Denied a Silver Coin at Bank

No kidding. I once told a customer “hold on I’ll go print some more” when they got mad about it. He didn’t think that was funny.

Wasn’t my most patient moment.

 

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Wait a minute, are you saying they don't?

 

I stopped by my bank, they know I'm a collector, and the teller asked if I wanted any $2 bills. I said okay and she gave be two banded packs of them. That's 100 $2 bills. I'm going to get some funny looks when I spent the more worn ones.

 

Before I got into all these coins I had literally $350 in coins that I rolled up and took to the bank. I could now kick myself but didn’t know any better then. Now I’m asking my daughter who is a server at a local pizza place to bring home all the change she can get. What has happened to me?

 

You've caught the bug... I'm afraid there's no way to get rid of it!

 

My father used to go to the bank every holiday and get 100 dollar bills to give us for Christmas. Some times we got the "Christmas" bills, but usually we just got regular 100 dollar bills. Used to use them to hit the Christmas sales the week after Christmas. The hard part these days is trying to find a place that will actually TAKE a 100 or even a 50 dollar bills. A lot of places won't take them. I could NOT believe it when I went to use it to buy something that cost 80 or 90 dollars. Not like I wanted to buy something costing 5 bucks. They told me they didn't accept large bills. A lot of places have signs up saying they don't accept 50 or 100 dollar bills. So much for american currency. Amazes me every time it happens. Laura

 

Hey, Welcome to CT. Just saw someone use a $100 bill in the local 99.99 cent store. They are not uncommon around here since many people get paid in cash and don't have a checking account. I have heard them called "the poor man's checking account".

 

I think it just depends on the situation.

For a long time, $50 and $100 were stigmatized for being counterfeit risks. I honestly don't know how big of a risk they really were...but a lot of people were leery of them. I think some of that still exists despite all of the security features.

Remember, a private business can choose to accept payment in any form they desire. Just because the note is "legal tender" doesn't mean the merchant has to accept it. If someone tried to pay a bill at my office in rolls of cents I'd probably refuse to accept it and demand a different form. It's the same concept...although it can be annoying.

 

You expect me to believe you wouldn't LOVE to go through all of those...

 

Lol. Fair enough.

 

Never knew they had the right to refuse legal tender. Learn something new every day. Thanks. Laura ( I would go through the wheat pennies as well)

 

Any private business can refuse a form of payment...I don't know if that's true of the government.

 

Patient moment...hyuck hyuck

 

Sure. Their bank, their rules. If the teller does not want to give you the coin then the teller does not have to.

At what point did you start believing that you have certain "Rights" at a bank which happens to be a private business. Theonly real "tight" you have is the right to FDIC Coverage of "your" deposits. Other than that, they might as well be a 7/11.