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 Replies: 41 / Views: 7,917 |
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Pillar of the Community
Australia
4411 Posts |
Just went to westpac and signed up to add another bank to my list of victims for noodling. I asked it they had any old stuff and the woman brought out $460 of paper notes and a old polymer AA $5 note. She also had 2kg of 1c and 2c coins.
So doesn't quite compete with jeffs awesome find earlier this week but I'm pretty chuffed! Edited by enworb
03/16/2012 01:10 am
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Pillar of the Community
Australia
507 Posts |
I'd love to find a bank like that lol. It's quite a surprise (and quite convenient) that they'd have such a quantity just lying around waiting for you to collect  |
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Pillar of the Community
Australia
7096 Posts |
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Pillar of the Community
Australia
552 Posts |
Enworb...was that bank metropolitan or country
From my experience metro banks want to get rid of you as quickly as possible rather than help you with collecting
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Pillar of the Community
 Australia
4411 Posts |
It was a metropolitan bank about 2km from the Adelaide. It must be that I'm such a charmer  It is now my second bank which seems as if it is accommodating of collectors. |
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Valued Member
Australia
465 Posts |
What were the terms of the bank account? Do you have to pay a monthly fee? Have a min amount in it? I was thinking about starting another account for that purpose :)
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Pillar of the Community
Australia
4411 Posts |
I am a full time student so just about every bank gives no fee accounts out to me. Otherwise I suppose there is a fee.
ANZ has a nifty scheme where you don't pay account fees if you work for a certain list of organisations. When I was working at the tax office I had no account fee with them.
I currently have accounts with commbank, suncorp, anz, bank south aus and now westpac. They are all for the purpose of noodling. It opens up so many more places to deposit/collect.
I attempt to nominate a label of dump or pick up to each bank I frequent. That way I avoid researching stuff I've already done.
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Valued Member
Australia
465 Posts |
darn those banks and their fees! When I first came across here I had to open an account (to get the monies from the house sale in Scotland transferred into). My wife had to drag me out of the bank! Why should I have to pay the bank for them to have MY money! I went right off!
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Pillar of the Community
Australia
1005 Posts |
Nice plan enworb.
I did something similar, but only 2 banks.
I have worked out that one uses chubb (commbank) and one uses armagard (st george)
I withdraw from commbank and deposit at stgeorge and that way I should not end up seeing the same coins for some time.
I do worry that withdrawing or depositing larger than "normal" amounts of coins might upset someone, but there has not been an issue so far.
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Pillar of the Community
Australia
1005 Posts |
Good dibby!
They only get away with what we let them! :)
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Valued Member
Australia
465 Posts |
My wife already had an account with the aforementioned bank and I had already moved some savings into it. I went back the next week and withdrew the whole lot. I was going to ask for it in cash - but I paid the $9 for a bank cheque. The bank (mystate) across the road now deals with my money. $10 to join it and NO monthly fees. Even I have limits. btw - that money is all gone now. - had to buy a new house. Would love to see all those numbers in my bankbalance again :) ...imagine all the coins that I could buy!
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Pillar of the Community
Australia
4411 Posts |
On a different note I searched $600 of 50c today. I got $200 from three separate banks, each time it was an armaguard $200 bag. I noticed that there was a large number (30-40) of UNC 2004 student design coins.
By this I don't mean they were ok for age but I mean they were UNC. This was the first time they were entering circulation and my best guess is that armaguard have had them for a few years and are only now releasing them at their processing facility.
Also a very high number of 1971 50c (15-20) that were in very good condition. Not as good as the 2004 but still had full lustre with no significant dings. I think armaguard has a huge part to do with when we get out coins, perhaps more so than the RAM.
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Pillar of the Community
Australia
762 Posts |
Quote:
I withdraw from commbank and deposit at stgeorge and that way I should not end up seeing the same coins for some time. It always bemuses me a bit how worried we are about getting noodled coins back. It's not as if the Bank keeps our money in a shoe box with our names on it. I deposited some noodled coins at the Bank today in the coin counting machine. It stopped half way through and needed to be emptied by one of the staff. Inside were bags full of hundreds of dollars of coins. Behind the tellers were more bags with hundreds of dollars in them. When you consider all the customers they have, all the shops depositing/withdrawing change, I find the odds that we will get coins we've already noodled given back to us to be pretty much zero. |
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Pillar of the Community
Australia
4411 Posts |
I would disagree seeing as some banks dont stock too much coin. The vast majority of banks here in Adelaide dont have coin counting machines and the tellers deal with all the coin. They only keep a certain amount and send off what they dont need. If they are low the next week they order it in. So if they have a stock of $1000 5c and in a week I get $500 and take it back to them I have a good chance of getting the same coins if I get some more.
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Valued Member
Australia
465 Posts |
so... if a bank has a coin counting machine, then more people are going to be dropping off their cash there. ergo only drop and retrieve coins at a bank with a machine.
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Pillar of the Community
Australia
4411 Posts |
I would rather get coins I know have come from armaguard as they come from a huge stock. When theyre in bank bags I just get bad vibes. I know its paranoid now that I think a little more but we are a crazy lot... or maybe just me.... yeh just me is probably more accurate  |
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Replies: 41 / Views: 7,917 |
Posted 03/16/2012 12:28 am
