10 rolls, all customer wrapped. I get them for my poker buddies and like to go through them first. All 10 rolls had $9.60 in them. $9.50 in quarters and 2 nickels. A nice little scam with 40 cents profit per roll. The bank made good on the shortage. I think they know who deposited them and will go after him/her.
Wow, such a windfall profit of $4.00 for them on the 10 rolls. Probably gives them a break from panhandling.
my bank you have to take coins out of the roll and put through their coin counting machines. You get a receipt and then take that to the teller.
With interest rates at rock bottom and likely to stay there, a bank probably won't let a red cent get away.
One must be careful when buying customer rolls of dimes and quarters. Sometimes people like to fill dime rolls with cents or put cotton balls into quarter rolls. I haven't experienced these kinds of things before but I've been told about them.
Rather cynical and judgemental Dave........most folks here ain't like that. A few, yes, but the majority? No.
Perhaps I'm just amoral, unethical scum, but I imagine a difference between "intentionally defrauding another person or institution" and "getting a nice surprise".
You are so right. I have certainly experienced the "getting a nice surprise" aspect of coin roll hunting. I'll never forget the time I bought a roll of cents and it was filled with 58 dimes. Obviously, this worked well in my favor so I didn't take issue with it!
A few months ago they were training a newbie. I bought in about 20 mixed rolls and she said I needed to put my telephone number or SS# on each of them. I looked over at Liz ( my sweetie ) and said "really"? She pulled the new girl to the side and said " He's one of my favorite people, don't do that again". If I didn't already have a girlfriend there would be some definite romance going on there.
Man I absolutely hate people that do this. They probably justify it by telling themselves it doesn't mean much to the "big bad bank". The only problem is those rolls usually fall into other customer's hands. This is one instance where I wish I was a teller. If someone was doing this repeatedly and we were on to them I would open the rolls in front of them the next time they came in and embarrass them.
I've had this happen and in my experience, IF a bank has a coin counter on hand (Most Don't) then they'll run the coins through the counter. I had one bank charge me a 5% fee just for the privilege of "them" counting the coins! Never went back there again. NTW, that was the same bank that gave me a huge steaming pile of baloney about my son's School Savings Account!
I don't think that the roll has to be opened since running your finger along the long edge of the roll would indicate the presence of small coins within the roll. IF that were suspected, then opening the roll would be warranted and then seeking an explanation from the "customer".
People have taken a round metal pipe the size of a quarter, glue a quarter to each end, put it in a paper roll and then go to a convenience store and spend it as $10 or get cash for it.
I bet that would instantly feel different in even an inexperienced persons hand. By weight distribution and the feel of a solid smooth element instead of a lumpy corrugated feel.
Coin machines and banks round here charge 10% or more. I didn't use those. Ill have to open another account so I don't end up dumping where I eat! Or so to speak.
Where I live I find occasional cents in nickel rolls, occasional cents stuffed into dime rolls but quite a few dimes masquerading as cents in cent rolls. So someone, probably an elderly local is mixing coins up.
