Finally the 6 box skunk streak ends!! I picked up 3 boxes today from a bank I've never hit before out of Town and the last box had a few enders and was loaded with silver 36 40%, 6 90% for a total of 21 face and I had confirmed 5 enders but there was a Total of 6 enders one didn't even look like silver. And it was a box I have never even seen before I don't think it's brinks Any Ideas on the company?
Wow! I've been asking around for halves but none of our banks carry them So, I've been relegated to getting maybe $2-$3 at a time, whatever the bank has when I pop in. I've had a couple 40 percenters, but nothing else. Couple of Ike's too.
Retail operations no longer place change orders with banks for half and dollar coins. There's no need for them...99.99% customers dont want them. That said banks do not order them from the fed. With most transactions being electronic money as such sits in FRB branch location stacked up in bags. One complete vault in Baltimore Federal Reserve branch is packed to door with dollar coin's no one wants.
I could not find a recent article about that - the one I came up with was from 2011. The DC metro uses dollar coins - out of all the Federal Reserve banks and branches, I would think one that close to DC would cycle through some dollar coins. Obviously the answer would be to eliminate the paper dollar, like other civilized nations. But with all that said, not sure what this has to do with roll searching. Nice box @Newbee03 !
I thought I was the only one!!I know right?congrats @Newbee03 i haven't been able to get any half dollars in months.
The Main bank is E-5 Richmond Va...100 mile south of D.C. Baltimore is just a branch bank. And have moved from the original location my father worked for 47 years. Right after he retired iin 1974 they move the non cash collections to a county location which by now is probably closed as checks no longer need to clear though the system. They built a location closer to the harbour. With underground vaults . Which makes me wonder why you build something as such so close to the harbour. As there's buildings whos foundations are in the harbour. And high tide and a full moon causing flooding. But yeah I don't understand why we are minting money that will never be used. As a collector I have mixed feelings about doing aways with...cents,fifty cent and dollar coins. However lets face it ....we are closer now than ever going cash less. Retail in 10 years will only be empty parking lots.
A lot of retail is already empty parking lots -- but some of what's left has staying power, and I expect some people smarter and more ambitious than me will come up with new successful models.
There will be changes and adaptations to be made but there will always be a place for physical retail locations. Retail in California, in particular, still has a massive following. Ontario Mills in Ontario gets jam-packed in the afternoon, evenings, and all day on weekends. You can easily park before opening and come outside to a full parking lot that is hard to recognize. Victoria Mills in Rancho Cucamonga likewise gets packed. And the Promenade Mall in Temecula gets very busy as well. The movie theaters at these locations are also super busy and get packed. Don't believe everything that is put out by the media. The media loves to sensationalize, exaggerate, be downtrodden, and paint a picture that is not necessarily accurate (often in large part because article writers get sponsored and encouraged to write such articles by corporations and companies whose sole focus is to sell online). Yeah. I'm sure a lot of retail areas will change and have empty parking spaces but people still enjoy shopping in person and being able to try on shoes before they buy them. And cash will still have its place for the foreseeable future because physical retailers quietly enjoy saving on the fees that come with using card.
Let me say first that I spent over 50 years in the food business...I have a degree in food science,as well retail mangerment. I spent better part of 30 years at the helm of food stores...so I believe that I have a little more insight on the subject. Retail is dying! It will be gone completely in 10 to 15 years. I've worked both sides of the business ...retail as well wholesale. Stores at present cannot get or keep help...i had these issues years ago trying to man and maintain a 500,000 sq ft store. Having seen this first hand there was a time that to be hired one needed to pass a back ground as well drug testing....well they may look and see if your a serial killer...as for the drugs no more...as they need help so bad that a drug screening showing the use of pot is now swept under the rug. Since 2006 I've worked the whole sale side... one of the biggest give me's on any contract between a store and a whole sale company....is HELP! Based on sales each wholesaler offers support as if they didn't their products would sit. Never being handeled or stocked. Anyone in the know of these two sides of the business...knows the end is near. Companies no longer want FT help cannot get it to begin with... they dont want to pay a liveable wage or benfits...pensions ha ha ha ! That word might as well be removed from Webster. You can say,post and believe ...anything you like....but the truth is retail is DOA and will never be the same. I've sat in business meetings, with Pesidents,VP's....etc..of both sides of the business and I can assure you....this has and is being prepared for....the end of retail. Now farm stores, and 7/11's ..etc..may still be operating. However your major food ,and retail chains will be selling from a wearhouse and their goods delivered to you! I've been in the food business since age 12....next month I'll be 69.... I help open the first computer check out store in "the world "in 1974.... And truly hate to ring his own bell...but you have no idea...of whats about to transpire in the retail world. Malls are dead! Us old farts are dying off and the generation now wants it now...they want it fast....they don't want to waste their time shopping....and do not mind paying someone else...or the cost. So believe what you like ...57 years in retail food and wholesale operations I believe I have the inside track. Either that or I spent way to many hours in meetings discussing this very subject with those whom are making it happen.
