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<p>[QUOTE="19Lyds, post: 928505, member: 15929"]Neither scenario your describe addresses circulation and merchants have not incorporated this coin into their daily business transactions. </p><p> </p><p>My, or your spending them, does not constitute circulation since if merchants do not give them out, they go right back to the bank!</p><p> </p><p>A DOLLAR COIN has never been used as a regular form of circulating coinage aside from random coins spent or as tokens used in Casinos. And they never will until the paper dollar goes away.</p><p> </p><p>Mom and Pop stores is one thing but large corporate merchants must order their coinage and cash through private contractors and why on earth would they order dollar coins when paper coins cost less to deliver?</p><p> </p><p>Spending these coins in an attempt to get people aware of them and hoping that customers will ask for them is simply an exercise in futility because until merchants actually start "using" them, they will simply languish in Federal Reserve Vaults until someone in government says enough is enough and either introduce legislation to stop the waste in producing them or stop the production of paper dollars.</p><p> </p><p>Kennedy haf's are a bit of a different story in that these are commonly used at Native American Gambling Casinos to pay off one dollar blackjack bets. They are cheaper than ordering your own customized half dollar tokens.[/QUOTE]</p><p><br /></p>
[QUOTE="19Lyds, post: 928505, member: 15929"]Neither scenario your describe addresses circulation and merchants have not incorporated this coin into their daily business transactions. My, or your spending them, does not constitute circulation since if merchants do not give them out, they go right back to the bank! A DOLLAR COIN has never been used as a regular form of circulating coinage aside from random coins spent or as tokens used in Casinos. And they never will until the paper dollar goes away. Mom and Pop stores is one thing but large corporate merchants must order their coinage and cash through private contractors and why on earth would they order dollar coins when paper coins cost less to deliver? Spending these coins in an attempt to get people aware of them and hoping that customers will ask for them is simply an exercise in futility because until merchants actually start "using" them, they will simply languish in Federal Reserve Vaults until someone in government says enough is enough and either introduce legislation to stop the waste in producing them or stop the production of paper dollars. Kennedy haf's are a bit of a different story in that these are commonly used at Native American Gambling Casinos to pay off one dollar blackjack bets. They are cheaper than ordering your own customized half dollar tokens.[/QUOTE]
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