QUICK LINKS: Micromarkets  |

VT Classifieds

|

Buy a Classified Ad

|

Editorial Calendars

|

Circulation Data

|

Downloads

|

Bookstore

|

Operators Date Book

Search:  Follow VendingTimes on Twitter 

Bookmark this site



 
Issue Date: Vol. 52, No. 5, May 2012, Posted On: 4/11/2012


Canadian Penny's Demise Ends A Chapter In Bulk Vending History


by Staff Reporter
bulk vending, vending machine, Beaver Machine Corp., Beaver vending, Canadian penny, coin-op machine, coin machine, penny machine, vending operator, gumball machine, Ford Gum

Beaver bulk vending NEWMARKET, ON, Canada -- The decision by the Canadian government to stop minting pennies this fall was met with thundering silence. Since it costs about 1.6ยข to mint each of the coins, the decision was widely seen as prudent. | SEE STORY

But what about bulk vending? Would the elimination of the penny deal a deathblow to all those penny bulk machines out there? Not really.

"We sold one penny machine in 2008," said Beaver Machine Corp.'s Heidi Schwarzli. "The gentleman purchased it to be used at a trade show, for promotional purposes only."

The third-generation bulk machine manufacturer recalled she was five years old the last time her family's company made penny coin mechs.

Prior to that, Schwarzli said, one operator was still putting penny gumball machines out in a location as late as 1988. "It was in a low-income area that couldn't sustain higher vend prices," she explained. "And there was another operator who was operating penny machines in the late 1970s, before I was even born."

Will the United States follow Canada's lead? So far, Canada's southern neighbor has resisted eliminating the $1 bill (and adorning its currency with hockey players). But penny bulk vending is extinct here, too.

Operators with long memories may recall that Ford Gum & Machine conducted a penny gumball vender campaign in the U.S. more than three decades ago, at the height of public concern over price inflation. It generated a good deal of favorable publicity for the bulk vending industry, but it was the last hurrah for a tradition dating back to the turn of the 20th century.


Topic: Bulk Vending

Articles:
  • Theisen Vending's Judi Heston Is Elected NBVA President
  • Anton Conaway Marks 25 Years At A&A Global Industries
  • NBVA Booths Sell Out In Record Time; Bulk Vending Floor Opens March 26
  • Your Bulk Vending Innovation Could Be Worth $300 At Upcoming Trade Show
  • National Entertainment Network Promotes Jim Sevalt To Senior VP

Copyright © 2014 Vending Times Inc. All rights reserved. 
P: (516) 442-1850 | F: (516) 442-1849 | subscriptions@vendingtimes.net
55 Maple Ave. - Ste. 304, Rockville Centre, NY 11570