Man cashes in more than $5,000 in change because of coin shortage

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Man cashes in more than $5,000 in change because of coin shortage
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Man cashes in more than $5,000 in change because of coin shortage.

"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," Holton said."I thought it would maybe be $1,000 or $1,500 tops."

Holton kept the change in his basement and had not intended to touch it for a few more years — his youngest child, Holly, is currently 15 years old. Yet when he learned about the national coin shortage, he felt compelled to help. He called North Shore Bank in Wauwatosa to see if they could exchange the coins last week and by Friday, he was lugging three five-gallon buckets and other containers to the bank.Jim Holton said the empty containers he filled with coins were difficult to transport.

Holton, for his part, has deposited his windfall into a separate account — one he still hopes to use for a special occasion. "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," Holton said."If we all do something small in our own communities and help each other, that's what makes the world better."of 1999, during which businesses had to ask customers to stop stockpiling coins.

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