Why is There a National Coin Shortage?

A national coin shortage has affected businesses, including selfservice laundries that cannot get enough quarters. Banks are rationing their supplies too. Some Leisure World residents have reported a shortage of quarters needed to operate some washers and dryers in mutual laundry rooms.

Why is the U.S. Facing a Coin Shortage?

Business and bank closures associated with the COVID-19 pandemic have significantly disrupted the supply chain and normal circulation patterns for U.S. coins. While there is an adequate overall amount of coins in the economy, the slowed pace of circulation has reduced available inventories in some areas of the country. The Federal Reserve is working with the U.S. Mint and others in the industry on solutions. Since mid-June, the U.S. Mint has been operating at full production capacity, minting almost 1.6 billion coins in June and is on track to mint 1.65 billion coins per month for the remainder of the year.

—from the Federal Reserve