As part of NAMA’s advocacy outreach, industry leaders and Senior Vice President of Government Affairs Eric Dell attended a U.S. Mint stakeholder meeting. The meeting provided NAMA the opportunity to discuss with Mint leaders how changes in the metallic content of coins could adversely affect the vending industry through the frustration and loss of customers.
Craig Hesch of A.H. Management Group, Inc., Chuck Reed of Crane Payment Innovations, Bill Carpenter of Vend Natural Holdings and Nicky Gacos Colorado Café Associates, joined Dell. The group implored the Mint to consider the vending industry when making decisions about the future of coins.
“I traveled from Illinois to attend the meeting because of its importance to the industry,” Hesch said in a prepared statement. “The Mint is assessing potentially changing the metallic content, shape, size and weight of coins for the nickel, dime and quarter. This could have a substantial negative impact on our entire industry.”
Dell said the meeting was productive. “The Mint announced that a federal register will be released soon, which will allow NAMA's membership to comment on proposed changes to the metallic content and changes of coins,” Dell said.
