Jackpot:)

[ConnieB]

Hmmm, since she bought them from the bank for the bank's asking price I'm not seeing where that's illegal or stealing. She bought them from her boss, so obviously she had permission.

What's the difference between what she's doing and me going to a garage sale and finding some "junk" that the owner is getting rid of that ends up being worth thousands of dollars? We hear about it all the time on the news around here...estate sales and the kids are selling grandma's junk for a few dollars hoping to just get rid of it, and someone finds it's a rare something or other. Would you expect the buyer to share their profits with the seller? Of course not. If I was given a rare coin from the grocery store as change would I be expected to share the profits? Of course not. This bank was selling half-dollars....OP bought one (several)....it's worth more than what she paid, Congrats to OP!

Now...if this bank manager was smart he'd start pulling those and selling them to help cover the banks losses on those mortgages that are being foreclosed on....but that's probably not ever going to happen, lol.

 

[SandrA9810]

That is so cool. I used to buy coins from the till when I worked at Gamestop. I love collecting half dollars, dollar coins, and two dollar bills. So if I saw one, I'd exchange it. Some of it isn't worth more than the face value, but one day I hope it is.

 

[doxdogy]

As others have pointed out to you. This is common practice among tellers in the banking industry. My husband works for one bank in town and the tellers know he collects coins. The ones that don't will save them for him to look at to see if he wants them. All the bank managers are well aware of the practice.

I bought a ring for $800 years ago at a pawn shop. Had it appraised and sized, it was worth over 2k. Therefore with your line of thinking, I now owe the pawn shop the difference.

OP great find! DH would be seriously jealous!

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.

 

[RooRach0906]

Wooohoo to the OP!!!! That is great news!! I knew the value could go up but I didnt know that much I need to go through the coins and bills my grandfather gave me. I know I at least have $30 worth of stuff.

 

[Eastern]

Also be on the lookout for 1965-1970 half dollars. They have a higher silver content (40%?) than ones minted later.

 

[JoiseyMom]

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.

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.

I really (and others too) would like to know why you think this is stealing?? The coins face value, and that is the only value the bank cares about was 13.00, the OP gave the bank 13.00 for the coins.

I was also a bank teller and there is nothing wrong with this.

So I am confused as to why you think this was stealing.

The bank would have either given them to any customer who requested them, or would have sent them on to another branch or to the treasury, or they would have sat in the OP's till forever.

So please tell me how it is stealing to purchase 1/2 dollars from a bank for face value??

 

[ExPirateShopGirl]

If the OP's till balanced at the end of the day, she did not steal.

 

[ENSOCK]

I work at a bank also. It is not stealing and congrats to the OP. As a teller, I wish someone would come buy the .50 pieces and dollar coins. We hate, hate, hate them!!! Most are worth only face value and most people do not want them. But we do have the moms come in an get them for the tooth fairy or Santa Claus to leave and now those ice machines that are located everywhere gives the dollar coins as change. They are just a hassle to count and roll!

To the complainer I wish your day goes better!

 

[DisneyShannon]

I do not see how this could be stealing. When I was a housekeeper 20 years ago someone left me some coins looked to be from another country. I just sold them to a buyer for 10 bucks each.
Great find for more disney money.

 

[cdrn1]

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.

I think this is just a mis-guided attempt to be self-righteous.

OP clearly is on the up-an-up. Congrats on your find.

Mommyrants, you need to do a little research before your next bout of name-calling.

My 2 cents.

 

[Boston Tea Party]

Good for you, OP! Enjoy your windfall.

What a neat JOB PERK you have.

 

[NYCDiane]

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

Sure, the banking system is a mess because a teller who makes maybe $12/hour is making an even exchange, dollar for dollar, with a fellow employee (probably a supervisor) witnessing the exchange.

Hellooo...... are you awake????? She's not "stealing" as you insinuate. If it were against the rules, the bank wouldn't be letting her do it.

