I have been trying to get new Federal Reserve uncirculated coinage form banks. Most tellers don't know what I am talking about, and supervisors know not much more. Can you order this coinage, how can I get my hands on some 1 cent, 5 cent, 10 cent, 25 cent, etc. from the Federal Reserve?
From a Federal Reserve Bank FAQ "Can I obtain specific coins and currency from a Federal Reserve Bank? The Federal Reserve Banks only provide coin and paper currency directly to depository institutions. You may call the depository institution you bank with to see if they will honor your request when they order currency or coin."
Also from same source as my post above: "How are coins and currency put into circulation? Coins and currency are placed into circulation through depository institutions, which obtain coins and currency from their Reserve Banks. The Federal Reserve, the Bureau of Engraving and Printing (BEP), and the U.S. Mint do not provide coins and currency directly to the public for circulation."
I agree. It has been very difficult to get some new cents from any bank I deal with. Like the OP said, most of them doint even know what you are talking about when you ask about a 2010 cent
In my community, acquiring new stuff is a challenge. However, for a gal that likes old canvas bags, our area does pretty good. Our local banks use a courier service. A lot of the coins appear to just get transported from one county to another. I sort of like this when it comes to searching out older nickels. For the new stuff, I have to go directly to the USMINT, and pay the premium. I order very little from the USMINT. I like the new coins of course - especially the pennies. I think the pennies rate hands down over the state quarters. Enough of my ramblings.
Also, other than the latest President dollar release, banks can not specifically order new coins or specific dates. They can order by denomination, but they will get whatever the local Federal Reserve bank happens to have on hand. And the Fed fills orders with circulated coins first, then new coin only if they run out of circulated. Since due to the economy there has been a TON of cashed in coin hoards there is a glut of circulated coin in the Fed banks. That is why new coins have been so slow to make their appearance.
