Wednesday, July 22, 2020

US Shops Are Running Out Of Coins By Ethan V.

                                                  US Shops Are Running Out Of Coins                      7-22-20
By Ethan V.
    As the COVID-19 pandemic continues, shops in the US are running out of coins for multiple reasons. First, most businesses that receive mostly coins from customers closed down because of COVID-19. This means that less coins are going to the banks and therefore the shops can't refill their change drawers. There are so few coins that Walmart is asking customers to pay with correct change or to use credit or debit cards. Some other businesses have just stopped taking cash completely.
    Another reason for the coin shortage is that because of COVID-19, the banks that have no coins are asking the mints for more coins but the mints don't have any to give. This is because it hasn't been safe for the workers to work at the mints during COVID-19.  
    Some businesses are swapping people's change for dollars bills in a effort to have some change in their stores. Also, many trade groups are encouraging people to get their coins back in play.
    One fun fact about coins is that Americans lose $62 million worth of coins on average in a year from dropping them or vacuuming them up. My mom told me that Momo has a gift for finding coins on the ground so she needs to look extra hard during this shortage.
Another shortage amid COVID-19: coins - DailyTrib.com

1 comment:

  1. LOL!!! Please know that your Mom also is great at finding coins on the ground. Recently, I found a quarter and a nickel which was extra pleasant. Usually I find pennies. I saw a sign yesterday at a grocery market asking for coins! You picked a great topic!

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