A couple of times in recent weeks, I’ve had the experience of being at the front of a queue to pay a machine, with the exact money ready, only to discover that the machine doesn’t accept 5-cent pieces. I have a few observations on this.
First, this is really annoying, and I will do my best to avoid patronising the operators of these machines in future. I don’t mind them being slow in modifying machines to accept new coins, but what possible justification is there for modifying machines (or changing the design for new ones) to reject existing coins.
Second, since consumer sovereignty is invariably impotent in situations of this kind, I guess it’s time to exercise voice in support of the abolition of the (now-useless) 5-cent piece.
Third, this presumably implies that 5-dollar coins can’t be far away.
Finally, in all this process, would it be totally impossible to introduce a 50-cent piece with a sensible size and shape?