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are these meant for regular circulation or are these "collection items"? (Im not from the US, so Im not aware of local specifics)
by ta12653421 1y ago
are these meant for regular circulation or are these "collection items"?
(Im not from the US, so Im not aware of local specifics)
- thaumasiotes 1y agoIf they're meant for regular circulation, the program is being led by a buffoon. $1 coins have failed to circulate every time they've been introduced. https://en.wikipedia.org/wiki/Susan_B._Anthony_dollar https://en.wikipedia.org/wiki/Susan_B._Anthony_dollar https://en.wikipedia.org/wiki/Sacagawea_dollar https://en.wikipedia.org/wiki/Sacagawea_dollar Dollars are worth a lot less now than they were. If vending machines start charging integer numbers of dollars, maybe dollar coins will catch on.
- trenchpilgrim 1y agoAll the vending machines I've used in the past 5 years were tap to pay.
- rkomorn 1y agoYou remind me of the time (probably around 2002) I used a 20 to pay for some transit card/ticket somewhere and ended up with something like 15 dollar coins in change. I want to say it was a metro card in NYC. Concurrent dismay and delight.
- deleted 1y ago[deleted]
- owenversteeg 1y ago>Concurrent dismay and delight. That's exactly what I felt at the time too. To me it was always three-quarters delight and one-quarter dismay. A jangling rain of dancing gold coins is a delightful thing. Sure, now I have to go to the bank; but until that time I will walk around as a pirate, pockets full of doubloons.
- thaumasiotes 1y agoThe problem from a get-the-coins-into-circulation perspective is that the delight diminishes with exposure and the dismay doesn't.
- rkomorn 1y agoYeah, there's a moment when the weight of the change you're carrying becomes noticeable that elicits a "seriously?!" dismay response.
- astura 1y agoAround the same time I was working as a cashier when a woman came in with a Sacagawea dollar. "Woah, look at this, I just got it as change from the vending machine. I think it's Middle Eastern. Very exotic." "It's a dollar coin, US currency." "Woah! No way, how can you tell!?" "It says United States of America one dollar?" "Oh."
- xoxxala 1y agoUSPS stamp vending machines around that time period were a great source of dollar coins. Didn’t commonly see them otherwise. Never had an issue spending them afterwards. Unlike the time I was in line at a fast food restaurant when the employee at the register was yelling at a customer about fake money. Turned out the “forgery” was a $2 bill.
- mark-r 1y agoVending machines are already taking credit cards, the dollar coin's time to catch on is long past.
- RobotToaster 1y agoThe answer is an awkward "yes" They are "designed" for circulation, but only ever get sold as collectors items. Banks won't stock them but you can order rolls or bags of them from the US mint for a little over face value (I ordered a roll of the space shuttle ones to the UK) I'm not sure what stops the USA using dollar coins in circulation, I assume there's no legal requirement for banks to stock them? (The fact that's there's currently at least three different sizes of US dollar coin that is legal tender probably doesn't help either)
- sschueller 1y agoThe toll booths in Massachusetts used to accept dollar coins.
- bombcar 1y agoBanks usually have some dollar coins and if you ask they can get them. But cash register drawers usually do not have a space for them, they’re relatively heavy, and people don’t use them because they don’t use them. Vending machines famously went ham trying to use them which annoyed people. It didn’t help that the old Susan B dollar coins were almost a quarter shape and size if you weren’t paying attention. The dollar coin SHOULD be small, a bit bigger than a dime, imo. Or just skip the dollar coin and go right to a three dollar coin.
- astura 1y ago>I'm not sure what stops the USA using dollar coins in circulation, We have a dollar bill
- Y_Y 1y agoThey're very popular in Ecuador (along with locally minted coins)