The New Dollar Coin: American Innovation

Yep, it's called bartering.

 

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I bet if I spent one it would be acceptable to the merchant.

 

Understatement warning. Unless it was a millennial, those who START each day confused and go back quickly from there.

 

Yep, and using coins to purchase items is also a form of barter. The only difference is the entity that determines the value of the proffered item.

Once again, the ability of whether or not an item can be spent despite the fact that that was not the stated purpose for its creation does not in any way make (or, FTM, not make) an item a coin.

 

If you have to pay a premium for a current production coin then I find it difficult to consider it a coin as it may pertain to coin collecting. However, people collect lots of stuff that might never have been in 'circulation'; cups, saucers, paintings, autographs, etc. With coin collecting a person had always had the possibility of completing a collection from circulation (extremely rare issues excepted). When I started in 1948 virtually all mint issue circulated coinage was available in change. If I would have had to pay a serious premium for current issues I would never have started in the hobby.

 

Aside from the trade dollar, I would also note that the coinage act of 1857 effectively demonetized foreign coins as being legal tender in the US. While not US issued coins, they were legal tender and served as US coinage while the mint ramped up to meet the demands of commerce.

I wasn't specifically talking about US coins though, since we were defining coins in general. The US is unusual in not demonetizing our coinage (above exceptions noted). Most countries do.

 

Sorry, the subject was the coin article said it wouldn't circulate. That's NCLT, I didn't even think of it as political topic. Non Circulating Legal Tender is not political. I will be extra careful next time, but I fail to see this as a political, but rather an educational item. I guess it's my bad. I'll leave it that way.

 

It's not. But when someone dies, then political comments are tolerated.
It's hypocritical.

 

Stevie Ray Vaughan..... Tesla.

 

Yes! Stevie is the best. Just looks at this practice session as I implore you not to skip anything at the beginning.

 

Paper money is issued by a government and is "legal" to be used as money, so paper notes are coins.

 

Never realized so many famous people from Minnesota.
Tesla? Really?
Don't forget Verne Gagne.

 

Tesla is from Sacramento, CA. I know because the radio stations never let me forget it

EDIT: Realized that we might not be talking about music anymore lol, but I don't know anything about Nikola and Minnesota.

 

You forgot the other reason: they can sell coins because there are gullible customers willing to buy them.

 

How many millions of dollars do we waste every year to change the dies and designs for these circulating commemorative coin series?

 

I truly have no idea who comes from Nevada that deserves a distinction. Maybe Hoover for the Dam?

 

While Edison was born in Ohio, I think he is more famous in New Jersey.
Who else do they have besides Frank Sinatra?

 

This is why it should be innovaTIONS, and not innovaTORS.

 

New York. Picture of the states hand in my pocket. The innovation is how my voting candidate slection can once again represent me. With there best interest