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originally posted by: carewemust
a reply to: olaru12
I just left the gas station with a Sign by the cash register saying due to a Federal Reserve coin shortage, only exact change will be accepted.
In a nutshell, the pandemic slashed the normal flow of coins in circulation through stores and businesses, U.S. Mint spokesperson Michael White said.
“During this pandemic, the demand for circulating coins has drastically increased, in part, because precautions taken throughout the nation to slow the spread of the virus have reduced retail sales activity and significantly decreased deposits from third-party coin processors,” White said.
Throughout this pandemic, fewer customers have been using cash to shop, to avoid hand-to-hand contact with store staff, as well as just generally shopping less in brick-and-mortar businesses. That puts fewer coins into circulation, contributing to the shortage.
originally posted by: carewemust
a reply to: olaru12
I just left the gas station with a Sign by the cash register saying due to a Federal Reserve coin shortage, only exact change will be accepted.
I have been saving all my pocket change for 15 years. I just threw it all in a large container in my studio.
I have been reading other conspiracy sites that warn of a coming cashless society and now some grocery stores only take credit cards.
originally posted by: Trueman
a reply to: olaru12
I'm pretty sure you had some really collectable coins with considerable value mixed. That kind of mistake happens a lot.
originally posted by: olaru12
originally posted by: Trueman
a reply to: olaru12
I'm pretty sure you had some really collectable coins with considerable value mixed. That kind of mistake happens a lot.
Yes, probably...
Why would covid19 cause a coin shortage?
www.coinworld.com...
originally posted by: MetalThunder
a reply to: olaru12
Mints closed due to virus shutdowns ....
And there was the Great American Coin Hunt 2019 ....