Coin Shop Owner on BANKS HATING COIN SHOPS

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Information Coin Shop Owner on BANKS HATING COIN SHOPS

Title	:	Coin Shop Owner on BANKS HATING COIN SHOPS
Lasting	:	14.09
Date of publication	:
Views	:	32 rb

Didn't all banks have to count the cash that was deposited into them? This is insane This is why everyone needs to continue using cash in their everyday transactions
Comment from : 1 TangoMan

Paise to nai dungi coins hai
Comment from : sunitha mahindrakar

Next time i go to the bank, im gonna ask the tellers "what are they gonna do for work, when we go cashless?"
Comment from : Miztah J

And this is why i will not go digital Because a child from across the globe can hack and take your money and identity But a good safe, the person has to be in your house to rob you
Comment from : Miztah J

Insightful video It's great hearing Harry's seasoned and honest takes on everything, he doesn't subscribe to the hype or conspiracy theories and gives a very level-headed approach and reasoning to his thoughts and views Truly, Harry does not need to have Richard or Adrian there to make an entertaining/interesting video!
Comment from : Sevro

I was looking at safes off an add on facebook There were HUNDREDS of negative comments about Liberty Safe!
Comment from : Shawn R

The safest way to prevent the safe companies from giving out a master / backdoor code is a mechanical /analog lock That being said , if the law enforcement agency has a warrant they will get entry into the safe by any means Liberty has done this thousands of times I suspect without ever actually seeing a warrant Ask any locksmith or safe technician what they have to repair more of, mechanical or digital locks They usually have boxes of bad electronic locks
Comment from : sportclay1

Great video Think that's the real reason for banks pushback on cash
Comment from : James Underwood

It’s obvious the banks are working together, to get rid of physical cash or currency It’s not difficult to see what is going on and it is about bringing in CBDC and get people used to not using cash or currency by closing bank accounts and charging fees for depositing your own cash and withdrawing your own cash No to CBDC
Comment from : Malcolm Evans

I remember back in 2010 the Britannias were more expensive than American Silver Eagles Wild times for sure
Comment from : World Money Wins

Whats the name of this Coin Shop please?
Comment from : Jimi Hughes

We in the UK have to the same problems with cash There's a global war on cash to force people to use CBDCs and have a cashless system tied into digital ids It's one of the greatest evils of our time Say no to digital ids in any shape or form and no to CBDCs no matter how they try and entice and entrap youbrbrThis coin shop seller is very naïve It’s about total control of the financial system not just costs in terms of dollars and cents Agustín Carstens, to name one, while at BIS said so in a video Do some research for God’s sake
Comment from : psingh63

And Big Berkie water filters are being banned WTF is going on??? The Govt doesn't want you to have fresh water What could go wrong?
Comment from : Betty Hongstein

Consumer action regarding the fake safes: brSue the manufacturer and demand refund of the article sold as clearly and in violation of cunsumer rights they have sold the scrapmetal hunks under the pretense that they are safes which they clearly are not Therefore the contract is based on a malicious lie and fraudulent and requires refund and compensation for damages from the manufacturer… make those traitors go bankrupt as they deserve selling overpriced scrapmetalhunks…
Comment from : Martin Bayha

Liberty is the new Bud Light, or Target?brBanks ARE supposed to store MONEY; NOT fictional currency Your US Government IS directly to blame, by moving the frational reverse number to zerobrAll the reasons the bank gave Harry, is absolute BS
Comment from : Citizen GKar

It’s a industry standard and Every safe manufacturer has a back door code in case person dies and family does not know code to get in the safe
Comment from : Fargate01

Also with the touchpad combination like he has on his just like mine you can change the code and nobody has it but you The dial Safe which mine was when I bought it and I had it removed
Comment from : Doug Drummond

I have the same safe Weighs 4300 lbs he forgot to mention
Comment from : Doug Drummond

I've been quite unsure about investing in this current market and at the same time I feel it's the best time to get started on the market i was at a seminar and the host spoke about making over $972,000 within 3 Months with a capital of $200,000 I just need creative ideas to afford my retirement
Comment from : Perry Willis

It is ironic that the very banks that deal exclusively in fake fiat money (aka Federal Reserve Notes) are closing the accounts of those that deal in the only form of money that is expressly authorized by the US Constitution, which is gold and silver coin
Comment from : Cowboy Bill

It sure looks profitable to own a coin shopbr And they all love the thing you hate CASH 💸 !!!!!
Comment from : Daddy Silver Bucks

