Are Dollar Coins Forcing Costly and Useless Vending Machine Changes?
Every time a new dollar coin gets inked into legislation there’s a ripple effect many, including the bill’s inkers, don’t take into consideration.
It’s not malicious thoughtlessness. No person can have omnipotent foresight in knowing the consequences of every single decision.
Presidential $1 Coin Act of 2005 mandates vending machine requirements
Take, for example, the Presidential $1 Coin Act of 2005 that’s responsible for the new dollar coins. The law not only mandates the creation of the coin, but also includes requirements to help drive its success with the public.
Although it hasn’t always happened from day one, part of a new coin’s circulating success is ensuring its design and composition work with vending machines. If that doesn’t happen, it’s hard for any new coin to succeed. Obvious? For sure. A coin has to be useful, not just pretty.
