What are people doing with the coins?
I was checking out a Lowes last week and there was a sign at the register requesting customers use coins over paper money if possible.
First I’ve heard of it.
I always carry a handful of change with me into a store and often confuse the hell out of clerks and I count out change along with the bills I hand them.
I notice they rarely blow off the two cents when a sale is $20.02 and I don’t have the 0.02.
Fine. Here is $40.00. Make the damn change and I don’t want to hear your bitching. I tried.
Wanna bet this isn’t about coinage.
This is about contact tracing, getting folks to use plastic...
Under the guise of never letting a crisis go to waste, the ChinkFlu likely will accelerate the move to a cashless society. That and many young workers cannot calculate or count back change.
This could be part of the process to move us all to digital money, just like the virus was to get us all obedient through masking effort. With digital ID associated with the vaccine, there may be the carrot of Guaranteed Basic Income and the stick of Red China-like social credit status controlling travel and purchasing. Just looking at this as a systems thinker.
I was at a Love’s convenience store. They had a sign on the door saying they would exchange change for bills with no fee. I have a half gallon jug of coins, probably $300 worth. Normally I would have deposited it at my bank but the lobby has been closed since March. If Love’s has a coin counter I might take it in at some time.
Coins are becoming “precious metal”. ;)
I heard it was because the mint shut down/limited production due to COVID infections.
I’ve been refusing the change in coins lately or telling them to put it in the tip jar.
When every transaction can be tracked, every transaction can be taxed.
Not around here. I pester the cashiers for rolls of coins all the time. Go through them for collectibles. Maybe people are keeping all of those new quarters in collections. I am. The only coin shortage I’m aware of was due to the small numbers minted around 2009, and the rest of the Recession years. What really seemed to knock the loose change out of people was the high gas prices we had before the recession. Lots of half dollars were spent, quite a few diver ones, if my experience is any indication. Maybe if the Dems can tank the economy, all of those jars of coins will hit circulation again.
When they outlaw coins, only criminals will have change.
The economy shut down for a while, coins were not moving through the system but were instead stuck in shut down cash registers. The mint was also partially shut down due to Covid. That’s why.
Also - save any silver coins you get from 1964 and earlier. Those are the ones that have actual silver in them. Maybe. ;)
I am slowly going through my Grandpa’s Coin Collection to see if any of it is worth anything. I am pretty much saving the silver because it’s worth more than the collecting of it!
I asked an expert about the hundreds of Wheat Pennies he saved. Each one is worth 4-cents, and the oldest ones from 1917 are now worth 40-cents each. Whoop-dee-do! I gots me a $2.00 windfall!
But Grandpa DID have a lot of fun finding Wheat Pennies; he got us girls in on it too, so we were always on the lookout for them. When we gave him one, you’d think we were offering the Hope Diamond, LOL! Miss you, Grandpa! :)
Avoid Credit Card and Identity Theft, Abstinence works every time it is tried!! I f you don’t make any electronic transactions, you won’t get Pregnant!!!
Watch them use this "crisis" to ban cash transactions entirely.
This is just the leftists and the banksters pushing their war on cash.
The UP of Michigan has enough Copper and Iron to make coins for the rest of eternity. Nickle also.
They did make coins out of steel on time, so what the hell?