thenwho Posted April 24, 2009 Posted April 24, 2009 Hi guys, What is the smallest coin denomination used is US vending right now. I have been reading a lot of information on older posts and saw some discussions of 10c coin. Is this still popular now. Considering gumball and peanutM&M, anyone can share what is common vending qty? 25c for 2 gumball / 1 gumball? what is the cost of 1 gumball in Sams in US? 25c for how many pcs of PeanutM&M, how many % is the cogs? Is it very common to use coin mechanism that accept 2 / 3 / 4 coin of 25c per vend? Or is it more popular to use $1 coin per vend mechanism? Is there still 10c and 5c vending in US? Thank you guys.
lurtsman Posted April 24, 2009 Posted April 24, 2009 You're an inquisitive one Frequently we vend one gumball per quarter (25c). Peanut M&M have been a problem for many vendors because they get past 30% CoG very quickly. The idea is to keep CoG low for two reasons. One, you don't have to service the machine as frequently, and higher profit margins. Not having to come as frequently is nice if you can predict the sales pattern of the machine. 10c is very rare, to my knowledge 5c is extinct. 1 coin per 25c The amount vended can also depend on the location. Front of a restaraunt I tend to give smaller portions than if I'm just selling to the same employees each day.
nam Posted April 24, 2009 Posted April 24, 2009 Thenwho, Almost all bulk vending machines are using quarters only. The US has minted dollar coins but rarely even get them as change and never have seen a vending machine accept them. There are alot of older machines that have 1 cent 5 cent and 10 cent mechs but also sold more as antiques than to be put into service. I think there may be a few vendors selling gum for 10 cents (dime) but only a few. I vend 5-6 Peanut M&M's. I vend 1 850 gumball for a quarter (25 cents). Some people are using special gumball wheels and vend 2 for 1 gumballs. The cost of gumballs is about 2 cents each. Mine are $14.98 for 850 quanity. Most of us have machines that accept 1-5 quarters for large superballs, sticker/tattoos, etc. Bulk candy seems to be just 1 coin -25 cents. Some sell sticker/tattoos for 2 coins and some sell them for 3 coins and some for 4 coins. Just depends on the market area and competition. At least the mechs on those machines allow us to change the price. Hope I have answered all your questions? nam
dperry Posted April 25, 2009 Posted April 25, 2009 I have one gumball machine selling a single gumball for a dime. It sits next to another venders gumball machine that sells 2 GB's for a quarter. It's roughly the same price per vend.
dperry Posted April 25, 2009 Posted April 25, 2009 I had one old-timer at a vacuum cleaner repair shop who kicked me out because he got is Ford 1c GB vending machine fixed. He let me in because his machine's globe broke. Later on he kicked me out because he got the machine fixed.
BudLeiser Posted April 26, 2009 Posted April 26, 2009 I read an interesting article somewhere on the $1 coins. Apparently it costs the fed a lot of money to keep printing $1 bills as they tend to tear up pretty quickly. And they have tried several times to out do them by minting $1 coins and have tried different styles, sizes and colors. But they never catch on here in America. Instead over 40% give shipped off to south american countries that love them! The next trick is their going to do a similar thing to the quarters, and have a series of $1 coins with different "pictures" of something like presidents, or states. In the hopes that collectivity will pick up and we will no longer have to print so many $1 bills. And it could revolutionize the coin mech industry!!1
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