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 Replies: 45 / Views: 5,656 |
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Pillar of the Community
 United States
6478 Posts |
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Jgfindring, pretty much hit the nail square on with his claw hammer. It is "rich" the sense of entitlement CRH so called numismatists have. Banks are a business like any other and are there for a profit and must answer to their customers and shareholders. To have a CRH come in and get let's say 200 rolls of nickels or what ever and then come back and redeem them is costly in time and money to a bank.
To discourage this some banks and credit unions are charging per roll above and beyond one or two rolls. Both of my banks, where we have most of our accounts charge 15 cents a roll out and 2 per cent deposit back over and above a couple of rolls.
Open question to CRH ers ......... Based on your real time involved just exactly what do you expect to find out there that would pay more than a minimum wage job. Coin roll hunting is not the same today as it was when I was a young numismatist. There were lots of scarce items and good silver coins available when I was a boy . Two paper routes were my funding source.
Some real good advice , all the time wasted coin roll hunting is better managed in other numismatic pursuits. Spend some of that time frequenting a local coin dealer or two or a flea market or even join a coin club. Drop the sense of entitlement that so many of you current CRH ers seem to have . There really is no place for socialism in numismatics ...... This is amazing.  |
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Pillar of the Community
 Canada
5400 Posts |
Thanks for the compliment SSkid I majored in English and Economics.  In all seriousness sounds like you have some numismatic smarts. Use them wisely and you will blossom as a numismatist. What you and others are completely missing is the fact that there are far better ways to acquire coins than plowing through rolls and annoying bank employees. Edited by Pacificoin
10/01/2015 6:59 pm
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Pillar of the Community
United States
6478 Posts |
Not for ME though. As I stated before, there are no local coin shops. And, I am too young for a job nowadays. Soooo, CRH is my only option for acquiring valuable coins. And trust me, I have found quite a few.
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Pillar of the Community
1325 Posts |
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Those disappeared in this country a long time ago. You clearly aren't in the US if you claim savings accounts are gone.Google any bank name and they will ALL have personal savings accounts I can pretty much bet. |
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Pillar of the Community
Canada
519 Posts |
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Thanks for the compliment SSkid I majored in English and Economics.
In all seriousness sounds like you have some numismatic smarts. Use them wisely and you will blossom as a numismatist. What you and others are completely missing is the fact that there are far better ways to acquire coins than plowing through rolls and annoying bank employees. And what you fail to realize is you are losing customers with every keystroke. |
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Pillar of the Community
1325 Posts |
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And what you fail to realize is you are losing customers with every keystroke. Pacificoin is not a person but a business? NO wonder they don't want CRHers because they hurt their precious overpriced coin business! it makes sense now. Why would ANY coin dealer want people to get older coins for face value when the coin dealer could rip them off instead!  |
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Pillar of the Community
United States
1295 Posts |
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Based on your real time involved just exactly what do you expect to find out there that would pay more than a minimum wage job. This statement shows that you still do not and most likely will never understand what this hobby is truly about. Coin collecting and roll hunting are not the equivalent of a job, and should never be looked at as one. It is a HOBBY. It is just a fun thing to do that occupies time that could have been spent in bars, playing video games, etc. There are plenty of things to still be found out there; Buffalo nickels, Liberty nickels, wheat cents, silver, varieties, you name it. I'm sure it was easier to find stuff "way back when" but I suspect you had it a little bit too easy, and don't know what it means to have to actually put some effort into searching. You grew up with the "get rich quick" mentality, and didn't stop to think that this isn't about profits, its about personal enjoyment. You, sir, obviously have forgotten that this is a HOBBY, and nothing more. I would be laughing at your ignorance if it wasn't so incredibly sad.  |
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Pillar of the Community
Canada
5400 Posts |
@ shadz. Yes indeed I am a coin dealer and have been in the trade for well over 40 years. We are very very well respected and certainly are not in the business to rip off customers. In fact I gave given back to the hobby through mentoring and education in addition to having made an honourable living through numismatics. You are completely missing the point.
@o train .........losing customers with every key stroke , I hardly believe that to be the case . In fact since our move we have never done better. Anyone who has ever dealt with us gets excellent service , and a good product all at a fair price.
