Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
300,000 items to help build your collection! Specializing in Modern Numismatics Royal Estate Auctions - $1 Coin AuctionsJoin Thousands of Coin, Bullion, & Money Collectors Vancouvers #1 Coin and Paper Money Dealer Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Coin, Banknote and Medal Collectors's Online Mall








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

My Draft To Congress On Mostly Coin Issues But Paper As Well

To participate in the forum you must log in or register.
First Page Previous Page  Showing last 15 replies.
Author Previous TopicReplies: 31 / Views: 4,975Next Topic Page 3 of 3
Moderator
Learn More...
United States
190122 Posts
 Posted 09/30/2013  3:49 pm  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
And is it me or am I the only one that has vending machines that accepts plastic now?
They are increasingly common here. Because of them I have bought more than one Pepsi that I otherwise would not have been able to purchase.
Bedrock of the Community
United States
10048 Posts
 Posted 09/30/2013  4:42 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list
Never seen a plastic accepting machine yet.

How much squash could a Sasquatch squash if a Sasquatch would squash squash?
Download and read: Grading the graders
Costly TPG ineptitude and No FG Kennedy halves
https://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2
Pillar of the Community
United States
1391 Posts
 Posted 09/30/2013  4:45 pm  Show Profile   Bookmark this reply Add allranger to your friends list

Quote:
Never seen a plastic accepting machine yet.


I can second this.
Bedrock of the Community
13014 Posts
 Posted 09/30/2013  7:24 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list
All the new vending machines around here accept plastic. I've actually seen some that only take plastic
Valued Member
United States
317 Posts
 Posted 09/30/2013  11:40 pm  Show Profile   Bookmark this reply Add PennyPiggy to your friends list
Fox,

I disagree with you on this one but that's ok. Thanks for the posts because it makes me aware of what people are thinking and keeps me up to date on issues. Thanks for the contribution.
Pillar of the Community
708 Posts
 Posted 10/03/2013  12:25 am  Show Profile   Bookmark this reply Add Fox to your friends list

Quote:
Its a non issue. It doesn't come anywhere close to 100 dollars to print a 100 dollar bill.


It doesn't come anywhere close to one dollar to print a $1 bill, yet they STILL want to replace it with a dollar coin, so, whats your point?
Moderator
Learn More...
United States
190122 Posts
 Posted 10/03/2013  5:42 pm  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
It doesn't come anywhere close to one dollar to print a $1 bill, yet they STILL want to replace it with a dollar coin, so, whats your point?
The dollar coins last about fifty times longer.
Bedrock of the Community
United States
10048 Posts
 Posted 10/03/2013  6:05 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list
...cost a LOT more to ship/handle en masse; our Canadian neighbors have proven to us with replies to posts on CCF that the weight of coin vs paper/polymer is most definitely a problematic issue; and the Canadians also have told us they end up personally having way too many of the $1.00 coins despite having a 2.00 coin (some may think a 2.00 would help alleviate the problem).

C'mon jbuck... did you expect me not to post this

How much squash could a Sasquatch squash if a Sasquatch would squash squash?
Download and read: Grading the graders
Costly TPG ineptitude and No FG Kennedy halves
https://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2
Bedrock of the Community
13014 Posts
 Posted 10/03/2013  6:12 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list

Quote:
It doesn't come anywhere close to one dollar to print a $1 bill, yet they STILL want to replace it with a dollar coin


A small percentage of people do. Theres no real serious movement in congress or the public to eliminate the 1 dollar bill. If the majority of the public felt strongly about it the dollar coins would have been a success. The majority of the public really doesn't care or likes the dollar.

