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Where Do I Get A $50 Bag Of Pennies

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eric273's Avatar
United States
289 Posts
 Posted 04/26/2011  04:04 am Show Profile   Bookmark this topic Add eric273 to your friends list Get a Link to this Message Number of Subscribers
TD
HSBC
Hudson City Savings
Palisades Federal Credit Union
Provident
Key
Citi bank
All said they have never heard of such a thing. Can I call brinks directly?
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Rsxtacee's Avatar
United States
737 Posts
 Posted 04/26/2011  04:32 am  Show Profile   Bookmark this reply Add Rsxtacee to your friends list Get a Link to this Reply
bags or boxes?
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eric273's Avatar
United States
289 Posts
 Posted 04/26/2011  04:33 am  Show Profile   Bookmark this reply Add eric273 to your friends list Get a Link to this Reply
No I want 1 bag
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Rsxtacee's Avatar
United States
737 Posts
 Posted 04/26/2011  04:35 am  Show Profile   Bookmark this reply Add Rsxtacee to your friends list Get a Link to this Reply
Ah okay. Just saw the red bag you were talking about that holds $50 dollars. I've honestly never seen one or heard of one till now when I googled it. Any particular reason you would want the bag over 2 boxes of pennies? I'm sure someone will chime in.
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eric273's Avatar
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289 Posts
 Posted 04/26/2011  04:43 am  Show Profile   Bookmark this reply Add eric273 to your friends list Get a Link to this Reply
I don't know I like variety, LOL I never get any good stuff from the no Brand Boxes and the only place that has brinks boxes near me is CITIBANK and the brinks boxes they have are all filled with 2010 S



Just kidding.

But they are all filled with 2010p's and I don't need all 1 year (Though I did take a few rolls) To hunt for older coins. I thought mabie a bag would be less of a waste of paper lol
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pyrbob's Avatar
United States
1943 Posts
 Posted 04/26/2011  06:19 am  Show Profile   Bookmark this reply Add pyrbob to your friends list Get a Link to this Reply
The mint stopped sending out cents in $50 bags years ago. They now send coins out in large bulk tubs and the company that receives them (Brinks, Dunbar, ect) rolls the coins and puts them in the boxes you get from the bank. That is why the banks have no idea what you are talking about. Older sealed and unsealed bags can be bought from dealers who will charge the price of 100 BU rolls for whichever date is in the bag plus a premium if the bag is sealed.
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eric273's Avatar
United States
289 Posts
 Posted 04/26/2011  06:35 am  Show Profile   Bookmark this reply Add eric273 to your friends list Get a Link to this Reply
I don't want a pure date I want like mixed from like a coin counter
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Maineman750's Avatar
United States
3592 Posts
 Posted 04/26/2011  06:55 am  Show Profile   Bookmark this reply Add Maineman750 to your friends list Get a Link to this Reply
I get mine from the credit union counter..I have a standing order of 1 bag per week and they also call me when they have extra.
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eric273's Avatar
United States
289 Posts
 Posted 04/26/2011  08:17 am  Show Profile   Bookmark this reply Add eric273 to your friends list Get a Link to this Reply
I went to all 13 of my banks near me (5 had Coin counter) THey all Said NO THEY GET PICKED UP RIGHT AFTER
Bedrock of the Community
United States
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 Posted 04/26/2011  09:47 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
In the past I've found many banks have those in their vaults. They are there for coin shortage purposes and not for individual customers. This could well be why your told they don't have them. A few banks by me sell me those $50 bags but really don't like to and sometimes tell me I shouldn't ask for those again since they are for banking purposes only. Many banks that have coin counting machines dump coins from them into those heavy duty bags and put them into their vaults. If and when the quantity gets excessive, they just send to either the Federal Researve, Brinks, other such places. Some banks keep such bulk quantities for buisnesses that require coinage uaages. Such as Laundromats, arcades, etc. but you must have such buisness proof for those.
In some banks the tellers are told to say they don't have them since getting them would mean to stop their normal work, hold up line of customers, lock up their station, usually require a guard to help with the weight, go to a vault and open it for just that. Then take them back to their station, unlock everything and all for someone that just wants to look for coins they need for a collection. In the meantime there are a lot of really now irritated customers standing in line that just want to get in and out.
At one bank I go to frequently a teller that used to get me such bags and even rolls of halves told me since Bank of America bought them out, new rules apply to averyone, regardless of who they are. No stopping for someone that needs something from the vault unless they want to pay for that service.
Many banks now are well aware of all the coin searchers and just don't want the expense to help them. This is due to all the requests for bags of coins. boxes of coins, rolls of coins, etc. And also, the latest fad of returning short rolls to the banks.
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coppercoins's Avatar
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7629 Posts
 Posted 04/26/2011  1:15 pm  Show Profile   Bookmark this reply Add coppercoins to your friends list Get a Link to this Reply
Cents haven't been bagged in $50 quantities since 2001. All institutions are switching over to boxes.
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timsumrall's Avatar
United States
1256 Posts
 Posted 04/26/2011  1:56 pm  Show Profile   Bookmark this reply Add timsumrall to your friends list Get a Link to this Reply
Eric, I think what you want is a nice mix of coins to look through. Boxes will give you that...sometimes. Sometimes it's pure date. Right now around here I'm getting pure 2011D. But after while it will switch back over to mixed and by mix I mean, wheats, copper, Canadians and everything in between.

Try asking for customer wrapped. Harder to buy in bulk but $10-$20 is not that hard to find. They will be mixed.

Try getting away from metro areas. Find a bank where there's not a lot of commerce and maybe less flood of new pennies.


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632 Posts
 Posted 04/26/2011  3:45 pm  Show Profile   Bookmark this reply Add willy13 to your friends list Get a Link to this Reply
The banks I deal with also don't have $50 bags. I asked after I read some people where getting them on hear. I really don't care but thought I would try....
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Neil's Avatar
555 Posts
 Posted 04/26/2011  6:42 pm  Show Profile   Bookmark this reply Add Neil to your friends list Get a Link to this Reply
Brinks won't give you the time of day even if you offer to pay them.
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eric273's Avatar
United States
289 Posts
 Posted 04/26/2011  7:39 pm  Show Profile   Bookmark this reply Add eric273 to your friends list Get a Link to this Reply
I just dont ever get anything out of the boxes in my area EVEN THOUGH they are mixed
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Maineman750's Avatar
United States
3592 Posts
 Posted 04/26/2011  8:07 pm  Show Profile   Bookmark this reply Add Maineman750 to your friends list Get a Link to this Reply

Quote:
Cents haven't been bagged in $50 quantities since 2001


Afraid that is not true...coin counting machines still bag em in $50 bags...I've gone through fiftty of them in the last 6 months
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