Message:

<p>[QUOTE=&quot;gboulton, post: 1024571, member: 27043&quot;]Bicen S is a nice find!&nbsp; San Fran issued a clad (normal composition) proof AND a silver proof that year.&nbsp; Either is a nice spot to fill if you&#039;re putting togther a set, and not common to find in circulating rolls.&nbsp; <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>As for the bank and Loomis...here&#039;s the thing:</p><p><br /></p><p>Remember that, in general, it costs the bank money to move coins in and out.&nbsp; Depending on the bank, its source for coins, etc, a branch may pay premiums above face value for coins, or delivery charges, or storage charges.&nbsp; Loomis as well may well be paying THEIR source a premium based on weight, dollar amount, etc, which they may well pass on to the bank.&nbsp; </p><p><br /></p><p>Even those banks with their own centralized change vaults may charge their branches fees for storage, etc.</p><p><br /></p><p>Point is that while the policies and fees for any given bank/branch may vary, it&#039;s highly likely (near certain) that the bank IS absorbing some fees to handle coins.&nbsp; </p><p><br /></p><p>Largely, this is a cost the bank is willing to absorb for its customers.&nbsp; Bluntly, any customer that handles enough change to represent significant fees is likely QUITE large, and thus quite profitable for the bank.&nbsp; The casual individual, on the other hand, simply doesn&#039;t move that much change around that often..what, maybe cashing in the piggy bank once a year?&nbsp; So, the fees simply aren&#039;t high enough to pass along.</p><p><br /></p><p>The problem comes with folks like us. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />&nbsp; We really aren&#039;t likely to be that profitable to the bank over the long term...and yet we&#039;re costing them significant delivery, storage, and handling fees by moving large amounts of coinage around.</p><p><br /></p><p>So...you get some guy at a branch who doesn&#039;t want to say &quot;look...you&#039;re a customer but we won&#039;t service you in this manner any more&quot; but also doesn&#039;t want to incur the costs any more.&nbsp; So..he makes up some story about &quot;Oh, Loomis said you&#039;re breaking the law!&quot; hoping you&#039;ll simply stop.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in