Getting Vending Machines to take Halves and $2 Bills.
Drago the Wolf
of "odd money"
Okay, we know that many (most?) vending machine either are equipped,
or can have a switch flipped to take $1 coins and (sometimes) $2
bills, and not so much, halves, due to a lack of coin tubes for
halves, while $1 coin tubes are usually installed in vending machines,
and a bill reader can usually be programed to take $2 bills.
So, even though I have read Treasury articles that say "Neither the
Treasury or the Federal Reserve can force a certain denomination on
the public" I have been reading a few proposed half redesign proposals
on the web, and one of these half redesign bills had a "Removal of
Barriers to Circulation" ammendment to their bill, to require any and
every vending machine on U.S. territories to be equipped to both
accept and dispense halves within the time of the enactment of the
bill into law. (If I understood the bill correctly)
So, even though some of you people hate my posts, and like to mock me
a lot (which I've said in the past, I don't care about, so mock away)
I just wanted to ask, since $2s and halves are "legal tender" and are
supposed to be accepted and dispensed/handed out by anyone, (which
should also include vendors) is there a chance that I could push for a
bill in Congress to make it a law that all U.S. vendors must upgrade
their machines to accept and dispense $2s and halves? I know many of
you people think that $2s and halves are a needless waste of
denominations, but as I said, this could same money on minting so many
quarters (Yeah, yeah, I know they are still going to be wanting to
mint a lot of National Parks Quarters begining next year, but how
about a plan for a half dollar series of something as well, even if
not my desired "Famous Dogs Half Dollars" athough I'll certainly push
for them if I write to Congress) by minting and circulating halves,
and also printing and circulating $2s will cut $1 bill production in
half, as was the reason for reissuing the $2 bill, back in 1976.
I am starting to think we should just drop the $1 coin idea, and issue
polymer $1-$100 (or even $1-$1,000) bills like Austrailia, with
similar features to the Austrailian banknotes, as my dad was telling
me that Austraila has some of the most, if not the most banknotes in
the world, with all kinds of holograms and such. (Not much need to
worry about receiving counterfeit $200, $500, or $1,000 bills if they
had these easily readable features) A polymer $1 bill would last four
times as much as a cotton/linen $1 bill: 6 years vs.18 months. That
alone makes it worth still producing $1 bills, especially if they also
push the use of polymer $2 bills as well to cut down on the work load
of $1 bills. (They can push by having it to be bank policy for tellers
to hand out $2s and halves automatically as needed, and if that idea
doesn't fly, have self-checkouts and other vending machines equipped
to accept and dispense these two denominations, so that people would
have no choice, but to either hoard them, or spend them, and they
likely will spend them, after being tired of hoarding so much of the
"not so rare" collectibles. Make it a choice to the American public:
$1 bills and $2 bills, or $1 coins and (probably) $2 bills, anyway.
One question I was curious about though. Can polymer banknotes be
equipped with watermarks? I was never really sure, but I thought maybe
they could ad watermarks to polymer plastic.
Also, with the issuance of the polymer U.S. banknotes, I'm going to
repeat this again: Redesign the $1, $2, $5 and $10 bills as often as
the $20-$100 (or $20-$1,000, or whatever high denomination they may
choose to go up to, should they issue bills larger than $100 again) (I
remembered that, for a while, they were only "considering" redesigning
the $5 and $10, but I would want the $1-$10 bills redesigned EVERY
time the $20-$100/$1,000 bills are redesigned) ALL denominations
SHOULD be redesigned every 7-10 years, and perhaps the redesigned $1,
$2, $5, and $10 bills should be issued simultaneously, to give vendors
an easier time to upgrage machines that deal with mostly lower
denomination bills, and save money, by vendors only tearing apart and
reprograming their machines once, for the four smallest denominations
of U.S. currency versus taking their machines apart four times, once
per denomination. I think once the vending industry gets past a first
$1 bill redesign reprograming, it should be a lot easier to reprogram
for future gen redesigned $1 bills.
Just my $2.50 worth...
Bruce Remick
"Drago the Wolf" <malanu...@aol.com> wrote in message
news:c3922738-92ca-4411...@32g2000yqj.googlegroups.com...
Five quarters will do fine.
Dave Allured
<snip>
> So, even though some of you people hate my posts, and like to mock me
> a lot (which I've said in the past, I don't care about, so mock away)
Please consider my comments below to be persuasion rather than hating.
I rather admire your enthusiasm, I just think it is misdirected.
<snip>
> is there a chance that I could push for a
> bill in Congress to make it a law that all U.S. vendors must upgrade
> their machines to accept and dispense $2s and halves?
Please don't. The US public started rejected the half dollar 44 years
ago when the silver was removed, maybe earlier, because the size was
seen as cumbersome.
> I know many of
> you people think that $2s and halves are a needless waste of
> denominations, but as I said, this could same money on minting so many
> quarters
The cost saved in minting halves instead of quarters would be miniscule
compared to the costs and inconveniences of handling a separate
denomination for millions of banks and businesses across the country.
This is aside from the rejection factor. Get a grip.
<snip>
> I am starting to think we should just drop the $1 coin idea, and issue
> polymer $1-$100 (or even $1-$1,000) bills
<snip>
Please don't. The introduction of the $1 coin is the *only* good US
Mint innovation for circulating coinage in the last 40 years.
Bill handling modules for vending machines are many times more expensive
than coin handlers. Please support keeping vending machines low cost
and affordable by supporting advances in coin usage rather than bills.
If you want to support a new denomination, please make it the $5 coin
and nothing lower. My only other agreement with you is for $200 bills
and higher.
