Thoughts about the Recent Poll regarding how often you use coins.
I recently started a poll asking how often each person uses coins for transactions. I often see threads here about people checking their pocket change, and to be honest, I never even look. Perhaps that means that I'm not a "real" collector, but I sorta, kinda doubted many of you did either. For reference, here's the poll:
From the poll, on 5% use coins "a few times a day" and 72% use coins less than weekly. 36% can't remember the last time they paid for something using coins.
So....... a few thoughts:
- the vast majority of us don't check our change, simply because we don't use change.
- as an instrument of commerce, coins are becoming insignificant.
- either something changes like re-valuation (no pun intended), or within a few years, we won't really use coins at all, at least not for commerce.
- if coin collectors don't use change, who does?