Question about Half Dollar Bags
 

I just got my dad into CRH. He has been on an unbelievable roll as of late. So far in less than $200 cashed in he has over $28 in 40% halves and $42.50 in 90% halves. I just spoke to him and he informed me that one of his banks has a $1,000 bag full of half dollars that has been sitting there for a very long time because they cannot circulate them or have any means to get rid of them. Which brings me to my question...how often can you actually find $1,000 bags of halves in banks and what are the chances of hitting some good silver. I always hear of boxes from the Fed or Brinks but not bags full of nothing but halves. Are $1,000 bank half dollar bags a rare find????

Re: Question about Half Dollar Bags
 

RUN don't walk to that bank and grab that bag!!! It will most likely have a bunch of silver in it unless tellers have been raiding it. Bags sometimes produce the best results and are hard to come by.:ok:

Re: Question about Half Dollar Bags
 

That was just my thought. Ive heard of many people ordering boxes which yield very little silver but I really havent heard of anyone actually finding a $1,000 bag of halves from a bank. As far as the tellers raiding it I doubt they are doing that because where my dad lives people are absolutely clueless about searching for halves, I mean having an almost 50% find ratio is awesome and to only think he's only bought about $200 worth of halves. They asked him if he wanted to take them and I think they would be rather happy since its been sitting at the bank vault for a long long time.

I really think he is in untouched territory, you cant just cash in less than $200 and find so much silver

Re: Question about Half Dollar Bags
 

Rare find, is an understatement!

Before monster Boxes there were BIG HEAVY (50+ lbs.) BAGS.

Now, if this is a $1000 bag of pre '65's, you may just have stumbled on to the find of your life.

If they are uncirculated, there is about 724 ozt. of SILVER in there.

Tell them you'll take them off their hands.

They just may give them to you at face value! (stranger things have happened).

Don't offer any numismatic or bullion information.

Other wise offer them no more than $6000 -6500.

But let them offer you a price.

Good Luck and above all let us know!

Maranatha,

:smile:

Re: Question about Half Dollar Bags
 

Holy Cow!!! I just read in a website that originally US mints shipped 90% coins in $1,000 face bags which means that the bag that bank has is probably pre-65 halves.

He's in luck since the bank has to sell it to him for face value. Problem is I dont think he has that much cash now and they wont let him take a fraction of the bag

Re: Question about Half Dollar Bags
 

wire sufficient funds to your father ASAP.
Do not waste further time posting here until after transaction is complete.

Re: Question about Half Dollar Bags
 

Yeah I wish I could do that but with Christmas coming it is rather tough...oh and a baby coming in about a week too. Either way he has said he has the funds for it. Im almost certain from all the information Ive read so far that the only thing possible in these bank $1,000 bags are 90% silver. They wont even let him seem the coins so it seems to me that this is a sealed mint bag of halves and they already said that they wont let him have a portion of it that he has to buy the whole bag

Re: Question about Half Dollar Bags
 

What's the name of the bank? :evilthoughts

Don't tell me, I'm only kidding.

Re: Question about Half Dollar Bags
 

Its not within the 48 states ;)

Re: Question about Half Dollar Bags
 

Dude........get on the corner and pimp out your services till you raise the FIAT.

The wife will understand.....(its juniors college fund)

That can be a score of over 10 grand easy.


T

Re: Question about Half Dollar Bags
 

These could be Franklins!

Possibly even Walker's!!!!

Can you say CHIT CHING?!!!!

Even if they are '64 Kennedy's, they'll be in good condition. Especially if they've just been sitting there all these years.

I found a half a bag of uncirculated '64 Kennedy's a while back and they looked like they were minted the day before.

Bottom line is a $1,000 for $6,878 worth of Silver is the best deal your Pop's has probably ever seen.

That would be a pretty good legacy for let's say ...A NEW GRANDCHILD (or his Pop!).

