New American Dollars!

[stloutom]

http://news.yahoo.com/s/ap/20061120/ap_on_go_ca_st_pe/presidential_coins

Hurray for us!

 

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[Farmercal]

Unless they make them as large as a half dollar, they won't fly. People will still get them mixed up with quarters and get mad when they pay for something with a dollar thinking it was a quarter. Just like before.

 

[Recruiter]

The coins will be the same size as the Sacagawea dollar — a little larger than a quarter — and the same golden color as the Sacagawea.

Still will be fun to collect.

 

[ramjet2187]

Farmer, I'm not trying to start a fight, but I don't think as many folks 'mix up' the coins (confusing a dollar for a quarter) as you think............a one and a twenty (dollar bill) are the same size...........

I'm not real excited at the Presidential theme but it's another moneymaker for the government, so they're going to do it anyway.

Roger

 

[stloutom]

I'm simply excited because my DFX should have an easier time picking them up at the park. They're also easier to lose than paper money. Designs, presidents heads, and hard-to-tell-them-apartness be damned - I'm just a greedy scrounging sonofagun.

 

[Night Stalker]

I can't wait till ppl start dropping them, so I can find them!

 

[stefen]

I personally don't give a rats a$$, as long as they are spendable.

 

[Peg Leg]

Can anyone tell me anything about the Ronald Regan double eagle coin-are they silver?
Peg Leg

 

[JW]

Could they make it any uglier?
The Buffalo gold coin was beautiful, this new one is the worst ever I think!

 

[patpall22]

I agree with stloutom, more dollar coins minted means more people dropping them for me to find later

 

[renegade_7]

Saw it on the news yesterday. The US mint will start making them starting with the bust of Pres. Washington. Then every three months, they will mint a new one until all pres. are completed. I don't know when this will start, but I believe in Jan. 07. Hopefully they will make finding clad a bit more worth our while. HH

 

[Mirage]

Won't be any different than the Sac. dollar coin - the only way they will be used is if they do what the canadians did - stop printing paper dollar bills. Yes, there will be some collector interest but how many Sacagewea dollars have you found this year? I think I found 2.

Mirage

 

[Farmercal]

Farmer, I'm not trying to start a fight, but I don't think as many folks 'mix up' the coins (confusing a dollar for a quarter) as you think............a one and a twenty (dollar bill) are the same size...........

I'm not real excited at the Presidential theme but it's another moneymaker for the government, so they're going to do it anyway.

Roger

Roger, that was the argument for every dollar coin minted since the Eisenhower. I can tell the difference but older folks and drunk folks will get upset about spending dollars as quarters and they will quit using them just like before. I think the dollare coin is an EXCELLENT idea but unless you make it different people aren't going to buy into the idea (no pun intended). In Europe they make the 1 and 2 dollar euro two-toned so people know that they have a large denomination of coin when they look at it and color of the Sacagawea dollar is so dull it doesn't stick out at all. You would think the US Mint would learn from their mistakes but they never do. Don't get you hopes up, that's all I'm saying. I'm tired of looking forward to what doesn't happen.

 

[djui5]

Nice!!!

 

[skydiv]

the new vending machines will take a dollar coin so all the pop drinkers will spend them. they had to find a way to get people to use them.

 

[Postalrevnant]

I hope peps don't hate them like the recent dollars we have had. Otherwise I will never find a dollar coin MDing.

Postalrevnant

 

[Mojave]

Personally, I don't know why they are so eager to have us use $1 coins?? I dont think they are more convenient, or easier to carry. I could carry 100 - 1 dollar bills in my wallet, but try to see me carry 100 1 dollar coins in my pocket I would rather have the bills. To carry, anyway.....But, that it is a great point....More to find.....

 

[TreasureTales]

The US mint probably doesn't care if the general public uses these new dollar coins in general circulation. The government makes loads of money by minting new coins for the average coin collector. There are millions of people around the world who will collect these coins and they will want to collect the entire set, and that's exactly what the government is counting on...lots of coins going into collections or at least a home stash. Just like the Post Office issuing all the new stamps, it's about the collector appeal. We pay for all the new dies and new designs and for what? So COLLECTORS can have something new to save. It's just another scam perpetrated on the taxpayer in order to benefit a portion of the public and the government coffers. Believe me, there is no reason to keep trying to foist this dollar coin on us other than government greed. They use the ruse of "cheaper" to mint them than to continue to print dollar bills, but the collector appeal is the real impetus. If they really wanted to save money for the taxpayers, they'd use gold and silver again and make the coins so intrinsically valuable that people would be very careful with them. Let's not forget that the Eisenhauer coin didn't go over well, either, despite the obvious size difference with the quarter. They are popular in the casinos however, and that's why they were created. If the Mint produced REAL silver dollars, they would be small and useful, but that will never happen. I cringe whenever a new coin is minted because I know my taxes are paying the price for the process. I think I've found 1 Sacajawea dollar and 1 Susan B. Anthony in the past several years. They weren't lost in great abundance because people weren't using them, the banks didn't like them (they'll need to upgrade their coincounters and their change trays, an expense banks won't appreciate), and the public didn't like them. The only difference will be men on them instead of women, but I doubt that will have any significant impact because the size will be the same and therefore the same problems will exist. This idea sucks big time IMO.

 

[Treasure_Hunter]

Mojave, don't know about you, but only one reason I can think of to have 100 $1 bills in my wallet.


I'm all for doing away with the $1 bills, my detector has a heck of a time picking them up under dirt.

 

[stoney56]

To be depicted on a coin, a president must have been dead for at least two years.

Treasure Tales, it's the only way they're ever gonna get Nixon and LBJ on legal tender currency.