Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Specializing in Modern Numismatics 300,000 items to help build your collection! Join Thousands of Coin, Bullion, & Money Collectors Royal Estate Auctions - $1 Coin AuctionsRoyal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Coin, Banknote and Medal Collectors's Online Mall Vancouvers #1 Coin and Paper Money Dealer








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Banks Won't Say What Car CO Services Them And How Far Away To Dump

To participate in the forum you must log in or register.
Author Previous TopicReplies: 24 / Views: 5,106Next Topic
Page: of 2
Valued Member
Ben Cartwright SASS's Avatar
United States
107 Posts
 Posted 01/07/2018  06:48 am Show Profile   Bookmark this topic Add Ben Cartwright SASS to your friends list Get a Link to this Message Number of Subscribers
I keep asking banks what car company services them and they act like I am asking for nuclear codes. How do I make sure what company get's their coin counter bags? I am pretty sure that if I ask for MWR of dimes or quarters that is probably the armored car company, but...
I know on the dimes Loomis puts their names but boxes of halves I have gotten at the same bank have no name but have yellow lettering. What does Guardia use and others?

Finally I was thinking that if I can get Loomis boxes at certain banks then I would want to find a bank that uses Wells Fargo or Guardia or someone else.

However if I cannot tell how far away would you have to dump to reduce the odds of getting your own dump in a coin counter back? I live in the south Metro Boston Area.

I also would prefer not to drive more than 20 miles to a dump bank
Pillar of the Community
John77's Avatar
United States
2910 Posts
 Posted 01/07/2018  11:37 am  Show Profile   Check John77's eBay Listings Bookmark this reply Add John77 to your friends list Get a Link to this Reply
GARDA uses String&Son most of the time in my area. Bank of America, Rabobank, US Bank, Citibank, and Union Bank are their biggest vendors out here.

BRINKS uses generic (no name) wrappers most of the time in my area. Once in a while, they will get LOOMIS coins. Wells Fargo uses Brinks most of the time where I live. Chase uses them too a lot of the time. Every once in a great while (usually around holidays), Brinks rolls show up at BofAs locally.

LOOMIS generally always supplies their own coins. I often find LOOMIS coins at Chase Banks and less often at Wells Fargo. Rarely at other banks.

Take note that I am on the West coast, and that things may work differently on your coast.

If you live in a large city, chances are you won't get your own dumps back IF you use banks with different vendors as your pickup and dump banks. Generally, I use Wells Fargo as my main pickup bank, and Chase as my main dump bank. I usually dump my halves at a local US Bank that I've developed a good relationship with.

In general, I dump in the next cities over - most being 10-20 miles away from me.
CRH Nickeloholic. 1,600,000 nickels searched in eight years! Have found FOUR complete Jefferson sets!
Edited by John77
01/07/2018 12:16 pm
Valued Member
Ben Cartwright SASS's Avatar
United States
107 Posts
 Posted 01/07/2018  11:52 am  Show Profile   Bookmark this reply Add Ben Cartwright SASS to your friends list Get a Link to this Reply
I try to dump about 10 miles away, not sure if that is too close, I think the courier company makes the difference and trying to find out what Rockland Trust uses, I just opened an account there because they have 25 branches with coin counters within 20 miles of me
Pillar of the Community
Learn More...
BStrauss3's Avatar
United States
4592 Posts
 Posted 01/07/2018  12:12 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
Hi - I'm a wannabe armed robber. Can you tell me which armoured car company you use?

Seriously?
-----Burton
50+ year / Life / Emeritus ANA member (joined 12/1/1973)
Life member: Numismatics International, CONECA
Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club
Owned by three cats and a wife of 40+ years (joined 1983)

Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
Valued Member
United States
338 Posts
 Posted 01/07/2018  12:57 pm  Show Profile   Bookmark this reply Add nutmeg to your friends list Get a Link to this Reply
Many times I have been to my bank when a Dunbar truck was there. Sooner or later you may see the service truck when you are at your bank.
Pillar of the Community
Russian Federation
5174 Posts
 Posted 01/07/2018  1:06 pm  Show Profile   Bookmark this reply Add january1may to your friends list Get a Link to this Reply

Quote:
Hi - I'm a wannabe armed robber. Can you tell me which armoured car company you use?

Seriously?
This is what it probably sounds like to them.

