20 More Rolls Of Kennedys From The Bank

ClarkOfKent

1 - 1967
1 - 1968
2 - 1969

What the heck... that's four more 40%ers than I had this morning.

Clark

Placid

So if you go back and get more in a week will they be the same coins rerolled?

MadMarty

I picked up $200 in Kennedy rolls last week, ZIP, NADA, ZILCH!!!. Looks like I'm going to have to go for the $500 ordered from Brinks next time!

IndianHeadMan

I was going to order $1000 worth from my bank, but at the last minute they decided to charge me a $10 shipping fee. That would only pay for itself if I found a half a dozen 64's even then maybe not. So I decided just to go buy a $10 coin I wanted.

Geoman

I play the roll game too. But you need to make sure you bring in the halves to a different branch, so you don't get the same ones again. What I actually do, is buy the rolls at US Bank, and turn the searched Kennedy's in tp a Wells Fargo. Haven't gotten a box of $500 yet from Wells Fargo, but am saving the money up for it. Will let you know the results. It would be interesting to compare the results with different parts of the US.

ClarkOfKent

I return them to a different bank branch, too. I took the last of what they had today. In fact, they had the rolls sitting in the "send this crap back to the fed" area.

Clark

TheBlackKnight

How do you contack Wells Fargo to obtain boxed rolls?

Will they bother dealing with the general public or do you have to know someone at a bank?

Ace

Usually, the person at the bank that you need to talk to has the title of Vault Manager. They can order whatever you want if you are a regular.

Agflyer

I've been reading about this pursuit of silver lately and had an idea. Is treasure hunting in casinos like at Las Vegas something that anyone has tried? What I wonder is, if you stick a hundred dollars in a 50 cent machine and cash out, are you likely to find any silver? If so, then this process could be repeated until satisfied. I know that some of the casinos use tokens instead of 50 cent coins, but I've also heard that places like Stateline still uses coins. Any thoughts to help with my curiousity?
Rick II

MadMarty

AGFLYER,
All the times I have been to Vegas I always look through Kennedy Rolls. Never found anything. I would say with the way coins there get recycled they are already picked over..

IndianHeadMan

I was in a casino in Vicksburg last weekend and hit the .50 slots. I probably had $600 worth of halves go through my hands. I found 8 60% ers. The key is to cash out when you win and to change slots after you hit a reasonable pot. I started with $20 was up to over $200 and ended up winning $80 by the time I had to go. The key was that I got lucky and hit a big pot so I played longer than $20 would typically go. Not bad for 4 hours of fun. Remember that 40%'re are not worth much more than face.


PS--- I just thought of something else to add. If you live close to a casino, just go buy big batches of halves, take them home and sort through them, then cash in at a bank or then go back for more. Until you get sick of it,

Loki

Hi,
I just received 2 old bank rolls of 1964 Kennedy Halves. By the looks of the rolls, I am assuming they are original and have never been opened. Old brown rolls from a bank in Cincinnati. Also, the end pieces are originally toned.

Would you say it's worth breaking these rolls to find out if any accented hairs or beautifully toned pieces are inside? Should I just leave them as is?? What would you do? Are these rolls more valuable left as is?

IvanOnly

I bought 1 roll today and got 2 68's.

ClarkOfKent

Loki,

Accented Hairs were only on proofs. I don't know what else you might find in them... I'm still learning.

Clark

Steve27

Agflyer,

I tried my luck at the Flamingo in Las Vegas last year. After inserting a $20 bill into the slot machine, I immediately cashed-out. The first time I tried it I got a 64, after several other tries I got one 69. I then bought rolls from a change person, they were all clad. I suspect you have to get them out of the machine before they're removed by the casino.

Loki

Thanks Clark. That was really the main reason why I even considered breaking the rolls. I will keep them intact as they are a neat addition to my collection just as they are.

JLW

I have had pretty fair luck with halves. Going to Vegas over Thanksgiving weekend and will spend a fair amount of time going through rolls, they are readily available everywhere. I have found a proof, some 64's and a lot of 40%ers! (The kind of gambling you can't lose on!)
Joe

howie08

Rick ; Everytime I go to Vegas , I get $ 100 worth of rolled Kennedys , from either a change booth or the cashiers cage. I then take them to my room and go through them , taking out any silver ( either 40% or 90 % ) . I then put the clad ones in a cup , take them down and cash them in and buy more rolls. I go through roughly $ 1000 worth every day , and average 2- 4 silver coins per every $ 100 searched , this past year , so they're still out there. Usually pretty beat and scratched , though.
Howie

FullyClad

Hi everyone. I've been viewing threads like this here for months now, and finally decided to chime in with my own experiences on "treasure hunting." Actually, I had always wondered exactly what the likelihood was of finding 40-90% silver halves at my local banks, when I came across a Treasure Hunt thread here this past July. I became friends with the merchant teller at a small country bank, and every other week she buzzes me in and then HELPS me to sort thru a bag of half dollars her bank accumulates from local business deposits! The bag usually contains $200-250 in halves and it takes us about 5 minutes to sift out an average of 3-6 40% clads. In return, I help her identify and value some of the coins she has collected from bank customers over the years. Every time I visit, she has new coins to show me from clueless customers who have deposited Morgans and Walkers among the loose change from their businesses (which she immediately buys from the bank for herself.) Of course, they are in circulated condition, but still have reasonable value. Just last week she was telling me that a customer deposited a roll mostly of Walkers that her and another teller eagerly split among themselves. Right now, she's still letting me "have" the 40% clads and I bring her stuffed toys in gratitude. Talk about great service at a bank where I don't even have an account! Yet...

From my experiences, I avoid any banks that do much business with local tribal casinos and the casinos themselves. Unlike some of the remarkable Las Vegas stories here, my experiences show that our local casinos apparently do too good a job of removing any silver before they exchange or make deposits. One question though: I have read that a large majority of 40% silver clads were melted in the late 70s-early 80s. So has any expert made an educated guess since then as to how many remain in circulation/collections now? Doesn't seem like we have exhausted all of what's out there just yet--but threads like this may move that process along rather quickly, eh? ...

cladking

Welcome aboard. Nice name.

I'm no expert, but most knowledgeable people agree that the degree of melting
of these coins has been exaggerated. Silver prices were very high only briefly and
all the refiners were backlogged with silver to be melted. It has been estimated
that only about 250 million ounces of coin were melted in '79 - '80 by US refiners.
This was largely confined to the types of coins that were removed from circulation
in the late '60's. Collectors did sell a great deal of coin as scrap during this period
so there were also large numbers of BU rolls.

The odd thing about the 40% is that there was more melting of BU rolls than there
was of the circulated coin. The collectors sold their coins for scrap and had very few
circs. The general population sold these to a lesser extent.