Its good to have friends in (correct) places

thurmownator

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It's good to have friends in (correct) places

Over the last several years, I've come to know a gentlemen; whose job it is to service the coin counters at several of the banks/CUs that I frequent.

We would run into each other from time to time; as I often was in a position to be dumping coin through some of the coin counters for which he was responsible.

We would talk it up, we had many similar interests, but CRHing or coin collecting in general were not one of them.

Consequently, and more so in the last few months, he would contact me when he had "recovered' any silver coins in his travels.

I typically pay him 2.5X for 40%ers and 5X for 90%ers.

It's not getting it at face, as when I CRH it, but it's still well below spot.

He's happy, I'm happy and it's a win/win.

BTW, while it's typically up to the financial institution, he tells me they usually want the coin counters calibrated to reject any silver. Thus, I know not to bother requesting bags off of those machines. 8)
 

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Re: It's good to have friends in (correct) places

Nice to know, and friends in correct places is nice, you never know when he may be able to help you in the future.

HH and happy holidays.
 

Re: It's good to have friends in (correct) places

Cool info. Next time you run into him ask him if there's a way to tell which machines are calibrated to reject silver without dropping a silver coin in there. I doubt there'll be a simple way to check but hey you never know right.

I would love to find a bank willing to sell me bags of halves again :( (from the counter)
 

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