Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Mint bag question
>
Reply to Thread
Message:
<p>[QUOTE="Conder101, post: 268880, member: 66"]Up until about 10 years ago, the mint shipped cent to the Fed in canvas bags of 5,000 cents each, These are what people are talking about when they speak of "mint sewn" bags. Sometimes banks would receive these bags when they ordered coins from the Fed, but often they received rolled coins where Brinks or another service received the bags or tubs from the Fed and rolled them. Then the rolls were delivered to the banks in boxes. Boxes are easier to handle and you are less likely to drop them because they don't shift around.</p><p><br /></p><p>About that time the Mint also changed their bag size that they used to ship to the Fed. The new bag, called a ballistic bag, now held as many coin in one bag that they used to have on an entire pallet of bags. A ballistic bag typically holds about a ton of coins. For a bag of cents that would be about 400,000 cents. I think you would have to be a REAL good terms with your bank to get them to order a ballistic bag for you. And you would have to have a forklift available on short notice to pick them up when they arrived.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 268880, member: 66"]Up until about 10 years ago, the mint shipped cent to the Fed in canvas bags of 5,000 cents each, These are what people are talking about when they speak of "mint sewn" bags. Sometimes banks would receive these bags when they ordered coins from the Fed, but often they received rolled coins where Brinks or another service received the bags or tubs from the Fed and rolled them. Then the rolls were delivered to the banks in boxes. Boxes are easier to handle and you are less likely to drop them because they don't shift around. About that time the Mint also changed their bag size that they used to ship to the Fed. The new bag, called a ballistic bag, now held as many coin in one bag that they used to have on an entire pallet of bags. A ballistic bag typically holds about a ton of coins. For a bag of cents that would be about 400,000 cents. I think you would have to be a REAL good terms with your bank to get them to order a ballistic bag for you. And you would have to have a forklift available on short notice to pick them up when they arrived.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Mint bag question
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...