I was in a different area of town today and stopped off at a bank. They didn't have anything I asked for, so I asked for anything old. Are you ready for this? It will make you ill. The teller told me that a lady brought in 350 "dollar coins" because her coin collecting husband just died and she wanted to get rid of them. She said they were all dated in the 1880s, 1890s. She didn't want them so she sent them to the central vault YESTERDAY :desk:. I then rushed home and tried to call the bank's Houston vault and they told me there was no way to track or retreive them. I could have had 350 Morgans for $350 had I been there one day earlier. :headbang: I'm gonna be sick....
That is, assuming the story was even true. I've seen people mess with people far too many times. Maybe the teller gets irked when guys like you come in asking for stuff? Some people are just like that. That would have been a major event for a normal, boring day at a bank. I refuse to believe two or more people would be that stupid. Somebody at the bank would have been buying them. It sounds like a fabricated story to me.
While reading your post I got that puke taste in my throat just thinking about 350 Morgans slipping through your fingers...
Bob wrote, "I could have had 350 Morgans for $350 had I been there one day earlier." Cheer up, they probably werent morgans anyway, they were probably flowing hair dollars seated libs or gold dollars. feel better now? This is why I am reccomending a survivors list for collectors, just make a list of your assets and also who to contact to sell to in case you pass away.
She seemed pretty sincere, and pretty ignorant as well. While asking for older coins, they said they had "golden dollars," and through the conversation it seemed like she had no knowledge of coins. I wish I didn't believe her, then this knot in my stomach would go away....
OR, if they ever even existed (as I stated above) they could have been Chinese fakes and an old lady found another way to put food on the table.
Tellers can "buy" coins from their own or other teller's cash drawers. They have to have to have another teller witness the transaction. My wife has been in banking (branches) for 20+ years.. Picked me up more than a few goodies over the years...
A regular teller I highly doubt, but the banks head tellers usually can send stuff to the main central bank vault or order stuff from the central vault. That was my experience from when I worked in a bank many years ago. I know when I worked at that bank people would bring in stuff to cash in for face value and I would be dumbfounded at what people cashed in. Saw so many old coins that you wouldnt believe it, unfortunately this was before I was heavily into coin collecting. We also had one old lady who brought in her deceased husbands wheats, walker/franklin halves, and various other coinage. I simply told her that she would get way more than face value if she went to a local coin dealer and sold them (the most reputable local dealer that I knew and did business with). She proceeded to do just that and pocketed about $3000 on probably $600 in face value coins. She came in a week later and thanked me for my advice. Scared me to think what may have happened had another less knowledgeable teller waited on her. I could have been greedy I suppose and just cashed them in and had them held for me to buy but I knew better. In these tough times it makes me sick to think how many old people are doing this just to put food on the table or pay whatever various expenses they have.
The teller was just pulling your leg! The dollar coins were actually those unpopular Susan B's from 1980. Do you feel any better now?
i hope so...... i'm telling myself she made a mistake, otherwise, i'd continue to be sick about it.....lol
tell them to get you as many dollar coins as they possibly can, then see if you get any of those. Say you want 1000 dollar coins, who knows maybe you will get some of them
The tellers probably get so sick of people coming every 10 minutes asking for 2009 nickels and dimes. I can just see them sitting around the break table swapping stories.... "You should have seen the look on the guy that came in this morning. I told him we took in 350 Morgan dollars and sent them downtown! He turned three shades of pale! Friggin' hilarious!"