Re:Why do U.S. coins seem to be in short supply?
by dboreham on Sunday July 19, 2020 @11:19PM
(#23894379)
My bank told me the reason is the feds are capacity limited on coin decontamination. Bills they just burn and print more, but coins cost too much to re-smelt.
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Re:Why do U.S. coins seem to be in short supply?
by mensetmanusman on Sunday July 19, 2020 @11:40PM
(#23894470)
Ha, b.s. you can warm coins moderately to denature the virus...
Re:Why do U.S. coins seem to be in short supply?
by skj on Sunday July 19, 2020 @11:49PM
(#23894517)
you could also let them sit in a box for a few days.
Re:Why do U.S. coins seem to be in short supply?
by kevin_thibedeau on Monday July 20, 2020 @01:37AM
(#23894938)
And the ones with gummy schmoo on them?
Re:Why do U.S. coins seem to be in short supply?
by ars on Sunday July 19, 2020 @11:44PM
(#23894489)
Why do they need to decontaminate the coins? Just let them sit for a week and the virus will be completely dead.
2 weeks if you are really worried.
Re:Why do U.S. coins seem to be in short supply?
by DavidPeiffer on Monday July 20, 2020 @12:19AM
(#23894617)
I cannot speak to the specific challenges in the banking industry, but from a manufacturing perspective, you can't just add a week of inventory without a ton of headache.
For most supply chains, adding a week of inventory would mean bringing on additional warehousing space and filling everything they have to the gills. I'm familiar with a factory who has a few hours of inventory on-site, and no more than ~3 days in the accompanying warehouse. They'd need about 2 more equal size warehouses to add a week of inventory.
Re:Why do U.S. coins seem to be in short supply?
by yetanta on Monday July 20, 2020 @08:29AM
(#23897087)
To be fair they probably have already done it if there is a shortage because of this reason. There is a crazy amount of coins out there.
Re:Why do U.S. coins seem to be in short supply?
by Nightshaxx on Monday July 20, 2020 @08:17AM
(#23897001)
Considering the fact it cost more to make the penny than it's worth, I'm not surprised.