i went to the vending machine today just to see if one my presidential works, it did. Turns out you CAN use them as currency, because from what i read in CoinAge, the government first started out with the sac coin in '95 i think then went to the Presidential. People viewed them as curiosity pieces, so they didnt use them.
The good thing about using them at a vending machine is that, unless there is a camera, nobody can catch you.
Yes, you are correct. Sorry about the "no, no, no" part. I had come back from court and a heated argument with opposing counsel an was a little bit jazzed up. Yes, technically if the merchant wants to accept pesos and pretzels they can. In fact, a pizza chain in Texas accepts pesos now for pizzas if the speaker can say something in Spanish when ordering, as a publicity / advertising stunt. I'll have to dig up the article.
Two years ago I tried using them to pay the driver of a carpool. He thought that they were play money. The other passengers didn't know what they were, either.
We have a snack machine at work that if you put in a 5 dollar bill in it and get a snack for 1 dollar(or less) will give you change in dollar coins.
I don't think that a merchant has the authority to accept "anything" (such as skittles) as "money". They can certainly trade for something that you have but then thats a trade not a purchase with money. The term money is specific to the US Government. Especially with regard to items which "look" like money but in fact are not. Minor point but an important one none the less.
Correct. Folks, money is only money because the US Government says so. Otherwise, its as much a hunk of copper and/or nickel like every other chucky cheese token with just as much cash value.
At my work there is a sign on the snack machine that reads : "the dollar coins are NOT tokens - they are official United States currency which may be used anywhere cash is accepted. " Today the machine gave me 3 of the Sacagawea agricultural dollars. Imust say they are great looking coin s with hardly a mark on them - I would grade them ms67. The rolls of presidential dollars I used to look through were always beat up, even when new.
Bottom line, my point of view now : you can use the dollar coin, but only in vending machines, toll booths, areas like that. Stores you can, but they don't necessarily have to accept them. Then again, they are very beautiful coins.
I never had any problems using dollar coins anywhere, be it the local grocery store, movie theater, retail store, restaurant, etc... I usually get a few rolls when I get paid then pay the kids their allowance with them as well as use them for their lunch money. Never had any problem. If I have a problem with any coin, it's halves because people are too stupid to read them and think they're dollar coins. LOL I also get asked why I'm spending $2 notes. Cashiers can't seem to understand you can get them at banks, nothing special to them.
My bad. I was thinking SBA. Jet lag from just getting back from New Orleans working the hurricane for over two weeks. I will crawl back into my hole now.