Interesting feature on NPR’s Planet Money recently about the renewed demand for coins in the United States.
In addition to the search for a safe place to save money, like buying gold and silver coins in record numbers, the article contends that “in 2011, coin shipments increased by 37 percent, a sign that people are no longer tapping their piggy banks for extra cash.”
Unlike the past few years, when people have been raiding the piggy banks to make ends meet, folks are now starting to spend like they use to.
One thing that hasn’t caught on, however, is the new Presidential dollar coin. The Treasury Department has called a halt to production of the unpopular coin.
