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 Replies: 34 / Views: 6,631 |
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Pillar of the Community
United States
860 Posts |
I'm not having any problem in my town. I get boxes and return them to two banks which I have accounts at. They are both helpful as they know my son and I are coin collectors.
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Valued Member
United States
217 Posts |
My CU shut me down years ago as well. They did offer me the chance to buy boxes at a 5 dollar charge, the amount that they had to pay per box supposedly. I did as one of the other posters did, made it my dump bank and found a bank that was willing to get boxes at no charge. The one thing that I will say is be up front if you do go looking for a new bank. When I was opening the account I made it clear to the manager setting it up that I wanted to get a box or two a week or two and that I wanted to make sure it was without any sort of fee and she said it was fine and had other people who did the same thing so she knew what was going on.
And that is sad that it is shutting down CRH in Canada. I hear rumors all the time of banks or the fed or the box suppliers pulling silver out circulation, but it is usually after the person has had a few skunk boxes XD
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Valued Member
United States
75 Posts |
With the exception of one grumpy teller I have been welcomed with open arms at all branches of both banks and the credit union I frequent. I've had multiple tellers recently offer to keep their eyes open/make a note to save any old or odd coins for me. I have never been questioned about why I need rolls of change or hassled when I bring huntef rolls back.
Hopefully you get some better luck with your next financial institution of choice. :)
A question that comes to mind is why would they ask what you need change for? That is what they are in the business of providing right?
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Moderator
 United States
189222 Posts |
Quote:
That is what they are in the business of providing right? No, they are in business to make money, which distributing coin seldom does. If they make money off of you in other ways, they may do it as a perk. However, handling coins is not cheap, so if they have decided it is not worth their time, they will either start assessing fees or stop doing it. It is what it is. CRH is an endangered hobby.  |
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Valued Member
United States
65 Posts |
I work at a credit union and we charge 10 cents a roll for coins. They also wont sell the bags of the coin counter. The atmosphere is very bank like fees for everything!
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Valued Member
United States
154 Posts |
I've only ever gotten a box once, I usually only get a few rolls at a time because I don't have a car and coins get heavy fast, so I'm not in the same league as you all, but the bank near me that I don't even have an account with is always very accommodating. In fact, today, I asked for some dollar coins, and the teller gave me just the Presidential dollar ones. She opened a roll and went through them all to pick them out. Just wanted to add a counterpoint to all the terrible stories in this thread, especially Canada. What a waste. |
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Valued Member
United States
449 Posts |
I feel that the fate of coin roll hunting is linked to the coin itself. obviously if the cent and the nickel go away, which eventually they will right? then it will become endangered but I don't think it is now, yes it is harder sometimes to aquire your coin at certain banks, but we adapt and find alternatives. as more time goes on there will be more banks if anything, not less. As years go on the silver and wheats will start disappearing, but collectors will find something else to look for.
I just wish some of the people in CCF wouldn't demand so much coin from banks that they go to. Greed has overtaken them and are ruining it for the rest of us!
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Pillar of the Community
 United States
1949 Posts |
When I was in my teens, about 10 years ago, CRH was how I built my U.S. collection... At some point, though, they decided they would only give out rolled coins to business customers... That was a pretty big let down for a 17 year old who was only getting $20 worth of pennies and some half dollars every couple of weeks... Now, even though I have a business account and make withdrawals weekly for payroll, I was taken aback the one time I asked for $20 worth of pennies and was asked why by the teller...
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Pillar of the Community
United States
4333 Posts |
I could easily double my roll hunting amount, (to $100k a year) and they wouldn't even flinch. Considered small potatoes in certain circles...it's all about the relationship you build with your bankers.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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Pillar of the Community
United States
8137 Posts |
It's the sad truth, but CRH is dying. It doesn't hurt me though because the less people doing it, the more chances of getting something worth keeping. Also the recent drop in the price of silver might have had something to do with it as well.
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Valued Member
United States
315 Posts |
Nobody mentioned that maybe there's nothing left to find? I usually cruise through silver sellers, and it seems like there's millions of junk silver for sale already. Every seller I know locally sells junk. I've kept an eye on quarters for over two years now, and I've found zero silver and even then only around 6 bicentennials. In the past month, I've done about $500 face and the only thing I've got to show for it are 1 merc, 1 proof dime, 8 rolls of copper, and maybe 20 wheats.
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Pillar of the Community
United States
4333 Posts |
Quote:
Nobody mentioned that maybe there's nothing left to find? You reap what you sow. I know roll hunters on other forums are pulling pounds of silver each month. You have to put forth effort, shoot, I've only searched less than 10 grand this year and have harvested almost 80 silver coins...I roll hunted in 1979 and 80, LOTS of roll hunters then and silver dried up...price crashed, and silver started piling up again in vaults across the country. It's still out there. When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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Moderator
United States
189222 Posts |
Quote:
Nobody mentioned that maybe there's nothing left to find? Definitely a factor. I quit roll hunting when the finds almost completely ceased. It was no longer worth the time. |
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Pillar of the Community
United States
3640 Posts |
Like Jbuck, I myself have been a credit union member but for all of my life. My grandfather was one of the founders of this particular CU. I also have an account at another local CU. They do not give or take coin unless you are a member. Ordering boxes is at their discretion. Be nice and get to know everyone and they will oblige. Just keep it down to a couple of boxes of the bigger stuff per month. Customer rolls are worthwhile to grab. Like mentioned, just get a few dump banks. Just today I got over 500 ikes from a teller. They were thrilled to see them gone. If I want boxes I put my order in when the CU/Bank orders their own coin. That way the cost is minimal to them. Actually you are saving the banks money by taking their extra customer coin. Biggest problem now is the coin machines. The coins go into bags and those bags will not be sold to a customer or member because the counts are not accurate. They let the armored truck service co. pick up and they do the counting etc. Overall you do much better with customer wrapped rolls than boxes etc. There are 4 transport co's in my area. Loomis, Dunbar, Garda and Brinks. Loomis is the worst. They cherry pick at the plant. I know  |
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Pillar of the Community
United States
2368 Posts |
My pickup bank is very profitable actually. I get a box of pennies a week, and no matter what teller you get, you get the box. And when they run out of boxes, they order more! Doesn't seem like its slowing down for me, but you never know... With the influx of CRHers around, the competition might become too much for them...
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Posted 09/08/2013 9:47 pm
