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Title: U.S. Coins
Sub-title: The Price of a Penny
Edited by: Walter M Carvalho
ISBN10-13: 1606929399 : 9781606929391
Illustrations: tables & charts
Format: Paperback
Size: 155x230mm
Pages: 54
Weight: .138 Kg.
Published: Nova Science Publishers, Inc (US) - May   2009
List Price: 52.99 Pounds Sterling
Availability: Temporarily Out of Stock, more expected soon 
Subjects: Banking
Federal Reserve Banks fulfil the coin demand of the nation's depository institutions, which include commercial banks, savings and loan associations, and credit unions, by ordering new coins from the U.S. Mint and managing coins held in inventory at the Reserve Banks and in coin terminals. Reliably estimating the demand for coins and efficiently managing the inventory of circulated coins is important to ensure that depository institutions have enough coins to meet the public's demand and to avoid unnecessary coin production costs. This book addresses the Reserve Banks' process for ordering and distributing coins to the nation's depository institutions and the extent to which this process meets depository institutions' demand for coins.
Table of Contents:
Preface; Results in Brief; Background; The Reserve Banks' Process for Ordering and Distributing Coins Uses New Coins, Coin Inventories, and Coin Transfers to Meet Demand; The Reserve Banks’ Process Fulfills Coin Demand, but Optimal Inventory Ranges Are Undefined; Agency Comments; Index.
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