TD Bank Coin Machines

[Detectorinator]

I am new to CRH and bought my first box of halves. I'm sure I had beginners luck with 1 90 percent Kennedy and 11 40 percent Kennedy.

I opened an account with TD Bank to use their free coin machines to return the clad halves but it locked up after only about $150 in halves saying the bag needed to be emptied. The teller saw how many halves I had and said it would fill up quickly so she held the machine open while I added the rest of my coins. It ended up filling up and locking 3 more times. They were nice but I don't think they will be so nice if i have to do that once a week.

Do you think they were doing something wrong or is that normal for these machines? I see how some of you guys do several boxes a day and can't believe you have the teller standing at the machine filling bag after bag of halves. Hopefully this isn't normal and it is easier to dump the clad from now on.

P.S. One positive thing that came out of this was that I found a 1943d steel wheat penny in the return tray!

 

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[BuffaloBoy]

I use TD bank with my halves to dump as well, no issue at all, the tellers leave the machine out and change the bag when needed(the bag fills every $100 in halves or 200 coins. Unfourtinately for that the tellers have to change the bag at least 5 times depending on how much I dump... they are nice to me and even give me the foreign coins(and sometimes steel pennies) caught on the magnet. Hope this helps, and remember. DO NOT PUT IKES IN THE MACHINE. they clog the machine. HH!

 

[kleinerschmitter]

Wow, at my bank it fills up at $1,000.

 

[CHAINCHOMP]

wow, me too, mine fills at 1k. nice finds! Keep it up and hh! [R.I.P. Rich Hartford]

 

[Piledriver]

I feel fortunate because at the bank I dump at, the limit seems to be $1000 in halves and $1000 in dimes in the same machine at one time.

When it begins to get full, it begins to spit coins out the reject slot. That's when yours truly takes his cash and makes his exit.

 

[CHAINCHOMP]

wow, me too, mine fills at 1k. nice finds! Keep it up and hh! [R.I.P. Rich Hartford]

almost forgot, my banks machine takes
$1,000 gold dollars (maybe $2,000...idk for sure cuz i never use gold dollars)
$1,000 halves
$2,000 quarters
$2,000 dimes
$400 nickels
and $100 cents

Keep it up and hh! [R.I.P. Rich Hartford]

 

[BuffaloBoy]

my machine takes:
$25 pennies
$100 nickels
$250 dimes
$500 quarters
------------------------------odd, just like how brinks boxes their coin, and brinks is the coin supplier of the bank
and $100 in halves

I am jealous of you people who have $1000 bags of halves.. with my bank had bags like chainchomps!

 

[db23]

Even though the machines fill at $100 per bag, if you have the right teller they can be WAY faster than the machines that fill at $1000 per bag. I have a few banks that fill at $1000 and they generally take about 13 or so minutes to run $1000 through the machine. I can do $1500 at a few of my TD branches in less than 5 minutes - mostly because these branches re-use the same bag 5 times instead of changing it every time.

 

[BuffaloBoy]

Even though the machines fill at $100 per bag, if you have the right teller they can be WAY faster than the machines that fill at $1000 per bag. I have a few banks that fill at $1000 and they generally take about 13 or so minutes to run $1000 through the machine. I can do $1500 at a few of my TD branches in less than 5 minutes - mostly because these branches re-use the same bag 5 times instead of changing it every time.

I keep trying to talk the tellers into letting the big bag fill at 500 hooked up to the machine, and last the the manager changed my half dollar bags, I suggested that to her and she liked the idea- it was too late to do that as I only had 1 more $100 bag to fill.

 

[db23]

Even though the machines fill at $100 per bag, if you have the right teller they can be WAY faster than the machines that fill at $1000 per bag. I have a few banks that fill at $1000 and they generally take about 13 or so minutes to run $1000 through the machine. I can do $1500 at a few of my TD branches in less than 5 minutes - mostly because these branches re-use the same bag 5 times instead of changing it every time.

I keep trying to talk the tellers into letting the big bag fill at 500 hooked up to the machine, and last the the manager changed my half dollar bags, I suggested that to her and she liked the idea- it was too late to do that as I only had 1 more $100 bag to fill.

I just worked out the best deal possible for me. One of my TD branches is going to let me bring in $5000 at a time in 5 $1000 bags and just deposit them into my account "Subject to count". So they will send them out to be counted and if it's over or under it will just be withdrawn or deposited into my account - I'll just be careful to make sure I always give them $1000 exactly in the bags. This will be good because then I can just do like $500 at a time at the branches that produce silver in the reject tube/tray for me and I can avoid the branches that never produce because they are cleaned out too often.

 

[RUSSIANPAUL]

I have dumped at a couple of new TD banks around work, and have checked the Magnet tray. Got a whole bunch of Canadian and other foreign coins, a steel penny and even a bunch of regular coins which were stuck INSIDE of the thing, whatever its called, that you dump the coins into. Now, if you take these, are you stealing from the bank?Since they have not been counted, i am guessing not, but since they are in the machine which is owned by the bank, technically yes?

I know that there is no way that they can prove that these were not your coins, but has anyone ever run into any problems?

