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Actually Spending Dollar Coins

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 Posted 07/13/2016  5:04 pm  Show Profile   Bookmark this reply Add jbuck to your friends list
Or we could just do a virtual shift by eliminating the cent and nickel while replacing the one, two, and five dollar notes with coins. The dime is the new cent, the ten dollar note is the new "single."
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 Posted 07/13/2016  5:17 pm  Show Profile   Bookmark this reply Add Alpha2814 to your friends list
... although, as much as I love coins, I see us only "needing" three coins (5¢, 25¢ and $1) and three notes ($5, $20 and $100).

Make the new 5¢ dime-or-cent sized the make them profitable again, while losing the current 1-, 5- and 10-cent designs.
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 Posted 07/13/2016  5:28 pm  Show Profile   Bookmark this reply Add jbuck to your friends list
We might be able to save the nickel with a composition change (which cannot be said for the cent), but it only delays the inevitable. I would much rather see the cent and nickel go NIFC.
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 Posted 07/13/2016  6:06 pm  Show Profile   Bookmark this reply Add jaxenro to your friends list
If they force people to switch to a dollar coin instead of a dollar bill it will remind them just how worthless the dollar actually is. Not something the government wants to do. Psychologically bills just seem worth more than coins to US Americans and who in government wants to remind them what they have done to the dollar?
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 Posted 07/13/2016  6:55 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list

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Wrong! The Constitution gives the government (Congress) the authority to coin money. It says nothing about having a right to a one cent coin or a one dollar note. If they want us to get rid of the cent and force us to use one dollar coins they certainly can! The one dollar note did not even exist until the founders were long dead and buried.


True and false. Semantics vs theme/meaning/limitations imposed by the Constitution.

They have the authority to make our medium of exchange - which is technically written as "coin." I personally don't play games of semantics to create validity for a point. If bills had been the medium of the day, would the wording used have been "produce" instead of "coin?" We don't know.

Unlike modern programming of the last 40 years or so though, the PEOPLE set up the government as the PEOPLES' SERVANT. The PEOPLE have made it VERY clear they don't want dollar coins nowadays. The government coercing in the form of medium is against the spirit of what America was founded on.

To me the issue is one which has never been answered despite asking it. Why on earth would any American want the government to force us to use what the masses have said they don't want - especially when there are other, viable options proven to save money such as polymer notes? Do those advocating this CRAVE government coercion that much? There are plenty of other countries which will gladly oblige. The American spirit of what government is supposed to be and do is much more precious, important, and costly to throw away over my own personal preferences.

The issues put forward such as tax dollar savings, weight issue, etc. have all been thoroughly handled before in threads of this nature. Do the homework... its here on CCF...

Weight is, was, and will be an issue - rely upon past findings on this subject (posted on CCF even), not personal desires.

Costs for the common man will go up due to services increasing costs, the psychological issue of a dollar becoming just "pocket change" etc. History has proven these cost increases, and the facts behind the increases is documented in former threads where I did the research and also took polls from the Canadians who went through this years ago (as did I by living close to Canada and frequented there).

Some - not near what the government study said, tax dollars are saved but the problem was they did not include hidden costs such the natural devaluation of history during the time of the changeover,
and costs of mass transporting metals vs paper. Again, personal costs go up while fewer-than-stated tax dollars, on paper, are saved to be wasted on other government spending.


Like I said - its all on CCF from past threads. Relying on opinion is not optional when facts are desired. And one more thing that is on CCF is the cost per person of the wasted money in the unwanted dollar coins already minted and not being used. The grand toital loss to each of us was 6 cents. Just one gallon of gas can fluctuates by this overnight sometimes - so the personal cost of gas from one week to another costs likely 20 times (twenty gallon tank) what a one time loss of scrapping this metal would be.


It is all in previous threads.

Can they force us against our will? Yes... they can emulate socialist/communist/dictatorial systems and force us to do about anything. But American actually wishing for this is a sad thing when there are options which would allow the people to have their way.

Again, why would any American desire the government to force the people into something when there are proven alternatives that will keep the people having what they want and preserve a patriotic theme to the government's function and powers? I wish America was what it once was.

