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The Inevitable Question...

AdDicted2Ag

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I am sure everyone here has had multiple types of experiences at banks. Especially when you are ordering a fair amount of boxes from the same branches each week. I have developed some phenomenal relationships with my tellers and some are even at the point where I genuinely consider them to be friends. The one thing I have noticed is that after a few months, primarily at new branches you may be ordering from, the inevitable statement always comes up. "So you have been doing this for quite some time now. Obviously you have to be finding some thing since you don't stop ordering. How much money are you making off of this?" I have even had a teller ask me to bring in some of my finds so she can see what all the fuss is about. Personally I am not the type of hunter to spill my beans, because other hunters with loose lips have led to a huge rise in sniping tellers in my area, but I do feel in this instance it is necessary to speak a little to maintain a good and honest relationship with the bank. I try to withhold as much information as I can, but at the same time not lie. I will normally talk about errors and collectable dates, but will never mention the word silver. Since I know I will certainly face this question again, I thought I would ask how others handle the situation.This is a tough subject and I know people will be very opinionated on it, but what do you say to the tellers when the inevitable question arises? Particularly tellers you have a good relationship with but don't want to enlighten.
 
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I agree Mav.. I saw a guy come in yesterday When I was dumping dimes.. He came in with a huge full sack of coins and said that he has five more full bags in the car and will be right back. He told the teller that he has a business and this was their coin donation from the holidays.. I have seen many coin donations before and have never seen that much donated, so i was suspicious.. Not sure if it was true or not, but I saw him rim checking every reject that came out of the machine.. Got me wondering if he just knew to look for collectables or was in fact making up an excuse to dump.. Because if he was making up an excuse, saying you are going to donate the money to charity, just so you can dump is a pretty heartless and cold blooded lie.. who knows though..:dontknow:
 
I try to not tell my dump bank Tellers anything when they always ask sooner or later, "Where do you get all of these coins from?" and after a standard "all over" usually tell them I am working on several different collection books. If it ever comes around to making money, I always say that I keep everything that I find and have never sold anything (a small lie) and then maybe add that I wouldn't want to get ripped off by the people who buy coins who won't pay anything near what the coins might be worth (mostly true) which helps convince them that what I am doing is a waste of time. My pick-up banks I always act thrilled about what I am finding, the proofs, errors, gold plated coins, and anything weird and worthwhile to collect as long as it is not any of the newer silver. I have told a few about finding some older Franklin's or Walkers and acted so happy because of how hard they were to find and how glad I was to just be able to have the coin so that hopefully they can make me that happy again by finding one/some and offering them to me at FV.
 
I've been asked numerous times how much money I make with whatever I find in boxes. My usual answer is "less than minimum wage."
 
maverick said:
I tell them I am a collector and I fill coin books with my kids for family time, and to not have the tv or video games on certain nights of the week. Maverick.

That is exactly what I tell my banks. I even bring my daughters in when I can.

My regular pick-up banks have started asking me if I am finding the coins that we're looking for.
I always reply that "Yes, but we still have a lot of spots to fill in the coin books". And that most of the coins are in rough shape so they're not worth saving. And I never mention AG. If they ask if they can help save certain ones I say that anything in the 60's or back have been hard to find, so all those spots are open in our books.

All of that is the truth, and the truth will set you free. :)
 
I am a collector and when I was a kid I couldn't afford to collect halves, much less dollar coins. Now my aim is to fill 3 complete albums (2 for the grandkids) of every denomination, and hopefully one album each of the older coins (for myself). That's my story and I am sticking to it.

I also buy boxes of cents for my Scouts to search through, and I allow them to save any wheats they find.

I do share some of my more spectacular finds with the tellers because they like hearing about/seeing them. The subject of searching solely for silver never comes up, because in truth I do not. My Christmas list includes a Dansco album just for proof halves since I have had some luck with them over time.

Rascal
 
I am sure everyone here has had multiple types of experiences at banks. Especially when you are ordering a fair amount of boxes from the same branches each week. I have developed some phenomenal relationships with my tellers and some are even at the point where I genuinely consider them to be friends. The one thing I have noticed is that after a few months, primarily at new branches you may be ordering from, the inevitable statement always comes up. "So you have been doing this for quite some time now. Obviously you have to be finding some thing since you don't stop ordering. How much money are you making off of this?" I have even had a teller ask me to bring in some of my finds so she can see what all the fuss is about. Personally I am not the type of hunter to spill my beans, because other hunters with loose lips have led to a huge rise in sniping tellers in my area, but I do feel in this instance it is necessary to speak a little to maintain a good and honest relationship with the bank. I try to withhold as much information as I can, but at the same time not lie. I will normally talk about errors and collectable dates, but will never mention the word silver. Since I know I will certainly face this question again, I thought I would ask how others handle the situation.This is a tough subject and I know people will be very opinionated on it, but what do you say to the tellers when the inevitable question arises? Particularly tellers you have a good relationship with but don't want to enlighten.
The tellers i work with know what i am doing. Some snipe some dont and give me the silver for face.One teller use to save but dont any more.I have been open about what i am doing. Good Luck
 

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