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 Replies: 17 / Views: 4,314 |
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Valued Member
United Kingdom
216 Posts |
I was wondering whether anyone can go into a bank and purchase coins by the roll, or whether you have to be an account holder?
We don't have rolls of coins in the UK and it's something I'd like to do on my next visit if possible.
Thanks
*** Moved by Staff to a more appropriate forum. ***
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Pillar of the Community
United States
1234 Posts |
Most banks usually do require that you have an account, but you can set it up with $100 dollars and empty the account when you go home.
Most stores will have rolls too that they would let you have.
It does take a while to go through them and with out major volume the chances of silver are low, would you be doing mostly quarters to get the states and parks or a bit of everything?
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Pillar of the Community
United States
2077 Posts |
Most banks official policy is that you need an account, but unless you look really sketchy, they won't ask.
Note that most rolls at the bank will be rerolled circulated coins. Finding new rolls is not that common.
Edited by OldSkoolMadSkilz
04/11/2014 5:07 pm
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Valued Member
 United Kingdom
216 Posts |
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Pillar of the Community
United States
6130 Posts |
Most banks won't give rolls of coins to non-members as a matter of policy, but if you explain that you are a visitor from the UK, most should be happy to give you a roll or two as long as you're not trying to get like $100+ in coins. If you don't have any luck with banks, cashiers usually have an extra roll or two in their drawers. I'd try for a gas station or drug store. Cashiers will usually be more than happy to offload their coins if they are near the end of their shift. Also, what exactly are you looking for? Here's some basic info on rolls of different denominations: Cents - 50 cents to a roll. Fair chance of getting either brand new cents or a roll of mixed older cents. Fairly good chance (maybe 10-20% per roll) of getting wheat cents if you like those. Nickels - $2 to a roll. Most I've ever run into are mixed old coins. About 30-50% chance of getting an old (1938-1959) nickel, and you're almost guaranteed to get a 1964 in the lot as well. Dimes - $5 to a roll. Again, most will be mixed coins from 1965-2014. Quarters - $10 to a roll. Expect a 50/50 mixture of 1965-1998 and State Quarters (1999-2008). Half dollars - $10 to a roll, but don't expect to find any unless you completely luck out. Some bank tellers will have a few loose halves, which would make a good souvenir. Dollar coins - $25 to a roll. You shouldn't have much problem finding these. Expect your roll to be roughly 1/3 SBA dollars (1979 or 1980), 1/3 Sac dollars (2000-2001), and 1/3 President dollars (2007-2011). |
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Bedrock of the Community
13014 Posts |
I'd just go ask real quick and see if they just do it before giving a story. A decent amount of tellers might just do it without checking if you just ask for a small amount and lay some cash on the table. Restaurants do it all the time when they need change
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Pillar of the Community
United States
2077 Posts |
10 to 20% wheat cents? Is your bank near a retirement village? I hardly ever see them.
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Bedrock of the Community
 United States
12840 Posts |
Quote:
10 to 20% wheat cents? Is your bank near a retirement village? I hardly ever see them. Agreed. My hit rate on wheat cents averages around 10-20 per BOX, which is less than 1% (2,500 cents in a box). |
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Valued Member
Canada
95 Posts |
I am from Canada, and can go into any bank and ask for rolls of change. I've never been turned down.
I also live by the American border, and have been to three different banks, told them that I do not have an account with them, all three banks have given me rolls of change.
$100 in halfs. $100 in dollars , (no ikes). At a time.
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Pillar of the Community
United States
6130 Posts |
Agreed that the best way to get rolls of coins is quickly and with cash in hand. And to clarify, I meant that there was about a 10 to 20% chance that any given roll would have a Wheat penny in it. Where I live, you can usually expect to find at least one Wheat penny if you search 5-10 rolls at a time. Wheat pennies haven't been 10-20% of circulation since the 70s apparently... just too many people hoarding them! |
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Valued Member
United States
126 Posts |
I will sometimes drive around and 5.00 worth of rolls at differant banks.never a problem.25.00 boxes though I only get from my bank.
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Valued Member
United States
105 Posts |
I've heard before though that some banks don't appreciate it when you get massive amounts of boxes from them, because even though they're worth the same amount of money, they cost more to transfer around on an armored truck. It never hurts to ask though.
Edited by KevinSun242
04/12/2014 11:57 am
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Pillar of the Community
Canada
5417 Posts |
There are not rules as such. Although it is much easier if you are a regular customer at the bank (Have an account with them and keep $50-$100 in it) and it's not just a one-time thing. I usually drop by TD Canada or CIBC and pick up my rolls, 3-5 at a time and them go back a few weeks later to drop off the coins I don't want. Overall a very smooth practice if you know the tellers.
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Pillar of the Community
United States
1234 Posts |
Quote:
(Have an account with them and keep $50-$100 in it)  I leave 10 cents in mine  , but I've had the account for more than 20 years. |
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Pillar of the Community
United States
3486 Posts |
proofreader,
Americans are enthralled by an British accept. Sing the praises
of your visit. Tell the you promised your nieces and nephews souvenirs from the Colonies.
"I thought some American Coins would fascinate them."
You'll do alright.
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Pillar of the Community
United States
1234 Posts |
 bumbling foreigner (Mr. Bean) or charm and wit... Thomas Crown/Jimmy Bond - both work  Good luck with it  |
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Replies: 17 / Views: 4,314 |
Posted 04/11/2014 5:05 pm
