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Replies: 19 / Views: 2,800 |
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Pillar of the Community
708 Posts |
Should Susan B. Anthony dollar Coins be left in circulation if the $1 bill is eliminated? I was just curious, because I actually hated the SBA at first, but grew to love it, so, what I think they should do, is, cull all Sbas from circulation, brass plate them with the Golden Dollar brass (similar to the copper plated zinc pennies) and release the "new" (yet not so new) Golden SBAs into curculation. I know that there may still be some problems in poorly lit places, or for the blind and visually impaired to tell the "Brass Suzies" from quarters, but I just can not see the U.S. Mint melting down a bunch of perfectly good dollar coins. Heck, even keeping the SBAs "silver" colored would be cool, even if a bit confusing at first, as I am sure people will get used to them in time, and wouldn't it be neat to have both, silver and golden colored dollar coins here in the U.S.? SBAs may stick around for a while anyway, just as the even older, Ikes are. But at least the SBAs work in any vending machine that will take the brass bux. This one guy claimed that, if the $1 bill goes, all SBAs will be culled from the GDs and sent to other countries that use the U.S. Dollar as their currency, and some will be sold to collectors, and the remainders will be melted down and recycled, which I really don't want to see happen. Whats your take on the issue?
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Bedrock of the Community
13014 Posts |
If the bill went I dont see why they would be melted or culled from circulation. Theyre already made and have no bill would bring increased demand on the Presidential dollar coin reserves as well as the obvious need for a dollar coin. Whether the SBAs would be used here or overseas theyd certainly have a use for them. I personally wouldnt plate them either. I like the pres dollars but I'm not a fan of the gold, they tone so ugly and turn a weird color when used a lot from a couple I've seen. Plus the whole idea of a dollar coin is to save money, giving the mint that new task cuts into that and as far as I know theyve never actively made coins uniformed to a new series. Silver coins arent plated in clad to have the same appearance. What was his reasoning for the culling and melting? I vote for leave them be and let them roam free
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Pillar of the Community
 708 Posts |
I don't know the reason for culling and melting, unless the U.S. just doesn't want a dollar coin in circulation that looks a lot like a quarter. And I have read and heard that there is a fair amount of SBAs mixed in with the Prez and Sac Bux at the Federal Reserve vaults.
I believe the reason they wanted that golden color to turn so "ugly" is so that you can tell the dollar coin from a quarter even better, but there was talk years ago, about changing the metal composition in the brass currently used in the GDs so that they would not turn as dark and retain a shinyer look, but I kind of think the darkness of the dollar coin is a good thing, because I sometimes feel that I can make a mistake seeing a shiny GD, next to a shiny silver colored quarter. Just my opinion.
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Pillar of the Community
United States
7840 Posts |
I don't see why not, other than what has been stated earlier about the size comparison with the quarter. There will/should be a spot in the till for them. I always that that the SBA (Carter Quarter) looked like Washington with a hangover. I know that's an insult to Washington. I wonder how it would cost to electroplate them? 
Edited by oih82w8 03/22/2013 08:20 am
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Pillar of the Community
United States
624 Posts |
The SBA is one of the ugliest (of course my opinion) minted coins in U.S. history. However, ugly is not a reason to pull the coins from circulation. I would love to see a new dollar coin minted as an act of national pride. I'd love to see a return to the classic designs of the late 19th and early 20th century. The last two dollar coins have been disappointing to say the least...
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Pillar of the Community
United States
1109 Posts |
I like the idea of the Presidential dolalr series for coins, and as stated previously, the SBAs were not my favorite coin in the past but have definitely grown on me. However, I think we're still making the same mistake we made with the size of the SBA when we made the Sacagawea dollar. The golden coloring does turn a nasty tarnished brown very fast, and again, it's a dollar but nearly the size of a quarter. If you're gonna do that, may as well make all coin change similar in size since apparently size doesn't matter (note: I do not think we should do this). Idunno, I rant. We need a major overhaul of our coin designs and need to shake it up a bit. Our designs are lacking.
