Posted on 06/29/2011 12:38:29 PM PDT by Aroostook25
All the latest and greatest (and most secure) vending machines use acceptance devices that are able to validate that only US coinage of the prescribed value is used.
If your machines are owned by an employee benefit association, which is very typical when the sole purpose is potato chips and candy, you now know why you lose money on it.
They were never confused with a quarter of half dollar. They made a fine sound when you had a whole stack of them in your hands and when a Dollar slot payed off the sound was sweet too.
The recently issued U.S. Grant dollar coin won’t be especially popular with many people here in the South!
“In 2005, Congress decided that a new series of dollar coins should be minted to engage the public.”
Those Congress folks are pretty smart. I wonder what would happen of they start messing with our light bulbs...
Oh. Never mind.
The ONLY coins worth having are REAL SILVER OR GOLD coins.
The only paper dollar bills worth having are those that say “Pay to the bearer ON DEMAND one Dollar in Silver or Gold.”
Now all they say are...”This note is legal tender for all debts public and private.”
The dollar coins are ALL in use, but in what are called CAPTIVE SYSTEMS. These are usually employee automated canteens or swing rooms ~ or snack/break stations ~ in factories, schools, large retail establishments, offices, etc.
The current Great Obama Recession has given us a very high unemployment rate and as a consequence the use of dollar coins has dropped ~ simply because there aren't enough employees to keep them in use getting softdrinks or food.
Fix the unemployment rate and those dollars will flow out of the depositories and back into the places where folks eat lunch at work!
Coins... Almost a relic from the past. It’s been a decade since I regularly carried change in my pocket. Everything with an odd price goes on a credit card.
Wow, what a story. I hope that guy’s a very rich man now. Personally, I would settle for nothing less than being made CEO of the company, with my very own Boeing Business Jet;)
Couldn't figure it out, the economy is sputtering....let's spend millions to strike new coins.
Great going Uncle Sugar, we expect nothing less...or is that more.
perfumed dollars? just turned in by a stripper maybe?
That size (38mm) will be needed for the $50.00 0.77 oz silver coin.
Those $1 coins are hard to get. Almost every bank we visit won’t have them. We want them, but the gov’t is not making it easy to obtain. Around here (SF), parking meters cost up to $3/hour. Feeding in a couple $1 coins is a lot easier than shoveling in a handful of other coins.
They made two mistakes. The first was making them cheap looking and prone to tarnishing. The second is that a $1 denomination was way too low.
Instead, make them a quality, mostly silver alloy, with a $100 denomination, with an elaborate, classy design depicting great events in US history concurrent to that president. Right now silver is very expensive, about $35/ounce, but there would be a LOT of warning if it were ever to approach anything like $100.
More than anything, these coins would be intended to be prestigious to own. Something US coins really haven’t been since the days of the $20 gold double eagle.
The last US coin that had any degree of chutzpah was the Eisenhower dollar. Coins since then have had all the flair and elan of recycled beer cans.
Give us a coin that archaeologists will dig up in a thousand years.
Our drink machines are owned and serviced by Coca Cola Enterprises, a private company that pays an annual fee to my employer to site the machines in its buildings. I don’t know who owns the snack machines. These machines are at least 8-10 years old.
“But then the price of strippers would double!”
Just like vending machines,,, drop your coin in the slot. (I might get in trouble for that one!)
Smallest in Canada is a five dollar bill.
“perfumed dollars? just turned in by a stripper maybe?”
Nah! 8^) I don’t know where they de-contaminate and perfume the bills. Maybe at the banks? I’ll have to ask my banker.
“My combined comments from the earlier thread on this subject;
I’m so sick and tired of these a-holes spending money on foolishness! Me? I’d phase out the one dollar bill. They don’t last very long at all, and are filthy with bacteria, etc.. Gimme the coins. They last about a thousand times longer than the paper bills. The coins can be recycled. Bills are just shredded and dumped into landfills.
I just opened my wallet to do a count before heading to Aldi. My wallet smells like a cheap hooker (I think! I wouldn’t actually know!). The banks decontaminate singles and spray them with some kinda junk. I hate that smell! The dollar coins have copper in them, which is a natural bactericide and anti-viral agent.
I’d like to ask these idiots if the current printing plates are worn out?? How much would the total cost be for designing and engraving new plates? I’m livin’ on a very strict budget, and these butt warts think nothing of spending our tax dollars on things that are not necessary! Like teachin’ African men how to wash their zooties! This has got to stop!!!!!
We don’t need to spend money on all these unnecessary things. Start saving everywhere NOW!”
I’d guess you need NEW MACHINES. 10 year old stuff should end up in church basements.
I got no problem with dollar coins, especially if they’re the kind make with real silver.
And yet the stamps vending machine I used at the post office did give them back as change.
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