TIP: For Coin Roll Hunters

joeykoins

Hi guys, many of you guys may know this already? For the ones that don't.
When visiting your bank/s for coins in the rolls and bank boxes. We hound dogs always worry when asking the teller for a certain denomination of bank boxes that we DON'T get back a whole box of uncirculated or circulated? Whatever the case may be? Well, I always ask for 30 rolls or 40 rolls. If you want more rolls, just go to additional banks. This way they have to come out with the roll trays containing the rolls. In plain sight of what your getting. It works 100% of the time. No more crossing your fingers or growing gray hairs over it. Although, the gray hairs are already showing.

Example

$600 or 100 Rolls
$100 of 50 rolls of Nickels
$500 of 50 rolls of Quarters
All circulated

Pretty Heavy Man! Lol

rec78

My bank orders from the federal reserve for me. I need to get two boxes per order min. This way I know I get unsearched rolls. I haven't gotten any uncirculated rolls yet. I am only getting 2 boxes per week now. In the future I plan to go to more banks and do the same. I did not know there were so many branches and so many banks! Only some banks take raw coins and only raw coins. The last branch I went to, they dumped all the coins into a counting machine and gave me my empty wrappers back. This bank has their own coin wrapping machine. If I asked for wrapped rolls here that they have on hand, I could just be recycling my own coins, and who knows how many times. But, i tired it this once and asked for dollar coins. This bank had rolled them and put a date stamp on them. Aug.20, 2020-about 8 months ago. I thought they must have been searched before and they were. I won't be getting any more coins at this branch, but they will be getting a lot of mine.

ricko

When I get half dollar rolls, I usually first scan the coin trays behind the tellers. Occasionally I spotted some recently turned in rolls. If none visible, I asked for customer rolled halves. Once in a while I took bank rolled halves...never any luck with them... Of course, I did not get them by the $1000's of dollars... Cheers, RickO

USSID17

@ricko said:
When I get half dollar rolls, I usually first scan the coin trays behind the tellers. Occasionally I spotted some recently turned in rolls. If none visible, I asked for customer rolled halves. Once in a while I took bank rolled halves...never any luck with them... Of course, I did not get them by the $1000's of dollars... Cheers, RickO

No sure if you're interested but if you do get bank rolled halves, make sure you look for these clad halves:

71-D, DDO
72, DDO
72-D, No FG
73-D, DDO
74-D, DDO
77-D, DDO
82, No FG

derryb

@rec78 said:
My bank orders from the federal reserve for me. I need to get two boxes per order min. This way I know I get unsearched rolls. I haven't gotten any uncirculated rolls yet. I am only getting 2 boxes per week now. In the future I plan to go to more banks and do the same. I did not know there were so many branches and so many banks! Only some banks take raw coins and only raw coins. The last branch I went to, they dumped all the coins into a counting machine and gave me my empty wrappers back. This bank has their own coin wrapping machine. If I asked for wrapped rolls here that they have on hand, I could just be recycling my own coins, and who knows how many times. But, i tired it this once and asked for dollar coins. This bank had rolled them and put a date stamp on them. Aug.20, 2020-about 8 months ago. I thought they must have been searched before and they were. I won't be getting any more coins at this branch, but they will be getting a lot of mine.

More than likely you are getting fresh rolls that came from the bank's contracted carrier. Very few, if any banks, get coins directly from the FED. The carriers, not the banks, will go to the FED for the new coins when their supply is low. Otherwise they re-roll existing coins in fresh wrappers and put them in sealed boxes. Most coins in fresh new bank rolls (Loomis, Brinks, etc.) are circulated coins. New, uncirculated coins normally make up most if not all of the roll they are found in. On the other hand, the presence of a few recent issues means the coins have already entered circulation and found their way back to the carrier. The reason a very limited number of older, circulated coins are found in rolls of new coins is because they were left over in the rolling machine tub when the new, fresh from the FED coins got dumped into the carrier's rolling machine tub.

derryb

@joeykoins said:

When visiting your bank/s for coins in the rolls and bank boxes. We hound dogs always worry when asking the teller for a certain denomination of bank boxes that we DON'T get back a whole box of uncirculated or circulated? Whatever the case may be? Well, I always ask for 30 rolls or 40 rolls. If you want more rolls, just go to additional banks. This way they have to come out with the roll trays containing the rolls. In plain sight of what your getting. It works 100% of the time. No more crossing your fingers or growing gray hairs over it. Although, the gray hairs are already showing.

And if they come out with trays containing what you don't want and you tell them "never mind" they are less likely to accommodate you the next time. Might as well just go ahead and ask for a full sealed box and keep everyone happy. My experience has shown that more than 95% of the sealed boxes I get contain circulated, armored carrier re-rolled coins. FWIW I usually pick up 15-20 sealed boxes a week, have been doing so since the first "W" quarters were released in 2019. I'm interested in the new coins and the ends of the rolls I remove from the sealed box are a good indicator of what the entire box holds. I can look at the ends of the box's top row of rolls and know if the box contains new or recycled coins. I then fill a box with the unopened rolls of obvious recycled coins and exchange it for another sealed box.

joeykoins

This falls in with the " to each his own" category. My tellers don't mind if I refuse any rolls. They're awesome. All Bank boxes don't have the luxury of having the holes on top. Some collectors desire new coins (like you, my friend), some only prefer mixed rolls, like yours truly. Donuts
and gift cards, helps ease the frustration of the bank tellers from us Cherry Pickers. Lol

derryb

FWIW I just take what I'm given, say "thank you," and open the box in the parking lot. If the enders are older coins, box gets traded at the next stop. If new coins, box goes home with me and searched. I have a CU branch and two bank branches that sell me boxes. Those boxes replenish what I search or get sold to one of the other branches that needs them. The tellers are thrilled to buy coins when they are running low.

Coinscratch

Also depends on what your searching. I’m usually searching cents and I specifically want customer wrapped rolls in hopes of finding older high grade coins.
If you’re searching quarters you want brand new rolls for Ws and high grades.

And while your at it do you have any half dollars or dollar coins

It’s become like a sales pitch for me. And just to prepare them for the coming onslaught I usually start off with, ‘Yes, I’m needing some coinage’.