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BadKarma
Penny Sorter Member
USA
43 Posts |
 Posted - 08/03/2010 : 06:28:49
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I went to my main bank branch to pick up a box of cents and was informed that because I am not a business I can't buy boxes of cents anymore!!!!!
They have been selling me these boxes for 2 weeks! I have banked there for 10 years, paid off a couple loans and never complained and now they can't trade me a box of pennies!!!!
So I went to a branch office and got my pennies. 1st roll had a very nice Canadian cent!!! 6th roll had a very very nice Canadian KG VI. So my blood pressure went down accordingly! ;)
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If you bowhunt Cape Buffalo, you just might wet your pants! |
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mauk13r
Penny Sorter Member
USA
60 Posts |
Posted - 08/03/2010 : 08:54:37
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| My chase bank branch will sell me as much as I want... |
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theo
Penny Hoarding Member
USA
588 Posts |
 Posted - 08/03/2010 : 09:27:26
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quote:
Originally posted by BadKarma
I went to my main bank branch to pick up a box of cents and was informed that because I am not a business I can't buy boxes of cents anymore!!!!!
They have been selling me these boxes for 2 weeks! I have banked there for 10 years, paid off a couple loans and never complained and now they can't trade me a box of pennies!!!!
So I went to a branch office and got my pennies. 1st roll had a very nice Canadian cent!!! 6th roll had a very very nice Canadian KG VI. So my blood pressure went down accordingly! ;)
They shut you off for one box? Sounds like a teller that doesn't want to do the heavy lifting. The fact that another branch will still sell you pennies, tells me that this is probably not a bank-wide policy.
Ask to see the bank manager. If you reasonably state your case you should be able to get pennies from them again. If not; make them your dump bank. Remember that you are the customer.
Good luck. |
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beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
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PennySaved
1000+ Penny Miser Member
USA
1720 Posts |
Posted - 08/03/2010 : 10:59:20
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| Sounds like you found a new dump bank :-) |
SELLING COPPER PENNIES 1.4X FACE SHIPPED......“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principles of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale” Thomas Jefferson |
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BadKarma
Penny Sorter Member
USA
43 Posts |
Posted - 08/03/2010 : 12:28:51
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| Well, being as this is a rather small community and my brother and myself know the VP a bit, I sent him an email asking why. We'll see how this goes. If nothing else, they'll be my full time dump. |
If you bowhunt Cape Buffalo, you just might wet your pants! |
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abe
Penny Pincher Member
117 Posts |
Posted - 08/03/2010 : 14:43:28
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| Yea, sounds like someone is afraid of a little x-tra work. Personally, I bank out of state, I'm in a small town and the bankers like telling who has what at a bar. Not Cool. |
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vrbsroma
Penny Collector Member
394 Posts |
Posted - 08/03/2010 : 16:36:33
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| I've learned that each branch has its own policies. They may give numerous reasons, but bottom line is they just don't want to be bothered with ordering more coins from the armored car agency (which may cost them money) and/or they don't want to deal with all the heavy boxes. If you explain that you will only be purchasing coin there, and will dump it at their competitor across town they may change their minds ;) |
As far as I know, it is stated "In God We Trust" on the US dollar. How can I trust this currency if I do not believe in God?
Possession is nine-tenths of the law.
When I give my two cents, they're always copper! |
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dakota1955
1000+ Penny Miser Member
2212 Posts |
Posted - 08/03/2010 : 17:09:15
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| I'm having a harder time to find both supply banks and dump banks. That is the one thing that limits what I can do. |
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Ardent Listener
Administrator
USA
4841 Posts |
Posted - 08/03/2010 : 17:24:40
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quote:
Originally posted by dakota1955
I'm having a harder time to find both supply banks and dump banks. That is the one thing that limits what I can do.
My understanding is that as long as your are depositing coinage they have to take them. As for supply bank, they don't have to supply you but if you let them know you won't dump on them it may be an incentive. |
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Think positive. |
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beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
Posted - 08/03/2010 : 17:24:42
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quote:
Originally posted by dakota1955
I'm having a harder time to find both supply banks and dump banks. That is the one thing that limits what I can do.
Couldn't you ask the congregation to donate to a pennies only fundraiser, for some worthy cause? Then place an equivalent amount in the pot? |
Hoard now and hold on!
http://coppermillions.blogspot.com/
http://wherewillyoubein2012.blogspot.com/ |
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stateofmind
Penny Pincher Member
143 Posts |
Posted - 08/03/2010 : 17:46:24
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| Sorry to hear about that. I recently was told that I need to tone down my 16-box-a-week pickups, or I am going to get cut off as well. =/ |
Check out our new site, RealCent.org!
