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 Replies: 21 / Views: 3,956 |
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Valued Member
United States
339 Posts |
for a while I've been told to get customer rolled rolls of coins at the bank.
my first time going for customer rolled vs federal rolled went like this.
i got $40 that I saved up in tip money for CRH and got 4 rolls of quarters, went home opened them up and total was missing $1.75.
one roll was missing .75 cents another .50 cents and a quarter out of the other 2 rolls.
either people dont know how to count or the bank cant obviously tell when a roll of quarters is missing 3 or more quarters. I didnt even find what I was looking for anyway
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Valued Member
United States
250 Posts |
Sometimes your the windshield other times your the bug....stuff like this happens all the time I don't get cwr ever for this reason but have herd of others finding complete rolls of silver or straight up washers
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Pillar of the Community
Canada
3692 Posts |
Just keep your guard up in the bank. Whenever I get rolls I do a random test on 2-3 rolls to keep them on their toes, and when I do find a roll that is missing a couple of coins or anything else "funny" I point it out to them then and there. That solves the problem immediately and it forces the bank to do their own due diligence and find the culprits. I mention to them that it hurts the bank and the customer at the same time and they have wised up a bit since then. At my bank they keep track of the amount and denominations of coin rolls they receive and give out, and it would behoove them to separate these coin lots into "dates" where they can track down who deposited the skunked rolls.
Moral is: random spot check a few rolls even if it takes a couple extra minutes to do it because the problem gets solved instantly and you don't look like a liar if you come up to the teller 30 minutes later with a bad roll. Also, you can shake a roll to hear if the crimp is loose. That's what tellers do to me when they receive my rolls.
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Pillar of the Community
United States
4333 Posts |
The hobby may not be for you. I buy thousands of dollars of customer rolls at a time knowing that I may be shorted. If I am, I keep it to myself. I know it's not right, but if I beetch about it, I may get cut off...it goes with the hobby and shorts are to be expected. The finds more than make up for the losses.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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Pillar of the Community
United States
1200 Posts |
Gotta agree w/fistfulladirt---When I pick up coins, it's always a 4 box minimum of whatever I'm getting that day--and usually more if it's dimes or pennies.
I've given up on even keeping track of how many times I've been shorted on bank box rolls. I think I've been shorted less with CWRs than with the bank
box rolls. In addition to that, I find more foreign coins in the bank box rolls.
Nonetheless, I don't complain to the head tellers who are nice enough to order what I ask for. They're valued allies and I'm not about to get grouchy with
them because I got shorted by an amount in the bus fare range.
Anyhow---I think I've probably had rolls that were over to almost the same degree that I've gotten shorted. I'm probably pretty close to even in the long run.
Better an occasional shortage than a several dollars-per-box "service fee" like I know some CRHers are faced with...
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Pillar of the Community
United States
3546 Posts |
Hello,
Although my suggestion is not always 100 percent accurate it should at least provide you with very consistent yields to receive full rolls of quarters when a bank teller is handing them to you individually at the window in person.
Firstly, politely explain your past predicament to the teller and then proceed as follows:
After obtaining the teller's approval to use your 10 dollar portable digital scale to spend four seconds to weigh each roll, reject any role that weighs less than 228 grams which is the weight of 40 post-'64 quarters.
If a roll weighs more than 228 grams you should still accept it since it may have a silver quarter or two.
This procedure will only work if quarters are in the roll without any non-quarter material enclosed.
mdpmedia
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Pillar of the Community
1751 Posts |
That's fine, more for me.
