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Reading: Penny shortage threatens completion of Provo business’s unique floor project
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Hispanic Business TV > Salt Lake City > Penny shortage threatens completion of Provo business’s unique floor project
Salt Lake City

Penny shortage threatens completion of Provo business’s unique floor project

HBTV
Last updated: November 11, 2025 9:03 am
HBTV
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PROVO — As the U.S. Mint winds down production of the penny, one local business finds itself in a race against time to complete a project where the humble coin takes center stage.

Related: Pennies past their prime? Utah consumer protection suggests businesses round their cents

At The Collective Underground, a consignment store known for bridging the gap between thrift and boutique, owner Chris Yorgason had a vision: a floor made entirely of pennies. What began as a nostalgic nod to his childhood has now become a logistical challenge.

“It just needed something new,” Yorgason said. “And I thought, why don’t we do a penny floor? I’ve always wanted to do something like that.”

The idea was inspired by his grandfather, who introduced him to coin collecting when he was a child.

“My grandpa was really into coins,” Yorgason recalled. “He got me a little book and I was able to collect 1945, 1947… and I just kept collecting.”

But collecting pennies for the floor has proven more difficult than expected. Things were going fine until a couple of weeks ago, when banks started turning them away. Many financial institutions now impose a $5 limit on penny exchanges, making it harder to source the thousands needed for the project.

Despite the setback, the team remains committed. Zac Daley, one of the employees helping with the installation, has been meticulously placing each coin by hand.

“This might be one of the last penny floors ever made,” Daley said.

For Yorgason, the project is more than just a design choice.

“It’s totally a full-circle moment,” he said. “It’s special to me — something I did with my grandpa. It’s pretty meaningful to me, and I think it can be meaningful to the community as well.”

Once completed, the floor will be sealed in resin, preserving the pennies — and the memories — for years to come. Yorgason believes he has just enough coins to finish the job, a small victory in the face of a disappearing currency.



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