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 Replies: 20 / Views: 3,316 |
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Pillar of the Community
United States
5841 Posts |
I've been paying my 6-year-old son in modern Sacagawea and Presidential dollars (allowance, visits from the Tooth Fairy, good report cards, etc.) as well as periodically swapping his pennies, nickels and quarters for them. This way he can easily tell how much money is in his piggy bank. Plus, having a stack of "gold" dollars looks pretty cool when you're only six years old. Yesterday, his school was having a "Rudolph's Store" event where kids could bring in money and pick out gifts for family and friends. Each available gift cost $2 and the school volunteers wrapped everything for the kids. My son wanted to buy 10 gifts and, since they were supposed to be gifts from him, I told him he would need to bring some of his gold dollars to pay for them. When he got home after school, he told me that the teacher in charge didn't want to let him spend his money since she had never seen anything like them before and assumed they must be old and valuable. Fortunately, he was able to convince her that it was just normal money. Just think what would have happened had he brought in some of his Susan B. Anthony or Eisenhower dollars, though... I understand that the golden dollars aren't especially popular, but I can't believe that supposedly educated people wouldn't even know what they are. |
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Moderator
 United States
14463 Posts |
That's almost as odd/crazy as some cashiers calling managers over to check on strange bills with small pictures. Before long a "green" bill will become the exception.
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Pillar of the Community
United States
1510 Posts |
people just dont think about coins like we do...
Retired USAF 1983-2003
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Pillar of the Community
United States
1817 Posts |
I give her kudos for honesty, I'm sure she has had or known of kids that bring in their dad's coin collection to buy stuff in the school sales, and the unscrupulous ones will easily relieve the kid of the coins at face value. "Old and valuable" would hardly be mentioned in the same breath with the Prez Dollars, so that's a new one. Lucky she didn't think they were worthless gasoline tokens! It would have been simply easier to swap your kid's stack of golden dollars for a couple of good old American greenbacks, because everybody recognizes those.
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Moderator
United States
23522 Posts |
So your 6-year-old got to teach his teacher something. It doesn't get any better than that.  |
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Pillar of the Community
 United States
5841 Posts |
Quote:
It would have been simply easier to swap your kid's stack of golden dollars for a couple of good old American greenbacks, because everybody recognizes those. Well, sure... but where would be the fun in that?  |
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Pillar of the Community
United States
8904 Posts |
I tell my kids if they ever want to spend any of the different/special coins I've given them (Sacagaweas, Ikes, Presidentials, State Quarters, etc.), come to me first and I will buy back those coins and give them good old green folding money for their spending needs. So far, so good! |
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Rest in Peace
United States
1729 Posts |
I dunno. Every time a new prez dollar comes out, I buy two rolls, extract one with the fewest bag marks on it for my collection, and spend the rest. No one has given them much more than a second glance, probably just to make sure that I wasn't trying to pass off a quarter as a dollar, and then slapped them into the cash drawer. On the other hand, teachers don't get to handle cash very often ...  |
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Valued Member
United States
297 Posts |
This happens to me 75% of the time when I try to spend my Kenndy halves I have from roll searching at the gas station, Wendys, McDonalds, Walmart, the gorcery store you name it. I now know why half of the world dislikes the US. This last generation or 2 has gone downhill quickly in terms of knowledge and effort just looking for a free handout (and I am only 34 and here I am ranting like a crazy old loon) |
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Valued Member
United States
208 Posts |
I'm not sure whether to laugh at the teacher, or applaude her honesty. Either way good story, thanks for sharing!
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Pillar of the Community
United States
917 Posts |
I remember when I got my first SBA from my dad, who got some at a car wash, I bought it in for my second grade class's show and tell. The teacher knew what it was, but didn't remark to me if it was valuable or not. I was seven years old at the time, and I thought it was interesting looking, not valuable. Now, fast forward 14 years later, I spend SBA's left and right, and sometimes educate people as to what they are (but that's very rare). |
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Bedrock of the Community
Australia
21786 Posts |
Why is it that most Americans don't like the modern gold colored coins?
Perhaps the best thing would be to simply withdraw the Greenback dollar from circulation. Coins are much cheaper to produce, considering their circulation lifespan.
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Moderator
United States
14463 Posts |
Quote:
Why is it that most Americans don't like the modern gold colored coins? just guessing/commenting here: We Americans are a strange lot. We love everything modern, new, and flashy, but we are creatures of habit. We probably won't be stopping the greenbank dollars in the near future. The newest generations use online bill-pay, debit/credit cards a lot, but the older generations still like to have dollar bills in their hands/wallet/purse. In comparison, dollar coins are much heavier than dollar bills. Most drawers in cash registers and most vending machines don't accept the dollar coins. Guessing: the greenback dollars will probably be around for 50+ more years.  Edited by Fuzzy317
12/03/2011 10:50 pm
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Pillar of the Community
United States
651 Posts |
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Bedrock of the Community
Australia
21786 Posts |
Maybe a show 'n tell with a silver Morgan as well. It is that kind of coin which gets kids interested, and follow up in later years as enthusiastic collectors.
That is that sort of situation that got me started into coin collecting as a kid.
I am certainly aware that Americans have great interest in their heritage, and some genuine hardware with real value to relate to, helps.
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Bedrock of the Community
United States
20753 Posts |
Quote:
Why is it that most Americans don't like the modern gold colored coins?
Perhaps the best thing would be to simply withdraw the Greenback dollar from circulation. Coins are much cheaper to produce, considering their circulation lifespan. To much of a change for us I think. 1. On commuter trains no conductors have a coin changer that takes Halves or those baby sized dollars. 2. So far I've never seen a cash register with a space for baby sized dollar coins. 3. A freind of mine has a vending machine buisness and none of his machines takes those baby sized dollar coins 4. So few baby sized dollars are used in circulation people get into all kinds of arguaments trying to use them. 5. To heavy to carry 10 of those instead of a $10 bill. To heavy to carry 100 of them instead of a $100 bill. To heavy to carry 1,000,000 of them instead of ? 6. People just don't like them. It's not the color as much as people just sort of think a dollar should be bigger. Changing Americans is not easy. For example the metric system. Remember many, many years ago when we were told to change to that? Still trying. Edited by just carl
12/05/2011 10:35 am
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Replies: 20 / Views: 3,316 |
Posted 12/03/2011 12:41 pm