Have fun not finding silver. :)
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Pillar of the Community
United States
593 Posts |
Customer wrapped rolls can be trash or treasure, My trash experience was $35 in cwr dimes where the tweaker had shoved a dime on each end and pennies in the rest of the roll, the good news I got my bank to refund the money with no problem. The treasure experience 2 rolls of cwr dimes one roll containing 25 silvers the second roll containing 37. I prefer cwr dimes and halves to boxes and do quite well on them as for quarters I generally stay away from them as they are the poorest silver producers.Also if you expect to find anything you should plan on searching several thousand dollars a week in coins
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Pillar of the Community
United States
4333 Posts |
SFboy, were names or acct# on those rolls? The bank can debit an account for whoever turned them in short. I get short rolls all the time, but like I said I search a min of $1k in cwr at a time, and 90% of the time unmarked, no name or acct#. I know that many times acct#'s will be blacked out by the bank before sale.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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Pillar of the Community
United States
593 Posts |
Thats the funny part the idiot put an account number on the rolls though not certain if was their real number
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Pillar of the Community
United States
1200 Posts |
Putting your acct # on CWRs...wow! There's a great idea. Too bad the turkey didn't put his SS# on the roll, too.
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New Member
United States
10 Posts |
Too bad the turkey's bank makes them write the account number on there. I had a pickup bank that required account numbers to be written on rolls, the numbers were blacked out before being handed over though.
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Pillar of the Community
United States
4333 Posts |
Almost all of my banks require name or acct# on rolls when turned over the counter. My dump bank does not require it of me. If paying with multiple rolls at the gas station or party store, they usually want a name and tele #.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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Valued Member
United States
381 Posts |
Don't give up xAGENTxMULDERx. Just find a better bank to get your coin. I know what its like to sort on a budget, I think most everyone has been there. Good luck in 2013.
I normally sort halves and nickels. The halves are mostly bank wrapped and I'm rarely short or over by more than 1 coin. The nickels are hit and miss. One of my banks takes CWR and puts them in bank boxes and tapes them closed. If I get numerous rolls that are short, I will stop picking up rolls at that branch for a while. Numerous meaning, If the whole box is off more than $2 in value. Unless I get some good coins or silver out of the boxes. I'll simply go to another branch or a different bank.
Most of my banks are eager to get rid of their CWR. If the rolls sit in the vault very long the tellers have to unroll it and put it in bags for the armored car service to pick up. They have told me I am actually doing them a favor by taking the CWR.
Example:
My last 2 boxes were short 95 cents for both boxes but I was able to pull 7 silver nickels and 50 pre-1960 coins out. I'll probably go back on Monday and see if they have any more.
Most of my banks do not require the customer to write their banking information on the rolls. Security concerns. So there is no way for the bank to trace the rolls back to the customer. A few of the tellers are able to recognize a short roll when they see it but most will the count them up and give the customer credit.
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Pillar of the Community
United States
1200 Posts |
In this age of identity theft and personal info security-consciousness, I have trouble believing any bank would have the gall to require ANY
personal info on a roll of coins. Hopefully blacked-out or not... An inattentive teller might neglect to do the blacking-out before turning your
roll loose and it's frequently possible to see blacked-out writing. I wouldn't put up with a customer-unfriendly attitude like that for one second
and I can't imagine why anybody would. I'd take a bank copping an attitude like that on me as a clear message that they didn't want my
business and I'd be sure to let them know that when I closed out my accounts with them.
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Valued Member
United States
381 Posts |
I shred any wrappers with customer's information on them. I have found that most of them come from the older customers. I printed my account number on the wrapper when I first started rolling coins and taking them to the bank. This was many years ago. I'm always amazed at how large institutions seem to be unwilling to protect your, the customer's, personal information.
For example, I decided to go back to school and get my degree a few years ago. While attending community college, I went to the counselor's office to get advice about my major. You were required to write your name and student ID number on a sign in sheet that was at the front desk for everyone to see. The problem was, my student ID number was my SSN. I refused to write my number down and complained to the Dean of the school. When they didn't seem to understand my concern, I asked them to please supply me with their SSN if they thought my concerns were unwarranted. They were unwilling to do so and soon changed their policy. I was shocked at the number of young students that saw nothing wrong with leaving that kind of information on display.
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Replies: 21 / Views: 3,956 |
Posted 12/29/2012 01:46 am
