Plus Ça Change
Myrmidonisia
15-02-2007, 23:04
"The newest $1 coin, bearing the likeness of George Washington, is going into circulation around the country just in time for next week's celebration of the first president's birthday," the Associated Press reports (http://www.breitbart.com/news/2007/02/15/D8NA5ENO0.html)from Washington:
U.S. Mint officials hope they have overcome problems that doomed its two predecessors, but coin experts are still skeptical.
On this one, I have to say the coin experts are wrong. This time, they're finally going to get us to use a dollar coin. No doubt you have had a conversation like this with a bartender:
"That'll be $4."
"Here you go."
"I said four dollars. This is four quarters."
"Those are dollars. See, they have Sacagawea on them."
"Sack-a what?"
But everyone recognizes George Washington. Now that his face is on the dollar, there's no way anyone will mix it up with the quarter.
Yootopia
15-02-2007, 23:06
Do you have $2 coins, so that your change is actually worth anything?
Farnhamia
15-02-2007, 23:09
To make dollar coins viable, they have to stop printing paper dollars. Until that happens, they'll all be just curiosities and annoyances (though I do like the Sacagawea coins).
Apparently there's a billion of those golden coins running around, but I've not seen any since about a week after they were minted. That's nuts.
New Burmesia
15-02-2007, 23:11
I didn't know you guys had $1 coins. I thought you were sensible and used notes, like we in the UK should.
Great Void
15-02-2007, 23:12
I have been wondering about this...
You use paper one dollar bills. It sounds so odd to me. Even before the Euro, we had a fiver bill equal to one dollar. One dollar in paper money seems such a waste of paper.
But hey! if it works...
Great Void
15-02-2007, 23:13
I have been wondering about this...
You use paper one dollar bills. It sounds so odd to me. Even before the Euro, we had a fiver bill equal to one dollar (yeh, equal in purchasing power). One dollar in paper money seems such a waste of paper. Coins are so much durable buggers!
But hey! if it works...
Myrmidonisia
15-02-2007, 23:14
To make dollar coins viable, they have to stop printing paper dollars. Until that happens, they'll all be just curiosities and annoyances (though I do like the Sacagawea coins).
There's a guy quoted in the article that says essentially the same thing.
Dinaverg
15-02-2007, 23:34
Now that I'm in Europe, the fact that one and two are essentially change can make me rich...
Morganatron
15-02-2007, 23:34
Apparently there's a billion of those golden coins running around, but I've not seen any since about a week after they were minted. That's nuts.
If you want to see some, use the Washington State ferry system. They seem to give out dollar coins and $2 bills exclusively to their passengers.
Infinite Revolution
15-02-2007, 23:48
"problems that doomed its predecessors" - how do you fail at issuing a coin?
Farnhamia
15-02-2007, 23:50
"problems that doomed its predecessors" - how do you fail at issuing a coin?
Oh, they get issued but no one wants to use them.
Infinite Revolution
15-02-2007, 23:54
Oh, they get issued but no one wants to use them.
ah, so no actual problem, just resistance on some, what, traditionalist idea?
we've had both £1 coins and £1 notes in general circulation in jersey for as long as i can remember and there's never been a problem that i'm aware of. i think in the rest of the uk they only got rid of the notes when the £2 coin was introduced, you occaisionally still see scottish £1 notes in circulation but not often.
Farnhamia
15-02-2007, 23:59
ah, so no actual problem, just resistance on some, what, traditionalist idea?
we've had both £1 coins and £1 notes in general circulation in jersey for as long as i can remember and there's never been a problem that i'm aware of. i think in the rest of the uk they only got rid of the notes when the £2 coin was introduced, you occaisionally still see scottish £1 notes in circulation but not often.
That's pretty much it. And besides, we don't want to be like the British, do we? What did we fight the Revolutionary War for? Did those brave men die in vain, that 200 years later our coins would become like the effete and effeminate elitists who still have a monarchy? No, my friends, I say no!
:D
Sorry, it's nearly time for my medication.
Infinite Revolution
16-02-2007, 00:03
That's pretty much it. And besides, we don't want to be like the British, do we? What did we fight the Revolutionary War for? Did those brave men die in vain, that 200 years later our coins would become like the effete and effeminate elitists who still have a monarchy? No, my friends, I say no!
:D
Sorry, it's nearly time for my medication.
