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<p>[QUOTE="Conder101, post: 1325245, member: 66"]You are correct. If the machine is from before 1979 and the coin mechanism has never been upgraded or replaced in the past 32 years then it won't take dollar coins. But machines like that are few and far between. </p><p><br /></p><p><br /></p><p><br /></p><p>Not likely. You would have to show the loss of hundreds of millions of dollars in assets in the budget. No they will simply be stored and slowly released to satisfy demand from those areas that have major public transit that uses them. Drawdown is about 6 million coins a month for that purpose. Just as they did with the SBA dollars from 1979 to 1999. At that time they had about a billion of them in storage and the drawdown was 5 million coins a month. Took twenty years to consume them all. Today we have more than that in storage, but the drawdown is greater so it is still going to take twenty years to get rid of them unless they stop the dollar note. And if they don't do anything else we can expect them to issue a new small dollar around 2031. Maybe by then they will realize they need to drop the dollar note (Which by then will have the purchasing power of today's cent.)[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 1325245, member: 66"]You are correct. If the machine is from before 1979 and the coin mechanism has never been upgraded or replaced in the past 32 years then it won't take dollar coins. But machines like that are few and far between. Not likely. You would have to show the loss of hundreds of millions of dollars in assets in the budget. No they will simply be stored and slowly released to satisfy demand from those areas that have major public transit that uses them. Drawdown is about 6 million coins a month for that purpose. Just as they did with the SBA dollars from 1979 to 1999. At that time they had about a billion of them in storage and the drawdown was 5 million coins a month. Took twenty years to consume them all. Today we have more than that in storage, but the drawdown is greater so it is still going to take twenty years to get rid of them unless they stop the dollar note. And if they don't do anything else we can expect them to issue a new small dollar around 2031. Maybe by then they will realize they need to drop the dollar note (Which by then will have the purchasing power of today's cent.)[/QUOTE]
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