I also like to address your comment on "cash." Again you have no clue.... what would you say that a food store in a middle class neighborhood takes in a week in sales? And of that amount is paid with cash? <10% ...90 % of all retail transactions are credit,debit card, EBT's Government assistance, couponds , checks. And now pay by check...you write it they take it run it through the terminal and hand you back a reciept and your check.... Cash orders...lol I place orders years ago for my store needs...singles ,half dollars ,quarters,dimes,nickels,cents... I get a delivery and my office girl spend an hour checking it in and dropping in the safe. Now a days a store orders ones, quarters,dimes,nickels,and cents. As the company doesnt want excess cash in store...robbery,and no need to keep a full bank for only <10% of your business. I've watched the company whom I was a meat cutter for... no longer have a butcher on staff! All their meats are factory cut, packed,and shipped . They have 1 staffer who stocks and pulls out of date product.....no meat cutter at all... I was in a store and it was around fathers day ...the person who was in charged of the meat dept. Told me he had over 7 request for a standing crown rib roast....and had to tell the customer he couldn't take care of their request.....we are talking a 60 to 90 $ piece of meat... that is no longer available because theres no meat cutter in store.
And one other point ...I know Ontario Mills mall, as when I worked for the Irish Dairy board aka Kerry gold...we had an office in your location. I also been to Sawgrass mills, Ft Lauderdale Fl. and live <9 mile of Anundel Mills Mall. These malls have extremely high turn over in the stores or companies that take space in the mall. Most have no major anchor stores ,and those who do seems never last long. I actually live 3 miiles from site of the very 1st mall in the US....no longer a mall...but a shopping center that does less business than Thom McCans shoe store at this location ... did back in the 70's! The mills mall here is a hot bed for crime and i give it <5 years! Every week theres a issue at the location and a lot of customers are boycotting due to. https://en.m.wikipedia.org/wiki/Harundale_Mall
I don't know why anyone carries halves. No one uses them to pay for anything. They are too large to carry around. It's costing the banks money to keep ordering them just for the CRH's to search through them and dump them. They keep minting them but it's a pointless coin. 99% of people would rather carry 2 quarters than 1 half. Some of the slots on the self serve machines aren't large enough to take halves. We are just kidding ourselves with this dinosaur coin. Nice Franklin.
99% of cash paying customers do not want or will not accept large coins or dollar coins in change. I had a customer report a cashier who gave her coins in change. She was out of singles...waiting to have the cash office give her another 50 ones pk. So she wouldn't hold up the customer she gave her coins....and was reported for doing so.
The dollar coins are not so bad because it's just a slightly large quarter, but again there's no real way to spend them, especially in the self serve machines which don't take anything larger than a quarter. While it has been shown it's probably more economically sound to get rid of dollar bills and just use coins (a dollar coin while it costs more to produce can last for 30 years, 100 years, the dollar bill gets worn very quickly and has to be replaced). This opens the door for 2 dollar coins and 5 dollar coins and they could stop printing billions of 1's, 2's and 5's. But you have to convince people psychologically to carry these coins, and then you have to retrofit everything. Tolls, self serve machines, vending machines, etc. A dollar really doesn't buy anything anymore and yet we are carrying around a dozen of these notes most times, when a combination of a few coins will handle most transactions with larger bills.
