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Presidential Dollar Coin Production Suspended
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<p>[QUOTE="I.B. Washincars, post: 1327430, member: 2054"]I am a car wash owner and the $ coin gets discussed over on the car wash forum from time to time as well. I will add to two segments of the discussion.</p><p><br /></p><p>Regarding the acceptance in vending machines. I bought two machines (like used for snacks) back in 1991 to vend car wash items. I didn't specify any certain acceptor or coin acceptance. They both came with Coinco 9300 series (9302-LF I believe) acceptors, which had the dip switch for the $ coin. I flipped it to "accept $" and it immediately was accepting SBAs.</p><p><br /></p><p>Regarding "Carrying around a pocketful of coins". Well, that statement just doesn't hold water at all. Undoubtedly, if they kill the $ bill the banks will just order $2 bills instead. Whenever that were to happen, there would not be any reason to get over one $ coin as change. Change would most likely be handed out as follows.</p><p><br /></p><p>$9 = 5,2,2</p><p>$8 = 2,2,2,2 since this would be simpler for most cashiers that 5,2,$coin</p><p>$7 = 5,2</p><p>$6 = 2,2,2 same reasoning as $8 applies</p><p>$5 = 5</p><p>$4 = 2,2</p><p>$3 = 2,$coin</p><p>$2 = 2</p><p>$1 = $coin</p><p><br /></p><p>The coin is really only needed and most likely would only be used when 1 or $3 is required.[/QUOTE]</p><p><br /></p>
[QUOTE="I.B. Washincars, post: 1327430, member: 2054"]I am a car wash owner and the $ coin gets discussed over on the car wash forum from time to time as well. I will add to two segments of the discussion. Regarding the acceptance in vending machines. I bought two machines (like used for snacks) back in 1991 to vend car wash items. I didn't specify any certain acceptor or coin acceptance. They both came with Coinco 9300 series (9302-LF I believe) acceptors, which had the dip switch for the $ coin. I flipped it to "accept $" and it immediately was accepting SBAs. Regarding "Carrying around a pocketful of coins". Well, that statement just doesn't hold water at all. Undoubtedly, if they kill the $ bill the banks will just order $2 bills instead. Whenever that were to happen, there would not be any reason to get over one $ coin as change. Change would most likely be handed out as follows. $9 = 5,2,2 $8 = 2,2,2,2 since this would be simpler for most cashiers that 5,2,$coin $7 = 5,2 $6 = 2,2,2 same reasoning as $8 applies $5 = 5 $4 = 2,2 $3 = 2,$coin $2 = 2 $1 = $coin The coin is really only needed and most likely would only be used when 1 or $3 is required.[/QUOTE]
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