by ZenOps » Tue Mar 06, 2012 10:24 am
Hehe. Don't count your chickens before they have hatched.
Coins are not an unlimited resource that the banks magically produce. Its becoming quite a bit harder to find copper pennies and nickels now. Most higher volume banks will have limits on how much raw poundage of coins you can withdraw if you are not using a commercial bank account. As a Canadian, we are legally only allowed to transport $100 or less worth of US pennies and nickels across the border.
I try to keep things under one box per day, but some banks near me are at two bundles per day, some are two boxes, and some will give you near every penny they have if you ask.
My local coin shop, one of two authorized Canada mint dealers in the city - has an enforcable limit of converting $3,000 worth of paper into silver or gold each day. It makes sense, as the US could technically print up or electronically create $600B in the first "second" and attempt to buy every physical bar of metal that Canada has in the second "second".
50 cent pieces are incredibly rare in Canada, I can go an entire year through several banks every day - and only get a handful of them.
Beaver collector