Ikes At the Bank And a Poor Teller in Trouble...
SaorAlba
Posts: 7,593 ✭✭✭✭✭
Today I went in to one of my banks where I get the best cents for searching for wheats. Usually I ask if they have anything else interesting that they want to get rid of, sometimes I might get an Ike or two or a few halves. Anyway one of the tellers excitedly told me that she had $50 worth come in last night, in rolls. I didn't think much of it until she brought the rolls out, and there is what appears to me to be two rolls of $20 each as Ike rolls were. I asked her if she still had the other $10 worth, and she told me that they are $25 rolls. I asked her to open them and count them, sure enough $20 in each roll. Unfortunately she bought them from a customer thinking they were the $25 rolls like the Sackie and Prexibux things, obviously she hadn't handled rolls of Ikes before. Unfortunately she will have to make up the difference - even though I offered to help with the shortage they cannot take it.
It is interesting in American banks, they do not have some sort of booklet or poster for tellers showing them the types of unusual things - even $2's and halves that they might get across the counter. When I bank in Ukrainian banks they have posters on the wall showing the different coins and the three different series of paper money to raise awareness.
It is interesting in American banks, they do not have some sort of booklet or poster for tellers showing them the types of unusual things - even $2's and halves that they might get across the counter. When I bank in Ukrainian banks they have posters on the wall showing the different coins and the three different series of paper money to raise awareness.
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a better idea is knowing your own product!!
"“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)
"I only golf on days that end in 'Y'" (DE59)
....it's amazing that some tellers aren't familiar enough with modern coinage, at least. the mint/feds should educate
them with data every now and again. especially about the new dollar coins! maybe just maybe it may help them
to circulate!
I went to the counter and told them Kennedys were half dollars not dollars. Three young tellers just stood there dumbfounded twirling their hair and staring into space. Not one said a word or thanked me.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>I wouldn't be too hard on the teller. Ikes haven't been minted for more than 30 years and those Ikes are probably older than the teller. >>
I've never seen one in circulation, I hope this poor teller didn't have to make up the $10 out of the chickenfeed the bank pays. Lose $10 of the banks money, pay it back out of your wages. Mis manage the bank into bankruptcy? No problem!
<< <i>....it's amazing that some tellers aren't familiar enough with modern coinage, at least. the mint/feds should educate
them with data every now and again. especially about the new dollar coins! maybe just maybe it may help them
to circulate!
I see quite a bit of awareness raising going on regarding the new coins , my favorite so far was The Simpsons , Homer opens the door to Moes and enters just as the camera pans to the bar where Moe is eviciting a customer with a double barreled shotgun and saying " And take your Sacagawea dollars with ya"
Quite a while ago my sister worked in a cash vault. They had big posters about each of the changed colorized paper notes on the wall. They often received smaller notices about counterfeit money and ways to tell the fake money, where it was being received etc I thought all of this was pretty interesting.
I vividly remember the very odd guy who worked in the change vault. He had somewhere around eight clocks on the walls and each clock used mis struck cents for the place a normal clock would have the numbers.
Anyway, where I live I must spend enough Ikes, halves and small dollars I rarely get a second glance from the person taking my money.
The name is LEE!
<< <i>I've yet to come across ANY roll of IKE dollars that did not specifically state $20 Dollars on the side. >>
Actually these rolls did in fact state that on the side. But to her credit she was not used to seeing them. In one of my banks there is a teller that does remember getting Ikes, even silver coins, silver certificates etc - she has worked for that bank for well over 40 years, but most tellers tend to be very young ladies that are not paid very well.
So, depending upon how good of a teller she is, she might be OK.
<< <i>I've yet to come across ANY roll of IKE dollars that did not specifically state $20 Dollars on the side. >>
There is a good chance the coins were rolled with ordinary paper. When was the last time you saw an unused Ike dollar size printed paper rolls?
