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National Coin Shortage Leaves Retailers Scrambling for Change

Laundromats, vending machine operators hit as coin circulation remains sluggish

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National Coin Shortage Leaves Retailers Scrambling for Change
An employee takes money from a customer at the cash register at a Best Buy store on Nov. 22, 2005 in San Francisco, Calif. Justin Sullivan/Getty Images
Alan McDonnell
By Alan McDonnell
8/19/2020Updated: 8/19/2020
The U.S. Mint has repeated pleas for Americans to help get coins back into circulation after the disruption caused by the CCP (Chinese Communist Party) virus. American businesses such as laundromats and vending machine operators are struggling with the shortage of coins in circulation due to reductions in brick-and-mortar retail transactions, increases in online shopping, and the increased use of contactless forms of payment.
The Mint has joined forces with the U.S. Treasury Department and Federal Reserve in its appeal to Americans to search their homes, vehicles, and workplaces for coins to ensure customers can pay the right price for goods and services, and that retailers have the coins to return the correct change.
Alan McDonnell
Alan McDonnell
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