the "local" brink guys??

[hokielegend]

hardly ever CRH anymore since the local brinks guys started bringing the silver they got at there facility too me to process, Not much point when its culled at the repackaging place. they miss a few but all they have to do is listen for the change in tone and they search.

That explains why my find (& most others lately) this year is so dismal.
Guess these "local" brink guys covered most part of USA (except where Maverick is, it seem...)

 

[jewelerdave]

I find the doubters funny. The guys who sell too me have no reason to lie. When they first started the hauls were massive, but over time they have been less and less.

But think about it. We all know its out there. I found out about CRH because of this form. And over a couple years of hunting profited Thousands of Dollars. That was just as an individual.

We all have run into tellers that pull silver them selves too. Sure there are the collage age girls who dont care, and then there are the tellers who make a few bucks off odd paper and coin they get. At the end of the day its the totals in the till that matter to the bank. And most tellers are secure in the pay checks they get and dont see a reason to hoard silver or gold, they think differently. And that is ok. Just like the people who deposit the old silver not knowing it has value. With out that lack of knowledge this form would not exist.

Why is it so outlandish to think management or other employees in an organization would find it impossible to swap out a few coins from rejects etc to make some extra money? And what is the obligation to return something that could be a profit stream out too the banks hiding in rolls. I am sure those people have read this form, laughed and chuckled.

The Whole Idea of business in America is to do business and make a profit. Why would someone not do that if the ability was there for anyone who can put 2 and 2 together.
Obviously anyone who hunts on this form has put that 2 and 2 together and knows the value of expanding equity and value or profited from it.

 

[FormerTeller]

There are no employees being paid to roll, there are giant machines that automatically roll coins and I'm certain these are further automated with automatic packaging. You paint a picture of a process that's extremely labor-intensive and I don't think this is true. I recall an ad for a position at Dunbar as a Coin Logistics/Handler that paid $9.00 an hour. If they get some dumb stooge to sit there all day, manage coins, what the hell do they care if they swap any? Usually, what matters is the totals at the end of the day. There is not someone watching the security camera 24/7, especially in the coin area. They'd go out of business if they invested all this into monitoring some lowly coin handler... PLUS is it likely a supervisor would give a hoot if they knew someone was collecting silver? Probably not. IF they were bills, this would be a different story. Coins not much risk if someone swaps one, if their totals off they fire them. Really people, use common sense, although culling probably is unlikely--- It's not impossible.

This is exactly what is happening. About the only effort required is double-checking the rolls before boxing them up, emptying bags of coin into the machine, and freeing coin jams. This is what I used to do when I was a former teller. You have to get your supervisor's permission, but as long as you replace what you take and aren't goofing off and costing the company money, you can swap out coins to your heart's content. On my lunch hours I used to choose between looking for silver or error coins, and taking naps on the piles of empty money bags. Most often, the naps won out, as I was young and single, and partied well into the night, and also becase the junk silver coins weren't hardly worth anything - 40% halves were technically worth 60 cents or so, but good luck getting anyone to pay you for them.

The thing to keep in mind is that these are instances of workers taking advantage of a situation. It happens on a case by case basis, and is by no means a companywide policy. Brinks boxes still produce, depending on what part of the country you live in. Just keep track of how you do; if finds start drying up enough that you find it's not worth your time, then change your tactics and don't worry about whether or not Brinks or anyone else is culling.

 

[johnomerta]

That is why I can not find anything in the clear rolls. I have thought this from the start. Ive posted a bunch on my log before I got paranoid about the IRS knocking on My door in a few years of doing this.

 

[BuffaloBoy]

The local brinks guys don't cull here but the tellers sure cull out of the clear wrappers.

