Would you give up the Dollar Bill for a Dollar Coin? - BMW Luxury Touring Community
 
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post #1 of 21 Old Aug 15th, 2007, 9:05 am Thread Starter
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Would you give up the Dollar Bill for a Dollar Coin?

I just read this article, and started thinking about it. Maybe it's time the dollar bill was retired.

http://news.yahoo.com/s/ap/20070815/...erson_dollar_2

As someone who takes all my coins for the day and dumps them in a big empty water bottle, I might make my playtime nestegg grow faster by dumping dollar coins in there.


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post #2 of 21 Old Aug 15th, 2007, 9:35 am
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post #3 of 21 Old Aug 15th, 2007, 9:52 am
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post #4 of 21 Old Aug 15th, 2007, 11:08 am
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Ever try slippin' a dollar coin into a dancer's G-string?


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post #5 of 21 Old Aug 15th, 2007, 11:26 am
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Nope, won't stay in the g-string, you have to use the slot.

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post #6 of 21 Old Aug 15th, 2007, 11:32 am
 
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I loathe dollar coins. But then again, do they have to be so big? Same goes with the 50-cent piece. Make the quarter, 50-cent piece, and dollar coin all the same size, but with different inserts or something. But the larger sizes gotta go!
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post #7 of 21 Old Aug 15th, 2007, 11:37 am
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Nope, won't stay in the g-string, you have to use the slot.
You owe me a keyboard.

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post #8 of 21 Old Aug 15th, 2007, 11:48 am Thread Starter
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I was in a club in Wichita, KS many many years ago and remembered a dancer who could pick up a stack of quarters.


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post #9 of 21 Old Aug 15th, 2007, 12:06 pm
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Quote:
Originally Posted by eljeffe
I just read this article, and started thinking about it. Maybe it's time the dollar bill was retired.

http://news.yahoo.com/s/ap/20070815/...erson_dollar_2

As someone who takes all my coins for the day and dumps them in a big empty water bottle, I might make my playtime nestegg grow faster by dumping dollar coins in there.
""The Jefferson dollar follows the Washington coin, which was introduced in February, and the John Adams coin, introduced in May. The coin honoring James Madison will go into circulation in November, and four more of the nation's presidents will be honored every year in the order they served in the White House.""


They are going to release 4 coins per yer. One for each president. That means we could have living Presidents with their images on our money?? That's kinda weird...

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post #10 of 21 Old Aug 15th, 2007, 12:14 pm Thread Starter
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Kinda like the 50 state quarters of a few years ago. Let me bet that living (or sitting) Presidents won't be on the coins. Then again, maybe so. With 43 Presidents and 44 coming up next year, it will be 10 more years before we even get to that point.


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post #11 of 21 Old Aug 15th, 2007, 12:14 pm
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Quote:
Originally Posted by eljeffe
I just read this article, and started thinking about it. Maybe it's time the dollar bill was retired.

http://news.yahoo.com/s/ap/20070815/...erson_dollar_2

As someone who takes all my coins for the day and dumps them in a big empty water bottle, I might make my playtime nestegg grow faster by dumping dollar coins in there.
Hell no, I remember that sacajawia dollar coin. They tried to give them to me as change someplace, but understood very quickly I wanted real money for my change.
Rock

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post #12 of 21 Old Aug 15th, 2007, 12:24 pm
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Quote:
Originally Posted by eljeffe
Kinda like the 50 state quarters of a few years ago. Let me bet that living (or sitting) Presidents won't be on the coins. Then again, maybe so. With 43 Presidents and 44 coming up next year, it will be 10 more years before we even get to that point.
W and Willy will probably be around in ten years. We'll see

I haven't seen any of the Washington or Adams coins. Anybody have one yet??

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post #13 of 21 Old Aug 15th, 2007, 12:25 pm
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Originally Posted by UncleRock
Hell no, I remember that sacajawia dollar coin. They tried to give them to me as change someplace, but understood very quickly I wanted real money for my change.
Rock
Why didn't you consider it real money?