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Bedrock of the Community
United States
12437 Posts |
Quote: cull all Sbas from circulation, brass plate them with the Golden Dollar brass There are some very serious technical issues with your proposal. Golden dollars are clad, not plated, so there is no process in place to electroplate SBAs. Electroplating a coin(or anything for that matter) requires a clean surface so every single SBA would have to be thoroughly cleaned first, adding additional cost to the procedure. Currently, the electromagnetic signature for an SBA and golden dollar are identical. Electroplating a cupronickel SBA with brass would change its electromagnetic signature, rendering it useless for vending applications. It would be pointless to melt SBAs since the Treasury would actually lose money do so, their face value by far exceeds the melt value. The population of currently-circulating SBAs is already fairly low so it is not like there is a massive surplus of them like the Pres dollars. Low inventory levels were the reason why SBA production was cranked up again in 1999 after the longest break in history for any US coinage series, there was simply not enough left to meet commercial needs(primarily USPS stamp vending machines and mass transit ticket machines).
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Moderator
 United States
188001 Posts |
I see no reason to pull them, they work just like the golden dollars.
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Pillar of the Community
United States
899 Posts |
I agree with many others here - there is no reason to do anything to the SBA - just start spending them. The easiest way to do that would be for the government to stop printing new dollars and say we are done.
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Moderator
 United States
188001 Posts |
Quote: The easiest way to do that would be for the government to stop printing new dollars and say we are done. 
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Valued Member
United States
144 Posts |
I received a SBA dollar coin in my change today at the post office.
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Pillar of the Community
 708 Posts |
biokemist6, I know that the GDs (and SBAs) are "clad" coins, and their electromagnetic signature matches the the GDs. I just thought that a thin layer of GD brass would keep the SBA's Mahnetic signature the same, seeing as the brass works the same on the GDs themselves) My only concern was that the GD brass plated SBA's plating would make them too much heavier to work the same as a true GD, but I'm not sure. I do know that, at one time they were talking about 24 karat gold plating SBAs to be the next dollar coin, way back in the 1980s or 1990s (not sure, its been years, possibly decades) but the problem was, no vending machine would accept ANY coin with real "gold" on it. Some coin company was selling 24 karat gold plated SBAs for a while. Oh, and by the way, I heard that "electro" plating doeen't even use a metal to plate the base metal, and that it was something else done to the metal to make it "look" plated. Is that true? Or does electroplating actually use metal to plate base metals?
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Pillar of the Community
United States
5205 Posts |
The SBA are to hard to tell apart from quarters at a quick glance for cashiers. The gold (now blackened or some other horrible shade of NOT GOLD after a month in circulation) dollar coins are easier to tell what they are a ta quick glance. Since I try to spend halves and dollar coins I get from rolls before I have to turn them back in to the bank to get a new hauls worth I have gotten all kinds of questions from cashiers as to "are these real, what are these, etc" and even had a few count out the halves as if they were dollar coins and had to correct them so as not to rip the store off and the SBA dollars really throw them off mainly due to their size.
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Pillar of the Community
United States
1796 Posts |
Aye although SBAs were an utter failure, there is no good way to "retrofit" them so that they are less confusable with quarters (as the golden dollars are). They'll just have to spend time in circulation until they are culled naturally and golden dollars supplant them completely. Currently, they only represent a small fraction of circulating dollar coins as it is so it's already happening.
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New Member
United States
32 Posts |
I tend to agree that the SBA's were a dismal failure, however I don't see that as being enough of a reason to pull them from circulation, besides maybe I'll get lucky and find a 1979P wide rim in my change. I would also like to see an American version of the Toonie as I think that particular Canadian coin is the most attractive circulating coin out there.
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Pillar of the Community
United States
1109 Posts |
I bought five halves at the gas station today (turned out to all be clad) and the cashier asked, "What are they?" I told him it is a half dollar. He then asked, "How much are they worth?" I totally could have said "A quarter." It's a coin, dude. It tells you what it's worth right on it. I call that a clue.
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Replies: 19 / Views: 2,800 |