Jackpot:)

[Mom2Ben02]

I am so excited, and wanted to share with people who know the value of "free money" -

I am a teller. I "inherited" a big bunch of half dollar rolls - $400 worth - from another teller who left. So, one day when I was bored, I unrolled one. I found 2 old, silver halves in the roll. Went through a few more rolls...got a bunch more. A friend works in her dad's coin shop, so I asked her the value of what I have. About $10 each!!! I have found 27 so far, and still have a bunch of rolls ($350 worth) to go through. I think I am going to buy them with my own money and let the kids help me go through them!

Not a bad return on a fifty cent investment!

 

[mommyrants]

Funny, when I find something worth more than they thought for my employer, they reap the benefit.

Sounds to me like stealing. Not worth $40 to sacrifice a good job and my reputation in this economy.

 

[Styx Fan]

Very cool! I worked as a teller for several years and obtained some silver coins in a similar manner. But not nearly that many.

Before anyone starts to question, yes this is perfectly within the rules. As long as the transaction is witnessed by another employee, all the banks I worked at would allow a teller to buy coins or bills from their till. One of the small perks for a really, really stressful job that pays peanuts.

 

[mommyrants]

And people wonder why our banking system is a mess...

 

[Mom2Ben02]

It is not stealing in any form of the word. The bank is not a coin dealer. I bought the coins with my own money, with my boss as the person selling them to me.

People come in all the time to buy stacks of something - coins, dollars, etc - to search through and look for "the good stuff". We happily order stacks of dollar bills weekly for one man, only to have him bring them right back to deposit in his account if they are not worth anything.

Wow. This board can be really mean sometimes. I was so happy, and now you made me crabby. Sorry I said anything.

 

[Mom2Ben02]

And people wonder why our banking system is a mess...

SERIOUSLY? You think the fact that I bought $13 worth of half dollars is the reason for this economy? Oh, my - turn me into Obama.

I guess you like to rant, Mommyrants. Cheer up, it is the holidays. Or - if you don't want to, don't bring every one else down with you.

Off to figure out how to block someone...

 

[Kies99]

I see nothing wrong with this. As stated, the bank is not a coin dealer. As long as the coins are paid for at the face value, there is no issue.

When I worked in retail MANY years ago, we could do the same thing with cash/coins. Once in awhile someone would pay with a silver certificate dollar and as long as another employee witnessed it then there was no issue.

 

[NurseJes]

I used to work as a teller, and we have a couple members who would be so jealous! LOL! I had a member try to use the old $100 Gold Certificates to pay a car payment...at face value!!! Man, I wish I didn't have ethics cause those puppies are worth some bucks! (I hooked her up with an old currency collector, both parties were very happy, needless to say.) And no, it's not stealing or wrong what you did, you have every right to be lucky, just like any member/customer as long as you pay what they would, etc.

 

[Gr8t Fan]

Funny, when I find something worth more than they thought for my employer, they reap the benefit.

Sounds to me like stealing. Not worth $40 to sacrifice a good job and my reputation in this economy.

And people wonder why our banking system is a mess...

Really?!?!

 

[Friendly Frog]

Good find Mom2ben02!

My dad collected silver coins and had a BIG bag of the OLD silver dollars, they weer beautiful and I had always planned on making a necklace out of one of them. He acutally had collected over the years about a 5 gallon jug full, but some of them were of nice quality and in individual pouches. It is so sad but Dad passed and mom was going to sell the silver dollars ( she needed the money) and someone broke into her house and took all of them before she had a change to sell them. Insurance did not pay anything on the claim since she had no proof that she owned them. Now the beautiful dollars I once loved make me a little sad.

 

[mommyrants]

Really?!?!

Really? Yes, that is how my office works. It's a business. And we don't steal from it.

If it was a credit union, that is the equivalent to stealing from members.

Kudos to the honest poster above.

 

[ccgirl]

I'm going to sound really dumb here.....

So....some 50 cent pieces are worth more than 50 cents? How do you know which ones? Great find! Would love to have this happen.

Congrats OP.

 

[mommyrants]

I'm going to sound really dumb here.....

So....some 50 cent pieces are worth more than 50 cents? How do you know which ones? Great find! Would love to have this happen.

Congrats OP.

Yes, they have a much higher concentration of silver. http://en.wikipedia.org/wiki/Kennedy_half_dollar

And finding them in your change would be an awesome find!

Stealing them from your place of employ (which paying <10% of market value is stealing, make no mistake), is not right.

 

[cole6179]

I'm going to sound really dumb here.....

So....some 50 cent pieces are worth more than 50 cents? How do you know which ones? Great find! Would love to have this happen.

Congrats OP.

Me too! School me! We have quiet a few I threw in dd's bank from my grandparent's house when they passed.

Good for you!

 

[Gr8t Fan]

Really? Yes, that is how my office works. It's a business. And we don't steal from it.

If it was a credit union, that is the equivalent to stealing from members.

Kudos to the honest poster above.

But she's not stealing -- she's buying them at face value -- and the "honest poster above" who was a former teller at a bank said it's perfectly acceptable to do what the OP did as long as she paid face value for them.

Here's some pixie dust for you . It seems like you need it.

 

[kimisabella]

Yes, they have a much higher concentration of silver. http://en.wikipedia.org/wiki/Kennedy_half_dollar

And finding them in your change would be an awesome find!

Stealing them from your place of employ (which paying <10% of market value is stealing, make no mistake), is not right.

It isn't stealing from the employer (the bank) I worked in a bank for 10 years. When people would bring in coins, we would count the rolls, unwrap them, and dump them in burlap bags with a tag indicating how much money is in the bag. An armored car would then come, pick up the bags and take them to the treasury. It's not like there are little elves in the bank somewhere sifting through the bags of coins to see if there are any rare coins in there, and depositing it into the banks own account. The bank is getting X amount for the coins, regardless if there is anything of value mixed in.

 

[LisaNJ25]

Yes, they have a much higher concentration of silver. http://en.wikipedia.org/wiki/Kennedy_half_dollar

And finding them in your change would be an awesome find!

Stealing them from your place of employ (which paying <10% of market value is stealing, make no mistake), is not right.

She didnt steal them.. she paid the face value of them The bank is not a coin dealer.

 

[DaniB]

So not stealing! Lay off and "merry humbug" to the accusers!

If someone else came in looking specifically for .50 cent pieces, and the bank happened to have some - the bank would only charge .50 cents for them! Not collector value prices of $10 or so.

And yes, I'm another person who worked in a bank for 7 years.

Congrats to the OP!

 

[simonsmom]

So not stealing! Lay off and "merry humbug" to the accusers!

If someone else came in looking specifically for .50 cent pieces, and the bank happened to have some - the bank would only charge .50 cents for them! Not collector value prices of $10 or so.

And yes, I'm another person who worked in a bank for 7 years.

Congrats to the OP!

 

[tyniknate]

To the OP - awesome for you. My mom does the same thing from her drawer at work. The money gets put into the drawer and then she exchanges it with the accounting department for face value. In no way is it stealing!

To Mommyrants - Sending home holiday spirit your way - sounds like you need it.