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For Those Who Use Td Bank

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rachums107's Avatar
United States
3345 Posts
 Posted 07/27/2012  1:21 pm Show Profile   Bookmark this topic Add rachums107 to your friends list Get a Link to this Message Number of Subscribers
For those who use TD bank:

All the coins they give you in machine rolled form are from people who have dumped in the Penny Arcade, the coin counter at TD Bank. So if someone dumps a bunch of silver dimes in a Penny Arcade, it will end up in a TD Bank box of dimes.

Or at least thats what my teller told me.

Good Luck
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amida17's Avatar
United States
4897 Posts
 Posted 07/27/2012  1:59 pm  Show Profile   Bookmark this reply Add amida17 to your friends list Get a Link to this Reply
Their machine is not set up to reject silver?
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Indian1's Avatar
United States
3640 Posts
 Posted 07/27/2012  4:43 pm  Show Profile   Bookmark this reply Add Indian1 to your friends list Get a Link to this Reply
The TD's nearby me just started a new "not an account holder - you get no coin" policy. Since they put in those juvenile coin counters they never got many customer wrapped rolls anyway. I have no idea if the machines keep or reject silver. Won't test it either as I am not an account holder. Kind of hard to actually trace what happens to the loose coin as they are bagged then hauled off by what ever armored truck service the bank uses. Maybe they all are under contract to use just one Co. maybe not. Maybe they also maintain the machines themselves and not the bank. Possible, but almost unlikely that the same coins that went out come back only to TD banks. The coins are always recounted before they are machine wrapped. Those machines most likely reject the silver and foreigns etc. before hand. I do much better searching customer wrapped rolls for silver (see recent post) than those machined pain in the butt rolls. With one exception, and that being cents.
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Petersun's Avatar
Canada
1700 Posts
 Posted 07/27/2012  5:47 pm  Show Profile   Bookmark this reply Add Petersun to your friends list Get a Link to this Reply

Quote:
not an account holder - you get no coin

Not even when a kid wants to exchange a roll of loonies for cash.
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M0nks's Avatar
United States
1770 Posts
 Posted 07/27/2012  7:16 pm  Show Profile   Bookmark this reply Add M0nks to your friends list Get a Link to this Reply
sometimes they reject sometimes they dont I have tested it a few times (cause I knew I could get the coin back, yes one of the people who changes the bags for me is really nice) so I put a silver dime in 4 times and twice it came out so yea its 50/50
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Steele's Avatar
United States
1119 Posts
 Posted 07/28/2012  11:53 pm  Show Profile   Bookmark this reply Add Steele to your friends list Get a Link to this Reply
Monks- what about quarters have you tested for quarter rejects? I don't know of anything that rejects the silver Quarters
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BernieZ's Avatar
United States
713 Posts
 Posted 07/29/2012  01:19 am  Show Profile   Bookmark this reply Add BernieZ to your friends list Get a Link to this Reply
Guys, I use the TD banks for dumping. Today I actually picked up a box of quarters and a box of nickels. There was no charge, and I was not asked if I had an account, although I do. They won't order half dollars for me.

The coin machines, as far as I know, are maintained by the tellers and mgt. At least in terms of emptying the bags once they're full, bringing them to the vault and logging them. From there, Brinks or whoever pickes them up.

It's kind of a pain to dump there because the machine stops every hundred dollars. So, I normally don't dump more than 2 zippers pouches at a branch at a time. The receiving coin buckets in the machines have magnets on them, to stop foreign coins and debris. I scrape them before I start, and I have found hundreds of foreign coins, golf markers, and 1943 steel pennies!
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BernieZ's Avatar
United States
713 Posts
 Posted 07/29/2012  01:20 am  Show Profile   Bookmark this reply Add BernieZ to your friends list Get a Link to this Reply
Just want to add, I ask the tellers if it's okay if I have the foreigns, and they generally say yes.
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M0nks's Avatar
United States
1770 Posts
 Posted 07/30/2012  7:03 pm  Show Profile   Bookmark this reply Add M0nks to your friends list Get a Link to this Reply
steele, yea same thing for quarters sometimes they reject other times they do not (forgot to mention I also tested the quarters)
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