I suspect it's probably mentioned somewhere online anyway.
Rest in Peace
moxking's Avatar
United States
17900 Posts
 Posted 01/07/2018  2:26 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
Not just WHICH armored truck - but could you tell me when they are scheduled to arrive for the next month or so?
Pillar of the Community
967 Posts
 Posted 01/07/2018  2:48 pm  Show Profile   Bookmark this reply Add still lookin to your friends list Get a Link to this Reply
I don't see what the big deal is. My bank uses Brinks and they are at the banks on Tuesdays. I always go in on Monday and walk back into the vault and see what bags I want. Then carry them out and pay the teller for them. I think that getting to know the personnel within the bank is the key here. They need to have a certain trust level with you. I once took all of the bags that the bank had but really did not look at the denominations. I took the teller at their word. When I got home I discovered that one of the bags of nickels was actually a bag of quarters. I called them and told them not to count the vault because it was off $800. I drove immediately back and handed them the money to balance the vault. It is all in the relationship with bank.
Valued Member
Ben Cartwright SASS's Avatar
United States
107 Posts
 Posted 01/07/2018  3:22 pm  Show Profile   Bookmark this reply Add Ben Cartwright SASS to your friends list Get a Link to this Reply
My bank is TD Bank, they used to have counters but back then I didn't know about buying bags, just did occasional boxes. I hope they get them back. The people at my local bank save halves for me and will order everything except halves which is a corporate policy.. I have one place the has sold me bags and when they fill again I hope to get some from them again.
The other bank that had sold me bags, I will try to butter them up and see if I can change their minds.
Rest in Peace
Parklane64's Avatar
United States
2668 Posts
 Posted 01/07/2018  5:57 pm  Show Profile   Bookmark this reply Add Parklane64 to your friends list Get a Link to this Reply
still lookin, good for you! Do you get shock when you are honest with people? I sure do.
Bedrock of the Community
Coinfrog's Avatar
United States
94367 Posts
 Posted 01/07/2018  6:31 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
You may need a new approach. Have you tried an old lady disguise?
Valued Member
Ben Cartwright SASS's Avatar
United States
107 Posts
 Posted 01/07/2018  7:12 pm  Show Profile   Bookmark this reply Add Ben Cartwright SASS to your friends list Get a Link to this Reply
Pretty sure Rockland uses Loomis, they have a center in Taunton 18 miles from me and one in Wakefield 25 miles from me.

Most of the branches with counters are closer to Taunton, the one I dumped at on Saturday is halfway between the two centers so could go either way. There are 4 branches that are closer to Wakefield so less likely to show up in my pickup banks they are 5-10 miles from Wakefield and 25-30 miles from Taunton so on a pure business platform they would most likely be serviced by Wakefield, while my banks being closer to Taunton, would hopefully be serviced by Taunton, of course there are a couple branches much closer to Tauton I might be able to order half boxes from

BUT is it worth driving 35-40 minutes each way to get to the branches close to the Wakefield location, that adds about 6 gallons of gas ($15) and 2 hours of time, for that cost I could buy 2 90% junk halves!

Or am I overthinking this whole thing?
Pillar of the Community
aristarchus123's Avatar
United States
1695 Posts
 Posted 01/07/2018  8:36 pm  Show Profile   Bookmark this reply Add aristarchus123 to your friends list Get a Link to this Reply
I was at a bank last year and I asked the teller what company handled their coin rolls. Just as she was saying "This is confidential information," a large Brinks truck with a huge logo on the side appeared in the plate-glass window behind and parked near the drive-though lane, and I watched the Brinks man make a delivery. My question was answered, but not by the teller!
Valued Member
Ben Cartwright SASS's Avatar
United States
107 Posts
 Posted 01/07/2018  8:53 pm  Show Profile   Bookmark this reply Add Ben Cartwright SASS to your friends list Get a Link to this Reply
Yeah they all think we are Bonnie and Clyde.

I wonder if I asked the head teller by saying I am a collector searching rolls and I don't want to dump at their bank or a bank with the same armored car company?
Pillar of the Community
967 Posts
 Posted 01/07/2018  9:23 pm  Show Profile   Bookmark this reply Add still lookin to your friends list Get a Link to this Reply
The bankers at that bank trust me and showed no surprise when I took the $800 to them. Sometimes when I go in they are out of rolled coins and want to send me to pick up money from a different bank. They always want me to take their money to get the change. I always go and get the money they need from another bank but I always use my own money. I am afraid if I take their money and have car problems then I can not get back to the bank and their vault would be off. With my own money then the vault stays in balance.

The main thing with banks is that the vault needs to stay in balanced. I never question the amount of money that may be in a bag or a box. The bank has paid a certain amount for either a bag or a box depending on the denomination. The bank pays out 50 dollars for a bag of cents. They need to get back $50 to stay in balance. If the bag actually has $47.97 then it is actually short. However the bank still has to account for $50.00. If a person goes in and request the missing money from the bank then it would actually cause the vault to be short. Many roll hunters cause problems by going back in and indicating that the box or bag was short. They may give the difference back out but they will also stop selling to roll searchers. I never even count the money with in the bags. Just remember to not cause problems for the bank.

My bank signs a contract for deliveries on monies. That contract calls for the carrier to carry up to a certain weight of coins. If the bank goes over on the combination of incoming or outgoing change then they are charged for the extra weight. So why would they not want me to take the extra weight for free?
Pillar of the Community
John77's Avatar
United States
2910 Posts
 Posted 01/08/2018  07:33 am  Show Profile   Check John77's eBay Listings Bookmark this reply Add John77 to your friends list Get a Link to this Reply

Quote:

My bank signs a contract for deliveries on monies. That contract calls for the carrier to carry up to a certain weight of coins. If the bank goes over on the combination of incoming or outgoing change then they are charged for the extra weight.


This explains a lot! Some banks probably won't want to order halves, for example, out of fear that they will go over their weight quota.
CRH Nickeloholic. 1,600,000 nickels searched in eight years! Have found FOUR complete Jefferson sets!
  Previous TopicReplies: 24 / Views: 5,106Next Topic
Page: of 2

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.43 seconds to rattle this change. Forums