Federal Reserve coin distribution shortage. Local Businesses in dire need of coin currency.
Letter: Sell your coins to businesses - from toilet paper shortage to coin shortage
Submitted by Anonymous on Sun, 07/19/2020 - 5:44pmThe U.S. Federal Reserve has limited the distribution of coin currency due to the Covid-19 Virus.
"Business and bank closures associated with the COVID-19 pandemic have significantly disrupted the supply chain and normal circulation patterns for U.S. coins. While there is an adequate overall amount of coins in the economy, the slowed pace of circulation has reduced available inventories in some areas of the country," says the Federal Reserve (read more here).