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Who rolls the coins you get?

PostPosted: Fri Aug 01, 2014 8:06 pm
by coppernickel
Recently all the coins available from the bank now read, LOOMIS.

Rarely can I get any in the plastic enabled rolls. The banks around here refuse to take rolls so customer wrapped rolls are VERY rare anymore.

When I restarted a few months ago, the averages I was getting was about 10%. The last run of $50 netted 47¢ total, and the last few have been about that.

I am wondering if I have cleared all copper from the region? Is that even possible?

Re: Who rolls the coins you get?

PostPosted: Fri Aug 01, 2014 8:20 pm
by silverflake
Loomis loomis loomis. That's all I have been getting here in S.W. Virginia. And somebody at Loomis is a clown. The rolls are almost all brand, spanking new 2014 cents. But when I broke open the last batch I got, each roll had 49 2014's and 1 other non-2014. Come on! Can't even pass them off as full B.U. rolls! Gang, I smell the end of the cent. Copper is hard to come by now. Actually, pennies are hard to come by. Sigh....

Keep stacking.

Re: Who rolls the coins you get?

PostPosted: Sat Aug 02, 2014 7:17 pm
by LooseChange
coppernickel wrote:Recently all the coins available from the bank now read, LOOMIS.
Rarely can I get any in the plastic enabled rolls. The banks around here refuse to take rolls so customer wrapped rolls are VERY rare anymore.
When I restarted a few months ago, the averages I was getting was about 10%. The last run of $50 netted 47¢ total, and the last few have been about that.
I am wondering if I have cleared all copper from the region? Is that even possible?

Banks around here that don't have a counter will only take rolled coin. I was told "they have to accept it"
As far as clearing out a region, I guess its possible, but I wouldn't think it's likely. It's probably a combination of you, other sorters, and all the new zincs. This coupled with the existing low percentages, 10% really isn't all that far from zero. (10% to 0% is a much bigger drop than 30% to 20%) if you know what I mean.

My Experience:
I took a 2 month break from sorting this spring, when I came back to the bank, all they had were Loomis boxes (Southeast US). I found one branch way out that gave me 2 boxes (1 Loomis and 1 String). Besides that one string box, for the last 2 months or so its been 100% Loomis.

In comparison against the String boxes, I have found the Loomis rolls much harder to break open (Waiting for HCBTT's RC 5000 comment). With string rolls, you smack 2 together and the both break in the center and all is well. With Loomis that method lasted 2 seconds and now I'm ripping off each end with pliers. Also no Peekaboo holes so you can't do a swap on the spot for all zincs unless you open each box right there.
Also with Loomis (Which never happened with any of my string boxes) I have found 3 dimes and 2 silver foreign.

Copper Percentages:
String Boxes 2014 (22.9%)
Loomis Boxes 2014 smaller sample size (22.4%) *Not significantly different, also need more data points

My opinion overall echos what silverflake said. Keep stacking (Even if it's unsorted cents) I'm going to go full steam ahead until all the banks cut me off. I ran into my first sourcing issues about a month ago (about 5 branches and got $40 total) and ever since I have been trying to "stock up". No only get while the gettings good, but get while you still can get at all. Good luck folks.

Re: Who rolls the coins you get?

PostPosted: Sat Aug 02, 2014 8:10 pm
by coppernickel
That is interesting.

Re: Who rolls the coins you get?

PostPosted: Thu Aug 28, 2014 12:39 am
by JadeDragon
silverflake wrote:! Gang, I smell the end of the cent. Copper is hard to come by now. Actually, pennies are hard to come by. Sigh....

Keep stacking.


Try in Canada where you simply can't buy them.

Re: Who rolls the coins you get?

PostPosted: Thu Aug 28, 2014 1:55 am
by HoardCopperByTheTon
In comparison against the String boxes, I have found the Loomis rolls much harder to break open (Waiting for HCBTT's RC 5000 comment). With string rolls, you smack 2 together and the both break in the center and all is well. With Loomis that method lasted 2 seconds and now I'm ripping off each end with pliers. Also no Peekaboo holes so you can't do a swap on the spot for all zincs unless you open each box right there.

It is a Rollcracker 1000.. not a 5000! Every year I ask for one.. and every year Santa doesn't bring it. I don't know if it is cause I ain't been good enough, or the elfs refuse to build one of these contraptions.

My opinion overall echos what silverflake said. Keep stacking (Even if it's unsorted cents) I'm going to go full steam ahead until all the banks cut me off. I ran into my first sourcing issues about a month ago (about 5 branches and got $40 total) and ever since I have been trying to "stock up". No only get while the gettings good, but get while you still can get at all. Good luck folks.[/quote]
I like the stacking advise. A guy can never have too many cents stacked up. Fortunately I still get a lot of CWR at my banks. Picked up about 500 rolls in the last week. I have noticed that the sealed boxes I get are predominantly Loomis now, from several different bank sources. Maybe they aggressively priced their coin service to achieve market penetration. The rolls seem pretty tightly rolled.. much like rolls out of the HCBTT Penny Processing center. Opening is not really a problem though.,,. since the main workbench in the processing center is quarter inch plate steel.. so I just crack them like eggs on the edge. :mrgreen:

Re: Who rolls the coins you get?

PostPosted: Thu Aug 28, 2014 9:22 pm
by highroller4321
coppernickel wrote:Recently all the coins available from the bank now read, LOOMIS.

Rarely can I get any in the plastic enabled rolls. The banks around here refuse to take rolls so customer wrapped rolls are VERY rare anymore.

When I restarted a few months ago, the averages I was getting was about 10%. The last run of $50 netted 47¢ total, and the last few have been about that.

I am wondering if I have cleared all copper from the region? Is that even possible?



Where are you located?



The reason for the change is because NF Strings lost all of their major contracts with the armored companies. Loomis now mostly does their own wrapping. Ty my knowledge NF strings still wraps the dollar coins for the mint, but that is about it.

Re: Who rolls the coins you get?

PostPosted: Fri Aug 29, 2014 6:44 am
by Morsecode
String is alive and well in Connecticut. TD is still carrying them.

Re: Who rolls the coins you get?

PostPosted: Fri Aug 29, 2014 10:32 pm
by baggerman
I quit buying boxes a long time ago because they were all switched to Loomis and very little copper. I get CWR at my bank and buy bags off the coin sorters from my credit union,

Re: Who rolls the coins you get?

PostPosted: Tue Sep 02, 2014 9:51 pm
by cesariojpn
coppernickel wrote:I am wondering if I have cleared all copper from the region? Is that even possible?


Maybe not, but anytime people "remove" coins from an area, the banks need to "compensate" for this, and when they go to order coin, the Fed pulls coin from the vaults, and then that goes to the armoured car guys, who then deliver it to the banks, and then banks pass that to the end user.

Re: Who rolls the coins you get?

PostPosted: Wed Sep 03, 2014 10:10 pm
by SilverDragon72
Umm....that would be LOOMIS!