Banks may not order any more future rolls???
Isn't it strange that the local bank branches which is part of a large midwest banking instition has decided not to order any more business strike presidential dollar rolls? Their reasoning is that they believe there is more than enough dollars in circulation now. SAY WHAT?? Isn't that one of the main reasons why the US Mint and our government started with dollar coins again for circulation is to eventually replace or least reduce the amount of paper currency it has to print??? Most European countries have done just that and it has been a success for them.
The local branches here have been very good in the past to allow me to order whole $1000 boxes at times without complaint.
I tried to order a box of the new Native American dollars from them and the answer was no. They didn't see the need to do that.
The question I have for those collectors that depend on their local banks to provide rolled coins to add to their collection:
Isn't it the law that no bank can deny your request for any currency that is offered by the US Mint for circulation???
I have no problem to pay a service fee that all bank branches pay to acquire $1000 boxes. But to simply say...Sorry, you can not order anymore dollar rolls because we do not want to bother with it!....Hmmmm. No wonder the SBA and SAC's failed to replace the dollar bill because banks seem to have the power to decide for us.
Your opinion is greatly appreciated!