From where does the circulation of the coins starts.who is the first person to g!
Question:
From where does the circulation of the coins starts.who is the first person to get the coins.?
some people says it is from banks but we never take coins from the banbs.so.who gets them first and how?
Answers:
All money after minting is sent to a Federal Reserve Bank. From there the money is transferred to other banks that request them. People then go to the banks and take the money out and now it is in circulation. As for coins, most likely the coins were transferred to a depository and then sent to a store or other retail establishment as they have more use for coins. Then you go an buy your coffee and get your change.