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Bedrock of the Community
13014 Posts |
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Half dollar not circulating: What gives? Size is probably a big factor here, but more importantly it just really wasnt necessary. Once you could stop buying things with change you didnt really need the 50 cent piece. Quarters you could at least use in gumball machines or video games where the halfs would basically just be for buying stuff from stores which all you could get with that is pretty much a pack of gum and not even the large pack Quote:
This is hobby site, not a political action forum to kill the dollar bill.
Drop it already. And if you notice most of those threads get created by new members who may or may not have seen the last ones. Theres no reason to be rude to them and ignore it because its been discussed before. No ones forcing you to click on threads and read through them. If you dont like something or it doesn't interest you thats fine, just ignore that tread Edited by basebal21
02/18/2013 03:07 am
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Pillar of the Community
708 Posts |
Well, I believe that, now that arcade games, toy cranes, and gumball machines are costing a half now, instead of a quarter, vendors should retool and upgrade their machines to take halves, due to two facts:
1. The vendors will spend less time emptying their half tube than they do, emptying their quarter tubes due to the amount of coins being used is cut in half. (No pun intended)
And 2. Using quarters as in, multiple quarters, makes it a two or even three times the chance of a machine jamming up. (Yes, I have seen toy turn-knob machines that take 75 cents, which I find to be rediculous in price, but you should still be able to use one half and one quarter, instead of putting three quarters in the dang thing, or might as well bump it up to a dollar coin for the 75 cent machines so that you could use one coin and not lose money. I lost a nickel that I accidentally dropped in the "two quarter" side (there was a one quarter slot and a two quarter slot), and a quarter that went through the same space and I lost it that way, so I lost a total of 30 cents which may not be much for me, but if the machine eats up a bunch of other people's coins that way, its certainly going to add up fast, so make a half or a dollar machine and to heck with the 75 cents deal)
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Pillar of the Community
United States
1208 Posts |
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No ones forcing you to click on threads and read through them. If you dont like something or it doesn't interest you thats fine, just ignore that tread
The original post was not about doing away with the dollar... ? The poster pushing that agenda in this thread has 200+ more posts than I do. No newbie bashing on my part, nor was I the one to get off topic. Edited by ratio411
02/18/2013 10:21 am
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Bedrock of the Community
13014 Posts |
The original post clearly asked Quote: Recently I read an article on Coin World that they ordered Presidential dollars to a halt. Any opinions on this subject? |
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Bedrock of the Community
United States
17884 Posts |
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This is a message to the people at the mint. I've always said the reason you rarely ever see half dollars and even dollar coins in circulation. Is because there is no spot in the cash register. I don't consider this to be a valid argument. Some register drawers only have four slots, but the majority have five slots and some have six. A five or six slot drawer does have room for either halves or dollar coins. Get rid of the cent and a four slot drawer does as well. |
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Pillar of the Community
United States
4867 Posts |
I think its funny people actually refuse the dollar coins when they receive them in change. What if said store didn't use dollar bills? Would they want 4 quarters instead? Consumers are too fickle. Money is money. The consumer should take the change that is given to them and stop being so upset about it and move on.
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Moderator
 United States
188320 Posts |
Focus, people. Focus.  Quote:
Half dollar not circulating: What gives? The Kennedy half dollar came out. It was both a "commemorative" and the last circulating silver coin (until 1971). People were hoarding them. "Two quarters" stepped up to take its place. The end.  |
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Pillar of the Community
United States
2311 Posts |
jbuck, and Kennedy's way more than quarters. "Let me share some stories here" Before I knew anything about coins, I was about 9. My dad would somehow get Kennedy's and give them out to us. WE NEVER saw one before. So the first thing we did was SAVE it. We thought they were cool to own. So about 3 years later. He started getting dollar coins. They were so cool to see! And since we never seen them before we saved them too. I know I spent the Kennedy's though. I got bored of them so one day so I used them. My dollar coins I don't know what happen. I also spent a Buffalo nickel. I didn't know what it was worth or how rare. I was about 11 when I spent the Buffalo nickel. But now I understand about coins way much better and don't spent my coins. I had some dollar bills my Mom was saving for me. I never got to see them much. I know they had red on them. They weren't just any dollar bill. I think some kind of special ones. I never found out what happen to them. They been put away for like 5 years or so. But this was when I was 8 my mom showed them to me. She said they were rare I think. I knew better not to take them and spend them. But I think my brothers might have spent them or they are hidden somewhere. But in 2009 my mom died from cancer. So I won't ever be able to ask her. Edited by solotime
02/18/2013 3:23 pm
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Pillar of the Community
United States
1227 Posts |
Ratio, 'nuff. You are generalizing--I happen to love dollar coins and so do a lot of people here. That's hardly "nobody." And "the system we have is fine" until you realise that system is bleeding money and a large part of the problem is that our coinage needs changed and revalued so it doesn't cost more to make than it's worth.
