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<p>[QUOTE="Jeremy S, post: 659999, member: 19952"]Recently I began searching rolls of different coins again. One thing I found out when buying them by the box, the rolls are all machine wrapped. Most banks around here require you to have an account with them to sell them rolled coins, so I sell all of my searched rolls back to my bank. My bank only buys coins that are rolled, not loose, so I have to re-roll all of these. Coin papers start to cost money after a while.</p><p> I did find a main branch of a bank down the road from me with a coin counting/rolling machine. I don't have an account with this bank, so if I sold them my loose coins they would charge me 5%. If I had an account there it would be free. I'm seriously thinking about taking out a free, basic checking account and use this bank as my cashing in/ dumping ground for coins, and not even bother re-rolling them. Anyone else done this before? I would probably cash them in once a week or so I'm not there every day. When asking about an account, I wonder if I should mention what I would be doing, searching rolls and cashing them in? Do banks frown upon this type of thing?</p><p> </p><p> </p><p>Jeremy S[/QUOTE]</p><p><br /></p>
[QUOTE="Jeremy S, post: 659999, member: 19952"]Recently I began searching rolls of different coins again. One thing I found out when buying them by the box, the rolls are all machine wrapped. Most banks around here require you to have an account with them to sell them rolled coins, so I sell all of my searched rolls back to my bank. My bank only buys coins that are rolled, not loose, so I have to re-roll all of these. Coin papers start to cost money after a while. I did find a main branch of a bank down the road from me with a coin counting/rolling machine. I don't have an account with this bank, so if I sold them my loose coins they would charge me 5%. If I had an account there it would be free. I'm seriously thinking about taking out a free, basic checking account and use this bank as my cashing in/ dumping ground for coins, and not even bother re-rolling them. Anyone else done this before? I would probably cash them in once a week or so I'm not there every day. When asking about an account, I wonder if I should mention what I would be doing, searching rolls and cashing them in? Do banks frown upon this type of thing? Jeremy S[/QUOTE]
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