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gothboi30
Penny Collector Member
USA
286 Posts |
 Posted - 01/27/2009 : 02:48:41
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I have a question. I'm having trouble finding halves in my area and have considered trying to order directly from the mint. I couldn't find anything on the mints web site about ordering boxes or bags of circulated coins. They didn't have listed anything older than '05, and only listed 2009 halves. Is it worth it to order direct? Not just for halves, but dimes, nickels, and pennies too. How does one order direct?
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fb101
Administrator
USA
2856 Posts |
Posted - 01/27/2009 : 04:44:19
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| You cannot order circulated coins directly from the mint. If you're looking for new coins, they charge a hefty premium for coins except the dollar coins. |
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L1011
Penny Collector Member
310 Posts |
Posted - 01/27/2009 : 09:49:44
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| Yep, the Mint isn't in business to sell circulation coins ,in bulk, to individuals, they make'em, then distribute them to the various federal reserve banks |
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Cody8404
Penny Hoarding Member
USA
602 Posts |
Posted - 01/27/2009 : 13:49:47
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From the mint you can only buy this years coins. Most of the time you will pay at least 3-4 times face value.
That is how the mint makes money. |
Awake, O kings of the earth! Come ye, O, come ye, with your gold and your silver, to the help of my people, to the house of the daughters of Zion, to the help of the people of the God of this Land even Jesus Christ. |
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Cerulean
Penny Hoarding Member
USA
993 Posts |
Posted - 01/27/2009 : 14:35:12
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quote:
Originally posted by Cody8404
That is how the mint makes money.
Mark-ups? Oh... I thought they used large metal-stamping machines. |
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Cerulean's Standing Offer: $3/lb shipped for foreign coins |
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daviscfad
1000+ Penny Miser Member
USA
1664 Posts |
Posted - 01/27/2009 : 14:56:33
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quote:
Most of the time you will pay at least 3-4 times face value.
Its not that much mark up on half dollars... somewhere around 65 cents per coin if you buy the bag and 82 cents per coin if you buy the two rolls |
Inquiring minds want to know |
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wagsthadog
Penny Hoarding Member
USA
565 Posts |
Posted - 01/27/2009 : 22:28:24
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Hi there-
For what it's worth, I tried contacting Dunbar and Brinks directly to try to arrange coin delivery. They were both really nice, but told me I had to go through a bank.
rats!
wags |
Only when they CAN'T have it, ......THEN they'll want it.
I love Cents. If you get an UNC box, you win. If you get a regular circ. box, you win. If you get a zinc box, you don't lose....so you still win. |
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NotABigDeal
1000+ Penny Miser Member
USA
3890 Posts |
Posted - 01/28/2009 : 06:36:59
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quote:
Originally posted by wagsthadog
Hi there-
For what it's worth, I tried contacting Dunbar and Brinks directly to try to arrange coin delivery. They were both really nice, but told me I had to go through a bank.
rats!
wags
Good thing there are a lot of banks.
Deal |
Live free or die.
Plain and simple.
"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your council or your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen."
- Samuel Adams |
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n/a
deleted
478 Posts |
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Ant
Penny Hoarding Member
USA
894 Posts |
Posted - 01/28/2009 : 23:52:09
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quote:
Originally posted by Cerulean
quote:
Originally posted by Cody8404
That is how the mint makes money.
Mark-ups? Oh... I thought they used large metal-stamping machines.
*groan*  |
Lovely dimes, the liveliest coin, the one that really jingles. --Truman Capote
Coins are the metallic footprints of the history of nations. --William H. Woodin |
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gothboi30
Penny Collector Member
USA
286 Posts |
Posted - 01/30/2009 : 09:08:49
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Tried calling my local fed branch directly this morning. Got nowhere fast....was told I can't order direct from them after being transfered several times.....I HATE dealing w/ ANY federal agency.....seems like uncle sam only hires IDIOTS...... |
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Ordering from the mint
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