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Future Of Kennedy Half Dollars

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jbuck's Avatar
United States
188560 Posts
 Posted 05/18/2015  09:48 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Let us look at two specific countries using polymer notes, Australia and Canada.

Which of the two have a one dollar and two dollar polymer note? Neither!

Which of the two have a one dollar and two dollar COIN. BOTH!


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Conder101's Avatar
United States
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 Posted 05/18/2015  10:07 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
Earle42

I have no objection to changing the dollar note to polymer instead of a coin as that would save money as well. Trying to produce both a note AND a coin WASTES money. The paper note needs to go. Polymer and no coin would save money, but I suspect that since the coin would out last the polymer note and a polymer note would cost more to produce than a paper one, in the long run the coin would still save more money. But it would save less than a straight paper to coin replacement. So a change to polymer would be a good compromise.
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tkbslc's Avatar
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 Posted 05/18/2015  12:45 pm  Show Profile   Bookmark this reply Add tkbslc to your friends list Get a Link to this Reply
Considering we have 1.3 billion of these $1 coins already minted and in reserve and another billion-plus in circulation, I think we have already made that decision.

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jbuck's Avatar
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 Posted 05/18/2015  1:48 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Yes, and the only thing left to do is kill off the one dollar note.
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n9jig's Avatar
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997 Posts
 Posted 05/18/2015  2:30 pm  Show Profile   Bookmark this reply Add n9jig to your friends list Get a Link to this Reply
There are good reasons the US Dollar and $2 bills have not been redesigned and the larger ones have: it hasn't been worth it.

For the $1 bill, the value is too low for most counterfeiters to deal with, that is why you see wads of fake $100's and $20's.

For the $2 bill, besides the fact that it is low value, no one wants it and it does not circulate. Kind of like the dollar coins...

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Earle42's Avatar
United States
10038 Posts
 Posted 05/18/2015  8:16 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply
@jbuck

Quote:
Let us look at two specific countries using polymer notes, Australia and Canada.

Which of the two have a one dollar and two dollar polymer note? Neither!

Which of the two have a one dollar and two dollar COIN. BOTH!


The Us has never been follower. If it had, we would not be where we are today - including freely posting opinions (more than likely). I believe we can learn from other country's mistakes, and I believe that we can learn from other country;s triumphs.

The plan fact of the matter is that these coins are not the miney saver they claim to be.

I cannot say if the polymer notes are or not.

I guess I am just disheartened that we have fallen so far from strong patriotism that some citizens want the government of the United States to act as other countries and stab the people who elected them in the back by forcing the people to use something they have repeatedly said they want no part of.

This is like Obamacare - the facts are it was illegally rushed through (vote on it then read it), the working people do not want it as a hole, and still do not, and costs ave elevated despite the lies. It was forced onto us.
Anytime the government forces the people against their will it is criminal (in the US) b/c the people are supposed to be the ones who wield the power. Unlike many other countries, our government is to be a SERVANT of the people, not a nanny or a bully.

The sad thing is the last generation has been hidden from actual American history to know how unique the American experience was/is. And this is why so many have no trouble with the government taking small steps over and over to take control.

Once authorities are given power over freedom and choice of the individuals, they NEVER give it back.

IF the money saved from these coins was what they had claimed, I would be all for them as being the best solution. However,(and I wonder how many again citing the savings have gone back and searched the forum for the posts concerning the actual savings - or bothered to understand it is they who will pay more for services who have to handle large amounts of money).

When the question was posted as to why someone would want to force people to use coins when there is a more viable option has once again been diluted by people focusing on points already debated and shown in previous threads to be invalid, or else not nearly as great as was supposed to be.

I still wonder if the people wanting elevated prices, more inconvenience, and the majority of people to be forced into their way of thinking are counting the cost and looking at their own motivations.

Certainly the rehashing of points already debated and shown wanting in previous threads, indicates people are entering into this without doing their homework as to the validity of facts they are debating. Its not worth their time I guess (and understand - life is busy for most). But apathy is a great tool for losing freedoms.

And we have people cheering it on....

I have no figures to be able to tell if polymer notes last as long as the metal. But I do know transporting tons of metal will be a cost passed on to my own pocket. If history repeats itself with human nature, I do know prices will rise to the new psychology of the dollar being the new quarter. I do know the majority of people will be stuck with more of the coins than they ever thought. I do know people who handle money as their business are going to be very inconvenienced if they need to actually handle the money. And I do know I would not be one of the people rejoicing the government was able to force me to into yet one more thing they desired in the name of saving money - yet the savings show on paper not to be what they claimed.

And I also know I have examined my own motivations behind all of this.

Rather than diluting the answers with debate thwat has taken place already... a simple answer to the original posted question would be nice:

Why is someone willing to have the government force the people against their own will if there is a viable option where everyone can have their own choice - but save money?

The closest answer that came to being direct on this was the answer that if another option were used, then the coins would not be chosen. Yup... definitely worth pushing others around.


How much squash could a Sasquatch squash if a Sasquatch would squash squash?
Download and read: Grading the graders
Costly TPG ineptitude and No FG Kennedy halves
https://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2
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United States
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 Posted 05/18/2015  9:38 pm  Show Profile   Bookmark this reply Add jack jeckel to your friends list Get a Link to this Reply
@Earle42

I think I have to agree with EVERYTHING you said on ALL fronts
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nalaberong's Avatar
Canada
2805 Posts
 Posted 05/18/2015  9:57 pm  Show Profile   Bookmark this reply Add nalaberong to your friends list Get a Link to this Reply
I am amazed that the debate about the dollar bill can be construed as the struggle for Western (by which I mean American) civilization, and further amazed that Obamacare can also be worked into it, somehow (thanks Obama).

