| Author |
Replies: 24 / Views: 2,370 |
Page 2 of 2
|
|
|
|
Pillar of the Community
United States
597 Posts |
One time I had a problem with $2 bills, in all places a 7-11 where the clerk thought they were something like fake $3's or something. Usually places like 7-11 are where you will tend to see stuff people usually hang onto unless they are desperate and out of smokes etc. The 7-11 I cite above has been a great source for 40% and even 90% halves on a good day with a friendly clerk willing to part with their nuisance change.
|
|
Bedrock of the Community
United States
20753 Posts |
I stopped spending Halves, babby size dollar coins, $2 bills. Way to many not so funny things happen. At several restaurants now leaving a tip with any of those has gotten be loud statememts like "Hey this is your kids play money". Cashiers at stores have to check if real and then everyone behind me in line looks like they want to hang me. Conductors on commuter trains have said notice my coin changer? See any slots for that stuff? Why don't you take that stuff and shove it? Most vending machines I've seen don't take halves or the baby sized dollars. I tried a $2 bill in a coin changer and it keep it and nothing came out. $2 experience. A bank I go to keeps asking if I want any of those baby sized dollars because not to many people want them and the ones that do soon return them. At first I thought spending stuff like that woould be fun but it looses the humor when you get embarrased enough.
|
|
Bedrock of the Community
 United States
19964 Posts |
Today I went to my company cafe and gave the lady 3 Adam's to pay....she says "Oh, funny money, huh? I don't have spot in my drawer for those." HAHAHAHAHAHAHA....killed me that she called them "funny money"...I was ROFL.
|
|
Valued Member
United States
314 Posts |
Hi, Maybe I should try an new bank to get them all day long. Your correct I had serval problems spending the 2007 dollar coins. I try-ed spend in an small town store . They thought something was wrong and called there main office to find out what the 2007 dollar was. Sears refused to take them since they did know what they dealing with or ever saw before. They told me to take to bank and get paper. They sometimes cause problems when I spend them. I hope I can find bank to buy them from no problem. Main reason I want dollar coins, halves, two dollar bills. My goal is build an in-tire roll set of new dollar coins and to buy 50 books from dancso in next few years for resale. The half's, I want those to search for decent coins and silver coins to build sets out them. The two dollar bills I want those to search for bu or unused for my collection. I am also looking for two s where numbers are same after each one. I am learning people on ebay pay over face on brand new bills or bricks of them. The rest of them culls or junk coins, bills I will spend to dump them since they have no collection value. I do agree with you. Retailers , stores for whatever reason don't want them or cant give them out change since the public hates them for whatever reason. That's why the Susan dollar, 2000 , 2001 sacs dollars failed in the public. I did read there are no vending machines used for halfs. The onley way it will work if the USA government quit making 1 dollar bills. Then the USA government will force the public to use them each day. Until then its going be like this. Chevrolet
|
|
Pillar of the Community
United States
914 Posts |
I picked up five rolls of dollars just to encourage circulation as well.
To my surprise, the guys at the last coin show that I went to almost didn't take them for the admittance fee!
|
|
Bedrock of the Community
United States
17884 Posts |
quote: I don't get it get and why are these banks refusing to order that stuff. Its like an boycott against those things.
Most of the change/cash given out by banks are to businesses for making change. Like they say they don't (or at least believe they don't) have spots to handle them easily so they don't ask for them and so the banks don't order them. A bank does not want to order and have sitting around cash to isn't in demand. Any cash on hand in excess of the legal minimum cash reserve is an unproductive asset that isn't earning the bank money. You want $50 in dollar coins. They have to order a $1000 box that no one wants. What do they do with the other $950? Plus coins are heavy and it costs the bank money to have them shipped to them. So that $1000 box of dollars may cost them $1010. Even if you took the whole box, the bank loses $10. Most banks know how much in coin comes into the bank each week, and how much goes out and how much of each type. They try and keep as close a balance as possible between the inflow and outflow and only order or ship back just that amount of coins to keep the balance. This is why most banks hate roll searchers. Someone comes in and unexpectantly asks for a buch of rolls means that they may not have enough on hand to satisfy their major business customers when they come in for change. Who are they going to tick off. The collector who wants to search rols and provides little or no income to the bank for the trouble? Or the Business customer who may have hundreds of thousands of dollars in accounts in the bank? Tick him off and he may change banks which means a big revenue loss. Want to have some real fun? It will cost you some but the reaction can be great. Get an uncut sheet of dollars and cut it vertically and horizontally so you have 8 groups of four notes connected top to bottom. Then when you make a purchase that has an odd dollar, pull out one of the groups and proceed to cut off what you need for the bill. (If you fold them top to bottom each group will take up the same space a four regular notes in your wallet.) One warning though, doing this you just MIGHT get the police called on you for counterfeiting. A cheaper way to do something similar. If you can get a pack of new notes at the bank, it is possible to bet a glue that you can paint onto one edge of the pack to bind them together like a notepad. Then when you buy something you pull out your "pad" and peel off notes as needed.
Edited by Conder101 07/30/2007 6:30 pm
|
|
Pillar of the Community
 United States
2703 Posts |
Keep up the good work spreading them around and educating people! I spent a lot of the Sacs in 2000. I used to put $20 bills in the stamp machines at the Burlington Mall every chance I got, just to get 18 Sacs in change. I was a blast to spend them. Initially Wal-mart was using them, too. That was the only place I have ever got one back in change at a check-stand. This time around I don't think the post office or any large retailer is on board with using the new dollar coins. I don't understand why stores will still pay employees well over 10 cents a minute to deal with pennies but are hostile to a dollar coin.
|
|
Bedrock of the Community
 United States
19964 Posts |
Spent two $2 bills today at McDonalds. The kid shuts the window, as I'm watching, he looks hard at them and holds them up to the light. Then I hear him call for the "marker" from the front registers. All I can hear is muffled talking, in about 3-4 minutes he appears with my change. HAHAHAHAHAHAHA....now....that is PRICELESS! 
