Just got back from dumping coins at a few different TD Banks (don't want to overload any one bank!). The manager-type at the first bank was very friendly, directing me to a teller that had a silver dime. He also said he accumulates the foreign coins that are rejected, and he gave me the small handful that he had, including what was stuck to the magnet under the basket. Now at the other three banks, they all said they send the foreign coins back to the Fed. So I was just wondering, does anyone know if these banks get a credit (converted to US money) from the Fed for the foreign coinage? And if so, aren't they then making a (small) profit on the "free" counters? I guess that's not much different than me taking the coins from the reject slot myself, but still... Anyway, does anyone knows the story behind the story, if there is one?...thanks for any info...Jeff.