I hope this works out for you guys.

And, yes I am a bit envious.

Maranatha,

:smile:

Re: Question about Half Dollar Bags
 

Grab it, quick.....IF it contained all pre-65 halves, you could sell it to apmex for almost $8000, right now............NOT that I would, I'd hold on to it

Re: Question about Half Dollar Bags
 

I would totally make some story to get a 24 hour $1,000 loan from someone.
Worst case scenario is you have to pay the person back in halves.
You could tell them your making a wager that will either result in you getting your money back or being able to return the loan with a nice "thank you" premium.

Re: Question about Half Dollar Bags
 

I remember seeing unopened bank bags of halves selling on ebay a few months ago all from the same seller. They sold for $2000 to $3000. I kept track of the feedback. Some reported no silver. There is no guarantee that there is any silver included but at face value it's definitely worth the gamble.

Re: Question about Half Dollar Bags
 

Thats is EXACTLY what I was thinking....... You will get your money back in silver or in coins.

What is there to loose but to be inconvienced for about week with the money???

Man that would be a such a great treasure hunt story to share on the NET !!

You know what .............On second thought if you make a sweet score.......

Re: Question about Half Dollar Bags
 

Right an unopened mint bag of 90% silver coins sitting in this bank for 40 plus years. Smoke another one and see what else you can dream up. :4_8_4v:I would bet that they are crap halves from the 1980s and 1990s with maybe some
40%ers in there if your lucky. When I was seriously collecting halves there were days that I would look through $4000 to $5000 face. I would cash in $1000 bags to get more paper to buy more halves and I wasn't the only guy looking for silver in the banks.

Re: Question about Half Dollar Bags
 

I seriously doubt it is a full, sealed bag.

Re: Question about Half Dollar Bags
 

The chances of it being a sealed mint bag is slim, I mean how can it possibly be left in the vault for 40+ years however I do know for a fact that where my dad lives (its nowhere in the 50 states) there is not, if any people who search for half dollars. Reason I say this is because he has searched less than $200 worth and he is having over a 35% silver find rate. That is rather high considering that most people who search for halves via boxes only get a few keepers. Most of his finds have been 90%ers...if it is not a sealed bag but rather a collection of what people have turned in over the years then there is a very good chance he will find tons of silver, perhaps even a few hundred dollars face. There may be tons of coins that old people have dumped because they need cash and look at the as unusable coins.

Just from his find ratio in that area my thoughts are he will find tons of silver in it

Re: Question about Half Dollar Bags
 

You'll never know unless you try.

Re: Question about Half Dollar Bags
 

Like I said previously. STRANGER THINGS HAVE HAPPENED.

There is a pretty good chance that these are for real (especially in a small bank outside of the Continental 48).

If Pop's has concerns, tell him to bring someone with him that knows what an original sewn bag looks like.

You can't beat face value.

Either way, you loose nothing. You still have at least your original thousand dollars.

I think some of these guys posting are a little more envious than myself.

Go for it and Congratulations!

Maranatha,

:smile:

Re: Question about Half Dollar Bags
 

Thanks twenty4karat...I spoke to my dad for a second time last night and he will be picking them up over the weekend. Strange things can happen and I find it kind of odd that in his location the bank has $1,000 worth of half dollars in a bag. The problem now is that he cant even look at the bag since it is inside the bank's vault and I doubt an employee would bring the bag just for him to look at it. I guess he can have a teller find out what the bag says and if there are any dates on it which could give him a clue as to its contents.

Just to give you guys a clue as to what bank it is (and you can figure out which one it is) It is the largest and oldest bank in that country and was established there in 1893, this bank has more than than 200 branches in that country with only very few branches stateside.

Re: Question about Half Dollar Bags
 

:applause_:applause_:applause_:applause_:applause_ :applause_:applause_


Go for it............ little to loose and MUCH, MUCH to gain.


