Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
I might be trying to start a small business and was wondering about vending machines
>
Reply to Thread
Message:
<p>[QUOTE="Drago the Wolf, post: 1244859, member: 22476"]It would be like an ice cream shop resturaunt combo.</p><p><br /></p><p> </p><p><br /></p><p>This is going to sound a bit nuts, but one of the main reasons for me opening this business, is to try to get certain money denominations popular again, and to help me get money to help some of my Congressional issues. I amalso hoping to get into real estate if the business takes off, and try to rent lakefront cottages on a lake near here that rent for anywhere between $700 and $2,000 a week during the summer months. If I get enough money, maybe I could sway Congress into getting on the $200, $500, and possibly $1,000 bandwagon (Not through bribery though. I know bribery is illegal)</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>I would like to have one of these that "accepts" halves, seeing as most toy cranes cost 50 cents each try anyway. It would make more sense and cut the chances of a coin jamming the machine with just one half versus two quarters.</p><p><br /></p><p><br /></p><p><br /></p><p>That sure is something to think about. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /></p><p><br /></p><p> </p><p><br /></p><p>Halves are NOT obsolete. (And no, I'm not yelling :smile ) They just have not been utilzed properly. If vending machines and self checkouts accepted and dispensed halves (and $2 bills) they would be a common thing. As the quarter, and $1 bill's purchasing power deterriorates, the half and the $2 bill make sense to be their replacements. I know that the most logical answer is to get rid of both $1 and $2 bills and replace them with $1 and $2 coins (and as much as I hate to say it, even quit making the half IF the dollar coin takes over the $1 bill) But I do believe that there should always be a $2 denomination (and a 50 cent denomination so long as the $1 bill is around) The problem with the dollar coin is, I have talked to many people at the Ferderal Reserve and the Bureau of Engraving and Printing and asked them if the $1 bill was in any danger, and every single one of them replied "NO" and this was over the past six months or so of talking with them, so I think the best obvious setup is to use both $2 bills and halves as regular money. It may not save as much money as dollar coins would, but it would help.</p><p><br /></p><p><br /></p><p>$2 bills may become very popular if the $1 bill is withdrawn in support of the $1 coin. Bottomline, there are a lot of macroeconomic factors that influence how people use money and I doubt one merchant will have much affect on that. Now, if you're the only store in some small northern Maine or Yooper Michigan town...it might work.[/QUOTE]</p><p><br /></p>
[QUOTE="Drago the Wolf, post: 1244859, member: 22476"]It would be like an ice cream shop resturaunt combo. This is going to sound a bit nuts, but one of the main reasons for me opening this business, is to try to get certain money denominations popular again, and to help me get money to help some of my Congressional issues. I amalso hoping to get into real estate if the business takes off, and try to rent lakefront cottages on a lake near here that rent for anywhere between $700 and $2,000 a week during the summer months. If I get enough money, maybe I could sway Congress into getting on the $200, $500, and possibly $1,000 bandwagon (Not through bribery though. I know bribery is illegal) I would like to have one of these that "accepts" halves, seeing as most toy cranes cost 50 cents each try anyway. It would make more sense and cut the chances of a coin jamming the machine with just one half versus two quarters. That sure is something to think about. :D Halves are NOT obsolete. (And no, I'm not yelling :smile ) They just have not been utilzed properly. If vending machines and self checkouts accepted and dispensed halves (and $2 bills) they would be a common thing. As the quarter, and $1 bill's purchasing power deterriorates, the half and the $2 bill make sense to be their replacements. I know that the most logical answer is to get rid of both $1 and $2 bills and replace them with $1 and $2 coins (and as much as I hate to say it, even quit making the half IF the dollar coin takes over the $1 bill) But I do believe that there should always be a $2 denomination (and a 50 cent denomination so long as the $1 bill is around) The problem with the dollar coin is, I have talked to many people at the Ferderal Reserve and the Bureau of Engraving and Printing and asked them if the $1 bill was in any danger, and every single one of them replied "NO" and this was over the past six months or so of talking with them, so I think the best obvious setup is to use both $2 bills and halves as regular money. It may not save as much money as dollar coins would, but it would help. $2 bills may become very popular if the $1 bill is withdrawn in support of the $1 coin. Bottomline, there are a lot of macroeconomic factors that influence how people use money and I doubt one merchant will have much affect on that. Now, if you're the only store in some small northern Maine or Yooper Michigan town...it might work.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
I might be trying to start a small business and was wondering about vending machines
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...