Are you getting shorted when you bring your coins to the bank?

First of all, the bank in my town is so crooked that I bank out-of-state. 2nd, I always roll any change and spend it and no-one complains about being paid withs rolls of change. Only one place got a little unruly, the U.S. Post Office. Go figure...

 

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Older U.S. Coins and foreign coins sometimes get thrown into the "return" bin on the bottom of the auto-coin counters. I have reached in there a few times and pulled out foreign currency.

A gal I knew who cleaned banks said the bank employees would dump the "culls and garbage coins" into the trash bag near the coin counter because they weren't allowed to "take" anything from the machine because they'd get fired.

Over the course of 4-5 years she filled an entire Macanudo Cigar box with all kinds of interesting coins which she let me go through. I found an 1889 Morgan, several U.S. Commemoratives, various old tokens, and oodles of Silver foreign coins. We split the money I made selling those off for her. :hail:

I'm going to count my change before I go drop of sorted through pennies on Monday and I'll post what the machine counts.

Great post and article, thanks!

-baff.

 

Great, now I can't even take change in. I thought it was so nice not having to wrap it up. Guess it is another reason to always use my cash back card. Its nice to get back a few hundred dollars every year.

Lack

 

It's getting so bad with banks I've gone to using change for a lot of things I normally never did before. For example at a restaurant I frequent I pay for the bill with all change. Tips too are always just change. At a train station I give the train attendant piles of change for cash and it is usually appreciated.
Just can't trust banks no more.

 

Now that you mention it Carl, I use a lot of change at the food store and Home Depot self checkouts....:smile

 

....just curious. does home depot take the prez bucks too at the self checkouts?

 

That's a good question. Gonna have to try that out....

 

Funny that you mention this...

Yesterday, I took a whole bunch of change to the CoinStar and I think it shorted me several bucks... Ex, I coulda swore I counted out the just the quarters a few weeks back and I had like 37.00 worth and it said I had like 22.75 and I know I added to what I had before...

I was getting an Amazon_com credit, so I could order a few books on coins...

 

Here's your sign.....

 

Actually, check with your bank first. The bank I worked at didn't want customer rolled coins because they didn't want to get ripped off. If I received a customer roll, I would break it open and run it through the machine. I one time had a customer claim that I had shorted her on the change because she had counted like $10 more than the machine had (and the machine was located in the back out of her sight...so she claimed I had taken the money). Long story short, she left unhappy but the truth is...she must have missed counted because the machines don't lie. They are very accurate (not perfect, but very good).

Banks are stealing your change. They wouldn't make enough money to make it worth it and they are risking their business.

 

I put $13.41 in the coin counting machine at my credit union yesterday, and the receipt came out exactly correct.

 

You will find these machines a little forgiving

 

Or perhaps, after reading most of the responses, unforgiving?

 

What do you mean?

And I'm also going to ask what you mean for the other 4000 posts that you do every day?

Rant over.