Where is the uncirculated money?

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Keep your answers coming to "Where is the uncirculated money".

Please see below the asterisks for the original posting.

Answers to the question "Where is the uncirculated money".   (((last update Dec 7, 2010)

1) Banks
- Order bricks/bands at ANY bank/trust company.  -Takes some time (days)to get the order in.
- Specify 'new notes' when you order.  (((ANY bank or trust company CAN order bricks of new uncirculated notes. Some banks/people are not familiar with the process on how to do it, or just don't want to.)))
- Small fee from $0 to $24/brick.  (CIBC charged $1.50 for each band of 100 notes.)
- Build a relationship with Teller or Manager.  Ask for crisp notes they may have behind the counter.  Perhaps they will hold UNC for you.
- Better luck in a big city where more money moves through the bank.
- Go to the business line and ask.
- Bank and ATM machine
- Around Christmas and Chinese new years, new bills come out as people like to give them as gifts so the banks stock up to meet demand.

2) Cassinos
- Ask person at cashout wicket for new notes.

3) Forum members
- Post a request on the ‘Trading Post’ for UNC.  Perhaps a forum member can give you their UNC for FV after they have skimmed the collector bills.

4) Cannot order directly from BOC.


Other points to be made
A brick is 1000 notes.
A bundle (band) is 100 notes.

Banks order new bricks/bands from their own central depot or treasury branch who in turn orders them from the BoC.

Bricks come shrink wrapped in plastic in general.  Some are in bags and/or bundled with elastic bands.  The bands may cause dints in the edges of the notes.  Bricks can also come with circulated notes in them by mistake.  Should not have to pay for a Brick if it has circulated notes in it if you ordered new notes only.

If the bank offers to count the money for you…..remember that the counting machine will ‘damage’ the bills by leaving a little dint in them.  You may want to say no to having notes counted…relying on the BOC to have put 100 notes in each band and 10 bands per brick.




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Original posting

I have been asking around at the banks for a brick.  Which banks can I get these at.  They tell me they can only give me what comes in and it may or may not be circulated or mixed. 

At the TD they told me to try the RBC as they have a contract with the BOC and they are the only ones that can order in uncirculated.

How do you guys get your uncirculated?

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that's no true in terms of RBC being the only ones getting UNC bricks. Most of the time they'll do it for a small fee, but only if you know them well.

Don't expect to walk into any random bank and ask to order bricks because they won't do it. You gotta build your relationships

It's not easy

Are there particular bank branches in larger cities where one can get uncirculated notes for face value at any time? Would I be able to get unc notes directly from the Bank of Canada? I am not talking bricks, just a few notes, or possibly a bundle.

Are there particular bank branches in larger cities where one can get uncirculated notes for face value at any time? Would I be able to get unc notes directly from the Bank of Canada? I am not talking bricks, just a few notes, or possibly a bundle.

Getting unc notes at a bank is a crap shoot...sometimes they have them and sometimes they don't...and most of the times they don't.....but your luck is better in a larger city than a smaller one simply because of the amount of cash in/out at larger cities...If your just looking for unc notes and not worried about replacements/special numbers etc just post on the forum and you can probably pick some up from a bricker at FV plus postage...
Many times you may even get lucky to get notes that a bricker just returned but already went through...it all depends what your looking for...
I have never heard of anyone getting unc notes directly from the BOC since they are not the ones you would be dealing with in the first place....

I agree that you have to build a relationship with at least one person. At my RBC in Mississauga, I am very lucky to know 2 people and every 2nd Monday they place an order for me from the BOC. All I have to do is pick it 2 or 3 day's later and the week after, repeat the whole thing again. 

Thanks for the answers.  'Reality' and 'Wizard1' say I need a relationship with my bank tellers/managers.  So what do I gotta do...bring them a box of chocolates?  Go in and have coffee with them?  geez...  What about depositing a lot of money in with them?  Or do I still have to make friends?  Im not ever going to get a brick then.  Damn.

When a brick comes in...its ordered from BOC?  So is it all new notes in a brick?  My bank told me they get what they are sent.  Doesnt sound encouraging to me.  So I get 4000 old wrinkled up $5 bills?  With random new ones put in maybe?

Or are the notes going to be mixed up with old notes? Or do they jam 200 new ones in at the beginning of a brick?

Is anyone out there a current bricker.  Can they tell me how they are going about it right now.  Whats it costing them.  Emotionally and financially.  (Do I have to be sweet to the bank teller)

I see a few ebay sellers who have hundreds and hundreds of brand new notes from all the series.  How the heck do they do that?  They must be married to the bank manager.....or something...

First - remember that the  bank teller/manager is a person trying to do a job.

With that in mind, politely explain that you would like to obtain a new, UNC brick. Ask them to find out if that can be done at this branch and how to go about it.

That's where I would start...

I first started by going to the "business" line and asked if they had any new crisp bundles of $5 and or $10 notes. It took a few moments but most were happy to help. I found that by explaining to them what your goal is they were there to serve you as a customer...then a friendship started, go into the bank call them by their first name, be friendly, ask about the family, talk about the weather, this will make them feel more comfortable with you, and also go in every couple of day's if you have the time. When you feel comfortable, ask than about placing an order with the BOC for your denomination of choice. I've paid between $14-$24 per brick.   

Is anyone out there a current bricker.  Can they tell me how they are going about it right now.

I think if you look at old posts on this site you will see that most, if not all of your questions were answered at some point in time...

As for having a lot of money in an account in a bank ....which is stupid anyways...it is not a way that will get you bricks...

