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 Replies: 19 / Views: 5,547 |
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Pillar of the Community
United States
1231 Posts |
Or they got interuppted while counting
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Pillar of the Community
Luxembourg
588 Posts |
While reading this, I was wondering how the banks are verifying if you did not cheat them?
I have done some roll searching form German Pfennig and Mark coins several years ago.
On the rolls there were the names of the people who have rolled them and when returning, they made some kind of checking as I received the money only a couple of days later.
Since the introduction of the euro I have abandoned roll checking as I am not hunting for varieties and rare years appear in general exclusively in mint sets.
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Pillar of the Community
Canada
3692 Posts |
Hey, Maudry, are cheques still used in Germany? I met someone from Munich who'd never used one before. I had to help her fill it out. This surprised me because Germany is famous for their banking.
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Pillar of the Community
Luxembourg
588 Posts |
Hi Libertad,
I don't know. I am from Luxembourg but I believe cheques are quite uncommon there. Unlike France where they are pretty common.
In Luxembourg they are in use but not very common.
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Valued Member
United States
89 Posts |
Nice find. Mine are always the correct amount, never more never less. Guess that both good and bad
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Bedrock of the Community
United States
20753 Posts |
Roll searching is going to slowly come to an end. In some areas banks are only accepting rolled coins or bulk coins in bags but they must be sent out for counting. Most Bank of America and Chase Banks have started this now. No more counting machines in those banks as they stop working, they are removed. If you bring in rolls or bulk coins they are placed in a plastic bag, sent to a main office for counting. The results are entered into your account minus the fee for that service. NO ACCOUNT? Then they send you a check and even more for that service too. Bank of America is telling all branches no more half dollars are to be kept or ordered for customers. If any come in they are to be sent to the main branch where they will be accumulated and then sent to the Federal Researve.
So if you are a roll searcher, do as much as you can for now since this will surely spread to your area soon.
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Bedrock of the Community
United States
14454 Posts |
Quote:
how do you count dimes? by 10's  |
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Pillar of the Community
United States
3098 Posts |
Quote:
On the rolls there were the names of the people who have rolled them and when returning, they made some kind of checking as I received the money only a couple of days later. For rolled pennies, nickels and dimes, they usually don't check it. If they have to, they will compare the length of the roll to another roll they have. For large quantities, they will dump it into a bag, count it and then credit your bank account. But, it's not free most of the time. |
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Pillar of the Community
United States
1571 Posts |
The weiting on the wrappers is the name, and account number that the banks used to require, for all deposits of rolled coins. As far as the charging to, or crediting to your account, from the depositing in the plastic bags, I have never seen any report of any kind on my account, and I check it daily, at least once. I have turned in as much as $500.00 in half dollars, when I gave up on them, and went for the quarters, instead. In the rolls, beside finding coins that are very close to the diameter of the coins concerned, I have found truck-wash tokens in the quarter rolls, SBA dollars there, and always a Canadian coin of that denomination in the roll. There have been dimes in the cent rolls, and as far as bweing "long, or short< I always set up a stack that I KNOW has the correct number of coins, and leave it at hand, to check the length. Thay way I don't short myself, nor them. I do have to take a loss when a tax token, or some coin that is from halfway arounfd the world shows up in the cent rolls. That is all I search, now, so less loss. Dick |
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Bedrock of the Community
United States
20753 Posts |
Quote:
For rolled pennies, nickels and dimes, they usually don't check it. If they have to, they will compare the length of the roll to another roll they have.
For large quantities, they will dump it into a bag, count it and then credit your bank account. But, it's not free most of the time.
Maybe by you for now but as I said, by me ALL rolls, bags, jars, etc are sent out to a main place for counting. Rolls are even more suspicious due to short rolls, slugs or washers added, plastic spacers, etc. I asked at one branch of Bank of America what they would do if I brought in ONE roll of something. Answer: Rules of the bank would be to send it out for counting. |
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Pillar of the Community
United States
4333 Posts |
How do I count dimes? I don't. When I'm searching thousands of $ in dimes, no way am I going to count or re-roll, I just dump the spoils into $500 bags and turn them over to the tellers. They hand me cash. Or, I run them thru a counter. Been dumping this way for awhile, never had any problems with short bags.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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Valued Member
United States
300 Posts |
I'll have to check that carl, I have a friend at BOA, and I use to roll-hunt, I wouldn't doubt it though, personal service from banks these days has dried up and I'm afraid for good
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Valued Member
United States
323 Posts |
I think they got interupted with rolling
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New Member
United States
49 Posts |
I'm blessed, my husband will do it for me. He doesn't mind spending rolls of coins but it makes my daughter mad when he gives her rolls for bus fare or the movies....lol.
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Valued Member
United States
322 Posts |
I always hand count the coins. Always asked for coin sleeves, I count them every time I finished selecting. The way I did, I put a stack of coins on my left hand, between middle and ring finger.
My thumb separate two coins at a time and count them until ten. I got twenty coins. Then they goes right away to the coin sleeve. It slide in very fast, repeat as necessary, then close it. In the past, I always mark them with odd color marker, that way, I recognize my rolls if they give them back to me. Not anymore since the chance is too little, we have 160 banks around 5 miles radius. I mainly searching Half Dollars. I haven't really doing (Dime) searching very much, I never got any Silver Dime. I have to start trying, mainly because returning Dime is much easier than returning Half and it cost much less to buy quantity. Besides, the idea to edge-hunt is really great. Even though last time I was disappointed to find Canadian Dime with "white" edge.
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Replies: 19 / Views: 5,547 |
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Posted 05/09/2010 07:09 am