Lincoln Cent Lover!VERDI-CARE™ INVENTOR https://verdi.care/
Edited by BadThad 08/31/2007 08:17 am
|
|
Pillar of the Community
United States
2540 Posts |
I can't believe the problems that people are having spending the $1 coins. Sears can't refuse them, they are legal tender of the US. I'd call a manager and then the store manager. Idiots never cease to amaze me.
|
|
Bedrock of the Community
United States
12437 Posts |
I haven't had problems with anyone accepting $1 Pres coins or $2 bills (yet...) but I do frequently hear people remark that the Pres dollars look like tokens  A few people have really liked them though so I guess it isn't all bad.
|
|
Bedrock of the Community
United States
17884 Posts |
quote: Sears can't refuse them, they are legal tender of the US.
Sears CAN refuse them. There is no law that says they must accept legal tender.
|
|
Pillar of the Community
United States
2797 Posts |
Actually Conder ... there is. If they post a sign with a price or advertise with a price, they are obligated to accept U.S. legal tender. Anyone that lists/advertises a price in U.S. dollars/cents must accept legal tender in exchange for that item. They may refuse to provide service or sale for other reasons (no shirt/shoes) but not for the type of legal dollar you offer.
|
|
Bedrock of the Community
United States
20753 Posts |
What Condor101 said is absolutely true. Why would any organization order something for a few and be stuck with excessive amounts of just stuff. Think of it like this. You go to a store and ask them to order a pack of lined paper with 4 holes in it for your special notebook. They would probably throw you out. Here is another little tip though. If you are a steady customer at a bank or banks, and you ask for say some rolls of halves, you may be suprized that they do really have them. The problem is so few people want them, they are usually in the vault and to go get them would mean holding up a line of people for just one customer. So if you are not a regular customer or someone they know well, they will usually just say they don't have any. Same with other types of coins such as those baby dollars. At one bank I go to they constantly ask people if they want any Presidential dollars since they ordered so many thinking there would be a run on them. The run is in the other direction though. Want to have some real fun? It will cost you some but the reaction can be great. Get an uncut sheet of dollars and cut it vertically and horizontally so you have 8 groups of four notes connected top to bottom. Then when you make a purchase that has an odd dollar, pull out one of the groups and proceed to cut off what you need for the bill. (If you fold them top to bottom each group will take up the same space a four regular notes in your wallet.) One warning though, doing this you just MIGHT get the police called on you for counterfeiting. Condor101, I would love to try this but in the area I live I think I would have to have an attorney on standby, just in case.
|
|
Bedrock of the Community
United States
20753 Posts |
I can't believe the problems that people are having spending the $1 coins. Sears can't refuse them, they are legal tender of the US. I'd call a manager and then the store manager. Idiots never cease to amaze me. TreasHunt
To me it is not whether a store, show, gas station or anyplace will or will not accept certain types of money. I live in a highly populated area where there are lines for just about everthing, day or night. I get really ticked off when someone holds up a line with something like a check that has to be authenticated, a credit card that bounces and now with these stupid baby dollars. It has happened to me and I've been a cause of that myself. Trying to use a baby dollar and the cashier calling for someone to come check it out is not my thing. I've tried the halves, baby dollars, $2 bills and I get little old ladies looking at me as if on my way out of the store, they will be waiting for me. Holding up lines for an attempt to distribute something people don't want is just not my thing any more. Acutually I also don't like the embarrasement of people saying loudly that I'm trying to use my kids play money.
|
|
Valued Member
United States
314 Posts |
I felt bad serval monlths ago trying to pay my charge card at sears after that lady did that to me. Telling me they never seen those and did not have clue on what they were. I was lucky I had paper money that day in my pocket to pay it.
Its not first time it happened to me. I tryed to spend them in an small town grocery store. They had to call there main office asking what are these things. They thought I worked for us government or bank asking all those questions on what are these things.
I am happy I got rid of that 1000 dollar fed box of coins I bought for those new gold dollars . These days I am having problems trying dispose of tons half dollars since I bought 1400 of them to search for silver coins. My bank I sold to them to freaked out with me trying cash them in for dollars. I had to spend 25 dollars to open another bank account at an secord bank to dump those halfs. I been trying to spread them out over serval banks where they dont freak out. Those tellers freak out when I try cash in 300 bucks worth rolled halfs. They ask quastions where they came from and why I have so many. One food place I spent them at thought they were dollar coins and have not seen them for over 10 years. I would have thought those half dollars were common and been around for years . The bank tellers tell me those halfs sit in there vaults for monlths or years before they are sold again. My last box I bought from bank was wraped in 2004 and coins started tone in bank . Its been siting for an long time before I bought them. The main reason I buy lots fed boxes is search for silver , old coins all the time. I wish they I could find easy way dispose of them keep buying boxes of them to search. Trust me its very hard to dispose all coins its seems like pennys, nickels, dimes, dollars, halfs, quarters all the time to search coins. Its never ending all the trouble I have trying dump coins all the time. I had to open 3 banks accounts with serval banks. Serval banks to dump them, serval banks to buy fed boxes of coins. Some banks dont stock coins it seems and need to wait on them ordor them.
All this trouble since I am coin collector and I just want to finish sets to keep. Is it worth it ? I cant help it if my sets are missing coins and I need certain dates or mint marks to finish them. The onley thing I know is keep buying fed boxs to find them.
Chevrolet454ss
|
|
Page 2 of 2
|
Replies: 24 / Views: 2,370 |
Page 2 of 2
|