{"id":325961,"date":"2026-08-20T17:16:21","date_gmt":"2026-08-20T17:16:21","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/325961\/"},"modified":"2026-08-20T17:16:21","modified_gmt":"2026-08-20T17:16:21","slug":"new-york-state-shoppers-may-soon-have-one-less-coin-to-shop-with-2","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/325961\/","title":{"rendered":"New York State Shoppers May Soon Have One Less Coin To Shop With"},"content":{"rendered":"<p>I can&#8217;t remember the last time I reached into my pocket to pay with loose change or dig into the cup holder of the car to get a quarter at the drive thru.<\/p>\n<p>READ MORE: <a href=\"https:\/\/bigfrog104.com\/ixp\/40\/p\/ny-social-media\/\" rel=\"nofollow noopener\" target=\"_blank\">NY Named Most Social Media Addicted State<\/a><\/p>\n<p>But many still do just that.<\/p>\n<p>First, it was the penny, but could the nickel be on the chopping block next?<\/p>\n<p>On the flip side, not having <a href=\"https:\/\/bigfrog104.com\/tags\/cash\" rel=\"nofollow noopener\" target=\"_blank\">cash <\/a>or coins in my pocket doesn&#8217;t entice me to buy things I may not really need.<\/p>\n<p>What We Know<\/p>\n<p>According to the Federal Reserve, producing a single nickel <a href=\"https:\/\/www.federalreserve.gov\/faqs\/currency_12771.htm\" rel=\"nofollow noopener\" target=\"_blank\">costs <\/a>the government significantly more than its five-cent face value. Almost double.\u00a0<\/p>\n<p>This high cost leads many economists to debate whether the nickel should be the next coin to go.\u00a0<\/p>\n<p>Unlike the penny, which often gets dumped in the cup holder of our cars or lost at <a href=\"https:\/\/bigfrog104.com\/tags\/home\" rel=\"nofollow noopener\" target=\"_blank\">home <\/a>in the junk drawer, the nickel keeps moving between buyers and stores.<img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us-ny\/wp-content\/uploads\/2026\/08\/1787246179_963_41681_2ff9d8808887af8.jpg\" alt=\"EyeMark\" loading=\"lazy\" onload=\"this.parentNode.parentNode.classList.add('frame-loaded');\" onerror=\"this.parentNode.parentNode.classList.add('broken-image');\" fetchpriority=\"low\" width=\"2116\" height=\"1416\"\/>EyeMarkEyeMark<\/p>\n<p>Cashless Society<\/p>\n<p>The <a href=\"https:\/\/bigfrog104.com\/tags\/debate\" rel=\"nofollow noopener\" target=\"_blank\">debate <\/a>over\u00a0coins is leading many to think about the future of physical currency all together.<\/p>\n<p>Many local retail shops and grocery stores throughout Central New York\u00a0still preferer\u00a0physical currency. And some even offer discounts when paying with cash.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us-ny\/wp-content\/uploads\/2025\/10\/attachment-900.jpg\" alt=\"WIBX 950 logo\"\/><\/p>\n<p>Fees associated with cashless payment methods often get passed down to the buyer.<\/p>\n<p>Whether we are moving toward a completely cashless way of doing business has some shoppers concerned.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us-ny\/wp-content\/uploads\/2026\/08\/1787246181_590_photo-1658282687011-2a6a3d55eb0c.jpeg\" alt=\"a person holding a tray of food\" loading=\"lazy\" onload=\"this.parentNode.parentNode.classList.add('frame-loaded');\" onerror=\"this.parentNode.parentNode.classList.add('broken-image');\" fetchpriority=\"low\" width=\"5540\" height=\"3693\"\/>Photo by <a href=\"https:\/\/unsplash.com\/@imintechnology?utm_source=townsquare_carbon&amp;utm_medium=referral&amp;utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText\" rel=\"nofollow noopener\" target=\"_blank\">iMin Technology<\/a> on <a href=\"https:\/\/unsplash.com\/photos\/a-person-holding-a-tray-of-food-GaC36Ys8Cps?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText\" rel=\"nofollow noopener\" target=\"_blank\">Unsplash<\/a>a person holding a tray of food<\/p>\n<p>My Take<\/p>\n<p>As someone who traditionally uses a card or tap to pay options, there are still many local businesses that prefer cash as payment.<\/p>\n<p>Even when I use a card to pay for a something like a dinner out, I will use cash as a tip if I have some in my wallet.<\/p>\n<p>But rarely will I use change at a store or drive thru.<\/p>\n<p>NY State Rules<\/p>\n<p>In March of 2026, New Yor State announced some rules regarding the use of cash within the state.<\/p>\n<p>According to <a href=\"https:\/\/ag.ny.gov\/press-release\/2026\/attorney-general-james-notifies-new-yorkers-about-new-state-law-requiring-stores\" rel=\"nofollow noopener\" target=\"_blank\">New York State\u00a0Attorney General Letitia James<\/a>\u00a0\u201cBusinesses cannot deny New Yorkers access to necessities like food and clothing by refusing to take cash or charging shoppers more for paying in cash.&#8221;<\/p>\n<p>They also cannot charge consumers a higher price if they choose to pay with cash.<\/p>\n<p>Step Back in Time at Frontier Roads<\/p>\n<p>Travel back to the Wild West days at Frontier Roads on Route 5 in Westmoreland.<\/p>\n<p class=\"photogallery-credit\">Gallery Credit: Credit &#8211; Polly McAdams<\/p>\n","protected":false},"excerpt":{"rendered":"I can&#8217;t remember the last time I reached into my pocket to pay with loose change or dig&hellip;\n","protected":false},"author":2,"featured_media":325828,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[9,11,10,49,51,50,12],"class_list":["post-325961","post","type-post","status-publish","format-standard","has-post-thumbnail","category-new-york","tag-new-york","tag-new-york-headlines","tag-new-york-news","tag-new-york-state","tag-new-york-state-headlines","tag-new-york-state-news","tag-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/325961","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=325961"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/325961\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/325828"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=325961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=325961"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=325961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}