Discussion in 'Coin Roll Hunting' started by Hellofthenorth, Feb 20, 2012.
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I think it is a science project from what I read here.
Here is a link about gold colored state quarters and how they are only worth face value.
I'd be willing to bet that teller could have lost her job for a 75¢ 'windfall'. Banks and Credit Unions are not in the business to turn profits on coins or currency. They receive a quarter, silver, gold plated or proof or MS, and they are required to release it for face value to the next requesting customer.
Very poor judgement on your teller friends part.
Banks are very strict with their procedures and I was wrong in my actions. I just didn't think at the time. I had just graduated from college and was 27. I was late graduating, due to my time in the army. Also, I quit the next week and went to work for the State of North Carolina.
Can anyone ID it for me.
Thank you so much
In better condition it would be valuable. 100,000 minted (assuming it's not the proof version) and in F it is $25. Prob worth $5-$10 to a collector.
I’ll check out the link
Got home and found that one penny was a 1928D wheat cent.
I took about $400 in Kennedy halves to the bank to put in their coin counter. A man ahead of me had a jar of Kennedy halves too. As he deposited them I thought I heard a couple of coins drop without being counted and told him. He insisted they open the machine and there were 2 of his coins. INSIDE THE MACHINE. Seems there were TWO reject trays inside where coins were not being returned to the owners.
When I finished depositing my coins I requested they open the machine. There sat 11 of my halves, not counted nor returned. And there were no defects in any of them.
I have since had many occasions where I’ve requested they open the machines and found many of my coins along with many others.
WHY SHOULD THERE BE INTERIOR REJECT TRAYS? It’s basically thievery. Damaged coins can be exchanged with the Federal Reserve and foreign coins can be used for currency exchanges. If you Google this there are a number of reports of tjis happening. A tv station used 14 bank coin counters and only one was accurate. A family saved $440 for a vacation and was only credited $404.
I’m happy some of you are on the receiving end of those devices. But if you’re depositing, be careful!
That was a very good year.
So weird how some stuff pops up.
Was it a coinstar or a different brand machine?
Just FYI 1910B ; Composition: Silver ; Fineness: 0.6000 ; Weight: 2.7100g ; ASW: 0.0523oz ; Melt Value: $1.14 (6/19/2022).
What do you think the purpose (if there is one) of that happening is?
Isn't that SS 10 cents silver?
Of course it is. The other Frank beat me to it.
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