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post #14 of 21 Old Aug 15th, 2007, 12:32 pm
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How many times are they going to try this. America hated the Susan B Anthony. It ended up over seas with the military installations. Then they launched that last one that looked like a gold piece with the Native American Girl on it. Where did that end up after hundreds of millions are spent to strike a new coin? These turds keep spending our money trying to reinvent the wheel. Every vending machine has a bill changer.Mostly every thing you can get out of a machine is at least one dollar now.Give up on the one dollar coin once and for all.

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post #15 of 21 Old Aug 15th, 2007, 12:47 pm
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I was living in England when they did away with their pound note. It sucked. I know it's the same but it just doesn't feel right when you hand the barkeep a 5'er for a beer and just get loose change back.

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post #16 of 21 Old Aug 15th, 2007, 2:15 pm
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As is typical in these situations, I don't think we have a choice. They may play it up as fun and promote the collectable aspect, but in the end it's what's best for them, not us. Paper dollars tend to stay in circulation an average of around 18 months, whereas coins tend to last around 30 years. One source clams that they could save half a billion dollars a year by switching all dollars to coin form.

When we lived in the UK, I found the Pound coins to be a big hassle. They were thick, heavy, and a pain to carry around. The 2-Pound coins were nicer looking and lighter, made from two different color metals, but still I don't like carrying change at all. It just always seems to fall out somewhere, or pile up as the day goes along, or you never have the right amount so you get another 93 cents back.

These days I use my credit/debit card for most everything, so the occasional cash transaction is unusual enough to be a bit of a pain.

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post #17 of 21 Old Aug 15th, 2007, 2:33 pm
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Quote:
Originally Posted by tedhudson
""The Jefferson dollar follows the Washington coin, which was introduced in February, and the John Adams coin, introduced in May. The coin honoring James Madison will go into circulation in November, and four more of the nation's presidents will be honored every year in the order they served in the White House.""


They are going to release 4 coins per yer. One for each president. That means we could have living Presidents with their images on our money?? That's kinda weird...
Federal law requires that a president be deceased for at least 2 years before appearing on currency. I don't think brain dead qualifies.

Res ipsa loquitur, sed quid in infernos dicet?

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post #18 of 21 Old Aug 15th, 2007, 2:43 pm
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Quote:
Originally Posted by zaphod
I was living in England when they did away with their pound note. It sucked. I know it's the same but it just doesn't feel right when you hand the barkeep a 5'er for a beer and just get loose change back.
Try giving a 5'er for 2 beers (bout $10) and you have to hand over more change

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post #19 of 21 Old Aug 15th, 2007, 9:12 pm
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Originally Posted by tedhudson
Why didn't you consider it real money?
Cause 1 dollar bills fold, and it ain't fold up into the money clip..
Rock

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post #20 of 21 Old Aug 17th, 2007, 6:05 am
 
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Quote:
Originally Posted by zaphod
I was living in England when they did away with their pound note. It sucked. I know it's the same but it just doesn't feel right when you hand the barkeep a 5'er for a beer and just get loose change back.
After all this time I don't think anyone misses the old £1 notes. We have £2 coins as well now, and across Europe there are 1 and 2 Euro coins. It's just normal now.

To be honest with you I hate $1 bills. 90% of them are filthy, and none of them buy much any more. By the time you've got a few your wallet is bulging so much it doesn't fit in your pocket. Heck they're even worth less than 50p now anyway!
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post #21 of 21 Old Aug 17th, 2007, 11:48 am
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Went to the Post Office the other day and purchased some stamps from the machine. The change was returned as dollar coins both silver and gold. At first I thought what the hell. but later I begun to like the coin over the bill.

Well that was until I went to spend them. The response from the cashier was you owe me more money. Had to take additional time to explain that they were dollars not quarters.

Even with this I would take to coin over the bill. They do need to take the penny out of circulation.

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