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Banks Out of Coins?
self | jimjohn

Posted on 07/15/2021 10:41:20 AM PDT by jimjohn

A Question. I first need to emphasize that I am NOT trying to scare anyone. With that said...

Approximately 1:20 pm at a Western NY Carry Out (7/11) I sign on the glass entrance door reads:

"Exact Change or CC Only - we have no coins!"

While inside, I heard the cashier state to the customer ahead me "The banks are out of coins!"

Has anyone heard anything similar in their area?


TOPICS: Business/Economy; Education; Government; Local News
KEYWORDS: banks; coinshortage; moreoldnews
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To: jimjohn

This has been an issue for about a year. Every store I’ve gone into since last spring has had that sign up. I am in New England.


41 posted on 07/15/2021 11:25:45 AM PDT by Vermont Lt
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To: jimjohn

And cash.

Multiple signs around town on store fronts of “Cash not accepted. Debit or Credit only!”

Local Chickafila is sending Social Media posts out looking for change.


42 posted on 07/15/2021 11:26:00 AM PDT by redgolum (If this is civilization, I will be the barbarian. )
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To: jimjohn

All the coins are sitting in people’s homes in jars. All the banks around here took out their coin counting machines that were accessible by the public.


43 posted on 07/15/2021 11:26:52 AM PDT by HP8753 (Live Free!!!! .............or don't. )
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To: Psalm 73

You need another bank. My bank used to love me bringing coins in. I horde them now. Lol.


44 posted on 07/15/2021 11:27:21 AM PDT by Vermont Lt
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To: jimjohn

I have coins! Shiite loads


45 posted on 07/15/2021 11:30:33 AM PDT by albie
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To: politicket

Who then is backing the coins, because they do not have value as metal (not much anyway)?


46 posted on 07/15/2021 11:34:42 AM PDT by Scrambler Bob (My /s is more true than your /science (or you might mean /seance))
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To: jimjohn

Banks are not out of coins. Banks dont want to pay for the manual transportation of coins. My nephew works for Loomis. Banks are reducing or stopping receiving coins all together.


47 posted on 07/15/2021 11:35:34 AM PDT by taxcontrol (You are entitled to your opinion, no matter how wrong it is.)
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To: jimjohn

https://www.msn.com/en-us/finance/markets/your-bank-or-grocery-store-might-be-out-of-coins-but-the-fed-says-theres-not-actually-a-shortage-people-just-arent-using-them/ar-AALoNfe


48 posted on 07/15/2021 11:37:35 AM PDT by E. Pluribus Unum ("Communism is not love. Communism is a hammer which we use to crush the enemy." ― Mao Zedong)
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To: SamAdams76
The quarters however, are still worth hanging onto.

Old Aggie joke modified for this crowd:

A Democrat and conservative were in the men's room at the urinals. The conservative said to the Democrat "there's a nickel in this urinal". When the conservative finished up, the Democrat threw a quarter into the urinal that had the niclel in it, the conservative asked him why. As the Democrat reached into the urinal to recover the nickel and quarter, he explained that it's not worth a nickel to stick his hand into a urinal.

49 posted on 07/15/2021 11:41:27 AM PDT by Mr.FixIt (Ethanol: Growing in four months what the U.S.A. burns in one day)
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To: Tamatoa

so Biden is taking his 10% in quarters and dimes


50 posted on 07/15/2021 11:41:37 AM PDT by butlerweave
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To: Daffynition

That 1962 nickel is silver I think and Canada doesn’t use the cent anymore so are Canadians spending them in the US ,LOL


51 posted on 07/15/2021 11:44:28 AM PDT by butlerweave
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To: jimjohn

I need quarters to do laundry, and when I went to the bank at the beginning of the pandemic, they would only give me one roll of quarters. I haven’t had any trouble getting quarters or other coins in change at the stores, though.


52 posted on 07/15/2021 11:44:46 AM PDT by Nea Wood (Satan was the first liberal.)
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To: jimjohn

My local WalMart is not accepting cash at it’s self checkout machines. Debit card or credit card only.

This happened one before late last year, and a cashier told me at the time that production lines at the U.S. mints had ceased because of the Chinese virus.


53 posted on 07/15/2021 11:51:21 AM PDT by july4thfreedomfoundation (No masks necessary? I guess voting by mail will be eliminated for 2022 and 2024. Yippee!)
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To: SkyDancer

Can I put it on s charge card? At least I’ll get air miles (I won’t use).


54 posted on 07/15/2021 11:51:39 AM PDT by moovova (Yo GOP....we won't forget.)
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To: jimjohn

Yes. Its not new.


55 posted on 07/15/2021 11:53:41 AM PDT by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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To: jimjohn

It’s been going on for over a year.

I haven’t noticed any shortage.


56 posted on 07/15/2021 11:56:31 AM PDT by metmom (...fixing our eyes on Jesus, the Author and Perfecter of our faith……)
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To: DJ MacWoW
A scheme to force digital only? Hmmm........

Obviously.

57 posted on 07/15/2021 11:58:00 AM PDT by metmom (...fixing our eyes on Jesus, the Author and Perfecter of our faith……)
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To: precisionshootist

“I actually think this is part of the war on cash. It’s a commie plot to incrementally get rid of cash transactions.”

Wrong,

Cash is disappearing because our bonehead population only wants to use plastic.(gotta get those frequent flyer kickbacks)

So the financial sector is reciprocating. (Supply & Demand)


58 posted on 07/15/2021 12:02:27 PM PDT by unclebankster (Globalism is the last refuge of a scoundrel)
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To: jimjohn

Early stages of NESARA/GESARA?


59 posted on 07/15/2021 12:05:18 PM PDT by wastedyears (The left would kill every single one of us and our families if they knew they could get away with it)
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To: jimjohn

This was a problem around here while the banks had their lobbies closed and were drive through only because nobody could bring in their coins and they weren’t accepting them in the drive through.

Then they realized the stupid and changed their policies and the coin shortage was over.

We usually empty our pocket change into a coffee can and haul it in every few months, but it was about 9 months of stupid and we had quite a backlog built up. Had the same issue with bottle/can returns also.


60 posted on 07/15/2021 12:07:13 PM PDT by Valpal1
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