Published: Tuesday, Oct. 18 2011 12:00 a.m. MDT
We've tried collar coins. The banks hate them, the retailers hate them, vending
machine operators hate them. The people are ambivalent. Take the hint.
Canada quit printing dollar bills. They just went to coins - and it works!If we make both, everyone keeps the coins and uses the paper.Quit printing dollar bills and people will get used to the coins and we all
Watch them make the new dollar coin almost identical to a quarter, again.
The dancers at adult clubs in Utah think your tossing change on the stage and it
throws off their dance.Other than that, I enjoy spending them, and most
people seem to like taking them for goods and services just fine.Still
better than plastic for small purchases.
@Ronald, so at the cost of Billions of dollars over 30 years we let Banks and
Vending machines tell us what to do? I have a change jar, its full of pennies
and dollars. The dollar is now change. The world operates on a day to day
basis with 20$ bills. 10s and 5s make change for the 20s. 1$ bills are kept
in the change jar, so make it a coin.Vending machines: Follow suit...
your dollar bill changers hardly work anyways unless the dollar is fresh off the
When I lived in Spain (before the Euro) they had the equivalent of a penny but
when you purchased something at the store they would round up or down to the
closest 5 cent coin. Everyone was expected to do the same and it was great. No
small coins floating around.
Ummmm no...Here's a better idea, take away the corporate welfare.
Why should oil companies receive subsidies when they're making record profits?
Take this away and that will save much more money than changing from dollar
bills to dollar coins.
In the early 70s the Japanese government faced the same issue over 100 yen notes
versus 100 yen coins. Supposedly there was a big uproar when the government
announced there would be no more Y100 bills printed.guess what? by
1976, nobaody cared that there were no Y100 bills; the coins were ubiquitous and
well accepted - yes, Roland, even by the banks, retailers, and vending maching
operators.I don't know that banks would necesarrily hate them - they
seem to be easier to sort than bills. $1, $2, $5, $10 $20, $50, and $100 bills
are all the same size - dollar coins are not the same size as other coins.
Mechanical sorters divide them up without any porblem, while machines that sort
bills rely on optics.
Make a one and two dollar coin and you can do away with those bill readers on
vending machines and slot machines entirely. You don't see a vending machine in
canada that needs to (try to) take your dollar bills because the coin is much
more acceptable to machines. Coins are much more easily dispensed than flimsy
bills, as well, so a machine may make change from the money put into it by
Amen to getting rid of pennies! Seriously, who here cares if they round down
your 2 cents to the nearest 5 or 10 cent denomination? Next time you pay cash,
you'll probably round up ... Only makes 'cents' (yes, bad pun intended)
We allready have dollar coins. They come out of a few vending machines I use at
work and the vending stamp machine at the post office. I like them really. Kid
loves them for allowance because the are gold - much thiker than a quarter.
Feels like gold coins even if they arn't really.I know, change is
hard, pun intended.
DeseretNews.com encourages a civil dialogue among its readers. We welcome your thoughtful comments.— About comments