LOL :D well up here in scotland, and down in jersey too, we're resisting the ebil english oppressors by having slightly different money that only we get to use. the scottish notes have inventors and poets, and the jersey ones have cows, and the colours are better - way cooler than the bank of england notes :p
Cannot think of a name
16-02-2007, 00:35
"The newest $1 coin, bearing the likeness of George Washington, is going into circulation around the country just in time for next week's celebration of the first president's birthday," the Associated Press reports (http://www.breitbart.com/news/2007/02/15/D8NA5ENO0.html)from Washington:
On this one, I have to say the coin experts are wrong. This time, they're finally going to get us to use a dollar coin. No doubt you have had a conversation like this with a bartender:
But everyone recognizes George Washington. Now that his face is on the dollar, there's no way anyone will mix it up with the quarter.
I didn't ever have that conversation, but I didn't go to many colorblind bartenders who can't tell silver from gold or wasn't versed in one of schools 'charming natives' stories that where told over and over again.
And, seeing as George Washington is also on the quarter I can only see this exasperating the situation...
Johnny B Goode
16-02-2007, 00:49
"The newest $1 coin, bearing the likeness of George Washington, is going into circulation around the country just in time for next week's celebration of the first president's birthday," the Associated Press reports (http://www.breitbart.com/news/2007/02/15/D8NA5ENO0.html)from Washington:
On this one, I have to say the coin experts are wrong. This time, they're finally going to get us to use a dollar coin. No doubt you have had a conversation like this with a bartender:
But everyone recognizes George Washington. Now that his face is on the dollar, there's no way anyone will mix it up with the quarter.
Hey, wait, isn't he on the quarter?
I'm hoping that it works, it's a lot easier to carry around the coins than it is paper dollar bills.
Potarius
16-02-2007, 01:42
Plus cest la meme chose...
Eve Online
16-02-2007, 01:44
If you want to see some, use the Washington State ferry system. They seem to give out dollar coins and $2 bills exclusively to their passengers.
Go to any US military base - any on-post service such as the PX will be handing out the Susan B Anthony and 2 dollar bills.
If you want to see some, use the Washington State ferry system. They seem to give out dollar coins and $2 bills exclusively to their passengers.
The Caltrain ticket dispensers in the San Francisco bay area also give out dollar coins for change. The first time I ever used Caltrain, I naively put a twenty dollar bill in for a one-way ride that only cost two dollars. When I got $18 back in Sacagawea coins I was rather dumbfounded. :p
Cannot think of a name
16-02-2007, 02:26
You'll never be able to stuff dollar coins in a stripper's g-string.
Just sayin'...
H N Fiddlebottoms VIII
16-02-2007, 02:47
Apparently there's a billion of those golden coins running around, but I've not seen any since about a week after they were minted. That's nuts.
A lot of them get snatched out of circulation by collectors and the rest get used by the Manhattan Transit authority as a way to punish people who pay for train or subway tickets with cash.
ah, so no actual problem, just resistance on some, what, traditionalist idea?
Until drink and snack machines are upgraded to use $1 coins, I will have no use for those jangling bits of metal.
Infinite Revolution
16-02-2007, 03:25
A lot of them get snatched out of circulation by collectors and the rest get used by the Manhattan Transit authority as a way to punish people who pay for train or subway tickets with cash.
Until drink and snack machines are upgraded to use $1 coins, I will have no use for those jangling bits of metal.
you use notes for vending machine over there, don't you? always struck me as rather impractical, what with paper being all fragile and crinkly. coins, on the other hand are pretty hard to deform. and yet, having said that, occaisionally a vending machine will reject coins, usually 20p coins, no idea why they should. i mainly only use pound coins for the bus fare though cuz that's a pound flat-rate and they don't give change or take notes (in edinburgh at least). sucks having to break into a tenner every time you need to take the bus.
Sel Appa
16-02-2007, 03:50
"The newest $1 coin, bearing the likeness of George Washington, is going into circulation around the country just in time for next week's celebration of the first president's birthday," the Associated Press reports (http://www.breitbart.com/news/2007/02/15/D8NA5ENO0.html)from Washington:
On this one, I have to say the coin experts are wrong. This time, they're finally going to get us to use a dollar coin. No doubt you have had a conversation like this with a bartender:
But everyone recognizes George Washington. Now that his face is on the dollar, there's no way anyone will mix it up with the quarter.
Uh...no. See Sacajawea coins have a distinct golden hue and unmilled edge that prevents any and all confusion with quarters. You fail and so will this coin as long as we continue to retain a one dollar bill as well.
I didn't know you guys had $1 coins. I thought you were sensible and used notes, like we in the UK should.
Wrong. Over time, due to wear n' tear, Coins are cheaper to make then paper money. Except for pennies and nickels, of course.