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Where are the Fed Banks and what territories do they distribute to?
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<p>[QUOTE="mynamespat, post: 2696238, member: 83738"]I believe you are misinterpreting my point. The Federal Reserve is essentially becoming a coin broker these days (in regards to coins- not currency). They have outsourced the packaging and distribution. They act as an intermediary between the mint and federally chartered banks, processing orders. They also store excess. However, if all things work as planned, the amount of coin they need to hold in vaults should stay at a minimum (ignore the $1 coin... there's over $1b of those things in Fed vaults). In wholesale this is called drop shipping.</p><p>OP isn't going to be able to order directly from the Fed without becoming a financial institution (lol). Thus, the next best option to work his way into the supply chain. Brinks and NF String are the two largest players in this very small playground.[/QUOTE]</p><p><br /></p>
[QUOTE="mynamespat, post: 2696238, member: 83738"]I believe you are misinterpreting my point. The Federal Reserve is essentially becoming a coin broker these days (in regards to coins- not currency). They have outsourced the packaging and distribution. They act as an intermediary between the mint and federally chartered banks, processing orders. They also store excess. However, if all things work as planned, the amount of coin they need to hold in vaults should stay at a minimum (ignore the $1 coin... there's over $1b of those things in Fed vaults). In wholesale this is called drop shipping. OP isn't going to be able to order directly from the Fed without becoming a financial institution (lol). Thus, the next best option to work his way into the supply chain. Brinks and NF String are the two largest players in this very small playground.[/QUOTE]
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Where are the Fed Banks and what territories do they distribute to?
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