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 Replies: 38 / Views: 6,284 |
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Valued Member
United States
449 Posts |
Has anyone heard about this or found one yet? http://wtnh.com/2016/10/20/bank-pla...h-1000-each/Basically, Ally Bank had placed 100 tokens into circulation with a turn in value of $1000. I am curious if anyone had found one yet? It looks like they only placed them in major Cities across the country. "The pennies have been placed in New York, Los Angeles, Chicago, Washington, D.C., Miami, Denver, Detroit, San Diego, Charlotte, North Carolina, and Austin, Texas." If this is true good luck hunting/cherry picking! I don't know what you would call it?! This is kind of awesome! |
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Rest in Peace
United States
18456 Posts |
I wonder their method of placement . Change at the bank , in rolls , etc.  |
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Pillar of the Community
United States
997 Posts |
Smacks of counterfeiting though. Intentionally putting fake coins into commerce?
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Pillar of the Community
 United States
3058 Posts |
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Valued Member
 United States
449 Posts |
It looks like you only get the end of the year to turn them in.
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Bedrock of the Community
United States
94367 Posts |
Just heard about it on the radio this morning. They mentioned something about putting them on the ground.
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Pillar of the Community
United States
3516 Posts |
I'll be on the lookout for them!! Saw a commercial for this!
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Valued Member
United States
449 Posts |
Yeah I will look too and luckily I am going to be in NYC this weekend!
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Pillar of the Community
United States
3516 Posts |
And an hour away from Chi Town here so hopefully I will find one!!
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Moderator
 United States
54280 Posts |
Show your financial support of the Coin Community Family (click here)See my topic on Mexican Numismatic Medals (click here)Edited by nss-52
10/20/2016 5:02 pm
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Rest in Peace
United States
4078 Posts |
Well,,,,, our CCF Michiganders should have a better chance of winning. LOL  With all of the questions , how can they legally pull this off? I believe John1 will be buying a number of boxes.  or switching to Ally Bank.  Edited by bpoc1
10/20/2016 5:25 pm
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Moderator
United States
187860 Posts |
Quote:
Smacks of counterfeiting though. Intentionally putting fake coins into commerce? It is no different than getting a foreign coin or other token in change or a roll find. |
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Moderator
United States
54280 Posts |
What is the problem? It is a token. There is no intent for anyone to consider it legal tender. They put them on the ground to be found. I am sure their lawyers checked out any possible illegalities.
Show your financial support of the Coin Community Family (click here)See my topic on Mexican Numismatic Medals (click here) |
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Bedrock of the Community
United States
10034 Posts |
They are not replacing any actual currency with these. They leave them lying on the ground and if you find one, you return it to them. Even the NORFED farce where the government was trying to convict the owner on counterfeiting charges has been labeled as a mistake, and the millions illegally stolen by the FBI was either, or is officially slated to be, returned. The NORFED tokens were being used as actual currency in some areas. These new tokens are just laying on the ground. Hmm...wonder how many Chinese counterfeits of these tokens ALLY will get? |
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Pillar of the Community
United States
4085 Posts |
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Rest in Peace
United States
18456 Posts |
Restrictions apply   |
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Replies: 38 / Views: 6,284 |
Posted 10/20/2016 4:11 pm