T

Re: Question about Half Dollar Bags
 

How about the next thing you let the bank hear is, "I'd like to buy that bag of halves you guys are supposed to have back there".
Any more and you might get someone more interested in the bag than you want them to be.

Re: Question about Half Dollar Bags
 

Most likely it's a bag of halves from their coin sorting machine, not from the mint. The chances are still good that there is silver in there though. If any old lady came in with coins, they could likely be in there. But a full pre-65 bag... as other have said, very unlikely. And I would say, don't go paying $5k for it unless you know for certain it's all silver. You should be getting this for face value to take it off their hands. Of course, this means your dad can't go returning it to this bank after it's searched.

Re: Question about Half Dollar Bags
 

And you are right my friend...to much questioning and it starts to raise suspicions however theyre probably looking at him funny that he wants a bag of halves thats been sitting there for a while. I mean jeez if nobody has ever stopped at that bank asking for halves and all of a suddent one person does that may raise an eyebrow or two.

Re: Question about Half Dollar Bags
 

Tell them you are going to use it as a surprise Xmas gift, HA..HA..HA..HA

Re: Question about Half Dollar Bags
 

Tell them you want to give them out as presents as you know a lot of people turning 50.

Re: Question about Half Dollar Bags
 

Tell them you are going to Vegas and want to play the 50 cent slots.

Re: Question about Half Dollar Bags
 

There's tons of casinos where he lives...I wonder if they have half dollar slots or if they use tokens

Re: Question about Half Dollar Bags
 

Tell them you play poker with the halves. When I get halves from my bank I tell the tellers that I like to play poker with real money, not tokens.

Re: Question about Half Dollar Bags
 

ok after reading this thread it got me interested in asking my bank about "bags" of half dollars. The lady told me she can order them. Now should i stress the issue of the halves being in bags or boxes? If they are in bags is there a greater chance of finding 40% silver?

any tips would be much appreciated.

Re: Question about Half Dollar Bags
 

From reading on several sites about bags instead of boxes it seems that the likelihood of finding silver is higher with bags than with boxes,

In a side note I spoke to my dad just now and the bank informed him that they would have to charge him a fee to take the bag, in addition they told him the bag weighs exactly 50 lbs. Now how would they know the exact weight unless of course it says it on the bag or they actually went out of their way to weigh the bag for my dad. Highly unlikely that they went out of their way to weigh the bag.

The more I hear about this bag the more I think it is an original US Mint bag of pre-1965 coins. Probability is slim but even if it is customer dumps the chance of finding silver is very good since people where he lives at, are not into searching for coins like many in the states do.

-Manny
Who loves searching for halves
{$}

Re: Question about Half Dollar Bags
 

EXACTLY 50 pounds will be something other than a sack of 90% halves. A sack of 90% weighs 57 Lbs. maso/meno.

Re: Question about Half Dollar Bags
 

A bag of cupronickel halves runs 49.9 pounds.

Re: Question about Half Dollar Bags
 

Then what could it possibly be??? I mean they told him it is nothing but halves so the only other option is that it is short. I guess Ill find out next week what this bag will yield but I have a good feeling my dad will find tons and tons of silva

Re: Question about Half Dollar Bags
 

So a bag of nothing but crap...and not even 1 single piece of silver???

Does the US Mint even send bags of halves anymore? I was under the impression that they stopped at 1965, the other option is half dollar coins from a coin service.

-Manny
Who is not fond of crap
{@}

Re: Question about Half Dollar Bags
 

Bank of Philippine Islands?

http://info.bpiexpressonline.com/bpi...mation/History

Re: Question about Half Dollar Bags
 

Did he ever pick up the bag? So what was the result? *suspense*

Re: Question about Half Dollar Bags
 

Some silver but otherwise crap...

2- 90%ers and 4- 40%ers

Needless to say he will stick to rolls from now on, unless of course the bag definitely shows to be a pre-1965 bag