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Showing posts 26 - 50 of 54, (reverse)
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04/10/2008 10:29:11 PM · #26
Originally posted by SDW:


ETA: But my personal opinion is that the US is not concerned with making any significant changes between the bill and the coin. I feel that all paper money and coins will be going away shortly, even checks. Debit cards will be taking there place.


It will be a sad day when this happens and people will come to
regret it. The last little smidgen of freedom in this country
lives within our currency.
04/10/2008 10:33:21 PM · #27
Originally posted by JulietNN:

When I went to NC, there where literally millions of 2 dollar bills everywhere. Then I came back to AZ and people kept checking them out to see if it was real money or not.


I guess you didn't run into any 200 dollar bills while visiting our fair state? LOL
04/10/2008 10:43:19 PM · #28
Originally posted by fir3bird:

Originally posted by JulietNN:

When I went to NC, there where literally millions of 2 dollar bills everywhere. Then I came back to AZ and people kept checking them out to see if it was real money or not.


I guess you didn't run into any 200 dollar bills while visiting our fair state? LOL


What? How could a note with "We like broccoli" on it not be legal tender? But then it has DQ on it, too....
04/10/2008 11:05:30 PM · #29
I've traveled through much of the world, and really really appreciate other countries' high-value coins. Coins in the US seem like nothing more than a nuisance or burden to me now after being able to spend $2, $5, and $10 coins in other countries. Such a thing like a penny seems completely worthless to me.
04/10/2008 11:14:33 PM · #30
Originally posted by SDW:

Yes the US does have in circulation One-Dollar coins. The last two $1 coins to be minted for circulation were the Susan B. Anthony and Sacajawea respectively. The US Mint does produce commutative $1 coins but do not put them in circulation, they are mostly targeted as a means of review from collectors.

This is a bit out of date -- there is a new series of Presidential $1 coins coming out, probably inspired by the popularity of the State Quarter series. Perhaps by getting people collecting them they will get people more used to using them.

The advent of $1 soda in vending machines will probably help too ...
04/10/2008 11:19:41 PM · #31
Originally posted by GeneralE:

This is a bit out of date -- there is a new series of Presidential $1 coins coming out, probably inspired by the popularity of the State Quarter series.


Actually these dollar coins are already out. In 2007 they released presidents 1-4, as you can see from your link, in 2008 they are releasing presidents 5-8. They are pretty nifty looking though, if I do say so myself. =)
04/11/2008 07:10:25 AM · #32
I kind of like the coins but after living in Okinawa for a year (twice) where coins are the norm below 1000 yen, it gets pretty annoying carrying a pocket of coins...also something I had never considered until I worked fast food (oh so many years ago), a police officer used to come in most every day for lunch and would leave his change. One day I casually asked him about it and he told me he leaves it cause the last thing he wants is to be trying to track down someone and his pocket is jingling with change. Of course he could just put it in his car, but always left it.

If the treasury gets rid of anything they should get rid of the penny...in most military facilities overseas they don't even have pennies because the weight of shipping them out weighs their actual value, so mostly they will round up or down your change.
04/11/2008 07:20:30 AM · #33
Never used one. in fact, although I have seen them, I don't think I have ever actually possessed one.
08/30/2008 12:41:38 PM · #34
I love the dollar coins and use them all the time. I have always liked the idea of using coins instead of paper and now that you can get the dollar coins directly from the mint I use them all i can. Recently the mint started their direct ship program for the presidential dollars. There is not any extra shipping cost so its a dollar for dollar exchange. You can get up to 500 at a time. I never touch a $1 bill anymore. Also many local merchants will take the mint rolls (25 coins). I just hand them an unopened roll just like hading over a twenty dollar bill.
Not only do i enjoy the feel and look of coins, using them can hemp reduce the national debt. Coins issued by the u.s mint are assets of the government unlike the federal reserve notes which are actually liabilities, as the government has to issue interest paying treasury bills for for use of the federal reserve notes. I realize that my use of coins intead of notes will not make a different in the national debt, but if a large number of people started doing this, it would slowly help reduce the debt. Now if only we can get congress to approve the minting of larger denomination coins.
08/30/2008 01:01:39 PM · #35
Originally posted by Monique64:

In Australia our smallest note is the $5.00. We have $1 and $2 coins. Didn't like it at first but you get used to them. Our smallest coin is a 5cent piece

So do you still have $1.00 notes?


