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 Replies: 8 / Views: 1,772 |
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Pillar of the Community
United States
4333 Posts |
How does one determine that coin rolls are coming from the Federal Reserve, and not rolled locally by Brinks, Garda, etc? I've searched probably a quarter million in change in the last 5 years, this has me stumped.
Or, is "The Fed" just slang for machine-wrapped?
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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Pillar of the Community
United States
1770 Posts |
the word "fed" might be where the coins of course all originated from? I always wondered this myself actually arent the places where the armored cars get their coins from fed depots? I assumed once garda or whoever picks up bags of coin they all get dumped into large vats (maybe brinks own their own ? I dont think garda does ? ) good question fist I wonder if we will ever have a real answer to this
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Pillar of the Community
United States
2224 Posts |
I have found that "The Fed" is the term used by banks to describe where they get their cash orders from. In other words, an armored service.
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Pillar of the Community
United States
526 Posts |
No they come directly from the Fed.....
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Bedrock of the Community
United States
19935 Posts |
The Federal Resevere doesn't wrap coins, they are distributed in huge bags.
Lincoln Cent Lover!VERDI-CARE™ INVENTOR https://verdi.care/
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Pillar of the Community
United States
3345 Posts |
well when I say fed coins I mean machine wrapped. sorry if thats misleading
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Pillar of the Community
United States
716 Posts |
Fed used to wrap the coins in the 60's. I've seen half rolls from the 50's with one of the Fed's branch name on.
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Pillar of the Community
United States
959 Posts |
Quote:
The Federal Reserve doesn't wrap coins, they are distributed in huge bags.
The size of a standard pallet, or skid, inside a metal bin. They are then taken to the armored service facility, rolled and boxed. That is the way it was explained to me when I stopped at the local Brinks to inquire about buying coin directly from them a few years back. |
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Pillar of the Community
United States
713 Posts |
mfhorn: what happened when you inquired? did they let you buy direct?
Yinzi50: cool, i'd love to find some of those rolls...
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Replies: 8 / Views: 1,772 |
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Posted 08/24/2012 10:01 pm