Thank Harry for rational explanation of an obvious thing: banks charging a percentage of handling piles of cash We forget that banks are employers as well and that extra work costs money over the standard depositor I, too, was upset on this unusual charges, but it makes sense!
Comment from : Cairpre Liffechair

I'm a glad there's coin shops, and a fan, but this is so funny, and that no one saw this coming?coin dealers know about coinsbut not about banks????it's common sense, this guy is clueless, like most all coin dealers are on what's happening now, you don't need to be a coin, or bank expert to get the hintdoesn't the fact of banks reducing work staff, and creating short cuts, to consolidate work load and what may be so time consuming?it's the day of automationthis happens in all businesses today! Not sure what may be an answer, but it might be a creation of a middle man entity of the sort, to make things flow easier for coin dealers, but you'll still have to pay for the flow either way!
Comment from : Ron Globe

Imagine being one of the poor schmucks who has been buying ASE's the past few years Many will be selling soon at a loss A real shame that happened, again
Comment from : Ok, Groomer

I would open accounts at multiple banks if they were sticking it to me for depositing too much
Comment from : KrombopM

Lets say it all together now "CBDC" is the end of cash" Stackers in the UK are already feeling this as a fact as their wire transfers to precious metal dealers are being refused by banks Banks telling you who you can spend your money with is not good for us citizens
Comment from : CritiqueThis Guns & More

Maro passs ve he
Comment from : Rabin Thapa

What would happen if people started storing cash out of circulation as a statement of support I dont want a cashless (paper and coin) society Using cash is more personable
Comment from : Madakalim

good insight
Comment from : matty McGee

reasonable insights
Comment from : Dave P

8:40 great perspective Harry Thanks for sharing I figured it was likely due profit margins and hassle for the bank However I do think it is bad publicity for the bank and it may hinder their business
Comment from : mercurialmagictrees

1:30 I really like the 1 1/2 oz coins nice animal designs and the thickness is cool
Comment from : mercurialmagictrees

His thoughts on coin shop banking makes sense and I would’ve never thought of that! And he’s correct in saying he agrees with the fee’s because the bank have to make something or it just doesn’t make sense for them to keep the accounts open
Comment from : TNN

Former VP of a medium bank here - $1,400 is not them passing the cost on to you That's them passing the cost of $300K - $1M+ (if they're citing armored car + cash counting) The tellers only handcount if it's under a certain amount, and regardless of if it isbtw that amount is well under $20K if you're wonderingit goes through at LEAST 2 cash machines It takes a cash counter less than 2-mins to count & validate $20K for counterfeit & appropriate amount So, TL;DR: They're making money off you MAYBE - and that's an extraordinarily strong "MAYBE," - $200 - $400 goes to cost $400 is on the "yeah not really but OK maybe one bank out there has stupid costs" side of things
Comment from : TexCen

Waiting to get your own money is mind blowing
Comment from : pkmblcknwht

Charging points on your money, just like Tony Montana in scarface😮
Comment from : Gerard Mazzocco

Would a safety deposit box work for coin stores?? Between depositing and withdrawingyour own cash might be better Then only deposit for company bills etc
Comment from : Charles Lilja

Libetty safes just commited suicide Go woke go broke baby
Comment from : NA

More, more, more!
Comment from : bschoenb

Yahoo you go boy
Comment from : jr witherrow

I work for a bank (east coast based, so not familiar with west coast banking regulations) and a lot of this information is factual Banks are "assessed" on how much cash they should have on hand every day Therefore, most banks don't have hundreds of thousands of dollars on hand at any given time That explains why Harry has to place an order for a large withdrawal And Harry's type of business is considered a "high risk" business which most likely factors in for the high fees I don't necessarily agree with that but it is the regulation Any transaction involving $10,000 in cash (deposit/withdrawal) requires a CTR (currency transaction report) Although every bank has their own regulation in which they do their own report, usually less than the CTR limit Harry is right, with the liability of employees and miscalculations of cash can cause an issue for banks so it does increase expenses, however the increased "armored car service" i find hard to believe unless it's a local/smaller bank
Comment from : Brian Errickson

Hey great video Dragon and thank you very much for giving the daily on the JUNK SILVER, SOVEREIGNS, ROUNDS AND BARS WE REALLY APPRECIATE THAT INFO ITS THE FIRST THING I THINK OF EVERY TIME YOU START A VIDEO AT HARRYS THANKS AGAIN FRIEND
Comment from : glockumollie

