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 Replies: 28 / Views: 5,078 |
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Pillar of the Community
United States
921 Posts |
I won't be using the program any longer. It was inconvenient to mail a check but I've still ordered twice. I'm not paying $12.50 a box to spend them.
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Moderator
 United States
187862 Posts |
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So does this mean they are going to stop making the presidential one dollars? Like halfway through the series? I do not think so. I believe they will still be made for the annual mint and proof sets. However, I do not not think an end to the direct ship program will end the higher mintages of the baby dollars. I think they are building a large surplus on purpose; to have an inventory for the inevitable end of the one dollar note. Quote:
With dollar coins, I can't buy soda, snacks from vending machines nor could I pay my bus fare Quote:
But to be practical for spending everyday, the smaller coins work much better. I have used the dollar coins for vending machines and at the car wash with no problem. Quote:
I truly believe it is time for the $1 bill to go away. Quote:
No the ONLY way to get a dollar coin to circulate is to eliminate the dollar note. Given a choice people will chose the paper over the coin.  |
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Pillar of the Community
United States
2734 Posts |
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With dollar coins, I can't buy soda, snacks from vending machines nor could I pay my bus fare. In Denver, all of our parking meters and public transportation accept modern $1 coins. I took a road trip from Denver to Seattle last July, (with a box of Direct Ship Dollars) and I was able to use Dollar coins in every vending machine I found (including on all the Washington ferry boats). The only time I was not able to use Dollar coins was at a car wash in Boise, Idaho, that only accepted Quarters. |
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Bedrock of the Community
United States
17884 Posts |
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I think all vending machines made since 1979 have accepted dollar coins. No all machines since 1979 CAN accept the coins but the coin mechanism has to be set to accept them. It comes from the factory set to reject them The operator needs to flip a switch on the mechanism. He may also have to turn a screw to widen the coin slot. |
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Pillar of the Community
United States
2734 Posts |
I had a little fun at a car wash in Oregon where the coin slot was Dollar-coin sized, but a "Quarter-sized" rubber grommet was installed behind the slot. I just shoved my Dollar coins in with a screwdriver, and they worked perfectly. The machine gave me the proper $1 credit for each coin. Wonder what the car wash owner thought the next time he emptied the change tray.   |
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Moderator
United States
187862 Posts |
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I had a little fun at a car wash in Oregon where the coin slot was Dollar-coin sized, but a "Quarter-sized" rubber grommet was installed behind the slot.
I just shoved my Dollar coins in with a screwdriver, and they worked perfectly. The machine gave me the proper $1 credit for each coin. Wonder what the car wash owner thought the next time he emptied the change tray.  You gambled and won.  |
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Pillar of the Community
United States
2734 Posts |
The new surcharge is bad news if you want 2012 business strike Native American dollars (which will have a very nice reverse design). I should be able to get 2012 Natives at the Denver Mint Gift Shop until they release the Chester Arthur Dollar on Feb. 16, 2012. Since 2009, Denver's been minting the bulk of the year's Native Dollars in January, then they mint Presidentials for the rest of the year. Basically, if you go to the Gift Shop from mid Feb. to the end of Dec., you'll get Presidential dollars, not Natives (unless you catch them at a rare, brief point where they have to mint another run of Natives to meet the "20%" requirement). Edited by DNA
11/28/2011 3:43 pm
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Pillar of the Community
United States
921 Posts |
Just curious. Has anyone actually contacted the Mint to ask who they expect to pay $12.50 a box to spend the coins?
