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Message:: [QUOTE="Drago the Wolf, post: 1245666, member: 22476"]I was told by people that, only the faceplate would need to have a bigger slot on it, and I wrote a letter to NAMA (National Automatic Murchandising Association) and they said, to accept a half dollar: "Adding tubes for half dollars and ($2 coins) would add millions of dollars in costs for the industry to retrofit existing equipment and purchase new equipment." Now, if it would only cost them "millions", and not tens or hundreds of millions, then getting a few custom made machines refitted to take halves should not cost all that much. But I could be wrong. However, I even talked with a self checkout dealer, and I asked him how much it would cost to get the machines set up to accept and dispense $2 bills and halves as needed, and he told me one or two million dollars would "entertain" the idea, whatever that means. I'm guessing he means, if I gave him a cool mil or two, he would consider it, but not nessassarily do it. I do know that self checkout slots ARE big enough to fit halves, but they just fall into the rejection tray, so self checkouts could probably easily be made to take halves with just adding a tube for them, I'm guessing.   It matters because, I like using cash, my mother blows through about $200 for grocery shopping many times a year (there's you $200 bill purpose) and around the holidays we spend a good $1,000 or more (your reason for both $500 and $1,000 bills) Why does everyone think that only "the bad guys" are going to use high denomination currency? And who cares? That did not stop Europe from issuing 200 and 500 Euro notes, with a 500 that was worth about $880 at one time and is STILL around $750, last time I checked. Ask Europe why they NEED those large denominations if you ever go there, because I would be VERY interested to hear what they tell you. I HATE fist fulls of $100 bills, as opposed to a couple $500 or $1,000 bills, a wad of $100s which are more noticible to muggers and pick-pockets than a couple $500s and $1,000s. Not to mention I got screwed over BIG TIME by a stupid credit card company, where I closed the account because they were telling me I owed them money that I DID NOT owe, so I paid them off once, and they said all was good. Then I got another bill and they said this would be the last bill, so ticked off as I was, I paid it off. Then they sent me a third bill, so I called the idiots, and they told me to just ignore anything else that came in, and I was good. Six months later, I got a frickin' "six months late" notice, so I got in contact with the attouney General over it, and am trying to find a way to get the credit card company's ass in trouble. And also, when I bought my first truck for $900, I told the guy I was buying it from, that they should bring back $500 bills for this type of purchase, and he said H:devil:ll, bring back the $1,000 bill", and I told him "And add a $200 bill as well, and we both agreed. More people who do private deals are more comfortable accepting cash. But as I said, its a matter of conveinience. My mother also won three progressive bingo jackpots for over $2,000 and the group gave her a check, and she told me when she cashed it, that she would have prefered a couple $200s, and $500s and maybe even one $1,000 bill, to make it easier and more discreet for her to carry out of the bank. And h:devil:ll, if I won that much money, I would want access to AT LEAST $200 AND $500 bills. Not to mention at stores, I am waiting in a long line for about a half hour, then I get up to one customer before me, who whips out their cards or checks and the machine goes haywire, leaving me to wait, who knows how much longer, but usually, its a long, long time. These problems could be avoided if they still used "CASH ONLY" lines in stores, or thelarge bills could be fed into self checkouts that could be programed to take them. Most people are not going to use dollar coins either and from what I hear from a 7 Eleven cashier buddy, those go right on back to the bank (if I don't buy them) after they are spent there, but the U.S. Mint still has plenty of those, and keeps on making more of them. So, if people can have a choice between $1 bills and dollar coins, why can we not have a choice between debit/credit/checks and $200/$500/$1000 bills? Well, from what I hear and read, the demand for $100 bills is steadily rising, especially overseas, where other underdeveloped countries prefer our currency as a strong store of wealth to put away (Yeah, I know, and the drug dealers over there probaby use them, but thats not the point) The point is, if the demand for $100 bills is steadily rising, as are the costs of printing $100 bills, due to needing to add high tech anti-counterfeiting measures to them, would it not be wiser to print a few $200, $500, and $1,000 bills to free up some of that space, and those printing costs on printing so many new $100 bills? I would think so. Like the $1 and a $2 coin replacing the $1 and $2 bills, eliminating the cent, and making our coinage out of cheaper metals, printing higher denominations of U.S. Federal Reserve notes would save a lot of money. Probably at least tens of millions to hundreds of millions of dollars that can be better spent elsewhere. And I've had my local banks and credit unions say they would love a $200, $500 and $1,000 bill, because they deal with huge amounts of cash every day. So obviously someone wants them and the demand is there. So they could print some for overseas deals and lave a few at local banks and credit unions here in the U.S.[/QUOTE]

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