Replace The Dollar Bill With The Dollar Coin? New Twist...

Really? I bet they don't take cents or halves.

Many modern coin acceptors would take brass bucks with a ten cent modification: replace the slot on front of the machine so that a dollar coin will fit. Yep, the mech inside the machine works fine, but you can't physically put a BB in the slot.

Vending companies would love to see dollar coins in use, and I've even seen dollar slots on pinballs and videos back in 1979, quarter a game 5/$1.

Change mechs cost a fraction of what bill mechs do, and have many fewer service problems. Think of how many times you had to fight a machine to get it to take a bill, versus almost never have a problem with an undamaged coin.




Those machines are rapidly becoming obsolete (cigarette machines being the first) due to inflation. Upright feeds on washers will only hold 8 quarters across or 5 dollars + 3 quarters, almost tripling the pricing range. Using dollar coins greatly increases the convenience and capacity, and many machines already have mechs in them that need no modification.




Do the math. A million ones or a million BB take the same space. If you use twos, you'd have to have 20 transactions to need 20 BB. That's one batch of flea market haggling. I carry 5-10 BB, and those cover tips and even a few $2-3 purchases.




Sounds like the Kresge's that "didn't have room" for $2 bills, because they had about 200 ones taking up two slots. Or maybe the DQ that didn't have room for $2 bills, but had one-five-ten and twenty slots. I asked them if they got a lot of fifties, they said no. Then why do you need 20s for change? All of these arguments are just excuses for "I don't want to change".

People made just as big a stink when we switched from horseblankets to modern notes in 1928. It's been almost a century since the notes were made, and they still make tri-fold wallets for them.

How is it your fault that their equipment is over 30 years out of date? Mass transit companies love BB. They can tell how many BB are in a box in 2 seconds flat, and confirm the count at 30 coins a second, 250 coins a second with new equipment.




That was a lame excuse with sbas, it's even lamer today. A blind kid can tell the difference between a cent and a dime, which are far closer than a quarter and a BB. I'd be ashamed to admit I couldn't tell the difference, especially with the BB being a different color.




You underestimate the public. It's not going to take $3 per American to recognize BBs, as there are already billions of them in circulation. Here, this is a BB. Comes in this color with "one dollar" or clad with an old woman. Any questions? $3 please.

Biggest reason is the huge number of people who can't do 2nd grade math.

I'm amazed at the number of people who don't have checking accounts because they keep overdrawing them. Most of them don't have debit cards (no checking account) or credit cards (not creditworthy, because they make bad money decisions). They can either deal in cash until it runs out, or pay to get a debit card to use their own money.

And of course, if they get a check, lots of places will be happy to charge them a lot more money to cash them than if they had a checking account.

People "prefer" what is handed them. Thursday, I had a lady thank me so much it was almost embarrasing. CPR on her pit bull? No, I gave her three brass bucks.

A friend of mine got 200 twos the other day. Had to wait 15 minutes for the timed vault.

If everyone who wanted tens was made to wait 15 minutes, how soon would it be until they just quit asking and took fives instead?

I'll remember that the next time I attempt to see my eye doctor. Maybe those doctors are missing what you know about my eyes. And the many, many others with really bad or poor eyes or no sight at all.
To be so critical of others physical problems you must really be the medical expert.


Since I take them every day, I guess the conductors I talk to need to talk to you. Why should they know what they are doing anyway.

I'm sorry if you feel picked upon. Vision is not needed to tell the difference between the two.

I think biggfredd has provided a good answer to everything I would have since my last posting. That makes my job a lot easier; not having to continually beat that dead horse.

The $1 coin supporters are forgetting something basic - eye appeal counts. The $1 bill is an attractive note, while the brass bucks look like second-rate arcade tokens. George Washington looks like Grandpa Munster on the $1 coin, while Van Buren's hair resembles Larry of the 3 Stooges.

Ugly doesn't sell or convince people. If you want to win this debate, give the public something that looks nice. By the way, I'm a big fan of the $2 bill.

I'll be glad to pass that on next week at my hospital. Please let me give your name and phone number to all those with poor or no eyes. Your great medical knowledge is way above theirs. I'm sure your vase medical information would be welcomed at my hospita.
As to this dollar coin thing. It was already noted and I've mentioned this many times in the past. Soon enough all monitary types of coins and currency will fade away. Already the amount of times coins and/or bills is vanishing in many places. My Son does not carry any form of cash except a few coins for an emergency. Same with some of my neighbors. They now use credit/debit cards almost exclusively. Everywhere I go I see more and more people using plastic cards or checks. Used to be a pain in lines but now those cards are making it faster than cash.
My Son really amazed me when he simply passed his card by a gas pump for gasoline. With all the intercontental trading being done, electronic money is the really only good solution to all the problems with how much is that in Italy or Russia or China. More amd more poeple in buisnesses almost want all plastic transactions for accountability.
I am well aware that many places in the USA and in mamy countries it is presently not possible but it is coming eventually.
Europes attempt at one type of money is only the start.