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Joined: Sep 2005
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Went To Meijers today mostly to buy beer for the long weekend. stood inline at the self scan to get up there and see a small note closed to all but Electrical payment! I pay with CASH, so I had to get in another long line! saw a Manger and he said that theres a Coin shortage now, because the mints have been closed due to the C19 crap! 1st that Iv heard of it! has anyone Else? this is in Northern Michigan! I Find it hard to Belive!

Last edited by saddlering; 07/02/20.

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Ive seen signs in Georgia. It dies not make sense unless the feds are pulling coins out of circulation.

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That manager doesn't know what he is talking about. It's just that simple. He invented a narrative in his head why his local bank has a shortage of coins. It may be something as simple as they had a bunch, sent it off, and then there was a crunch. Banks don't keep a huge stock of coin or cash on hand, because of bank policy, not because of Covid. Idiots everywhere.


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This has been all over the news since yesterday.

It's a real shortage apparently.

Quote
The coronavirus crisis has sparked a nationwide coin shortage that reportedly has retailers pleading with customers for exact change.

The Federal Reserve revealed last month that the pandemic had “significantly disrupted” the supply chain and circulation patterns for America’s metal money. The US Mint has slowed production of coins because of measures meant to protect workers amid the crisis, while coin deposits from banks have also fallen in the past few months, the central bank said.

With demand for coins rising as states began to reopen, the Fed on June 15 started limiting how many pennies, nickels, dimes and quarters it distributed to banks as part of its efforts to “mitigate the effects of low coin inventories.”

Retailers have since started advising customers that coins are in short supply. Some Lowe’s hardware stores have posted signs urging shoppers to pay with exact change or use other forms of payment, as have convenience stores such as 7-Eleven, Pilot and Circle K, according to news reports and social media posts.

“At this point we’re having to call daily to get coin,” Karen Gordon, a 7-Eleven franchisee in Elmira Heights, NY, told local NBC affiliate WETM. “The most we’ve been able to get is $122.”

Supermarket chain Meijer has reportedly taken a different approach by banning cash payments in its self-checkout lanes until the shortage ends. The Michigan-based company is still accepting bills at its staffed cash registers, according to MLive.com.

“While we understand this effort may be frustrating to some customers, it’s necessary to manage the impact of the coin shortage on our stores,” Meijer spokesman Frank Guglielmi told MLive.com.

Fed chairman Jerome Powell recently told lawmakers that the shortage was likely temporary. Coin circulation was starting to improve as states eased lockdowns meant to control the deadly coronavirus, he said at a hearing last month.

“Stores have been closed. The whole system of flow had come to a stop,” Powell told the House Financial Services Committee. “As the economy reopens, we’re seeing coins begin to move around again.”


https://nypost.com/2020/07/01/national-coin-shortage-has-retailers-pleading-for-exact-change/


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First time I saw or heard of it was this morning in a convenience store. Stopped for gas, went in to pre-pay with cash like I always do; saw the signs about a coin shortage and asking folks for exact change and if you didn't have exact change you could round it up for some other charity or something. Didn't pay it no mind as my transaction was a straight paper money deal. Things are getting weird indeed.

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Saw signs to that affect here in South Texas also.

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Thanks guys, its Not been on the News here! another way to stop us from having Money!


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Originally Posted by saddlering
Thanks guys, its Not been on the News here! another way to stop us from having Money!



It sure is a possibility.

They want you to use cards so they can trace every transaction, and shut it of when they want.


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Got $100.00 in pennies, nickels, dimes and quarters all rolled up and ready to go. What is your bid?


I am..........disturbed.

Concerning the difference between man and the jackass: some observers hold that there isn't any. But this wrongs the jackass. -Twain


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Ok, bums and meth heads to the rescue

Around here they buy scratch offs with nickels and pennies

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Saw it at a few places here.
Pandemic used to push the agenda #3, cash has to go, because the virus could be passed on the cash.

Never let a good crisis go to waste.



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So we expect to see fat guys at guns shows selling change now?

What type mark up?

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First they came for the toilet paper, and no one did anything to stop them. Then they came for the coins......



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CA I was asked by the local Quick Stop to bring in coins and they would buy them. Said tyhe banks are not giving them rolls.







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Originally Posted by DigitalDan
Got $100.00 in pennies, nickels, dimes and quarters all rolled up and ready to go. What is your bid?



Crisp $100 bill.

Plus, I'll throw in a roll of toilet paper, and a box of .22lr.

laugh


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All I use is cash. They don't want cash, I'll go somewhere else. I'm not buying into this no cash system. Sweden has already done it. They don't take cash. You can't even get cash. Then every few months they ask a bunch of questions. If you don't answer them, your credit card doesn't work.


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Guy on the radio in Nashville talk station, said he took all his change to cash it in, his bank refused it said they didn’t have any way to ‘clean it’ so he took it Publix and they was damn glad to get it.

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People are using them to keep their rare and precious zip-loc bags from blowing away.

Sometimes you have to be able to put two and two (too and to for some of you) together.


What fresh Hell is this?
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News to me?


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It may be, the real shortage is, common cents.


These premises insured by a Sheltie in Training ,--- and Cooey.o
"May the Good Lord take a likin' to you"
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