled.
4. Make friends with laundromat owners or food and beverage machine vendors.
None of that works for what I use these for. I pinned a comment explaining. :)
@@SilverSeeker ok
Gotta go to a small town bank.
Small Town banks still receive money from the same place.....lmao
@@_crablegs Correct! Good job Timmy. The banks you're comparing them to exchange at a far greater rate. Thus increasing the chance of a small town depository having old dirty money.
Go to rural towns and ask for what they have in the drawers.
With a gun
Half of all US money is less than 3 years old.
Now let that sink in.
It's been a few years since I've tried, but my local bank requires a business account before they will special order half dollars. I only ever get lucky when they happen to have a few rolls in the safe.
You will most likely find some error coins that no one knows about yet. You could be a pioneer! There is always positive to find in a situation.
What do you do with it if you don't want them? Do you return it to the bank or just spend it normally?
How do you get brand new Rolls? Whenever my bank orders half dollars for me, they are mixed dates and they told me they can't order anything specific. Is that your experience?
Any time the bank has to order the coins, they Wil be brand new, my mom works at a bank & all the $ they get, they turn in to the fed, then the fed fills their orders with new $. Yep, why I quit as well
There is a _coin shortage_ so old coins are no longer in circulation. It is A LOT more likely that if you place a coin order that you will get brand new coins from the mint.
There WAS a coin shortage, and that didn't really apply to half dollars since businesses don't really use them. That said, the Mint did start producing Half Dollars for circulation again in 2021... the first time since 2002. So you're partially right yes.
What sucks about coins that it feels that the majority of them never go up in value significantly, takes a longer time than paper. However what if you held them for 40 years, what would the value be being mostly uncirculated it appears?
Find a Bank that gets Brinks Black Roll Boxes. Never got any new boxes from Black roll boxes (yet)......
I have lol
@@PhantomSoldier07 bummer, wrong place wrong time. Keep searching!
@@Draylis64 for sure, tbh me and my dad thought the 2021s and 22s were all nifcs so we thought we got full boxes of those, we couldn’t afford to keep them all so we just kept like 5 or 6 roles.
@@PhantomSoldier07 Yea I've had quite a few of those boxes too! Just got to keep hunting! So Far my best box had 28 silvers in it.
@@Draylis64 my best is 56 silvers with 4 90%ers
I actually stopped doing this since it's time consuming and can be a waist.
coin roll hunting has appeared almost pointless since the pandemic began
@@videoluvr4204 exactly 💯
Waste
When my mother died, we found all her parents coins they collected about 40 1920's half dollars, and alot coins for 1890s. But still haven't got to do anything with them, been busy to bother with them still holding on to them when I can find time
Dude, this brought back memories of running to different banks to get rolls of nickels and pennies
Bummer man, sorry. Better luck on the next one !
So I don't know anything about coin collecting. I can totally understand how this can be frustrating, though. But what I want to know is, what do you do with this now? Can you just take the boxes back to the bank?
I’m from the UK and didn’t even realise you still used half dollar, when I last visited in 2018 I never saw a single one in my change.
I literally just started getting into roll hunting and of course all of a sudden the banks in my area let me know that they won't be ordering more and won't be accepting hand rolled half dollars back either. Wtf.
Which half dollars are more valuable? I know the silver ones before 1964 but any others to look for?
I just bought $100 worth of dimes from my bank and the same thing happened to me the last 2 times.. Coincidentally enough, it was also my first two times..
No no dude! There are coins in the middle, under the paper too😂
You don't buy money, you exchange money. You exchanged $1,000 dollars for $1,000 dollars
I exchanged $1014 for $1000 my friend.
I haven't found any 90% silver coins in circulation in forever. It's not even worth searching anymore. Time is valuable too.
Imagine buying $1000 worth of coins and subsequently getting exactly what you paid for. What kind of skullduggery is THAT?
Just keep buying bro, eventually you'll go through all the new inventory.
Half dollars? What on earth are half dollars? Does America have a .50 coin I've somehow never heard of?
Same happened with us in 2021. 4 straight boxes of 2021-D halves.
Well hey they’ll probably be worth a lot in about 150 years so just a little patience and it’ll pay off 🤣
Junk silver and spot silver is dead money. Old Silver Bar prices are at all time highs and rising.
There may be a few country banks in the sticks that haven't been hit. But I did that years ago. Roll hunting is pretty much dead.
We're looking for stuff that's been dumped in the last year. There likely isn't any Silver that's been put in circulation for more than a few years anymore.
@Silver Seeker so are you finding W and S proofs ? Not many Kennedy errors is there ?
@@hansmueller3029 Naw I don't look for errors, just Silver.
The bank ordered them for me
Yeah, from the mint dummie lol
That sucks. In my city, I haven't had this happen when getting boxes. I got my first 2022 today in a roll. I have a question, will you start making videos based on rip-off sellers based on Etsy or Marketplace ? I've been seeing many people selling regular clad1976 Bicentennial halves for $500 online.
Well looks like you just inflated the dollar for another thousand dollars😂
I just wait for the silver coins to show up at my job when making change in the tills. Found a lot of quarters both american and canadian and also a bunch of dimes even a mercury dime
My question is: when you get stuck with a bad box like that, how do you get rid of it?
You dump them at a different bank and annoy the crap out of them.
If nobody is actively using half dollars and the collectors are just vacuuming up every single one they do find, why do people think they're going to find any old ones with any regularity?
There are hundreds of millions of circulated half dollars out there lol. I used to get 10 boxes every week. This is happening because the US mint started releasing halves for circulation again.
No but you have no idea how many tens of thousands of people are sucking all the silver out of the system
With a haircut and pale greenish makeup you could be Herman Munster.
Isn't it possible to still get dye crack errors?
This is happening in all denominations. Not just halves
Take these back bank, it’s not what I ordered! 😅😂😅😂😅😂😅
You're supposed to order 666.50 worth of coins to get the silver.
Happened to me with pennies. 25 dollar habbit vs 1k lol. I had to take a break after getting too many new ones. Now back at it 2nd roll got a wheat. I have over $100 face value of wheat pennies over the years. Fun stuff
Pro tip, just ask the teller if they have any half dollars in their drawer. When I worked there, that's where we always put the silver ones to the side so we could buy them out at the end of the day from another teller. If a customer asked me if I had any I'd never lie though and would give them the silver one if that was all I had.
That's not what I'm looking for though... I left a pinned comment that explains what i do this for.
Take your quarters to a local laundry mat and ask the owners if you can swap
These are half dollars not quarters
Friend of mine was given an estate, house, to clean out, said he could keep all furniture.. Inside one of the dressers was a shock filled with 70-1oz .999 fine gold st. Gaudens American eagles.. Most were not good dates but this was back even gold was 1950 oz in 2012
It will be funny in 10 years you find out that they only print $1000 of coins and you had them all. Lol
being an armored truck driver, we cant stand when people do this shit. order a box of halves just to return them to the bank all lose for them to send back to the fed to be re rolled. all so you can find 1 real silver coin in every maybe 100 boxes of halves
WAY more than that friend... between 2017 and 2021 I found literally THOUSANDS of Silver half dollars hunting boxes.
I was recently in Ecuador and I've never seen so many half dollars in regular circulation. You'd actually be more surprised to get a $1 bill in your change than a half dollar.
Hunting for rare money is the weirdest thing.
You still might find a unicorn in there. You never know. At least you aren't losing money.
Lost 14 bucks but no big deal
On a positive note, you have laundry money for the next 15 years
You know any laundromats that take half dollars?