QOTW: Why do people hate the dollar coin?

Discussion in 'Coin Chat' started by schatzy, Jul 18, 2009.

  1. Gao

    Gao Member

    Before I went to Japan a couple of years ago, I always heard complaints about how much change you have to carry there. You see, the smallest bill in Japan is 1000 yen, which is about $10, so if you go shopping, your pockets can quickly fill with 100 and 500 yen coins. To my surprise, I found that I didn't mind all that change too much. I think it's because it felt like it was actually worth something, unlike the American change, which often just feels unnecessary and useless. I have to say that it's kind of cool to be able to go into a store and buy multiple items for just one coin. Since then, I've actually liked getting dollar coins, and I've circulated them as normal.
     
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  3. Chiefbullsit

    Chiefbullsit CRAZY HORSE

    You can't play LIARS POKER with a dollar coin............:hail::hail::hail:
     
  4. coop

    coop Senior Member

    But you can flip it and call it in the air.
     
  5. Captainkirk

    Captainkirk 73 Buick Riviera owner

    But, you can, like I have 4 e's or 8 U's, using the doubled edge lettering.
     
  6. Chiefbullsit

    Chiefbullsit CRAZY HORSE


    :kewl:........................................:)
     
  7. Conder101

    Conder101 Numismatist

    Same answer as for the Gentlemens club, use a $2 note which will be much more common once the $1 note is discontinued.

    1. I'll agree with that.
    2. Where are all these gold colored quarters they are confusing these things with?
    3. A lot of new casheirs haven't seen hundred dollars bills either. We better discontinue them too.
    4. Well that's valid. They will just have to get new equipment. These things do wear out and have to be replaced anyway.
    5. Actually they do.
    6. This is basically a restatement of #3.
    7. And the changeover will not affect them.
    8. Every machine made in the past thirty years is capable of accepting them as can all of the older machines that have been serviced in the past thirty years and had their coin mechanisms replaced. If they don't currently take them it is just a matter of flipping a switch on the mechanism.
    9. Neither will a dollar bill.
    10. I guess that means they reject all the state quarters too since there are many more designs for thaose than there are for the dollar coins. There is some valid basis for this concern though. In Great Britain they change the design of the one pound coin each year and the number of counterfeits in circulation has reached 2%. I would think people would get kind of upset if one coin out of every two rolls of dollars they got was a fake.
    11. Why? Could this be another restatement of #3?
    12. Why would anyone want to carry $100 worth of coins? Why would anyone want to carry $100 worth of dollar bills?
    13. Sounds like yet another restatement of #3.
     
  8. ewomack

    ewomack 魚の下着

    I'll always remember as a kid receiving 3 SBA dollars in change for a dollar from a local drug store. I didn't even notice until arriving home. The person balancing the till that night probably had a conniption - or at least their boss did. That would never happen with the gold dollars, particularly since the things don't circulate. People seem to collect rolls of them. My bank was consistently out of them every time I asked - they didn't even have one. But I never saw, nor see, them anywhere. Where do they all go? Into people's closets? The only time dollar coins spewed at me was when purchasing subway tokens in St. Louis. I was stultified to see Sacajawea and 1999 SBAs flowing into my hands. Never before, never since. People just seem to HATE them (the Simpsons even joked about them - one episode showed Moe holding a shotgun to a customer's face and yelling "now you get out of here with your lousy Sacajawea dollars!!!"). I don't get it. The billions of dollars that circulating dollar coins would save boggles the mind... bills are nice, I admit, but I rarely carry cash these days anyway. It's all plastic.
     
  9. JHXHD

    JHXHD Metal Detectorist

    I love to have my fair share of them!
     

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  10. Ruben

    Ruben Member

    The dollar coin just makes too much sense, but people always are slow to accept change. IMHO:
    *stop making dollar bills
    *stop those ridiculous president dollars (just a trick for the mint to sell coins to collectors)
    *the Sac is a well designed coin, front and reverse, and would serve well if people used it.
     
  11. Just Carl

    Just Carl Numismatist

    GEE and someone said that can't happen. :goofer:
     
  12. Just Carl

    Just Carl Numismatist

    Interesting that I've never seen a two headed or two tailed baby dollar coin in magic shops. For flipping that would work.
    At one bank I go to they always ask if you want some of those baby dollars since they are buried with them and not many ask for them anymore.
    I've checked at several laundromats around me and none have any machines that take those dollars.
     
  13. Just Carl

    Just Carl Numismatist

    Restatements of #3 is due to being true I guess.
    #8 if true, someone should tell everyone about that since I can not find many machines anywhere that takes them. I recently checked several laundromats and none had a machine that takes them. Must be older than 30 year machines.
    #12. Your kidding of course. Go to any flea market and about half the dealers have hugh piles of dollar bills. Many KNOWLEDGEABLE purchasers at flea markets carry large amounts of small bills. You can't haggle about a 3 dollar price and then produce a 20 bill. This is basically the same at coin shows, camera shows, gun shows, knife shows, computer shows, etc. Most deal with cash. Yes large purchases are with large bills, but many, many small purchases are with small ones.
    You just have to get out more.
     
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