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I've actually seen coke machines that accept $2 bills. You hardly ever see them, though I understand they're still in production.
Come to think of it, it seems odd that we would mint coins (expensive) for a little amount, yet just use paper (cheap) for the real money. Seems like it would be the other way around. I mean, you should definitely have something as durable as a coin for $20, $50, and $100.
Coins have been tried before here, but never really catch on. Look at all the attempts at dollar coins (though the downside of those was their similar proportions to quarters). Personally, I've long been ready to go paper- and coin-less. I use my check card for everything humanly possible and rarely ever carry cash with me. It's getting easier and easier to do that. Even this past week on vacation in North Carolina (the Outerbanks), other than tipping one of the Segway tour guides, I didn't use cash once.
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Bill Loguidice, Managing Director | Armchair Arcade, Inc.
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