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Coin Shortage? Where Are All The Coins?

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Pillar of the Community
United States
2067 Posts
 Posted 08/06/2022  3:46 pm  Show Profile   Bookmark this reply Add jacrispies to your friends list Get a Link to this Reply
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.
Pillar of the Community
United States
2355 Posts
 Posted 08/06/2022  4:40 pm  Show Profile   Bookmark this reply Add Bump111 to your friends list Get a Link to this Reply


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
Pillar of the Community
United States
8962 Posts
 Posted 08/06/2022  5:01 pm  Show Profile   Bookmark this reply Add ijn1944 to your friends list Get a Link to this Reply
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.
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United States
114863 Posts
 Posted 08/08/2022  11:07 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Coin shortage = We Don't Feel Like Making Change
Or we do not feel like paying with exact change.
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