 

[ArkieBassMan]

I find the doubters funny. The guys who sell too me have no reason to lie. When they first started the hauls were massive, but over time they have been less and less. But think about it. We all know its out there. I found out about CRH because of this form. And over a couple years of hunting profited Thousands of Dollars. That was just as an individual. We all have run into tellers that pull silver them selves too. Sure there are the collage age girls who dont care, and then there are the tellers who make a few bucks off odd paper and coin they get. At the end of the day its the totals in the till that matter to the bank. And most tellers are secure in the pay checks they get and dont see a reason to hoard silver or gold, they think differently. And that is ok. Just like the people who deposit the old silver not knowing it has value. With out that lack of knowledge this form would not exist. Why is it so outlandish to think management or other employees in an organization would find it impossible to swap out a few coins from rejects etc to make some extra money? And what is the obligation to return something that could be a profit stream out too the banks hiding in rolls. I am sure those people have read this form, laughed and chuckled. The Whole Idea of business in America is to do business and make a profit. Why would someone not do that if the ability was there for anyone who can put 2 and 2 together. Obviously anyone who hunts on this form has put that 2 and 2 together and knows the value of expanding equity and value or profited from it.

Anyone who thinks this never happens is very naive. Also, I have no doubt that there are sorting machines out there that may inadvertently reject silver - much like a Coinstar brand machine very often rejects silver.

This passes the "smell" test. Jewelerdave has no reason whatsoever to lie. With that said, the way I remember the original story as told by jewelerdave himself, it was Loomis workers, and not Brinks workers culling and selling him the coins.

http://www.treasurenet.com/forums/coin-roll-hunting/259362-more-dismal-news.html#post2508762

 

[jd750707]

I heard brinks drivers would take tellers to lunch and they would wake up in a bathtub of ice with a note about there kidney.... Then one time this brinks driver was pumping gas and tried to warn this girl about a guy hiding in her backseat but she drove off...

 

[agme]

I heard brinks drivers would take tellers to lunch and they would wake up in a bathtub of ice with a note about there kidney.... Then one time this brinks driver was pumping gas and tried to warn this girl about a guy hiding in her backseat but she drove off...

Ah, jd, is that supposed to be funny?
Well, get ready because what you read above is coming to a town near you soon.

 

[Uncle Ben]

I heard brinks drivers would take tellers to lunch and they would wake up in a bathtub of ice with a note about there kidney.... Then one time this brinks driver was pumping gas and tried to warn this girl about a guy hiding in her backseat but she drove off...

Hahaha...you're killing me!

 

[BRChiver]

Well I go in for a final interview tomorrow for a part time Brinks driver; figured I'd go undercover. I'll post my results once I start repacking all the half orders with my rewrapped dumps, lol!!!
HH!
BRChiver

 

[onfire]

So your saying some goof goes to work with pockets full of clad half's who counts them on his way in and then who counts them when they leave. No one touches coins unless they use them as a suppository use to call hi grading .

 

[Joe777Cool]

Everyone that is in denial about the possibility of the coin sorting company employees culling silver is naive in my opinion.

"They aren't culling. The coins don't belong to them. There job us to handle the coins and wrap, box and ship them to banks." Bank teller's do this on a smaller scale and many still manage to cull.

"Here is my take on this: I grew up near a major UPS hub. Whenever I would drive by the UPS facility when the shifts were changing I would watch as all of the employees funneled through a little security building where they went through metal detectors and searches. If UPS has that kind of security for employees that are just handling packages, what kind of security do you think employees have to go through at a cash and coin logistics hub? There is no way anyone is searching and culling anything at a brinks facility. It just isn't happening."

Every move a bank employee makes is on camera and they also have very strict policies - and they are still able to cull.

"Not to mention the employees that are rolling and boxing coin are being paid to roll and box a lot of coin. Do you really think supervisors and managers are going to let the employees get that far behind in production with the amount of time it would take to search all the coins for silver?"

I know, for a fact, that the managers are often the biggest culprits/supporters of this. There are some banks in my area where management pools all the silver finds and everyone, including management, gets a piece. Plus as formerteller stated, they always have time on their breaks and lunch periods.

