Bruce Remick wrote:
"Bob" wrote in message
link.net...
"Bruce Remick" wrote in message
news:UINne.9214$%Z2.3861@lakeread08...
It does seem frustrating when so many "outsiders" with at least average
intelligence can readily see why dollar coins aren't accepted and
circulated by
the masses along with our other minor coins, yet the govt is unwilling or
unable
to adjust. Instead, it continues with the status quo while members of
Congress
battle each other to submit their own additional pet dollar coin ideas.
I guess I'm fortunate that I seldom have occasion to use vending machines.
But
I suspect that as long as many machines will accept both dollar bills and
dollar
coins, there will be no real incentive for customers to go out of their
way to
obtain dollar coins just to use in the machines.
Bruce
Well, the vending machines DO accept both dollar coins and people are NOT
using them. My stepdad does $50K a month in vending machine sales and he
gets somewhere around 1 SBA every 5 months and 2 SACs in the same time.
Compare that to about $20 per day worth of $1 bills, it would seem that
people are using more coins than bills but fewer dollar coins than dollars.
Not trying to make any kind of point, just providing information.
boB
Confirms my suspicions, but your actual $1 coin vs $1 bill figures are truly
amazing! Three dollar coins taken in for every 3,000 dollar bills taken in over
a five month period? Do the machines give dollar coins in change? While these
figures are not likely representative nationwide, they sure are an eye-opener,
wherever those machines are located.
sigh...
They're not spent very often because people don't get them in change
very often...
People don't get them in change very often because they're not spent
very often...
Chicken, egg...
The circular arguements from the Luddites about why we should stop
making Sacs and stick with the *expensive*, inefficient rags continues....
JUST STOP MAKING THOSE &#^@%! RAGS AND THE COINS WILL WORK JUST FINE!!!
(There, I feel better now) :-)
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Regards, | |\ ____
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Michael G. Koerner May they | | | | | | rise again!
Appleton, Wisconsin USA | | | | | |
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