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#1
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The answer to getting halves, $2 bills and $1 coins circulating?
I have really been thinking about this, and I also touched the subject
on another thread, but I wanted to create one directed solely on what most people consider "odd money". I really think that the way to get halves, $1 coins and $2 bills to circulate, is to have vending machines upgraded to BOTH accept and dispense all three denominations. Most people are not willing to go out of their way, to go to the bank to order or ask for these oddies, but, if self-checkouts and other vending machines dispensed these three denominations, I believe that they would all circulate. Even if most people especially hate the half dollar, claiming its "too big and heavy" I'm sure if machines dispensed them, people would use them, just to get rid of them. But I'd say that, within a couple years, a half (and the $1 coin, for that matter), would be treated just the same as a quarter. People would get used to halves again, and now, with all of these new vending machines, half dollar circulation could easily increase if the machines took them. Actually though, even though people say that the general public does not want halves, I get them a lot from a local 7 Eleven worker, who usually gets halves in his till from people, quite frequently. So this points out that, they are obviously still being used, and some people obviously still want them. And even if the gap between a quarter and a half, and/or a half and a dollar, is not too big the half could still save the government money on minting less quarters, if embraced properly. I think there is a decent ammount of people out there, who find a convenience of carrying a half over two quarters, especially if they get more change. If I broke a dollar to buy a 25 cent pack of gum, I'd rather get a quarter and a half back in change, than I would, three quarters. The same thing goes with $1 coins and $2 bills. Get vendors to retool to accept, AND dispense them, and they will circulate. Does anyone know how I could write to the vending industry, about these suggestions? Or where I can find an address? |
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#2
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The answer to getting halves, $2 bills and $1 coins circulating?
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#3
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The answer to getting halves, $2 bills and $1 coins circulating?
wrote in message ... I have really been thinking about this, and I also touched the subject on another thread, but I wanted to create one directed solely on what most people consider "odd money". I really think that the way to get halves, $1 coins and $2 bills to circulate, is to have vending machines upgraded to BOTH accept and dispense all three denominations. Most people are not willing to go out of their way, to go to the bank to order or ask for these oddies, but, if self-checkouts and other vending machines dispensed these three denominations, I believe that they would all circulate. Here's where the proposal for a $2 coin might get more attention than one for a redesigned $2 bill. Even if most people especially hate the half dollar, claiming its "too big and heavy" I'm sure if machines dispensed them, people would use them, just to get rid of them. That's not a very good argument for the half dollar. Make them available because people would use them just to get rid of them. I don't believe at all that people "hate" the half dollar. At least half of the population probably too young to have ever seen them circulate. If people started to receive them routinely in change, they would likely include them among their pocket spending change without much thought. Same with dollar coins. But I'd say that, within a couple years, a half (and the $1 coin, for that matter), would be treated just the same as a quarter. People would get used to halves again, and now, with all of these new vending machines, half dollar circulation could easily increase if the machines took them. That's correct. Poeple likely would get used to them, but they don't actually "need" them to the extent that half dollars should be minted for general circulation again. Actually though, even though people say that the general public does not want halves, I get them a lot from a local 7 Eleven worker, who usually gets halves in his till from people, quite frequently. So this points out that, they are obviously still being used, and some people obviously still want them. All this does is reinforce the stereotype that many who shop at 7 Elevens are those who will grovel for whatever change they can come up with to get that 24oz can of beer for lunch. People don't necessarily want halves, they just want 50 cents. A 7 Eleven till is probably a great place to check for old coins. Keep on good terms with you local friend. And even if the gap between a quarter and a half, and/or a half and a dollar, is not too big the half could still save the government money on minting less quarters, if embraced properly. I think there is a decent ammount of people out there, who find a convenience of carrying a half over two quarters, especially if they get more change. If I broke a dollar to buy a 25 cent pack of gum, I'd rather get a quarter and a half back in change, than I would, three quarters. Hey, with all the proposed new quarter designs taking us into the next decades, you suggest it would be good to mint LESS quarters? Maybe not a good argument to offer your Congressman. And I for one would prefer to have three quarters. The same thing goes with $1 coins and $2 bills. Get vendors to retool to accept, AND dispense them, and they will circulate. Keep in mind that all of our lives are not centered around vending machines. They charge even more than the 7 Elevens. |
#4
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The answer to getting halves, $2 bills and $1 coins circulating?
"Bruce Remick" wrote in message ... That's correct. Poeple likely would get used to them, but they don't actually "need" them to the extent that half dollars should be minted for general circulation again. Instead of using the quarter for the National Parks series, the half should be used instead. At least that would raise public awareness of the coin. It's curious that the half has fallen into disuse. Growing up in the 50s, I received half dollars all the time and a half a buck was worth a heck of a lot more in those days. Get a roll or 2 of "junk" silver halves and you will find well-worn examples. |
#5
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The answer to getting halves, $2 bills and $1 coins circulating?