"There are people who are very resourceful, at being remorseful, and who apparently feel that the best way to make friends is to do something terrible and then make amends."
-Ogden Nash |
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NotABigDeal
1000+ Penny Miser Member
USA
3890 Posts |
Posted - 08/03/2010 : 17:52:04
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It happens to the best of us. Do they have a coin machine? If so, and the machine seperates by denomination, offer to buy all their cents. This actually saves them money.
Or just turn them into your dump. Tell them you would rather get your coin from them than to MAKE them take you returns. Or the infamous, "Gimme coins or else I'll close my accounts." It works as well sometimes.
Deal |
Live free or die.
Plain and simple.
"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your council or your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen."
- Samuel Adams |
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jadedragon
Administrator
Canada
3788 Posts |
Posted - 08/04/2010 : 01:48:41
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| It is your duty to help out any bank that needs their precious coins for more important business clients by increasing their penny supply exponentially. Supply banks are groomed, dump banks self select themselves. |
“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
Why Copper Bullion ~~~ Interview with Silver Bullion Producer Market Harmony
Passive Income blog |
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fb101
Administrator
USA
2856 Posts |
Posted - 08/04/2010 : 07:16:22
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quote:
Originally posted by jadedragon
It is your duty to help out any bank that needs their precious coins for more important business clients by increasing their penny supply exponentially. Supply banks are groomed, dump banks self select themselves.
Yeah. What he said. Find out if it's a teller or branch issue. If it's a teller issue, complain. If it's a branch issue, Dump bank! |
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BadKarma
Penny Sorter Member
USA
43 Posts |
Posted - 08/04/2010 : 10:11:53
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| Yeah, I'll find out something today. Head teller is a good friend of my brothers. He'll see her at the bank today. |
If you bowhunt Cape Buffalo, you just might wet your pants! |
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frugalcanuck
Penny Pincher Member
Canada
103 Posts |
Posted - 08/04/2010 : 12:04:09
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| My dump bank was a dump bank for a reason. But last time I dumpped they had silver and old bank notes saved for me. I think Im going to keep dumping there until another one threatens to cut me off. |
One box of Nickels
11.65% .999 Ni |
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BadKarma
Penny Sorter Member
USA
43 Posts |
Posted - 08/05/2010 : 06:37:10
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Unreal!! To support my 1 or 2 box a week habit, they want $.05 per roll!!!!
It's not so much the charges, it's the fact that they sold them to me for 3 weeks before they decided to have this policy.
So now it comes down to see how much of a pain in the butt I can be. Full time dump? Oh yeah. How many loose rolls can I get before they want to charge me? Can I get $20 in cents and $10 in nickles? Can I play another bank off against this one?
This could be a little fun. |
If you bowhunt Cape Buffalo, you just might wet your pants! |
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AgCollector
Penny Collector Member
USA
266 Posts |
Posted - 08/05/2010 : 08:49:25
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quote:
Originally posted by BadKarma
Unreal!! To support my 1 or 2 box a week habit, they want $.05 per roll!!!!
It's not so much the charges, it's the fact that they sold them to me for 3 weeks before they decided to have this policy.
So now it comes down to see how much of a pain in the butt I can be. Full time dump? Oh yeah. How many loose rolls can I get before they want to charge me? Can I get $20 in cents and $10 in nickles? Can I play another bank off against this one?
This could be a little fun.
Ok, now they're being ridiculous. Are they a big bank or just a small one? |
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BadKarma
Penny Sorter Member
USA
43 Posts |
Posted - 08/05/2010 : 09:21:51
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| Pretty good sized bank spread out in the SW part of Missouri. |
If you bowhunt Cape Buffalo, you just might wet your pants! |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 08/05/2010 : 09:37:33
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quote:
Originally posted by Ardent Listener
quote:
Originally posted by dakota1955
I'm having a harder time to find both supply banks and dump banks. That is the one thing that limits what I can do.
My understanding is that as long as your are depositing coinage they have to take them. As for supply bank, they don't have to supply you but if you let them know you won't dump on them it may be an incentive.
Oh yeah? Try dumping 2300 rolls at once and see what they say.  |
If your percentages are low.. just sort more. If your percentages are high.. just sort more.
Now selling Copper pennies. 1.6x plus shipping. Limited amounts available. |
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Silverhead
New Member
USA
18 Posts |
Posted - 08/05/2010 : 11:39:56
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| I heard Some banks are charging fees for boxes of coins,this has not happened to me yet. |
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Shut down!!!
Forum Locked
