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<p>[QUOTE="Michael K, post: 2685324, member: 78298"]The manhole covers is why I believe the half dollar and dollar coins failed.</p><p>During a time when 50 cents was actually an amount of money that could, buy a meal, take a cab, go to the movies, etc, they were used and carried around.</p><p>When their value became less and less, and vending machines, parking meters, phone booths did not accept them, what was the point? No one needed them and used them. Likewise with the giant Ike dollars, there was no reason to carry them around when you could much more easily carry a dollar bill.</p><p>So they made the coin smaller. Susan B Anthony flopped. And this was after reconfiguring vending machines, and toll booths to accept them. When you put a $5 bill into a bill changer by the vending machines, instead of getting 20 quarters (which is what you wanted) you were stuck with 4 SBA's and 4 quarters. I guess to spur you to stick those dollar coins back into the vending machines. Sacagawea dollar, colossal failure. What is the point of a dollar coin if no one used the SBA's?</p><p>Then the president dollar coins. All 3 of these have the same size and weight. And at first, because of the interest in the state quarter/ territories and parks program there was some interest at first in the president series, but mostly as a collectible. No one is going to use a dollar coin (if they are not forced to) when a dollar bill is so much easier. And again, another massive failure. The mint is wasting time and money minting pennies, halves and dollar coins. They have lost the seigniorage from minting them because no one wants them and they have to pay to keep them stacked up in warehouses. Coins should not be produced just for collectors. They should be a circulating currency.</p><p>Here are some dollar coins and halves I have found detecting in less than a year.</p><p>Who even has these to carry around and spend? There's 3 more missing from the photo. Sorry for the long post, I know, no one reads long posts. Pennies will not disappear quickly once they stop minting them. That is a fallacy. Every house in America has a jar of 300 pennies. 100 million households and that's 30 billion pennies that are just going to disappear. OK, whatever.[ATTACH=full]601156[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="Michael K, post: 2685324, member: 78298"]The manhole covers is why I believe the half dollar and dollar coins failed. During a time when 50 cents was actually an amount of money that could, buy a meal, take a cab, go to the movies, etc, they were used and carried around. When their value became less and less, and vending machines, parking meters, phone booths did not accept them, what was the point? No one needed them and used them. Likewise with the giant Ike dollars, there was no reason to carry them around when you could much more easily carry a dollar bill. So they made the coin smaller. Susan B Anthony flopped. And this was after reconfiguring vending machines, and toll booths to accept them. When you put a $5 bill into a bill changer by the vending machines, instead of getting 20 quarters (which is what you wanted) you were stuck with 4 SBA's and 4 quarters. I guess to spur you to stick those dollar coins back into the vending machines. Sacagawea dollar, colossal failure. What is the point of a dollar coin if no one used the SBA's? Then the president dollar coins. All 3 of these have the same size and weight. And at first, because of the interest in the state quarter/ territories and parks program there was some interest at first in the president series, but mostly as a collectible. No one is going to use a dollar coin (if they are not forced to) when a dollar bill is so much easier. And again, another massive failure. The mint is wasting time and money minting pennies, halves and dollar coins. They have lost the seigniorage from minting them because no one wants them and they have to pay to keep them stacked up in warehouses. Coins should not be produced just for collectors. They should be a circulating currency. Here are some dollar coins and halves I have found detecting in less than a year. Who even has these to carry around and spend? There's 3 more missing from the photo. Sorry for the long post, I know, no one reads long posts. Pennies will not disappear quickly once they stop minting them. That is a fallacy. Every house in America has a jar of 300 pennies. 100 million households and that's 30 billion pennies that are just going to disappear. OK, whatever.[ATTACH=full]601156[/ATTACH][/QUOTE]
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