If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. |
|
|
Thread Tools | Display Modes |
#1
|
|||
|
|||
Dollar coins at Cinco de Mayo festival
Yesterday I went to the local Cinco de Mayo festival which in addition to
the requisite brightly colored dancing folks included your standard array of state fair rides. At the fair portion of the event, I saw two dollar coin transactions. In one, a gentleman gave the game attendant a $20 bill and received a number of mixed dollar coins as change. Contrary to popular perception, the transaction went off without a hitch. Even the Susan B Anthony dollar in the mix was not mistaken for a quarter. A few minutes later I observed two attendants exchanging some amount of cash (about $100) for a bag of dollar coins. This tells me that either the fair folks were stocking dollar coins and using them as change, or (more likely) were receiving the coins in notable numbers from their customers. Euther option is a positive sign for the maligned little coins. I neither spent nor received dollar coins myself, though. I bought tickets rather than paying for my rides & games with cash.and my bank had no dollar coins the last time I went. I still don't understand how a bank can justify letting itself run out of dollar coins. If your customers want them in such quantities that you run out and they still ask for more, why the heck wouldn't they order enough coin from the fed to meet the demand? It's basic customer care. IF |
Ads |
#2
|
|||
|
|||
Dollar coins at Cinco de Mayo festival
"Iagos Fool" lamented and pondered anew and afresh:
... I still don't understand how a bank can justify letting itself run out of dollar coins. If your customers want them in such quantities that you run out and they still ask for more, why the heck wouldn't they order enough coin from the fed to meet the demand? It's basic customer care. No offense to any banking personnel who might be lurking here, but it seems to me that there has been a big shift in that regard. That is, there is no longer a keen desire to woo the customer with stellar service. In fact, some banks that I've been in have made me feel like I was somehow intruding and interrupting just by being there. Of course, it didn't take me long to decide to take my business elsewhere in those cases... Amistad 'and you can bank on that' |
#3
|
|||
|
|||
Dollar coins at Cinco de Mayo festival
"Amistad" wrote in message news:463e7d50$0$4677 No offense to any banking personnel who might be lurking here, but it seems to me that there has been a big shift in that regard. That is, there is no longer a keen desire to woo the customer with stellar service. In fact, some banks that I've been in have made me feel like I was somehow intruding and interrupting just by being there. Of course, it didn't take me long to decide to take my business elsewhere in those cases... Amistad 'and you can bank on that' Tomorrow morning I have the distinct pleasure of closing two not so insignificant accounts with a bank with rude personnel, that just sent me a nasty letter stating that I have had too many transactions on my account. Then there is the bank up the street that the tellers save $2 bills and Ikes for me. Ah choices choices. |
#4
|
|||
|
|||
Dollar coins at Cinco de Mayo festival
On Sun, 6 May 2007 14:05:13 -0700, "Iagos Fool"
wrote: Yesterday I went to the local Cinco de Mayo festival which in addition to the requisite brightly colored dancing folks included your standard array of state fair rides. At the fair portion of the event, I saw two dollar coin transactions. In one, a gentleman gave the game attendant a $20 bill and received a number of mixed dollar coins as change. Contrary to popular perception, the transaction went off without a hitch. Even the Susan B Anthony dollar in the mix was not mistaken for a quarter. A few minutes later I observed two attendants exchanging some amount of cash (about $100) for a bag of dollar coins. This tells me that either the fair folks were stocking dollar coins and using them as change, or (more likely) were receiving the coins in notable numbers from their customers. Euther option is a positive sign for the maligned little coins. I neither spent nor received dollar coins myself, though. I bought tickets rather than paying for my rides & games with cash.and my bank had no dollar coins the last time I went. I still don't understand how a bank can justify letting itself run out of dollar coins. If your customers want them in such quantities that you run out and they still ask for more, why the heck wouldn't they order enough coin from the fed to meet the demand? It's basic customer care. Very interesting story! I wonder at this, though: could it be the recent (Latin American) immigrants who can show the way to sensible dollar coin use in the US? Let's keep in mind that many LatAm countries have long had high valued coins; and Ecuador, where the US$ is the national currency, uses a lot of dollar coins (that might explain where some of ours have got to!). When immigrants come _here_, they're already used to the things, having used them on a daily basis back at home. Immigrants from other countries will already have similar experience with their own large value coins. Banks justify themselves running out of dollar coins by simple business sense. Apart from immigrants, most Americans don't use the things; and apparently apart from immigrant businesses, most American businesses don't use them either. Why stock a coin denomination (that costs the branch money to get it) when it can't reasonably get rid of them? Of course, this doesn't _excuse_ the bank. But, if even two or three major banks in a region got together and decided to use dollar coins in stead of dollar bills, they'd soon deplete the incomming supply. As it stands, the Mint isn't producing enough of the things to actually ensure the needed amount for daily commerce. Padraic IF -- Posted via a free Usenet account from http://www.teranews.com |
#5
|
|||
|
|||
Dollar coins at Cinco de Mayo festival
