Has anyone worked as a bank or casino cashier? If so, do you have any good stories about "coin
SanctionII
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My inquiring mind wants to know.
I have not worked as a cashier. However I do have a story. In summary, my sister won $1,000.00 on a slot machine. The casino cashier gave her 5 $100.00 bills and a $500.00 bill. She took the bills and deposited them into her checking account, not knowing the $500.00 bill is worth more than $500.00. A day or so later she called me and told me the story. I told her I would have paid her more than $500.00 for the $500.00 bill. She said she didn't know. I told her she knows what my hobby is and that she should have called me first.
I have not worked as a cashier. However I do have a story. In summary, my sister won $1,000.00 on a slot machine. The casino cashier gave her 5 $100.00 bills and a $500.00 bill. She took the bills and deposited them into her checking account, not knowing the $500.00 bill is worth more than $500.00. A day or so later she called me and told me the story. I told her I would have paid her more than $500.00 for the $500.00 bill. She said she didn't know. I told her she knows what my hobby is and that she should have called me first.
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But about 4 years ago the branch manager at my bank called to tell me this story:
A elderly lady came to the bank to make a deposit of $700 using morgan dollars.
the manager told her that I would buy them for at least $5 ea and that i could be there in 10 minutes.
The lady declined and made the deposit. At that point the dollars became fair game for the employees
who snatched em up at "face" value. No one wanted to sell as they had never saw a morgan before.
There were a few cc dollars in this hoard.
He called me one day and asked if I wanted to buy a couple of gold pieces. I said sure, and went over to the bank. Some elderly woman had brought them in and wanted the cash for them. The manager told her that she needed to take them to a coin shop and receive the value for the gold because he was not allowed to give her more than face value for them (I have no idea whether that is the rule or not).
She said that she wasn't worried about that. She didn't feel comfortable having them in the house, and just wanted the face value for them.
He took $30 out of his pocket and gave it to her for the gold. Then he called me and asked if I would talk to her about excepting more money for them. He dialed her number, and I explained that there was no sense in her giving away the gold like that. She said "If you're going to keep bothering me, then give Bob some more money and tell him to deposit it in one of my accounts". lol
So that's what we did.
I sold the $10 Indian, but still have the '97-S' $20. Its AU58.
And for those that might wonder, Bob put a little over $800 more in her account. I never heard another word about it.
The most interesting story was about a certain lockbox. Over the years we had to bust into many of them due to lack of payment. Contrary to some thinking we don't have a key to the box so we have to drill them. Several times we found coins of little numismatic value, but one time we hit the motherload. I have a feeling that once we drilled it and lifted it there was gold in them there hills. Its been several years ago but there were all demoniations of liberty gold, no saints all liberties. Also which made me drool even more was the collection of bu/au Indian cents. No keys but there were over I think a hundred IHC's. Now its the responsibility of the bank to do every thing with in its powers to try to locate the box owner and of course we did that before we drilled it.
It's also a requirement that we send it to the state, which holds onto it for 7 years, it escheats to them. However I could not bring myself to allowing this collection to go to some bureacrat. After a week following every lead I could dig up I located the fellow in Minnesota. I explained to him the situation and instead of thanking me he was upset. Well this lit my fuse. I told him either he gets down here within 30 days or he could deal with the state of Indiana. No negotiation either show up or else.
He did show up and did call ahead of time to notify me he was coming. I should point out that he had not paid on the box in three years. His excuse, he just forgot. Now we send notices out with a request for forwarding so he had to have gotten them. It turns out that this collection had been handed down through the family for generations and he knew absolutely nothing about coins or a clue as to the value. I invited he and his wife to lunch and afterwards we set in the boardroom and I went through each and every coin with them one by one and insisted they take notes. After awhile a relationship developed and the young man finally admitted that never had a good relationship with his dad and in fact had left the area because of him. His father has passed and left him the coins. I hope he was able to feel some small connection with his preceeding generations.
I never did hear from him again. Oh and by the way he had to pay the past due box fees and drilling cost.
<< <i>I have never worked in a bank or a casino...
But about 4 years ago the branch manager at my bank called to tell me this story:
A elderly lady came to the bank to make a deposit of $700 using morgan dollars.
the manager told her that I would buy them for at least $5 ea and that i could be there in 10 minutes.
The lady declined and made the deposit. At that point the dollars became fair game for the employees
who snatched em up at "face" value. No one wanted to sell as they had never saw a morgan before.
There were a few cc dollars in this hoard. >>
So let me see if I've got this correct. This lady came in with $700 face in morgans and instead of waiting 10 minutes to receive $3500 for them, she despoisted them for the face value of $700?
What the hell is wrong with people.... wow
He was working when they brought in the bags and bags of Morgan dollars and released them to the public.
He purchased 10 1884 BU Carson Cities for $1 each in the late 60's.
He ended up only keeping 1 becuase he gave the other 9 to his buddy who had his whole coin collection stolen.
The remaining 84CC now remains with me.
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