April 21st, 2010

Where Are the New Coins?

Dear COINage:

In the past few years, I have noticed a number of comments in your magazine (and other publications) regarding the lack of use of coins currently produced by the U.S. Mint.

I feel it is important for someone, or some organization, to get with the Federal Reserve banks or other financial institutions regarding the lack of distribution of such coins to/by the local banks.

The local banks always request only a first-time delivery of new coins from the Federal Reserve, then drop the ball. I have missed out on new coins from my own bank because I was out of town when they received their only disbursement of new coins. They initially order a very limited supply and no more, regardless of how long you’ve been a customer.

I try to use the new dollars each day, but in a limited manner, as I know that no more will be readily available. I do like to use them for tipping.

What can be done about this problem?

Sincerely, Floyd E. Whiteman
Mission, Kansas

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