/ Articles / The great American coin shortage of 2020
Lower coin production, fewer transactions drive a squeeze on change
The year of COVID-19 has also been a year of shortages — sometimes some pretty curious shortages — sparked by the pandemic, everything from toilet paper to yeast for baking to inexpensive bicycles to hand sanitizer.
Now add another COVID-19 shortage to the list: coins.
That’s right, there’s a coin crunch in America — better safeguard that tin of nickels and dimes and quarters you have stashed away — so much so the Federal Reserve System (FRS) has begun to ration them.
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