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Coin Shortage?

Discussion in 'General Discussion' started by Stevicus, Aug 5, 2020.

  1. Stevicus

    Stevicus Veteran Member
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    I've been noticing that a lot of stores have signs up telling people that they're facing a coin shortage. Apparently, it's a national problem due to a disruption in the normal circulation of coins due to the coronavirus.

    Is There Really A Coin Shortage?

    I have a can full of coins, but rolling them all and taking them down to the bank can be time-consuming and tedious. So, they just sit there. If the banks had coin counting machines you could just bring them in, but they don't have that. There are those Coinstar machines in supermarkets, but they're a rip off, charging 10¢ on the dollar for coins.

    Coins can be such a pain in the butt, and nobody really likes to take a lot of them - unless they need them. And now they need them.
     
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  2. Polymath257

    Polymath257 Think & Care
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    My bank has such machines and they count pretty quickly. I generally turn in a big cup of non-pennies whenever it fills up and it yields about $120-140
     
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  3. Jayhawker Soule

    Jayhawker Soule <yawn> ignore </yawn>
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    I'd love to see "#ChangeHunger" boxes in every supermarket.
     
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  4. SalixIncendium

    SalixIncendium Ānanda
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    My restaurants spent two weeks with coin orders limited to ten rolls of each denomination of rolled coin. Last week they changed it to sixteen.

    Either there's a coin shortage or the US Treasury just wants to make my life difficult.
     
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  5. sun rise

    sun rise "This is the Hour of God"
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    I hardly use cash for anything anymore outside of the farmer's market once a week.

    This is of course a great opportunity to get rid of the penny but the business that make money off the metal have part of the soul of Congress so nothing happens.
     
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  6. Revoltingest

    Revoltingest I have the kavorka
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    I try to always carry change in order to use it up.
     
  7. robocop (actually)

    robocop (actually) Well-Known Member
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    They're giving my apartment complex free laundry machine operation, even though we get money from a bank weekly that has $5 worth of quarters.
     
  8. Valjean

    Valjean Veteran Member
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    Try a different bank. I think most banks have coin sorters.
     
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  9. Mestemia

    Mestemia Advocatus Diaboli
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    coin shortage.jpg
     
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  10. bobhikes

    bobhikes AntiRepublican
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    I use 3 banks none of them take rolled coins any more. You have to use their machine and each charges a percentage to use the machine. Two of them used to be free for customers but they stopped that last year. I have 2 jars of coins and an filling a third that they will never see.
     
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  11. Unveiled Artist

    Unveiled Artist Veteran Member

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    Hmm. I thought it just was my store here. They say we bring exact change or use card.
     
  12. Thief

    Thief Rogue Theologian

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    they won't be getting my stash

    it's MINE.....I saved it

    some day coin....will be the ONLY way to go

    I'm ready
     
  13. Thief

    Thief Rogue Theologian

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    I've noticed ....the ATM doesn't have cash ready every weekend
    then I have to drive to the bank and use the one there

    wtf
     
  14. Revoltingest

    Revoltingest I have the kavorka
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    Did @Thief steal all the missing coins?
     
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  15. Heyo

    Heyo Well-Known Member

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    Nomen est omen.
     
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  16. Heyo

    Heyo Well-Known Member

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    1. That seems to be a US specific problem. Wouldn't we expect to see that everywhere if it was caused by Cov19?

    2. Some businesses insist on card payment already because they fear the exchange of cash might be a way to spread the disease.

    3. The banks would love to get rid of cash altogether. Then they would control all transactions.
     
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  17. Harel13

    Harel13 Nin-Jew Master
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    My first thought when seeing this thread was remembering this scene:
     
  18. Revoltingest

    Revoltingest I have the kavorka
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    I'm indignant & ignant.
    (You forced me to google that!)
     
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  19. Saint Frankenstein

    Saint Frankenstein Ov Fire and the Void
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    As a cashier, I would love it if we did switch to card transactions only, at least for the duration of the pandemic, as it would make my job easier and more safe.
     
  20. Thief

    Thief Rogue Theologian

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    it's not stealing

    it's hoarding
     
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