| Author |
 Replies: 34 / Views: 4,454 |
|
|
|
New Member
 United States
10 Posts |
And my apoligies for posting about trying to get rid of them. I just see everyones ebay link and assumed it was ok to talk about |
|
Pillar of the Community
968 Posts |
You knew they were worth a good amount of money. You acted in your own interest and said nothing rather than do the right thing, provide customer service, and point out that she was cashing in a few grand worth of silver. Unethical at best. Let me tell you a story... about 2 years ago I bought a bag of 400 Morgan dollars off a widow who had been keeping her husbands coins in the basement but decided to sell them because they were taking up room. Now, this lady didn't need the money, she was very well off... drove a brand new Benz, had a million dollar house... she just wanted the coins gone. I go through the bag and I find a pair of key dates, an '89-CC that later graded AU50, and a '93-S that graded VF35. I immediately called her and let her know that two of the Morgans I had purchased were excellent examples and were worth thousands more than I had paid. I explained that I would have them graded and sold, and that I would pay her 90% of what I received for them, after auction fees and whatnot. She was very happy to hear that I found them, and that I had told her about them. That is how you act like an adult and like a man... with ethics and a sense of professionalism. Edited by chasingtailbar
08/13/2014 6:16 pm
|
|
New Member
United States
10 Posts |
Thats like saying when you buy silver coins from the "junk box" and get lucky that you should tell the owner of the store "here is an extra thousand bc I only paid melt price for it originally".....
|
|
New Member
United States
10 Posts |
Sorry we dont share the same "morals"....its my job to make deposits and cash checks. Not educate people about coins...and I'm not even a collector really so I honestly didnt know how much they were worth until well after I got the coins home
|
|
Pillar of the Community
United States
4897 Posts |
Quote:
Thats like saying when you buy silver coins from the "junk box" and get lucky that you should tell the owner of the store "here is an extra thousand bc I only paid melt price for it originally"..... Apples and oranges.....a "dealer" should know better. I also have purchased collections and later after closer inspection paid the seller more money......The Golden Rule and all..... |
|
Pillar of the Community
968 Posts |
Quote:
Sorry we dont share the same "morals"....its my job to make deposits and cash checks. Not educate people about coins...and I'm not even a collector really so I honestly didnt know how much they were worth until well after I got the coins home It's your job to provide customer service. Not screw them. Bet you saw that $300k in her bank account and were like "Oh, she can afford to lose this, I bet I work harder than her and I deserve this little bonus." Typical attitude I've seen with 75% of bank tellers handling silver that know about it. Quote:
Apples and oranges.....a "dealer" should know better. I also have purchased collections and later after closer inspection paid the seller more money......The Golden Rule and all..... Thank you, this is exactly correct. |
|
Moderator
 United States
15433 Posts |
Not wishing to pile on to the OP with my views on morals ...
To each their own I say ... I personally would have advised the depositor that the coins she wished to 'sell' at face value carried a premium.
Would have gone from there ... if the reply was 'I don't care' then I would have been thrilled at the silver score.
David
|
|
New Member
United States
10 Posts |
Its my job to do what they ask me to do. Not inform them about coins. And you dont know how much they have in their account until after the transaction so that wasnt my mentality. My mentality was "they decided to make a deposit....so I'm going to process that transaction for them". Plain and simple
|
|
Rest in Peace
United States
4849 Posts |
Come on guys. Give him a break, he didnt screw anybody. He works at a bank and took a deposit. You make it sound like he ripped some old lady off of her coin collection or something. He didnt BUY a collection from someone he accepted someones deposit at face value, so you can't make that comparison like he ripped someone off of their collection. Most of the coins were probably rolled anyways, so how was he going to know until after she had already deposited the money. Some kind numimatists may take the higher road, and inform the lady of the collection...and that is great; but I dont believe it is fair to pass judgement on the OP for doing his job.
Edited by johnny54321
08/14/2014 1:07 pm
|
|
Pillar of the Community
United States
4897 Posts |
I do not disagree with you johnny! However, Quote:
i dont feel bad tho bc that lady had over 300k in her bank account that she deposited the money into So.....if she had $3.00 or $300 or $3000.....he may have felt differently? |
|
Pillar of the Community
United States
8516 Posts |
I would've had to say something about the true value of what she was handing me but it's a new world out there now and values just aren't the same anymore.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
|
|
New Member
United States
10 Posts |
All of the coins were rolled...we dont accept coins not rolled. Again, I got lucky even findind them and not giving them back into circulation when the next person asked for a roll or quarters. So while you say you would have acted differently, you werent in my position. Pass judgement if you want to, but you have not walked a day in my shoes and dont know me at all. Also, I did nothing illegal or out of company policy accepting the coins and buying them back later in the day so stay on the pedal stool all you want.
|
|
Rest in Peace
United States
4849 Posts |
SO after he looked through the rolls and discovered they were all silver after she left...then what. Was he supposed to dig up her phone number listed with her private account and make a personal phone call to inform her that she deposited several rolls of silver? Maybe some folks would, and that is great....but you just can't make comparisons with someone who sells a collection, as a COLLECTION....not as a deposit. This is an apples to oranges comparison....especially given that he didnt know the value of the deposit till after he had a chance to open the rolls and buy them from the bank.
If you receive a silver 1964 quarter in change at the grocery store, would you return it to the teller, stating that you cannot accept it because it is worth more than a quarter, and you would be taking money from the store? I know I for one would keep it, and consider it my lucky day.
|
|
Valued Member
United States
261 Posts |
He would be fired for doing anything but completing the transaction she requested.
|
|
Pillar of the Community
United States
4897 Posts |
I have absolutely no problem with the OP's actions. Have no doubt he acted within corporate policy and procedure. Only question the justification. To paraphrase, "she had plenty of money".
I may be personalizing this too much. Just wish that people would truly treat each other as they would like to be treated. Ignorance be damned....right is right....
|
| |
Replies: 34 / Views: 4,454 |
First Page
Posted 08/13/2014 6:11 pm
