Dollar Bill Or Dollar Coin? You Decide

[gavinmccallister]

Re: Dollar Bill Or Dollar Coin? You Decide

Just sayin' - you can wash american money in the washer and it comes out just fine. US money isn't really paper, it's more fabric.

It's a darn good thing you can wash it, I can't tell you how many times money has gone through the washer and dryer in my family.

You better not let the Fed's find out you know they don't like Money-Laundring, LOL!!

[rooskers]

Re: Dollar Bill Or Dollar Coin? You Decide

I am collecting the gold dollar coins and putting them in a little chest. I thought when my baby girl gets older for her birthday I am going to bury the chest and leave her a treasure map to find it. I always wanted to dig up a buried treasure when I was a child.

[Bookie]

Re: Dollar Bill Or Dollar Coin? You Decide

I am collecting the gold dollar coins and putting them in a little chest. I thought when my baby girl gets older for her birthday I am going to bury the chest and leave her a treasure map to find it. I always wanted to dig up a buried treasure when I was a child.

That's a great idea. Anything to get those things out of circulation.

[JanH]

Re: Dollar Bill Or Dollar Coin? You Decide

When my parents lived in Montana in the 50's, there were only silver dollars. They hated them cos they were so heavy! As long as they don't make them that big and heavy again.

[disneysteve]

Re: Dollar Bill Or Dollar Coin? You Decide

When my parents lived in Montana in the 50's, there were only silver dollars. They hated them cos they were so heavy! As long as they don't make them that big and heavy again.

This would be my problem with dollar coins. I don't carry change around. I've got enough in my pockets - keys, cell phone, pocketknife, etc. I want money that is light and fits in my wallet. If they stopped making dollar bills, I just wouldn't use them. When I got dollar coins in change, they'd go into my change bank at home until they got cashed in at the bank for paper money. I wouldn't routinely carry around or spend dollar coins.

[Elgin526]

Re: Dollar Bill Or Dollar Coin? You Decide

Overall, I'd rather deal with a dollar coin. But they should put out both a $1 and $2 coin, so if you get $3 or $4 back in change, it's still only two coins (instead of 3 or 4 coins).

But you know what I never see anymore? $10 bills! I swear, evertime I pay for an item under $10 with a $20, I get back either 2 $5's and a couple $1's or just ONE $5 and a BUNCH of $1's. And every time I've asked a cashier to break a big bill and give me back $10's, they never have any, not even one! All they have are $20's, a couple of $5's (if that) and $1's. DH and I joke the $10 bill doesn't really exist anymore.

[lrjohnson]

Re: Dollar Bill Or Dollar Coin? You Decide

Being in other countries recently, I handled a lot of change. I ended up getting more used to it thatn I thought. Especially in England, one can have a large sum of money and no paper. I think it is just a matter of getting used to it.

[Ima saver]

Re: Dollar Bill Or Dollar Coin? You Decide

I don't like to carry around dollar coins either. When i get a 50 cent piece, no one wants it. Coin machines won't take it. I only get the dollar coins at the post office too.

[gavinmccallister]

Re: Dollar Bill Or Dollar Coin? You Decide

When i get a 50 cent piece, no one wants it. Coin machines won't take it.

Ima, I know someone that will take your .50 cent pieces, a casino will gladly take them, some machines are only set up to take .50 cent pieces.

[aurielle]

Re: Dollar Bill Or Dollar Coin? You Decide

I prefer the dollar bill over the coin. The coins would be too cumbersome in my purse. I never see the dollar coins in circulation around here. The oddest coin I've received in change lately was a french franc. (didn't catch it until much later, when I tried to put it in a vending machine)

Last year, I purchased something with a two dollar bill. The lady almost didn't take it, she thought it was counterfeit.

[Mathew Green]

Re: Dollar Bill Or Dollar Coin? You Decide

I think people need to be educated about the coin before we get rid of the bill.

I think our government needs to be educated that people don't want and won't accept a dollar coin that's close to the size of a quarter. The US Mint has been trying to push us into using quarter-sized dollar coins for 27 years, and they still don't get it!

There used to be half-dollar coins in common circulation. They were as commonly used as dollar bills and quarters, but I haven't seen one in years. If the one-dollar coins had been made that size -- noticeably bigger than a quarter -- They would have been much more readily accepted and dollar bills could have been phased out long ago. The half-dollars I'm talking about were 30.6 mm, compared to 24.26 mm quarters and 38.1 mm silver dollars. By comparison, the Anthony Dollar is 26.5 mm (only 2.24 mm larger than a quarter, which is too darn close for people making change in a hurry.

I've never understood why the mint keeps bringing out quarter-sized dollar coins that nobody wants, instead of using the distinctive half-dollar size. But one thing is for sure, the problem isn't a lack of public education about dollar coins. The problem is a government office that keeps pushing a dollar-coin size the American people have steadfastly rejected for over a quarter of a century.

[greedy4chips]

Re: Dollar Bill Or Dollar Coin? You Decide

I honestly think I could go months without spending cash. I just don't use cash except for babysitter, rummage sales, food stands in front of stores fund-raising for groups, etc.

Personally a $1 coin if made bigger than a 50 cent piece would be just too cumbersome to carry and would be too expensive to produce even if they do last virtually forever. Other coins last forever, but every year they make how many millions of each one.

[bjl584]

Re: Dollar Bill Or Dollar Coin? You Decide

Whatever costs the taxpayers less for the government to make I support.

[disneysteve]

Re: Dollar Bill Or Dollar Coin? You Decide

Other coins last forever, but every year they make how many millions of each one.

That always amazes me. Where do they all go? There are coins still in active circulation that are 50 or 60 years old. They don't wear out that quick. Though it is usually just pennies and nickels, since they were never made of silver. Those all got snarfed up in the 80's when silver prices shot up.

According to the US Mint site, they make between 11 Billion and 20 Billion coins each year. That is an outrageous number. We all must be hoarding an awful lot of them. And it would seem that their use should be gradually declining as more transactions are handled electronically. I know some of the casinos in Atlantic City no longer use coins in slot machines.

[bjl584]

Re: Dollar Bill Or Dollar Coin? You Decide

I have heard that there is a shortage of pennies at times because so many people hoard them in jars and things around the house. There must be literally millions of dollars worth of pennies out there sitting in coffee cans and jars just sitting around peoples' houses.