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now this idea is one that could get liberty back in the money game
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<p>[QUOTE="Conder101, post: 308277, member: 66"]A bunch of one year only types? What make him think those will circulate? Sure each of the state quarters is a one year only type and they circulate, but they are part of a continuing series of one year only types. Do you think they would have circulated if they had come out one every five years instead of five each year? How long did the bicentennial quarter stay in common everyday circulation? It didn't. Most of them were sucked up by the hoarders within the first couple years, and that is where they still are today.</p><p><br /></p><p>If you have to do something like that don't make it a one year only piece. Just make both designs at the same time and over a three year period phase out the president coin. The three year period lets people get used to having both types in circulation and convinces them there is nothing special about the liberty coin so is will circulate. After three years they are used to seeing both type is circulation and they probably won't notice in the fourth year that there is no new dated president coin because there are plenty of the older dated one in change. As time passes there will be more and more liberty coins and fewer president coins. A nice smooth transition that goes relatively unnoticed. And since all of the president coins have exceeded the 25 year minimum mintage requirement no politician will have to go on record calling for the removal of one of the presidents since the law does not require congressional approval. No law says that they have to be there. With the possible exception of Jefferson on the five cent piece.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 308277, member: 66"]A bunch of one year only types? What make him think those will circulate? Sure each of the state quarters is a one year only type and they circulate, but they are part of a continuing series of one year only types. Do you think they would have circulated if they had come out one every five years instead of five each year? How long did the bicentennial quarter stay in common everyday circulation? It didn't. Most of them were sucked up by the hoarders within the first couple years, and that is where they still are today. If you have to do something like that don't make it a one year only piece. Just make both designs at the same time and over a three year period phase out the president coin. The three year period lets people get used to having both types in circulation and convinces them there is nothing special about the liberty coin so is will circulate. After three years they are used to seeing both type is circulation and they probably won't notice in the fourth year that there is no new dated president coin because there are plenty of the older dated one in change. As time passes there will be more and more liberty coins and fewer president coins. A nice smooth transition that goes relatively unnoticed. And since all of the president coins have exceeded the 25 year minimum mintage requirement no politician will have to go on record calling for the removal of one of the presidents since the law does not require congressional approval. No law says that they have to be there. With the possible exception of Jefferson on the five cent piece.[/QUOTE]
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