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The Solution For Getting Halves And Dollar Coins Circulatin

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Valued Member
United States
179 Posts
 Posted 10/15/2014  11:13 am  Show Profile   Bookmark this reply Add ambro51 to your friends list Get a Link to this Reply
PS if the govt wants these things in use then on your 1040 there should be a box to check saying " accept $1 coins for your refund increases the amount 5%"......
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Foxwoods Man's Avatar
United States
4901 Posts
 Posted 10/15/2014  3:04 pm  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
...except the gubberment gave up on getting people to use them....if they REALLY wanted to get them used they would just eliminate the freakin dollar bill
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jbuck's Avatar
United States
188770 Posts
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pls's Avatar
United States
1729 Posts
 Posted 10/15/2014  4:56 pm  Show Profile   Bookmark this reply Add pls to your friends list Get a Link to this Reply
I buy a roll of dollar coins every month and give them out as change or, mostly, tips. I would imagine that they go straight to the vendor's bank and never back as change.

Side note - my credit union cannot seem to get dollar coins. I have to go with my brother to his bank when he does his once-a-month business there.

Dollar bills are bulkier than dollar coins, which is one good reason for using the coins instead, depending on how you carry your money.
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sirdizzy's Avatar
United States
461 Posts
 Posted 10/16/2014  11:30 am  Show Profile   Bookmark this reply Add sirdizzy to your friends list Get a Link to this Reply
MY Credit Union carries the dollar coins pretty much just for me, they stopped carrying them but I complained until they carried them again. I get like 10-20 of them a week.
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DoubleEagle20's Avatar
United States
1748 Posts
 Posted 10/19/2014  4:35 pm  Show Profile   Bookmark this reply Add DoubleEagle20 to your friends list Get a Link to this Reply
The solution is removal of the cent, nickel and $1 note immediately from circulation. Leave the dime in circulation and round cash prices to the nearest ten cents. Start production of a new smaller, octagonal cupronickel clad half dollar and bimetallic two dollar coin. Cease production of the quarter, but leave them in circulation until half dollar amounts are sufficient. Withdraw two notes when levels of the new bimetallic coins are sufficient.
We would then have only four coins needed. 10c, 50c, $1 and $2. That would leave enough room in registers for a new $5 coin.
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jbuck's Avatar
United States
188770 Posts
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Earle42's Avatar
United States
10038 Posts
 Posted 10/30/2014  11:45 am  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply
My grandfather had laundromats for years, starting in the 50s. This included not only washers and dryers, but also vending machines. The ONLY machine he had that would take half dollars was the machine meant for cashing in half dollars into two quarters!

And what was the machine that always needed the least amount of service? In other words he only had to "empty" them once a week, and might get up to as many as many as 10 halves? The half dollar changers. During the late 70s & 80s, he kept the machines b/c people were using the machines to raid their coin collections of silver halves to get money for washing.

He had locations with half dollar changers in a rural area, and in the city. It seemed the rural areas would produce a few more halves, but the overall tally was still pretty low.

He used to tell me people DID use halves when they had buying power. But just one in a pocket of change was enough.
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