Tuesday, 16 February 2010

Coin - unwanted money !

Many people are in the habit of emptying out the coins in their pocket at bedtime - and the next morning placing a lesser amount back in their pockets. As a result, they soon accumulate containers of surplus coin.

The problem is - this is becoming hard to dispose of !

The banks will not accept coin unless it is wrapped correctly in paper foils, and increasingly we are seeing notices in shops limiting the amount of payments they will accept by way of coins.

It seems the only places that welcome coin and will willingly exchange it for banknotes are pubs and clubs. This is obviously a ploy to get customers to use their poker machines.

There must be untold wealth spread over the nation's households by way of containers of coin sitting in wardrobes and on dressing tables, resulting in the mint requiring constant production of new coin to meet shortfalls.

What an interesting opportunity for a deserving charity to suggest donations of unwanted coin.

That could spark an interesting response from those wondering what to do with this ever increasing volume, and at the same time provide work for volunteers to count and wrap the coin into bank acceptable quantities.

The amount sitting unused in containers must run to billions !

No comments:

Post a Comment