Is this true that we can give back the coins to mint for cash?

Some of my friends collected a lot of coins, close to 0.5 ton. Now, they want to exchange these coins into cash. Can they just bring the coins to Bank for change?

It is better know that Mint has a plan for recycle coin.

What do you guys think?

 

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Most banks have an automated coin counting machine for customer use. If you have an account at that bank there is usually no fee involved. However, if you do not have an account be prepared to pay for the privilege of using their machine.

 

Half a ton?!? I've always wanted to see a Coin Star machine explode.

 

I hope they live in a country that hasn't demonetized its currency!

 

Thank you all. But it seems a big problem if they have a half ton coins or more. And mostly, they would continuously collect coins from others. ...Gosh! I think the banker will craze.

But actually, they can make money, because they were giving less money by check to get coins from others.

 

Thank you! Then it must be a mishear that Mint will recycle coins from public.

But it seems a big problem if they have a half ton coins or more. And mostly, they would continuously collect coins from others. ...Gosh! I think the banker will craze.

At first, they thought they can make money, because they were giving less money by check to get coins from others. But now, I'd better not join with them.

 

The Coin Star machine mass-a-cree...

Officer Opie:

"...kid we found your name on piece of paper
underneath about a half a ton of coins and an exploded
coin star machine. We were wondering if you had any
information about it....."

 

One of my old coworkers told me that this happened to them and they had to contact Garda ( a coin shipping company) and they were able to take them and process them for them.

 

Ooooo. Please expound upon the last bit of your reply!

 

why would you wait that long to take it in anyhow.saving for a car or a vacation or what.

 

I expect there would be 27 8x10 color glossy photographs with circles and arrows and a paragraph on the back explaining what each one was to be used in evidence......

And with any luck the judge would be blind. LOL

 

And aerial photographs.

"Yes sir Officer Opie. I put that
paper there." (or something
like that.)

 

A half ton is not that much. Open an account at a bank that will let you bring in bags for deposit into the account. That's easy to do. Take a bag in each day for deposit. In 20 or 30 days you should have it taken care of.

 

not saying it is just don't know why if it were me I would take it in and convert it unless it had collectible value.that's just me though if you want a ton of change to haul to the bank then so be it.

 

No the option for having your silver turned into coin ended in 1853. (you could have it coined into trade dollars 1873 to 78 as well) For gold I believe the option was open until 1933. You can have your silver and gold assayed and converted into bars, but not coins.

 

Well there it is...the proverbial federal loophole; "when practical and convenient". That's special secret government code for it isn't ever going to happen.

 

Uh O h evil:
http://www.google.com/url?sa=t&sour...nA7jh_3U_cT2xdq_A&sig2=a3HSKQLTzCazyI7CYnrONQ