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<p>[QUOTE="John Burgess, post: 7652211, member: 105098"]After much investigation on my part, it's the armored carriers doing it now. the change happened when banks stopped being able to order specific coins from the federal reserve for state quarters and presidential dollars. When they ended being able to do that, they outsourced warehousing and distribution to the armored carriers, and the FRB just conducts inventory and oversight of their contractors to ensure nothing's going missing without being accounted for.</p><p><br /></p><p>the armored carriers are breaking down the ballistic bags, in fact they are doing the collection from the mint and delivery to the armored carrier warehouse sites (terminals) also, (which they were doing anyways as far as transporting to the FRB branch office vaults).</p><p><br /></p><p>From FRBservices.org</p><p>"A coin terminal is a secure facility operated by an armored carrier that holds Reserve Bank inventories of coin, and that receives deposits from and fulfills orders of coins for depository institutions on behalf of the Federal Reserve Bank. Coin terminal operators are contracted by the Federal Reserve Bank to perform these services.</p><p><br /></p><p>A coin depot is an additional coin distribution arrangement that enables the Federal Reserve Bank to service its customers that are not currently serviced by a coin terminal. Similar to the coin terminal program, a coin depot is an outsourced arrangement with a vendor that provides coin services to Federal Reserve Bank customers in lieu of those customers accessing the Federal Reserve Bank dock. This program complements, and does not replace, the coin terminal program and may be operated by an armored carrier (AC) or non-AC entity."</p><p><br /></p><p>so, it's the "coin terminals" or "coin depots" that do it. basically armored carriers in all respects regardless of the term used. the "Depot" is just a bit more removed from an armored carrier, for areas that are under served, maybe a small town community bank or something similar instead a smaller carrier facility possibly.</p><p><br /></p><p>It's been my experience also, the banks aren't particular and will order from whoever happens to be the cheapest rate at the moment, and the armored carriers are all doing their part for the FRB to some degree, be it Loomis, Brinks, Garda, Dunbar, whoever. An Armored carrier company does the management of the terminal, but they all do their pickups and distribution from there of the Federal Reserve assets to the banks they serve.</p><p><br /></p><p>I took a deep dive into this all in 2019 when they released the Ws trying to figure out where they might be released close to me when Lowell came out and I wasn't finding anything new, turns out who has what, and where is pretty complicated, they all have access to it, but the terminals are quite large and it's just ins and outs of circulating and new coin with no rhyme or reason except their own inventory. Some areas, the contractors immediately put out the new coin (FIFO), and others they sat on it (FILO) for easier inventory since coin don't spoil.</p><p><br /></p><p>I can tell you distribution cities for 2019 or 2020 for the Ws, where the coin went from the mint, but I can't tell you what happened to it once it got there, if it went out the door immediately, or it's sitting there on HD pallet racks collecting dust in the ballistic bags still waiting for them to run so short they have to crack it open. for my area, I know Miami was the closest, and all designs went there, however, I found just 3 of the 10 designs and only one design from fresh new box of quarters, and one design from a fresh new roll that I couldn't get more of from the same source that gave me that one roll.</p><p>i randomly got the 3rd out of the ticket exchanger at the casino.</p><p><br /></p><p>if people would find this information useful and get use out of it, I could compile it, but it's quite a bit of work hunting down the info and putting it all in one place that makes sense, it's easier to find info for a single design and if it went to a major city near you or not than to put it all together in one place. most of this info is in coinworld articles in those years pre-release of the designs.</p><p><br /></p><p>who am I kidding, I'm far too lazy to do this kind of work. LOL this is about Tuskegee quarters anyways, not Ws. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="John Burgess, post: 7652211, member: 105098"]After much investigation on my part, it's the armored carriers doing it now. the change happened when banks stopped being able to order specific coins from the federal reserve for state quarters and presidential dollars. When they ended being able to do that, they outsourced warehousing and distribution to the armored carriers, and the FRB just conducts inventory and oversight of their contractors to ensure nothing's going missing without being accounted for. the armored carriers are breaking down the ballistic bags, in fact they are doing the collection from the mint and delivery to the armored carrier warehouse sites (terminals) also, (which they were doing anyways as far as transporting to the FRB branch office vaults). From FRBservices.org "A coin terminal is a secure facility operated by an armored carrier that holds Reserve Bank inventories of coin, and that receives deposits from and fulfills orders of coins for depository institutions on behalf of the Federal Reserve Bank. Coin terminal operators are contracted by the Federal Reserve Bank to perform these services. A coin depot is an additional coin distribution arrangement that enables the Federal Reserve Bank to service its customers that are not currently serviced by a coin terminal. Similar to the coin terminal program, a coin depot is an outsourced arrangement with a vendor that provides coin services to Federal Reserve Bank customers in lieu of those customers accessing the Federal Reserve Bank dock. This program complements, and does not replace, the coin terminal program and may be operated by an armored carrier (AC) or non-AC entity." so, it's the "coin terminals" or "coin depots" that do it. basically armored carriers in all respects regardless of the term used. the "Depot" is just a bit more removed from an armored carrier, for areas that are under served, maybe a small town community bank or something similar instead a smaller carrier facility possibly. It's been my experience also, the banks aren't particular and will order from whoever happens to be the cheapest rate at the moment, and the armored carriers are all doing their part for the FRB to some degree, be it Loomis, Brinks, Garda, Dunbar, whoever. An Armored carrier company does the management of the terminal, but they all do their pickups and distribution from there of the Federal Reserve assets to the banks they serve. I took a deep dive into this all in 2019 when they released the Ws trying to figure out where they might be released close to me when Lowell came out and I wasn't finding anything new, turns out who has what, and where is pretty complicated, they all have access to it, but the terminals are quite large and it's just ins and outs of circulating and new coin with no rhyme or reason except their own inventory. Some areas, the contractors immediately put out the new coin (FIFO), and others they sat on it (FILO) for easier inventory since coin don't spoil. I can tell you distribution cities for 2019 or 2020 for the Ws, where the coin went from the mint, but I can't tell you what happened to it once it got there, if it went out the door immediately, or it's sitting there on HD pallet racks collecting dust in the ballistic bags still waiting for them to run so short they have to crack it open. for my area, I know Miami was the closest, and all designs went there, however, I found just 3 of the 10 designs and only one design from fresh new box of quarters, and one design from a fresh new roll that I couldn't get more of from the same source that gave me that one roll. i randomly got the 3rd out of the ticket exchanger at the casino. if people would find this information useful and get use out of it, I could compile it, but it's quite a bit of work hunting down the info and putting it all in one place that makes sense, it's easier to find info for a single design and if it went to a major city near you or not than to put it all together in one place. most of this info is in coinworld articles in those years pre-release of the designs. who am I kidding, I'm far too lazy to do this kind of work. LOL this is about Tuskegee quarters anyways, not Ws. :)[/QUOTE]
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