Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

Strategy Of Finding Old And Profitable Coins

Monday, April 23, 2012 - 6:01 AM
If you like treasure hunts, there's a way you can profit from your credit union or bank. As explained in this Mighty Bargain Hunter post, some people withdraw coins in bulk from their bank accounts and search for old coins that are worth much more than face value due to their silver content.

You can see the intrinsic values of old coins at One example is the pre-1965 Washington Quarter that has a value of over $5.

My brother is in good terms with the tellers of his local credit union, and they often hold on to old coins for him. In the economic downturn, many of the credit union members in need of money have been depositing their coins. So there has been a recent uptick in the circulation of old coins.

It's not easy money, but this is one more way to get the most out of your bank or credit union.
Ken TuminKen Tumin5,473 posts since
Nov 29, 2009
Rep Points: 125,800