Has anyone gotten one as change lately? I havent. I was thinking about this today. I havent seen one used/used on in a while. What happend to them? Are $1 Bills still being replaced with coins?
Dollar coins
- Thread starter ViperMagic
- Start date
If you're refferring to that "Sacajawea" (however the hell you spell it) coin, I've never even seen one, aside form on TV. Hell, I've only had about 3 or 4 Susan B. Anthony dollars in my life.
So, nope, no dollar coins for me.
So, nope, no dollar coins for me.
i needed change for a five and some guy gave me 5 of em..dunno where he got em. I've seen a few, but I don't like em. What's wrong with bills? $1 still has value (with just less than dime more, for tax) you can get a whole texas double cheeseburger at wendy's! Yeah, go dollar 
Not to mention 10-10-220
Not to mention 10-10-220 i had a few of them , i dont like the idea of dollar coins so i exchanged two of them becuz my dad collects coins.
<< What's wrong with bills? >>
They wear out very quickly compared to coins
<< The full substitution of the $1 coin for the $1 bill would save the federal government around $450 million per year over the next 30 years, according to estimates of the Federal Reserve Board and the General Accounting Office. The savings come from several sources, the most obvious of which is the difference in production costs. A $1 bill costs four cents to produce, whereas a coin costs eight cents--but the bill wears out in an average of 1.4 years, compared with 30 years for the coin. If one coin replaced each $1 bill, the government would save roughly $150 million per year thanks to the coin's longer life.
The replacement rate is actually expected to be about two coins for each bill because of the greater demand for coins. This would provide a further benefit to the Treasury: seignorage income, the revenue obtained by getting the public to exchange interest-bearing assets for coins or paper currency.
Additional savings stem from the long-term capital investments that could be avoided by not producing the $1 bill. Although a new $1 coin would require 30 months to prepare for production and an estimated $73 million of investment at the U.S. Mint, eliminating the $1 bill would cancel the Bureau of Engraving and Printing's planned investment of between $158 million and $250 million for a new facility.
>>
Text
I actually did get them as change once at the gas station.
I'm all for $1 coins. The british 1-pound coin is so handy.
The only problem (and this is the same problem with Susan B Anthony $$$) is that it's too hard to distinguish it from a quarter in your pocket. The UK 1 Pound is very thick and heavy. It feels like no other coin. It's so convenient when you need a dollar (pound) to just reach in your pocket and grab one.
I'm all for $1 coins. The british 1-pound coin is so handy.
The only problem (and this is the same problem with Susan B Anthony $$$) is that it's too hard to distinguish it from a quarter in your pocket. The UK 1 Pound is very thick and heavy. It feels like no other coin. It's so convenient when you need a dollar (pound) to just reach in your pocket and grab one.
<< I actually did get them as change once at the gas station.I'm all for $1 coins. The british 1-pound coin is so handy. The only problem (and this is the same problem with Susan B Anthony $$$) is that it's too hard to distinguish it from a quarter in your pocket. The UK 1 Pound is very thick and heavy. It feels like no other coin. It's so convenient when you need a dollar (pound) to just reach in your pocket and grab one. >>
Unless you're colorblind you should have no problem dicifering a gold dollar as opposed to a silver quarter. That's of course if you are referring to the Sacajawea Coin, or however it's spelled.
veryape: Check that:
it's too hard to distinguish it from a quarter in your pocket.
Put a gold dollar and a bunch of other change including quarters in your pocket. Try and quickly snatch the dollar. You'll have to fiddle around looking lewd for too long before you can find it.
Get a pound and a bunch of other UK coins and put them in your pocket. See how quickly you can grab the one-pound coin.
The color difference is great. Unfortunately the physical shape, size, weight and texture is not different enough from that of a quarter to make it easy to feel it out. If I'm going to have to take something out of my pocket and look through it, I'd just as soon grab my wallet.
This is the same reason the SBA was so short-lived. Way too much like a quarter.
it's too hard to distinguish it from a quarter in your pocket.
Put a gold dollar and a bunch of other change including quarters in your pocket. Try and quickly snatch the dollar. You'll have to fiddle around looking lewd for too long before you can find it.
Get a pound and a bunch of other UK coins and put them in your pocket. See how quickly you can grab the one-pound coin.
