Coin shortage?

Discussion in 'Coin Roll Hunting' started by Dougmeister, Jul 11, 2020.

  1. Dougmeister

    Dougmeister Well-Known Member

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  3. Histman

    Histman Too Many Coins, Not Enough Time!

    It has finally come to my small neck of the woods too. Talked to my person yesterday (told her about the situation about five or six weeks ago) and she said Mechanics Bank just sent down the word. They are limited to ordering $2,000 per denomination each week. Not as bad as some of the stories I've heard, but still a limit on the coins.
     
  4. Collecting Nut

    Collecting Nut Borderline Hoarder

    No shortage in my area.
     
  5. manny9655

    manny9655 Member

    Many merchants and restaurants are not accepting cash now. That is why. Some haven't for a while. It's all part of the plan to reset to a cashless economy. If your local store won't give exact change back, then I have a solution: Next time you go there, pay in all the coins you would have dumped at your dump bank from CRH. Problem solved...
     
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  6. nickelsorter2017

    nickelsorter2017 Active Member

    I have just started spending the Dollar and Half Dollar coins that I hoarded in early March before the lock down. $200 in $1 and $100 in 50c. It's not much, but nobody in the small towns I frequent use them.
     
  7. slackaction1

    slackaction1 Well-Known Member

    Just curious when did they start machine wrapping coins? like what year. There is no uncirculated liberty quarters if machine wrapping started 30's ..
     
  8. furryfrog02

    furryfrog02 Well-Known Member

    Saw my first sign today:
    B08504D3-9CC3-4603-B4E8-1ADC2E505781.jpeg
     
  9. manny9655

    manny9655 Member

    Too bad machines like that won't take JFK's...
     
  10. furryfrog02

    furryfrog02 Well-Known Member

    I am glad I stopped searching halves right before this virus shut everything down.
     
    Kasia and manny9655 like this.
  11. mullinax01

    mullinax01 Member

    so I was traveling through Georgia this past weekend, and stopped at a fast food place that had a sign up that said something along the lines of "PLEASE let us buy your coins from you! Please pay with coins!"
    I just so happened to have 3 rolls of nickels with me, and my total was about $6, I give the girl the nickels. She looks at me with this confused look and says "what are these". I said well it's $6 worth of nickels to pay for my meal. She just stares at me and there is an awkward 5 seconds of us just looking at each other and she says, "I don't know what I'm supposed to do with these" I kindly tell her that the sign says to please pay in coins and thats what I'm trying to do. She finally says that she doesn't understand what I'm trying to do and going to have to go get the manager. They were wearing masks so I'm not sure what was said, but the manager looked at her like she was an idiot and she comes back to the window with my food and a few cents in change.
     
  12. manny9655

    manny9655 Member

    I'll bet you anything you want that the vast majority of millennials have never seen a JFK half dollar, an Ike dollar, an SBA dollar, a $2 bill (They're still being printed, BTW), and wouldn't know what to do with them if they got one. When I get JFKs, I like to spend the ones I don't keep (I don't buy whole boxes, just a few rolls at a time).
     
    xCoin-Hoarder'92x likes this.
  13. xCoin-Hoarder'92x

    xCoin-Hoarder'92x Storm Tracker

    Grocery stores in my town are instructed not to give change back if a customer didn't pay the exact amount in cash, at least that's what Fred Meyer and the other large chain stores have told their employees. My parents both work at Fred Meyer and can confirm this.
     
  14. furryfrog02

    furryfrog02 Well-Known Member

    How is that legal? Just curious?
     
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  15. xCoin-Hoarder'92x

    xCoin-Hoarder'92x Storm Tracker

    I'm not sure 100% how it works. I think if you're within a few cents or a dime off the amount they can give it, and I've heard if you round up that difference can be donated to charity. I just went to a store today and the clerk asked if I wanted to round up doing that.
     
  16. xCoin-Hoarder'92x

    xCoin-Hoarder'92x Storm Tracker

    Here's an article on Kroger's change back comment
    https://abc7.com/coin-shortage-us-pandemic-covid-19-change-coins/6316672/
     
    furryfrog02 likes this.
  17. xCoin-Hoarder'92x

    xCoin-Hoarder'92x Storm Tracker

    That's almost as interesting as the stories where $2 dollar bills result in the manager coming out and police get called on the customer. ;)
     
    jacksbike likes this.
  18. manny9655

    manny9655 Member

  19. -jeffB

    -jeffB Greshams LEO Supporter

    Here's hoping that there aren't "enough people" doing that, then. Most people are reasonable, and understand that these are unusual circumstances. I mean, if they can't get change from their bank, what do you want them to do? Close their doors? Cut out cash payments completely?
     
  20. -jeffB

    -jeffB Greshams LEO Supporter

    Kroger (the deserting jerks) had machines that wouldn't take halves, but then they pulled out of our state.

    Food Lion's machines took them, I think, but then they removed ALL their self-checkout lanes.

    Harris-Teeter's machines and Walmart's machines are happy to take halves, as are CoinStars, of course. I don't believe any of the machines will take Ikes.

    Five or ten years ago I asked at a bank if they had any half dollars, and they came out with an envelope marked "half dollars", but containing Ikes. They charged me a dollar apiece, but I wouldn't be surprised if they paid the depositor half that.
     
  21. Collecting Nut

    Collecting Nut Borderline Hoarder

    I agree completely!
     
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