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<p>[QUOTE="clembo, post: 839440, member: 8033"]I'll try to make this simple and short (fat chance of that happening).</p><p><br /></p><p>This "subject" has been discussed many times in various ways. As a guy that collects paper money as well as coins I'd hate to see the folding variety dollar disappear.</p><p><br /></p><p>However, UNTIL, we get rid of the paper the coins will go nowhere fast.</p><p><br /></p><p>Don't believe me? Then why does the mint have a direct ship program for the new Native American dollars? You pay face value and they ship them for free! Oh, by the way, you can order 2001 Sacagaweas that way as well as a few Presidential dollars.</p><p>Seriously, what does this tell you about the success of the dollar coin program in this country?</p><p><br /></p><p>Want more? Ask any coin dealer that buys from the general public. We see it all the time. People see these and hoard them NOT spend them.</p><p>I can not tell you how many times people have brought coins in to sell and it's Susan Bs, Sacagaweas, Presidentials and Ikes. Had a guy come into today with 23 Sacagaweas and Susan B's. I told him to spend them.</p><p><br /></p><p>Look at it this way folks. We're on a big coin forum because, well, we are coin collectors. The average American is not. Therefore a dollar coin is an odd and rare experience.</p><p><br /></p><p>How long has the U.S. been trying to get these coins into regular circulation now? Ikes started in 1971 didn't they?</p><p>Before anyone comments how they DO circulate where you live let me tell you that overall dollar coins have been nothing but failure after failure. </p><p>Getting rid of the paper is the ONLY way to really get them to circulate.</p><p><br /></p><p>Personally I say scrap the coins and keep the paper but after all I collect paper.[/QUOTE]</p><p><br /></p>
[QUOTE="clembo, post: 839440, member: 8033"]I'll try to make this simple and short (fat chance of that happening). This "subject" has been discussed many times in various ways. As a guy that collects paper money as well as coins I'd hate to see the folding variety dollar disappear. However, UNTIL, we get rid of the paper the coins will go nowhere fast. Don't believe me? Then why does the mint have a direct ship program for the new Native American dollars? You pay face value and they ship them for free! Oh, by the way, you can order 2001 Sacagaweas that way as well as a few Presidential dollars. Seriously, what does this tell you about the success of the dollar coin program in this country? Want more? Ask any coin dealer that buys from the general public. We see it all the time. People see these and hoard them NOT spend them. I can not tell you how many times people have brought coins in to sell and it's Susan Bs, Sacagaweas, Presidentials and Ikes. Had a guy come into today with 23 Sacagaweas and Susan B's. I told him to spend them. Look at it this way folks. We're on a big coin forum because, well, we are coin collectors. The average American is not. Therefore a dollar coin is an odd and rare experience. How long has the U.S. been trying to get these coins into regular circulation now? Ikes started in 1971 didn't they? Before anyone comments how they DO circulate where you live let me tell you that overall dollar coins have been nothing but failure after failure. Getting rid of the paper is the ONLY way to really get them to circulate. Personally I say scrap the coins and keep the paper but after all I collect paper.[/QUOTE]
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