Re: Will any more Dollar Coin supporters come forward?

Bruce Remick wrote:
> 
> Fred Shecter wrote:
> >
> > The dollar coin replaces using 4 quarters in vending machines or a dollar bill in
> > vending machines or in 'regular' transactions.
> 
> Are people having problems with four quarters?  If a vending machine
> will take a dollar bill, why not use one.

> > You will be able to use a $5 bill in vending machines and get change (newer models 
> > that
> > are actually showing up and replacing older models).
> 
> Why does the change have to be dollar coins?

FRN accepters and dispensers cost FAR, FAR more than coin accepters and
dispensers.  That is why I have yet to see a vending machine that gives
$1 FRNs in change.

> > If dollar coins are circulating the "vending guys" will not have to use a 
> > forklift. They
> > will have dollar coins coming into the machines and into the dollar coin tube of 
> > the
> > changer. Some will be dispensed and it the tube gets full some will drop into the 
> > coin
> > box. They will have less quarters to haul away. It's like the laundry or amusement
> > machine example - for every dollar that they now get in quarters they will only 
> > have one
> > dollar coin. The coin box will not fill up as fast and service visits will be 
> > reduced by
> > about 2/3. This has been proven in the car wash industry as well as the laundrys 
> > that
> > have converted.
> 
> How many of the public really cares what the vending machine people have
> to to restock their machines, as long as the machines work and don't run
> out of stuff.  Are you suggesting that machine prices actually will come
> down if service visits are reduced by 2/3?  If not, who cares but the
> vending guy and his boss?

Well, business is always looking for ways to reduce costs and improve
efficiency.  The more often the operator has to send someone to service
the machines, the greater his/her costs, which get passed on to you
either in higher prices or in less availability of their products and/or services.

It is the very nature of the private sector.

> > Then there are those pesky real world countries like Canada and Australia who are 
> > quite
> > happy with their $1 and $2 coins. They do not carry around pound of coins 
> > (although in
> > England they carry around Pound coins...).
> 
> Is that important to US consumers?  The fact that people in other
> countries are happy with their coins?  So we should be happy with our
> dollar coins?  Great arguement.  Anyone who would carry a pound of coins
> in his pocket from day to day must go out of his way to accumulate
> them.

Well, it depends on whether that pound is in the form of one £1 coin or
if it is in many low-value p coins.

-- 
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Regards,                                    |    |\    ____
                                            |    | |  |    |\
Michael G. Koerner               May they   |    | |  |    | |   rise again!
Appleton, Wisconsin USA                     |    | |  |    | |   
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