U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Economics
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 02-05-2018, 12:58 PM
 
1,255 posts, read 808,888 times
Reputation: 2246

Advertisements

Quote:
Originally Posted by Fallout Zone View Post
Parking meters, bus fares, and vending machines can all be done electronically now. I can think of two things that I have had to use coins on in the last year - little rides for my daughter and air for my tires at the gas station.

This may have been a good idea a couple of decades ago, but there is no point in making the switch in a digital world.
Even those are going with a credit card option around here (Twin Cities). Except for Kwik Trip ... still free there, with metered air pressure.
Reply With Quote Quick reply to this message

 
Old 02-05-2018, 02:02 PM
 
170 posts, read 56,162 times
Reputation: 283
No. Coins weigh too much and are harder to transfer than paper currency. This is why casinos have phased out coins in favor of payout tickets.
Reply With Quote Quick reply to this message
 
Old 02-05-2018, 03:10 PM
 
188 posts, read 89,660 times
Reputation: 550
Quote:
Originally Posted by Lowexpectations View Post
You do understand this isnít a liberal conservative issue right? Itís about cost of keeping physical notes vs coins. The reason itís not been better adopted is because youíve had an option, if they would do away with the dollar notes you wouldnít have a choice. Plenty of other large developed countries have eliminated it and donít have an issue surviving
For centuries people used coins as currency. Then we advanced to paper so people wouldn't have to lug around sacks of metal coins. So you'd like to go backwards and be like other countries. Jump on the next aircraft.
Reply With Quote Quick reply to this message
 
Old 02-05-2018, 03:58 PM
 
1,953 posts, read 753,703 times
Reputation: 7779
In response to a question asking "what happened to Susan B. Anthony dollars":

Quote:
Originally Posted by MLSFan View Post
nothing, but not many people like using them
Susan B. Anthony dollars were only minted for 3 years - 1979 through 1981, and again for one year in 1999.

The problem was that they were designed so it was difficult to differentiate them from a quarter. Now they have a new design that is slightly larger and supposedly gold colored - but they are only a LITTLE larger than a quarter and the gold finish seems to wear off rapidly. I have one (with Madison on it) that I was apparently given by accident somewhere by a cashier who thought it was a quarter. I wasn't even sure it was real at first, had to go look it up. It really doesn't look gold colored at all - it looks like a slightly discolored quarter.

If you want to go to coins instead of paper money - which I think is a supremely bad idea - you have to make the coins easy to differentiate one from another. Our US mint seems to be terrible at designing coins that you can easily tell apart. Everything is fine until you start talking dollar coins - then they all come out looking like quarters.

There are any number of ways to differentiate larger denomination coins (and I hope they don't do it any time soon given the added weight and clumsiness of a large coin), including:

Making the coin NOT round, say octagonal or square or pentagram shaped or triangular - you could round off the edges so they don't poke holes in pockets and wallets and still make them some shape other than round.

Drill a hole through the middle.

Make them of copper coated zinc like a penny, only larger. And still larger than a quarter or with some deeply etched or raised design on the face or edges so you can tell by feel as well as appearance.

Before they came up with electronics capable of recognizing and processing dollar bills in vending machines, there was some use for a dollar coin. I really don't see that there is any practical need for such a coin these days, however.

Though I must admit - in the past it might have been an absolute boon to blind people to make large denomination coins (that are easily differentiated from other coins by feel alone). However these days they probably just use a debit card or other electronic method to pay for purchases. I know I would, rather than having to rely on a sighted person to tell me what denomination my bills are.
Reply With Quote Quick reply to this message
 
Old 02-05-2018, 03:59 PM
 
17,618 posts, read 12,203,533 times
Reputation: 12856
Quote:
Originally Posted by homelessinseattle View Post
For centuries people used coins as currency. Then we advanced to paper so people wouldn't have to lug around sacks of metal coins. So you'd like to go backwards and be like other countries. Jump on the next aircraft.

Thereís nothing going backwards about opting to replace cloth bills with coins especially when itís cost effective to do so. Given the propensity for electronic transactions you wonít need sacks of metal coins as many other countries seemed to avoid that albatross. Your response is just a silly as your first political nonsense
Reply With Quote Quick reply to this message
 
Old 02-05-2018, 04:05 PM
 
17,618 posts, read 12,203,533 times
Reputation: 12856
Quote:
Originally Posted by droc31 View Post
No. Coins weigh too much and are harder to transfer than paper currency. This is why casinos have phased out coins in favor of payout tickets.

Actually the change to paper tickets is purely to keep more money in the actually accounts of the casinos and not in the machines. Another reason for bills/tickets over coins is velocity and turnover of play.
Reply With Quote Quick reply to this message
 
Old 02-05-2018, 05:36 PM
 
Location: Louisiana
806 posts, read 553,416 times
Reputation: 1202
Not no , but hell no . How many dollar coins have to fail before they stop that nonsense ?
Reply With Quote Quick reply to this message
 
Old 02-05-2018, 06:43 PM
 
Location: Florida
4,376 posts, read 2,426,594 times
Reputation: 7736
Quote:
Originally Posted by Threestep View Post
What happened to the Susan B Dollar coins?
When there is both paper and coins, no one wants the coins. It has to be one or the other.

Canada has been using coins for years.
Reply With Quote Quick reply to this message
 
Old 02-05-2018, 07:11 PM
 
Location: Starting a walkabout
1,738 posts, read 800,293 times
Reputation: 1913
Quote:
Originally Posted by Lowexpectations View Post
You do understand this isnít a liberal conservative issue right? Itís about cost of keeping physical notes vs coins. The reason itís not been better adopted is because youíve had an option, if they would do away with the dollar notes you wouldnít have a choice. Plenty of other large developed countries have eliminated it and donít have an issue surviving
I take it you like coins but don't impose your wish on to the rest.

I lived in UK and hated carrying all that pound coins. Thank goodness I don't have to do that here. I need the occasional quarters for air pumps and the occasional toll booths. The paper dollars are much easier, now that I have to carry a smart phone on one pocket and a wallet with credit cards, driver's license and other assorted store cards along with paper cash. Anyway most of my transactions are in CC except for the tips in hotels and for valets where a dollar bill or two suffices.

If people really wanted dollar coins they would clamor for it. They didn't.
Reply With Quote Quick reply to this message
 
Old 02-05-2018, 07:23 PM
 
4,752 posts, read 2,178,281 times
Reputation: 4335
Quote:
Originally Posted by homelessinseattle View Post
The idiocy is its been tried over and over and failed every time, but liberals won't stop until they get what they want.
There was a time when double bubble cost 2 cents and a chocolate bar cost a dime. It made sense to have small coins. Today a chocolate bar costs more than a dollar, so who needs pennies, nickels and dimes? You need too many of them to buy anything so you end up with a pocket full of useless heavy coins. Better to have a loonie or a townie, get a couple of quarters in change, and no heavy pocket full of coins to haul around.

... nothing to do with politics, everything to do with today's cost of living and being practical.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Economics
Similar Threads
Follow City-Data.com founder on our Forum or

All times are GMT -6.

© 2005-2018, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top