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<p>[QUOTE="alcochaser, post: 358226, member: 11241"]The dollar coins do circulate in a limited fashion.</p><p><br /></p><p>Their largest use is for "transit tokens". This is what finally depleted the SBA inventories in 1999 and necessitated the SBA's emergency re-minting in 1999</p><p><br /></p><p>Another large use is change machines. Particularly ones that change $20 dollar bills. The Oklahoma Toll Road change machines are an example.</p><p><br /></p><p>Those of latino and oriental ethnicities prefer the $1 coin as well. Ecuador is the most obvious example, but here in this country they use them as well.</p><p><br /></p><p>While the demand is no where near the demand for the $1 Federal Reserve Note, there is demand, and the coin is not unneeded. It serves a niche roll now. They have learned their lesson and are not over minting the coins, collectors and general use is keeping the vaults cleaned out.</p><p><br /></p><p>-most Vending machines are tooled to take them- They just don't have any labeling to that effect!</p><p><br /></p><p>For my own part, I buy roll upon roll of the things and spend them for anything and everything.[/QUOTE]</p><p><br /></p>
[QUOTE="alcochaser, post: 358226, member: 11241"]The dollar coins do circulate in a limited fashion. Their largest use is for "transit tokens". This is what finally depleted the SBA inventories in 1999 and necessitated the SBA's emergency re-minting in 1999 Another large use is change machines. Particularly ones that change $20 dollar bills. The Oklahoma Toll Road change machines are an example. Those of latino and oriental ethnicities prefer the $1 coin as well. Ecuador is the most obvious example, but here in this country they use them as well. While the demand is no where near the demand for the $1 Federal Reserve Note, there is demand, and the coin is not unneeded. It serves a niche roll now. They have learned their lesson and are not over minting the coins, collectors and general use is keeping the vaults cleaned out. -most Vending machines are tooled to take them- They just don't have any labeling to that effect! For my own part, I buy roll upon roll of the things and spend them for anything and everything.[/QUOTE]
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