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Presidential Dollars are overproduced yet no one has any
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<p>[QUOTE="gboulton, post: 1015195, member: 27043"]To touch on the "themes" of this thread...</p><p><br /></p><p>Frst, if you think limited popularity or scarcity in circulation equates to value or 'true scarcity", see the Kennedy Half dollar. That should pretty much put an end to THAT thinking.</p><p><br /></p><p>Next, I believe 19Lyds is correct...the $1 coin...ANY $1 coin...will become accepted when there is no other choice. It's really not so much an issue of one being "better" than the other for daily use, so much as it's an issue of 'we've always done it that way". Take the $1 bill out of circulation, and you'll hear grumbling from everyone for whom it's a habit...until the habit is broken. Inside of 10 years, nobody will think anything about pulling a few $1 coins out of their pocket to pay for a transaction.</p><p><br /></p><p>I really don't, to be honest, understand why more politicians AREN'T seizing on this issue. Here's an opportunity for ANY politician to say "Look...we've got a way to save BILLIONS of dollars, without cutting ANYONE'S funding, without costing ANYONE their job, without taking away ANYONE's entitlement. I'm for it, and will push for its passage!" HOW can that be politically unwise??</p><p><br /></p><p>I too am doing my part. My wife and I do nearly all of our business in cash, and regularly ask for, carry, and use $1 coins.</p><p><br /></p><p>Finally for me, the $1 "prezies" are among my favorite coins minted in the last 100 years, to be honest. I LOVE the "classic look" of the edge lettering, the usage of coin for teachable moments, even the color. I think they're "neat", attractive, "old timey", and a host of other things that simply make them enjoyable. I'm collecting a set for just that reason..simply because I like them. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="gboulton, post: 1015195, member: 27043"]To touch on the "themes" of this thread... Frst, if you think limited popularity or scarcity in circulation equates to value or 'true scarcity", see the Kennedy Half dollar. That should pretty much put an end to THAT thinking. Next, I believe 19Lyds is correct...the $1 coin...ANY $1 coin...will become accepted when there is no other choice. It's really not so much an issue of one being "better" than the other for daily use, so much as it's an issue of 'we've always done it that way". Take the $1 bill out of circulation, and you'll hear grumbling from everyone for whom it's a habit...until the habit is broken. Inside of 10 years, nobody will think anything about pulling a few $1 coins out of their pocket to pay for a transaction. I really don't, to be honest, understand why more politicians AREN'T seizing on this issue. Here's an opportunity for ANY politician to say "Look...we've got a way to save BILLIONS of dollars, without cutting ANYONE'S funding, without costing ANYONE their job, without taking away ANYONE's entitlement. I'm for it, and will push for its passage!" HOW can that be politically unwise?? I too am doing my part. My wife and I do nearly all of our business in cash, and regularly ask for, carry, and use $1 coins. Finally for me, the $1 "prezies" are among my favorite coins minted in the last 100 years, to be honest. I LOVE the "classic look" of the edge lettering, the usage of coin for teachable moments, even the color. I think they're "neat", attractive, "old timey", and a host of other things that simply make them enjoyable. I'm collecting a set for just that reason..simply because I like them. :)[/QUOTE]
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Presidential Dollars are overproduced yet no one has any
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