Cash is King, and will always be. Don't let the hype and false reporting change your mind. Nobody is going to go full online retail, we live in a society that wants in the now. Not 2 to 3 days or a week from now. I laugh at all the different agendas people push, and here is another. If I need my furnace fixed, or anything household, even vehicle related, It can be fixed today, because of retail establishments, thats not going to change. It is also foolish to believe that the retail establishment is going to make you wait. Some may want this to fill their agenda, but it just isn't going to happen.
I know the Harris-Teeter supermarkets here still have a meat department, and there are usually at least two people cutting meat in it when I'm there. (I rarely buy fresh meat myself, though, so I don't interact with them.) Sprouts has one or two people behind the counter, too. Not sure about Food Lion, I mostly avoid their meat department. Aldi, of course, gets everything prepackaged. Aldi would love to take over the market from fuller-service grocers, but I don't see it happening. Harris-Teeter can apparently maintain their customer base with prices 20% higher than competitors on common items; there's no need for them to cut back. (And the self-checkouts at H-T still accept half dollar coins. )
Over the years I work quite a few retail foot prints. In my home State as well NC, Fl, Il, Tx, Co. Va,Wv, Ga. Just to name a few. The company that I worked for Giant Food of Landover made a name for itself in the 50 & 60's that by the 70's they only made 1 cent on ever dollar spent...but out preformed the competition to the point that A&P, Pantry Pride, Food Fair, Safeway, all lost their customer base. In 1974 Giant was the first to build a super market along with IBM that was the first computer check out store in the world! Food journals had the company on their front page for over a year...and the above food stoes I listed wanted to be Giant Food. And we only had locations in Va. D.C. & Md. We out gunned companies in sales that were nation wide . However everything always has a beginning and a end.... and when the son of our founder passed...the family was done....as it was a family business but we the employees could buy stock. They put us up for sale and a Dutch company Royal Ahold and Stansburry from the UK made the purchase...as neither could buy it alone. Standburry was bought out by Ahold....and the company began to change....big time! They came in and put another US owned food store over us from New England. Shop n Stop. Because they had more locations...not a smart move as they were clueless as to doing business in the mid Atlantic. They tried to run us like they did their operations in NE. However were clueless as to the demographics, And what would and wouldn't work. Many of us left the company as we could see the writting on the wall. Then the most ridiculous thing that anyone could do..but sell off bits and pieces of the company to increase their numbers but help take down a Giant in the industry. We had..over 120 locations that were placed 5 miles apart keeping the competition out of our area. We owned our own Dairy, Bakery, Floral wearhouse, our main Wearhouse, a soda pop bottling plant, We had our own maintenance and refrigeration service,our own pest control, and many more parts that our founder wanted to give his customers the best value and service out their! However Ahold sold off everything! Not wanting to pay workers benfits and pensions. Pat Sayjack of the wheel of Fortune had us make his wedding cake as well flowers for the service. The blanket of Black Eyed Susans layed over the winning horse of the second jewel or the triple crown came from our florists wearhouse. Now no longer the #1 as they had a customer base that was catered to...and now thats gone. At one time we had 7 meat cutters in each store...3 or more in store from 6 am to 10 pm daily. Shifts rotated to fit business needs. Now there is 1 and they dont cut ...anything or grind beef...they merchandise on and off. Its very sad for us old clerks and cutters to see a company many of us spent 30 plus years....be destroyed...esspecially when we built it. In 2006 I retired..with almost 40 years...and went to work for the Irish Dairy board...aka Kerry Gold.....I was done watching a Giant FALL!
They opened a Giant Foods near my home town in the 70s, it didn't last long. The huge 40' tall giant that stood out front with big paper grocery bags in each arm, is now holding scantly clad girls in front of a strip joint in another town. I am willing to bet my bottom dollar that they take cash there though it may be a challenge to keep up with a 50 cent piece.
That wasnt Giant of Landover Md/D.C. there were other smaller stores named Giant most out of Handover Pa. They at that time two different companies now since being purchased by Ahold the two are linked by Ahold but still run separately.