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<p>[QUOTE="CamaroDMD, post: 1396485, member: 5233"]It's all about how the bank operates. For instance, I worked for a bank a couple years back who did not get their coins directly from the government. They contracted a private company to deliver the coinage and it was not new coin. We never got new coin. I'm certain the bank had to pay that private company a fee for delivering the coinage. However, we did not charge people for purchasing a box of rolled coins. Since the bank paid for the face value plus a delivery fee...they obviously lost money on that particular deal. But, they had tons of fees and other ways of making money too. When all these expenses and income was factored in, the bank made an overall profit. So, there was no need to charge the customer fees for the coins.</p><p><br /></p><p>Now, other banks may do things differently than the bank I worked for.[/QUOTE]</p><p><br /></p>
[QUOTE="CamaroDMD, post: 1396485, member: 5233"]It's all about how the bank operates. For instance, I worked for a bank a couple years back who did not get their coins directly from the government. They contracted a private company to deliver the coinage and it was not new coin. We never got new coin. I'm certain the bank had to pay that private company a fee for delivering the coinage. However, we did not charge people for purchasing a box of rolled coins. Since the bank paid for the face value plus a delivery fee...they obviously lost money on that particular deal. But, they had tons of fees and other ways of making money too. When all these expenses and income was factored in, the bank made an overall profit. So, there was no need to charge the customer fees for the coins. Now, other banks may do things differently than the bank I worked for.[/QUOTE]
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Suspended or cancelled Presidential dollars
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