Dollar coins are piling up in the Federal Reserve Bank of Richmond's Baltimore, Md. branch because no one wants to use them, according to The Baltimore Sun in Baltimore, Md. For the full story, click here.
Editor’s Insight: Dollar coins continue to be a useful option for vending operators. Vending machines that dispense dollar coins in change and accept dollar coins often experience higher sales since consumers are not inclined to carry dollar coins around with them. As price points rise in vending machines, the use of dollar coins makes more sense. At the same time, bill recyclers and cashless readers also make more sense. 09-07-11
