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Replies: 74 / Views: 12,175 |
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Moderator
 United States
188440 Posts |
Quote: No, all that would do is force people to use the dollar coins, not "fall in love" with them. Honestly, they will love using one dollar coin instead of four quarters and no more rejected bills on vending machines. Once people realize what they have gained, they will love them. 
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Rest in Peace
United States
17900 Posts |
This subject is so old it should be in the ancients folder.
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Bedrock of the Community
United States
94367 Posts |
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Bedrock of the Community
United States
17884 Posts |
Quote:I'm just wondering what it would take for Americans to fall in love with dollar coins again, like 100 years ago, when the Morgan dollar ruled. 100 years ago the Morgan was NOT a loved coin. People preferred paper then for the same reason they do today. Light weight. The only time people may have loved dollar coins would have been before 1862 or 1874, a time when paper money was either of questionable value (before 1862), or when the paper was worth less than the coin (before 1874). After 1874 when the paper traded at par withthe coin and we freely convertible to coin on demand, why carry the heavy coins.
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Bedrock of the Community
United States
20753 Posts |
Quote: I'm just wondering what it would take for Americans to fall in love with dollar coins again As a start not making them look the same size as a Quarter. Then not putting a pile of people on them. Just make them look like USA coins. Might not work but sure isn't working now.
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Moderator
 United States
188440 Posts |
Quote: This subject is so old it should be in the ancients folder. 
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Pillar of the Community
 United States
4868 Posts |
Quote: This subject is so old it should be in the ancients folder. Nah! This is the age old debate that's still relevant...LOL!! 
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Moderator
 United States
188440 Posts |
Sadly, it will probably remain relevant in the US for a long, long time. 
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Moderator
 United States
23522 Posts |
Quote: Sadly, it will probably remain relevant in the US for a long, long time.
Unlikely, IMO. There are few reading this post who will reach the natural end of their days before "cash" becomes purely digital. I believe it almost certain that I'll see it personally, and I'll be happy if I have twenty-five years left.
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Moderator
 United States
188440 Posts |
That is sort of what I meant. We will be de facto cashless before anything is done to change our money. We will continue to debate it until that end. I give it a generation or two at most.
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Pillar of the Community
 United States
4868 Posts |
It's interesting that the US Mint / Legislators knew full well these dollar coins would never work unless they removed dollar bills from circulation. But yet they went ahead and issued these coins anyways. What is the rationale for that? I remember all the hype when the 2000 sacs came out. That would been a perfect time to really push these things while they were just still a novelty.
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Moderator
 United States
23522 Posts |
Quote: It's interesting that the US Mint / Legislators knew full well these dollar coins would never work unless they removed dollar bills from circulation. But yet they went ahead and issued these coins anyways. What is the rationale for that? I remember all the hype when the 2000 sacs came out. That would been a perfect time to really push these things while they were just still a novelty The motivations are purely political, like every Dollar coin issued after the Seated dollars (and even the later years of those, once silver was discovered in the West).
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Moderator
 United States
188440 Posts |
Quote: The motivations are purely political Yup. What is in it for me? 
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Valued Member
United States
406 Posts |
I found myself in the lovely city of Victoria, BC, Canada in July and bought a few of these guys home with me to Texas. Saw a lot of them floating around up there, it didn't seem to be a problem. This is one area where I think we could really learn a lesson from our neighbors to the north. Our Native American designs are beautiful (but would be more so with the date/mm on the obverse) and I wish they circulated more (or at all, really). Down with paper! Up with coins! 
Edited by ljenkins990 11/08/2017 5:19 pm
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Moderator
 United States
188440 Posts |
Quote: I found myself in the lovely city of Victoria, BC, Canada in July and bought a few of these guys home with me to Texas. Saw a lot of them floating around up there, it didn't seem to be a problem. This is one area where I think we could really learn a lesson from our neighbors to the north. Our Native American designs are beautiful (but would be more so with the date/mm on the obverse) and I wish they circulated more (or at all, really). Down with paper! Up with coins! Well said. 
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Replies: 74 / Views: 12,175 |
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