If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. |
|
|
Thread Tools | Display Modes |
#41
|
|||
|
|||
On Wed, 1 Jun 2005 20:25:42 -0400, "Bruce Remick"
wrote: "shreadvector" wrote in message oups.com... By the way, do the vending machines have stickers on them indicating that customers can use the Golden Dollar? Are the coin slots adjusted open larger than a quarter to allow dollar coins to be inserted? Many older machines were set to block anything larger than a quarter from entering and they often had the micro rocker switch set to "$ NO ACCEPT" instead of "$ ACCEPT". Why don't the vending machines have 4 coin tubes to accommodate 5c, 10c, 25c and $1 coins and have a bill validator set to accept $2, $5, $10, and $20 bills and give change in dollar coins? That would help and probably increase sales quite a bit. How many folks walk away from a vending machine without making a purchase because all they had was a $20 they got from the ATM???? How many folks walk up to a vending machine and can dig a dollar coin out of their pocket? I'd bet you could stop ten people on the street and none would have a dollar coin on them, whereas at least two thirds would have at least one dollar bill crisp enough to be fed accepted in a vending machine. (No fair doing it multiple times. I'm not that daring.) I still can't see these dollar coins as anything more than Mint-produced tokens, if the only public place they seem to be found is in some coin-op machines. Bruce, One of the ways that I've found it to be very useful is when I'm traveling, and I'm at an airport. If I want to buy a drink or a magazine, it's orders of magnitude easier to fish a couple of dollar coins out of a pocket with one hand than it is to try to get a bill out of my wallet with one hand (the other hand holding the crap I need to take when I travel). take care, Scott ... always has a few on hand for just this case. |
Ads |
#42
|
|||
|
|||
"Scott Stevenson" wrote in message ... On Wed, 1 Jun 2005 20:25:42 -0400, "Bruce Remick" wrote: "shreadvector" wrote in message oups.com... By the way, do the vending machines have stickers on them indicating that customers can use the Golden Dollar? Are the coin slots adjusted open larger than a quarter to allow dollar coins to be inserted? Many older machines were set to block anything larger than a quarter from entering and they often had the micro rocker switch set to "$ NO ACCEPT" instead of "$ ACCEPT". Why don't the vending machines have 4 coin tubes to accommodate 5c, 10c, 25c and $1 coins and have a bill validator set to accept $2, $5, $10, and $20 bills and give change in dollar coins? That would help and probably increase sales quite a bit. How many folks walk away from a vending machine without making a purchase because all they had was a $20 they got from the ATM???? How many folks walk up to a vending machine and can dig a dollar coin out of their pocket? I'd bet you could stop ten people on the street and none would have a dollar coin on them, whereas at least two thirds would have at least one dollar bill crisp enough to be fed accepted in a vending machine. (No fair doing it multiple times. I'm not that daring.) I still can't see these dollar coins as anything more than Mint-produced tokens, if the only public place they seem to be found is in some coin-op machines. Bruce, One of the ways that I've found it to be very useful is when I'm traveling, and I'm at an airport. If I want to buy a drink or a magazine, it's orders of magnitude easier to fish a couple of dollar coins out of a pocket with one hand than it is to try to get a bill out of my wallet with one hand (the other hand holding the crap I need to take when I travel). take care, Scott ... always has a few on hand for just this case. I would not disagree with you, Scott, but my point is that the dollar coins never reach the average traveler's pocket unless the traveler takes specific steps to acquire some. Most people probably would find it more convenient to fish for a dollar bill than to go out of their way to obtain dollar coins at a bank, "just in case". I would gladly accept and circulate dollar coins if only I received them routinely among my change from merchants. Otherwise, it's not that much of an issue with me. Bruce |
#43
|
|||
|
|||
In article , Dave Allured
wrote: One of the many institutional barriers to circulating the golden dollar is that most businesses deliberately choose to never offer dollar coins in change. : Both of these changes can be done in friendly ways that still leave customers the choice of NOT using or accepting dollar coins. Aren't there ANY businesses out there that will take the chance and use dollar coins instead of dollar bills? I think the number of people that will grumble and choose dollar bills instead will be far outnumbered by those who will enjoy receiving dollar coins. The business might even call attention to itself and get some free advertising from it. I know Bill Krummel used dollar coins at his Dairy Queen but I think it was the co-mingling of SBAs that caused him to abandon his practice. Paul -- Paul Anderson OpenVMS Engineering Hewlett-Packard Company |
#44
|
|||
|
|||
"shreadvector" wrote in message
oups.com... They will circulate in areas where you have one or more of the following: * Transit system that has a fare machine that gives dollar coins in change for large bills. * USPS vending machines that give dollar coins as change for large bills. * People who go to their bank and insist that they order dollar coins for them. Then they get the dollar coins and they spend them. * University and business parking lots/garages that use dollar coins as change for large bills from machines. (Then the universities or businesses might get a bunch cycled through their food and drink vending machines). * Areas with self service car washes or laundromats where they have a change machine to break $20 into dollar coins for use in the machines. For instance, in Los Angeles we have all of the above, and there are some dollar coins circulating. Some= some number of millions. Very tiny compared to the rag dollars being used, but they still circulate. Thanks for the explanation. I was unaware. I had been asking my relatives to save some for me because banks in my area will NOT carry the GD's. They told me that they don't see them any either. |
#45
|
|||
|
|||
That is pretty annoying of the banks. Talk to the bank manager. if you
don't get a positive response from the manager, call the regional customer service toll-free telephone number and talk to a supervisor. They should be able to apply pressure from above to make the local manager order dollar coins to supplu a bank customer (you). Then get the dollar coins and spend them everywhere. if you run into vending machines that don't accept them, notify the vending operator of the problem and describe it to them (slot not big enough to insert Golden Dollar coin preventing purchase, Golden Dollar went in but dropped straight out coin return because internal switches are set incorrectly, etc.) |
#46
|
|||
|
|||
In article ,
Paul Anderson wrote: I know Bill Krummel used dollar coins at his Dairy Queen but I think it was the co-mingling of SBAs that caused him to abandon his practice. Say what? Is numismatic miscegenation a crime? ObTrivia: googling "numismatic miscegenation" yields no hits. Until now. |
#47
|
|||
|
|||
What does Bill Krummel have against SBAs?