<< <i>
<< <i>I've yet to come across ANY roll of IKE dollars that did not specifically state $20 Dollars on the side. >>
There is a good chance the coins were rolled with ordinary paper. When was the last time you saw an unused Ike dollar size printed paper rolls? >>
Actually they were taped over, but they were the original printed rolls that had some sort of blue masking tape on them. BTW I have unused original paper rolls that another collector just sent me 40 of so I can wrap up all the Ikes I bought from Illini420 last week. They can be found, but they are few and far betwixt.
If this teller had helped me before, I would have accidently left a $10 bill on the counter when I left.
-Jerry
.....i act respectful to my tellers and appreciate the ones that call me with unusual finds. i have one in particular
that i think i may have peaked her interest in becoming a collector too. OMG! WHAT HAVE I DONE???
may have screwed myself!!
<< <i>.....i act respectful to my tellers and appreciate the ones that call me with unusual finds. i have one in particular
that i think i may have peaked her interest in becoming a collector too. OMG! WHAT HAVE I DONE???
may have screwed myself!!
That is okay though, I created a collector out of one teller that was saving all the goodies for me and traded a 1923 Peace for a dollar bill one day. They like little treats.
And referencing the $10 difference, I did offer to make up her shortage, but her manager was there and it would not have happened. They really are good to me, saving the cent rolls etc - and I have been mining cent boxes for wheats and coppers for about three years now and they have been just great. I take them gift cards etc occasionally, but you really cannot hand them cash etc.
Now, I can understand somebody not knowing how many dollars are in a roll of dollars, but quarters are the most ubiquitous coin in cqash registers, and for a cashier not to know that is ridiculous.
TD
<< <i>
<< <i>I've yet to come across ANY roll of IKE dollars that did not specifically state $20 Dollars on the side. >>
There is a good chance the coins were rolled with ordinary paper. When was the last time you saw an unused Ike dollar size printed paper rolls? >>
How many would you like??
The name is LEE!
Years ago my daughter at age 15 became a part time bank teller along with several friends of like age. They were expected to balance to the penny. If the bank was crowded with customers and they had to open a roll of cents, they would stop and count the cents in the roll.
If they were ever a cent short at closing, they would know why.
Me, I'd be tempted to slip her a thankyou card in an envelope with ten bucks in it, or offer to bring her an inexpensive lunch. Not as in asking for a date, but something like, "Hey- I'm going to the deli- can I bring you back a salad or sandwich or something to thank you for your help, since I am not allowed to give you that ten bucks?"
Collector since 1976. On the CU forums here since 2001.
I agree
<< <i>It was nice of you to offer to make up the shortfall for her. Would've been well worth the ten bucks to you, too, considering not only the modest premium even circ Ikes are now fetching, but also the goodwill of the teller in being your scout.
Me, I'd be tempted to slip her a thankyou card in an envelope with ten bucks in it, or offer to bring her an inexpensive lunch. Not as in asking for a date, but something like, "Hey- I'm going to the deli- can I bring you back a salad or sandwich or something to thank you for your help, since I am not allowed to give you that ten bucks?" >>
Definitely will, no asking for dates though!
A friend of mine calls that "Stupid Tax". It's something we all pay at one time or another.
https://www.smallcopperguy.com
Why DID the US Mint/Feds/Banks come up with $25 rolls of Sacky Dollars rather than using the old $20 dollar roll standard?
This was not conforming to previous standards long maintained in the US.
<< <i>A thought came to my mind ( a frightening event in itself).
Why DID the US Mint/Feds/Banks come up with $25 rolls of Sacky Dollars rather than using the old $20 dollar roll standard?
This was not conforming to previous standards long maintained in the US. >>
.....they knew we were aware that 25 bucks will get you 20 bucks worth of stuff, today.
Were there any oddballs in there?
V/R
S
<< <i>A thought came to my mind ( a frightening event in itself).
Why DID the US Mint/Feds/Banks come up with $25 rolls of Sacky Dollars rather than using the old $20 dollar roll standard?
This was not conforming to previous standards long maintained in the US. >>
It may have had to do with the physical size of the rolls. The $25 roll originated with the SBA's. I'd like to see a $50 roll though.
The name is LEE!