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#61
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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 |
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#62
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BRING BACK THE IKE DOLLAR COINS!!!! I just had to say it...
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#63
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Why?
The APOLLO XI Dollar Coin is Ok as is and works in vending machines. just don;t turn it over and look at Susan B. Anthony if you don't want to. |
#64
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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 |
#65
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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 |
#66
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Ike dollar coins are big and hefty and fun to collect. I was a kid when
the Ikes were circulating, back then one Ike dollar coin would buy me two packs of cigarettes. I never said I was a good kid : ) |
#67
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Hey, I'm with you Ed. I like Ike's.
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#68
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"Balaji Murthy" wrote in message ... 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 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 |
#69
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"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 $1 bills, it would seem that people are using more coins than bills but fewer dollar coins than dollars. Not trying to make any kind of point, just providing information. boB |
#70
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"Bob" wrote in message link.net... "Bruce Remick" wrote in message news:UINne.9214$%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. Bruce |
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