Is it common sense to ...

[NYCgrrl]

guess that is a U.S. mindset triggered by our refusal to use any 50 cent or $1 dollar coins.

Did the US stop minting $1.00 coins?

 

[tvguy]

Did the US stop minting $1.00 coins?

Best I can tell, no. Our lunch room vending machines at work took them (as of 3 years ago). They are most commonly used at laundamats and of course casinos. Just not commonly used in other forms of commerce. Walmart went big with the Sacagawea dollars for a while, only giving them, not paper bills as change. But Walmart learned what the U.S. Treasury learned, Americans just don't like half dollar, and dollar coins, and $2 paper bills. Over on the Cruise Line Forum one of the standard recommendations for cash for tips on board was getting $2 paper bills. I went to the bank to get some and the 20ish teller looked at me like I was crazy. Saying "there are no $2 bills". She called a manager over, who informed both of us that , yes, there ARE $2 bills, they just don't keep them on hand. But she asked how many I wanted, and she said she could order them and have them the next day.

 

[NYCgrrl]

They are most commonly used at laundamats and of course casinos.

Probably used in casinos on this end as well. Most laundromats have gone digital on this area but mass transit still accepts and gives change in dollar coins. Not sure how much longer though since a new transit card is being phased in while the unionized token collectors are phased out.

 

[tvguy]

Probably used in casinos on this end as well. Most laundromats have gone digital on this area but mass transit still accepts and gives change in dollar coins. Not sure how much longer though since a new transit card is being phased in while the unionized token collectors are phased out.

I had to wash my car cover at a laundromat and they were cash or card. But I wonder if laundromats can in the foreseeable even consider going all digital. My sense is a large chunk of their customers are "unbanked" and have no digital payment option.
A friend is office manager for a family that own several hundred apartments, and almost half pay at least part of their rent in cash, often because they have no bank accounts or credit cards. Which is why the laundry rooms in all their complexes are still cash only. Not worth the expense to upgrade to equipment that takes digital payments.

 

[_19disnA]

I haven't seen any casino recently that takes any types of coins (Vegas as well as other locations). They all have bill acceptors that take paper money. They print a bar coded paper ticket when you want to cash out. Slot machines stopped dispensing coins when they switched over to those bill acceptors and bar coded tickets perhaps 10 yrs ago? Maybe at some tiny local casino they might not have switched over, not familiar with any of those.

Was just at a car wash place last week and they also had a bill acceptor as the method of payment.

The dollar coin never caught on with consumers since it is too similar in size to the quarter. Most people also don't want to lug around a bunch of heavy coins when making a purchase. No idea if they still mint them. Probably can look at the govt website to see the latest about that.

 

[citruscurtis]

Well... the Oregon Goodwill CEO is worth their pay . They have created a BINS system that has provided 100s if not 1,000s of folks to earn an income by digging thru donated items that go directly to the bins and not retail ... the bins also provide a hazard recycle concept unlike any other in Oregon ... Goodwill is unmatched community service when it comes to helping people working on opportunities to find employment...all the other thrifts on the I-5 corridor are failing because volunteerism isn't working anymore