US dollar

Discussion in 'Coin Chat' started by acodym, Sep 18, 2009.

  1. acodym

    acodym Junior Member

    Hello I am from Canada and I have a question about The United States dollar. I know you have bills in the States (because i have some) and I have a 2000 Sacagawea dollar coin but do you use coins and dollar bills in circulation?

    Thanks :)
     
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  3. 900fine

    900fine doggone it people like me

    Yes.

    Bills are the overwhelming majority. Dollar coins are usually change from vending machines; tellers and cashiers rarely give, or recieve, dollar coins.
     
  4. acodym

    acodym Junior Member

    oh ok! But does the United States Mint still makes Dollar coins? I wish Canada had Dollar bills. Do u have 2 dollar coins??
     
  5. magicman58

    magicman58 Junior Member

    u.s. not have 2 doller coins but i think they have 2 doller bill
    thank 900 fine about information .i neverknow it before
     
  6. 900fine

    900fine doggone it people like me

    Yes. Check the U.S. Mint website. Dollar coins have never been particularly popular in the US... going all the way back to 1794, when a silver dollar was the first silver coin struck by the Mint.

    No. Never have.
     
  7. CamaroDMD

    CamaroDMD [Insert Clever Title]

    The US does still make dollar coins...we actually have two seperate series of dollar coins being minted right now. We have the Sacajawea Dollar which has been minted since 2000. From 2000-2008 it featured an Eagle in Flight on the reverse. But, the Native American $1 Coin Act was passed in 2007 changed the reverse of the coin. Beginning in 2009, new reverses will be minted and replace the eagle (the law right now states that a new design per year through 2012 will be created). Each design will illustrate parts of Native American life. The 2009 design is based on agriculture.

    At the same time, we also have the Presidential Dollar series. This began in 2007. This series places the face of each deceased American president on the obverse of the coin beginning with George Washington. Four coins are released each year and the presidents appear in the order they were elected. Currently, they are minting coins featuring James K. Polk...the 11th President. The reverse depicts the Statue of Liberty.

    With the current law, 20% of the dollar coins minted must be Sacajawea Dollars while the other 80% are Presidential Dollars.

    With all that said, the dollar coins are unpopular and don't circulate much. The US has tried to make them more popular in the hopes of getting rid of the dollar bill...but it has failed. The problem with the bill is the cost. Let's say it costs 2 cents to make a bill that lasts 6 months and it costs 10 cents to make a coin that lasts 30 years...the coin is clearly the more cost affective option. But, for now we continue to cling to the bill. So, the coins don't see much action.

    We have never had a $2 coin. The closest thing was the gold quarter eagle which had a face value of $2.50 but it was last minted in the 1930s. We do have $2 bills but they don't circulate much either.
     
  8. acodym

    acodym Junior Member

    ok thank you very much for your post camaro!
     
  9. CamaroDMD

    CamaroDMD [Insert Clever Title]

    No problem. If you have never seen a US $2 bill...they are very nice looking. IMHO, the back of the US $2 note is the nicest modern looking piece of currency the US has (including both coins and paper). Here is a picture:

    [​IMG]
     
  10. acodym

    acodym Junior Member

    Wow that is really cool!! This is the first two dollar American Bill I have ever seen!(ever on the computer)! I have 3 one dollar bills but the 2 dollar bills look so much cooler! I am ganna try to get one somehow! :)

    Thanks Camaro :)
     
  11. acodym

    acodym Junior Member

    I am going to try to get my hands on some president dollars aswell!
     
  12. illini420

    illini420 1909 Collector

    You should make a post in the Open Forum here, might find a U.S. partner willing to trade you $2 bills and $1 prez bucks for some Canadian coins that we don't see down here :thumb:

    Good luck!
     
  13. bobbeth87

    bobbeth87 Coin Collector

    Actually, to be totally accurate, the Sacagawea ended in 2008 and we now have the Native American $1 coin (different reverse every year starting this year, same obverse as the Sac).
     
  14. green18

    green18 Unknown member Sweet on Commemorative Coins

    As long as they keep that young lady on the obverse, the coin will always be a Sacagawea to me....:)
     
  15. biggiej

    biggiej Member

    That is not exactly true, it has just been annonced that in 2010 we are going to have the 5 year run of the looney tunes $2 coin. scheduled for release next year are the fog horn leg horn in the spring, the tweety sylvestor around summer, yosemite sam is due out in oct. and the year will end off with a chicken hawk commerative about thanksgiving time!!!!!:hug::hatch:
    P.S I have already heard of a Road Ruuner doubled die in 2011!!!!!!!!!!!!!!!!!
     
  16. Coinman1981

    Coinman1981 Junior Member

    The only problem is that the U.S. government IS producing both a dollar coin and the dollar bill at the same time. You see, it would actually cost less to produce dollar coins only, as a coin lasts roughly 30 years in circulation while paper currency has a life span of only 18 months.

    The U.S. has tried twice since 1979 to circulate a small-size dollar coin but to no avail; the general public still prefers to use dollar bills. If the U.S. stops producing the dollar bill someday, that would actually force the public into using the $1 coin. Some would protest, but that is one sure way for the government to save money.

    I think a $2 coin in the U.S. could be a success, especially as vending machine items are now increasing in price beyond a dollar and could definitiely warrant the widespread use of a $2 coin.
     
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