And... this point is where previous such threads have been shut down...
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 Posted 07/13/2016  7:11 pm  Show Profile   Bookmark this reply Add Lucky Cuss to your friends list

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And... this point is where previous such threads have been shut down...


The discussion rather took on an unintended life of its own, didn't it? If you look at my original post, really all I was looking to elicit was if and how people were using the various dollar coins and how their use was received.

Oh well, I tried....

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 Posted 07/13/2016  7:17 pm  Show Profile   Bookmark this reply Add Alpha2814 to your friends list
On that note... My first real experience with the Sacagawea dollars was at a toll booth on the San Mateo Bridge (San Francisco Bay). Handed two of them to the toll-taker. A couple of weeks later, I got a bill in the mail for the $2 I allegedly didn't pay plus a $5 fine. Apparently that guy didn't get the memo.
Edited by Alpha2814
07/13/2016 7:18 pm
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 Posted 07/13/2016  8:03 pm  Show Profile   Bookmark this reply Add Bryan78 to your friends list

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On that note... My first real experience with the Sacagawea dollars was at a toll booth on the San Mateo Bridge (San Francisco Bay). Handed two of them to the toll-taker. A couple of weeks later, I got a bill in the mail for the $2 I allegedly didn't pay plus a $5 fine. Apparently that guy didn't get the memo.




Ouch!!
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 Posted 07/14/2016  09:07 am  Show Profile   Bookmark this reply Add Conder101 to your friends list

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We might be able to save the nickel with a composition change (which cannot be said for the cent), but it only delays the inevitable.

You also have the problem that today nickels work in vending machines, Switch to a cheaper material (nickel plated steel or zinc) and you have all kinds of problems getting machines to accept both types of coin. Same size but significantly differnt weight and electrical characteristics.) Not saying it couldn't be done, but it would mean either reprograming or replacing the coin mechanism in every machine in the country.


Quote:
If they force people to switch to a dollar coin instead of a dollar bill it will remind them just how worthless the dollar actually is.

If you are over ten or fifteen years old you already know how worthless the dollar is. If you are past yor twenties you REALLY know. Refusing to change the coins or eliminate the dollar not isn't fooling anyone.


Quote:
Unlike modern programming of the last 40 years or so though, the PEOPLE set up the government as the PEOPLES' SERVANT. The PEOPLE have made it VERY clear they don't want dollar coins nowadays. The government coercing in the form of medium is against the spirit of what America was founded on.

True but sometimes the people can have what they want just because they want it. They want gas under a dollar, meat under a dollar a pound, free college tuition, free internet, back in the 60's they wanted the coins to stay the same size and still be silver even though it meant that all the coins the government provided would be melted down and sold as metal for a profit. Parents are supposed to provide for their children too, but you don't give them everything just because they jump up and down saying "I want it, I want it, I want it."

Having said that I will agree with you that going the polymer note route would be an acceptable alternative to replacing the dollar note with a coin.
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 Posted 07/14/2016  10:34 am  Show Profile   Bookmark this reply Add jbuck to your friends list

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Why on earth would any American want the government to force us to use what the masses have said they don't want?
We live in a Republic, free from the Tyranny of the Majority. Even if the majority wants a folding dollar instead of a coin, that does not mean it is the right thing to do.

Quote:
And... this point is where previous such threads have been shut down...
If I am being honest, it is usually right after your post gets carried away too far from the topic into the realm of the political.

Quote:
You also have the problem that today nickels work in vending machines, Switch to a cheaper material (nickel plated steel or zinc) and you have all kinds of problems getting machines to accept both types of coin. Same size but significantly differnt weight and electrical characteristics.) Not saying it couldn't be done, but it would mean either reprograming or replacing the coin mechanism in every machine in the country.
I said might for that very reason, but I did not want to get into the specifics. With that said, you are absolutely correct.

Quote:
True but sometimes the people can have what they want just because they want it. They want gas under a dollar, meat under a dollar a pound, free college tuition, free internet, back in the 60's they wanted the coins to stay the same size and still be silver even though it meant that all the coins the government provided would be melted down and sold as metal for a profit. Parents are supposed to provide for their children too, but you don't give them everything just because they jump up and down saying "I want it, I want it, I want it."