I asked the manager who was doing a counting test on the machine on what they do with the coins. She said they send them to Brinks. I left it at that.

 

[BuffaloBoy]

I have dumped at a couple of new TD banks around work, and have checked the Magnet tray. Got a whole bunch of Canadian and other foreign coins, a steel penny and even a bunch of regular coins which were stuck INSIDE of the thing, whatever its called, that you dump the coins into. Now, if you take these, are you stealing from the bank?Since they have not been counted, i am guessing not, but since they are in the machine which is owned by the bank, technically yes?

I know that there is no way that they can prove that these were not your coins, but has anyone ever run into any problems?

I asked the manager who was doing a counting test on the machine on what they do with the coins. She said they send them to Brinks. I left it at that.

the one teller there saves me whatever is on the counter and gives them to me for free, I guess technically not stealing from the bank, especially if you get a teller to give them to you.

 

[db23]

I know that there is no way that they can prove that these were not your coins, but has anyone ever run into any problems?

My policy is once I start using a machine, anything in it and not already deposited into a bag is mine. You are correct, there is no way they can prove that the coins are not yours. Every teller that I've dealt with, except for 1, has agreed with this. The 1 that disagreed was rewarded with a $3000 half dollar dump. Yes, he had to change the bag in the machine 30 times.

 

[Detectorinator]

I'm not sure it will do anything but I emailed TD Bank with a suggestion that they raise the limits on the Penny Arcade machines for half dollars to at least $500. It seems like a waste of time for the teller and customer to empty the bag so many times. I'm new to this but felt uncomfortable running $500 thru the Penny Arcade, let alone the thousands some of you on here do every week. I would love to CRH more per week but until I find a reasonable place to dump lager quantities of coin I will most likely stick with lower numbers of boxes.

 

[db23]

I'm not sure it will do anything but I emailed TD Bank with a suggestion that they raise the limits on the Penny Arcade machines for half dollars to at least $500. It seems like a waste of time for the teller and customer to empty the bag so many times. I'm new to this but felt uncomfortable running $500 thru the Penny Arcade, let alone the thousands some of you on here do every week. I would love to CRH more per week but until I find a reasonable place to dump lager quantities of coin I will most likely stick with lower numbers of boxes.

Sending an email like that to corporate is a bad idea. In the unlikely event that it was acted upon, it would more likely lead to a policy change of their machines being reprogrammed to not accept half dollars. Think about it, on average a branch that is not a CRHer dump bank probably takes in maybe $10-20 of halves on an average month, could take 5+ months to fill a $100 bag of halves. That machine isn't there to cater to CRHers, some of us just take advantage of it.

On another note, if they put a regular bag in the half dollar spot and allowed it to fill to $500, it would block the reject tube. This part is not speculation, this I know for sure as I have gotten many rejects from tubes where branches use full size bags instead of the half bags - I could clearly see the tube was blocked before they opened the machine up.

If you don't feel good about it then I'd move on and find a different dump. There are machines out there that take $500 and $1000 per bag and there's always the option of re-rolling or as you said just do smaller numbers...

 

[byrne3]

my machine takes:
$25 pennies
$100 nickels
$250 dimes
$500 quarters
------------------------------odd, just like how brinks boxes their coin, and brinks is the coin supplier of the bank
and $100 in halves

I am jealous of you people who have $1000 bags of halves.. with my bank had bags like chainchomps!

Your machine is TD bank? I think your numbers are wrong..

$50 in pennies
and $1000 in quarters (the machines have 2 bags). If you fill one, it will go start using the other bag without anyone having to change anything

 

[Cerulean]

On another note, if they put a regular bag in the half dollar spot and allowed it to fill to $500, it would block the reject tube.

I frequently dump at TD coin sorters, and I have seen inside the machine many times. Yes, the 50c bag fills up at $100-$150, and this is entirely the fault of defective machine design. The bags that collect each denomination of coin hang from a clip that pinches the top of the bag. I speculate that this clip is connected to a sensor that measures the weight of the bag and tells the machine "the bag is full" when the bag's weight reaches a certain amount. The bags for other denominations are positioned around the right side and backside of the machine, but the bag for halves is front and center, right in front of the reject tube! If the bag were allowed to tangle it's full designed height, the reject tube would be completely blocked! I need to give the engineer who designed this part of the machine a swift kicking! The TD tellers at my local branch have kludged the problem by cutting the top half of the bag off, so that it does not hang down so far. However, the smaller bag also holds fewer halves before filling up. If it weren't for halves dumpers like us, this normally isn't a problem.

BOTTOM LINE: Because of a stupid decision in how these machines were designed, the TD coin sorters are very inconvenient (on the part of the tellers) for counting more than a handful of half dollars at a time!

 

[BuffaloBoy]

BOTTOM LINE: Because of a stupid decision in how these machines were designed, the TD coin sorters are very inconvenient (on the part of the tellers) for counting more than a handful of half dollars at a time!

I think TD bank is very convenient, even though I dump half dollars there and the bag fills at $100, I honestly do not think I would be CRH'ing if TD bank did not have their free coin counter*for members*, if it takes 10 minutes, so be it. I am glad they have a coin counting machine. hh!