Bank Limits On Penny Boxes?

I can remember a half-dozen times when banks have had a shortage of cents, but not within the last ten years or so. I've had one bank take Canadian cents when their face was 90% of USD, another time I dumped a couple ammo cans of loose cents on one. I've seen them buy cents at 55¢ a roll, and heard of as high at 75¢ elsewhere.

If we have another similar shortage, you better be a retail business if they lose $2.50 a box on every one they provide.

The most I got was 16 boxes at one time. If you can convince the banks to let you have the bags off of the counting machine, you may able to have better luck. Most small banks around here do not have enough space to order large amount of boxes to keep in a small locked cabinet inside the vault. So they usually have just enough for normal business. I will at times drive around to different branches to pick up one box from each bank.

Thanks for all the feedback. I figure I'm going to request 2-4 boxes and gradually increase and see how that works for me.

I did not realize Banks would sell you the penny bags from the counter machines. I'll have to check that out. Any type of feedback on the Bags VS Boxes as far as copper and wheats go?

Penny Man: Wow, 20 boxes, I'm just trying to think the logistics of this. Do you bring in a suit case type thing to take the boxes out or just make a bunch of trips back and forth?

Thanks again for the help. I just got my rydale counter yesterday

I just started and have been getting a box here and there. Now I'm going to be looking to get much more, hence the initial post.

I'm doing it for the copper. I've been pulling out the wheats as I've been doing it by hand, but I figure with the machine I'll just let it sort the copper and leave it at that.

I have found in about 9 boxes so far (3) in the teens and (1) 1908 Indian Head.

No real metal premium, but lots of people are having a hard time getting new coins. Sell them here or on ebay.

i pickup $100 of pennies every week. the tellers order them for me. as for returning the pennies, I reroll and exchange for next $100. have been averaging one wheat per roll. find alot of canadian cents and dimes. most of the rolls have 3 to 5 extra pennies. lately have been running into alot of AU wheats and larege amounts of teens. hope this helps

Well, I went from bank to bank, one box at a time. Eventually I collected 6 new mint boxes:( I walked into a main boa branch and asked them if I could trade all 6 mint for 6 old and they said yes. So 6.