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TD Bank, Still Stealing Customers Foreign Coins
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<p>[QUOTE="afantiques, post: 2318025, member: 71234"]Applying what I would sell mixed foreign coins for, about 10 cents each, or $10 per hundred, which on average is about a pound weight, or a bit more, that bag you estimate at $500 would weigh from 50 to 80 pounds. </p><p><br /></p><p>Would you say the way the bag was being handled (assuming the bank had no trained weightlifters) that it weighed that much? I think you have wildly overestimated the value of assorted small change.</p><p><br /></p><p>And as I have stated before, very little foreign change is magnetic, although some countries did have iron coins in WWII. The purpose of the magnets is to remove iron washers and discs that get mixed in with the real coins. The reject mechanism uses weight, thickness, diameter and light to detect problem items and sort real ones. Magnetic deflection is a small part of the process.</p><p><br /></p><p>I suspect your 'bags of coins' were mostlly washers and blank steel discs.[/QUOTE]</p><p><br /></p>
[QUOTE="afantiques, post: 2318025, member: 71234"]Applying what I would sell mixed foreign coins for, about 10 cents each, or $10 per hundred, which on average is about a pound weight, or a bit more, that bag you estimate at $500 would weigh from 50 to 80 pounds. Would you say the way the bag was being handled (assuming the bank had no trained weightlifters) that it weighed that much? I think you have wildly overestimated the value of assorted small change. And as I have stated before, very little foreign change is magnetic, although some countries did have iron coins in WWII. The purpose of the magnets is to remove iron washers and discs that get mixed in with the real coins. The reject mechanism uses weight, thickness, diameter and light to detect problem items and sort real ones. Magnetic deflection is a small part of the process. I suspect your 'bags of coins' were mostlly washers and blank steel discs.[/QUOTE]
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