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<p>[QUOTE="Numbers, post: 3844846, member: 11668"]Some vending machines and self-checkouts *do* accept $2's. They rarely advertise the fact, but if you just try to insert a $2, it works surprisingly often. But currency-handling equipment at banks and the Fed certainly has to recognize $2's, and that's where a proliferation of commemorative designs would be likely to cause trouble. One redesign of the $2 could be done without too much trouble, just like the redesigns of the other denominations; but you were suggesting a whole series of commemorative designs, which could get more complex since it'd put a large number of designs in circulation simultaneously.</p><p><br /></p><p>Most machines can obviously be updated to handle new designs, but there's a limit; the chip in the machine only has so much memory. Many vending machines no longer accept the old "small-head" currency, because they don't have enough memory to deal with three design generations at once. (And there are still a fair number of older machines that only recognize $1's and can't be reprogrammed; that's why the vending industry has been so opposed to redesigning the $1 bill in particular.)</p><p><br /></p><p>I'm not entirely sure how other nations handle commemorative banknotes, but I notice that the nations that issue them tend to have much smaller amounts of currency outstanding than does the USA, so that their central banks' currency processing is probably a lot less automated than ours to begin with.[/QUOTE]</p><p><br /></p>
[QUOTE="Numbers, post: 3844846, member: 11668"]Some vending machines and self-checkouts *do* accept $2's. They rarely advertise the fact, but if you just try to insert a $2, it works surprisingly often. But currency-handling equipment at banks and the Fed certainly has to recognize $2's, and that's where a proliferation of commemorative designs would be likely to cause trouble. One redesign of the $2 could be done without too much trouble, just like the redesigns of the other denominations; but you were suggesting a whole series of commemorative designs, which could get more complex since it'd put a large number of designs in circulation simultaneously. Most machines can obviously be updated to handle new designs, but there's a limit; the chip in the machine only has so much memory. Many vending machines no longer accept the old "small-head" currency, because they don't have enough memory to deal with three design generations at once. (And there are still a fair number of older machines that only recognize $1's and can't be reprogrammed; that's why the vending industry has been so opposed to redesigning the $1 bill in particular.) I'm not entirely sure how other nations handle commemorative banknotes, but I notice that the nations that issue them tend to have much smaller amounts of currency outstanding than does the USA, so that their central banks' currency processing is probably a lot less automated than ours to begin with.[/QUOTE]
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