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Bedrock of the Community
United States
10034 Posts |
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Given a choice people will chose the paper over the coin. The amount of money that might be saved (debatable info on both sides of the issue is available) is insignificant compared to the wasted amounts of $$ payed out for things like the famous "shrimp on treadmills;" and building lavish, million dollar restroom facilities in the middle of nowhere capers funded with wasted money. It would be more prudent for the government to spend time trying get rid of ridiculous wastes like the aforementioned or to recoup the massive amounts of "missing" money that disappeared in the "stimulus" plans and Solyndra scandals. There time would be better spent there rather than finding yet another way to force something down the majority of American peoples' throats that they clearly have proven they do not want. Why would anyone want to add more misery and complaints for the general public - especially in times such as we live in now? If a person likes these things weighing down their pockets - then they are free to use them. I have done enough time up in Canada with their Loonies and toonies in my pockets that I am glad we are not stuck with a similar situation. And if a person wants the inevitable rise in price that WILL follow this act (as it did in Canada) - fine - but why should we all be forced to undergo this for a minority's opinion/desries? Let the majority of people - who have proven they do NOT want them - have their preference ALSO. Nowadays the government has been trying to force us to do too many things that they decide is the "right" thing to do and I am one of the many who are getting tired of it. I lump this forced-use-the-dollar-coin as just another way they get to micro-manage another part of my life. Freedom of choice is too dear to me, even in the smallest areas, to give an inch when it is not a moral issue. |
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Pillar of the Community
United States
1796 Posts |
Ok on the issue of "Freedom of Choice" in this case, I hate to moralize, but we're in a budget crisis. No matter how you cast or cut it, paper dollars cost a heck of a lot more money to keep in circulation than $1 coins. We're looking at ~$0.09 per $1 bill per 18 months vs ~$0.20 per coin per 30 years (and 30 years is a low-ball estimate). Doing the math, paper money costs ~$1.98 to keep in circulation the same amount of time as a $1 coin which means it costs nearly 10 times more to produce. That's not just a little waste for convenience-sake, that's a big bleeping waste. What other part of our government can potentially cut costs by a factor of 10 as 'easily'? From what I've seen, it's really the paper lobby who wants to make it an issue of "choice" more than anyone else ("Save the Greenback Bill" anyone?), and when the public is educated about the $1 coin and see it in circulation, the reception tends to be positive. In my own personal experience, my wife and I -- over a few years through the Direct Ship Program... before they broke it -- put over $8,000 directly into circulation in our township alone and engaged cashiers and other individuals about the program and the costs associated with it. Now dollar coins are commonplace here, with others withdrawing them from their banks to spend on their own as well. The Mint, however I firmly believe, has bungled the educational aspect, and does not listen when it comes to what people like about the coins (Dollars featuring everyone's favorite Presidents, eagles, or classical Native American imagery = GOOD; Dollars featuring that odd representation of Sacagawea and/or chunky sans-serif fonts = BAD). It seems like they're going to go for more of what people find pleasing with the 2012 Native American dollar design, but they need to seriously reassess what they're doing with the entire set of $1 coin motifs and the Direct Ship Program as a whole. |
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Valued Member
United States
297 Posts |
If the Government were to get rid of the $1 bill I think the majority of the "working" population would just go to strictly credit cards / debit cards for payment. I was surprised the first time I went into a McDonalds and saw that they taking credit cards for payment and thought that this was the beginning of the downfall of American society. If you don;t have $3 cash in yur pocket to buy a value meal and have to get out the credit card you shouldn't be eating there. I always thought that fast food was a strictly cash business. As for the "non working" population (AKA drug dealers, jerks, homeless, etc) they would still be spending handfuls of pennies at the local liquor store or $100 bills at the rim shop |
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Moderator
United States
187862 Posts |
I do not accept the "weighing down your pockets" argument. I never have more than four one dollar notes on me at any time; I would expect to have no more than four dollar coins on me either. If the two dollar note becomes the new one, then I should only have a single one dollar coin on me at any time.  |
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Bedrock of the Community
United States
17884 Posts |
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If the two dollar note becomes the new one, then I should only have a single one dollar coin on me at any time.
Point I've been stressing for 32 years now, since the SBA was introduced. |
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Replies: 28 / Views: 5,078 |
First Page
Posted 11/25/2011 11:40 pm
