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Senators Continue Push To Replace Dollar Bill With $1 Coin
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<p>[QUOTE="TXRanchMedic, post: 1722203, member: 50770"]For this to work, several things must happen:</p><p>One, do not have more than one design each year so that collectors prevent the circulation. These will need to circulate and multiple designs are distracting. A standard design will help with electronic/machine operations. Some of the state quarters have had trouble with some high end vending machines' computer optic scanners. </p><p> Two, circulate them. The presidential coins has had obstacles getting out of vault storage, namely the Sac Dollars. You loose the public appeal for the newer coins because the Sacs are seen as a revamp of the SBA novelty dollar. The presidentials are hard to find in some locations, and the newer coins are usually found in the collectors' market.</p><p>Three, make sure every thing that takes dollar bills will accept the dollar coin. If you can't use them, why carry them. </p><p>Four, tell the banks and money delivery services to use the dollar coin when sending money to the customers. You need to get the coins into the hands of the people, and you need to make sure the people can easily use it.[/QUOTE]</p><p><br /></p>
[QUOTE="TXRanchMedic, post: 1722203, member: 50770"]For this to work, several things must happen: One, do not have more than one design each year so that collectors prevent the circulation. These will need to circulate and multiple designs are distracting. A standard design will help with electronic/machine operations. Some of the state quarters have had trouble with some high end vending machines' computer optic scanners. Two, circulate them. The presidential coins has had obstacles getting out of vault storage, namely the Sac Dollars. You loose the public appeal for the newer coins because the Sacs are seen as a revamp of the SBA novelty dollar. The presidentials are hard to find in some locations, and the newer coins are usually found in the collectors' market. Three, make sure every thing that takes dollar bills will accept the dollar coin. If you can't use them, why carry them. Four, tell the banks and money delivery services to use the dollar coin when sending money to the customers. You need to get the coins into the hands of the people, and you need to make sure the people can easily use it.[/QUOTE]
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