FRIEDSQUID

I believe that a lot of the people who sell uncirculated Canadian banknotes as a dealer do have some connection with either a bank teller or manager.  If they had a friend who worked at a bank branch they could surely ask them to put aside the new bricks for them.

On the other hand getting 4000 circulated $5 is not a bad thing.  Look through them for errors there are many that a missed by non-collectors.  I have found it HARD to get that many $5s or $10s. Most tellers will refuse.

I think if you look at old posts on this site you will see that most, if not all of your questions were answered at some point in time...

As for having a lot of money in an account in a bank ....which is stupid anyways...it is not a way that will get you bricks...

FRIEDSQUID

Banks need to "Know their client" and even then there are snags, because large cash transactions, when entereted into their records send off alarm bells up the chain of command. 

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Banks need to "Know their client" and even then there are snags, because large cash transactions, when entereted into their records send off alarm bells up the chain of command.
And don't forget all of those pretty RED waving flags 

Big Brother Fintrac is watching us and our money

If you are close to a casino try there they don't ask questions and are   VERY nice. They do have to count it three times but will do so carefully if you tell them you are a collector.   I have found missmatched APE-APF Radars, Ascending ladders Many Sheet replacement  all by asking for 20's changed to fives.  Next time feed 5's into a machine cash out take ticket to teller and ask for denomination you require.  Also good place to collect change.  Asked for rolls of pennies last time and got a roll of 1962's.

Thanks for all the replies.  Keep them coming.  See the first post where I will condense the information.

Kind Regards,
OneTime

I am getting confused:

The bank cannot control what BOC sends so bricks may come in as all used notes or a mix of CIRC/UNC.
…
At the TD they told me to try the RBC as they have a contract with the BOC and they are the only ones that can order in uncirculated

that's no true in terms of RBC being the only ones getting UNC bricks. Most of the time they'll do it for a small fee, but only if you know them well.

Which one is it?
Can the bank (say RBC) help their good relationship bricker orders a UNC brick, or is the brick going to be random CIRC/UNC? Btw, do the brick come in sealed? Thank you.

As long as you specify that you want "brand new uncirculated" notes they will place that order for you from the BOC. As mentioned, a small fee will apply.

Forgot to mention, yes new uncirculated bricks come sealed and strapped.

Here are the facts:
Any bank or trust company can order bricks of new uncirculated notes if they want to.
It is just that either they are not familiar with the process on how to do it, can't be bothered to find out, or just don't want to...and say they can't

MYTH : RBC is NOT the only bank that can get bricks....

The biggest problems that exist for getting bricks are for security/safety issues where a bank does not want the risk to them or customers to have cash in the bank that they don't really want or need...
and money laundering as they say....which is a Fintrac issue where to many transactions, especially of high value set up flags and create problems up the ladder..
Even if you know someone at the bank it may be out of their hands eventually ...everyone has someone to answer to and no one wants the responsibilty if all it is, is an extra hassle for them...

Even brickers that get and order new bricks will sometimes get circulated notes by error, but I know in my case if any bricks are circulated you do not pay for them since it is not what you ordered...I can't speak for others on this issue...
I have bricked since the early 80's and you will always have your ups and downs....its the nature of the beast.....

FRIEDSQUID

Forgot to mention, yes new uncirculated bricks come sealed and strapped.

Not all new bricks come sealed and strapped....
Some are repackaged in bags, and/or bundled with elastic bands....

FRIEDSQUID

Here are the facts:
Any bank or trust company can order bricks of new uncirculated notes if they want to.

Anyone know if this applies to (provincially regulated) credit unions too?  Or is it only the federally regulated banks and trust companies that can order from the BoC?

Anyone know if this applies to (provincially regulated) credit unions too?  Or is it only the federally regulated banks and trust companies that can order from the BoC?

I know Libro Credit Union can provide bricks so I would think that others could as well
FRIEDSQUID

Just for semantics, most banks don't actually order the bricks directly from BoC right when an individual or branch requests them. Banks have a their own facilities where they have an existing quantity of bricks on hand. Should they not have enough THEN they would have to order it from BoC

Yes that is true ...the bricks come from a central depot or treasury branch for that bank

Thank you for the clarifications. Now I understand some of the inconsistencies involved…

In answer to the original question, I think that this is the time of year when traditionally new notes are released because people are demanding nice new bills to go into envelopes and cards.  Perhaps if there is an overstock of notes at the printing companies we'll see more new notes as overall demand goes up.

If you can't get to a casino, perhaps you may want to befriend a senior citizen.  They always seen to get the nicest bills!

Banks do seem to have more crisp bills around December for Xmas; also in city which have chinatown, the banks there tends to have some new bills near Chinese New Year.

earlier in the thread someone mentioned 100 bills in a band...we usually refer to this as a bundle (10 bundles to a brick)
also my understanding has always been that even if someone finds what they believe to be a replacement note (unconfirmed) in a bundle that they received it will not be used as part of a confirmation...you must obtain a new sealed/wrapped brick since bundles can be easily tampered with intentionally or not....

Haven't seen brand new 20s for a very long time... used to get them quite frequently from ATMs. All the 20s I've been getting have been worn and dirty. 

I've had better luck with getting brand new 50s, I get them every time I withdraw enough $ from ATMs. I've also been getting bundles of new $5s and $10s from RBC branches all around the GTA, I just ask them beforehand before exchanging bills.

Downtown Toronto banks -- always stock new bills and when changeovers are imminent, a great place to ask. I was able to get both bird series and new Journey series notes at changeover time, still have them tucked away, consecutive UNC notes.. mmmmmm