Lemme hold a dollar. Quarter? Coin shortage?

If some of the banks would allow non-rolled coin deposits, it would help...
yeah, food lion and some wallys have the coin star, but what is it now 10-12% take?

yeah, SECU has 'free' coin count.. but not a member :(
 
Inconvenient coincidence or gov overreach ? Have another drink and decide.

My wife manages a large retail store and they got NO change on their coin delivery this week.My desk drawer of rolled coins that I have been adding to for years is almost empty.Not happy at all.
 
llaht said:
If some of the banks would allow non-rolled coin deposits, it would help...
yeah, food lion and some wallys have the coin star, but what is it now 10-12% take?

yeah, SECU has 'free' coin count.. but not a member :(
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I thought at Food Lion they don’t take the service charge if you use it to buy food? CFCU use to have a free machine for deposits but last time I dumped coins it was for gift cards.
 
My business in Illinois has a division that runs laundromats. We've been forced to convert to tokens in place of quarters. Once the coins are back in supply I'm not sure we're going to convert back. If people don't cash in the token they paid cash for at the laundry we win.
 
llaht said:
If some of the banks would allow non-rolled coin deposits, it would help...
yeah, food lion and some wallys have the coin star, but what is it now 10-12% take?

yeah, SECU has 'free' coin count.. but not a member :(
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Pretty sure you get 100% if you will accept it in the form of an Amazon gift card. Otherwise, there is a fee for a cash reimbursement.

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Gator said:
Pretty sure you get 100% if you will accept it in the form of an Amazon gift card. Otherwise, there is a fee for a cash reimbursement.

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Yep. That's my experience.
 
Well just got back from the Family Dollar. Had to buy eggs since we have the Broody hens sitting on Eggs. $1.25 for a dozen eggs.
Sign on the doors says, debit cards and credit cards only. Well crap, I brought correct coin change this time. I get to the register and there’s the sign. No $100 bills, no $50 bills, no change. I jokingly tell the clerk I have a pocket full of change. She tells me I can pay cash if I have correct change. I only have tens and twenties and one dollar in coins. She couldn’t do any paper change. WTH.
 
I remember heading in the early days of covid that China was destroying cash to help prevent the spread. One would assume that's happening here but we should have heard about it. I suspect it's a push to cashless society. .GOV wants it so badly so they can track our spending even more closely. The thought of you paying in cash to another individual and then not getting their cut infuriates the hell out of them.
 
Brian K said:
I remember heading in the early days of covid that China was destroying cash to help prevent the spread. One would assume that's happening here but we should have heard about it. I suspect it's a push to cashless society. .GOV wants it so badly so they can track our spending even more closely. The thought of you paying in cash to another individual and then not getting their cut infuriates the hell out of them.
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This.
 
Wasn't there an article not too long ago about the government tracking covid and the efficacy of stay at home orders through mobile phones and credit card purchases?
 
No conspiracy. Think what is sitting at every closed down shop, barber or you name it right now. The drawer in the cash register with coins. That are not getting back in circulation. Are they being missed? Of course they are. And the federal mint shut down for a while and is not running at full capacity they stated.
 
cubrock said:
My wife posited that part of it could be all the people who haven't been able to go into a branch with their rolled/bulk coinage like she does about once a month. Credit Union has a coin machine where she dumps the month's change. She hasn't done that since the end of March.
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Bingo. Given the economic climate it will get turned into a reason to not use cash at Walmart and we all know Walmart leads to other retailers following. Not many people know retailers must BUY coins for change, not trade dollar for dollar.

I had a convenience store refuse my change a couple weeks ago which was $12. Couple days ago they couldn’t make change for customers so they were leaving.
 
There are a lot of coins sitting in safes at shut down restaurants. As much as $600 worth is not unusual. I have no idea what a retailer who has seen zero or limited business has sitting in a safe. Given the amount of people not eating out that money never circulates. When this is all over it will be an excuse to only pay with plastic. There are soooo many businesses that report sales short of the truth plus stick the extra 7% tax in their pocket.

