On Fri, 12 Oct 2018 01:35:31 -0700, Snidely <
snide...@gmail.com>
wrote:
>Questor noted that:
>> What I don't
>> understand is why there would be so much variation. As many as twenty times
>> more of the highest minted coins are produced than the lowest.
>"Don't make more than 1000 rolls of quarters until the banks ask for
>more."
>"Damn, we can't get rid of those Blue Ridges ... better scale back the
>Fort Moultrie until we have room."
>(Just guessing, of course, and I'm sure they have sophisticated ways of
>predicting the need for any given denomination.)
According to the GAO:
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In 2009, the Federal Reserve’s Cash Product Office (CPO) established
national upper and lower inventory targets for pennies, nickels,
dimes, and quarters to track and measure the coin inventory. National
upper and lower inventory targets are reviewed and updated annually.
In 2013, the upper national inventory targets were set based on the
average peak Reserve Bank coin inventory from 2009 to 2012, and the
lower national targets were set based on the 10 consecutive days from
2009 to 2012 with the most coin payments to depository institutions.
Figures 9 through 12 present the Reserve Bank inventories of quarters,
dimes, nickels and pennies from 2009 through 2012 and upper and lower
national inventory targets from 2009 through 2013.1
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This is from an appendix buried in the 2013 GAO report, and you can
delve into the entire report at
https://www.gao.gov/assets/660/658599.pdf
It seems tha all the various quarters are already made and stored, and
they are distributed in a random fashion depending upon the Reserve
Bank inventory of quarters (that's the way I interpret what was
published, but your results may vary).
Les