--Dave
Drago the Wolf
> Drago the Wolf wrote:
>
> <snip>
>
> > So, even though some of you people hate my posts, and like to mock me
> > a lot (which I've said in the past, I don't care about, so mock away)
>
> Please consider my comments below to be persuasion rather than hating.
> I rather admire your enthusiasm, I just think it is misdirected.
>
> <snip>
>
> > is there a chance that I could push for a
> > bill in Congress to make it a law that all U.S. vendors must upgrade
> > their machines to accept and dispense $2s and halves?
>
> Please don't. The US public started rejected the half dollar 44 years
> ago when the silver was removed, maybe earlier, because the size was
> seen as cumbersome.
>
Sorry but, I still want to see halves and $2s circulate. Also, my
"Famous Dogs Half Dollar Act" calls for the half to be dramatically
changed in size to way smaller. Even if people think that I dea is
stupid, someone else could come up with a redesigned, smaller half.
> > I know many of
> > you people think that $2s and halves are a needless waste of
> > denominations, but as I said, this could same money on minting so many
> > quarters
>
> The cost saved in minting halves instead of quarters would be miniscule
> compared to the costs and inconveniences of handling a separate
> denomination for millions of banks and businesses across the country.
> This is aside from the rejection factor. Get a grip.
>
Well, I still believe thee would be good enough savins, to mint maybe
smaller (as I have said) half, that is lighter and easier to
transport.
> <snip>
>
> > I am starting to think we should just drop the $1 coin idea, and issue
> > polymer $1-$100 (or even $1-$1,000) bills
>
> <snip>
>
> Please don't. The introduction of the $1 coin is the *only* good US
> Mint innovation for circulating coinage in the last 40 years.
>
Give it up on the $1 coin. I have seen and heard many times that, "The
U.S. government will NEVER grow the balls to eliminate the $1 bill,
so, why have a costly $1 coin minted, that barely circulates and is
therefore a waste of money? Sure it won't be a waste to the
government, as they gain money from people "hoarding" these coins, but
it is STILL COSTING US< THE TAXPAYERS" money to mint these coins, and
I would rather "I" come out ahead, NOT the government, who already has
trillions of dollars at their disposal. Just my opinion.
> Bill handling modules for vending machines are many times more expensive
> than coin handlers. Please support keeping vending machines low cost
> and affordable by supporting advances in coin usage rather than bills.
>
The more durable polymer $1 bills may solve this problem, seeing as
polymer doesn't get as worn and tattered as easily as a cotton/linen
bill does.
> If you want to support a new denomination, please make it the $5 coin
> and nothing lower. My only other agreement with you is for $200 bills
> and higher.
>
> --Dave
Sorry but, I would rather have either a redesigned $2 bill or a $2
coin. This setup (with $2 coins) works fine in Canada, and it can work
just as well, here.
Also, on the $200 bill and higher issue, do you really think I have a
shot at getting $200, $500, and/or $1,000 bills issued? I mean,
haven't you seen all of the negativity on this newsgroup about my
large denomination proposal, where people just mock me with their
"plastic" money?
Sure, I would LOVE to see an elimination of the penny, nickel and
quarter, and the $1, $2 and $5 bills in favor of adding 20 cent coins,
redesigning and using the half dollar, issuing $1, $2 and $5 coins,
issuing $200, $500, and $1,000 bills, and rounding transactions to the
nearest dime. (losing those few four or more cents, by rounding to the
nearest dime doesn't bother me one bit. Some stores just help
themselves to keeping that extra four cents anyway, especially the
greedy asshole arabics who come here to get rich off America, and go
back to their homeland to build their little mansions and bombs and
other shit to attack America with. My family has had that happen more
than once, where we put down, or were owed extra change and the
asshole arabic man just kept all of that change, so I am sure they
would be all for rounding to the nearest dime.)
The ideal U.S. coin and currency system would be COINS: 10c, 20c, 50c,
$1, $2, $5, and BILLS $10, $20, $50, $100, $200, $500, $1,000. As I
have said in the past. (Did anyone notice that, "ironically" we would
still have 6 circulating coin denominations, and also, still 7
circulating bill denominations, just like we have now?)
Bruce Remick
On Aug 14, 1:59 pm, Dave Allured <nos...@nospom.com> wrote:
> Drago the Wolf wrote:
>
> <snip>
>
> > So, even though some of you people hate my posts, and like to mock me
> > a lot (which I've said in the past, I don't care about, so mock away)
>
> Please consider my comments below to be persuasion rather than hating.
> I rather admire your enthusiasm, I just think it is misdirected.
>
> <snip>
>
> > is there a chance that I could push for a
> > bill in Congress to make it a law that all U.S. vendors must upgrade
> > their machines to accept and dispense $2s and halves?
>
> Please don't. The US public started rejected the half dollar 44 years
> ago when the silver was removed, maybe earlier, because the size was
> seen as cumbersome.
>
> Sorry but, I still want to see halves and $2s circulate. Also, my
> "Famous Dogs Half Dollar Act" calls for the half to be dramatically
> changed in size to way smaller. Even if people think that I dea is
> stupid, someone else could come up with a redesigned, smaller half.
Why this obsession to see them circulate? What is your stake in this? You
can always spend halves and $2 bills as often as you please and whereever
you like. Others do. Would you really be that upset if you didn't receive
any back in change? Can't you somehow live with what's available now?
How much did your taxes go up to mint those dollar coins? I must be lucky
because they haven't asked me for any more money yet. Although I agree that
current dollar coin production is wasteful, my taxes didn't increase when
the Mint began to produce the coins. Once you pays your taxes, it ain't
your money any more and you no longer have any clout as to what it's used
for. Mostly, for my own peace of mind, I'd rather not know.