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 Replies: 20 / Views: 3,811 |
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Pillar of the Community
Canada
999 Posts |
I recently crossed the border and spent a few days in upstate New York. I went to four different banks to ask for coin rolls. The first three would not give me any. They also would not cash the rolls I had (3 quarters, 2 nickels and 4 pennies). Finally the fourth bank took pity on me and cashed my rolls and sold me a roll of dollar coins that she had on hand, but that was it.
I was surprised I had such bad luck. They all stated that I had to have an account with them. One bank used the excuse of there being a coin shortage. When I brought that up with the next bank, they said there was no shortage. Pre-COVID when I had traveled through other parts of the U.S. banks generally seemed willing to sell me a few rolls at least.
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Pillar of the Community
United States
586 Posts |
You need an account. It is as simple as that. I have no problem in getting as many coins as I can carry out and back in every week.
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Bedrock of the Community
United States
19155 Posts |
Out west I've had no trouble obtaining rolls the last several months. My primary sources are three different banks--two I have accounts with, one I don't. The bank I don't have an account with has worked with me over the years--I don't abuse my unofficial status, just get a modest number of rolls when I can. Overall, I'm not an industrial-grade searcher--dragging multiple boxes into the house on a weekly basis. One of my account banks is just now easing its way out of the coin shortage, the other one has had a consistently good supply for over a year.
Like many things in life, 'it all depends'.
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Pillar of the Community
United States
4333 Posts |
As far back as ten years ago it wasn't an issue here. I even had banks that would order boxes and I had no account. Things are tighter now, banks don't want to deal with coin unless absolutely necessary, they're closing branches and going slim and trim.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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Rest in Peace
United States
18456 Posts |
Quote:
Hard To Get Rolls From Banks In U.s. Yes I find that also . Your better off asking them for Bagels .  |
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Pillar of the Community
United States
2049 Posts |
I went to my local CU the other day to see about getting some rolls. Just wanted to test the waters and asked for $10 worth of nickels. It was a much bigger hassle than expected. Between 3 different tellers on the front line, they didn't have enough to fill my request so they had to get the manager to get them from the safe. The whole process should have taken a couple of minutes and ended up taking 10-12.
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Pillar of the Community
United States
3324 Posts |
My CU will sell one roll per customer per day. Not one roll of each - one roll period. I asked for quarters last trip.
"Nummi rari mira sunt, si sumptus ferre potes." - Christophorus filius Scotiae
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Pillar of the Community
United States
586 Posts |
I have a question for you. Have you been able to get any rolls of canadian pennies ever since they've stopped minting them?
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Valued Member
United States
254 Posts |
I'm curious about Canadian cents also
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Pillar of the Community
United States
1373 Posts |
Quote:
I have a question for you. Have you been able to get any rolls of Canadian pennies ever since they've stopped minting them? I think he was only writing about getting US coins from the US banks; not Canadian. Just like when I used to drive south to Canada to visit Canadian banks for rolls of Canadian coinage. (  Gosh, I really miss not being able to cross the borders anymore. ) Cdncoins, I have been unable to get coins from my bank for over a year now. I see online about how some posters are still able to get cases upon cases every week. This confuses me and either makes me feel sad that I don't have that opportunity or angry and jealous of those people who can. Also, yes, I had to need an account to be able to get more than a roll or two from the bank. Technically I was supposed to have a Business Account to get boxes of coins, but the head-lady at my bank knows I'm retired and disabled and knows that coin-searching is one of the few things I can do nowadays, so she helped me out when coins used to be available. |
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Pillar of the Community
United States
4333 Posts |
@atticguy - Not sure how many banks you have but in the city here pop. 165k, there are a lot of banks. Just call around to a few to find out which ones you feel could cater to your hobby. You will want to have boxes ordered fee-free if you'd like. I believe I had accounts with six banks back when I was roll hunting.
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
 Canada
999 Posts |
After searching online I found a large U.S. bank that offers no fee checking accounts. You only need to deposit $10 to start then no minimum deposit. I may try to open an account with them next time I'm in NY. I can't open an account online as I'm not a U.S. citizen, but I believe I should be able to in person.
As for Canadian pennies, officially the Canadian banks have not given any out since 2012, but there are some members on this forum who have connections and are able to get them before they are sent off to be melted down.
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Pillar of the Community
United States
586 Posts |
I've been keeping whatever canadian pennies I've seen in circulation for a couple of years now. I'm thinking they'll all be rare one day soon enough.
So do you have any way of finding canadian pennies in the wild? Can you still get them in change?
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Valued Member
Canada
191 Posts |
Joshu-a there are no pennies in change anymore. If you pay with cash it's rounded up or down to the nickel.
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Pillar of the Community
Canada
999 Posts |
Every year between 1961 to 2012 there were between 140 million to 1.2 billion Canadian pennies minted. There's still a lot of them out there so I don't see circulated examples from these years selling for a premium any time in our lifetime. Although if copper prices keep going up, maybe it will become economical to melt them down.
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Valued Member
United States
99 Posts |
My local banks are pretty good with cashing in and giving me rolls they have laying around. I'm in southern new york. I have a secret weapon. I usually bring my 3 year old daughter. Most tellers just can't say no.
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Replies: 20 / Views: 3,811 |
Posted 03/19/2022 6:35 pm