We still have the $1.00 notes and $2.00 notes. Though the $2.00 notes are rare, and have never been very popular. The coins are not popular because there is no real use for them. Most vending machines do not take them, and many people do not use coins except for vending machines and mass transportation. Usually, my coins wind up on the dresser at the end of the day. Later they get all bundled up and turned into "real" money. Hence the popularity of things like coinstar.

When I pay cash for a non vending machine purchase I seldom fish through my pockets to add coins to the paper money. Which is why I have no use for a dollar coin.

Now that being said, I do miss the old silver dollars. (Cartwheels) Those things were big and heavy, and felt like money. As a child, I remember having three or four of those in my pocket, and feeling like a millionaire.
09/20/2008 04:59:36 PM · #36
I don't really use dollar coins. They are way to heave and make a lot of noises in my pocket... Besides its rare that I see one.
09/20/2008 05:21:19 PM · #37
I don't really see them often and you never get one in change when buying something, whenever I do get one I throw it in a big glass watercooler jug. Which is now so heavy that I can't move it. I figure maybe I can buy my next car with the coins and really piss off some car salesperson, and wouldn't that feel good. The only problem is getting them to the dealership.
09/20/2008 05:58:23 PM · #38
Rarely, only because the only place you get them is at the Post Office as change. I like taking them in a leather pouch to Renaissance festival to pay (seems appropriate), but I have to order them in advance from the bank as the bank doesn't even keep them around. (Well, it's no wonder people don't use them much if the banks don't keep them!)

I like the idea of a larger $1 coin (like the old silver dollars) and larger denomination coins as well. I loved to old 50¢ pieces. Those were really cool! The new nickels and quarters don't do anything for me.
09/20/2008 06:41:08 PM · #39
Like 'em....use 'em whenever, and hope they never stop making 'em.

Dollar coins have always been a novelty since the days of "Silver Dollars" and they're always good for teaching our children a little about history when they don't mean to learn anything.......8>)
09/20/2008 07:15:29 PM · #40
wish I had a million of 'em.
09/20/2008 07:30:59 PM · #41
Originally posted by Pug-H:

.....It's better for the Central Bank/US Govt. if you keep them (seignorage).


why is that?
09/20/2008 07:59:51 PM · #42
Originally posted by dwterry:

Never. Too easy to mistake it for a quarter.


same here dont like them at all
09/20/2008 08:51:52 PM · #43
I work at a ticket booth and people don't like receiving them as change, so I usually buy up all the $1.00 coins and $2.00 bills at the end of a shift. I have about 50 of the $2.00 bills. All brand new.

The $1.00 coins are great if you take public transportation. I guess people don't like the $1.00 coins is you can't use them in all vending machines, meters, or other places that requires coins.

When I was in Japan using coins were great. I would have a different coin in each of my pockets and whatever the total was I would reach for a different pockets. I love how in Japan people respect their money and all paper money is brand new. When people pay in the U.S. they throw the money on the counter or at you.

Message edited by author 2008-09-20 20:55:16.
09/20/2008 09:10:43 PM · #44
Originally posted by fir3bird:

Originally posted by SDW:


ETA: But my personal opinion is that the US is not concerned with making any significant changes between the bill and the coin. I feel that all paper money and coins will be going away shortly, even checks. Debit cards will be taking there place.


It will be a sad day when this happens and people will come to
regret it. The last little smidgen of freedom in this country
lives within our currency.


Well, I'm probably going to start a riot here, but if you truly understand it, our currency is responsible for our lack of freedom. Our money is created (literally) out of thin air and has no backing (other than the government's anticipation of collecting more taxes from the citizens). We are dedicating our lives, and the futures of our children, to complete serfdom at the hands of an unconstitutional banking cartel (The Federal Reserve) which is using its power to devalue our currency to the point of no return. Every government, throughout history, that has used fiat money has self-destructed, and it looks like we will be next unless we make some major changes, fast.

