by shinnosuke » Tue Mar 15, 2022 3:36 pm
With all the talk about the price of raw nickel and the difficulty in acquiring more nickels, I visited my local Chase branch where I have a business account and learned that there is a coin shortage. I was only able to acquire two rolls each of pennies, nickels, dimes and quarters. They said they only had one Kennedy half in the place (which I bought) and I was tickled when they asked me to pay 50 cents for it. I had already called it a half dollar. Anyway, here is the nickel sorting report:
Out of 79 nickels (yes, I know there should be 80. Hold your horses.)...
One 2009 P rather well-circulated
One clad dime (instead of a nickel)
Oldest: 1961
Newest 2021 and there were several
The next oldest was 1971 and there were 3 of those.
No Canadian/foreign
I'm not dumping any of them.
After I had my coins in hand, I asked the tellers why there is a shortage of coins. "Because of Covid they don't have enough workers at the mint." To which I inquired, What are they paying? I'll work there. Neither of the tellers smiled.
Finally, I would note that I merely told them I have a business account, which is true. They did not desire to look at my ID, even though I offered. They also did not say that I had to wait a certain number of days before returning for more. So, theoretically, I could visit all the Chase branches and pick up more coins -- 2 per type -- as often as I desired.
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