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Washing machine use dollar coin only.
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<p>[QUOTE="900fine, post: 335685, member: 6036"]That is definitely a trend right now.</p><p> </p><p>Another trend... more vending machines accept currency - $1s <b>and</b> $5s. One's purchase is usually less than $1.00, so they give change for the $5s - 4 <b>$1 coins</b> plus 5c, 10c, and 25c as appropriate.</p><p> </p><p>But there's a bigger issue - Circulating $1 coins have not been popular in the US for 130 years.</p><p> </p><p>Even Morgan $1s - started in 1878 - weren't minted primarily for circulation. They were minted mainly as a way to prop up the price of silver after the discovery of the Comstock Lode, which threatened to drop the price of silver. </p><p> </p><p>That's why there are so many gem unc Morgans from 130 years ago. By and large, they didn't circulate - they sat around in bank vaults. Just like $1 coins do today.</p><p> </p><p>One can get a gem MS65 1878-S Morgan for less than $300.</p><p> </p><p>But <b>smaller</b> <b>denominations </b>of 1870's silver are far <b>more expensive </b>in MS65 - they circulated, so they are fewer uncs.[/QUOTE]</p><p><br /></p>
[QUOTE="900fine, post: 335685, member: 6036"]That is definitely a trend right now. Another trend... more vending machines accept currency - $1s [B]and[/B] $5s. One's purchase is usually less than $1.00, so they give change for the $5s - 4 [B]$1 coins[/B] plus 5c, 10c, and 25c as appropriate. But there's a bigger issue - Circulating $1 coins have not been popular in the US for 130 years. Even Morgan $1s - started in 1878 - weren't minted primarily for circulation. They were minted mainly as a way to prop up the price of silver after the discovery of the Comstock Lode, which threatened to drop the price of silver. That's why there are so many gem unc Morgans from 130 years ago. By and large, they didn't circulate - they sat around in bank vaults. Just like $1 coins do today. One can get a gem MS65 1878-S Morgan for less than $300. But [B]smaller[/B] [B]denominations [/B]of 1870's silver are far [B]more expensive [/B]in MS65 - they circulated, so they are fewer uncs.[/QUOTE]
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Washing machine use dollar coin only.
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