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



 
 
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  #61  
Old June 3rd 05, 09:02 PM
Balaji Murthy
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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.


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  #62  
Old June 3rd 05, 09:15 PM
shreadvector
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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.

  #63  
Old June 4th 05, 01:04 AM
Bruce Remick
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"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


  #64  
Old June 4th 05, 02:10 AM
A.E. Gelat
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What makes you think that it is not possible to spend the 18 dollar coins as
soon as the next purchase of anything?

Tony

"Bruce Remick" wrote in message
news:5e6oe.9357$%Z2.4516@lakeread08...


"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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  #65  
Old June 4th 05, 02:23 AM
Bruce Remick
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"A.E. Gelat" wrote in message
...
What makes you think that it is not possible to spend the 18 dollar coins as
soon as the next purchase of anything?

Tony


What gave you the impression I think it's not possible to spend the 18 dollar
coins on my next purchase? All I said is that I would not want 18 dollar coins
in change from a vending machine any more than I would want that many from a
clerk at a register. If all I had with me was a twenty and I wanted something
from a vending machine, I would borrow a smaller bill from someone or simply
pass until later.

Bruce


  #66  
Old June 4th 05, 11:01 AM
htimS boB
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"Balaji Murthy" wrote in message
...
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 think it is up to the individual vending company what machines take. The
company my stepdad works for is pretty jerky. They probably have the
cheaper machines that don't take bills larger than $1 and they do NOT give
dollar coins in change. I live in Florida. I have never had cause to
deposit more than $1 in a vending machine. If I don't have a dollar bill, I
just don't get to eat. I would not want to risk losing $19 by depositing
$20. YMMV

boB


  #67  
Old June 4th 05, 10:40 PM
Fred Shecter
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http://www.geocities.com/fredeshecter/flipswitch.doc

Link above has instructions for many of the most common vending machine
change mechanisms. As you can see, virtually ALL will accept any
denomination of paper currency IF the switches are set correctly or if they
are programmed properly.

Any junior high school student could do it.

You won't "lose" your $20 bill. People do not lose them when using USPS
vending machines.

You should be MUCH more worried about using a wireless payment device (like
a cell phone or Mobil pay-pass) or using a credit or debit card.

--
-Fred Shecter
remove zorch two places to reply
Current eBay auctions:
http://search.ebay.com/_W0QQgotopage...sortpropertyZ1
"htimS boB" wrote in message
hlink.net...

"Balaji Murthy" wrote in message
...
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 think it is up to the individual vending company what machines take.
The
company my stepdad works for is pretty jerky. They probably have the
cheaper machines that don't take bills larger than $1 and they do NOT give
dollar coins in change. I live in Florida. I have never had cause to
deposit more than $1 in a vending machine. If I don't have a dollar bill,
I
just don't get to eat. I would not want to risk losing $19 by depositing
$20. YMMV

boB




  #68  
Old June 5th 05, 09:29 PM
Balaji Murthy
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Posts: n/a
Default


"Bruce Remick" wrote in message
news:ao7oe.9364$%Z2.811@lakeread08...

"A.E. Gelat" wrote in message
...
What makes you think that it is not possible to spend the 18 dollar coins
as
soon as the next purchase of anything?

Tony


What gave you the impression I think it's not possible to spend the 18
dollar
coins on my next purchase? All I said is that I would not want 18 dollar
coins
in change from a vending machine any more than I would want that many from
a
clerk at a register. If all I had with me was a twenty and I wanted
something
from a vending machine, I would borrow a smaller bill from someone or
simply
pass until later.

Bruce


I can see the point. However, it to far better to get the change in dollar
coins than quarters (as sometimes one does - with "change" machines next to
these vending machines), considering I usually use a $5 bill in the machine.

- Balaji


  #69  
Old June 6th 05, 02:43 AM
Bruce Remick
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Posts: n/a
Default



"Balaji Murthy" wrote in message
...

"Bruce Remick" wrote in message
news:ao7oe.9364$%Z2.811@lakeread08...

"A.E. Gelat" wrote in message
...
What makes you think that it is not possible to spend the 18 dollar coins
as
soon as the next purchase of anything?

Tony


What gave you the impression I think it's not possible to spend the 18
dollar
coins on my next purchase? All I said is that I would not want 18 dollar
coins
in change from a vending machine any more than I would want that many from
a
clerk at a register. If all I had with me was a twenty and I wanted
something
from a vending machine, I would borrow a smaller bill from someone or
simply
pass until later.

Bruce


I can see the point. However, it to far better to get the change in dollar
coins than quarters (as sometimes one does - with "change" machines next to
these vending machines), considering I usually use a $5 bill in the machine.

- Balaji


Yep. A pocket full of quarters might be just as unpleasant, unless you're a
dedicated quarter-searcher. The moral I guess would be to carry either a couple
of dollar bills or dollar coins at all times, in case a vending machine looms.

Bruce


  #70  
Old June 6th 05, 03:08 AM
PC
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"shreadvector" wrote in message
oups.com...
* 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.


Fred,

Are banks obligated to order them if you insist? What recourse does one
have if your local bank manager won't oder them for you?


 




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