I worked for TCF Bank and we had self service coin counters that would count the coins and the customers would bring the receipt to the teller. One man did this on an almost daily basis and unfortunately the machine was next to my department which was Mortgage Lending. I asked him why. He said he would buy pre-rolled halves from banks an…
I worked for TCF Bank and we had self service coin counters that would count the coins and the customers would bring the receipt to the teller. One man did this on an almost daily basis and unfortunately the machine was next to my department which was Mortgage Lending. I asked him why. He said he would buy pre-rolled halves from banks and credit unions and would go through them to pick out the silver halves. I said to him that would be like picking out a needle in the hay stack. He would do $500 a day and said every time he did this he would get a handful of silver halves and one time got lucky getting a full roll of 1964 Kennedy Halves that were BU. He said the coin shop he would sell them to would give him at least the melt and if it had any Numismatic value he would get that as well. He said he was retired and it gave him something to do. They were bought out by Huntington and the machines were removed. Now any financial institution that accepts loose coin often wants a fee, sometimes as much as 10%. I'm sure he stopped doing that. Dollar coins would not go through the machine and an older woman had 7 and showed them to me. I told her they were silver and worth way more. She said she didn't care. I grabbed those from the teller once she left. These were all pre 1900's.
I remember the story that if you buried 30 bucks of silver/gold a hundred years ago, and buried 30 bucks of fiat next to it, and dug it up today…😱🤯💰💵💸🤑
I worked for TCF Bank and we had self service coin counters that would count the coins and the customers would bring the receipt to the teller. One man did this on an almost daily basis and unfortunately the machine was next to my department which was Mortgage Lending. I asked him why. He said he would buy pre-rolled halves from banks and credit unions and would go through them to pick out the silver halves. I said to him that would be like picking out a needle in the hay stack. He would do $500 a day and said every time he did this he would get a handful of silver halves and one time got lucky getting a full roll of 1964 Kennedy Halves that were BU. He said the coin shop he would sell them to would give him at least the melt and if it had any Numismatic value he would get that as well. He said he was retired and it gave him something to do. They were bought out by Huntington and the machines were removed. Now any financial institution that accepts loose coin often wants a fee, sometimes as much as 10%. I'm sure he stopped doing that. Dollar coins would not go through the machine and an older woman had 7 and showed them to me. I told her they were silver and worth way more. She said she didn't care. I grabbed those from the teller once she left. These were all pre 1900's.
I remember the story that if you buried 30 bucks of silver/gold a hundred years ago, and buried 30 bucks of fiat next to it, and dug it up today…😱🤯💰💵💸🤑
There’s THE STORY!
Awesome! 😎