The State Of The Dollar Coin

The pres. dollar are not circuated much here in the Houston area. So when I go to the bank I pick up a couple of rolls and spend them. Like for the Tollway or movie rental, places where I drop a few dollars at a time. People are amazed when they get them.

 

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Everybody on CT should order up a box of $1 coins on the direct ship program (no shipping charges) and spend 'em. It's kinda fun using them.

Now, here's my proposal for the paper denominations. Get rid of the $1 AND $5 bills. Replace those with a $3 bill. (I think inflation has taken it's toll on the viability of a $2 bill.) So, you buy a cup of coffee with a $10 bill, for change you'd get two three-dollar bills back, along with one or two $1 coins (and some smaller coins). Buy a candy bar with a $10, you'd get three $3 bills in change.

 

here in SF dollar coins are accepted at the coin machines. especially the public parking lots where you have to buy a ticket, they dispense in dollar coins. Same with caltrains and bart. if you break a $20 its all dollar coins.
For some reason I have been seing the strip clubs also gining out dollar coins lol.
And I love carrying 38 mm dollar coins in my pocket, I am planning to get a petition or movement for 38 mm dollar coins again but its in intial stages will be another year or two until i get it started.
Bigger coins tend to be colelcted and liked mroe liek the eisenhowers, people think the eisenhowers are extremely special. However we can assume the mint wont change the design until the presidential coin series is done, which is being collected heavily in this area.

 

Sure. Just buy a commemorative $1 coin. Will cost a little more than 1 dollar though.

Isn't it a little strange that some people in the US complain about the current $1 "circulation" coin being "too big and heavy", while others complain about the piece not being big enough? Yes, I know the US is the US and the World is the World, but if you look elsewhere ... The Canadian $1 coin (currently about $0.95 in US dollars) has pretty much the same size of 26.5 mm as yours, the €1 coin ($1.44) is 23.25 mm, the British £1 coin ($1.62) is 22.5 mm but fairly thick. Seems that elsewhere such sizes work (fairly) well. And while the current setups could probably be improved, I doubt that people in those countries would want giant coins of so little value. Would "the" Americans? I doubt it.

Christian

 

In Canada and Britain (rather Enlgand and Wales), the government got rid of the paper dollar/pound and people were forced to use the coins. Scotland kept on printing paper pounds and the coins weren't used for years and years.

The answer is obvious.

 

As far as I know, only one bank in Scotland issues those £1 notes. All others in Northern Ireland and Scotland have £5 as the lowest denomination. And my impression is that the £1 coin is more common in Scotland than its paper equivalent. This was also true for Germany when we had both 5 DM coins and notes; the bill was rarely used. But the question the OP asked was "Will this denomination (the US $1 coin) ever appear again in a 38mm format?" And no, I don't think so - would not make sense for a circulation coin ...

Christian

 

....???

 

I only one time ever received a Susan B. as a dollar and not as a quarter by mistake. That was as subway change from a machine. That one, sitting in my desk drawer, is the only one that didn't go back out as a quarter by mistake also.

 

Canada used $1 bills, $2 bills, and a large 32mm dollar which was hardly ever used just like the SBA's, sacs, and prez dollars. We got rid of the $1 bills, and started using our beloved loonies which everyone now uses. We still had $2 bills which were not popular before the change, and were still not popular after the change. We got rid of those too and replaced them with out toonies which are very popular.

 

I love the larger coins because of the size and beauty, but like others I feel that it's impractical. However, from a purely numismatic perspective I think it would be great. This is one reason I love the ASE (I know it's not 38mm...but it's close)...it fills the role of a large silver dollar that we love but it isn't impractical because it's not intended to be spent.

 

I know what you meant but it's not what you said:bigeyes:
Doc

 

I do not want this thread to devolve into politics . . . but I think we can agree on the following: there are lots of smart things that government does that the public doesn't understand and therefore they think it's a waste (and vice versa). If the govt. spent much money advertising on why they should use a dollar coin instead of the paper dollar, far too many would be writing their congressman decrying the use of taxpayer money for such things, folks would use this issue to show how their against government waste, others would complain that the govt is trying to disrespect George Washington, other would complain about political correctness, and on and on and on.

(Anybody remember the big brouhaha when "In Gd we Trust" was put on the edge of a coin? Political commentators are *still* complaining about that, as supposed proof of a conspiracy by government to remove religion from the public sphere.

In fact, political calculations, posturing, and ignorance is why we still _have_ the paper dollar. Bottom line: too many people like it or are comfortable with it. No matter that it costs more or may not make economic sense. And if folks try to "force" the dollar coin on us, well then, it'd just be another instance of "gummint bureaucrats" trying to tell "real America" what they should be doing, and before you know it it's proof of socialist tendencies, and so on and and so forth.

Disclosure: I work for the federal govt, in DC. I know first hand.

 

Ya put coins are so heavy fat americas will moan and groan they cant carry them since their probably getting a candy bar from the machine lol

 

I used them this weekend, left a few for a tip at a resturant, Paid for my ticket to go see Avatar and a few other places. One comment was Do you work at a Bank?? another was oohh I collect those. So I'm going to make it a habit and stop by the bank and pick up a roll or two and use them instead of dollar bills.

 

The government has already spent almost $100 million dollars on advertising to promote the small dollars. It apparently hasn't been too effective has it, because apparently few people here even remember the ads.

 

No, don't you get it? They must spend more on advertising. And also lower taxes at the same time!

 

I dont spend them,I buy them by the roll and put them away.

 

?

Are they is grade school lunch boxes?

I've never seen a promo, so where did they put them?

The soles of cheap shoes? Inside socks?

 

They had full page ads in newspapers and magazines, Radio and TV spots. And of course promotional material for distribution in banks.

 

And of course their web site.