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Does the Boston Federal Reserve roll coins?
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<p>[QUOTE="gatzdon, post: 342499, member: 8247"]I'll second that.</p><p><br /></p><p>In general, the Federal Reserve no longer deals in coins. It's is almost 100% contracted out (I don't want to say 100%, because I see many operating differences between FRB districts and I onlly know about my district). The Federal Reserve contracts to depository institutions to handle coin handling, storage, and recirculation. The clear plastic wrap is mostly Brinks (as for the box and you will most likely see a Brink's self promo for their "patented" clear plastic wrap). CWI is by far the largest contractor for actual coin wrapping and boxing.</p><p><br /></p><p>The FRB also claims to separate out "uncurrent", foreign, and excessively worn coins. They've sent me that canned response so many times it's actually pathetic. I personally have seen plenty of evidence of them not even sorting/verifying coins sent in, let alone do any type of sorting. Just pop over to the thread on coin roll hunting and most there will tell you the same thing.[/QUOTE]</p><p><br /></p>
[QUOTE="gatzdon, post: 342499, member: 8247"]I'll second that. In general, the Federal Reserve no longer deals in coins. It's is almost 100% contracted out (I don't want to say 100%, because I see many operating differences between FRB districts and I onlly know about my district). The Federal Reserve contracts to depository institutions to handle coin handling, storage, and recirculation. The clear plastic wrap is mostly Brinks (as for the box and you will most likely see a Brink's self promo for their "patented" clear plastic wrap). CWI is by far the largest contractor for actual coin wrapping and boxing. The FRB also claims to separate out "uncurrent", foreign, and excessively worn coins. They've sent me that canned response so many times it's actually pathetic. I personally have seen plenty of evidence of them not even sorting/verifying coins sent in, let alone do any type of sorting. Just pop over to the thread on coin roll hunting and most there will tell you the same thing.[/QUOTE]
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Does the Boston Federal Reserve roll coins?
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