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  1. #1

    Apr 2012
    Maryland
    129
    3 times
    All Types Of Treasure Hunting

    which is easier?

    guys, which is easier for everyone, most especially to the tellers, bank employees etc..between dumping halves using the coin counter or re-rolling them. I'm more concern about making things easier on the tellers side..
    Goal for 2012:

    HALF DOLLAR
    40% = 400
    90% = 100

    Walker = 10
    Ben = 10

    DIME
    Merc = 10
    90% = 50

    NICKEL
    Buff = 10
    War = 10


    "I'm more than active, I live here!

  2. #2
    us
    Feb 2012
    2,435
    704 times
    All Types Of Treasure Hunting
    Sometimes it depends on the specific bank you are going to (not the franchise, but the specific branch), so I would recommend asking each bank and letting then know you want to make it as easy as possible for them. At some banks, you have to dump coins, they won't except rolls or loose. Some larger banks want the coins in bags. Really the best case is when a bank will take the re-rolled halves in the box, since this is very easy for the tellers. I re-roll right in the same rolls they came in, it's slow at first but then you get quick at it. Unfortunately, some banks won't take re-rolled boxes because they say they can't verify what's in them. So really, it depends, start up a quick conversation with the tellers and find out what's best for them.

  3. #3
    us
    Feb 2012
    2,435
    704 times
    All Types Of Treasure Hunting
    and remember, boxes of halves are heavy, so I never bring in more than two at a time

  4. #4
    us
    Dec 2008
    St. Augustine, FL
    3,306
    745 times
    coin counter.

    Rolling halves, the teller has to account for each roll every day until they sell them to the vault teller/bank manager. Great if they have customers asking for halves, but contrary to popular opinion here on TNet, sometimes the tellers will have to account for the same rolls for weeks.

  5. #5
    us
    Jan 2012
    PA
    explorer xs
    215
    34 times
    All Types Of Treasure Hunting
    find a bank with a bin not bags. at my cu once a week the guy comes in with a hand jack/truck with an empty bin.....opens pulls out the full bin sticks in the new empty one ..locks it up and goes !! the only time the tellers have to service it is if it jams !! no bags for them to haul...no coins for them to deal with......just the machine does not have a reject tray !!!!!!

  6. #6
    us
    The Mad CRH

    Mar 2011
    KY
    153
    18 times
    Quote Originally Posted by Diver_Down
    coin counter.

    Rolling halves, the teller has to account for each roll every day until they sell them to the vault teller/bank manager. Great if they have customers asking for halves, but contrary to popular opinion here on TNet, sometimes the tellers will have to account for the same rolls for weeks.
    In my experience, as long as they have a total of $500 in halves rolled, they are sent off once a week. I always dump a minumum of $500.

  7. #7
    us
    Jul 2010
    Garrett Ace 250, Bounty Hunter Quick Draw
    1,367
    264 times
    Coin roll hunting, British coins, ancient coins, antiquities
    Coin counters by far.

    There isn't really enough space to keep the halves in a drawer unless they have a lot of CRHers, if you roll them most of them time they'll just unroll them and toss them in the counter.
    Speeding up Gresham's law one roll at a time

  8. #8
    us
    Mar 2012
    Bounty Hunter Pioneer 101 Garrett Ace 250
    2,787
    1545 times
    Coin Roll Hunting/ Metal detecting
    Like Silverforbrains said, it depends on the branch. Just ask them whats best and how much at a time and how often will work for them, and stress to them that you want to do whats best for them not you. I reroll mine in the wraps that the bank will give to you and put them back in the boxes ( brinks boxes, my dump bank uses garda), a thousand at a time, and bring to one of my dump banks every 2 to 3 weeks. I don't bring in more than a thousand at a time. One of my dump banks said they send them back out after the have a thousand to send, another says they have to un roll them anyway, but its nice to get them back in rerolled boxes ( easier to handle). So just ask what works for them best, ( dont be shy about it) I found that when I asked about bringing it in to change out that all of them said I could bring in much more at a time than I do now and more often, but never do close to the max that they say you can. Good luck.