If it sounds like crazy talk, check out some of these links:

The Crash Course by Chris Martensen

The Creature from Jekyll Island by Edward Griffin

"The Mandrake Mechanism", chapter 10 from "The Creature from Jekyll Island".


09/20/2008 09:12:42 PM · #45
' . substr('//www.dpchallenge.com/images/user_icon/user_id/29009.gif', strrpos('//www.dpchallenge.com/images/user_icon/user_id/29009.gif', '/') + 1) . ' L2 has no opinion on the efficacy of US Dollar coins, but if someone wants to shower her with them she would not object. :)
09/21/2008 12:32:35 AM · #46
Originally posted by L2:

' . substr('//www.dpchallenge.com/images/user_icon/user_id/29009.gif', strrpos('//www.dpchallenge.com/images/user_icon/user_id/29009.gif', '/') + 1) . ' L2 has no opinion on the efficacy of US Dollar coins, but if someone wants to shower her with them she would not object. :)


That might smart a little depending on the quantity showered...
09/21/2008 08:22:28 AM · #47
Originally posted by Monique64:

In Australia our smallest note is the $5.00. We have $1 and $2 coins. Didn't like it at first but you get used to them. Our smallest coin is a 5cent piece

So do you still have $1.00 notes?


Same here in Canada except for the penny, it still hasn't been phased out but talks are aiming for that soon, can't wait. I don't mind having one and two dollar coins but find that some businesses don't manage their money well and overuse these coins when giving out change. I don't need 3 two dollar coins when my change is over 6 dollars. ;\
09/21/2008 02:46:49 PM · #48
Originally posted by rox_rox:

Originally posted by fir3bird:

Originally posted by SDW:


ETA: But my personal opinion is that the US is not concerned with making any significant changes between the bill and the coin. I feel that all paper money and coins will be going away shortly, even checks. Debit cards will be taking there place.


It will be a sad day when this happens and people will come to
regret it. The last little smidgen of freedom in this country
lives within our currency.


Well, I'm probably going to start a riot here, but if you truly understand it, our currency is responsible for our lack of freedom. Our money is created (literally) out of thin air and has no backing (other than the government's anticipation of collecting more taxes from the citizens). We are dedicating our lives, and the futures of our children, to complete serfdom at the hands of an unconstitutional banking cartel (The Federal Reserve) which is using its power to devalue our currency to the point of no return. Every government, throughout history, that has used fiat money has self-destructed, and it looks like we will be next unless we make some major changes, fast.

If it sounds like crazy talk, check out some of these links:

The Crash Course by Chris Martensen

The Creature from Jekyll Island by Edward Griffin

"The Mandrake Mechanism", chapter 10 from "The Creature from Jekyll Island".

Rox, this is such an interesting topic. Ron Paul piqued my my attention about this when he ran for president and I was greatly dissapointed by the low level of debate that generally consisted of ad hominem attacks against Dr. Paul. I never heard or read a serious rebuttal to his arguments about the dangerous ways the US is manipulating money through the federal reserve.

Agrguments I heard on this topic just took the form of, "Well, Dr. Paul is way out on the fringe on this issue..." OK, I'll agree that he is, but I'd like to hear someone explain why they think he is wrong instead of just pointing out that he's not winning the latest popularity contest (look up the logical fallacy argumentum ad populum and ask yourself if you would jump off the golden gate bridge just because most politicians think you should).

Please post a link to a good rebuttal about this federal reserve issue if you know of any, I'm seriously interested. Otherwise, I think we in the US should all be paying much closer attention to what people like Ron Paul have been warning us about regarding US monetary policy.

Message edited by author 2008-09-21 14:47:33.
09/21/2008 02:53:49 PM · #49
The Tooth Fairy uses them around my neck of the woods. :)
09/21/2008 03:45:48 PM · #50
It's funny to see such a discussion about a $1 coin, when only 3 years ago, Canada wanted to retire the $5 banknote, and issue a $5 coin. (We already live quite harmoniously with a $1 and $2 coin).

Canadians, however, soundly rejected the thought of a $5 coin.

Phew.

I must say though, when you have $40 worth of Loonies and Toonies (Hey, we're Canada!), it's a might impressive thing.
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