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Replies: 13 / Views: 1,193 |
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Valued Member
United States
372 Posts |
When a Set of New Coin's are Released. Example a Jefferson nickel Series ( P-Mint and D- Mint Box Set of 2 Roll's ) One of Each, Which Facility does the Packaging or is it Contracted Out and the Receiving Facility receive's the Ballistic Bag's to roll the coin's, same thing but who assemble the Packaging Proof Set .goldnugget
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Forum Dad
 United States
24150 Posts |
Not sure, we'll have to see if someone else knows.
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Moderator
 United States
187702 Posts |
It is a good question.  I always assumed that the proof coins and sets were packaged into the OGP holders where they were minted, then sent to the fulfillment center for final packaging. As for the uncirculated sets, which have Denver and Philly coins, I assumed they were packed at the respective mint, then sent to the fulfillment where they put them together in the boxes. I look forward to seeing how right or wrong my assumptions are. 
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Pillar of the Community
United States
2270 Posts |
Quote: I always assumed that the proof coins and sets were packaged into the OGP holders where they were minted, then sent to the fulfillment center for final packaging. As for the uncirculated sets, which have Denver and Philly coins, I assumed they were packed at the respective mint, then sent to the fulfillment where they put them together in the boxes. I believe this has been true for mint sets since at least 1968. I'm more sure it was true in the '80's and '90's.
Time don't fly, it bounds and leaps.
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Moderator
 United States
187702 Posts |
Quote: I believe this has been true for mint sets since at least 1968. I'm more sure it was true in the '80's and '90's. I hoped you would see this and comment. Thank you! 
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Pillar of the Community
 United States
6464 Posts |
I have a hard time imagining that uncirculated samples and especially proof coins are subjected to Ballistic Bags of any size.
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Pillar of the Community
 United States
7174 Posts |
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Moderator
 United States
187702 Posts |
Quote:I have a hard time imagining that uncirculated samples and especially proof coins are subjected to Ballistic Bags of any size. They are not.  Also, uncirculated coins sold in the annual Mint Sets are minted separately from coins minted for circulation—which includes anything sold in bags and rolls. The Uncirculated Mint Set coins are struck at higher pressure and lower speed, and are handled more delicately than the business strikes.
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Moderator
 United States
94992 Posts |
I would agree with jbuck, that each set is assembled at each mint then sent to a central location for packaging of 'complete' sets then mailed out.
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Pillar of the Community
United States
2608 Posts |
If the OP is referring to circulating coins, then this article from the Mint should answer your question. Quote: The Mint and the Federal Reserve work together to get coins into circulation following the process below.
1. Federal Reserve submits coin orders to the Mint. The Federal Reserve comes up with a 12-month rolling forecast to guide the Mint. It also submits monthly coin orders.
2. Mint determines production numbers. The Mint uses the forecast and coin orders to set the production numbers for each denomination. It also considers long-term demand by the public and seasonal trends that require more coins in circulation at certain times of the year, such as holidays.
3. Mint makes the coins. The Mint makes the new pennies, nickels, dimes, and quarters for circulation. Learn about that process in part two of this series.
4. Mint transports the coins to the Federal Reserve Banks. Armored cars and trucks take the coins from the Philadelphia or Denver Mint facilities to the Reserve Banks' 28 branch offices and more than 100 private sector coin terminals. The coin terminals are operated by armored carrier services contracted by the Federal Reserve.
5. Federal Reserve Banks distribute to depository institutions. The Reserve Banks' depository institutions place orders for coins. The armored carriers transport the coins from the coin terminals to the depository institutions.
6. The coins enter circulation and cycle between banks, businesses, and people. The depository institutions place the new coins in circulation by exchanging them with their customers, both businesses and individuals. They also give the coins to other banks that aren't depository institutions with the Reserve Banks.
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Moderator
 United States
187702 Posts |
Quote: If the OP is referring to circulating coins, then this article from the Mint should answer your question. The OP is asking about sets, but this is good information to have. 
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Moderator
 United States
94992 Posts |
Thanks College for that additional information 
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Valued Member
 United States
372 Posts |
I am still Curious about how the coins get Distributed for the ( Boxed ) 2 Roll sets of P and D Mint Is there a Special Facility
What Facility Box 2 Coin set's only and how do the P - Mint and D- Mint Coins get there
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Pillar of the Community
United States
2023 Posts |
This doesn't have all the details you're looking for but it does fill some gaps: A couple of years ago, "The U.S. Mint issued a request for information Feb. 2 seeking potential vendors interested in a substantially lucrative, multi-year contract to handle the bureau's order fulfillment, website and customer service call center. The 10-year $599 million contract awarded to the current vendor, PSFweb — headquartered in Allen, Texas — in 2013 will soon expire, and the bureau expects to award a new contract before the end of calendar year 2022." -- https://www.coinworld.com/news/us-c...-fulfillmentAt that time, "The e-commerce giant PSFweb currently handles the Mint's customer service call center and manages the website from Plano, Texas, outside of Dallas. PSFWeb's order fulfillment complex from which U.S. Mint numismatic products are shipped to fill orders from Mint customers is located in Memphis, Tennessee." The US Mint is still listed among PSFWeb's client's, so I presume their contract was renewed. -- https://www.pfscommerce.com/about/clients/How they get to the fulfillment center? That's not listed anywhere I found. Probably the same way anyone else does it -- produce and package at the Mint, send to the fulfillment center for them to handle things from there. Just for fun, this page gives the details for what happens to things that /don't/ sell. Short version: They're sent by armored carrier back to Mint facilities based on metal content. It's safe to assume "armored carrier" is also how the Mint delivers to the fulfillment center. -- https://www.coinworld.com/news/us-c...-mint-p.html
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Replies: 13 / Views: 1,193 |
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