$5000 of pennies turned into bank....

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$5000 of pennies turned into bank....

Postby mnymgr1 » Thu Oct 29, 2015 8:08 am

and I'm thinking, why the heck didn't he contact someone in the coin community first ??
there had to be a few nice coins in there if he'd been collecting since 1960

http://www.foxnews.com/us/2015/10/29/ch ... cmp=hplnws

mods, sorry if I put this in the wrong area, please move at your discretion
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Re: $5000 of pennies turned into bank....

Postby AdamsSamoa » Thu Oct 29, 2015 9:32 am

Saw it on the news last night and was thinking the same thing.

-J
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Re: $5000 of pennies turned into bank....

Postby justoneguy » Thu Oct 29, 2015 9:58 am

this is how coin roll hunters get their scores!
We can ignore reality but we can’t ignore the consequences of ignoring reality.


The truth will set you free,
but first it's really going to piss you off.
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Re: $5000 of pennies turned into bank....

Postby GGerrands » Thu Oct 29, 2015 7:42 pm

Got on the board to post this and saw it was already up. I wonder if anyone got them or they were sent off to Loomis. $25 bonus for a $100 turned in back in the 70s wasn't a bad deal.
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Re: $5000 of pennies turned into bank....

Postby fasteddy » Thu Oct 29, 2015 8:11 pm

I will call this bank in the morning....its probably 4 hours away....but it probably happed last week and the cents have already been sent to the vault/FED. I have done this before and the news stories are behind by a week or so.
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Re: $5000 of pennies turned into bank....

Postby TXSTARFIRE » Fri Oct 30, 2015 9:24 am

Not there anymore, per the article:

"After freeing the coins from their containers, bank employees poured them into buckets and loaded them through a counter into bags, before shipping the pennies off to the Federal Deposit Insurance Corporation."

Why would the FDIC want these?
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Re: $5000 of pennies turned into bank....

Postby jrf30 » Tue Feb 16, 2016 11:57 am

FDIC would not want them. Just an ignorant statement by the reporter. They were not sent to the Fed either. Just sent in to Loomis or whoever that specific bank uses for their coins. Not a biggie. Just an error by the writer.
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Re: $5000 of pennies turned into bank....

Postby Heavymetal » Thu Apr 07, 2016 7:30 pm

Wish I could have searched through those!
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