National Parks Quarters look likely.

You are exactly right. These quarters are not really being done to commenerate anything, only to generate more revenue. The really sad part is it will be spent on something that has no effect on the citizens of the nation creating the coins.

 

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Œ‰Ø∏€‹›ı·‚£¢∞§¶•ª!!!!! this totally sucks! 112 quarters? Plus the 57 as of a year from now? Not good.

 

And don't forget that the Secretary of the Treasury has the option to do a second go around so it could be 224 quarters (plus 112 proofs)with the program lasting 22 years.

 

many of us will never see a new "regular" quarter again.

 

Ding ding ding ding ding!! Tell him what he's won Johnny!

Well Mr. TD, you've won an all exclusive opportunity to watch the mint produce several hundred different quarter designs and make another few billion dollars over the next decade or more at the expense of your hobby!!! Wooooooo!

In all seriousness, I will stop collecting these quarters after next year. I have no interest in commemorating historic parks, sites, or civil rights. I have no interest in a 3 inch bullion coin either. Much less 56 of them.

The states was a neat idea. Now it's all just for greed. It said on their site that the profits they made from the state quarters program was unprecedented in history. Which I don't doubt a bit.

I don't have any problem going with the New Jersey state quarter design going forward. I think that's a good design for the quarter and I wish they were just going with it after next year. We'll be lucky if it ever happens. One of their programs will eventually have to flop before they give up the greed aspect.

 

Presidental dollars have flopped. IMO

 

As collectors items I don't know yet. Maybe they have. But I don't think they have to sell too many at the mark up they have to turn a profit. The jury's probably still out on them.

As far as circulating, they have flopped. Which, I can't understand. I blame it on the banks. They simply must not be getting them out. If I got some in change, I would spend them. If they'd just get them out there to where they were common, people wouldn't care but they don't. Maybe they aren't making as many as they need to. I don't know.

They'd circulate if they got rid of the dollar bill altogether.

 

Don't blame the banks. Are YOU asking for them every time you go to the bank? Are you refusing the paper money they try to give you and asking for dollar coins instead? Well for the most part no one else is either. And since no one is asking for them, you would be surprised at the number of people who still don't know they exist, the banks aren't ordering them. (And remember the banks have to pay shipping charges on coins so every time they order them they are losing money. And losing more if they have to ship them back. And losing still more if they are just sitting in the vault as a dead item. Is it any wonder they don't want to fool with them?)

And once again you are back to the answer to the problem. People tend to function by habit and they will resist an attempt to change their habits. Using paper money is a habit and the general public will not change that habit unless forced to do so. That force is to eliminate the dollar note. If they can't get it they will HAVE to change their habits and it will be to use the dollar coin and to increase the use of the two dollar bill. (And the increase in the demand for the two will tend to keep the orders for paper up at Craine and to greatly lessen the number of jobs lost by eliminating the dollar bill. All the hardship to the company and job loss claims made by those opposed to eliminating the dollar bill don't hold water.) The number of twos used will increase because people WOULD rather use paper, and it also would mean that you would never have to accept more then one dollar coin in change. This greatly lessens the argument against having to carry around a pocket full of dollar coins. Either spend them or if you have more than one, swap it for a two.

But it all still comes down to having to eliminate the dollar bill before the dollar coin will work.

 

Seems that most people in the US think of coins as change that you get back, say at a store, and then put away somewhere. With "paper" on the other hand, even if it's only a rag dollar, you can buy something.

Was interesting to see how different the "mindsets" in different parts of the EU were before the euro changeover: In most countries it was (and of course still is) perfectly normal to not only get coins back but also use them when you pay. In others there was this "coins are worthless" mentality before the changeover, and it took those people a while to learn that a €2 coin (about $2.70 these days) is not exactly negligible junk, or coin jar fodder ...

I guess that part of the State Quarters success story was that you would come across them in everyday life. Won't work with the $1 coins. But it may work again with the NP quarters, especially if they (at least the first couple of issues ) are nicely designed.

Christian

 

Here a lot of the banks will not order the new dollars. They will assign one branch of the bank to order the minimum amount they are allowed in a order and then when they are gone they are gone. The branch I deal with as even said that they can't get rid of them 90% of the time. They have even reverted to breaking open the rolls themself, trying to give them out in change, and have customers refuse to take them.
Just yesterday, I was able to obtain 3 rolls of John Adams dollars, because the bank had them in their fault from when they first ordered them.

Dave

 

But even then most of the countries had already replaced their smallest size notes for a smaller size coin years earlier and in each case they made it work by eliminating the note. So when the Euro came out people were already used to using coins.

When they did introduce the coins that eliminated their small denomination notes people griped then adjusted. Where did they learn that lesson? Believe it or not from the US! They watched what we did with the SBA back in 1979 saw the mistakes we made with the size, color, and by not eliminating the paper note and they learned from our mistakes. Problem is we didn't.

Exactly, the state quarters worked because people already used the quarters every day the acceptance was built in. The Sac and President dollars didn't have that built in acceptance so making a series of changing designs on a coin that no one used did not encourage their use because they never saw the new designs in their pockets every day.

 

Here in lies another part of the problem. I don't go to the bank. My paycheck is direct deposited. I go to the drive up ATM to withdraw money. The ATM doesn't dispense coins.

I rarely need to go in to do anything, beside cash an occasional check.

Maybe I will go in some day and request some $1 rolls and get them in to circulation. Do cash registers have a drawer for them?

 

Well as far as I know the pres has not signed it yet... I know a Veto is a pipe dream but is there some statute of limitations for these? How long does the president usually take to sign a bill?

 

If the president doesn't sign it in ten days, it becomes law, UNLESS, Congress adjourns before the ten day period is up. That event is called the pocket veto.

 

it should be pass. i hope the obverse will change. like washington face straight toward us. or washington face the other side. i hope it will not be the same obverse.

 

Isnt the ten day period up today?

I dont believe that Congress is in session as it is Christmas week.

So unless President Bush signs it today, it has been vetoed.

Am I missing something??

 

http://en.wikipedia.org/wiki/Pocket_veto

Hey look at this.... It looks like Bush likes to Pocket Veto... and Congress is assuredly not in session... You don't think that is his intent do you? A pocket veto keeps it from being sent back to congress. RAY OF HOPE? Or FALSE HOPE?

 

Thanks for the link.

That means President Bush has until today (December 22) to sign the bill
or it is "pocket veto".

It was passed on December 10th. Ten days are the 11,12,13,15,16,17,18,19,20,22.(Sundays excluded).

 

next 50 state quarter. state seal, state flag, state flower, state bird, state famous scenery and so forth.

 

er whats with the devil colors next your name ?