What would you do???

[$ilver$urfer]

If you purchased a solid roll of silver halves, quarters or dimes from a bank and it had the customer's name, address and phone number on the roll would you contact them, inform them of their mistake and pay them face value or a portion of face value for it?

HH,

$ilver$urfer

 

[td31]

unless i saw the person in real life, i wouldnt say anything. it's one thing when u can see them and say it then, another to call and them maybe having your # now.

 

[Stang1968]

Unless they personally tendered the rolls to you for face value, I don't think you have any obligation. Besides, the information may not be current.

 

[Yougot]

I would like to cite the case of Finders v. Keepers

 

[$ilver$urfer]

I would like to cite the case of Finders v. Keepers

LMFAO!!!

 

[SFBayArea]

If you found a solid roll of silver halves, quarters or dimes and it had the customer's name, address and phone number on the roll would you contact them, inform them of their mistake and pay them face value or a portion of face value for it voluntarily?

HH,

$ilver$urfer

Technically if you found it on the ground.. you have an obligation by law to post an ad out for it or turn it to the police station. If no one came and got it after something like 30 days, it's yours. Obviously if they have an address, you're supposed to try to find the owner. However, it's unlikely anyone would.

If they used the coins as money as gave it away to you as payment. Then they are all yours. They forfeited them when they gave them to you.

 

[$ilver$urfer]

If you found a solid roll of silver halves, quarters or dimes and it had the customer's name, address and phone number on the roll would you contact them, inform them of their mistake and pay them face value or a portion of face value for it voluntarily?

HH,

$ilver$urfer

Technically if you found it on the ground.. you have an obligation by law to post an ad out for it or turn it to the police station. If no one came and got it after something like 30 days, it's yours. Obviously if they have an address, you're supposed to try to find the owner. However, it's unlikely anyone would.

If they used the coins as money as gave it away to you as payment. Then they are all yours. They forfeited them when they gave them to you.

I should clarify my question, if you purchased a roll from a bank?

 

[mts]

I would not try to contact them. If the person was in the bank at the time I would try to let them know that they were making a mistake. But once they are out of the bank it could just cause trouble to try and contact them. If you call someone they are likely going to freak out about how you got their information. At the very least, they may think it is a scam.

 

[jim4silver]

This is kind of a ridiculous question in that the roll would never have all that info. Maybe a name, maybe an account number. What about if it had a map to their house with a giant X on the spot where they live.

Technically if you found it on the ground.. you have an obligation by law to post an ad out for it or turn it to the police station. If no one came and got it after something like 30 days, it's yours. Obviously if they have an address, you're supposed to try to find the owner. However, it's unlikely anyone would.

Can you please cite a law that states this?

On a related note, there was an article very recently about a girl in Dallas who found $2000 in cash in a parking lot and turned it into the police. After the requisite time period passed and nobody claimed it, the police turned it over to the city under a new regulation that states all unclaimed property goes to the city general operating fund, or something to that effect. The girl got nothing.

Jim

 

[fistfulladirt]

Nope, and great reply Jim!

 

[$ilver$urfer]

This is kind of a ridiculous question in that the roll would never have all that info. Maybe a name, maybe an account number. What about if it had a map to their house with a giant X on the spot where they live.

Technically if you found it on the ground.. you have an obligation by law to post an ad out for it or turn it to the police station. If no one came and got it after something like 30 days, it's yours. Obviously if they have an address, you're supposed to try to find the owner. However, it's unlikely anyone would.

Can you please cite a law that states this?

On a related note, there was an article very recently about a girl in Dallas who found $2000 in cash in a parking lot and turned it into the police. After the requisite time period passed and nobody claimed it, the police turned it over to the city under a new regulation that states all unclaimed property goes to the city general operating fund, or something to that effect. The girl got nothing.

Jim

Jim, I'd post the picture of the dime rolls I got today from a bank that had a ladies name, full address and phone number on them (9 rolls) but I don't think that would be kosher. Just because it has never happened to you do not mean it does not happen. Most people only put their name or account number on the rolls, and many banks sharpie out all personal information, some don't even bother. In any event, I found [2] silver dimes in those 9 rolls. I would never call the person if the rolls were solid, but point in fact it can happen as it did to me today.

HH,

$ilver$urfer

 

[brendan1414]

"Yes, hello... do you happen to have any MORE coin to get rid of?"

 

[n9zez]

I would like to cite the case of Finders v. Keepers

LMAO! This is going into my book for future use!

 

[apush]

Years ago, I remember my own mother jotting down her account number and name on rolls of coins she deposited. It was standard practice. Even did it myself when I was a teen. These were the days before we had coin counters. I would be very upset if my mother today, who is in her 70s, went to a bank and did the same thing--and the teller did not have enough sense to use a marker to delete and wipe out the information. To me, this is an invasion of privacy and poor banking practices.

apush

 

[ckrakowski]

"Yes, hello... do you happen to have any MORE coin to get rid of?"

good one.

 

[ckrakowski]

I would like to cite the case of Finders v. Keepers

good one.

 

[MentalUnrest]

When I go to garage sales/auctions and resell the items I got dirt cheap; should I contact the previous owners and let them know they made a mistake by selling their items at too low of a price? Same goes on your example - They willingly sold the roll to the bank and no one was taken advantage of.

MU

 

[TheRockDoc]

i would call them.Turn it back in.Good karma will come your way.Ive found this to be true.God will reward you!

Turn it back in to who I am reading this question and I'm thinking... Oh hell yes I would call the person to ask them if I could take anymore coin off their hands... Then I get to the part where it says to pay them spot price... etc. I was absolutely shocked when I realized that is where the post was going.

The way I see it, is that if WE (we as in CRH'ers) wanted to pay face for some silver, we all know many ways to do that. I think I speak for all of us when I say, the reason we CRH is to find silver at Face Value, and so you are suggesting that when we finally do find that full roll of silver, at Face... That we change our minds and then go out of our way some more, spend more time, buy more gas driving all over everywhere and back... than we already have searching in the first place, just to give money away in the name of karma... Sorry but I do not believe anybody in the world who CRH for silver would do that... Period... I cant even imagine... Crazy question.

 

[RP4L]

I wouldn't... just out of fear of looking like a stalker or something.

If I had some little old lady standing by me in line with a bunch of old rolls of half dollars, I'd probably be tempted to give her some advice. I've never seen a situation like that in all my life though.

 

[creeper71]

This is kind of a ridiculous question in that the roll would never have all that info. Maybe a name, maybe an account number. What about if it had a map to their house with a giant X on the spot where they live.

Technically if you found it on the ground.. you have an obligation by law to post an ad out for it or turn it to the police station. If no one came and got it after something like 30 days, it's yours. Obviously if they have an address, you're supposed to try to find the owner. However, it's unlikely anyone would.

Can you please cite a law that states this?

On a related note, there was an article very recently about a girl in Dallas who found $2000 in cash in a parking lot and turned it into the police. After the requisite time period passed and nobody claimed it, the police turned it over to the city under a new regulation that states all unclaimed property goes to the city general operating fund, or something to that effect. The girl got nothing.

Jim

Jim I like to say that I myself had to do this exact same thing once when I dumped some coins at a bank I wasn't a member at... so you shouldn't be so Cynical