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Coming Clean At The Bank...

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Valued Member
dibby33's Avatar
Australia
465 Posts
 Posted 01/17/2012  07:21 am Show Profile   Bookmark this topic Add dibby33 to your friends list Get a Link to this Message Number of Subscribers
Poll Question
I am off to the bank 2mrw for some dried pasta. Thinking about confessing to the tellers that I am a coin collector. Been going there nearly two years for change and have not mentioned it. I have heard stories, both good and bad, about this and have been avoiding it until now. I think now is the time.

Should I, or, shouldn't I....


Poll Choices
 Keep quiet, get the coins and leave
 Ask them if they have the old stuff
 Explain that you are a coin collector
 Offer to donate to their Christmas Party Fund
 Other (please note)

New Member
Australia
43 Posts
 Posted 01/17/2012  07:28 am  Show Profile   Bookmark this reply Add ikiriki to your friends list Get a Link to this Reply
As a banker there should be 1 or 2 people at the branch who are collectors as well...They shouldnt see it as a negative that you are a collector but they may be limited into what they can resell - paper money cannot usually be resold. but for the love of god please dont offer to bribe them...that would just make it awkward hahah
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dibby33's Avatar
Australia
465 Posts
 Posted 01/17/2012  07:40 am  Show Profile   Bookmark this reply Add dibby33 to your friends list Get a Link to this Reply
The offer of investing in their christmas party was a bit of a joke. Bribery at a bank is not a good thing!
So, Ikiriki - you are a banker?
Pillar of the Community
Australia
1005 Posts
 Posted 01/17/2012  08:06 am  Show Profile   Bookmark this reply Add ozcoins to your friends list Get a Link to this Reply
For me, explaining that I collect coins (when they ask) has usually gone well.
First time, they look at me a bit strange, but on later visits its more like "Oh, you again. You are the one that collects coins." and sometimes "I have this strange thing, is it something you would like?"
Same as anything in life, be nice and polite and people are more likely to help you.
New Member
Australia
43 Posts
 Posted 01/17/2012  08:09 am  Show Profile   Bookmark this reply Add ikiriki to your friends list Get a Link to this Reply
Agreed ozcoin. If you become a regular and are polite they should be more than happy to help.

I am a banker Dibby...can't you tell from my complete lack of humor hahah
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enworb's Avatar
Australia
4411 Posts
 Posted 01/17/2012  08:13 am  Show Profile   Bookmark this reply Add enworb to your friends list Get a Link to this Reply
I go to the same commonwealth bank every day and get at least $100 worth of silver coins. They all know exactly what I do with them and don't mind. They are all quite interested. One of the tellers collects anything good that comes through like 66 50c and paper notes so I don't get any of that stuff but I don't mind. I try to alternate between 2 or 3 deposit banks but I'm pretty sure the manager at anz near my house is about ready to banish me lol the last two times she has taken my bank bags and told me I cant have them back

I vote tell them and see how you go.
Valued Member
Australia
318 Posts
 Posted 01/17/2012  08:17 am  Show Profile   Bookmark this reply Add CoinManTim to your friends list Get a Link to this Reply

I voted "keep quiet, get the coins and leave". In my experience I have only ever noodled 5c pieces - and I get $200 at a time. The tellers will either:

A) Ask you what you want them for, and this is the time to explain what you do with them.

or

B) Just give you what you asked for, because doi, it's their job and you're a customer.

It's a win / win.


I take my coins back to a different branch, usually $400-$600 at a time... that's a lot of 5c pieces. The tellers at that branch usually pick up that you collect coins... Though often they get annoyed with having to change the bag in the machine so often because the machines only hold $100 worth of 5c pieces. It's also why I take back such large quantities because it's such a pain in the bum to do it!

Note though; once I had mum pick up some 5c pieces when she was out and about and although she only grabbed $100 the teller asked what for and mum said the reason and the teller offered mum 3 x $5 1988 coins. Mum got on the phone and said "do you want them"... I said no because obviously they're not particularly valuable, but had they been good ones. BAM!

I recall a previous poster saying they were sold $200 gold coins at face value from their bank once. All the luck!
New Member
Australia
43 Posts
 Posted 01/17/2012  08:26 am  Show Profile   Bookmark this reply Add ikiriki to your friends list Get a Link to this Reply
You should see some of the stuff that people cash in for face value....
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carmykle's Avatar
United States
2448 Posts
 Posted 01/17/2012  11:29 am  Show Profile   Bookmark this reply Add carmykle to your friends list Get a Link to this Reply
Actually, it depends on the bank. If it's a large one, they usually don"t mind selling me a box or several rolls. If a small country branch, they usually won't sell a lot of boxes because they get their coinage from the local depositors.

Usually, at small branches, I'll offer to exchange already searched rolls for un-searched (if there really is such an animal) and they are much more likely to do the swap rather than loose all their change.

Oh, remember to time your arrival at the banks less busy time.

Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 01/17/2012  2:38 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply

Quote:
The offer of investing in their christmas party was a bit of a joke. Bribery at a bank is not a good thing!


One time a S&L VP called. A teller took in some premium notes and put them in the vault. Another teller wanted to buy them for resale, but then the first wanted them. Others got in the discussion.

The solution was a check to the bank for face, and one to the kaughy fund.
Edited by biggfredd
01/17/2012 2:45 pm
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trout1105's Avatar
Australia
7096 Posts
 Posted 01/17/2012  4:13 pm  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply
Just smile and say thank you
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Australia
515 Posts
 Posted 01/17/2012  4:27 pm  Show Profile   Bookmark this reply Add the-purple-penny to your friends list Get a Link to this Reply
I wouldn't tell them what you are doing. They won't care one way or the other and in disclosing it you just may be putting yourself at risk. On the other hand though if they get to know you at the bank they may well like to offload some "cash in's" to you for face so they don't have to do the paperwork.

On the funny side I was waiting at the bank yesterday and noticed a sign on an office door that "Mr XXX Halfpenny" was there for financial advice.
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collect4fun's Avatar
United States
1151 Posts
 Posted 01/17/2012  4:45 pm  Show Profile   Bookmark this reply Add collect4fun to your friends list Get a Link to this Reply
they sell dried pasta at your bank? I usually have to go to the grocery store for that .....
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erkle's Avatar
1119 Posts
 Posted 01/17/2012  5:13 pm  Show Profile   Bookmark this reply Add erkle to your friends list Get a Link to this Reply
pasta from the bank is easy, its getting the macaroni thats hard ;)
Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 01/17/2012  10:45 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply

Quote:
they sell dried pasta at your bank? I usually have to go to the grocery store for that .....

Note the poster is from OZ. We call it coin searching, they call it noodling.
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trout1105's Avatar
Australia
7096 Posts
 Posted 01/17/2012  10:52 pm  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply

Quote:
Note the poster is from OZ. We call it coin searching, they call it noodling.

I call it Madness.
I went through 800 coins yesterday to help out with a coin survey, Never again.
I'll just stick to looking through my change from now on
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