Man Exchanges Over Five Thousand Dollars Worth Of Coins To Help Shortage


You've probably already heard about the 'national coin shortage'...

(Thanks again, COVID...)

But have you heard about what Wisconsin resident Jim Holton did about it?!

His friends and family call him "the coin master," and it's a title very well-deserved after he exchanged more than $5,000 worth of change!

"I was saving my change after I'd get coffee or run errands," painting contractor Holton told NBC News. "I was hoping to save so my wife and I could do something fun after our kids graduated from high school."

Holton said he started saving the coins when his eldest son, Cameron, was born. He was given a Green Bay Packers piggybank as a gift after the birth of his son, and the rest is history...

"I just thought when the kids graduated, we could do something fun like go to Europe or something else that we never dreamed of doing," he said. "I thought it would maybe be $1,000 or $1,500 tops."

But as it turns out, his containers of change accumulated $5,366.05!!!

"It felt like it weighed 300 pounds," Holton added. "I was sweating while I pushed the dolly."

Just last month, the Federal Reserve established a U.S. Coin Task Force to "mitigate the effects of low coin inventories caused by the COVID-19 pandemic." So... If you also have tins of change accumulating at home, now might just be the perfect time to help out the economy and exchange it for cash!

As for Holton, five thousand dollars will keep him from exchanging coins for awhile.

"I won't be saving coins for a while because of the shortage, but maybe I'll find another creative way to set aside the money," he said. "If we all do something small in our own communities and help each other, that's what makes the world better."

Read the full story on NBC News.


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