"RWF" wrote in message ... "Bruce Remick" wrote in message ... That's correct. Poeple likely would get used to them, but they don't actually "need" them to the extent that half dollars should be minted for general circulation again. Instead of using the quarter for the National Parks series, the half should be used instead. At least that would raise public awareness of the coin. It's curious that the half has fallen into disuse. Growing up in the 50s, I received half dollars all the time and a half a buck was worth a heck of a lot more in those days. Get a roll or 2 of "junk" silver halves and you will find well-worn examples. I grew up with them, too. Nobody seemed to be concerned with its size. Maybe an argument could have been made for the half dollar to be resurrected for the National Parks series, what with it's larger format, leaving the quarters availble for other pet designs. As an aside, I was reading a description of the Native American $1 Coin Act which will result in new annual reverse designs on the Sacagawea dollar representing important American Indians and their contributions. Got me to thinking how presumptuous and arrogant it is of us to look for Native American contributions to OUR society, when it should probably be the other way around. What did immigrant Americans contribute to the existing Native American societies? I doubt the answer would require many coin designs. Peeve off. |
#6
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The answer to getting halves, $2 bills and $1 coins circulating?
Bruce Remick wrote:
"RWF" wrote in message ... "Bruce Remick" wrote in message ... That's correct. Poeple likely would get used to them, but they don't actually "need" them to the extent that half dollars should be minted for general circulation again. Instead of using the quarter for the National Parks series, the half should be used instead. At least that would raise public awareness of the coin. It's curious that the half has fallen into disuse. Growing up in the 50s, I received half dollars all the time and a half a buck was worth a heck of a lot more in those days. Get a roll or 2 of "junk" silver halves and you will find well-worn examples. I grew up with them, too. Nobody seemed to be concerned with its size. Maybe an argument could have been made for the half dollar to be resurrected for the National Parks series, what with it's larger format, leaving the quarters availble for other pet designs. As an aside, I was reading a description of the Native American $1 Coin Act which will result in new annual reverse designs on the Sacagawea dollar representing important American Indians and their contributions. Got me to thinking how presumptuous and arrogant it is of us to look for Native American contributions to OUR society, when it should probably be the other way around. What did immigrant Americans contribute to the existing Native American societies? I doubt the answer would require many coin designs. Peeve off. How about one coin type for each contagion, social or otherwise, brought to the Western Hemisphere? At five per year, that'd take us out to, oh, around 2210. James |
#7
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The answer to getting halves, $2 bills and $1 coins circulating?
"Bruce Remick" wrote in message ... "RWF" wrote in message ... "Bruce Remick" wrote in message ... That's correct. Poeple likely would get used to them, but they don't actually "need" them to the extent that half dollars should be minted for general circulation again. Instead of using the quarter for the National Parks series, the half should be used instead. At least that would raise public awareness of the coin. It's curious that the half has fallen into disuse. Growing up in the 50s, I received half dollars all the time and a half a buck was worth a heck of a lot more in those days. Get a roll or 2 of "junk" silver halves and you will find well-worn examples. I grew up with them, too. Nobody seemed to be concerned with its size. Maybe an argument could have been made for the half dollar to be resurrected for the National Parks series, what with it's larger format, leaving the quarters availble for other pet designs. As an aside, I was reading a description of the Native American $1 Coin Act which will result in new annual reverse designs on the Sacagawea dollar representing important American Indians and their contributions. Got me to thinking how presumptuous and arrogant it is of us to look for Native American contributions to OUR society, when it should probably be the other way around. What did immigrant Americans contribute to the existing Native American societies? I doubt the answer would require many coin designs. Peeve off. I read somewhere that the arrival of the white man to North America reduced the native American population from 5m to 500,000 due to disease and genocide. The Native Americans should have killed every invader as soon as they landed ashore, hindsight is a wonderful thing. The bison population did not fare too well either. Billy |
#8
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The answer to getting halves, $2 bills and $1 coins circulating?
"note.boy" wrote in message ... "Bruce Remick" wrote in message ... "RWF" wrote in message ... "Bruce Remick" wrote in message ... That's correct. Poeple likely would get used to them, but they don't actually "need" them to the extent that half dollars should be minted for general circulation again. Instead of using the quarter for the National Parks series, the half should be used instead. At least that would raise public awareness of the coin. It's curious that the half has fallen into disuse. Growing up in the 50s, I received half dollars all the time and a half a buck was worth a heck of a lot more in those days. Get a roll or 2 of "junk" silver halves and you will find well-worn examples. I grew up with them, too. Nobody seemed to be concerned with its size. Maybe an argument could have been made for the half dollar to be resurrected for the National Parks series, what with it's larger format, leaving the quarters availble for other pet designs. As an aside, I was reading a description of the Native American $1 Coin Act which will result in new annual reverse designs on the Sacagawea dollar representing important American Indians and their contributions. Got me to thinking how presumptuous and arrogant it is of us to look for Native American contributions to OUR society, when it should probably be the other way around. What did immigrant Americans contribute to the existing Native American societies? I doubt the answer would require many coin designs. Peeve off. I read somewhere that the arrival of the white man to North America reduced the native American population from 5m to 500,000 due to disease and genocide. You should have continued on to read about Central and South America. The Native Americans should have killed every invader as soon as they landed ashore, hindsight is a wonderful thing. Not that Europeans meant to come to America as invaders. They just sort of wanted to be in control of things once they got here. The bison population did not fare too well either. Billy But just look at the fantastic casinos that Native Americans have provided for the rest of us. No small accomplishment. Maybe that will be featured on the reverse of a future Sac dollar. |
#9
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The answer to getting halves, $2 bills and $1 coins circulating?
