Short Rolls ordered from banks

Discussion in 'Coin Chat' started by Fifty, May 31, 2010.

  1. Fifty

    Fifty Master Roll Searcher

    Anyone else get shorted when you order rolls to search. I have been keeping track and it seems like I am losing about $2 on each box of halves I order. I try and honestly roll all my coins. These rolls are machine rolled, that is what I don't get.

    Can anyone on here comment on how the coin rolling operations of banks and armored services work? I could see it being done on weight but that would only work consistently for nickels, dimes, and quarters (assuming the probablility of silver is extremely low). For pennies and halves the weight difference between metal compositions is too great. I have noticed that short rolls do sometimes contain silver. I had a roll last week that had two 1964's in it but was two coins short.
     
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  3. quartertapper

    quartertapper Numismatist

    I can honestly say that I have never been shorted (that I know) when getting rolls from my local bank. This may be something you should at least bring to your bank's attention. They very likely get these rolls from an outside source. They may take action if they find they are getting shorted routinely.
     
  4. u4ia

    u4ia Member

    Not shorted, but interesting thing; I once found a Canadian "Twonie" in a roll of halves, along with 20 halves, so it was a bonus :)
     
  5. Victor

    Victor Coin Collector

    I once found a nickel packed in a roll of halves. It took up the space of a half dollar. So I got cheated 45 cents.
     
  6. Just Carl

    Just Carl Numismatist

    One of the reason many banks are now refusing rolled coins. People are the culprits here. Good chance your getting what the bank gets from people. Many are doing this purposely. Some insert foreign coins, some washers, some just short a coin or two. Sounds petty but if your out of work and do this all the time, it adds up.
     
  7. bobbeth87

    bobbeth87 Coin Collector

    Yes, I've been shorted. I open all boxes of halves at the bank in front of the teller. This has saved me $21.50. Two of the boxes were short a roll, and one roll was short 3 coins in another box. My last box of halves I opened had a cent in one of the rolls costing me $.49, but a didn't mind since I found 25 silver halves in the box including 2 Franklins (my best box in while!).

    A couple of times, I've found dimes in cent rolls, so I think it all pretty much evens out. However, I do check all boxes at the teller window before leaving.

    :)

    bob
     
  8. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    I've had rolls from the boxes short a coin from time to time, but since I have had a 25-year relationship with my bank, they just take my word for it.

    The only oddity I ever got in a roll of half dollars was a brass token for the Seminole Car Wash. It came out of an OBW roll, so I was left to wonder how it got in there in the first place.

    Chris
     
  9. Numismatist47

    Numismatist47 New Member

    I know banks generally don't roll the majority of the coins, they get pre-rolled coins in from the Mint and Reserve. Customers bring in rolled coins from home, and must have their name on the roll. The only rolling banks might do is from their teller's tills.
     
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