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#685408 - 02/12/07 08:03 PM
Re: New Dollar Coin
Retired DQ
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Power Poster
Joined: Feb 2005
Posts: 6,559
Foxboro
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DQ, please tell us how you feel!LOL...
As a collector, I look forward to the new coins, and I am sure the mint is counting on them to be popular with collectors, given the fact the President to be depicted will change frequently. The state quarter program was a huge success for the mint.
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#685410 - 02/12/07 08:04 PM
Re: New Dollar Coin
Retired DQ
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Diamond Poster
Joined: May 2006
Posts: 2,476
USA
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Wow, DQ!! Tell us what ya really think.  That's funny. I agree I don't like all that heavy change either. I guess the people at the mint are just bored!
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#685412 - 02/12/07 08:06 PM
Re: New Dollar Coin
Audit Girl
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10K Club
Joined: Dec 2002
Posts: 40,766
Turnpike Exit 10
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Really, I never knew that... what is up with Ben, then?
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#685417 - 02/12/07 08:09 PM
Re: New Dollar Coin
Audit Girl
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Diamond Poster
Joined: May 2006
Posts: 2,476
USA
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I understand how coin collectors would enjoy this, Sox. I can't consider myself a full blown collector but I have a few odd ball ones that I've come across. I was just wondering if it's the governments way of trying to get rid of the paper $1 again or if it is just strickly from the collection point of view? Also I saw in the article where 71% of people don't want to get rid of the penny, even though it costs more to produce it than it is worth. I would vote to get rid of it but wonder what some other peoples opinions are?
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#685435 - 02/12/07 08:16 PM
Re: New Dollar Coin
Audit Girl
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10K Club
Joined: Dec 2002
Posts: 40,766
Turnpike Exit 10
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So it is only coins, not bills, AG?
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#685444 - 02/12/07 08:24 PM
Re: New Dollar Coin
Maxx
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Power Poster
Joined: Feb 2005
Posts: 6,559
Foxboro
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I understand how coin collectors would enjoy this, Sox. I can't consider myself a full blown collector but I have a few odd ball ones that I've come across. I was just wondering if it's the governments way of trying to get rid of the paper $1 again or if it is just strickly from the collection point of view? Also I saw in the article where 71% of people don't want to get rid of the penny, even though it costs more to produce it than it is worth. I would vote to get rid of it but wonder what some other peoples opinions are? It may be both, BankerJen, but this time (IMHO) by changing the Presidents, if it fails to catch on in general use, there would probably be enough interest by collectors to make the program worthwhile and a success... As for pennies, just get rid of them....they are a nightmare, and it may make my trip into the convenience stores a bit quicker...LOL
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#685458 - 02/12/07 08:35 PM
Re: New Dollar Coin
Maxx
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Diamond Poster
Joined: Feb 2004
Posts: 1,249
Indiana
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I was just wondering if it's the governments way of trying to get rid of the paper $1 again... Many in government have argued that the Treasury could save money by eliminating the dollar bill and going to coins. Coins can stay in circulation for up to 30 years. The average time a dollar bill stays in circulation is 18 months. The only way Americans will accept the dollar coin is by force, however, and that means eliminating the dollar bill. While many would be annoyed by the adjustment, the idea makes sense, IMO.
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#685474 - 02/12/07 08:48 PM
Re: New Dollar Coin
B_F
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Power Poster
Joined: Apr 2006
Posts: 3,950
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Most other countries have different sized paper money. I believe the (sorry I don't know the Society for the Blind's actual name) has been trying to get the country to convert to the different sizes. That would be the most beneficial. Of course that probably won't happen.
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#685574 - 02/12/07 09:56 PM
Re: New Dollar Coin
XODUS
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Gold Star
Joined: Oct 2004
Posts: 464
Ohio
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I understand that strippers are not big fans of the dollar coin  you would think they would be, the smallest bill would then be $2 and most would probably just bring in $5 and their earnings would go up. Just as long as people don't start asking where to swipe their debit cards....... Sorry folks...just couldn't resist
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#685620 - 02/12/07 10:21 PM
Re: New Dollar Coin
arye
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Power Poster
Joined: Jun 2005
Posts: 4,594
Easy Street
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I understand that strippers are not big fans of the dollar coin you would think they would be, the smallest bill would then be $2 and most would probably just bring in $5 and their earnings would go up. Just as long as people don't start asking where to swipe their debit cards....... Sorry folks...just couldn't resist LOL!
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