Is the so called : Federal coin shortage authentic. Or manufactured?

posted 2 years ago by Island_Photo 2 years ago by Island_Photo +17 / -0

well is it just a hard currency grab?

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– Swervish 3 points 2 years ago +4 / -1

ABSOLUTELY BULLSHIT.

I am a coin collector. One of my favorite things to do is search through circulated coins to find collectables and silver.

I pick up... hold yer butt... around $8,000 worth of half dollars (16 boxes) every week from 5 local branches, plus an assortment of quarter dimes and nickles. I search through them while I listen to various podcasts, and return them to a branch that will intake, count, and deposit them for me at no charge. BAD ASS bank that I will never leave. I have my mortgage and my car loan through them even though I could beat the rates elsewhere... there is no price for great old fashioned customer service.

THERE IS NO COIN SHORTAGE... what? do you think they ran away? or got abducted by aliens? The national banks just wont order them from the rolling services anymore.The major national banks WILL NOT provide the customer service required to order boxed coins from Loomis, Brinks etc, and hold them in their safes.

Its not a coin shortage... its a customer service shortage. Period.

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– Island_Photo [S] 1 point 2 years ago +1 / -0

I am thinking it is more than customer service issue... It seems to affect mostly large businesses ones that have self check outs with video capture..one location today told me that because of the shortage they could only provide coins to live cashiers... So anyone who uses a credit card is definitely on camera with a record of what they are buying... I have noticed over several weeks of observation that it is only at high traffic times when the self check outs are credit only.. So it seems discretionary... Perhapsthey are getting kickbacks (credit discounts from their banks) for video footage? Or someone else is buying video/location footage?

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