History

Coin History and Future of US Coins

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Coin history a fun topic because coins are the lifeblood of the vending industry.  Coins have more durability and a longer lifespan than paper money.  Plus, they are much more difficult to counterfeit.  Paper money, bills offer convenience in carrying that tends to make them more popular. Since the development of coins, commerce has relied … Read more

The Early Coin History in the US

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This month lets look back at the history of coins in the US. Coins are the foundation of the vending industry.  The first vending machine was coin operated.  Current machines offer many payment options, but coins are still a mainstay of the industry.  There were three general types of money in the colonies of British … Read more