Debating quitting (Southern California)

[Yougot]

Anyone else in the area just getting constantly skunked on dimes/halves? It seems over half the dimes I get are 95% full of 2011's, and those that are not are around 75% 2001-2011.

Halves are producing about 1 40% per 2 boxes. And are becoming harder to dump, the BofA that would normally bag it for me are now taking handling fees of about 5%. They told me this after I dropped off 2k for them and they credited 1900 to my account.

They wont give the money back.

Search results for the past weekish

Dimes: $5,380
20 boxes: x5 90%'s
$380 CWR: x2 90%

Halves:
6 boxes: x1 1967


I don't know why but June/July has been as brutal as Jan/Feb for me.

Where did my Mar/May finds go!

 

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[Stang1968]

I've been getting skunk after skunk for a while now when it comes to dimes and halves. I've pretty much stick to cents for the time being. I haven't been hit with a deposit fee yet, but my dump bank stopped giving my coin bags in bulk; i have to get one at a time now.

 

[Gilmore Happy]

I am with you, HALVES SUCK right now! Skunk after skunk, not even worth posting. SCOFF

 

[Bigheed]

How far South are you Yougot? OC or San Diego? I'm in Los Angeles....somewhere....still producing here.

As for BofA just try another branch and don't ask them to bag the coins for you. Ask for the bags and fill all the information out, makes the tellers happy.

Bigheed

 

[SFBayArea]

Where are you in SoCal?

LA, OC, SD?

Last time I was in SD, the only 2 boxes of halves I got was one 40%er. Of course, it looked dark and so perhaps people overlooked it.

Maybe BigHeed drained the area.. lol

Don't give up on the dimes. I've gotten skunked on dimes before.. just don't do paper wrapped dimes or quarters. I don't know why people do. Clear plastic is easy to search. You could maybe do quarters also.. super easy to dump. Many times they will just accept it like $500 cash. They don't send them off to be counted because they can always use the quarters.

I've been skunked badly on halves too of late. Last 6 boxes I got one 40%er and that one looked like a clad with a lot of orange on the rim so someone overlooked that one too. I did get a 1958-D dime in the last two boxes. I did get some 2011's in one of the boxes but I dumped it. I did get a 1953-S quarter in a box of quarters 2 boxes ago.

Also did you ask a different BofA on dumping? Some places do it to discourage dumping. In reality they can charge for anything.. picking up or dumping. You just have to have a good relationship with your bank. I would protest the charge since they didn't disclose it to you before the dump. Just my opinion.

Watchout SD, I may be returning to the best place to live on the west coast in November.

 

[Bigheed]

Also did you ask a different BofA on dumping? Some places do it to discourage dumping. In reality they can charge for anything.. picking up or dumping. You just have to have a good relationship with your bank. I would protest the charge since they didn't disclose it to you before the dump. Just my opinion.

I agree with that. If its not posted or stated at the time of the transaction you are not supposed to be charged. I would keep escalating it to the manager and ask for his managers name etc if he denies you.

$100 isnt chump change by any means.

 

[Yougot]

OC, Irvine area is where I do the majority of my hunting.

Right now about 80% of my silver is coming through raiding estate sales for leftover sterling. But 75% of my time is spent searching through coins.

I have 2 more dump banks at credit unions, but that BofA was the only place that would let me bag it.

 

[Bigheed]

what kind of "ounceage" (i doubt thats a word) are you recovering at estate sales? I hit a few some weeks back and found a sterling fork for a dollar.

seems like you gotta find the ones that are "family run" , the ones that have a showing company do it of course weed out all the sterling and tag it real high.

 

[Yougot]

It varies really, the majority is buying the things that they forget to check. Salt and pepper shakers tend to have sterling caps, old hand brushes/mirrors as well have been very profitable. Glass vases/bowls that have sterling bases tend to show up about once every couple of good sales.

I just search craigslist for all the sales that start on Saturday, then make a map of how to best approach hitting all of the places.

Right now we have over 2.5 pounds of sterling silver, that cost us a total of $400 to collect.

 

[SFBayArea]

It varies really, the majority is buying the things that they forget to check. Salt and pepper shakers tend to have sterling caps, old hand brushes/mirrors as well have been very profitable. Glass vases/bowls that have sterling bases tend to show up about once every couple of good sales.

I just search craigslist for all the sales that start on Saturday, then make a map of how to best approach hitting all of the places.

Right now we have over 2.5 pounds of sterling silver, that cost us a total of $400 to collect.

How do you know if they are sterling? Is it required they say 925 on them? Couldn't they just be plated? Also where would you sell them?

 

[Yougot]

It says sterling on it... The trick is you have to know where to look, salt and pepper shakers will be at the base cap along the edges usually. For brushes/hand mirrors the sterling is usually printed where the handle meets.

We usually just take the sterling off and do whatever with the rest, unless it looks good enough to use. Then we just use it an "know its an investment"

As for selling, were not doing that yet. I am bullish silver in the long run and even though it might dip back to ~30 in the next few months. Physical silver is much harder to find than physical cash

 

[fistfulladirt]

I've tried numerous quitting programs, I always fail! I gotta say that all roll hunters must be collectors too; why else would you do this, there can be profit, but seriously, you won't become wealthy. ffd