Dumping after a CRH

jshane7422 · Mar 12, 2013

Hey everyone, so my bank has a coin machine for members an I just wanted to know how much do you all dump in there at once? and do you all mix your coins or only drop halves one day and dimes etc another?

archertiger3 · Mar 12, 2013

i just dump everything at once. they have to keep emptying the cent container out! i fill that thing up!

Joe777Cool · Mar 12, 2013

I use TD and stopped dumping halves there - fills up every $100 and I don't have the time or the desire to be hated by every teller in the state! dimes quarter pennies - I fill em up!

$nack-Money · Mar 12, 2013

$10 grand + That machine is there for you to use... let em have it

jshane7422 · Mar 12, 2013

I went to my local credit union yesterday and dumped 500 in halves and it didnt fill up but it did happen to jam 3 times lol

Hi Ho Silver! · Mar 12, 2013

You will wear out your welcome real fast if you listen to these people! $500 a week at the same stop is the best. Otherwise the door will be shown to you quickly.

Wickaboag · Mar 12, 2013

I've dumped like 1200 in dimes/nickels/ pennies once before. That was fun.
Wicka.

GlenDronach · Mar 12, 2013

I do about a grand a week per bank, and definitely not all halves. I actually divide my half boxes so I dump only $250 at a time.

JSMITH · Mar 13, 2013

$nack-Money said:
$10 grand + That machine is there for you to use... let em have it

YES! I agree. I would back up a dumptruck full of coins if i had one. :laughing7:

If they dont like it they should get rid of the machine. My area does not even have these machines. All of my coin has to be re-rolled for deposit. I routinely carry in two canvas bags full of rolled halves ($4000) and never have had an issue. IT IS THEIR JOB TO DEAL WITH CURRENCY OF ALL TYPES!

minkybodl · Mar 13, 2013

JSMITH said:
YES! I agree. I would back up a dumptruck full of coins if i had one. If they dont like it they should get rid of the machine. My area does not even have these machines. All of my coin has to be re-rolled for deposit. I routinely carry in two canvas bags full of rolled halves ($4000) and never have had an issue. IT IS THEIR JOB TO DEAL WITH CURRENCY OF ALL TYPES!

Boy that sure is good to know. Here I had been under the mistaken impression that a Bank's job was to make money.

There are as many different coin machines as there are Banks and branches and the only way to know what is the proper amount is to try them. It would be best to start small, most CRH'ers are already way above normal users, and increase your amounts after you see what each machine will hold before they need to change bags. What might be OK one day, might not be OK for a different Teller on another day. The more dump banks you use the better, I try to only go to most of my dump banks no more than once a week. I always try to have nickels and dimes so that I am not just bringing in only halves. My average dumps are usually 2-3 hundred to 6-7 hundred per bank. The Banks don't have coin machines where I live so I have to re-roll everything or use coin-lock bags. I joined a CU to use their machine, told the girl who opened my account about my coin collecting, and then a month later had a Teller point out the sign that said non-members or hobbyist were charged 10% when I tried to dump 1 box of nickels. Good luck and HH.

GlenDronach · Mar 13, 2013

JSMITH said:
YES! I agree. I would back up a dumptruck full of coins if i had one. If they dont like it they should get rid of the machine. My area does not even have these machines. All of my coin has to be re-rolled for deposit. I routinely carry in two canvas bags full of rolled halves ($4000) and never have had an issue. IT IS THEIR JOB TO DEAL WITH CURRENCY OF ALL TYPES!

Half dollars in particular are rough on the machines, and the bags/bins are heavy. Let me know how happy they are to see you after a few bag changes/breakdowns when they have to unjam it or call the repair man. Their job INCLUDES dealing with currency, but not at the level we are bringing, and especially if we don't have an established business with the bank.

JSMITH · Mar 13, 2013

I have been doing this for years and have seen many staff changes in all of my banks. I have yet to ever run into a problem with a single bank/teller. Around here, collectors are treated like every other customer. I know banks are in the business of making money. Dealing with my coin is a part of that. Like I said before, if the banks don't like it, they shouldn't offer the service.

Digesting a common clad · Mar 13, 2013

$nack-Money said:
$10 grand + That machine is there for you to use... let em have it

I agree, my first few dumps were at TD and I filled the bag 15 times I'm actually probably going to try and run at least $5,000 through it soon because I'm thinking if closing my account.

skeeterd · Mar 13, 2013

JSMITH said:
I have been doing this for years and have seen many staff changes in all of my banks. I have yet to ever run into a problem with a single bank/teller. Around here, collectors are treated like every other customer. I know banks are in the business of making money. Dealing with my coin is a part of that. Like I said before, if the banks don't like it, they shouldn't offer the service.

And thats exactly what they do. They don't like it, and they stop accepting large coin dumps from CRHs. Or they charge a fee to dump. If you help make their job easier, they will make dumping easier for you. If you make their job difficult, they will make dumping coin difficult.

JSMITH · Mar 13, 2013

Skeeter, maybe I just live out here in the wild wild west where rules don't apply! Silver abounds and tellers give gifts when you bring in coin! Its a coun roll hunters paradise!................yeah, sounds about right. IF a bank of mine stops accepting my coin, I will simply close my account there and go elsewhere. There are banks up the wazoo all around me. People also forget to realize, 90% of the battle is how you act towards the tellers, not the amount of coin in your bags. I've got all my tellers wrapped around my finger. Hahahahahahahahahaha.

TheMastermind · Mar 13, 2013

I dump $250 at a time, regardless of the denomination.

theekman · Mar 13, 2013

I dump about 500$ a time at tcf which imo is a terrible bank one of the worst, hidden fees up the wazoo. which is why i use them for dumping and i always get cash back i wouldnt trust them with my money.

My question is.. Maybe a bit off topic. But is their a thread or a place to see what banks use what currier.

I want to make my pickups and dumps at different boxing companies to help my odds. But i have no idea what each bank uses, or does it vary by location?