  9. #9
    us
    Dec 2008
    St. Augustine, FL
    3,306
    745 times
    Quote Originally Posted by lovewiibrew View Post
    In my experience, as long as they have a total of $500 in halves rolled, they are sent off once a week. I always dump a minumum of $500.
    Correct. I didn't go into detail in my original post. I was referencing a scenario where someone dumps small amounts rolled (i.e. < $500).

  10. #10
    Charter Member
    us
    Apr 2012
    824
    186 times
    Coin Roll Hunting
    My best answer to this question would be that it really depends on how much volume you are doing, and what works best at each branch of your bank of choice. If you are bringing in $500 to $1000 per week to dump in a coin counter, definitely do that. Some banks, (as out here,) REQUIRE coins to be rolled. I'm from the west coast and we don't have TD bank, as I've heard the bag only takes $100 in halves at a time. The counters out here take $500 and $1000 in the bags at a time before they need to be changed. If you are doing more volume than that, you should open bank accounts with different banks and spread them around all of the branches of your bank . Bring in $500 to $1000 per branch in rolled. You can rotate branches around so that you'll end up going to each individual branch every other week or every three weeks. I've recently switched to bags, so I don't have to roll or coin counter dump anymore!

  11. #11

    Apr 2012
    Maryland
    129
    3 times
    All Types Of Treasure Hunting
    thanks guys for the input..i personally prefer to re-roll..this was a pretty quick dump when one of the banks that I went wanted me to re-roll it..i was in and out in less than 2-3 minutes which was quite a surprise for me..i had to spend sometime though rerolling $500 worth of halves but the teller in that bank was nice enough to gave me coin wrappers...i'll start asking around banks which they would prefer the idea is good...I wish I can dump with bags..that's probably the easiest although I tried to talk to about 2 banks and they were not really open to my proposition of dumping with bags instead of using their coin counters..
    Goal for 2012:

    HALF DOLLAR
    40% = 400
    90% = 100

    Walker = 10
    Ben = 10

    DIME
    Merc = 10
    90% = 50

    NICKEL
    Buff = 10
    War = 10


    "I'm more than active, I live here!

  12. #12
    Charter Member
    us
    Apr 2012
    824
    186 times
    Coin Roll Hunting
    fingerscrossed, I don't know if you have accounts with credit unions or big banks, but I would try asking banks that are more geared towards merchant services about the bags. They will probably want to charge you a fee, but hey it didn't hurt anyone to ask!

  13. #13

    May 2012
    524
    218 times
    All Types Of Treasure Hunting
    I stick to the coin counters. I try to get in and out in as little time as possible. Like a ninja.

  14. #14
    us
    Mar 2012
    Bounty Hunter Pioneer 101 Garrett Ace 250
    2,787
    1545 times
    Coin Roll Hunting/ Metal detecting
    Quote Originally Posted by fingerscrossed View Post
    thanks guys for the input..i personally prefer to re-roll..this was a pretty quick dump when one of the banks that I went wanted me to re-roll it..i was in and out in less than 2-3 minutes which was quite a surprise for me..i had to spend sometime though rerolling $500 worth of halves but the teller in that bank was nice enough to gave me coin wrappers...i'll start asking around banks which they would prefer the idea is good...I wish I can dump with bags..that's probably the easiest although I tried to talk to about 2 banks and they were not really open to my proposition of dumping with bags instead of using their coin counters..
    I personally like to bring mine in rerolled too, (my banks give me wrapers to reroll) I can walk in with my to boxes and be outta there with my $1000.00 in hand in a couple of minutes. I worry about the bags alittle because you have to deposit and wait for it to post in your account ( at my bank at least), plus all those deposits into your account over time have to raise some kinda red flag somewhere in the system, I would think, I mean if you don't make much money a year, (like me) and all the sudden your account starts posting deposits every single week of 1 or 2 thousand dollars, somebody is gona ask a question sometime. Just my 2 cents.

 

 

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