Coin Roll Hunting - Coin Transport

Discussion in 'Coin Roll Hunting' started by Histman, Jul 5, 2015.

  1. Histman

    Histman Too Many Coins, Not Enough Time!

    I am rolling over about $2000.00 a week in halves. Does anyone know whether the different coin transport companies (Brinks, Loomis, Garda) go to different places to drop off coins or do they go to the same processing places?
     
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  3. softmentor

    softmentor Well-Known Member

    they all go to the same central hub of the Federal Reserve in their area. For instance there is one in Los Angeles that services all of So Cal. All the transportation companies drop and pick up there.
     
  4. Histman

    Histman Too Many Coins, Not Enough Time!


    So why are there different wrappers and different boxes when delivered to the bank?
     
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  5. softmentor

    softmentor Well-Known Member

    Ah, I thought you asked about where they go to "drop off" meaning outside their own company. They also do consolidating themselves. They go to Fed Reserve when they need buy or sell more than they have.
    at least that is the way I understand it.
    for instance I just ordered Ike dollars and that did not come from the transport company, my local bank ordered them from the Los Angeles Federal Reserve and the transport co. delivered them.
     
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