Great job keep it up
Comment from : PartyInTheUSA

WHO ON EARTH WOULD BE STUPID ENOUGH TO EVEN ENTERTAIN THE THOUGHT TO TRUST TODAY'S FBI LET ALONE TO VIOLATE ANY CUSTOMERS RIGHT TO UNLAWFUL SEARCH AND SIEZURE THE NEXT THING YOU WILL HEAR IS THE FBI SECURITY OF THOSE BACK DOOR NUMBERS WAS HACKED I WOULD NEVER DO BUSINESS WITH LIBERTY AFTER HEARING THAT ALSO YOU DIDN'T MENTION THEY ALL HAVE BACK DOOR COMBINATIONS WE NEED TO HAVE A PUBLIC REPORT ON WHICH COMPANIES VOLUNTARILY GAVE THE CROOKED FBI THE LISTS OF NUMBERS
Comment from : glockumollie

Would be great in your next video to give Harry’s Coin Shop contact information out to the viewers Example: business phone number and business email Would love to do some business with Harry, King Richard and the rest of the boys
Comment from : StaceyS

So as a former bank teller… the point about ordering cash and a wait of 3 days does make sense, in some regards You would think after obtaining this particular customer, you would ask for an increase of the back stock for cash from the feds Most people don’t know but the bank you go to, orders cash from the Fed’s and then also ships them cash when over their “suggested” reserves We would hand count 200k every week to ship out and receive 150k in other denominations like 5s, 10s coins for change whatever and ship out the excess notes But as a branch manager you would assume they would take into account their new customer and change their shipments accordingly
Comment from : Santa’s Goldfish

the bank has Harry by the short and curlies
Comment from : K Panda

That's so wrong I do my banking at 2 different banks and they use money counting machines for both bills and coins In the 1970's my father was on a volunteer fire department which had a festival ever June to raise money and back then they used a coin sorting machine and a bill counting machine which only gave you the count of bills Today's machines are so advanced that you put a collection of bills in and get a total and it also checks for counterfeit bills I think we all no what these banks are up to especially the big six We need a new system because you sure the bleep can't trust what we have now
Comment from : Mary Pflanzer

Banks are stealing money from business because they need to show some type of profit They will milk a customer dry! There is a fee for every thing you do at a bank! They want your business because they need your money to make money but they want to Milk everything from you! Think lawyer are bad, banks are just as worse
Comment from : Ricky Speakman

Harry is a class act
Comment from : Daniel Arenson

No more Liberty They're nothing better than a kitchen cabinet now
Comment from : Heather

I’d love to visit Harry’s coin shop
Comment from : Knxght

Damn you got a producer now? I thought I was watching Pawn Stars when it started Yankee better up his game and quick!
Comment from : michael grisafi

Nobody wants Eagles anymore
Comment from : Indivisibleman

Coin shop owners are not to be trusted They are not the friend of the stacker Banks are no ones friend as well Both entities will screw over the stacker if given the first opportunity Be careful
Comment from : Glen H

where is this guy at?
Comment from : Bethany Healy

Harry, howmuch do coin shops pay for dimes, quaters and half dollars Thanks jim80
Comment from : James Steffens

A warrant is a warrant
Comment from : Aaron Perez

You will be CBDC assimilated, resistance is futile ;-)
Comment from : William Branch

Wish I lived near Harry I’d definitely give him my business
Comment from : ohioerrn

Imagine that… Money in a bank! Imagine putting your money in the bank in a “savings”account, And they put a clause in there that if you don’t have enough money in your “savings” account they charge you a monthly fee of eight dollars and hope that you don’t see it Oh there’s way more to this topic!
Comment from : Philippe Sauvie

Inflation is far more harmful to individuals than a collapsing stock or property market because it directly affects people's cost of living, which they immediately feel It is not surprising that the current market sentiment is extremely pessimistic In today's economy, assistance is critical if we are to survive
Comment from : susan nicky

If its just because the banks are losing money Than why are the also closing there personal accounts and there familys accounts?
Comment from : Yikem

CBDC is all this is about
Comment from : Char char k

Would one option be for shops to hold more cash rather than depositing it all in the bank? (Be your own bank)
Comment from : Kris Childress

I’ve been a casual viewer for about a month now, but you can let Harry know that he earned you a subscription by doubting if only him and Brandon could carry an audience They can!
Comment from : Jeremy T

Rigged Bank Nation!!
Comment from : Mark Schneider

Yea, that's Harry, pretty straight up with no BS No conspiracy theories, just real life facts and down to earth opinions Almost time to go see him again for some fun coin shopping
Comment from : R D

