rolled coins

Discussion in 'Coin Chat' started by poggie26, Jan 19, 2007.

  1. Coinlover

    Coinlover The Coin Collector

    i didn't know those were spendable. i bet the cashier was happy!
     
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  3. Treashunt

    Treashunt The Other Frank

    Douglas:
    No, not the tellers, but they will then take your rolls and give them out to other customers (eg stores) and they don't want your account number on the roll.
     
  4. AdamL

    AdamL Well-Known Member

    Yes, they are legal tender. They technically wouldn't be coins if you couldn't spend them.
     
  5. Douglas

    Douglas Senior Member

    Friend Frank,

    So you're saying banks will take your rolls of 3/8 washers and give them to the local grocery store? You still won't let go of the notion that rolls turned in by John Q Public don't get cracked open at the bank.

    Thanks, Douglas
     
  6. mac10man

    mac10man Resident Packrat and mole

    It was a KID! I could see taking the dimes from an equal. But a KID. He could've been a new collector!
     
  7. ikes4ever

    ikes4ever Senior Member

    they dont. what bank has time to open every roll. once i demanded that the teller open a roll of SBA because it looked short. thats the only time i ever seen them count out a roll. it is true that the nys law has changed that you no longer have to provide an account number.once i had to wait about 20 mins while the teller crossed out every roll b/c someone put an acoount number on it $50 of pennies and $50 of nickels burned up the tellers marker. anyone else ever see a bank count out every roll they turned in?
     
  8. Speedy

    Speedy Researching Coins Supporter

    If he was he would have known better---lets face it guys---we all make mistakes in life--and we have to live with it---the banker was not in the wrong IMO....like most things in life we have to live and learn---the kid didn't go about learning about something and he paid a price---we have all done that...while it may not be fun it is a fact of life!

    Speedy
     
  9. harlan

    harlan Junior Member

    New member, first post.

    When I bring rolls to the bank, the tellers usually ask me to write my account number on the rolls. The teller does not break the rolls there to count the coins, but he or she places the roll in a bin to measure its length.
     
  10. Phoenix21

    Phoenix21 Well-Known Member

    I wasn't there, I didn't see what went on. I personally don't think the teller opened them in fron of the kid. I've turned in rolls and I have never seen them open any rolls at the bank. I'm sure they do later on, BUT we don't know if she did in front of him or not. He was probably long gone when she opened the rolls. Might not have been a member of that bank. I want to know WHY the kid didn't crack open the rolls before exchanging them. They were a gift from his grandmother. If I were im I'd have taken five min. to see what was in them. I don't know if he did or didn't, But if I were him and saw that they looked old, I would've gotten them checked out. I don't see where the teller is in the wrong. Now I'm hoping there isn't any anger between anyone on this board, because it seems like a nice board with nice people. I know it is. What is done is done, everyone makes mistakes. I bet his his grandmother probably asked the kid what did he do with the rolls. I could only see her fave when he tells her. Lol. (Personally, I like tellers that don't look throgh the rolls, makes it easier for me to find the goodies. I take pride I'm a cherrypicker lol.)

    Phoenix
     
  11. mac10man

    mac10man Resident Packrat and mole

    Lets just hope we can all find atleast one in our change!
     
  12. bprzyw

    bprzyw New Member

    Nice finds!!! I have been doing the same thing for several months. i get $500 in rolled coins every other day, when my wife and son go to bed, i go through them. have had several rolls of buffalo nickels, war nickels, a few 52-64 roosevelt dimes, and about 4 silver quarters. each time it is good feeling to find something. mostly though, nothing else. gives me something to do when i can't sleep. The bank tellers in my area won't give up the silver though.
     
  13. ikes4ever

    ikes4ever Senior Member

    today I searched
    $60 of halves 3 40%silver coins
    $80 nickels 1 silver nickel and my first buffolo nickel-1937
    $40 of dimes 1 1961 dime
     
  14. Troodon

    Troodon Coin Collector

    Kind of a once in a blue moon thing, but when I worked as a cashier at Sam's Club, it seems that silver dimes showed up a lot more than you'd expect. Over the course of about a year, I found about 14 silver dimes... sounds like a lot, but this is a year working almost full time at a very high volume membership warehouse, so we're not even talking 1% here. One of them was even a Mercury dime. During that same year, I also found a silver wartime nickel, and a buffalo nickel right out of the bank roll (it's in better condition than another I paid $5 for lol, and this one only cost me 5 cents!). Quite a lot of foreign coins got mixed in with US change too.

    Seeing other people posting about it, ocassionally I'd get my bank to order a box of half dollars, just to see what I'd find. In the average $500 box I'd find maybe about 5 or 6 silver half dollars, so figure an average succes rate of about 0.5%. Not a lot, but it's fun to do on ocassion. Usually don't have the cashflow handy to have $500 tied up in a box of half dollars but I try to do it on ocassion; the ones I don't keep I deposit at a different bank.
     
  15. BostonMike

    BostonMike Senior Member

    Do you need an account with a bank to request rolls?

    Usually I go to my own and get them in addition to my other transactions so i've never thought about it, but can i go to any bank and ask for $20-40 in a certain denomination with no probs? I want to try some of the banks in towns with an "older" population
     
  16. poggie26

    poggie26 New Member

    After finding out from all of you about rolled coins i went to my bank to cash a check and to get some dimes and quarters and in the tray for their change was 7 silver quarters i asked if i could have another 2 dollars worth and she just went into her tray and gave them to me,do not know if she even noticed it or not,kind of felt a little bad but i am sure she must not have collected them or she would have got them out,was this wrong,i never wanted to cheat anyone.
     
  17. ikes4ever

    ikes4ever Senior Member

    found a 1919 buffalo in a bank wraped nickel roll today
     
  18. Coinlover

    Coinlover The Coin Collector

    don't fell bad, if you would have told her they were silver she would just think who cares and give them out as change.
     
  19. Coinlover

    Coinlover The Coin Collector

    nice find! you gotta love those nickles!
     
  20. Phoenix21

    Phoenix21 Well-Known Member

    I wouldn't feel bad. You did the thing any collector would do. Even if she knew about them she probably wouldn't have cared. Nice find. What were their years?
     
  21. 65GT350

    65GT350 Member

    In general I'll find 1 silver dime in each $250 box. As far as half rolls, today I picked up $130 in halves and found 16 40%.

    65GT350
     
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