finding boxes of new quarters from the fed
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Thread: finding boxes of new quarters from the fed

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  1. #1
    us
    Aug 2012
    Massachusetts
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    finding boxes of new quarters from the fed

    I keep hearing about people who go to their banks and ask for boxes or rolls of quarters that just came from the fed or mint and yet every bank I have asked that they tell me that they either don't know or get all their coins from the couriers such as Loomis.
    Everything I have seen is a courier wrap.

    Does the fed distribute the coins to the couriers who then wrap them or do they distribute to the banks?
    A2coins and Megalodon like this.
    Ferengi Rules of Acquisition

    #59 "Free advice is seldom cheap"

    #92 "Never confuse wisdom with luck"

    2019 Totals: Halves: 6 40% 4 90%, Dimes: 23, Quarters: 0

    2019 GOAL: 300 silver Currently 33/300

    Boxes searched: Halves boxes 8, bags 0, CWR 0, loose 0 : Dimes boxes 0, bags 1, BWR 0, CWR 0 : Quarters boxes 1, bags 2, CWR 0

    MILES Driven 125

  2. #2
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    us
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    I wish I knew. I once in my life got a brand new box of dimes from a bank. That was at least 5 years ago. All the ones I get are mixed quarters.
    Megalodon and A2coins like this.

  3. #3
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    Dec 2012
    port ewen ny
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    bet the WP, Denver & Philly mint facilities have lines of courier trucks waiting to pick up and truck the bags of coins to their facility for rolling & the Boston FRB is the same for paper notes. the Fed is an admin that just sits & watches-- what say Enamel & others
    A2coins likes this.

  4. #4
    us
    May 2018
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    Quote Originally Posted by smokeythecat View Post
    I wish I knew. I once in my life got a brand new box of dimes from a bank. That was at least 5 years ago. All the ones I get are mixed quarters.
    Same here. I got two boxes of new dimes last year. I've quit dimes. My quarter boxes are also mixed.
    A2coins likes this.
    "Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passions, they cannot alter the state of facts and evidence." - John Adams

  5. #5
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    Diggin'

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    None of the banks in my area will sell boxes of any coins. They say it's cheaper on them to roll their own - the teller's eyes did look a bit glassy.

    So I asked them what do they do when a business comes in for quarters and dollars for their change machines... instant blank face!

    I have been with my bank since the age of 12, a VERY long time, and they wouldn't budge, so... I went to each of the nine tellers and got 5 rolls of quarters from each of them. By the time I got to the fourth teller, all the tellers were getting their coin rolls ready for me.

    I did the same thing with pennies, nickels, and dimes at other banks.

    All-in-all I had very few new coins compared to the amount I got.
    -DH-
    A2coins and port ewen ace like this.
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  6. #6

    Sep 2012
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  7. #7
    us
    Aug 2012
    Massachusetts
    Whites, Garrett
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    The Coin Depots sound like armored car companies, Loomis etc. So it is a matter of luck when you buy a sealed box of quarters what you will get. I always ask if they have new rolls and they say they can't tell and don't want to check each roll they have
    Megalodon and A2coins like this.
    Ferengi Rules of Acquisition

    #59 "Free advice is seldom cheap"

    #92 "Never confuse wisdom with luck"

    2019 Totals: Halves: 6 40% 4 90%, Dimes: 23, Quarters: 0

    2019 GOAL: 300 silver Currently 33/300

    Boxes searched: Halves boxes 8, bags 0, CWR 0, loose 0 : Dimes boxes 0, bags 1, BWR 0, CWR 0 : Quarters boxes 1, bags 2, CWR 0

    MILES Driven 125

  8. #8
    us
    Oct 2013
    Whites DFX, coinmaster Gt Pro
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    In my area coin are always wrapped by the couriers. Sealed in boxes and it's a surprise what's inside. Last year I had 18 boxes of new 2018 half dollars, but not a single 2019 quarter, dime or penny box... I was trying to search some 2019 quarters for the west point mark but could never find new quarters.

    I believe all coin is distributed to couriers and rolled at the facility to distribute to banks
    CRH 2019 silver to date 75.3591 oz

  9. #9
    us
    Mar 2015
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    I was at one of my banks yesterday getting pennies.(all I can afford). Spotted a bag of shiny quarters on the back counter. The bag had the bank logo on it?

  10. #10

    May 2017
    Garrett AT Pro
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    Metal Detecting
    Quote Originally Posted by No gold in NY View Post
    I was at one of my banks yesterday getting pennies.(all I can afford). Spotted a bag of shiny quarters on the back counter. The bag had the bank logo on it?
    I’m guessing the bag of shiny quarters came off of their coin counting machine. Quarter bags like this are usually “full” and pulled off the machine when they have $1000, which is 50 Lb (assuming all clad quarters).
    port ewen ace likes this.

 

 

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