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Ike Large Dollar Coin Bags From Cash Vault

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Pillar of the Community
United States
509 Posts
 Posted 06/12/2015  5:52 pm  Show Profile   Bookmark this reply Add CLS12 to your friends list
How many bags did it take to produce those?
Pillar of the Community
United States
4963 Posts
 Posted 06/12/2015  6:18 pm  Show Profile   Bookmark this reply Add Numisma to your friends list
Thank you. What exactly is a Custodial Institute?
Pillar of the Community
United States
1804 Posts
 Posted 06/12/2015  6:37 pm  Show Profile   Bookmark this reply Add Domain555 to your friends list

Quote:
Thank you. What exactly is a Custodial Institute?



Generally speaking Armored car companies.

Pillar of the Community
United States
858 Posts
 Posted 06/12/2015  7:36 pm  Show Profile   Bookmark this reply Add Silver Eagle to your friends list
It's actually custodial inventory. This is where some banks hold currency on behalf of the FED. You are thinking of a 'coin terminal', where some armored carriers hold and distribute an inventory of coin on behalf of the FED.
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 Posted 06/12/2015  7:40 pm  Show Profile   Bookmark this reply Add SilverStackerKid to your friends list
Do the feds ikes have silver dollars in them too?
Pillar of the Community
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 Posted 06/13/2015  09:41 am  Show Profile   Bookmark this reply Add Domain555 to your friends list

Quote:
Do the feds ikes have silver dollars in them too?


At the risk of posting the same PICs, I found theses and others in $1,000 IKE bags. From my poor memory 5 of these came in my second bag. Hog heaven city.

Maybe another ASE and another Peace came in the third (or fourth) bag to round out the 7 coins showing.

I was shut down after 7 bags

Ike-Large-Dollar-Coin-Bags-From-Cash-Vault


I am fairly sure this bag was number 2. Full of holes. My advise is when (if) you ever get a shot at a $1,000 bag, do not sweat the holes.

Ike-Large-Dollar-Coin-Bags-From-Cash-Vault
Pillar of the Community
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 Posted 06/13/2015  11:51 am  Show Profile   Bookmark this reply Add Domain555 to your friends list
@ CLS 12


Quote:
How many bags did it take to produce those?


I was only able to get seven $1,000 FED Bags.

The coins shown (from my poor memory) were in the first few bags.

I keep the AG stuff show, but I do sell a few IKEs. Best sale in IKEs so far, is one peg leg.
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 Posted 09/21/2015  08:57 am  Show Profile   Bookmark this reply Add Mr Click to your friends list
@Domain555

I'm in again. My bank has ordered me (2) $1000 bags of Ike dollars That will bring my total to 3 bags, only 4 bags behind you. I hope I get some old silver!!
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 Posted 09/21/2015  3:38 pm  Show Profile   Bookmark this reply Add Domain555 to your friends list
@Mr Click


Quote:
@Domain555

I'm in again. My bank has ordered me (2) $1000 bags of Ike dollars That will bring my total to 3 bags, only 4 bags behind you. I hope I get some old silver!!


You will get silver

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 Posted 09/21/2015  5:11 pm  Show Profile   Bookmark this reply Add jbuck to your friends list
Positive attitude or wishful thinking?

Staying tuned for results!
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 Posted 09/21/2015  5:14 pm  Show Profile   Bookmark this reply Add OspreyCoins to your friends list
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 Posted 09/21/2015  8:53 pm  Show Profile   Bookmark this reply Add skibdib to your friends list
good luck on the bags! makes me want to try :-)
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 Posted 09/23/2015  09:06 am  Show Profile   Bookmark this reply Add Domain555 to your friends list
Jbuck


Quote:
Positive attitude or wishful thinking?



A little of both, along with some of my past good results

Keep in mind that there are other coins in the bag worth about the same as a cull Morgan, or cull Peace dollar.

I did sell one PEGLEG for $32.90

Only from my poor memory it was a 1972 (P) Type (1) Condition about AU

Believe that IKE came in my 5th or 6th bag
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 Posted 09/23/2015  11:46 am  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
A little of both, along with some of my past good results
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 Posted 09/23/2015  1:21 pm  Show Profile   Bookmark this reply Add shadz to your friends list
I just learned something from the FRB. All bills have to be ordered by banks from them. Ergo ALL banks have an account with one of the FRBs. Ergo ALL banks can order bags of Ikes from the FRBs. They probably are looking for them as coins on the coin order forms from Gardis, Loomis, Brinks, etc; and NOT looking for the Large Dollar Bags from the FRB ordering system when they try to get bills.

I am going to try to get a bag next month at my bank. If anyone finds this info useful and wants to try to get a bag of Large Dollar coins ordered from their bank, feel free, and good luck. Just don't take them all before I can get 1 bag.
Edited by shadz
09/23/2015 1:26 pm
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