Theres also a difference between making like 50 cent or 90 cents for a dollar and 99+ dollars for a 100 dollar bill.
Pillar of the Community
Canada
2805 Posts
 Posted 10/03/2013  6:35 pm  Show Profile   Bookmark this reply Add nalaberong to your friends list
But it's still profit...?
Valued Member
Ireland
131 Posts
 Posted 10/03/2013  7:57 pm  Show Profile   Bookmark this reply Add Spikey Norman to your friends list

Quote:
Maybe its because I said: $100 bills are steadily increasing in demand, especially overseas where most people are "used" to larger denominations, due to 200 and 500 Euros



Interesting stuff but I would like to just give a little perspective on the above. Certainly in Ireland people are not "used" to larger denomination notes at all, in fact most are highly unlikely to have ever seen either a €200 or €500 note in the flesh and even a €100 note in general circulation would be a rarity. Go to a drink link (ATM) over here and draw a couple of hundred out and it will almost certainly comprise €20 and/or €50 notes only.

Norm
Pillar of the Community
United States
1817 Posts
 Posted 10/07/2013  8:10 pm  Show Profile   Bookmark this reply Add Bizybackson to your friends list
If you want this to fly, sir, you need to try a much different tactic. Writing to congresspeople is a waste of time and effort. Try discovering who the vending machine lobbyists are and working with the vending machine industry to see what their concerns are because they will not want to use any of their $$$ retrofitting old vending machines. If there is a government subsidy or kickback to converting the old machines, then they might talk. It has to be workable from their bottom line perspective or expect all dollar coin initiatives to fail, IMO.
Moderator
Learn More...
United States
190122 Posts
 Posted 10/08/2013  11:20 am  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
...and the Canadians also have told us they end up personally having way too many of the $1.00 coins...
And they are doing it wrong. One should never have more than a single One Dollar Coin and two Two Dollar Coins in their pocket at any time. If one does not make an effort to use their change on the next transaction, then they can only blame themselves for heavy pockets.

The existence of people who cannot properly use their change is not a valid excuse for not using the dollar coin.
Bedrock of the Community
United States
10048 Posts
 Posted 10/08/2013  1:05 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list

Quote:
The existence of people who cannot properly use their change is not a valid excuse for not using the dollar coin.


Nah - Canadians tend to be pretty smart people as a whole - its just that they are stuck with two inconveniences:

1. Bite the bullet and use the things, ending up with too many of them (BTW - I like the looks of Loonies - just glad they are not here ), or
2. Take the time (not necessary if not for governmental coercion) to plan which monetary units are used to pay for something to minimize carrying/accumulating the things in my pockets/car/home - but life is busy enough nowadays without needing to add more.

For fun I tried to step back on this and look at it as best I could from a non-numismatist point of view.

Joe Numismatist: Hey these thing are great! And to avoid the natural side effect of accumulating masses of these coins, all you have to do is keep a mental, running inventory of what change you posses at any given time and use that inventory to plan how to pay for items to keep holding them at a minimum!

Joe U.S. Public: You want me to what?!

Joe Numismatist: Sure, just take the time to keep track of pocket change and think ahead to minimize getting more of this specific coin in return!

Joe U.S. Public: You've got to be kidding me! I can't even make change without a calculator! Is there an iPhone app for that?



That's it! I could make an iphone app and finance some of the coins I want to buy!

How much squash could a Sasquatch squash if a Sasquatch would squash squash?
Download and read: Grading the graders
Costly TPG ineptitude and No FG Kennedy halves
https://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2
Moderator
Learn More...
United States
190122 Posts
 Posted 10/08/2013  3:32 pm  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
all you have to do is keep a mental, running inventory of what change you posses at any given time and use that inventory to plan how to pay for items to keep holding them at a minimum!
Yes, in our idiocracy, remembering you have three quarters and two one dollar coins is soooo difficult to remember.

I am not buying it. Like anything else, the more you do it, the more automatic it becomes. I do not even think about it, I just know what I have available. Even if one does not remember the exact coins in their pocket, doing it right means having less than a palm of change, which is easy to scan for what can be used. It is not rocket science, it is not even elementary science, it is basic math.



Quote:
Joe U.S. Public: You've got to be kidding me! I can't even make change without a calculator! Is there an iPhone app for that?
Our debating is moot. Plastic will win in the end [1].
Page 3 of 3   Previous TopicReplies: 31 / Views: 4,975Next Topic Page 3 of 3
First Page Previous Page  Showing last 15 replies.
To participate in the forum you must log in or register.


    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.47 seconds to rattle this change. Forums