"note.boy" wrote in message
... The Native Americans should have killed every invader as soon as they landed ashore, hindsight is a wonderful thing. Genocide? |
#10
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The answer to getting halves, $2 bills and $1 coins circulating?
On Jan 4, 9:21*am, "Bruce Remick" wrote:
wrote in message ... I have really been thinking about this, and I also touched the subject on another thread, but I wanted to create one directed solely on what most people consider "odd money". I really think that the way to get halves, $1 coins and $2 bills to circulate, is to have vending machines upgraded to BOTH accept and dispense all three denominations. Most people are not willing to go out of their way, to go to the bank to order or ask for these oddies, but, if self-checkouts and other vending machines dispensed these three denominations, I believe that they would all circulate. Here's where the proposal for a $2 coin might get more attention than one for a redesigned $2 bill. I understand this, but what I was reffering to, was how self-checkouts dispense bills as change, so, they could be made to dispense $2 bills as well, at least, until $2 bills are eliminated for $2 coins. I'm still not 100% sure if I should suggest a $2 coin as of yet, seeing as, most people don't even want a $1 coin. I'm wondering how much longer we should have $2 bills, after the $1 bill goes. Even if most people especially hate the half dollar, claiming its "too big and heavy" I'm sure if machines dispensed them, people would use them, just to get rid of them. That's not a very good argument for the half dollar. *Make them available because people would use them just to get rid of them. *I don't believe at all that people "hate" the half dollar. *At least half of the population probably too young to have ever seen them circulate. *If people started to receive them routinely in change, they would likely include them among their pocket spending change without much thought. *Same with dollar coins. I didn't exactly mean it that way. I just meant that, if you don't want to carry the havles, you could just spend them. I should have worded that better. I'm not saying I want to force people to want to spend them, athough I support vending machines dipensing them, to sort of force people to at least circulate them, as they choose to spend them. But I'd say that, within a couple years, a half (and the $1 coin, for that matter), would be treated just the same as a quarter. People would get used to halves again, and now, with all of these new vending machines, half dollar circulation could easily increase if the machines took them. That's correct. *Poeple likely would get used to them, but they don't actually "need" them to the extent that half dollars should be minted for general circulation again. Just because people don't need them too much, doesn't mean some people won't find a covenience for them. Actually though, even though people say that the general public does not want halves, I get them a lot from a local 7 Eleven worker, who usually gets halves in his till from people, quite frequently. So this points out that, they are obviously still being used, and some people obviously still want them. All this does is reinforce the stereotype that many who shop at 7 Elevens are those who will grovel for whatever change they can come up with to get that 24oz can of beer for lunch. *People don't necessarily want halves, they just want 50 cents. *A 7 Eleven till is probably a great place to check for old coins. *Keep on good terms with you local friend. I do plan on keeping on good terms with the 7 Eleven guy, but I have already told him about what dates to look for, for silver coins, and I will also point them out and tell him about them, if he recieves any. I'm not going to rip off out cheat out a friend. In fact, he recently had an Ike dollar coin recently, and I asked him if he wanted to buy it, or otherwise, sell it to me, and he told me that he usually only saves them, if he has the money to buy them. This guy doesn't have a lot of money. I even sold him a 32 subject sheet of $2 bills I wanted to sell, for $70 because he is my friend, and he paid me in payments for the sheet, and he got the goods before he paid in full, because I trusted him, and he did pay me in full, through payments. I'm not about to rip someone off who I trust, and who trusts me. And even if the gap between a quarter and a half, and/or a half and a dollar, is not too big the half could still save the government money on minting less quarters, if embraced properly. I think there is a decent ammount of people out there, who find a convenience of carrying a half over two quarters, especially if they get more change. If I broke a dollar to buy a 25 cent pack of gum, I'd rather get a quarter and a half back in change, than I would, three quarters. Hey, with all the proposed new quarter designs taking us into the next decades, you suggest it would be good to mint LESS quarters? *Maybe not a good argument to offer your Congressman. *And I for one would prefer to have three quarters. I wish they'd stop these quarter designs already, for a while, but I guess the National Park quarter legislation passed? |
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