Regular coin distribution returns

Federal Reserve Services announced yesterday that regular coin distribution for all coin denominations will return on January 15. Order caps will be removed for nickels, the last denomination that has had coin order caps in place since June 2020. Financial institutions will be able to place orders for coin from the Federal Reserve without limits and should be able to do the same for their customer orders.

Thanks to steady deposits from financial institutions and increased U.S. Mint production, the Federal Reserve Banks are now able to end coin allocation. However, coin circulation has not fully returned to its normal pre-pandemic patterns. As long as the same conditions that led to coin circulation challenges in 2020 are still in place, the Federal Reserve, U.S. Coin Task Force, and the cash supply chain will continue to closely monitor the health of the coin supply chain and stand ready to respond.