The color difference is great. Unfortunately the physical shape, size, weight and texture is not different enough from that of a quarter to make it easy to feel it out. If I'm going to have to take something out of my pocket and look through it, I'd just as soon grab my wallet.
This is the same reason the SBA was so short-lived. Way too much like a quarter.
<< Put a gold dollar and a bunch of other change including quarters in your pocket. Try and quickly snatch the dollar. You'll have to fiddle around looking lewd for too long before you can find it. >>
We've had dollar (and now 2 dollar) coins in Canada for a long time now. Your argument isn't very strong...it's easy to grab bigger change without even looking at it.
The gold dollar is only slightly larger in diameter than the quarter. Like 1/8"...maybe less. I don't have one handy.
It's the same thickness and about the same weight. The only discernable tactile difference is that the dollar doesn't have a rough edge like the quarter. For me it takes a lot longer to have to find the edge of the coin and feel around.
Ask any american--it's easy to feel any of the previous coins in your pocket--dimes are tiny with rough edges, pennies are larger with smooth edges, nickels are larger still with smooth edges, quarters are even larger with rough edges, half dollars are huge with rough edges, kennedy dollars are gigantic.
The dollar feels like a quarter with a smooth edge. It's really inconvenient. Even the guy at the gas station (the ONLY time I ever got one in a transaction) had to take a handful of change out of his pocket and grab them.
If the new dollar were a significantly different size than the quarter, or thicker, it would work.
It's the same thickness and about the same weight. The only discernable tactile difference is that the dollar doesn't have a rough edge like the quarter. For me it takes a lot longer to have to find the edge of the coin and feel around.
Ask any american--it's easy to feel any of the previous coins in your pocket--dimes are tiny with rough edges, pennies are larger with smooth edges, nickels are larger still with smooth edges, quarters are even larger with rough edges, half dollars are huge with rough edges, kennedy dollars are gigantic.
The dollar feels like a quarter with a smooth edge. It's really inconvenient. Even the guy at the gas station (the ONLY time I ever got one in a transaction) had to take a handful of change out of his pocket and grab them.
If the new dollar were a significantly different size than the quarter, or thicker, it would work.
I'm not sure what the problem is but I can differentiate a gold dollar coin from a US quarter with no problem, even amongst several other coins in my pocket. It is similar to a quarter, but is slightly larger and slightly heavier. I will grant that if I were making a dollar coin I would have made it larger...but what can you do? If you are carrying around so much change in your pocket you can't pick out a certain type of coin then you have other problems anyway. Maybe we should all walk around with those contraptions vendors at ball games have...those coin dispensers?
I think the coins are pretty cool and the only downside I personally see is that the coins fall out of my pocket a lot more than bills ever did. If we moved away from dollars I would have to get velcro pockets or something.
Maybe we should all walk around with those contraptions vendors at ball games have...those coin dispensers?I think the coins are pretty cool and the only downside I personally see is that the coins fall out of my pocket a lot more than bills ever did. If we moved away from dollars I would have to get velcro pockets or something.
I like em. I think they are easier to use than $1 bills. Specailly when it comes to things like vending machines and parking meters.
<< Ask any american--it's easy to feel any of the previous coins in your pocket--dimes are tiny with rough edges, pennies are larger with smooth edges, nickels are larger still with smooth edges, quarters are even larger with rough edges, half dollars are huge with rough edges, kennedy dollars are gigantic. >>
Yeah, God forbid Americans have a responsibility as awful imposed upon them as actually having to LOOK at the money you're handing out.
<< I kinda like the golden $1. But how do you tip a stripper w/it? :Q
Lethal >>
Just like playing the slut...err...slot machines
<< Yeah, God forbid Americans have a responsibility as awful imposed upon them as actually having to LOOK at the money you're handing out. >>
LOL
I was just thinking the same thing.<< Has anyone gotten one as change lately? I havent. I was thinking about this today. I havent seen one used/used on in a while. What happend to them? Are $1 Bills still being replaced with coins? >>
I get them as change everytime I use the stamp vending machine at the post office.
<<
<< Has anyone gotten one as change lately? I havent. I was thinking about this today. I havent seen one used/used on in a while. What happend to them? Are $1 Bills still being replaced with coins? >>
I get them as change everytime I use the stamp vending machine at the post office. >>
I recently got a butt load 'cause I bought $5 in stamps w/a $20. Nothing like walkin' out w/a pound of change in yer pocket
Lethal
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