On 1/18/2011 5:36 PM, DGDevin wrote:


wrote in message
...

one and 5 dollar bills shouldnt be paper, make them low weight coins
for easy carrying.

Which would require the banking, retail and vending machine industries
to spend many billions of dollars to accommodate the new coinage, and
who do you suppose they'll pass that cost onto?

Banking, and vending machines are set up for $1 coin. Vending machines
have been accepting them for over 15 years. Actually when the SBA coin
first came out arcade machines boasted that they accepted them, even
gave an extra credit or two if you used the SBA coin. That was ????
early 80's? And they did make mechanical $ acceptors just for it.

If a new vending machine doesn't accept dollar coins, it's because the
owner has it set that way. Just a flip of a switch. Those coin
acceptors/rejectors are almost all electronic. They sense what metals
roll by the sensors.

I once fixed a disposable camera vending machine. I had never seen one
before. It only accepts $ coins. The owner of the machine gets the
dollar coins from the bank and from in the machine and keeps the front
desk stocked with them.