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<p>[QUOTE="Indianhead65, post: 194776, member: 103422"]I think it was in the March issue of Coins magazine they interviewed the Mint Director (I forget his name), anyway, he said there were still about $100 million dollars in Sacs still in storage with nowhere to go. This tells us that both the mint and the banks are having a hard time getting rid of them. Why? It seems that they are rarely used for anything by most of the general population because its ones personal preference if they want to carry paper money in their wallet or coins in their pocket. This is why alot of the small town banks arent going to order any of the new dollars. Some collectors may come in asking for them but then what, the rest sit and wait to be used up and by the time the second new dollar is issued theres still a few thousand of the first dollar still sitting there. Theres a simple way to solve this problem but not without conflict, its to completely do away with the $1 dollar bill. There you go, theres my view. Does anyone agree with that?[/QUOTE]</p><p><br /></p>
[QUOTE="Indianhead65, post: 194776, member: 103422"]I think it was in the March issue of Coins magazine they interviewed the Mint Director (I forget his name), anyway, he said there were still about $100 million dollars in Sacs still in storage with nowhere to go. This tells us that both the mint and the banks are having a hard time getting rid of them. Why? It seems that they are rarely used for anything by most of the general population because its ones personal preference if they want to carry paper money in their wallet or coins in their pocket. This is why alot of the small town banks arent going to order any of the new dollars. Some collectors may come in asking for them but then what, the rest sit and wait to be used up and by the time the second new dollar is issued theres still a few thousand of the first dollar still sitting there. Theres a simple way to solve this problem but not without conflict, its to completely do away with the $1 dollar bill. There you go, theres my view. Does anyone agree with that?[/QUOTE]
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