Harry!! I always appreciate his POV he always comes from a logical, level headed, and well thought out place instead of escalating to the doom and gloom So refreshing
Comment from : Nicole H

I have a full roll of Mercury Dimes
Comment from : Calvin Cooper

Bitcoin!!!!!!!!!!!!!
Comment from : G D

The first time I heard of paying to deposit money was Scarface with Al Pacino Banks are looking at you sideways!
Comment from : Rocksolid64

What do yall think about holding silver or gold shot for shtf so u can use it to purchase smaller things bcuz 1oz will go up as things get bad A few pieces of shot for some bread and meat instead of iou from the remainder of an Oz
Comment from : Dustin Pribble

Yup liberty safe should be thrown out
Comment from : Darell simons

I'm pretty sure Harry can write off all those fees on his taxes at the end of the year Those fees are the cost of doing business brThanks for sharing 😀
Comment from : Dirt Diggin Dave

Canadian hear the Canadian mint is always bored we have so many 25, 10, and 5 cent coins with different design's its ridiculous
Comment from : moose tom

Harry is one of a kind giving an honest non-conspiracy opinion here I love these videos More Harry content please Actually as much as possible just shadow him for a week in his shop
Comment from : Cooking With Carp

PNC Bank closed all of my accounts in 2015 2 business accounts, a personal checking & a personal savings I had opened a used car lot in mid 2014 and had no idea how much cash that tax season buyers would bring in which I needed to deposit I now push customers to bring certified checks and have had zero issues since and FYI I use the same bank that Scott (the Ohio coin shop owner that had his closed) used Scott shared the bank with me personally but until he breaks his silence on the bank name I will respect his wish of keeping it hush hush
Comment from : rick smith

Oh, good -- another Harry's Coin Shop video! Almost out of Mercury Dimes -- hahaha! Someone must like them a lot! The information on the Liberty safes was interesting and highly disturbing Harry's take on why certain banks might be refusing to deal with coin shops was, as always, wise, intelligent, and sensible And a shout-out to Brandon for security!
Comment from : catherine yronwode

Gotta love the fractional banking system
Comment from : locolunch

Harry seems like a really nice down to earth guy I really like his crew of peeps If Harry was near me I think I would make him my dealer
Comment from : Rambo1776

We are in the cannabis industry and they charge us a 1 fee for all deposits!
Comment from : It’s a Doggy Dog World!

InterestingbrSmall name banks only carry like $200k in cash, so if 1 customer asks for $10k they don't want to have their cash supply threatened because they might not get another delivery for a month
Comment from : social3ngin33rin

Harry is a one man gang!brIt's great how you two can get together to educate and encourage others to be independent and responsible for ourselves
Comment from : Matt Talbot

I guess you could destroy the serial number on your safe, then there's no way to identify it
Comment from : Ted Richardson

So glad I live not far away from Harry's Coin Store I love the place!
Comment from : L L

Does he have his website set up already!?? I wanna buy from his shop! He is real as they come not many anymore !!!
Comment from : LAKB24

Cash is a compliance risk for banks, ie money laundering It's a risk-reward issue
Comment from : Charles Woldenberg

The Liberty Safe co has that backdoor code so that it can be reset if the owner loses the combo or the safe changes hands and the combo is not known I own a 2nd hand Liberty safe and the local Liberty Safe Rep came out and reset the combo to the factory default and I set it to my own after
Comment from : Scott Richardson

I love it when you visit Harry’s shop! Keep these videos coming 🇺🇸😊
Comment from : Angry American

Banks dont fkin care if you exist People misunderstand their place in the world so badly nowdays Its a bizarre form of narcissism where everyone seems to think they are far far more important than they really are
Comment from : cock mcballs

"Liberty Safe" does not make safes, they make RSCs (Residential Security Containers) They are overpriced tin boxes with a shiny coat of paint that can be broken into with an angle grinder Why people buy these RSCs when a real UL rated safe can often be had for comparable price is beyond me
Comment from : BA 117

What’s not covered is whether all safe manufacturers have a backdoor code If so, would they have passed it to the FBI, and what did the FBI use for the request - a warrant?
Comment from : Kristin B

i will remember this about Liberty All the FBI has to do is ask (with the proper paperwork) and I would open it, but what about the guys that all know the backdoor way in now? Those are who you want to protect yourself from And bank fees are just free money for them - very little expense for transfers, and zero cost to take money/cash
Comment from : Richard Hunter

When you said it was just with him 1 on 1 I was like I hope hes packing Then his buddy shows up next to him with an arm!!! Awesome!! Gotta stay safe!
Comment from : FreedomKat