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 Replies: 19 / Views: 4,309 |
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Pillar of the Community
United States
6370 Posts |
I found a nice 1964 D Roosevelt dime. I always look at the tray to see if there is anything interesting, and I saw the tell-tale silver rim. I half-expected to see a Canadian dime, but this was a pleasant surprise. I proceeded to tell the teller what I had found, and then she told me a story about a past customer. Apparently, he had been left a whold bunch of classic silver dollars and gold coins, but due to his desperation for cash, he tried cashing them in for face. He wouldn't listen to the teller when she told him he was making a mistake. She couldn't take the gold, but she did take the dollars, which were sold to the next customer in line. I wish I had been there... I would have offered 5x face.   |
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Rest in Peace
United States
18456 Posts |
Nice to know there are still 90% silver out there .  |
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Pillar of the Community
United States
1911 Posts |
Huh are banks not allowed to take gold coins?
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Pillar of the Community
 United States
6370 Posts |
I think any pre-1986 gold is no longer legal tender. Silver coins still are.
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Pillar of the Community
United States
556 Posts |
Nice job finding the silver  I love it when tellers work with you and give you coins you want. The best find I've gotten directly from a teller has to be a 1934 Walker. Also the oldest half I've ever found. |
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Pillar of the Community
United States
3546 Posts |
When one hears stories about people having no clue about coins it's still hard to imagine that these folks wouldn't even take the time to first ask a couple of places to keep everyone honest.
That's one of the great features about unfettered capitalism and a US citizen's freedom to choose w/o governmental interference etc...
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Pillar of the Community
United States
4333 Posts |
Nice find, love those teller trays -
The bank teller cannot accept more than face value for a coin off the line. Several banks here have a no-accept policy, when it comes to certain collectible/silver coinage.
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
998 Posts |
The gold coins are still legal tender but they probably wouldn't accept coins they don't recognize, legal tender or not.
There is no law or rule requiring banks to accept any coins for deposit or cashing if they choose not to.
Edited by n9jig
08/05/2016 07:52 am
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Moderator
 United States
189340 Posts |
Nice find. Too bad you missed out on the mother lode.
And n9jig is right, legal tender laws to dot apply to deposits, only for paying debts.
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CCF Advertiser
United States
1533 Posts |
A teller should cannot accept non-legal tender coins, but if I were a teller, I'd have a hard time turning away double eagles from 1932 and older at face.
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Pillar of the Community
United States
2917 Posts |
Timing is everything. I wonder what came of that gold...
I haven't spied silver from a tray yet, but hopefully it will happen someday soon!
CRH Nickeloholic. 1,600,000 nickels searched in eight years! Have found FOUR complete Jefferson sets!
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Valued Member
United States
202 Posts |
That's a sharp eye to spot a silver dime!
Very nice find.
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Pillar of the Community
Canada
5246 Posts |
The most interesting thing about @Typecoin971793's story is that the person cashing them in seemed bound and determined to lose a lot of money. they were so desperate for cash but they wanted to dig their hole deeper. Maybe the reason they were so desperate is that they couldn't even take the slightest steps to maximise their resources.
Oh, well, they made their choice despite informed advice from the bank teller who was trying to help.
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Pillar of the Community
United States
634 Posts |
The teller knew the coins were valuable and didn't buy them themselves?
Wish I could have been the next customer in line.
Nice job with the silver dime!
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Valued Member
United States
51 Posts |
I've been told several times by cashiers in grocery stores, liquor stores, etc. in the last few years that in the previous week or so someone, usually a teenager, had come in with a bunch of silver coins and used them to buy stuff with at face value. Invariably the story goes that the coins were in really good condition, and had probably been swiped from their dad's coin collection. They always bring it up when they see me going through my change, checking the dates.
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Bedrock of the Community
United States
11951 Posts |
amazing story ... to pick up gold coins in circulation, that is like a dream.  |
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Replies: 19 / Views: 4,309 |
Posted 08/04/2016 10:53 pm
