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Originally posted by: MoneyLA
roadtrip, that is an interesting program that the Mint has, and it was designed to help promote the use of the dollar coins. since you are a regular user, perhaps you can tell us about the "acceptance" or lack of acceptance when you use them at stores, etc.
roadtrip is this the Mint program your are talking about? link to Mint website
Yes, that is the program. I pay with a card that gives me 1.5% cash back, so I love the "deal". It's an advantage play.
I usually carry either a roll, or half roll in my pocket. I actually use a pocket knife and neatly cut a roll in half, 12-13 coins per to carry a half roll. By keeping about a half roll in my pocket, they are compact, not a nuisance. And, I "always" have plenty of "ones" when I need them. No coins jangling.
I do not have any difficulties spending them. My primary use of the coins is for bus fare, and tipping. When I use them to tip, I sometimes tell the server that these are the new dollar coins, I am not giving her quarters so be careful.
I do not pay cash in most stores. Again, I'm so frugal that I use a card for practically every purchase I make just to "save" that penny and a half per dollar. On the occasions where I do choose to spend cash, I have not had any adverse reactions to the coins.
Well, once that I remember now that I think of it.....
I did have a cab driver I paid with them... $7.00 ( $5.50 fare) who got real excited, thought I was giving him quarters I guess, yelled at me in his pidgin English...... "pay me rest my money I call POLICE!"(To be politically correct, a foreigner) Had big eyes and looked really angry. IMO, cartoonish, but you'd have to be there. Had a real attitude and got real excited over it. Thought I was "stealing" from him.
I actually laughed at him, said that is all I am giving you, and walked into my home. Left the outside lights on in case the cops did come. He sat outside for quite awhile, than eventually left. I don't know if he did call the cops, his dispatcher, or what. But he was there for a good 15 minutes or more after I came inside.
Damn, he never did thank me for that 20%+ tip!
Overall I like using them and have no negative results or feedback. Have had some servers ask me if they could "buy" another from me.
Since mid 2009, I've used a total of almost $6K. I'd like to take this moment to thank our government for the free $90.00.
I'm down to my last roll or two now. Probably will re-order again this month.