Based on information from various sources, here’s a comprehensive approach to finding the best banks for coin roll hunting:
- Big Name, Broad Appeal Banks: Banks that cater to a wide range of customers, including small businesses, are more likely to have a higher volume of circulated coinage from various sources.
- Banks with Merchant Business: Banks that handle substantial amounts of deposits and withdrawals from businesses are ideal as some businesses receive more coins than needed and deposit them, while others require large amounts of change for their customers.
- Older Bank Branches: [According to Gainesville Coins] , older bank branches with long-standing clientele may be more likely to have less frequently circulated coins.
- Small Town Banks: These banks may not experience the same high turnover of coins as larger city branches, potentially holding older or less searched rolls, [notes the Great American Coin Company].
- Open an Account: Having an account with a bank may increase your chances of obtaining coin rolls, especially in larger quantities like boxes.
- Get to Know the Staff: Building a friendly rapport with the tellers and managers can lead to them being more accommodating to your coin roll requests. They may even be willing to set aside rolls for you or inform you of unusual coin deposits.
- Be Polite and Understanding: Remember that the tellers are doing you a favor, especially if you are not a regular customer. Be courteous and understanding, particularly if they are busy or if your request is unusual.
- Start Small: Begin by requesting a few rolls at a time to build rapport with the bank staff and understand their policies.
- Ask for Specific Denominations: If you’re looking for particular types of coins (e.g., halves or dollars), don’t hesitate to ask if they can order them for you.
- Inquire About Delivery Schedules: Knowing when the bank typically receives fresh coin shipments can help you time your visits for the best chances of finding unsearched rolls.
- Consider Ordering Boxes: For more serious coin roll hunting, you can order entire boxes of coins, though this will likely require advance notice and a good relationship with the bank.
- Try Multiple Banks and Branches: If one branch is unhelpful, try another branch of the same bank or a different bank altogether. Policies and attitudes can vary greatly.
- Avoid Returning to the Same Bank: To maintain a good relationship and ensure a fresh supply of rolls, return your searched coins to a different bank than where you obtained them.
- Use Coin Counting Machines: If your bank has a coin counting machine, this can be an easy way to deposit your coins after searching them.
- Self-Rolled Coins: Some banks may require you to roll your own coins before accepting them for deposit.
- Online Coin Roll Hunting Communities: Websites like TreasureNet.com and online forums like Reddit’s r/CRH are excellent places to learn more about the hobby, connect with other enthusiasts, and discover specific bank experiences in your area.
- Coin Reference Books: Guides like “The Official Red Book — A Guide Book of United States Coins” can help you identify valuable coins to look for during your hunts.
By following these tips and being persistent, you can increase your chances of finding banks that will readily supply you with coin rolls for your collecting endeavors. Remember to always be respectful of bank policies and staff, as this will go a long way in ensuring a positive experience.
Which banks will take rolled coins?
I can help with that. Most national banks, local banks and credit unions will accept coins in exchange for cash. However, policies and procedures vary by institution and location. For example, national banks like Chase and Capital One exchange pre-rolled coins for cash for account holders.
Where can I get coin rolls for hunting?
Banks remain the most reliable source for fresh rolls at face value, while estate sales and specialty dealers offer opportunities for vintage, potentially valuable rolls. For those interested in coin roll hunting, success comes from persistence, building relationships with sources, and understanding what to look for.
How to find if banks have certain rolls of coins?
Advanced Planning for Bank Wrapped Rolls
If you like to put away rolls of mint-state coins of types that are hard to find in full rolls, such as nickels and dimes, call your bank every couple of days and check to see if any mint rolls came in. Find out what day they usually get their Fed orders, and call that day.
What are the best coin rolls to hunt?
I can help with that. If your goal is to consistently find something at least a little above face value, then pennies will almost always deliver (ie Wheats), if your goal is to acquire Silver then War Nickels are probably the most consistent finds. If errors are your primary goal then Quarters are probably best.