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 Replies: 19 / Views: 2,325 |
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Valued Member
United States
243 Posts |
I got some rolls of coins to go through this weekend.Went through the 2 rolls of dimes and didnt find anything ,WAS counting them to go back in the coin-tainers and found they had shorted me 2 dimes in one roll.Does that happen often?I know I make sure theres the right amount when I roll coins to take back..
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Moderator
 United States
6563 Posts |
where'd ya get the rolls from?
and yes it can happen sometimes.
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Valued Member
 United States
243 Posts |
I got them from the bank we deal with.I also got 20 rolls of pennies and they were all the right amount.
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Pillar of the Community
United States
1713 Posts |
It can also work the other way. Search some penny rolls and you could find a couple dimes in there.
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Valued Member
United States
243 Posts |
When I'm searching rolls I keep a little box of coins beside me and when I keep one out of the roll I immeditely replace it with one from the box.I didnt find any I needed so I know they shorted me on the second roll.
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Bedrock of the Community
United States
20753 Posts |
Pending on how worn coins are, occationally I've found more than there was supposed to be. Not sure if wear has anything to do with it but it appears there have been more situations with more than less. Naturally everyone reports it when they get to many.  |
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Valued Member
United States
243 Posts |
On those 20 rolls of pennies,I kept 4 rolls ,from 82 back. Even found 3 wheat cents. Nothing special,not one S mint..
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Valued Member
United States
243 Posts |
I can understand that, several well worn dimes could add up to an extra coin.But these dimes were mostly 80's 90's and 20's in good shape.2 missing in one roll,something wrong.
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Pillar of the Community
United States
581 Posts |
Hmmm. I've actually never counted them. Then of course, there are the machine wrapped rolls and customer wrapped rolls. In all my time of searching rolls, I've only had one customer-wrapped roll. I don't know which one is more likely to short or over change you.
Of course, if you have a scale, you can quickly weigh everything except pennies to see if something is fishy.
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Valued Member
United States
243 Posts |
I'm taking those rolls in tomorrow ,I'm not going to say anything about being shorted ,but if it happens again I will.We been dealing with this same bank for over 30 yrs.I'm sure they didnt mean it and 20 cents isn't going to kill anyone.
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Valued Member
United States
243 Posts |
What I think probably happened was that coin-tainer roll was probably the last of the run and just ended up short..
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Bedrock of the Community
United States
20753 Posts |
Now imagine if a bank shorted a few coins from a few rolls a day purposely. A few dimes here, a few nickels there, etc. Ever notice at a store when they break open a new roll of coins for their registers. They never count them. So if a roll here ane there was short, at the end of the day only a few coins would be short and probably not noticed or ignored. Now the bank that does this would be making many dollars a day on the side. At the end of the year it would possibly add up to a few thousand dollars.  |
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Valued Member
United States
264 Posts |
I get rolls from the bank every week or so. On a few rolls I will be short a coin or so. On other rolls I'll find an extra coin. In the pennies I'll find dimes, etc. It all works out in the end. Talked with the teller one day and she said they move so much money a day they don't count the rolls. Most banks are suppose to dump customer rolls in a machine for reprocessing. Some will do that and some will not. For me I'm glad this bank doesn't. Gives me a chance to search the older wrappers first.
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Pillar of the Community
United States
2602 Posts |
I honestly do not believe banks purposely short coins in their rolls. Mistakes happen. I've had rolls had one or two extra (usually customer-wrapped), have had penny rolls contain dimes in them (it's happened twice in the last two months).
Now if you ask whether banks are ripping you off when it comes to interest rates, now you might have an argument. Record profits at banks last year because loan interest rates climbed but savings interest stayed nearly flat. I got 0.9% interest in my checking, and GULP! 0.1% interest in my SAVINGS. That is crazy. The spread between loan rates and savings interest rates has widened to historic margins.
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Valued Member
United States
280 Posts |
They do not short rolls on purpose, but it happens. It's actually more common for the change counters to short customers (e.g. dimes counted as pennies). Most change counters have a stated accuracy of 99.99% or less. In my years of roll searching, ==I've gotten short rolls (as short as 17 halves in a roll of halves), ==substituted coins (I've gotten it all in rolls of halves, SBA's, dollar coins, quarters, dimes, nickels, pennies) ==extra coins (this is very rare, but I did get a 22 coin roll of halves once) I've learned to live with it. If I complained everytime, it would get very old and the bank would just stop ordering for me. |
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Rest in Peace
United States
3730 Posts |
I recently took in about 20 rolls of coins to my credit union, and then, several days later, received a letter from them saying my rolls were about $7 short. I had just bought a cheap little coin Counter from Walmart, and I expect that's where the trouble was. Or maybe, somebody at the bank just can't count. |
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Replies: 19 / Views: 2,325 |
Posted 01/06/2008 10:51 pm