I sitting here racking my brain about how some will operate in a cashless society. Drug dealers, construction, forum sellers, and most of all strippers. How do you make it rain for the girls? You hand a credit card to a strip club waitress now and they will charge you for 50 whiskey sours I’m told. Escorts- oh lord. Divorce lawyers gonna get rich, men gonna get poor.
 
The local Mom & Pop convenience store needed change over the weekend. I went home and pull our coin jug from the kitchen pantry where we dump change for a “special day” fund to help them out. The damn thing was maybe 1/4 ... and we haven’t touched it for 3 years. Use to we’d fill it in a year but with the shift to using credit cards for everything we don’t have pocket change anymore ... just three or four times a week (drive thrus mainly)and then it goes in the cup holder in the truck until we bring it in the house.

I managed to scrape up a little over $75 in everything from pennies to quarters ... the lady didn’t even count it and handed me 4 $20 bills, said THANK YOU! and bring any change anytime. Small stores like them are having a hard time with the change thing more than the Sheetz, Circle K’s, etc ...
 
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llaht said:
If some of the banks would allow non-rolled coin deposits, it would help...
yeah, food lion and some wallys have the coin star, but what is it now 10-12% take?

yeah, SECU has 'free' coin count.. but not a member :(
Click to expand...

You can still do it at SECU if you aren't a member but it's not free.
 
Well yesterday Wally World would only take a debit or credit card from me, no cash.
Today I go to Food Lion for ice cream and pay with cash and got change back. I made a comment about actually getting change. The cashier said they had plenty of change. She said that the other stores were breaking the law By not giving change or some sort of gift card. It seems like some places may be taking advantage of the current situation. Where is my tin foil hat?
 
We've been printing signs for food service places at work, saying exact change, or credit/debit only, no cash at all. It's being pushed for sure by many a business.

Sent from my moto g power (XT2041DL) using Tapatalk
 
The sheets here in burlington is giving back gift cards with your change amount on it. Today I got back an actual buck and a gift card for 18 cents
 
Wonder if businesses will be raising prices 2% to 3% to cover the service charges for this crap.
 
Stick Man said:
We've been printing signs for food service places at work, saying exact change, or credit/debit only, no cash at all. It's being pushed for sure by many a business.

Sent from my moto g power (XT2041DL) using Tapatalk
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I've been carrying lots of change with me and paying with exact change as much as possible. I asked one place that demanded exact change if the next person in line could get change back, since I had just given the cashier a bunch of coins. She just gave me a blank stare.
 
Took $28.00 in pennies to the bank today, all rolled. Teller says because it's coins she has to see my I/D. What???? I'm at the bank I've been with forever, using a pre-printed bank issued deposit slip with my name, address and account number on it and I'm not asking for money back, just making a deposit. I told her it made no sense but I just let it go.

Then dropped of fanother $26.00 in pennies, nickles and dimes at the Coinstar because I didn't have any more coin wrappers and got the gift card for Amazon. So for now the coin crisis has been averted.

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Gator said:
Took $28.00 in pennies to the bank today, all rolled. Teller says because it's coins she has to see my I/D. What???? I'm at the bank I've been with forever, using a pre-printed bank issued deposit slip with my name, address and account number on it and I'm not asking for money back, just making a deposit. I told her it made no sense but I just let it go.

Then dropped of fanother $26.00 in pennies, nickles and dimes at the Coinstar because I didn't have any more coin wrappers and got the gift card for Amazon. So for now the coin crisis has been averted.

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I banked somewhere that did that. Apparently, some folks will fill the rolls with non-coin material.
 