No wonder the government wants to take away our freedoms - we don't deserve them anymore.
Edited by nalaberong
05/18/2015 9:58 pm
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Earle42's Avatar
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10038 Posts
 Posted 05/18/2015  11:10 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply
@nalaberong
I know it is hard for someone who is not a part of the US to understand the mindset of that made the US to be what is was. It is being lost. Fifty years ago we prided ourselves on being the nation that could put a man on the moon. Yankee ingenuity was at its height, and the government was not seen so much as a threat.

Like most Canadians you may think obamacare is like your system (BTW - Canada is like a second home to me - I used to live on the border. However, read the facts and you will find they are a far cry from one another and I guarantee you would not want the system they are shoving down our throats.

The problem is that there has been a whittling away of our freedoms a bit at a time. Baby steps are taken to gain control b/c the general populace would be angered over major steps. If you had grown up in America, during the time I did, you would be able to understand this easily. I fell very sorry for the youth of today who don't have a concept of what REALLY being in a free country is like.

But this is also a slow cycle in history. Freedoms is earned by heroes shedding blood. After awhile the people are lulled to sleep by leisure and the entertainment mindset (epicurinism), and power-mongers rise up to take advantage of it. We are once again on the downside of the slope - and most have been lulled to sleep so they don;t see it as being such a big deal.


Quote:
No wonder the government wants to take away our freedoms - we don't deserve them anymore.

And I note this very statement shows though that you understand the desire of those in power is to get more power and more money for themselves. I don't want to give them any of it.
How much squash could a Sasquatch squash if a Sasquatch would squash squash?
Download and read: Grading the graders
Costly TPG ineptitude and No FG Kennedy halves
https://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2
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lambecolin's Avatar
Canada
618 Posts
 Posted 05/18/2015  11:27 pm  Show Profile   Bookmark this reply Add lambecolin to your friends list Get a Link to this Reply
JUst a thought for the future----all countries are actively seeking to ban cash altogether---the USA has $1.3 Trillion in cash which is 1/17th of the National Debt---they do not know who has that cash and would prefer digital recording of all transactions to cut out the underground activity---hence, in 20 years there will be no new coins around to collect at all---we all will be collecting silver rounds for digits.
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United States
5208 Posts
 Posted 05/19/2015  12:05 am  Show Profile   Bookmark this reply Add jack jeckel to your friends list Get a Link to this Reply

Quote:
JUst a thought for the future----all countries are actively seeking to ban cash altogether---the USA has $1.3 Trillion in cash which is 1/17th of the National Debt---they do not know who has that cash and would prefer digital recording of all transactions to cut out the underground activity---hence, in 20 years there will be no new coins around to collect at all---we all will be collecting silver rounds for digits.


I wonder when the current FRN will no longer say "This note is legal tender for all debts public and private"

PS: coins have no serial numbers and are untraceable as long as you don't leave fingerprints on them which even if you did would be hard to prove in a court of law on mass circulating coins unless they coin a $100 coin and you 10K of them and all were UNC and your fingerprints were the only ones on them (tip of the day )
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larsdog's Avatar
United States
593 Posts
 Posted 05/19/2015  01:28 am  Show Profile   Bookmark this reply Add larsdog to your friends list Get a Link to this Reply

Quote:
If we could start over, 10c/50c/$1/$5 coins make the most sense to me.


tkbslc: I would argue that 10c/20c/50c/$1/$2 coins make the most sense and paper money should start at $5, but I'm glad to see a kindred spirit here!
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sel_69l's Avatar
Australia
21788 Posts
 Posted 05/19/2015  02:50 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
@ Earle42:
Off subject a bit.
Obamacare?
I have an American daughter-in-law (SD native), who has come to fully appreciate and understand the advantages of a (mostly) Government sponsored public health care system. She still has Republican leanings.

(back to the discussion........)
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jbuck's Avatar
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 Posted 05/19/2015  10:52 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
The Us has never been follower. If it had, we would not be where we are today
I hate to tell you, but we followed the Soviet Union into space. We had no interest until they went there.


Quote:
and I believe that we can learn from other country;s triumphs.
Exactly. So we should learn from their successful adoption of one and two dollar coins.
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Conder101's Avatar
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17884 Posts
 Posted 05/19/2015  10:53 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
The Us has never been follower. If it had, we would not be where we are today - including freely posting opinions (more than likely). I believe we can learn from other country's mistakes, and I believe that we can learn from other country;s triumphs.

And in the idea of a small size unit coin we WERE the leader. The SBA showed the way but we made mistakes with it. Every OTHER country looked at what we did, learned from our mistakes and then introduced their own small size unit coins and eliminated their corresponding paper note. In EVERY other country it worked. The only place it failed was in the USA where it started. And it has continued to fail here because we won't admit to the fact we made a mistake and correct it. Instead we keep tweaking and basically do the same thing we have in the past and hope for a different outcome. (What was that definition of insanity again?)


Quote:
For the $1 bill, the value is too low for most counterfeiters to deal with, that is why you see wads of fake $100's and $20's.

Here in Indiana We have been seeing counterfeit $1 notes. After all, like you say they are low value so no one pays any real attention to them. Makes it real easy to pass the fakes. (Of course counterfeit dollar coins would probably pass just as easily.)
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