Please read here http://www.numismaster.com/ta/numis/Article.jsp?ad=article&ArticleId=5061 I've been saying it for years, and finally someone who is more eloquent and has a humorous solution to the problem is finally weighing in on it. At least I don't feel alone in being awash in a crappy goods tsumani from the U.S. mint. Plus I'd be totally willing to call my congressman and ask that he adopt and set this bill forward.
coin collectors protection act I'd be behind it. Point #9 is a good one -- the size of the small dollar must be changed. The real way to make sure people use the coins, though, is to eliminate the bills, like Canada has done. They use coins for $1 and $2 denominations, with the smallest bill being $5. I'm not necessarily an advocate of that, as I like the use of $1 and $2 bills, but it's one way to make sure the coins circulate.
I agree. Eliminate the one dollar bill and replace it with something the size of a Morgan or Peace or Eisenhower dollar [regardless of what it is made of]. Those little-bitty things are a national disgrace.
i think the writer is thinking he needs to be a completest. the mint is offering a variety of products that fit a variety of needs - from the investor to the special occasion gift buyer. i will buy a silver proof set when a family member or friend has a child. it doesn't cost a ton of money, but down the road it might be of some greater value. the mint does make a ton of crap - look at the lack of quality in the recent circulating products - ugly is too kind. i don't mind the staggering number of products, i just wish these products were all of a high quality and durable. how many of the state quarters look like garbage after only a few years in the hands of the populace? if it takes reducing the number of products to enhance the quality, so be it. in the end, i think the mint is trying to cover a large market of potential buyers and the budget required to be a completest just shows the variety that they are producing. does the high number of products correlate to the reduced number of contract mint work? -Steve
I'm told one of the reasons silver dollars weren't all that popular was their weight and bulk. Try putting 4 or 5 Ikes in your pocket and compare that with 4 or 5 $1 bills. Pretty clunky for my taste.
I don't think it would be much of a problem. A very large percentage of transactions are electronic, most people would have no need to carry very many of them, and most women carry a 10 pound purse anyway so a couple of extra ounces won't be noticed. If the objective is to use coins because they outlast paper bills and save money in the long run, a respectable size coin would help. I think if they resurrected the morgan, peace or seated liberty dollar [without the silver] with current year dates, it would be a huge hit. ...but it isn't going to happen and the author no doubt knows it.
I agree most with point 9. The British pound feels surprisingly nice in your hand. Its the perfect balance of heft and size.
i agree the pound is a nice size the loonie n toonie are great but if you have more then 2-3 of each in ur wallet they just start to become annoying
Getting rid of the one is the only way to get the dollar coin to work. We need wholesale "loose change" reform.
