HAS ANYBODY TRIED GETTING COINS FROM LOOMIS/BRINKS?

Discussion in 'Coin Roll Hunting' started by DatDareNickelGuy, Feb 27, 2021.

  1. DatDareNickelGuy

    DatDareNickelGuy Well-Known Member

    Ok.... Now I've read on some older threads about this topic. I don't see a clear answer. Some say yes and they have to pay a bag fee (which I'm fine with) and some say no you have to have a commercial account.

    I bring this up because my boxes have drastically been cut. I used to average 12-15 boxes a week.

    I just got a call from my credit bank saying they can no longer order me boxes.

    Now I'm down to 4-5 boxes a week from Chase.

    And at this rate its going to take me 3 years to try to get that 500+ Nickel thread complete!

    So has anybody successfully got coins from Brinks/Loomis?

    There's a Brinks and a Loomis here in San Antonio and I'm thinking about calling them this week and see If I can get 5 bags of nickels that equals 10 boxes of nickels at $200 a bag.

    Or maybe head downtown to the federal bank and see if they will order me 10 boxes :(
     
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  3. NOS

    NOS Former Coin Hoarder

    Brinks and Loomis will be in secured buildings and are quite unlikely to have an area for walk-in customers. I'd say you have nothing to lose by trying but Brinks and Loomis are likely to tell you that you can't order directly from them unless you want to pay for delivery as if you're a business with a storefront. With that you're likely to be charged quite heavily for said deliveries (which banks pay for but often overlook or waive said fees).

    The "federal bank" may work with you if you have an account; depending on their policies or what the attitude of the manager is, you'll be completely at their mercy if they want to sell boxes to you. Don't be surprised if they initially tell you yes but then say they'll do so for a fee per box. Such fees, for example, may range from $7.50 for a box of cents, $10 for nickels, etc.
     
    Last edited: Feb 27, 2021
    DatDareNickelGuy likes this.
  4. Beardigger

    Beardigger Well-Known Member

    Did your bank say WHY they cut you off? If it's because they have to pay fees......maybe you can offer to pay the fees....
     
  5. Beardigger

    Beardigger Well-Known Member

    And I don't think it would be wise to have a LOOMIS delivery at your house.
     
  6. DatDareNickelGuy

    DatDareNickelGuy Well-Known Member

    My credit union has to open each box and count the rolls as well as initial their name of the rolls. They just started this new policy. I just think they dont have the time to count two boxes a week and initial 100 rolls.
     
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  7. DatDareNickelGuy

    DatDareNickelGuy Well-Known Member

    Oh no! Yeah I already thought about that. I definitely dont want a big ol bank truck pulling up at my house. Might give the wrong impression!
     
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  8. Danomite

    Danomite What do you say uh-huh Supporter

    IDK. My local bank will no longer accept CWR for any denominations . I’m in a small town and they will still accept mine but I’m only allowed to exchange my rolls, but not able to order boxes.
     
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  9. DatDareNickelGuy

    DatDareNickelGuy Well-Known Member

    I guess the best thing for me is try to see if I can pay the fee. Chase already informed me they have no problem with two boxes a week from two branches. One branch gives me one.

    But im going to do some calling around and see what my best option is. Like I said I dont mind paying the fees. Ill bring that up with my credit union and see if they will work with me. Figure if im paying for the boxes I dont need them counting the rolls.
     
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  10. Beardigger

    Beardigger Well-Known Member

    That's ridiculous!If they are getting the boxes for you, they should just leave them sealed and sell them to you that way. No muss no fuss. They shouldn't be opening a customers boxes anyway.
     
  11. Beardigger

    Beardigger Well-Known Member

    If you are going to pay fees anyway. Check with Wells Fargo or other banks about ordering for you if you have an account (try BoA too!) then just get a new account there even if monthly fees are charged.. I opened an account at a bank because they have a coin counting machine free for customers. I use it as my dump bank. I never dump my coins where I buy my boxes.
     
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  12. Beardigger

    Beardigger Well-Known Member

    Citibank, Chase , BoA, and Wells Fargo are commercial federal reserve banks. Any one of those should have no qualms about ordering boxes for you if you hold an account.
     
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  13. potty dollar 1878

    potty dollar 1878 Florida girls have to love walking there sharks.

    I get those rolls all the time and seem to find the most keepers in them and I haven't been able to get a box of coins since the beginning your lucky.
     
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  14. DatDareNickelGuy

    DatDareNickelGuy Well-Known Member

    I do have 4 wells fargo banks within a 5 mile radius. This sounds like the best option so far.
     
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  15. Beardigger

    Beardigger Well-Known Member

    I just looked online. The wells Fargo checking account is $10 a month unless you do $500 a month in direct deposit or keep a $500 minimum balance. Then it's free. Of course you would have to check on their box ordering policies before you opened an account, bit I don't see why they wouldn't. And one branch could be different from another.....but if you got 2 boxes a week from each branch.........
     
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  16. DatDareNickelGuy

    DatDareNickelGuy Well-Known Member

    Just wish we had a CRH drive thru store. Drive up like a Burger King.

    "Welcome to CRH drive thru how may I take your order?"

    " Yeah I'll take 5 boxes of nickels 3 boxes of halfs and 2 boxes of pennies"

    " Would you like dimes with that?"

    "No. I'm good."

    LOL!!!!!
     
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  17. Danomite

    Danomite What do you say uh-huh Supporter

    If we can have a Burger King like CRHing drivethru...... I want it my way.
    1) I want at least 40 low mintage JNs in XF or better.
    2) 10 buffalos, full date.
    3) 15 or more silver war nickels. Any condition.
    4) At least 1 pre 1913 nickel in every box.
    I don’t think that’s too much to ask:happy:
     
  18. potty dollar 1878

    potty dollar 1878 Florida girls have to love walking there sharks.

    Just give me a quarter 49er wait make it a double actually:):) 20210227_221456.jpg
     
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  19. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    What will probably end up happening is that they will eventually stop ordering boxes for you whether you pay the surcharge or not. If they do it for you, they will have to do it for other customers. The banks are not in the business of selling boxes!
     
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  20. desertgem

    desertgem MODERATOR Senior Errer Collecktor Moderator

    At one time I was on a community bank board which has since passed through 2 or 3 ownerships, but many of the old staff are still there. Recently I was moving in/out of the vault security and I ask the old teller ( about my age or younger ) about the boxes, and he said since the covid , the companies do not want any unnecessary contact with non-bank personel ,nor the delivery people. Just to see, I asked if they had any boxes of cents, dimes, quarters ? No, but would you like a box of dollars? No! Jim
     
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  21. Histman

    Histman Too Many Coins, Not Enough Time!

    My banks have no problem ordering for me. The only caveat is that they are ordering for themselves. Obviously, they do not want to pay for the delivery of coins if they are not getting any coins themselves. I have a standing agreement with them that when they order for themselves (usually weekly, although every now and again they don't need coin) they order for me. The two weeks before Christmas they ordered me $6,000.00 in halves. They had to break it into two orders since they were limited to $3,000.00 per order, per week. In fact, I just picked up two boxes of quarters, a box of dimes, and a box of nickels yesterday.
     
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