Old George's Not Done For Yet! - Coin Community Forum

To participate in the forum you must log in or register.

Author	Replies: 8 / Views: 1,622
Lucky Cuss Pillar of the Community United States 4883 Posts	Posted 07/30/2019 9:04 pm Over the years, the government has done all they could to promote the use of $1 coins (to no avail). Well, did anybody happen to see the Government Accountability Office's press release from earlier this year in which they've reversed a longstanding advocacy for a $1 coin, and now actually recommend retaining the $1 note owing to its improved durability? See: https://www.gao.gov/products/GAO-19-300 Colligo ergo sum Edited by Lucky Cuss 07/31/2019 07:45 am Report this Post to the Staff

spru Bedrock of the Community United States 12477 Posts	Posted 07/31/2019 01:10 am *Government Accountability Office In Memory of Crazyb0 12-26-1951 to 7-27-2020 In Memory of Tootallious 3-31-1964 to 4-15-2020 In Memory of T-BOP 10-12-1949 to 1-19-2024 Report this Post to the Staff
SteveInTampa Pillar of the Community United States 4637 Posts	Posted 07/31/2019 02:24 am I believe the added longevity of our paper currency is partially due to the increase of the public using electronic payments over cash transactions. This debate comparing one dollar coins versus one dollar notes is both long lived and ultimately decided by the public which has said they would rather carry paper money over coins. Electronic bank payments through debit & credit cards has almost eliminated the need for checks. Report this Post to the Staff
cashhound Pillar of the Community United States 800 Posts	Posted 07/31/2019 08:13 am Quote: . . . added longevity of our paper currency is partially due to the increase of the public using electronic payments over cash transactions. Report this Post to the Staff
oriole Pillar of the Community Canada 5246 Posts	Posted 07/31/2019 08:16 am For the same amount of circulation, coins do last longer. I recall reading some studies on that. That is one reason Canada switched over to coins. If there is no circulation, anything will last forever. Report this Post to the Staff
CitationSquirrel Pillar of the Community United States 1026 Posts	Posted 07/31/2019 09:02 am Thanks for posting Lucky Cuss. Report this Post to the Staff
jbuck Moderator United States 189340 Posts	Posted 07/31/2019 11:40 am This is old news, but I cannot find the original topic from March. I will let this one remain open for now. Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
SteveInTampa Pillar of the Community United States 4637 Posts	Posted 07/31/2019 1:09 pm Article (thread) from BadDog written in April. http://goccf.com/t/344848 Report this Post to the Staff
jbuck Moderator United States 189340 Posts	Posted 07/31/2019 2:40 pm Thank you Steve! My Google-fu was off this morning. Let us continue there. http://goccf.com/t/344848 Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
	Replies: 8 / Views: 1,622

To participate in the forum you must log in or register.

All Forums Category: US Coins and Currency Forums Forum: US Paper Money and Banknotes

The First Dollar, your premier source for bullion and rare coins. See our bullion list on the site and the coin inventory on ebay.

Silver Gold Bull US is the United States leading bullion dealer. We deliver gold coins, gold bars, silver coins, silver bars and precious metals to your door. Order today!

View Last 100 New Topics

View Last 100 Active Topics

Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us | Advertise Here | Privacy Policy / Terms of Use

Coin Community Forum

It took 0.34 seconds to rattle this change.