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 Replies: 28,021 / Views: 2,318,774 |
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Pillar of the Community
United States
4113 Posts |
Besides CoinWrap Inc, does anyone know of other coin wrapping companies with contracts to wrap coins for the Federal Reserve Banks?
Edited by chuckster 125
01/07/2012 11:53 pm
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Valued Member
United States
155 Posts |
Jizer1, Smoke and I started with just one box a week at the bank next to our house. Then I'd get one from another bank. Then he ordered one from the bank his store does business with. Then it turned into two boxes per bank. Now we have a few branches that have a standard 2 box per week order and we order with other banks whenever the mood strikes. With that said, all of our standard orders are from the same bank, just different branches. We have the best luck with that bank in general.
I wanted to add that we just started roll searching in late March of 2011.
Edited by VACookey
01/07/2012 11:11 pm
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Pillar of the Community
United States
1770 Posts |
finally everyone my 8 box skunkers have come to close wheww hope that never happens again! box 1 - 2 40s 1 1982 proof box 2 - 2 90s 1 40 box 3 - 3 40s feels good to finally hit multiple boxes with keepers haha  till next week! |
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Valued Member
United States
82 Posts |
I am still too poor for boxes so I scavenge bank to bank. I went to a new city today hoping to find the elusive MOTHER LOAD. I went to the first of 7 banks on the list and they said they had $480 in half dollars. The teller mentioned their customers save up all year and turn them in at Christmas to buy gifts. "Actually this is a good time to ask", she mentioned. I scored 7 NIFC and a silver dime. By the way, the rest of the day all I heard was "Sorry, some guy came in earlier and took all we have." I can only assume it was one of your guys. Which one of ya was out stealing my silver? (Just kidding)
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New Member
United States
23 Posts |
Just finished the four boxes I picked up yesterday. Aside from the 2011P and two 1972S proofs, I was skunked on the first three. Started opening the fourth box and was thinking to myself how long it had been since I'd had an ender. I opened up the box and saw nothing- but when I flipped the box and dumped the rolls on the table, I had three very lustrous eagles looking at me. Could have stopped right there, because those three 68's were all that box gave me.
A couple of my banks are starting to get annoyed by my orders (4 boxes per bank per week for several months) and have mentioned either charging me or just not ordering anymore. I'm thinking of getting a business certificate here in MA ($60) so I can open a free business account and have unquestionably free coin ordering privileges. Any thoughts?
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Pillar of the Community
United States
809 Posts |
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Valued Member
United States
139 Posts |
Jbm5589, a business account only gives you credibility that you have a business purpose for your order. The bank still has the discretion to charge you or quit ordering for you. One reason banks don't like large change orders is because some smaller branches don't have enough room in the vault to store the boxes without all the tellers having access (each teller has their own vault separate from the main vault). Another reason is cost, if you are ordering a $1000 a week that is an extra $52k a year that the bank is charged for....it's not a ton but if your account with them isn't returning that in profitability then it doesn't make business sense for the bank to continue. As with a lot of things a good relationship with someone there can go a long way towards overcoming what the bank believes to be waste of it's resources.
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New Member
United States
46 Posts |
The lady at my pick up bank told me they pay one flat rate for the delivery and service side of things no matter how much they order or go through.
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Rest in Peace
United States
9104 Posts |
 , jdbeier38 and Jdot! Also remember that banks have virtually no demand for halves except by searchers. |
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Valued Member
United States
130 Posts |
I have a commercial account and my bank is telling me that they are going to start charging me $7.50 per box. I cancelled my order with them. Still getting them from another bank without any fees. I will probably switch my accounts too.
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Valued Member
United States
109 Posts |
My bank makes me order them in chunks of $1000. Anyone else have that requirement?
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Pillar of the Community
United States
864 Posts |
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Pillar of the Community
United States
830 Posts |
Just finished up 9 more boxes. found 7, 90% 1 Kennedy & 6 Benjamin's 18, 40% 2 proofs not shown 2 1987 not shown and 1 1925 Stone mountain commemorative  My pacemaker kicked in when I found this one.    |
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Valued Member
United States
139 Posts |
I am liking the '25 stone mtn, nice find trapper!
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Pillar of the Community
United States
580 Posts |
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Replies: 28,021 / Views: 2,318,774 |
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Posted 01/07/2012 11:08 pm
