Circulation question

[47thelement]

I currently purchase halves in one federal reserve district and dump in another. I am buying from one banking institution and dumping with another banking institution. I do believe they use the same armored car service. Do you think it's possible I'm getting my dumps back within a week? I'm driving about 80 miles to dump! I'm on a skunk run of over 12 straight boxes. The longest in 3 years but I'm also hunting about 10 boxes per week.

Any thoughts?

 

[Diver_Down]

I'm 100% certain you are not getting your coins back. What is likely happening is the competition is dumping in your pickup district. Mix up your routine. If you pick up on a Thursday, try picking up on Tuesday. If you search 10K, increase if you can. Your competition is likely on a routine as well.

 

[65gt350]

My scenario is not the same since I only have 1 district to pull from but I have gotten my dumps within 1 week from banks using the same courier. It doesn't happen very often (once every two years) but it has happened.

HH,
65GT350

 

[Yinzi50]

No, I don't think you can exhaust one FR district so coins from neighboring district get shipped over. It just two much competition everywhere. Everyone and his brother and sister are ordering boxes, checking teller's trays, or doing road trip.

 

[65gt350]

No, I don't think you can exhaust one FR district so coins from neighboring district get shipped over. It just two much competition everywhere. Everyone and his brother and sister are ordering boxes, checking teller's trays, or doing road trip.

I think the issue is that the courier is the same. The courier is probably also counting and rolling for both banks so that the coins never get shipped back to the FED.

HH,
65GT350

 

[47thelement]

Ok here's the plan...

With apologies to the silver gods I will be marking coins for the first time.

One bag will be marked out of the ten I will be dumping on Saturday.

Sorry folks I said I never do it but I've never gone 15 (now) skunks in a row.

 

[Diver_Down]

And by marking coins, you'll prove what? If you get your marks back, are you not going to search the box anyway? So why bother?

 

[47thelement]

It will prove that my driving 80 miles each way to dump is waste of gas.

Time for another dump strategy.

 

[Diver_Down]

No, I don't think you can exhaust one FR district so coins from neighboring district get shipped over. It just two much competition everywhere. Everyone and his brother and sister are ordering boxes, checking teller's trays, or doing road trip.

I think the issue is that the courier is the same. The courier is probably also counting and rolling for both banks so that the coins never get shipped back to the FED.

HH,
65GT350

In populated regions, the couriers have service districts within the Fed district. The couriers operate autonomously from other (same courier co.) in a different service district. One doesn't have to move the coin out of a Fed district. Just move the coin out of a service district.

 

[Yinzi50]

No, I don't think you can exhaust one FR district so coins from neighboring district get shipped over. It just two much competition everywhere. Everyone and his brother and sister are ordering boxes, checking teller's trays, or doing road trip.

I think the issue is that the courier is the same. The courier is probably also counting and rolling for both banks so that the coins never get shipped back to the FED.

HH,
65GT350

My understanding is that the courier is just the tail, the dog is the Fed/ordering bank. For example, if you are getting coins from bank A by Courier L inside district M, it means bank A submits an ordering form to district M, district M tells Courier L where to get the boxes, or get bagged coins and roll and box them to deliver to bank A. These boxes/coins could be already stored at Courier L's warehouse, or could be at Fed's storage, or could be at another Courier's warehouse close-by. Ther is no money transfer between the ordering bank and Courier. The monewas transferred between Fed and ordering bank. The courier only keep/deliver the actual money but doesn't own the money. The money can only be owned by the Fed or the ordering bank. So even you have two Loomis warehouses bordering each other but belong to different districts, they can not swap money. This is just my theory and need verified by visiting one of the 25 Fed branches.

There is another situation needed consideration. Some big a$$ banks like Chase/BofA have their own regional main storage facilities. They do their own sorting/wrapping inside and distribution to other branches. When you order coins from their branches, the order goes to their main storage facility. When one of their storage place runs out of halves, do they order more from Fed or just ship around from their facilities located in a different district?