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How Much Is Too Much To Order From The Banks?

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Valued Member
United States
370 Posts
 Posted 01/03/2013  5:23 pm  Show Profile   Bookmark this reply Add yvairguy to your friends list Get a Link to this Reply
52Raymo, it cost them or they pass that on to you?
Valued Member
msteele's Avatar
United States
67 Posts
 Posted 01/04/2013  3:35 pm  Show Profile   Bookmark this reply Add msteele to your friends list Get a Link to this Reply
my bank agreed to order coins again for me only 4-5 a week now though

Valued Member
United States
370 Posts
 Posted 01/04/2013  9:49 pm  Show Profile   Bookmark this reply Add yvairguy to your friends list Get a Link to this Reply
msteele how many were you ordering before? One of the banks told me this week they don't have a problem with CWR but it cost them 5 dollars a box to order coin
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52Raymo's Avatar
United States
8516 Posts
 Posted 01/04/2013  10:21 pm  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list Get a Link to this Reply
I have to pay the five bucks so I get my boxes somewhere else.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
Valued Member
United States
370 Posts
 Posted 01/04/2013  11:15 pm  Show Profile   Bookmark this reply Add yvairguy to your friends list Get a Link to this Reply
kind of why I was asking, I don't want to get cut off, or get to where they are going to charge me, unless I was halves and there was some silver in every box
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corey9493's Avatar
United States
78 Posts
 Posted 01/05/2013  8:30 pm  Show Profile   Bookmark this reply Add corey9493 to your friends list Get a Link to this Reply
I spread my purchases over as many different US Bank branches as I can. I pick up one bag of nickels and one bag of pennies at a time, so not much. Just last week I was told for the first time that there would be a $5.00 fee per bag because I am not a business customer. I told them no thanks on the bags, and went to a different branch nearby and got them with no fee. Seems I have been lucky so far with the fee, and also not buying too much at a time. Plus, I am buying from their stock, they don't order them specifically for me, so that may help.
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ngs428's Avatar
United States
359 Posts
 Posted 01/05/2013  9:52 pm  Show Profile   Bookmark this reply Add ngs428 to your friends list Get a Link to this Reply
Getting coins from banks around me is almost impossible. Unless you want to pay $5 per box. Even if I was willing to pay $5 per box I am sure they would raise that to $10 after a few boxes... Basically they are saying get out of here..

I was recently getting boxes from a bank I have a loan at. When I got my first box there wasn't an issue. They were very friendly in fact. I only asked for them to order about 6 boxes total for me over a 4 month stretch and that was enough for them to effectively cut me off. $5 a box is now my cost, so I will not be getting them there. I had other banks that have taken the same policy, I really can't get coins anymore. I may have to spend the time I used to use on CRH to work on filling my type set. Or more time with the family!

I hear about the quantities of coins some are able to get and I think that it sounds unrealistic to me.. One advantage they may have is that they may be living in a larger area with more bank branches. More banks, more options, more competition between banks...

The end of coin roll hunting has come.. RIP..
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FadeToBlack's Avatar
1751 Posts
 Posted 01/06/2013  12:12 am  Show Profile   Bookmark this reply Add FadeToBlack to your friends list Get a Link to this Reply

Quote:
I hear about the quantities of coins some are able to get and I think that it sounds unrealistic to me.. One advantage they may have is that they may be living in a larger area with more bank branches. More banks, more options, more competition between banks...


Sitting in my living room, waiting to be dumped off at the recycling place tomorrow...

How-Much-Is-Too-Much-To-Order-From-The-Banks?

When there's a will, there's a way.
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52Raymo's Avatar
United States
8516 Posts
 Posted 01/06/2013  12:28 am  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list Get a Link to this Reply
.....and right there is the reason banks are starting to charge fees.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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FadeToBlack's Avatar
1751 Posts
 Posted 01/06/2013  12:35 am  Show Profile   Bookmark this reply Add FadeToBlack to your friends list Get a Link to this Reply

Quote:
.....and right there is the reason banks are starting to charge fees.

Guess what? At $5 a box, I'm still finding enough silver to make it worthwhile.

Last year;
How-Much-Is-Too-Much-To-Order-From-The-Banks?
Edited by FadeToBlack
01/06/2013 12:41 am
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52Raymo's Avatar
United States
8516 Posts
 Posted 01/06/2013  12:50 am  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list Get a Link to this Reply
I bet you paint or mark the coins too.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
Valued Member
United States
370 Posts
 Posted 01/06/2013  12:52 am  Show Profile   Bookmark this reply Add yvairguy to your friends list Get a Link to this Reply
those looks like penny boxes, that would be a bunch of marking if so.
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FadeToBlack's Avatar
1751 Posts
 Posted 01/06/2013  12:56 am  Show Profile   Bookmark this reply Add FadeToBlack to your friends list Get a Link to this Reply

Quote:
I bet you paint or mark the coins too.

Wrong. Not all volume hunters believe in marking... I dump marked plated coins with my dumps, one per bag... already destroyed coins.



Quote:
those looks like penny boxes, that would be a bunch of marking if so.


What? You must have weird cent boxes where you come from. They're half dollar boxes.
Edited by FadeToBlack
01/06/2013 12:57 am
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fistfulladirt's Avatar
United States
4333 Posts
 Posted 01/06/2013  07:37 am  Show Profile   Bookmark this reply Add fistfulladirt to your friends list Get a Link to this Reply
I've never been charged a fee to order, and I also have banks in my area that will order for me even though I have no account there.
When a teller says "it costs us (fill in the blank amount) to order coin for a customer", I take that with a grain of salt, and that same tellers says, "the coins come from the Fed" lol. You can ask a teller in any bank, you won't get a truthful answer. My wife has been in the banking industry for years as teller, loan officer, and she also handles the vault reception and shipping of coin. I asked her "what is the actual cost to order coin/currency", she had no idea and said corporate handles that.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
Edited by fistfulladirt
01/06/2013 07:39 am
Valued Member
DobermanOwner's Avatar
United States
125 Posts
 Posted 01/06/2013  08:43 am  Show Profile   Bookmark this reply Add DobermanOwner to your friends list Get a Link to this Reply
I order 2 boxes of nickels and 2 boxes of halves once a week with US Bank and they don't charge me. I have an account there if that matters.
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