| Author |
 Replies: 19 / Views: 3,290 |
Page 2 of 2
|
|
|
|
Pillar of the Community
United States
1231 Posts |
And no I'm not one of those people
|
|
Bedrock of the Community
United States
19202 Posts |
No issue with coins at my two primary bank branches.
|
|
Pillar of the Community
United States
1613 Posts |
Must be a sporadic thing. I'm getting plenty of 2022 cents, nickels and dimes every day after paying for my coffee. Mostly the 2021 Washington Crossing quarter followed closely by the Sally Ride.
ANA member - PAN Member - BCCS Member There are no problems only solutions - the late, great John Lennon
Edited by Ballyhoo
07/24/2022 10:01 pm
|
|
Pillar of the Community
United States
3402 Posts |
My banks have signs up limiting the amount of rolled coins one can have...but these guidelines are not followed. I have no problem getting all coins except for halves.
KK
|
|
Valued Member
United States
266 Posts |
A lot of people are hoarding pre1982 pennies and all nickels in the hopes that the commodity prices will rise and the restriction on melting them would be removed. I think such behavior is anti-societal and kinda foolish. How many tons of nickels would you have to hoard to be worth anything? Alot.
|
|
Bedrock of the Community
United States
20753 Posts |
Not sure but I think just way to many people hoarding coins as if they will be like Gold.
|
|
Pillar of the Community
United States
3402 Posts |
Quote:
...as if they will be like Gold. Poor Man's Gold...I'm guilty as charged...Got a 5 gallon bucket full.  KK |
|
Moderator
 United States
189340 Posts |
I keep all my 95% copper cents. My goal is to keep them from the melting pot. I doubt I will ever see a profit from them.
|
|
Valued Member
United States
94 Posts |
During the pandemic in spring 2020 the fed reduced production to help protect employees. They did increase later in the year but the reduction certainly rippled through the economy. Plus numerous businesses and banks closed further changing the dynamics. At one point the fed was asking folks to not hoard coins and spend or deposit them.
|
|
Bedrock of the Community
Australia
21788 Posts |
If I was a hoarder, (which I am not), I would be a bit like Scrooge McDuck, but with a difference: I would have Cent signs in front of my eyes !  |
|
Pillar of the Community
United States
4085 Posts |
Coin shortage = We Don't Feel Like Making Change
|
|
Pillar of the Community
United States
3848 Posts |
I don't think there is a drastic increase of coin roll hunters, or people hoarding copper cents to justify a national "coin shortage". I think it costs more for the banks to get the boxes of change shipped, so they order the bare minimum needed, and reduce the amount they give to coin enthusiasts. There are plenty of coins out there, just laziness and excuses are keeping the coins in the vault. Just my opinion and observations, I have not searched for any concrete evidence to back them up.
Suffering from bust half fever. Want to learn how to attribute early half dollars by die variety? Click Here: http://goccf.com/t/434955Shoot me a PM if you are looking to sell bust halves. |
|
Pillar of the Community
United States
3327 Posts |
 The problem may also lie with reduced requests for coins by the retailers and with increased use of electronic payments. I went to McDonald's a week or so back and all they had in the registers were quarters. "Nummi rari mira sunt, si sumptus ferre potes." - Christophorus filius Scotiae
|
|
Bedrock of the Community
United States
19202 Posts |
Not sure about the laziness assessment.
Over the last 10+ months I've had no problem obtaining rolls from three major banks and their many branches out west. Sure, I might not be successful walking out with a handtruck load of boxes weekly, but I do have handfuls of rolls over the same period.
|
|
Moderator
United States
189340 Posts |
Quote:
Coin shortage = We Don't Feel Like Making Change Or we do not feel like paying with exact change.  |
|
Page 2 of 2
|
Replies: 19 / Views: 3,290 |
Page 2 of 2
|
First Page
Posted 07/24/2022 9:29 pm