Quote:
Having said that I will agree with you that going the polymer note route would be an acceptable alternative to replacing the dollar note with a coin.
The only problem with that is we have no polymer lobby pushing it.
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 Posted 07/14/2016  12:49 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list

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Quote:
True but sometimes the people can have what they want just because they want it. They want gas under a dollar, meat under a dollar a pound, free college tuition, free internet



I see no validity in your comparisons. Please correct me if I am wrong. None of the things mentioned have viable, alternate solutions for the people to have their own way through their (servant the) the government.

The unavoidable costs of processing make no viable alternative to meat (etc.) becoming less expensive.

In fact, when government is involved, the prices skyrocket. One simple example is OH has no governmental milk board. I paid 1.35 a gallon and was told by the people I was visiting that this is normal cost. IN PA we have governmental involvement and its close to 4.00 a gallon - MOST of which the farmer (who the system was set up to protect in what was a much more agrarian society at the time) does not see.



Quote:
... back in the 60's they wanted the coins to stay the same size and still be silver even though it meant that all the coins the government provided would be melted down and sold as metal for a profit.


And JFK halves were an example of solving the problem for both parties by using 40% silver (although I have never heard this before as a stated public opinion - I missed it I guess). But after the appeasement was no longer needed, the silver was removed.

But the real issue is that people did not want a non-PM based currency since history had proven this always fails. But the government forced it, and in the process gained omnipotent control over money/power. We are having this discussion b/c of their changeover - values have seriously dropped.



Quote:
Parents are supposed to provide for their children too, but you don't give them everything just because they jump up and down saying "I want it, I want it, I want it."

Moot point. No real comparison here. The kids do not elect the parents to serve their best interests. We the people do. And kids are not experienced enough in life to come up with viable solutions for what life throws at them (this is the growing, learning process). A parent teaching a child discipline when there is no other best alternative is a far cry from a supposed freedom-loving people desiring governmental coercion rather than choosing a viable option which the majority of people prefer.

Being brutally honest, but with a , I would appreciate how the "I want it" mindset you mention is not exactly what people desiring the government to force dollar coins on us are unaware they are pushing.


A legitimate way of having the American people retain their own desires is to give the people their preference (polymer and PM - maybe even throw in devaluation). Remember again government coercion is expected by the PEOPLE (and We The People have given them the authority in the Constitution) when a situation will violate the rights of others - and this is what We The People elect them to do.

Or choose the apparent "B/c I want it" mindset which so far has been unable to explain why ignoring a viable alternative to favor government coercion is best.

If there were no more patriotic alternative, I would be in the same boat.

So again I ask for an answer as to why people would ever wish for government coercion when there is absolutely no need for it on this issue?







BTW... my personal feelings on the issue:
Would I spend a dollar coin? Sure - if its in my hand.

I love the Sac's. I don't like most of the Presidential ones.

Do I want them in change? No - I personally don't like carrying any change b/c I don't like my pockets full. Even my knife (part of a multi tool) hangs from my belt as did my keys when I used to drive.

But back to the question asked... why would American-minded people ever wish for government coercion when there is absolutely no need or call for it on this issue? I would like an answer relevant to the issues.

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 Posted 07/14/2016  3:25 pm  Show Profile   Bookmark this reply Add jbuck to your friends list

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I personally don't like carrying any change b/c I don't like my pockets full.
I think the heavy pockets argument is irrational. How many quarters are you keeping at a time and why is the dollar coin suddenly different?

I am a guy who never has more than four one dollar notes in my wallet at any time. It stands to reason that I would never have more that four one dollar coins, just as I never have more than three quarters. Maybe if we finally killed off the one dollar note, the two dollar notes might see more usage and your pocket would only have to suffer a single one dollar coin at any given time.


Quote:
I would like an answer relevant to the issues.
The answer has been given hundreds of times, the dollar coins cost the taxpayers less. I will concede that polymer is an alternative, but there are billions of one dollar coins just sitting there ready to use right now.
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 Posted 07/28/2016  10:52 pm  Show Profile   Bookmark this reply Add OspreyCoins to your friends list
I use them a lot because I hate Dollar Bills...
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 Posted 07/28/2016  11:00 pm  Show Profile   Bookmark this reply Add Fuzzy317 to your friends list
Combining dollar coin amounts from the Current and Previous Project 100K, I have spent a little over $29,000 in dollar coins.
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