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Posted 08/17/2018 12:01 pm
I am on the west coast and while I don't routinely search rolls, I have had very few 2017 or 2018 coins of any form or grade show up in change. Oddly enough, over the last two months, I have received a bunch of brand new MS grade loons, quarters and nickels dated 2016 recently and from a number of different vendors in the region. It looks like a bank just issued an stack of older unreleased coins.
As I understand it, banks treat rolled coins as their product for sale and since coins are not perishable unlike milk in the local grocery, there is no reason to date circulate their stock. They will go to the closest pallet in the vault when the front desk runs out of stock and that has little to do with when the pallet is received.
As I understand it, banks treat rolled coins as their product for sale and since coins are not perishable unlike milk in the local grocery, there is no reason to date circulate their stock. They will go to the closest pallet in the vault when the front desk runs out of stock and that has little to do with when the pallet is received.
