Ya know, I still have my Rice Bowl for CRS from Lent. I wonder if I should remove all the quarters for myself & give the rest to a beggar on the corner. I had heard questionable things about CRS in their distribution of such donations. Therefore I have held onto it.
Call your bank. My bank sent me an email last night saying they'll pay you 10% for every set of coins over $5. IOW, you give them $50 in coins and they'll give you $55. That might become a thing.
Ditto. Years ago, there were reports of CRS supporting birth control in Africa. There was also an issue with many of the CRS executives not even being Catholic. I remember discussing this on MOG many years back. Fortunately, there are still many other choices of good Catholic charities with which to donate.
So what do y’all think is advisable regarding coins? Take them to Coinstar and get whatever money possible before they’re obsolete? Hang onto them? Or maybe just use them whenever possible to increase circulation?
I hope he took the time to check for rare coins before rolling them. There are a few videos on YouTube of coin collectors who get boxes of coins from the bank and go through them, showing what special (rare and valuable) coins they find.
Taking them to Coinstar is going to increase the circulation. Don't know what their business model is, but they've got to make money returning the coins to banks or whatever. I'd take them to Coinstar because IF ... hyperinflation occurs then the quarter won't be worth a penny.
Just this afternoon I got another email from my bank. In just two days, their promotion to have people bring in coins was SOOO successful that they've now closed it down!
https://www.theepochtimes.com/chine...-chinese-communist-party-members_3427104.html Now being considered by the U.S. administration.
Joke's on him because he can't take them to the bank. LOL Sorry, this had me really laughing...it’s like I could hear you saying it! Hey, if he’s busing rolling coins, he’s staying out of your hair....and out of trouble
Katfalls said: ↑ I don't know if anyone has mentioned this or not, but something strange is going on with U.S. currency. Apparently we have run out of coins. All of the stores around me are asking for exact change because they can't make change with coins. Even the grocery store has a sign that says they will take your rolled coins and exchange them for store credit. I was in the Post Office today and they couldn't give me change. This is so bizarre. I heard on the news that the U.S. mint was not producing coins because of employees off work due to covid, but I find that hard to believe. I heard another rumor that the banks don't want to handle cash anymore because of covid. But the stores can handle groceries, bags, etc. I also heard a rumor that this is a way to create a cashless society . . .so everything can be traced. Anyone have any thoughts on this? Katfalls, This one sounds like pure rumor mill and untrue! They are handling cash all day as well as whatever coins people bring in. I deposit my cash-out daily. I have not seen any disruption at the Cafe' or signage to that affect....yet. I will say, yesterday the Teller offered I might consider KEEPING my change. While they order so much in coin rolls, they receive a FRACTION of that in return. Must be rationed while we play catch up. YES, my Credit Union is accepting all coins!! Again, I have asked there and was told the U.S. Mint was not producing and the usual avenues of circulation of were halted with the shutdown. While I'm not quite sure why our Cash flow wasn't similarly disrupted, I won't be surprised if an alternative approach to currency is soon introduced given the "Fed" is freely producing currency, evidenced by our runaway stimulus packages and another which is pending to further save our economy. That is my very humble 2 cents...take the pun if you like! We need the levity! I'm happy to help!!
