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Ended - Project $100k- Circulating Dollar And Half Dollar Coins

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WheatHunter's Avatar
United States
108 Posts
 Posted 06/07/2015  1:54 pm  Show Profile   Bookmark this reply Add WheatHunter to your friends list Get a Link to this Reply
Spent 3 SAC$

$14,743 to go!
Pillar of the Community
United States
5214 Posts
 Posted 06/07/2015  2:55 pm  Show Profile   Bookmark this reply Add jack jeckel to your friends list Get a Link to this Reply
Spent $8.50 in halves at the beer store.

Spent $5 in halves and dollar coins including 1 Ike at Burger King for lunch.

$14,729.50 to go
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SilverRoosevelt's Avatar
United States
917 Posts
 Posted 06/07/2015  6:03 pm  Show Profile   Bookmark this reply Add SilverRoosevelt to your friends list Get a Link to this Reply
I spent $1 in halves to gain admission to a car museum. Then, I spent $6 in dollar coins to buy a sandwich from a deli, for a total of $7 in coins.

$14,722.50 to go.
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Fuzzy317's Avatar
United States
14463 Posts
 Posted 06/07/2015  9:04 pm  Show Profile   Bookmark this reply Add Fuzzy317 to your friends list Get a Link to this Reply
2 Ike$ as tip at breakfast this morning

$14,720.50 to go

Total Ike$ Spent on Project 100K = 7690
Valued Member
Farm_Flavor's Avatar
United States
113 Posts
 Posted 06/09/2015  12:34 pm  Show Profile   Bookmark this reply Add Farm_Flavor to your friends list Get a Link to this Reply
I joined the Forum because of this project and my desire to report on my coin / money philosophy. As a farmers market seller of produce, we have to give change constantly and can make some choices as to how we do that. I made a decision 9 years ago to do things differently than our competitors just like we grow and sell unusual vegetables, we take mostly Half dollars and two dollar bills to market for making change.
This highlights our different nature and quality of products. I had thought of using dollar coins too, but that presents a MAJOR practical problem as we get vastly more dollar bills in payment for produce than anything else. So, despite my desire to use the dollar coins, they are not part of our strategy.
How does this relate to the project in this thread? Well, I have moved from around $200 a week of $2 bills and $40 in half dollars to now over $200 in half dollars every week and $600 in $2 bills every week that we give out. Also, it has cut our transaction efforts slightly and the time needed too.
So how much have I sent into circulation of the half dollar coins? Over $60,000 in 9 years. Currently over $10,000 in half dollars per year go into circulation and we account for 3/4 of the half dollars our bank branch sends out.
Grant
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Farm_Flavor's Avatar
United States
113 Posts
 Posted 06/09/2015  12:36 pm  Show Profile   Bookmark this reply Add Farm_Flavor to your friends list Get a Link to this Reply
I should ask the forum how to account for our usage of the half dollars. Would it be the $215 that we gave out on Saturday and Sunday? Or the over $10,000 this past year? Enquiring minds would like to know.
Grant

$215 is included below
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Garoyn's Avatar
United States
513 Posts
 Posted 06/09/2015  12:36 pm  Show Profile   Bookmark this reply Add Garoyn to your friends list Get a Link to this Reply


Nice marketing tool.

Accountability here obviously should be for each transaction--half dollar change for this corn, two half dollars change for that lettuce, etc. [grin, nudge] just kidding, of course!
Edited by Garoyn
06/09/2015 12:38 pm
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jbuck's Avatar
United States
190135 Posts
 Posted 06/09/2015  2:55 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I joined the Forum because of this project and my desire to report on my coin / money philosophy.
to the Community!


Quote:
I should ask the forum how to account for our usage of the half dollars. Would it be the $215 that we gave out on Saturday and Sunday? Or the over $10,000 this past year?
Please start with what you did this past weekend.
Bedrock of the Community
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CelticKnot's Avatar
United States
12869 Posts
 Posted 06/09/2015  3:51 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
What a great idea, Farm_Flavor! and

We'll be done with this project in no time!
Pillar of the Community
United States
5214 Posts
 Posted 06/09/2015  7:53 pm  Show Profile   Bookmark this reply Add jack jeckel to your friends list Get a Link to this Reply
Spent $35 in halves and dollar coins at the gas station.

Spent $32.50 in halves and dollar coins including 1 Ike at Walmart. The young cashier said she had never seen those before.

Spent $6 in halves and dollar coins at Burger King for dinner.

$14,647.50 to go
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Fuzzy317's Avatar
United States
14463 Posts
 Posted 06/10/2015  12:32 am  Show Profile   Bookmark this reply Add Fuzzy317 to your friends list Get a Link to this Reply
Total was a little off, adjusting for that


5 Ike$ for breakfast (the cashier had to ask if they were dollars)
13 SAC$ at retail store for soft drinks
========
18 spent by me
$215 in halves that Farm_Flavor spent
===
233 total

$14,414 to go

Total Ike$ Spent on Project 100K = 7696
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Fuzzy317's Avatar
United States
14463 Posts
 Posted 06/10/2015  8:22 pm  Show Profile   Bookmark this reply Add Fuzzy317 to your friends list Get a Link to this Reply
1 SBA$ in snack machine

$14,413 to go
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SilverRoosevelt's Avatar
United States
917 Posts
 Posted 06/10/2015  11:05 pm  Show Profile   Bookmark this reply Add SilverRoosevelt to your friends list Get a Link to this Reply
I spent $4 in dollar coins to buy a gallon of milk.

$14,409 to go.
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CelticKnot's Avatar
United States
12869 Posts
 Posted 06/10/2015  11:16 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
$4 in Prez $s for a DQ Jurassic Blast Blizzard. Yum!

$14,405 to go.

As a side note, I received a bicentennial quarter in change.
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SaintRidley's Avatar
United States
592 Posts
 Posted 06/11/2015  5:06 pm  Show Profile   Bookmark this reply Add SaintRidley to your friends list Get a Link to this Reply
4 Ikes at the flea market this past weekend.

$14,401 to go.

Total Ikes spent on the project: 7700
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