Tony "Paul Anderson" wrote in message ... In article , Dave Allured wrote: One of the many institutional barriers to circulating the golden dollar is that most businesses deliberately choose to never offer dollar coins in change. : Both of these changes can be done in friendly ways that still leave customers the choice of NOT using or accepting dollar coins. Aren't there ANY businesses out there that will take the chance and use dollar coins instead of dollar bills? I think the number of people that will grumble and choose dollar bills instead will be far outnumbered by those who will enjoy receiving dollar coins. The business might even call attention to itself and get some free advertising from it. I know Bill Krummel used dollar coins at his Dairy Queen but I think it was the co-mingling of SBAs that caused him to abandon his practice. Paul -- Paul Anderson OpenVMS Engineering Hewlett-Packard Company ----== Posted via Newsfeeds.Com - Unlimited-Uncensored-Secure Usenet News==---- http://www.newsfeeds.com The #1 Newsgroup Service in the World! 120,000+ Newsgroups ----= East and West-Coast Server Farms - Total Privacy via Encryption =---- |
#48
|
|||
|
|||
Just call them "APOLLO XI DOLLARS" and people will like them.
You can even spend them at the barbershop: http://wcbs880.com/connnews/CT--Astr...rces_news_html |
#49
|
|||
|
|||
In article ,
richard schumacher wrote: I know Bill Krummel used dollar coins at his Dairy Queen but I think it was the co-mingling of SBAs that caused him to abandon his practice. Say what? Is numismatic miscegenation a crime? In article , A.E. Gelat wrote: What does Bill Krummel have against SBAs? In article , Tony Clayton wrote: Since they are the same size as the new 'golden' dollar, and quite distinct from a quarter, why should this affect him? Most people, even those who like Sacs, don't like SBAs. I recall that Bill didn't want people turned off by getting SBAs in change at his store and since he couldn't get a reliable supply of Sac-only dollars, he gave up. Bill, please correct me if I'm wrong. If I had a store, I'd be hesistant, too, about giving out SBAs. Even though we all know they're bigger and heavier than quarters, they confuse people a lot more than Sacs. Paul -- Paul Anderson OpenVMS Engineering Hewlett-Packard Company |
#50
|
|||
|
|||
Bruce Remick wrote:
"Scott Stevenson" wrote in message ... On Wed, 1 Jun 2005 20:25:42 -0400, "Bruce Remick" wrote: "shreadvector" wrote in message groups.com... By the way, do the vending machines have stickers on them indicating that customers can use the Golden Dollar? Are the coin slots adjusted open larger than a quarter to allow dollar coins to be inserted? Many older machines were set to block anything larger than a quarter from entering and they often had the micro rocker switch set to "$ NO ACCEPT" instead of "$ ACCEPT". Why don't the vending machines have 4 coin tubes to accommodate 5c, 10c, 25c and $1 coins and have a bill validator set to accept $2, $5, $10, and $20 bills and give change in dollar coins? That would help and probably increase sales quite a bit. How many folks walk away from a vending machine without making a purchase because all they had was a $20 they got from the ATM???? How many folks walk up to a vending machine and can dig a dollar coin out of their pocket? I'd bet you could stop ten people on the street and none would have a dollar coin on them, whereas at least two thirds would have at least one dollar bill crisp enough to be fed accepted in a vending machine. (No fair doing it multiple times. I'm not that daring.) I still can't see these dollar coins as anything more than Mint-produced tokens, if the only public place they seem to be found is in some coin-op machines. Bruce, One of the ways that I've found it to be very useful is when I'm traveling, and I'm at an airport. If I want to buy a drink or a magazine, it's orders of magnitude easier to fish a couple of dollar coins out of a pocket with one hand than it is to try to get a bill out of my wallet with one hand (the other hand holding the crap I need to take when I travel). take care, Scott ... always has a few on hand for just this case. I would not disagree with you, Scott, but my point is that the dollar coins never reach the average traveler's pocket unless the traveler takes specific steps to acquire some. Most people probably would find it more convenient to fish for a dollar bill than to go out of their way to obtain dollar coins at a bank, "just in case". I would gladly accept and circulate dollar coins if only I received them routinely among my change from merchants. Otherwise, it's not that much of an issue with me. Bruce This clearly is a catch-22 situation. Circulation and acceptance of these coins need to go hand in hand. As for me, I always keep a few handy, since the vending machines at where I work dispense and accept these coins. - Balaji |
Thread Tools | |
Display Modes | |
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
Bank teller tells me that dollar bill WILL be replaced by Golden Dollar coin! | Fred Shecter | Coins | 127 | August 25th 05 01:40 PM |
I got 2001-D Golden Dollar Mint Bag from my bank! | shreadvector | Coins | 19 | February 8th 05 07:35 PM |
HUGE LIST PART II! 66% to 75% OFF BOOK VALUE | Rose | Hockey | 0 | December 28th 03 02:49 PM |
Romancing the Bank teller, Part II | frank wight | Coins | 2 | November 14th 03 05:41 PM |
Coin Talk Needs You | Peter T Davis | Coins | 51 | September 16th 03 01:19 AM |