We saved change for a rainy day/vacation. The jar full was usually ~$400. We've more than double that now. I was hoping for change to go higher than face value and cash in.
NCFubar said:
The local Mom & Pop convenience store needed change over the weekend. I went home and pull our coin jug from the kitchen pantry where we dump change for a “special day” fund to help them out. The damn thing was maybe 1/4 ... and we haven’t touched it for 3 years. Use to we’d fill it in a year but with the shift to using credit cards for everything we don’t have pocket change anymore ... just three or four times a week (drive thrus mainly)and then it goes in the cup holder in the truck until we bring it in the house.

I managed to scrape up a little over $75 in everything from pennies to quarters ... the lady didn’t even count it and handed me 4 $20 bills, said THANK YOU! and bring any change anytime. Small stores like them are having a hard time with the change thing more than the Sheetz, Circle K’s, etc ...
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Thanks, I'm going to check with our neighborhood family corner store/meat market with a gun's are welcome here sign on the door.
 
Before I moved here my bank up north made you put a open account number on the rolls. It was for the same reason some people would put other material inside rather then coins. I laughed since I figured how much could you really make doing this. The teller said you wouldn't believe what people try to pull here.
 
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Looks like the shortage is slowly going away, but yet I don't get out much. If small bills come up short, hunker down because endgame is near; the transition is imminent.
 
Jim1392 said:
Before I moved here my bank up north made you put a open account number on the rolls. It was for the same reason some people would put other material inside rather then coins. I laughed since I figured how much could you really make doing this. The teller said you wouldn't believe what people try to pull here.
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I took the time to write my account number on 56 rolls of pennies. The teller told me you don't have to do that anymore. Who knows?

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I was just going through a coat closet, and on top of a mini-shelf that sat on the top of the main shelf was a small cardboard box. Inside the box are 16 rolls of $1 coins ($400). I had no idea. I need to look at them to see if they are 'investment' material, or 'buy ammo' material.
 
Chuckman said:
I was just going through a coat closet, and on top of a mini-shelf that sat on the top of the main shelf was a small cardboard box. Inside the box are 16 rolls of $1 coins ($400). I had no idea. I need to look at them to see if they are 'investment' material, or 'buy ammo' material.
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If you spend them ... you gotta go somewhere like Taco Hell, Popeyes or such and use them at the drive thru ... some cashiers get the best blank look on their faces not noting what to do with them ... :D
 
elmostump said:
Ran into this situation today at the dreaded WM , yes I know but I was in a hurry for oil filter for my truck, I was told by the associate that none of the self checkout stations accept cash, Because I had never heard on a national chance shortage, and yes I apologized for saying (Loudly) this is the stupidest thing I had heard of. I don’t use my credit card at WM! Sorry for the inconvenience, ma’am!
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When the put in the first generation self checkouts by NCR, it always crashed using my Amex card, they would go to the office and look at the transaction journal and see I was charged and it was approved. Then they refunded my total order and I got to keep the full cart of stuff. This would happen each week no matter which SCO I used, I even offered to show up when the NCR tech arrived to let them trace what was going on. They fixed it without my help about two months later.
 
I guess the US Mint is not considered 'Essential' these days, DC is shutdown except for skeleton crews.
 
Coltdefender1911 said:
I’m not fully on board with this “shortage” it seems manufactured to me. A push for cash less for more snooping and control.
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Out of three banks that I deal with on a weekly basis, none have a shortage of coins. We call, they have change orders ready when we get there.
 
2 weeks ago we ate at Craxker Barrel. Our bill was 25.10. I gave the girl 26 bucks. She told me she didn’t have any change and that she was sorry. I might be a asshole but if it was 3-4 cents I would have been OK. I’m not given up .90 cent. I told her she needed to give me my change or change the bill to 25 even. She called the manager over and he started about the coin shortage. I told him that was his issue and not mine. I told him I would have been a little more understanding but when I couldn’t switch the fried apples that came to the meal for something I would eat so I told him that I’m not willing to break my rules either. If I didn’t get my change I would call the police and report a theft. Yes I went a little to far maybe but he paid the .10 cent.
I have enough of my money taken by the Government , don’t want private businesses doing it too.
 
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