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Cash: Who needs it? Britons mull over the potential disappearance of physical money

Sep 15, 2022
Digital payment methods may render notes and coins obsolete in the United Kingdom and turn it into a cashless economy.
As many as 8 million Britons are thought to depend on physical money because they don’t have an internet connection, a smartphone or digital skills.
Daniel Leal/AFP via Getty Images

Coin collecting is big business on social media

May 2, 2022
A new generation of coin enthusiasts is bringing renewed interest to the hobby.
Younger people have shown more interest in coin collecting, a hobby that's been made easier by apps like Instagram, eBay and Facebook.
leezsnow/Getty Images

COVID-19 sparked a U.S. coin shortage, but a U.K. surplus

Oct 2, 2020
Technology has made the transition to digital payments quicker in the U.K.
"It's absolutely certain that coronavirus will accelerate the shift to digital," says Natalie Ceeney, chair of Innovate Finance. But the virus has also shown a spotlight on vulnerability and people who are getting excluded by the shift to digital.
Justin Tallis/AFP via Getty Images

Where did all the coins go?

Jul 22, 2020
The Federal Reserve is hoping a task force can solve the shortage of change in the economy.
A number of economic factors, including lower-than-normal labor force participation, declining immigration, and  retirements among Baby Boomer-aged workers means that labor shortages may persist well into the future.
Photo by Brad Lee/AFP via Getty Images

Why are countries so afraid of bitcoin?

Sep 22, 2017
The cryptocurrency has been blocked by a handful of countries.
In an age of encryption, one of the major innovations of Bitcoin is their block-chain technology, which allows for transaction to be encrypted and tracked.
YOSHIKAZU TSUNO/AFP/Getty Images

A U.S. coin will feature an African-American Lady Liberty for the first time

Jan 17, 2017
The occasion marks the U.S. Mint's 225th birthday.
Courtesy United States Mint

We lost $100 million making pennies and nickels

Dec 15, 2014
Dreadful penny and nickel news, but cheaper copper shaves millions off the loss.

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It won't be easy for ISIS to create its own currency

Nov 14, 2014
Establishing a gold-and-silver system creates problems in a modern global economy.

How much would it cost us to eliminate the penny?

May 21, 2014
Kai Ryssdal thinks it makes cents to say goodbye.

Coins and stamps now more profitable than art and wine

Sep 23, 2013
New trends in luxury investing. But while collecting rare collectibles may be fun, don't give up on stocks and bonds -- these 'passion investments' don't add too much heft to your portfolio.