It's always going to be a case by case basis. We all know of the sniping tellers and dead banks, a local Brinks culling makes perfect sense.

 

[CW3(ret) US Army]

That explains why my find (& most others lately) this year is so dismal. Guess these "local" brink guys covered most part of USA (except where Maverick is, it seem...)

what to think anymore. 2 of the 4 boxes of halfs I get each week are from 2 different branches of the same bank that I pick up (1 Ea) on different days. They are both serviced by Brinks. When I get the square (cube) box. they are usually a skunk. Today I got a flat box & it had 14 40s (1/67, 7/68 & 6/69) no enders but also had a 1975 medio peso (copper-nickel) from the Dominican Republic. I originally thought that Brinks were only square boxes but the head teller told me the boxes from them came both square or flat. The square box coins come in black/brown wrappers while the flat box comes in yellow wrappers. None of the wrappers say Brinks on them. I think it is the luck of the draw when you get your boxes from Brinks or anyone else.

HH
Gary

 

[BuffaloBoy]

It's luck of the draw. In my area I see the garda truck delivering brinks coins and sometimes see the brinks truck delivering garda coins. It's weird. I think they work out a plan for more efficiency and cover certain areas. That's just my thought. I have gotten garda boxes from a brinks supplied bank and brinks coins from a garda supplied bank, but that doesn't happen often. I have also found a garda penny wrapper mixed up inside a brinks roll of halves, LOL. Also, my brinks half dollar rolls say brinks on them.

 

[Rob in KS]

The small company in my area pulled silver and cashed it in for a big company Xmas party with cool prizes. This was several years ago when I knew somebody who worked there. I wasn't spossed to let that out, but it's been a long time and the company has since been sold.

 

[50cent]

The small company in my area pulled silver and cashed it in for a big company Xmas party with cool prizes. This was several years ago when I knew somebody who worked there. I wasn't spossed to let that out, but it's been a long time and the company has since been sold.

STRINGS AND SONS HAD A VESTED INTEREST IN SAID COMPANY. THEY ARE CORRUPTING THE ENTIRE SYSTEM.

 

[Zero]

I have seen Loomis deliver boxes to both of my pickup banks which I thought to were Brinks and some other like Garda although it doesn't say it on the wrapper. I made these assumptions based on how the dime boxes say Brinks on them and the Loomis dime rolls say Loomis. I really don't know anymore. I asked one of the tellers last week and she was clueless (not a bad trait for a teller).

 

[onfire]

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[johnomerta]

In my brinks box tonight, 1/2 dollars, one of the rolls tops were tampered with and there was 19 coins in it. I think therw was an ender and it was removed at some point. I dont get dimes from brinks suppliers anymore because there are no AG dimes there. In my area SOMEBODY is pick through them. I know they really cant go through the halves but the clear plasic rolls are hopeless. Again at what ever point that they are placed in the box, who ever handles them are making a KILLING. Furthermore, im not paranoid.

 

[huntsman53]

Do any of you even know how much the Brinks' employees, Loomis' employees or other Armored Truck Services' employees actually make an hour? Well, it sure isn't enough for the one's that risk their' lives to pickup and deliver coins and currency to all of the Banks and Commercial businesses that they service 6 days a week. I would not blame the employees for culling the Silver coins out as long as they are replaced at face value, selling the coins to Collectors or Dealers and then splitting the profits amongst all of the employees. Is it right?, probably not but as long as the culled Silver is replaced at face value and no Banks, businesses or the Armored Truck Services companies are not shorted, then there is no harm, no foul! Besides, I am sure that their' Coin Counting Machines cull out most if not all of the Silver coins, plugs and Foreign coinage, so this is where the coins are being culled and maybe some enterprising employees are taking advantage of this.


Frank

 

[fistfulladirt]

Six years on this forum it's still all just hearsay.