Awesome Bank Find!!!

looks like your certification is going to be analyst in Coin talk

 

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just to clarify my opinion on this

 

I read the whole thread. I just think it's a shame the old woman wouldn't look at or know what she had before bringing it in. In the end it was her responsibility.
But, I would have had to let her know at least. Getting some wheat pennies or a couple silver quarters is one thing. A whole roll of these.... the situation goes up a notch.

I'm not going to speculate over her financial situation. But I think the OP should consider acting differently in the future. That could have been my grandma.

 

Congrats on the find and as for morals she could have know hell before my trip i went through all my loose change i put away for my spending money on trips and saw lots of american wheat cents and all sorts of stuff but i just stuck em into the rolls anyways lol. Oh and as for her needing money cuz shes cashing in rolled change, that woman is prob quite well done by as most people don't realize how much you can save by setting aside your loose change instead of just leaving it on a table n forgetting about it

 

We will never know if she knew for sure what was in the roll. But she was old enough to live through the change from silver to clad and know why we changed, so the chances she did not know they were silver is remote.
And like jaceravone said you can't have it both ways, is it up to the buyer/ bank employee to educate sellers / customers on how to optimize their returns?
I have found a couple rolls of halves at the bank that were full of silver, they had to get there somehow. And a bank is not a precious metals broker.

 

thank goodness some sanity in this thread

 

Yes, except that the thread that was sparked by this thread as had a couple TOTW nominations yet I have none. I wonder if I'm losing votes because I'm evil.

 

O clear and irreproachable conscience, how bitter is the sting of one small lapse!
-Dante

 

we need a sith lord here

 

you are not losing votes because you havent got any

 

Don't go to the Numismatic Ethics thread because I am getting slammed for arguing that someone else's lack of knowledge is my fair gain.....

You evildoers are forewarned....

muahahahaha

 

LOL, hey I posted to back you up. I don't know if you read it but I saw you were being slammed about your $20 to $5000 cherrypick story not being realistic so I tried to help you a true story of my own. Don't know if it helped though. :hug:

 

"I steal from old ladies. :whistle:"

Laugh it off. Old people often struggle to get along, with worries over high gas prices, high heating bills, medical and food bills and more. So what if you could have lightened her load a bit, at least you got a few ounces of silver out of it. Heck, you might make ONE HUNDRED DOLLARS!
I am surprised at how many people agree with your actions. How small that getting one over on an oldster is something that makes you proud of yourself?
Must be quite an ego trip...

 

Hmmm, and I don't. I'm only a part time employee who's going to school...I must get free gas, heating, food, and everything else. Only old people pay for that stuff. Plus, I work at a bank...that's B-A-N-K. You know, that place with the big safe where you get money for face value. Its not a coin shop, I'm not in the business of appraising. If she had asked me if I thought they were worth more than 50 cents each...I would have told her yes. She wanted to cash them in, she got face value.

As I have already stared, I am not selling them...they are going in my collection. Plus, if you really want to get into it...get your facts straight, its more than $100 profit IF I was selling.

 

Okay, then:

1) Why didn't you help her out and tell her what the coins were worth?
2) If you care about her, why is she in desperate financial straits?

Just a thought: why is it always some little old lady?

If it were a teenager, you would assume that he/she stole them?

If it were some little old man, then who cares?

enough.

 

It is kind of amazing how a lot of people assume that this poor ladie cashing in her coins was doing so to buy a hot meal or food for her starving cat's or something. people cash in coins all the time for lots of reasons. I would say most of the time because they want bills instead of loose change. If it weren't for people taking change to the bank, roll searchers would have a lot less fun.

 

I think its interesting how as soon as I told the story, how quick the lady aged. If you read my original post...I make no reference to her age. When I later told the story in more detail, I did mention she was an older lady...but never mentioned how old. So, therefore she must have been 90...destitute, and suffering for Alzheimer's.

The fact of the matter is...than an older lady might mean just that...but it might mean something else as well (at what point do YOU define being "older"...is it 50, 60, or 90). As someone already pointed out, if it had been a teenager would it have made a difference?

The reason I never gave a numerical number of her age is because I don't know. If you want me to guess, she was probably in her mid to later 60s and seemed fully capable of making a decision.

 

Some people could careless what they have, to them it is money only. I have a relative that back in the early 1980's cashed out a safe full of Morgan and Peace Dollars, even though she was told repeatedly that they were worth more than $1 each. She just insisted on taking them to the bank. So someone in some small bank in the upper Midwest hit the jackpot.

 

Moral of this story is don't share your finds -- keep your mouth shut

 

Yeah, well, you didn't tell us about her cane, either. Imagine that, a 90-year-old woman with Alzheimer's pushing around that shopping cart with all her belongings in it...with a cane.