I worked as a cashier about 30 years ago and I always "purchased" the silver coins, $2 bills, Silver Certificates from my drawer (with my supervisor's OK of course).

 

[Purseval]

For all of the indignant bank tellers out there this sounds more like a clash of corporate cultures than anything else.

In many companies everything on the company's property, even the garbage, is owned by the company and taking something is considered to be pilferage. That is a fireable offense and more than one time a person has lost their job over something as innocent looking as taking something out of the trash and bringing it home. In a right to work state (or fire at will, depending on how you wish to call it) a silver coin coming into the register would be a windfall for the company, not the cashier, and the even exchange so many of you are touting could get you walked out the door with no recourse for appeal if that's what the person in charge decides is the rule.

It sounds like mommyrants works for one of those types of companies and doesn't understand the rules that lets bank tellers swap coins on an even exchange.

 

[GJM]

My friend use to work for a bank and would get different money all the time by buying it - no way is it stealing. She paid .50 for a .50 piece. Do you think if you went to the bank and they owed you $10 are they going to give you the silver .50 and tell you it is worth $10.

Great find - hope you and your kids have fun going thru it. I also have some old .50 and $1.00

 

[princessmom29]

For all of the indignant bank tellers out there this sounds more like a clash of corporate cultures than anything else.

In many companies everything on the company's property, even the garbage, is owned by the company and taking something is considered to be pilferage. That is a fireable offense and more than one time a person has lost their job over something as innocent looking as taking something out of the trash and bringing it home. In a right to work state (or fire at will, depending on how you wish to call it) a silver coin coming into the register would be a windfall for the company, not the cashier, and the even exchange so many of you are touting could get you walked out the door with no recourse for appeal if that's what the person in charge decides is the rule.

It sounds like mommyrants works for one of those types of companies and doesn't understand the rules that lets bank tellers swap coins on an even exchange.

But her employer agreed to the exchange.That is the key here. She did it with the full knowledge and approval of her employer. She in effect bought it from her employer at the price set by that employer. One time the dry cleaner I worked for replaced their office furniture, and I bought one of the old desks. I didn't steal it, but paid what my employer asked for it. This is the same thing.

 

[Aryn]

I think thats awesome OP I need to go through my old coins and see what I have!

Merry Christmas to you!

 

[hinodis]

OP hang on to them. The price of silver is going up so the value of the coins will go up as well! Ignore the green monsters on here, they just wish it was them that had found them!

 

[angwill]

For all of the indignant bank tellers out there this sounds more like a clash of corporate cultures than anything else.

In many companies everything on the company's property, even the garbage, is owned by the company and taking something is considered to be pilferage. That is a fireable offense and more than one time a person has lost their job over something as innocent looking as taking something out of the trash and bringing it home. In a right to work state (or fire at will, depending on how you wish to call it) a silver coin coming into the register would be a windfall for the company, not the cashier, and the even exchange so many of you are touting could get you walked out the door with no recourse for appeal if that's what the person in charge decides is the rule.

It sounds like mommyrants works for one of those types of companies and doesn't understand the rules that lets bank tellers swap coins on an even exchange.

There are also people who can not see outside the box they percieve rules one way and feel everyone who does them differently is wrong. Some autistic/asperger people can be very black and white like this and get very upset when someone breaks the rules as they percieve them.

 

[PrincessBelle09]

Monetary value does not equal collector value. If the OP (congrats on the awesome find, btw) used the coins to make a $10 purchase at a store, the store certainly would not accept a $0.50 as full payment. The coins do not have that much purchasing power in the market. As monetary capital, they are only worth $0.50. They are only more valuable when essentially taken out of circulation as a collector's item (used as a "good" rather than "money"). Therefore, the OP's actions come nowhere near stealing.

Please, educate yourself or use at least use a bit of common sense before making such accusations.

 

[TnTWalter]

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!

So cool!!! Enjoy and have fun with the kids!