CORP/BIZ National coin shortage ?

bcingu

Contributing Member
I got a buttload in jugs, when I get enough I will cash them in and finally get my night vision.....
Just a note about your change jugs. Please do not take them to a coin machine or bank to turn in before you go through them. ANY DIME, QUATER, HALF OR SILVER DOLLAR BEFORE 1965 IS 90% SILVER.
WHO CARES YOU ASK?
$1.40 in dimes is one oz, $1.50 in quarters is one oz, $1.50 half dollars is one oz.

So for $1.40 in pre 65 dimes you can sell them for $17.84 as of 01:27 6/30/2020.

You can quickly amass a large amount of cash by checking just the date.
 

Countrymouse

Country exile in the city
Um . . . you know that the Federal Reserve does not make coins. . . right?
They are stamped out by the Mint, a department of the US Treasury.

Why would there be a coin shortage?

Happening here in GA.

A Quik-Trip NE of Atlanta couldn't give and WOULD NOT TAKE change---

they said "they're not making it anymore" (JUST LIKE THAT GUY SAY IN THE VISION) ---

said the Mint wasn't making coins because of Covid.

Since the process is MOSTLY mechanized---I ain't buying it (pun fully intended)

This is a Marxist/Globalist revolution we're seeing with the violence--it's gone FAR beyond "black vs white"

This is a Globalist attempt to hijack our election and OUR ECONOMY

We will soon see abolition of ALL cash (probably using Covid as the "excuse"---the money's not "safe") and the cashless, digital, fully-TRACEABLE, fully- CONTROLLABLE economy comes into being....

"no man might buy or sell, UNLESS....."

We're getting there.
 

Hognutz

Has No Life - Lives on TB
Just a note about your change jugs. Please do not take them to a coin machine or bank to turn in before you go through them. ANY DIME, QUATER, HALF OR SILVER DOLLAR BEFORE 1965 IS 90% SILVER.
WHO CARES YOU ASK?
$1.40 in dimes is one oz, $1.50 in quarters is one oz, $1.50 half dollars is one oz.

So for $1.40 in pre 65 dimes you can sell them for $17.84 as of 01:27 6/30/2020.

You can quickly amass a large amount of cash by checking just the date.
Way ahead of ya! I actually got a silver dime about a month ago...
 

tanstaafl

Has No Life - Lives on TB
For what it's worth I think the Federal Reserve keeps a stockpile of coins for disasters the same way they warehouse physical currency. I believe the U.S. Mint delivers the coins into the safekeeping of the regional Fed banks and I assume the regional Fed bank either keeps it themselves or contracts out the storage. So it's not entirely like the coins in circulation are it until the U.S. Mint can make more, but rather it's probably more a matter of the Federal Reserve deciding it's time to release the stored coins.
 

20Gauge

Has No Life - Lives on TB
my local hardware store will not accept cash.. at all.. anymore

my car insurance agent refused to take cash when I signed up

i made such a big stink that she eventually took it

(after she made 3 phone calls)

she told me its because they have to purolator their transactions to head office

so I told her if she distrusts purolator, its not my problem
The insurance is related to the risks involved with handling cash.....so their own insurance is higher.....I know funny, but in a lot of cases that is the reason for not handling cash.

In our case, cash or check is better as we save about 3% in fees.
 

zeker

Veteran Member
The insurance is related to the risks involved with handling cash.....so their own insurance is higher.....I know funny, but in a lot of cases that is the reason for not handling cash.

In our case, cash or check is better as we save about 3% in fees.
this (insurance company) was several yrs ago

long b4 covid crap
 
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