@ roll searcher 37 you are so far off base that your comments are not worthy of a reply, except to say that I am far from ignorant and have given back to the hobby as much as I have gained from it.
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Pillar of the Community
United States
1788 Posts |
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not worthy of a reply If it's not worthy of a reply, why reply then. |
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Pillar of the Community
United States
6478 Posts |
Why haven't you replied to my rationalized logical reasoning for coin roll hunting? You have a quite dogmatic view on this spectrum of the hobby.
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Moderator
Canada
10460 Posts |
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In all seriousness sounds like you have some numismatic smarts. Use them wisely and you will blossom as a numismatist. What you and others are completely missing is the fact that there are far better ways to acquire coins than plowing through rolls and annoying bank employees. Jack, you are missing something here... For some people, it is not about profit, it is not about learning something new. It is a form of the hobby, which people can gain immense pleasure doing something that I call (for lack of better words) - "The thrill of the hunt". I do the same thing with BU rolls and mint bags, searching for high grades and errors. Some people spend hours a day, walking fringes of golf courses, seeking to add a new golf ball to their collection... how does that fit into your model? What about those who find coins or trinkets by metal detecting? For you, and most dealers out there, coin roll hunting is a poor investment of time - for others, it is a simple form of pleasure. If that is something you cannot understand, then I would ask you not to venture into this sub-forum and antagonize those participating here. "Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Pillar of the Community
Canada
5400 Posts |
Oh I do fully understand the " rationale " behind coin roll hunting, that is exactly how I got my start. Even today if I see a bag or roll of old stuff at a coin shop or show I am tempted to take the plunge. Roger ,certainly not trying to antagonize those who wish to partake , just offering the fact that there are plenty of other ways to pursue our great hobby. As to the golf ball scenario .......gave that up years ago, no where to store the found golf balls and the green fees kept me from getting more coins! Please have a good day folks and remember .......nothing wrong with a good solid debate,even if one is in the minority here!, |
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Moderator
Canada
10460 Posts |
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...just offering the fact that there are plenty of other ways to pursue our great hobby. You should know that most people are not openly receptive to alternative suggestions in our hobby, especially in an environment created especially for them (i.e., this sub-forum)... people are creatures of habit. Here is an analogy.... I ride a motorcycle to work (and love it), do you really think I want to hear from those who offer suggestions of other ways to do so, like taking the bus or rapid transit?  "Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Pillar of the Community
United States
757 Posts |
Well that escalated quickly.
Let me put in my two "non flaming" cents. I run a business and my wife is a banker, so I think I have a unique look into this situation. As a business you need to make money to keep the doors open. If an account holder comes in and asks for change you do your best to meet the needs of the customer. If you have to lose a few cents by giving them coin rolls you should make that up in a fee from an account or loan repayment they may have with you.
Now if a non account holder comes in and asks for change, what's in it for the bank? They are not gaining or losing any money at the time just transferring it from one denomination to another. The loss starts to occur with time "wasted" on that transfer. Then if a teller runs low on change they have to go to a vault. This usually involves getting a second teller to go to the vault with them. Now this innocent exchange of change has taken 2 people off the floor which could affect customers wait time. Not to mention it could make the numbers fall to a reorder level causing even more of a loss of money with paying shipping on a coin order.
Will a bank take a risk and give a non account holder change? Sure they will, but (not trying to attack the OP here) that customer should be someone who may open an account. If the OP is too young to work why would the bank care about them? A lot of people feel "the customer is always right" theory holds true, but in reality a bad customer can cost you more aggravation than they are worth. I have banned people from my business and told more than one customer they weren't right. Usually the self entitled customers will quickly realize they were being totally unreasonable and apologize when put in their place.
At the end of the day if you want to search rolls so be it, if you don't like it so be it. If you are having troubles finding a bank to give you rolls, improvise! Put a flyer up offering to roll and buy change from people. Hit up vending machines put a dollar in and push the return button. Look on the ground. There are other options to get change.
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Pillar of the Community
967 Posts |
My question is: Where did all the coins that the coin dealers are selling originally come from? If individuals were not actively roll hunting for coins there would be a lot fewer coin dealers.
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Replies: 45 / Views: 5,656 |
First Page
Posted 10/01/2015 6:58 pm
