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- Coin_Coalition abstract "The Coin Coalition is an organization supporting the elimination of pennies and dollar bills from U.S. currency. It is funded by vending machine companies, video-arcade owners, and the soft-drink industry, who all have an interest in eliminating maintenance costs associated with bill validators. The National Bulk Vendors Association supports the Coalition.Manufacturers converted machines to accept the dollar coin at great expense, but the unwillingness of the U.S. government to phase out the dollar bill prevented the coin from becoming popular. Although copper miners and other interest groups backed the Coin Coalition on this issue, they were unable to match the influence of Save the Greenback, a rival organization supporting continued dollar-bill production.In 1995, Thomas M. Davis, introducing the Save the Greenback Act, warned that customers' pockets would be weighted down with heavy coins. However, a 1997 Wall Street Journal article disputed this notion by noting, "This argument ignores the vast number of quarters now required for parking meters, vending machines, buses and many other staples of life. For a lot of transactions, an attractive $1 coin would be a great convenience. And although we would all be walking around with a few $1 coins, they would be replacing several quarters".In advocating abolition of the penny, the Coin Coalition cites three penny-related costs that are passed on to consumers:Wrapping charges (Stores pay about 60 cents for each roll of 50 pennies),Lost store productivity from penny users slowing the checkout line, andLost wages paid to clerks counting pennies in the register on each shift.James C. Benfield, a partner with Bracy Williams and Company (Washington, D.C.), led the Coalition from 1987 until his death in 2002. He testified in committee hearings on the United States $1 Coin Act of 1997.".
- Coin_Coalition wikiPageID "1317507".
- Coin_Coalition wikiPageLength "2555".
- Coin_Coalition wikiPageOutDegree "13".
- Coin_Coalition wikiPageRevisionID "683004063".
- Coin_Coalition wikiPageWikiLink Bill_validator.
- Coin_Coalition wikiPageWikiLink Category:Coins.
- Coin_Coalition wikiPageWikiLink Category:Vending.
- Coin_Coalition wikiPageWikiLink Cent_(United_States_coin).
- Coin_Coalition wikiPageWikiLink Currency_detector.
- Coin_Coalition wikiPageWikiLink Dollar_(United_States_coin).
- Coin_Coalition wikiPageWikiLink Dollar_coin_(United_States).
- Coin_Coalition wikiPageWikiLink Efforts_to_eliminate_the_penny_in_the_United_States.
- Coin_Coalition wikiPageWikiLink Penny_(United_States_coin).
- Coin_Coalition wikiPageWikiLink Penny_debate_in_the_United_States.
- Coin_Coalition wikiPageWikiLink Save_the_Greenback.
- Coin_Coalition wikiPageWikiLink Save_the_Greenback_Act.
- Coin_Coalition wikiPageWikiLink The_Wall_Street_Journal.
- Coin_Coalition wikiPageWikiLink Thomas_M._Davis.
- Coin_Coalition wikiPageWikiLink United_States_$1_Coin_Act_of_1997.
- Coin_Coalition wikiPageWikiLink Vending_machine.
- Coin_Coalition wikiPageWikiLink Wall_Street_Journal.
- Coin_Coalition wikiPageWikiLink Washington,_D.C..
- Coin_Coalition wikiPageWikiLinkText "Coin Coalition".
- Coin_Coalition hasPhotoCollection Coin_Coalition.
- Coin_Coalition wikiPageUsesTemplate Template:Reflist.
- Coin_Coalition subject Category:Coins.
- Coin_Coalition subject Category:Vending.
- Coin_Coalition hypernym Organization.
- Coin_Coalition type Organisation.
- Coin_Coalition comment "The Coin Coalition is an organization supporting the elimination of pennies and dollar bills from U.S. currency. It is funded by vending machine companies, video-arcade owners, and the soft-drink industry, who all have an interest in eliminating maintenance costs associated with bill validators. The National Bulk Vendors Association supports the Coalition.Manufacturers converted machines to accept the dollar coin at great expense, but the unwillingness of the U.S.".
- Coin_Coalition label "Coin Coalition".
- Coin_Coalition sameAs m.04sfvd.
- Coin_Coalition sameAs Q5141534.
- Coin_Coalition sameAs Q5141534.
- Coin_Coalition wasDerivedFrom Coin_Coalition?oldid=683004063.
- Coin_Coalition isPrimaryTopicOf Coin_Coalition.