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Ole Fred Shecter is at it again ($1 Bill Vs Dollar Coin) How many times will he...
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<p>[QUOTE="Drago the Wolf, post: 1473878, member: 22476"]...predict the elimination of the $1 bill.</p><p><br /></p><p>Here is one of the main laetest things he posted on the Where's George? Main Forum in the Dollar Coins and Halves..." thread:</p><p><br /></p><p>"Legislation is still there in the House and Senate. When the budget nightmare occurs later this year ("Sequestration"), the dollar bill will be terminated."</p><p><br /></p><p>Now, is he onto something, or is this just getting old? :dead-horse: He has been telling me since 2008 or earlier, that the $1 bill would begin to be phased out in 2010. Instead, it seems like the dollar COIN is being phased out, with the decission made by Congress not to mint anymore of the Presidential (and Native American?) dollar coins for general circulation, and just for collectors for a premium, which I do not think will attract too many people to buy coins over face value, that are only worth a dollar, and will probably only be worth a dollar for hundreds of years to come.</p><p><br /></p><p>And Fred also said while its okay to use halves on unmanned road toll booths, do not to give "human" cashiers halves. :veryangry: He clains that the "anti-dollar coin people" are the only reason halves are still being minted.</p><p><br /></p><p>While I applaud Fred's efforts to get the dollar coin, and the $2 bill circulating, I STILL say that the half should not yet be kicked out of circulation. NOT with the penny still around. Why not eliminate the penny, and reduce the size of the half to the size of the penny, but thicker, polygon shaped, made out of solid copper, and thicker and heavier than a penny, so that all vending machines that take pennies (if any vending machines out there actually take pennies) and possibly, self checkouts, if stores no longer want to deal with pennies, can be programmed to reject pennies and accept the new halves. Times are getting tougher, things are getting more expensive, so it is time to being back BOTH larger denomination coins AND bills. NOT eliminate them.</p><p><br /></p><p>Also, Fred said, to me before, a few times "Redesigning the $2 bill will kill the $2's circulation" So, what is he going to do in 2014, when the Treasury runs out of the current style $2 bill, and starts printing the new (Series 2014?) "Meaningful Access" redesigned $2 bill comes out? Will he encourage vendors to reprogram their machines to accept the new design $2 bills? Or will he try to push for U.S. $2 coins, similar to Canada's bimetallic $2 coin? Or will he simply just "give up" on the $2 denomination, like he seems to have given up on the unjustly treated 50 cent coin just because halves do not work in vending machines? There is a remedy for that, Fred. The same remedy that the DOLLAR coin got (even though that remedy is currently STILL not working) a size reduction.</p><p><br /></p><p>Oh well, I am just one person, and Fred is just one person, and as many people have said here, I doubt either of us as one person, or even, as a team, would make a difference. (But it sure is fun to try :devil: )[/QUOTE]</p><p><br /></p>
[QUOTE="Drago the Wolf, post: 1473878, member: 22476"]...predict the elimination of the $1 bill. Here is one of the main laetest things he posted on the Where's George? Main Forum in the Dollar Coins and Halves..." thread: "Legislation is still there in the House and Senate. When the budget nightmare occurs later this year ("Sequestration"), the dollar bill will be terminated." Now, is he onto something, or is this just getting old? :dead-horse: He has been telling me since 2008 or earlier, that the $1 bill would begin to be phased out in 2010. Instead, it seems like the dollar COIN is being phased out, with the decission made by Congress not to mint anymore of the Presidential (and Native American?) dollar coins for general circulation, and just for collectors for a premium, which I do not think will attract too many people to buy coins over face value, that are only worth a dollar, and will probably only be worth a dollar for hundreds of years to come. And Fred also said while its okay to use halves on unmanned road toll booths, do not to give "human" cashiers halves. :veryangry: He clains that the "anti-dollar coin people" are the only reason halves are still being minted. While I applaud Fred's efforts to get the dollar coin, and the $2 bill circulating, I STILL say that the half should not yet be kicked out of circulation. NOT with the penny still around. Why not eliminate the penny, and reduce the size of the half to the size of the penny, but thicker, polygon shaped, made out of solid copper, and thicker and heavier than a penny, so that all vending machines that take pennies (if any vending machines out there actually take pennies) and possibly, self checkouts, if stores no longer want to deal with pennies, can be programmed to reject pennies and accept the new halves. Times are getting tougher, things are getting more expensive, so it is time to being back BOTH larger denomination coins AND bills. NOT eliminate them. Also, Fred said, to me before, a few times "Redesigning the $2 bill will kill the $2's circulation" So, what is he going to do in 2014, when the Treasury runs out of the current style $2 bill, and starts printing the new (Series 2014?) "Meaningful Access" redesigned $2 bill comes out? Will he encourage vendors to reprogram their machines to accept the new design $2 bills? Or will he try to push for U.S. $2 coins, similar to Canada's bimetallic $2 coin? Or will he simply just "give up" on the $2 denomination, like he seems to have given up on the unjustly treated 50 cent coin just because halves do not work in vending machines? There is a remedy for that, Fred. The same remedy that the DOLLAR coin got (even though that remedy is currently STILL not working) a size reduction. Oh well, I am just one person, and Fred is just one person, and as many people have said here, I doubt either of us as one person, or even, as a team, would make a difference. (But it sure is fun to try :devil: )[/QUOTE]
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Ole Fred Shecter is at it again ($1 Bill Vs Dollar Coin) How many times will he...
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