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<p>[QUOTE="paddyman98, post: 7798236, member: 44615"]This is an issue that's been going on recently.</p><p>I read this interesting article this morning.</p><p><br /></p><p>Quote - "<b><font size="5">Is there a national coin shortage?</font></b></p><p>First -- as the Federal Reserve wants you to know -- the problem is not a lack of coins. The Fed said it's producing enough of them, minting 14.8 billion pennies, nickels, dimes, quarters, 50-cent pieces and dollar coins in 2020, a 24% increase from the 11.9 billion coins produced in 2019.</p><p><br /></p><p>Instead, the Fed says, the problem is that due to the pandemic the coins are collecting dust in homes and businesses when they should be continually circulating through the economy." closed quote</p><p><br /></p><p>Quote - "<b><font size="5">How can we get more coins circulating?</font></b></p><p>The Federal Reserve is concerned enough about the coin supply problem that it's convened a U.S. Coin Task Force to look for ways to get coins moving.</p><p><br /></p><p>To start, the task force encourages individuals to start spending their coins, pay with exact change, deposit spare coins at a financial institution and redeem coins at a coin kiosk or recycler." Closed quote</p><p><br /></p><p>You can read the full story here -</p><p><br /></p><p><a href="https://www.cnet.com/personal-finance/your-money/what-national-coin-shortage-heres-the-scoop-on-your-quarters-dimes-and-nickels/" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.cnet.com/personal-finance/your-money/what-national-coin-shortage-heres-the-scoop-on-your-quarters-dimes-and-nickels/" rel="nofollow">https://www.cnet.com/personal-finance/your-money/what-national-coin-shortage-heres-the-scoop-on-your-quarters-dimes-and-nickels/</a>[/QUOTE]</p><p><br /></p>
[QUOTE="paddyman98, post: 7798236, member: 44615"]This is an issue that's been going on recently. I read this interesting article this morning. Quote - "[B][SIZE=5]Is there a national coin shortage?[/SIZE][/B] First -- as the Federal Reserve wants you to know -- the problem is not a lack of coins. The Fed said it's producing enough of them, minting 14.8 billion pennies, nickels, dimes, quarters, 50-cent pieces and dollar coins in 2020, a 24% increase from the 11.9 billion coins produced in 2019. Instead, the Fed says, the problem is that due to the pandemic the coins are collecting dust in homes and businesses when they should be continually circulating through the economy." closed quote Quote - "[B][SIZE=5]How can we get more coins circulating?[/SIZE][/B] The Federal Reserve is concerned enough about the coin supply problem that it's convened a U.S. Coin Task Force to look for ways to get coins moving. To start, the task force encourages individuals to start spending their coins, pay with exact change, deposit spare coins at a financial institution and redeem coins at a coin kiosk or recycler." Closed quote You can read the full story here - [URL]https://www.cnet.com/personal-finance/your-money/what-national-coin-shortage-heres-the-scoop-on-your-quarters-dimes-and-nickels/[/URL][/QUOTE]
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