Anyone else have problems with banks while returning coins?

Long story short... I hit coin roll hunting hard with about 2500 bucks in my pocket. Started at my bank, then went out to other branches of my large bank. Buying up half dollars if they had any "got almost 30 bucks worth SCORE, older large dollar coins if they had any..got like 6, and then got over 2400 bucks worth in rolled quarters and dimes. Went through em and pulled silver ones out, cashed rest back into my bank, no problems, pulled paper money back out and did another round "right away to avoid same coins being re rolled at the bank" did this 3 times in 1 day.. hit 11 different branches of my bank... cashed all non silver coins back in at my local branch. Well waited 2 days, stopped at my bank and asked for $500 box.... first time I was told sorry can't due to coin shortage and preference is being given to business customers at this time. I said oh ok thank you and made deposit of 2500 cash I pulled out to do coin roll hunting.

So does this sound like they caught on and are going to be giving me problems in the future of getting coins cuz for real I just traded in over 5,000 bucks worth of quarters in 2 days.. so I don't think my local branch has a shortage? Lol.
Anyone else hit local banks hard in 1 or 2 days? What was your result? Solutions?

 

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Yes, sounds like you did a boo boo. Always try to return to banks you did not get from and then switch around the opposite way.

 

Sounds like a plan to me.

 

The big banks don't do that, they send it off to their cash reserves for that.

Unless they're real dense, yeah.

 

I don’t do a lot of roll searching but I’ve never had a problem at my only bank.

 

Stop and think. Banks have overhead. Just the time for tellers to count, or run the coins through a machine, eats into their profits, so when it becomes obvious that you are taking advantage of their services, they will cut you off one way or another.

 

Many banks take in coins to send them out at the next exchange. Even if you re-roll the coins, they send them out for new coin. And this costs them money. As a result, they shut down patrons who do large buys and give backs. Especially silver stackers.

 

Sounds like you broke the unwritten rule "don't dump where you get" not the same branch or bank. Always get from who will give it to you and dump somewhere completely different.

It's not hard for your local banks to have taken notice of you coming for coin to various branches and then dumping coin on them also, and send an email to all branches. They have camera systems, a couple people tag you as a hassle, ask around, and next you know they all have you blacklisted for coin.

At one of my dumping banks the manager was waiting for me, walked to me as I entered the door and said he won't take coin from me anymore, take it somewhere else, and close my account if I don't like it. They didn't like taking a few hundred in quarters a week from me, by week 3 that happened.
If you get from chase, dump at BofA, if you get from wells Fargo, dump at chase,
Or add a credit union for a dump bank if they have a fee free machine.
For all they know you need the coin for a business or whatever and it doesn't come back, but if you take it and it reappears a week later, they have a lot of in and out counting to do because of you which they will cut you off from doing.

And generally banks don't want to see half dollars or dollar coins ever again if they give them to you, you have to get rid of them somewhere completely different and make it a competitor banks problem.

 

The boxes of coins are mainly intended for service of Business accounts such as Walmart , etc., which can be a more expensive account. Most of the coins will be more modern with almost no worth while value. You have a much better chance buying rolls on eBay to find anything of value than rolls which likely to be 2020-2022. Any variety will likely be extremely common. IMO, Jim