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Bank teller tells me that dollar bill WILL be replaced by Golden Dollar coin!



 
 
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  #71  
Old June 3rd 05, 02:51 AM
Bob
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"Bruce Remick" wrote in message
news:mxOne.9225$%Z2.2490@lakeread08...

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.

Bruce

I don't know why the machines would give dollar coins in change. You only
put in what you need to purchase the item. Oh! You mean someone might put
in a $5 bill and then expect change in dollar coins. No, I don't think the
machines are set up that way.
These machines are located in Southern Mississippi. All across the whole
Southern part of the state. There are load of casinos that DO use the
dollar coins. But everybody cashes them out to "real" money before they
leave the casino. LOL!

We'll never get people to use dollar coins if the gov't keeps making lame
dollars that don't feel worth a dollar and don't tarnish in a week. We'll
never get people to use the dollar coin as long as "real" money exists. By
"real" I mean real as in what people seem to consider money.


Ads
  #72  
Old June 3rd 05, 04:23 AM
Michael G. Koerner
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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) :-)

--
___________________________________________ ____ _______________
Regards, | |\ ____
| | | | |\
Michael G. Koerner May they | | | | | | rise again!
Appleton, Wisconsin USA | | | | | |
___________________________________________ | | | | | | _______________
  #73  
Old June 3rd 05, 10:27 AM
Tony Clayton
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In a recent message "Bob" wrote:

"Bruce Remick" wrote in message
news:mxOne.9225$%Z2.2490@lakeread08...

[snip]

We'll never get people to use dollar coins if the gov't keeps making lame
dollars that don't feel worth a dollar and don't tarnish in a week. We'll
never get people to use the dollar coin as long as "real" money exists. By
"real" I mean real as in what people seem to consider money.

I will take as much of this 'unreal' money as anyone is prepared to give me ;-)

--
Tony Clayton
Coins of the UK :
http://www.coinsoftheuk.info
Sent using RISCOS on an Acorn Strong Arm RiscPC
.... What are you doing?!? The message is over, GO AWAY!
  #74  
Old June 3rd 05, 12:20 PM
Bruce Remick
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"Michael G. Koerner" wrote in message
...
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) :-)


I think most everyone here feels the same way. All we need is the "nudge" from
our government and we'll soon be accepting dollar coins with as little thought
as we now accept dollar bills. Has to make one wonder whether the govt really
cares which type of dollar the public favors.

I wonder which coin the public favored during their brief period of overlap --
the US half dime or new nickel? Did habit keep the half dime popular or was the
public more taken with the new five cent coin?

In parts of the country where both fractional currency and equivalent
denomination coins were equally available, what was the public's choice?

Bruce





  #75  
Old June 3rd 05, 02:34 PM
richard schumacher
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In article ,
Paul Anderson wrote:


Most people, even those who like Sacs, don't like SBAs.


But they're Moon landing dollars! Space Bucks!
  #76  
Old June 3rd 05, 06:18 PM
Balaji Murthy
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Bob wrote:
I don't know why the machines would give dollar coins in change. You only
put in what you need to purchase the item. Oh! You mean someone might put
in a $5 bill and then expect change in dollar coins. No, I don't think the
machines are set up that way.


The machines I use accept bills up to $20 denomination. And dispense the
dollar coins in change.

I am in Portland, OR.

- Balaji

These machines are located in Southern Mississippi. All across the whole
Southern part of the state. There are load of casinos that DO use the
dollar coins. But everybody cashes them out to "real" money before they
leave the casino. LOL!

We'll never get people to use dollar coins if the gov't keeps making lame
dollars that don't feel worth a dollar and don't tarnish in a week. We'll
never get people to use the dollar coin as long as "real" money exists. By
"real" I mean real as in what people seem to consider money.


  #77  
Old June 3rd 05, 06:26 PM
shreadvector
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That's great.

You should send a nice letter of praise to the vending operator telling
them how much more convenient these machines are compared to the older
machines in use elsewhere that do not offer change for larger bills. Be
sure to tell them how those older machines often lose sales since
customers often only have larger bills in their wallets.

If only all vending machine operators would do this.....

  #78  
Old June 3rd 05, 09:02 PM
Balaji Murthy
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Posts: n/a
Default

Balaji Murthy wrote:
Bob wrote:

I don't know why the machines would give dollar coins in change. You
only
put in what you need to purchase the item. Oh! You mean someone
might put
in a $5 bill and then expect change in dollar coins. No, I don't
think the
machines are set up that way.



The machines I use accept bills up to $20 denomination. And dispense the
dollar coins in change.

I am in Portland, OR.

- Balaji


I should add that the real surprise was coming across a machine (at a
local post office) which accepted (and of dispensed) pennies.

Top that!!

- Balaji



These machines are located in Southern Mississippi. All across the whole
Southern part of the state. There are load of casinos that DO use the
dollar coins. But everybody cashes them out to "real" money before they
leave the casino. LOL!

We'll never get people to use dollar coins if the gov't keeps making lame
dollars that don't feel worth a dollar and don't tarnish in a week.
We'll
never get people to use the dollar coin as long as "real" money
exists. By
"real" I mean real as in what people seem to consider money.


  #79  
Old June 3rd 05, 09:15 PM
shreadvector
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Default

Those USPS machines accept 1c, 5c, 10c, 25c, $1 coins and $1, $5, $10,
$20 bills and dispense single or multiple stamps, books of stamps and
then dispense 1c, 5c, 25c, and $1 coins. No dimes come out of this
machine.

  #80  
Old June 4th 05, 01:04 AM
Bruce Remick
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Posts: n/a
Default



"shreadvector" wrote in message
oups.com...
That's great.

You should send a nice letter of praise to the vending operator telling
them how much more convenient these machines are compared to the older
machines in use elsewhere that do not offer change for larger bills. Be
sure to tell them how those older machines often lose sales since
customers often only have larger bills in their wallets.

If only all vending machine operators would do this.....


If I found myself at a vending machine with only a $20 bill, I'd have to be
literally dying of thirst before I'd use it to buy a $1.25 drink and end up with
18 dollar coins in change. If a machine can recognize my $20, it should be able
to stock and feed me a $10 bill among my change; then I could live with 8 dollar
coins. Otherwise, I'd rather find somewhere nearby to change that $20.

Bruce


 




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