Bills vs. Coins.. Let me get this right!

Discussion in 'Coin Chat' started by glaciermi, Nov 29, 2006.

  1. KLJ

    KLJ Really Smart Guy

    If the government wanted to push the dollar note out, they'd have to do like the Candians and Brits, among others, did. Demonetize the notes. Which is why the switch was made successfully in those countries. Once the change is made, people and businesses will deal with it. Greed is one of the seven deadly sins for a reason.
     
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  3. Drusus

    Drusus Pecunia non olet

    I dont think I have an emotional bone in my body, my points for dollar bills over coins are all very rational...I also agree that if we were to switch to coins it wouldnt be that terrible...I just know that most american vendors want bills for the reasons I put forth...or at least the few that I have discussed this with want to keep bills, they simply dont want heavy clunky change when possible, they even complain about the amount of change they have to deal with already. It might be emotion on your part that doesnt allow you to see the very real benefits of bills over coin in commerce :)
     
  4. bromac4

    bromac4 Senior Member

    Perhaps spending habits change when going from bills to coins,it's been so long it's hard to remember.I work for an operation that has a large grocery store as well as convenience stores and gas bars and we never have a surplus of one and two dollar coins,in fact we frequently have to get them from the bank as change.All I'm saying,from experience, is that the objections put forth,in theory,have turned out not to be problems in practice.
    I guess emotion was the wrong word to use,I'm just trying to add to this discussion from my own experience.

    Bill
     
  5. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    bromac4,

    During my lifetime, I've been through:

    - Why American's will never drive foreign cars
    - Why American's will never recycle
    - Why America will never have a Catholic president
    - Why an American basketball team will never lose in the Olympics
    - Etc.

    We do more believing than thinking down here, and become more and more resistant when the issue becomes less and less important. Then we try something, and in a few years we will not only not remember resisting, we will deny that the resistance ever existed.

    It's a cultural thing I guess. Someday the US Mint will find the courage to pull the $1 bill and the coins will be used. Maybe they are waiting for the implementation of the Amero to replace the dollar in a few years.
     
  6. satootoko

    satootoko Retired

    I'm really getting tired of the repeated unfounded attacks on the Mint.

    The Mint has ZERO CONTROL over the issuance of paper money. Congress dictates that paper dollars are to be produced, the Bureau of Printing and Engraving produces them, and the Fedral Reserve Banks distribute them.

    If you want the dollar bill abolished WRITE TO YOUR CONGRESSMAN!
     
  7. Drusus

    Drusus Pecunia non olet

    I like coins more than bills on the whole but I collect the odd bill here and there because they are often very nice and artistic...so I like both...I'm wishy washy :)
     
  8. seeker007

    seeker007 New Member

    I think we should go back to trading with chickens and goats. How do you grade a MS-70 Chicken btw? Will there be a double beak variety?
     
  9. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    You are correct, of course. My comment was improperly directed. After awhile, all government organizations start to look alike.
     
  10. KLJ

    KLJ Really Smart Guy

    Yeah! There are so many well founded reasons to attack the Mint that new ones aren't necessary.:D
     
  11. Aidan Work

    Aidan Work New Member

    We've had $1 & $2 coins in circulation over here in New Zealand since February 1991.There's been a whole generation of New Zealand children who don't remember ever seeing $1 or $2 banknotes in circulation.Most of the 1990 $1 & $2 coins still turn up in change.I prefer to get coins in change rather than banknotes.

    Aidan.
     
  12. satootoko

    satootoko Retired

    [​IMG]

    One more old thread revived without adding anything to the discussion.
     
  13. Coinlover

    Coinlover The Coin Collector

    why are these old threads being retrieved?:eek:dd:
     
  14. karrlot

    karrlot Senior Member

    Is there a limit as to when you can comment on a post?
     
  15. rotobeast

    rotobeast Old Newbie

    I think Aidan was trying to bury something.
    :D
     
  16. Aidan Work

    Aidan Work New Member

    Karrlot,I don't think there should be.Roy deleted all the postings,except for the newest one in the Private Pattern Euros thread.I wasn't too pleased,as it was a thread I originally started back in 2005 that contained some very interesting information,including 2 links.

    Aidan.
     
  17. clembo

    clembo A closed mind is no mind

    Cash registers

    All of the political/government arguments aside think of this.

    ASK A CASHIER WHERE HE/SHE PUTS ANY COIN WITH A DENOMINATION LARGER THAN A QUARTER.

    Most cash registers are laid out to comfortably hold the cent through quarter and the single through 20 in currency (except the $2 note).

    What do cashiers run low on the most? Singles and fives.
    So if you go into all coins they'd be running out of bulky coins like the dollar.

    The bottom line is that Americans don't like $1 coins for everyday use. I'd rather have 20 singles in my wallet than 20 Sacagaweas.

    Back when Morgans were in circulation a buck would actually buy you something. What can it get you know? A KFC snacker?

    Coins are bulky. Currency is not but a bulk of currency is a good thing to have in your wallet compared to coins.

    Besides, what would us currency collectors have to look forward to?
     
  18. satootoko

    satootoko Retired

    Complain all you want to, but at least don't blatantly lie!

    Your new post was transferred from the revived old thread into its own thread.

    The 2-year old thread is still in the archives with NOTHING deleted.
     
  19. JeromeLS

    JeromeLS Coin Fanatic

    Yes, the ultimate solution. Very annoying when it goes missing though...
     
  20. karrlot

    karrlot Senior Member

    What would become of wheresgeorge.com? have you ever tried to inscribe www.wheressacagawea.com on a coin? I'll tell you this, its not so easy.

    What then of the presidiential dollars? It would change all the time: wheresjohn.com, wheresgrover.com, wherestheodore.com, wheresherbert.com - we just coulndn't keep up!!

    If we get rid of the one, and only have a five dollar bill would it change to wheresabe.com? If so, who would be responsible for finding all of those dollar bills and crossing out wheresgeorge.com and writing in wheresabe.com?

    I think you all can see the chaos that would ensue if we get rid of the dollar bill.

    I think we can all agree that its best left just the way it is.....
     
  21. chrisild

    chrisild Coin Collector

    Could be renamed. :rolleyes: Over here we don't have such low value notes (the smallest paper money denomination, 5 euro, is about 6.70 US dollars) but the Eurobilltracker site www.eurobilltracker.com works fine without rag euros. Hmm, "wheresthatbill.com" may be a neat name ...

    Christian
     
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