Bank Tellers

JamieB

Has anyone ever had any luck - asking tellers , or offering local bank tellers to "bird dog" for you? And if you have asked - has there been any success?

Any stories - advice - info PLEASE.

I have asked my local branch - no luck. I just met another local bank manager and he said just lask week someone brought in several rolls of 1880s morgans, 1920s halves, silver quarters, etc....exchanged it for cash...

The bank told them to take it to a dealer - but they refused and just wanted green backs.

So - I am trying to round up some of those coins - and have put out the standing buy offer to all of the tellers in his bank...

Thanks !

JAMIE

lordmarcovan

I didn't even ask, and had a teller remember me. She had a bunch of half dollar rolls and asked if I wanted to buy them. When I sounded unimpressed, she told me they were all silver. ("Yeah, RIGHT", I thought.)

They were. Three or four rolls, all AU-UNC 40% silvers, except for two coins. One was a clad and one was a 90% 1964.

(As to your specific story, I've heard similar tales, about the guy in the checkout line who pays with $20 Saints, and so on. Half of 'em are probably numismatic urban legends. But I'm sure stuff like that really does happen from time to time.)

God bless friendly bank tellers. Get on their good side. Buy them flowers.

jeffnpcb

GEEZ,sounds of stories straight out of the late '60s and 70's around here. Most major areas that have large pops, the banks are now serviced through Wells Fargo and Brinks who recycle coinage. If you want new coins you go to Mal-Mart{your #1 source for cheap imported plastic crap} and get fresh mint coinage.
I've been to my bank once a week to see what they have floating around and it's recycled rolled coinage. I do find halves and early memorial Lincolns that are worth picking up. It seems that you must live in an area where you still have people living in the past. The chances of finding those coins are slim to nil depending on where you live.
I still hunt the banks and pawn shops, but nothing really ever jumps up except the occasional silver mintages and 1 Lincoln '72 double die that came back in MS63. That was out of a recycled roll.
I guess you just keep up the hunt and hope for the best!

JamieB

I can only hope the ol tellers come through.

lava

I was just approached by an estate where the deceased was a bank teller and has a major hoard of stuff. No one has been smart enough to take an inventory though. I understand there to be all denominations, going back as far as an 1847 Hawaiian penny. I understand there is a lot of old currency, some of them fresh and consecutively numbered. No one in the family wants them, and I suspect they may go to auction. He apparently had permission to take home bags over the weekend and sort through them.

FullyClad

Several tellers in a bank where I occasionally make deposits for my company know that I am a coin collector and have often asked me for advice on the value of silver coins that comes through their windows. They obviously ave no intention of sharing the occasional Morgans and rolls of Walkers that come their way, but they have saved rolls of 40% clads and loose clad halves for me (I bring them little stuffed animals and the like in return.) Apparently this bank has a number of long-time senior customers that just deposit their old silver coins on occasion, but the tellers usually take everything but the 40% clads. I would patronize their small county bank more often, but the service fees and deposit minimums have so far discouraged me from joining up. Their merchant teller used to let me go through their bag of loose halves every 2 weeks (gleaned about five 40-90% Kennedys each time), but then this teller got transferred and the jig was up. One of these days I'll get an account there, but I have better success just ordering $500 boxes from a major bank in town right now...

IrishMike

Been a banker since 1971 and other than the silver craze you see little of value show up by way of coinage. I have a considerable collection of paper money that has some value that was gleaned from teller drawers. You see gold and silver certificates show up as well as the 2 dollar bill. Banks wrap their coinage up send it back to the issuing bank, then reorder on a weekly basis what coinage they need. These coins go through mechanical counters hundreds of times.

My experience with tellers (low paying job) is that if you alert them to be on the watch for something it will end up in their pockets and not yours.

JamieB

My approach has been to offer a fair price for anything. So if they are getting multiples of face, as long as they are not into collecting they should be happy....that is what I am going for anyway.. passing out my number - so they will call me later

anyway..thanks for the input!

Jamie

baccaruda

my old girlfriend was a teller. she was absolutely not the coin collecting type and couldn't care less but she knew exactly what she was looking for. she brought home goodies all the time - nothing expensive, just curiosities. old silver certs, red seals, all kinds of silver. she knew silver by the sound. and old lady cashed in $300 worth of mercury dimes to the teller next to her. $1,000 instant profit for her.

i don't even ask tellers for state quarters or anything else. i assume they know what they're doing. i consider it a fringe benefit of their job.

morganbarber

I used to make my company's bank deposit every day. Almost every day I would ask the teller if they had any rolls of halves. They usually didn't. It got to a point that whenever someone did bring in rolls to deposit, they would save them for me.

topstuf

Rare....(and stupid)....is the teller who doesn't have a hundred bucks of personal money to replace deposited stuff. The tellers at my bank used to bring in silver eagles in fairly good quantities that people deposited for a buck apiece. We are near Reno and some slots pay in eagles. The folks don't know that it is worth more than a dollar. Also got some 90% silver and LOTS of silver 40% clads.

fishcooker

My buddy Ray used to take candy and homemade cookies to the bank. That was in the country, though. He got first-class service and some skimmed cookies.


In the city, I act clueless at the bank when seeking coins.

They will pick out silver from Kennedy rolls - even once while I waited.

Then there was the nice kid who gave me a lone Franklin from his drawer.

I usually keep a few bucks aside to spend on SAC's and SBA's. I figure, if I seem excited about those then they will figure that I don't have a clue.

I take the SAC's to the gas station and fill up the pickup (30 gallons).

Elcontador

It's slightly off topic, but what I used to do when I was a kid was go with my
father to the school where he taught on weekends. He had quite a bit of
seniority, and had keys to pretty much everything.

While he would prepare a lesson plan, he'd let me go through the vending
machines, where I (yes, I really did) replace coins I found for my Whitman
albums with more common counterparts. I found most Mercury Dimes
(pretty much everything except for the overdates, 1916 D & 1921 P & D) and
all Washington Silver Quarters (excepting the 32 D & S, though I did find
the 32 S in change elsewhere). Even found a few SLQs.

I had another reason for being honest about replacing coins. If I wasn't,
I knew I'd get the belt.