Best Way To Order Coin?

carl (is it "just carl" as in "honorable, fair carl" or "simply carl"?), you just highlighted the issue. Even when you spend the coins they often wind up in the same bank, having to be counted and rolled. I don't like to be an inconvenience to anyone, but I don't see that there's much of a choice if one wants to check coins. And we can't order direct from the fed.

just carl has the perfect idea of how to get rid of those coins. Have fun spending them like normal money and seeing the look on cashiers faces. It is fun to do.

Tip: If your bank knows that you keep buying halves and turning them back in and then buying more again later, chances are you are getting the exact same halves back that you turned in before. When someone brings me coins like that (well halves I buy when they come in, hehe poor coin collectors dont have a chance when the main teller collects coins too and has gone threw everything and taken all the good stuff.) anyway when someone brings me coins, they go straight to my drawer. When they come back later and want that same type of coin again I go to my drawer and get them right back out. We have to have so many rolls to put back in the vault, so if we dont have enough to put in the vault they stay in the drawer. so they never get circulated out of the drawer with the ones in the vault.

Oh and when I said before we dont get to choose what type of coin we get I ment what years.

We dont really get that many coins from our business customers. Companies tend to just hand those coins back out to other customers or they buy them and keep them themselves. So we dont really ever get coin in deposits from businesses. And even when they do turn in coin, there are so many banks in the area chances are they wont go back to the same bank.

What we do at my bank is we go ahead and give them the money for the rolls or credit their accounts right away for the full amount. But banks are trying to help out their customers by not making that coin available right away. I touched on this on another board, but when we do count the rolls and if one is off (over or short) we will go and credit or debit the customer's account. So if it is a customer who might end up cutting them selves close on their account and we have to debit their account for a roll being short, it would really hurt to get that $30 NSF fee for a few halves or what ever type of coin it was. What we have found is that people who use coin counters their rolls tend to be off by one or two coins a roll. We first thought that a certain customer was doing it on purpose trying to get money out of it, but we have had more and more customers come in and have the same problem. The other thing that happens a lot with the coin counters is the dimes really love to hide in other rolls and they are so thin that you really cant tell if its got a dime in the quarter rolls or in the penny roll. So thats why banks have to go and count the rolls cause if the teller doesn't count the roll then when they open the roll later and its off it goes on the tellers shortages and overages.

If you really want halves I would suggest that you might want to see if you can find people in our area who might wanna go and split a box with you, or if you can assure your bank that you in the end will buy them all and not bring the extras back they might do it for you. Spend the extras when your shopping and things like that.

Also make sure to make good with the tellers. Talk to them, get to know them and let them get to know you. We tend to do special things and are more willing to go out of our way to do something nice for a customer that we like and get along with and is nice to us. Joke around with the tellers (make sure you kinda know the personalities of the tellers so they dont take it offensively) but joke around with them about the coins. The biggest thing is make friends with the tellers or a teller. We can always order the coin, it can be a problem at times and they might not always be able to do it, but just in a casual conversation with the teller ask them if there is any way if sometime you wanted to buy a large amount of coin if that would be a possibility. See what they say. They might just do it for ya free of charge. Biggest thing to remember, make friends with the tellers, it will pay off in the end.

Well thats good that your bank is willing to work with you. Its really nice that your looking at other options in dumping the coin. I would try looking at other banks in your area. Most banks now have free checking accounts, just keep a dollar in there to make sure it stays active. You can actually do that at a few different banks if you want. It gives you a few more dumping places that way. Then after you dump the coin you can go and write a check from that account to your regular account at your main bank to put the funds back in your main bank.

I would suggest going and calling the banks in your area and first asking them if they have a free coin counter. When you call them rather than going in to the branch you avoid the are you a customer question.

Be aware that with the dollar coins (Presidential), yes you can order $25 at a time, but that might not aways last. As the main excitement and non coin collectors get bored with them banks wont be ordering them at the same quantity as they are now. Hopfully your bank will be sure to still get some in since they know you will buy them. At my bank I have alreay noticed the numbers dropping. We were only given $200 worth (our main branch orders them and splits the box up and only hands them out to a few branches of ours) last year the $200 would go right away, but since this year we still have like $75 worth left.