NAMA is asking industry members to comment on coin changes that the U.S. Mint proposed earlier this year.
The Mint announced that it is accepting public comments on the mandate to research alternative metallic content of coins. Changes in metallic content could call for anything from a simple recalibration in vending machines to the installation of new coin-accepting equipment, with a cost that would range from $100 to $500 per machine.
Eric Dell, NAMA’s senior vice president of government affairs announced that stakeholders have 60 days to send in comments to the U.S. Mint. “The U.S. Mint has done its research and development and now they are putting together their final recommendation for Congress. We are estimating that this impact could be up to $3.5 billion across the vending industry. This is very important and very timely. We are urging members, let the Mint hear your voice,” Dell told VendingMarketWatch. Take action here.