Hello guys. I'm curious as to how much silver you find in half dollar rolls. The types of rolls and or producer of the rolls. Since @Bman33 lived in the Denver area I would also like your opinion on this topic. Also, do you guys think I would have a better chance of finding silver if I order 3 boxes for one trip or if I order 1 a week for three weeks. Or does it not make a difference. This week I decided to do a experiment by ordering 3 boxes at once. Thanks for your responses and I will let you know if it makes a difference!
@NLL I average two silvers per box. With all the skunks it knocks it down to two. The most I have gotten from one box is 18. My girlfriend has gotten over 40 silvers in a box 4 times. Order 3 boxes a week if you can. I do 4-6 boxes. The bulk approach gives better results. Back to the probability of halves in roles. The two per box thing is pretty uniform through our entire region. I've travelled all through out it and found the same results.
I'm interested in the results from String & Sons rolls. I think they are yellow and white wrappers. Anyone ?
I believe it's the same as Loomis and Brinks in your Region. They're all coming out of the same place.
First, ignore negative nellies. It does matter the quantity and frequency. More boxes more often. So I started out with two boxes and then decided to see if things were different if I increased the amount per week. My experience it made a huge difference. when I started this adventure in 2011 it was around 8 silvers per box, about one per 125 coins. It got really bad in the fall of 2015 where it was down to 1 per 297 coins. (yes, I kept stats). my current average is just above 1 per 250 coins so a little better. So if you spread it out over weeks you are going to potentially miss collection dumps. last year June to August I hit a collection that spanned multiple boxes, and multiple weeks, you can search back through the posts and find them. The way Loomis sorts and rolls coins is spreading out collections across multiple rolls and then boxes. etc. so by ordering say one box a week you may have gotten the first or last box of a collection, or the box just before a collection of silvers. Imagine sitting in a Loomis location a pallet of Half Dollar boxes (stop drooling), as your order is pulled you are likely to increase your odds by grabbing say four boxes a week than one box a week. As the pallet diminishes below a certain inventory level they may run bags of halfs turned in by banks, starting the process all over again. One other searcher I meet searches Brinks, his girl friend works for a branch and ask the Brinks driver to pull boxes from the bottom of a stack. He says he found 47 Walkers in one of those boxes, Could be true or not. My new tracking is more difficult because each Loomis location is identified by a four digit numbering system. My area happens to be 4597, but recently I have gotten unmarked boxes and boxes from other areas with other numbers. Meaning one of two things, they cant keep up with demand and are ordering from other locations or they have changed how they are distributing orders, I almost asked a Loomis driver the other day but most of the time they wont speak to you because of security. As you order boxes, note the four digit number and track how many you get from that location. Also, go to the Loomis website and check out where there locations are in your state, for instance Colorado has three Colorado Springs, Aurora and Grand Junction. they may have a central processing center or each branch processes their own coins, you tell if boxes have different numbers. so for my ordering frequency I have three branches of a particular bank within a five mile radius of my Credit Union, I get four boxes from each week. 8 on Tuesday's and 4 on Wednesday. Let me know how it goes.
Do you happen to know how much silver you have found this year? I have searched almost 100 boxes of halves and I have found only a few 90% and less than a roll 40% in the last 1 and a half.
Truble posted in another thread that he has collected 200oz of Silver from CRH this year. I have collected 50oz. I don't take stats on exactly how many boxes I do but it is usually 4-6 a week so that's probably around 142 boxes this year. Can you switch to a different branch to get your boxes?
I usually get my boxes from Wells Fargo and there is only one branch that is close to me that is willing to give me boxes. Plus money is an issue so at most I can get two to three boxes a week.
You do realize that String & Sons is only the manufacturer of those yellow and white paper rolls. They do not process or box the coin. Any silver can be "culled" in a number of places along its route. Newer coin machines can actually reject silver. I had a customer bring up $4.00 worth of 40% halves recently that the machine kicked back to them. Landed a further $1.00 a week later this same way. And then of course there are those of us tellers who know to keep an eye out for anything good. I have also heard that the courier services that do process and roll the coin, such as Brinks or Loomis, etc, pull it out as well. All of this on top of the fact that due to CRH, especially in the last several years, there just isn't much of anything left.
I broke 200 ounces this week. I will break the 300,000 coin mark next week. 288 boxes. That equates to an average of 4.69-40% silvers per box. over the last six year I would have to look back because I only started keeping track last year of specifics, but I m probably getting close to 700 ounces total. I think by all the posts I read I'm just in a good area. As for Loomis culling silvers, I had heard they were doing that when silver was in the upper 20s, but has not been my experience lately. I guess its a mixed blessing, silver prices go up, less coins to find, silver prices go down more coins to find less value.....they probably have figured out the cost-to-benefit price of culling silvers.
There is a finite number of silver coins in circulation. That number can not go up except when coins are stolen and spent at face value. Everyone who is searching millions of coins and pulling out a few silver half dollars here and there, just makes that number less and less. It is probably not even worth the time and expense now (gas, searching, dumping coins back into the system.) And this figure can only go lower and lower over time.
True that the number will continue to decline over time. The gas expense time thing was one reason I switched away from bank searches unless I am using company gas on an out of town trip, I'm only doing boxes searche's at this point. On my points of pick up and deposit are within a short distance of each other, so gas expense is reduced, I spend my lunch Hour searching and depositing. But for each person the expenses will dictate your ROI.