The Coin Shortage: Is It Still a Problem?

It has been widely discussed, but is the coin scarcity that afflicted the US in 2020 still an issue? Yes, although not to the same extent as it once was. Although many businesses still have trouble getting coinage, things have changed from the previous year. Why is there a lack of coins?

The COVID-19 pandemic, which resulted in business closures and hindered the circulation of coins across the economy, caused the coin shortage to start in March 2020. Because of this, several shops and banks ran out of coins and were unable to provide change. In order to shield workers from the virus, the U.S. Mint also decreased coin manufacturing, which made the scarcity worse.

When using public laundries, bed bug exposure is a common concern. Although it is possible to acquire bed bugs from these establishments, the danger is minimal. Bed bugs can be easily carried on clothing or bedding and prefer to hide in fabrics. However, you may lessen the likelihood of bed bugs by taking precautions like washing your garments in hot water and drying them on a high heat setting.

You have a few options if you require rolled coins for commercial or domestic use. Even though many banks sell rolled coins, you might need to place an order in advance. Rolled coins are available at some supermarkets and shops, however you might have to pay a fee. You may roll your own coins at home using coin wrappers that you can buy. Which banks offer complimentary coin counters? Utilize a coin counting machine if you want to turn your loose change into cash. Some banks provide these machines to account holders without charging a fee, while others do. TD Bank, Capital One, and PNC Bank are a few institutions that provide free coin counters.

For many businesses, the coin shortage still presents a challenge, but things have changed from a year ago. There are various options available if you require rolled coins or wish to turn loose change into cash, including banks and businesses that provide these services. Although there is a small chance of encountering bed bugs at public laundromats, taking steps like washing your clothes in hot water and drying them on high heat will help lower the risk.