"Amistad" wrote in message ... "Iagos Fool" lamented and pondered anew and afresh: ... I still don't understand how a bank can justify letting itself run out of dollar coins. If your customers want them in such quantities that you run out and they still ask for more, why the heck wouldn't they order enough coin from the fed to meet the demand? It's basic customer care. No offense to any banking personnel who might be lurking here, but it seems to me that there has been a big shift in that regard. That is, there is no longer a keen desire to woo the customer with stellar service. In fact, some banks that I've been in have made me feel like I was somehow intruding and interrupting just by being there. Of course, it didn't take me long to decide to take my business elsewhere in those cases... Amistad 'and you can bank on that' My local suburban Virginia BoA branch has used a WalMart-type greeter for the past year. Walk in the door and a smiling young man or woman greets you, ready to offer help if needed. Tellers are friendly and usually willing to help with special requests. An elderly lady at the window next to me the other day asked for $200 in ones, but they had to either be new or free from pencil/pen marks. She said she was traveling to Russia and that they would reject any ones that had marks on them. As there were only a couple customers in the bank, the teller hand selected 200 mark-free ones for the lady. Plus they also have Unc rolls of pres dollars. I haven't asked for anything else coin-wise, but maybe I should. Bruce |
#6
|
|||
|
|||
Dollar coins at Cinco de Mayo festival
What city? Was the festival at a location that was reached by many via mass
transit? They may have had many dollar coins in their pockets as change for $20 bills inserted in ticket/fare-card vending machines. Or they may have just been extremely smart people who KNOW how to have a good time. -- -Fred Shecter remove zorch two places to reply Current eBay auctions: http://search.ebay.com/_W0QQfgtpZ1QQ...shreadv ector Join the Revolution: http://www.sirius.com "Iagos Fool" wrote in message . .. Yesterday I went to the local Cinco de Mayo festival which in addition to the requisite brightly colored dancing folks included your standard array of state fair rides. At the fair portion of the event, I saw two dollar coin transactions. In one, a gentleman gave the game attendant a $20 bill and received a number of mixed dollar coins as change. Contrary to popular perception, the transaction went off without a hitch. Even the Susan B Anthony dollar in the mix was not mistaken for a quarter. A few minutes later I observed two attendants exchanging some amount of cash (about $100) for a bag of dollar coins. This tells me that either the fair folks were stocking dollar coins and using them as change, or (more likely) were receiving the coins in notable numbers from their customers. Euther option is a positive sign for the maligned little coins. I neither spent nor received dollar coins myself, though. I bought tickets rather than paying for my rides & games with cash.and my bank had no dollar coins the last time I went. I still don't understand how a bank can justify letting itself run out of dollar coins. If your customers want them in such quantities that you run out and they still ask for more, why the heck wouldn't they order enough coin from the fed to meet the demand? It's basic customer care. IF |
#7
|
|||
|
|||
Dollar coins at Cinco de Mayo festival
"Fred Shecter" wrote in message news What city? Portland Oregon Was the festival at a location that was reached by many via mass transit? Yes. I haven't taken public transportation here, but it is possible they use dollar coins. They may have had many dollar coins in their pockets as change for $20 bills inserted in ticket/fare-card vending machines. Or they may have just been extremely smart people who KNOW how to have a good time. Clearly this is the correct answer. IF |
#8
|
|||
|
|||
Dollar coins at Cinco de Mayo festival
Iagos Fool wrote:
"Fred Shecter" wrote in message news What city? Portland Oregon Was the festival at a location that was reached by many via mass transit? Yes. I haven't taken public transportation here, but it is possible they use dollar coins. They do. The "Metropolitan Area Express" (aka "Max") light rail trains in Portland have machines at each stop that accept dollar coins as well as dispense dollar coins in change. -- Jim Seymour |
#9
|
|||
|
|||
Dollar coins at Cinco de Mayo festival
On May 6, 5:05 pm, "Iagos Fool" wrote:
Yesterday I went to the local Cinco de Mayo festival which in addition to the requisite brightly colored dancing folks included your standard array of state fair rides. Understand what Cinco de Mayo is. It is an advertising ploy, lead by Corona beer, to sell more Mexican beer and tequila. The importers observed just how successful St. Patrick's Day was at selling Irish alcoholic beverages and thought they could do the same for Mexican alcoholic imports. Yes, it is about coins. About filthy lucre. Even paper money!!! But, other than that, it is nothing but an advertising ploy. GFH |
#10
|
|||
|
|||
Dollar coins at Cinco de Mayo festival
wrote in message ups.com... On May 6, 5:05 pm, "Iagos Fool" wrote: Yesterday I went to the local Cinco de Mayo festival which in addition to the requisite brightly colored dancing folks included your standard array of state fair rides. Understand what Cinco de Mayo is. It is an advertising ploy, lead by Corona beer, to sell more Mexican beer and tequila. The importers observed just how successful St. Patrick's Day was at selling Irish alcoholic beverages and thought they could do the same for Mexican alcoholic imports. Yes, it is about coins. About filthy lucre. Even paper money!!! But, other than that, it is nothing but an advertising ploy. GFH It sneaks up on me every year. Always mean to fly a French flag on that day. TerryS |
Thread Tools | |
Display Modes | |
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
100 dollar coins | kathy1945 | Coins | 12 | February 24th 07 03:52 PM |
Frosty '48 Cinco Pesos swap coin from Bill Caulfield--wow what a great looking coin! Thanks ;-) | bri | Coins | 1 | August 8th 06 06:34 PM |
Happy Cinco de Mayo | Josh Moran | Coins | 3 | May 6th 05 08:28 PM |
Wisconsin: xtra cheese, hold da mayo | Edwin Johnston | Coins | 2 | April 3rd 05 04:08 AM |
virginia mayo | Exers30x | Autographs | 0 | January 23rd 05 04:31 PM |