Moving on to halves: I think the reason is because they, like the $2, are not well-circulated to start with (it's a round robin, in other words). You never see merchants handing them out unless we get them in from customers. And yet, when I DO have them to hand out, you'd be stunned how many people are a lot more cheerful about getting a half, a quarter, and two dimes than they are about three quarters and two dimes (or about a half and three pennies than a handful of coinage). I've had people turn away baby dollars, but NEVER a half--and I've even had customers request halves in change when they know I have them, even though they know perfectly well I'll have already gone through them for silver.
Get it readily back out there and I believe it would circulate.
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Moderator
United States
188320 Posts |
solotime, when I was eight my dad gave me two Eisenhower dollars. Like you, I had never seen them before, either! This event is what started my interest in coins and coin collecting. 
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Pillar of the Community
708 Posts |
The advantage of the half, along with the disadvantage of the dollar coin is that, a half has no 50 cent bill to compete with, as I have always said. The fact of the half being a "fractional" denomination may also help the half with its circulation. But with the dollar, people want something that seems like a DOLLAR (a $1 bill) not "change" Just like with the $2 bill. $2 bills are more widely accepted than dollar coins because they are a bill and NOT a coin and there are no U.S. $2 coins, or in other words, "change" like I have said about the $1 denomination.
However, if the U.S. government ever tried to replace the little used $2 bill with a $2 coin BEFORE replacing the $1 bill with a $1 coin, I wonder if people would complain or not. I've wondered this for years.
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Bedrock of the Community
13014 Posts |
Quote:
Well, I believe that, now that arcade games, toy cranes, and gumball machines are costing a half now, instead of a quarter, vendors should retool and upgrade their machines to take halves, due to two facts: Most of them are, but I dont think the older ones could take halfs. A lot of the machines it really wouldnt be economically viable for an owner to replace and are just still around because their paid off so nothing would really change with those. The only real arcade place I can think of is Chuck E Cheese besides the couple games at the movie theater and theaters arent swimming in cash right now with dvds and video on demand. Quote:
However, if the U.S. government ever tried to replace the little used $2 bill with a $2 coin BEFORE replacing the $1 bill with a $1 coin, I wonder if people would complain or not. You wouldnt hear a word because no one would even know it happened. You may get a 2 dollar bill from a coin dealer but unless you ask for it at the bank thats about the only place youll find one. |
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Pillar of the Community
United States
1796 Posts |
Around here, dollar coins circulate a heck of a lot more than $2 bills (every supermarket has at least a few $1 coins in their tills) and halves and $2 bills are just about as rare as one-another "in the wild."
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Pillar of the Community
708 Posts |
Bm0ney,
Thats a neat set up, and it would work nicely if you Canadians ever did go to the $5 coin, and yes, I have heard it will be called the "Foonie" even though, since the Candian government was comsidering a golden ring around a silver center (opposite of their $2 coin) and since it would be worth $5 and have that "golden ring" around a silver center, I propose calling it a ""Five Golden Rings" (-;
Oh and, what bills do you have in the three bill slots? $5,s $10s and $20s? Why not $50s in the forth bill slot? Too much risk of robbery? And why not use one of those vacant coin slots for the Candian half? Do people reject halves there, if you try to hand them out?
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Valued Member
 United States
213 Posts |
Well that's what I think. I have no problem with there being a half dollar, it's just the way they are circulated that needs to change (no pun intended).
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Replies: 70 / Views: 7,146 |
First Page
Posted 02/18/2013 02:42 am
