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TheJonasCollegeFund
Penny Collector Member
USA
381 Posts |
 Posted - 06/27/2010 : 00:56:06
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I hit dozens of banks in my area and have found only '1' that will sell me their bags of coins. Does anyone know the exact costs for the banks to ship these off? I am amazed at these tellers when I ask about buying the coins. They all act offended in some way. The '1' good supply bank will call me when get a full bag. They tell me I'm saving them money. They even offer to sell me all of their bagged coins everytime I go in. What gives?
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MD Totals: Started Aug16th.(Updated Sept10th) 819 clad/cu coins/$41.13
Quarters-78
Dimes-122+1 silver roosie (1957)
Nickels-81 (56d,53d)
Copper Pennies-147
Zinc Pennies-386
Wheats-5 (36,36,46,46d,50d) |
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Nickelless
Administrator
USA
5580 Posts |
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brian0918
Penny Collector Member
USA
315 Posts |
Posted - 06/27/2010 : 07:55:32
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I had the same experience. I called a CU where I am a member, and asked to buy the bags. At first she thought I meant empty bags, and said no, but then she went and asked someone, and still said no. Then I called the only other place around here with a coin machine, and they did the same thing you said - acted offended - "No! No!"
Maybe I'll try going and talking to someone high up. |
"The man who speaks to you of sacrifice, speaks of slaves and masters. And intends to be the master." -- Ayn Rand
Searched: $2230 Nickels; Liberty: 1; Buffalo: 4; War: 20; 2009: 2; 2010D: 8 |
Edited by - brian0918 on 06/27/2010 07:57:47 |
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linkster
New Member
USA
16 Posts |
Posted - 06/27/2010 : 10:00:36
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| Are you sure thay have bags to sell you? Just because a bank has a coin machine in the lobby doesn't mean the machine has sorted mby denomination bags in it. Of my seven dump banks with coin machines none of them are set up to bag sorted coin. Five are set up with dual bin dump carts that all denominations go into and these are shipped offsite to one of their bigger branches to be recounted /verified /rolled. One has a single bin dump. The last one bags coins but in mixed bags and these are sent to a coin processing center like brinks. I could probably buy the mixed bags since each one has a receipt made by the counting machine with a grand total of what it thinks is in there. Also some banks like to recycle coinage in house and distribute in between branches instead of paying fees to coin services or the FED for new orders of coin. |
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wolvesdad
1000+ Penny Miser Member
USA
2164 Posts |
Posted - 06/27/2010 : 19:30:38
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Yeah, some banks around here have the machines that don't sort the coin.
I am thinking about calling all the local banks though to see if there is even one that takes sorted bags off a coin machine. |
"May your percentages ever increase!" |
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JobIII
1000+ Penny Miser Member
USA
1507 Posts |
Posted - 06/28/2010 : 12:32:27
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I think some banks just won't sell back bags. It's nothing personal the teller's just don't have a say in the matter.
I watched a man return close to $500 in pennies from a fundraiser, and had over $3k left to return. It's all in pennies, and the 2 banks he's returning to are TD Banks. They are not allowing me to buy their bags which i would be happy to do.
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Selling Copper cents. $0 FV available at 1.4xFV. Also interested in trading for wheat pennies and other coins Please pm me for requests or inquiries.
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PennyPauper
Penny Collector Member
USA
395 Posts |
Posted - 06/28/2010 : 12:45:28
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quote:
Originally posted by JobIII
I think some banks just won't sell back bags. It's nothing personal the teller's just don't have a say in the matter.
I watched a man return close to $500 in pennies from a fundraiser, and had over $3k left to return. It's all in pennies, and the 2 banks he's returning to are TD Banks. They are not allowing me to buy their bags which i would be happy to do.
Why not ask the guy to HELP him and take them off his hands.
Maybe you could get together with him for the next fundraiser.
I know 3k is alot to come up with but it never hurts to ask. |
Available again! $100 of Copper Lincoln Memorials for $145 shipped. |
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JobIII
1000+ Penny Miser Member
USA
1507 Posts |
Posted - 06/28/2010 : 13:10:17
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| oh i offered to run the coins through a coin counter and buy all of their coin straight from their fundraiser location. But they were against having an individual not affiliated with the group handle their money... I figured i could just buy them from the banks but nope. Also i can get whatever i want at the local banks. |
Selling Copper cents. $0 FV available at 1.4xFV. Also interested in trading for wheat pennies and other coins Please pm me for requests or inquiries.
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Roadrunner
Penny Collector Member
USA
413 Posts |
Posted - 06/28/2010 : 13:55:21
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I have tried but buying bags seems to be a taboo or something around here.  |
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wolvesdad
1000+ Penny Miser Member
USA
2164 Posts |
Posted - 06/29/2010 : 12:36:24
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| yep.... way back when, the bank chain I could by bags from changed the policy.... no more selling bags to the customer! :( |
"May your percentages ever increase!" |
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JobIII
1000+ Penny Miser Member
USA
1507 Posts |
Posted - 06/29/2010 : 15:13:58
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| This is all very sad and tragic, until you get a bag that is really short. You can't return it to complain and that's happened to me a couple times so i'll stick to the boxes and the trouble we have getting them out of the rolls.... |
Selling Copper cents. $0 FV available at 1.4xFV. Also interested in trading for wheat pennies and other coins Please pm me for requests or inquiries.
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misteroman
Administrator
USA
2565 Posts |
Posted - 06/30/2010 : 07:51:46
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| I would be maaaaaaaaad if I seen someone with all those pennies and wouldn't sell them to me |
Buying CU cents!!!! Paying 1.2 unlimited amounts wanted. Can pick up if near Ohio area. |
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beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
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daviscfad
1000+ Penny Miser Member
USA
1664 Posts |
Posted - 06/30/2010 : 10:15:54
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| noone will sell me bags in my area. i wish they would |
Inquiring minds want to know |
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JobIII
1000+ Penny Miser Member
USA
1507 Posts |
Posted - 06/30/2010 : 10:42:37
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| Bags are over rated. IMHO. But they are way easier for the rye sorter. I think i'm going to develop CT in my wrists from the repetitive action i do with this hobby... |
Selling Copper cents. $0 FV available at 1.4xFV. Also interested in trading for wheat pennies and other coins Please pm me for requests or inquiries.
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TheJonasCollegeFund
Penny Collector Member
USA
381 Posts |
Posted - 06/30/2010 : 22:15:05
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| What's "CT"? Is that 'copper tunnel'? |
MD Totals: Started Aug16th.(Updated Sept10th) 819 clad/cu coins/$41.13
Quarters-78
Dimes-122+1 silver roosie (1957)
Nickels-81 (56d,53d)
Copper Pennies-147
Zinc Pennies-386
Wheats-5 (36,36,46,46d,50d) |
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beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
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TheJonasCollegeFund
Penny Collector Member
USA
381 Posts |
Posted - 06/30/2010 : 23:13:30
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| I got a million of 'em. I just need an agent. |
MD Totals: Started Aug16th.(Updated Sept10th) 819 clad/cu coins/$41.13
Quarters-78
Dimes-122+1 silver roosie (1957)
Nickels-81 (56d,53d)
Copper Pennies-147
Zinc Pennies-386
Wheats-5 (36,36,46,46d,50d) |
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Costs to banks to ship bags?
Forum Locked
