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<p>[QUOTE="Ed Zak, post: 19100, member: 824"]I like the SAC's size and color...however, any success with a dollar coin is pretty much going to be a failure as long as the government spends over $500 million per year printing dollar bills. Of course the life of the average dollar bill lasts around 16 months whereas your average dollar coin would last at least 50 years. But then again, that makes too much sense so we might as well spend our tax dollars on the paper $1 dollar.</p><p><br /></p><p>We discussed this previously and unfortunately, it looks like the mint is going to come out with 4 differant Presidential coins per year. That means everybody from Millard Fillmore to Bill Clinton will soon grace our dollar coins...which will fail like the IKE, SBA, and SAC dollar coins.</p><p><br /></p><p>You can't have both the $1 paper dollar and the dollar coin. Even though dollar coins would be great for vending machines (which constantly spit wrinkled dollar bills back at yours truly) and save tax payers at over $500 million per year...your average American wouldn't get it. Hell, the goverment spent $20 million just educating the public about changes to the $20 bill! A dollar coin with no paper will be a revolt in the streets!</p><p><br /></p><p>I am not suggesting we change all bills. Just the $1 bill and replace it with this past suggested design...</p><p><br /></p><p><a href="http://home.earthlink.net/~smalldollars/dollar/2000ml.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://home.earthlink.net/~smalldollars/dollar/2000ml.html" rel="nofollow">http://home.earthlink.net/~smalldollars/dollar/2000ml.html</a>[/QUOTE]</p><p><br /></p>
[QUOTE="Ed Zak, post: 19100, member: 824"]I like the SAC's size and color...however, any success with a dollar coin is pretty much going to be a failure as long as the government spends over $500 million per year printing dollar bills. Of course the life of the average dollar bill lasts around 16 months whereas your average dollar coin would last at least 50 years. But then again, that makes too much sense so we might as well spend our tax dollars on the paper $1 dollar. We discussed this previously and unfortunately, it looks like the mint is going to come out with 4 differant Presidential coins per year. That means everybody from Millard Fillmore to Bill Clinton will soon grace our dollar coins...which will fail like the IKE, SBA, and SAC dollar coins. You can't have both the $1 paper dollar and the dollar coin. Even though dollar coins would be great for vending machines (which constantly spit wrinkled dollar bills back at yours truly) and save tax payers at over $500 million per year...your average American wouldn't get it. Hell, the goverment spent $20 million just educating the public about changes to the $20 bill! A dollar coin with no paper will be a revolt in the streets! I am not suggesting we change all bills. Just the $1 bill and replace it with this past suggested design... [url]http://home.earthlink.net/~smalldollars/dollar/2000ml.html[/url][/QUOTE]
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The dollar coin and it's future for collectors
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