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Legislation Introduced (Again) To Do Away With $1 Prez Coins

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CelticKnot's Avatar
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 Posted 01/15/2015  12:30 pm Show Profile   Bookmark this topic Add CelticKnot to your friends list Get a Link to this Message Number of Subscribers
Saw this article today. Another politician who has no idea what he's talking about.

http://www.coinnews.net/2015/01/14/...senate-bill/


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Kefiroth's Avatar
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 Posted 01/15/2015  1:09 pm  Show Profile   Bookmark this reply Add Kefiroth to your friends list Get a Link to this Reply
Even though the Pres $1 are, in my opinion, numismatic abominations devoid of any artistic merit, the notion that discontinuing the program (especially this far into it) will save the government any substantial amount of money, is rather ridiculous.

However, I'll applaud any effort that keeps Nixon's ugly mug off of US coinage.
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Finn235's Avatar
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6130 Posts
 Posted 01/15/2015  1:21 pm  Show Profile   Bookmark this reply Add Finn235 to your friends list Get a Link to this Reply
Is that really the portrait they're using for JFK? Seems an odd choice for the "pretty boy" president.

But on the topic, this sounds like a rookie politician just trying to get his name out there.
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carmykle's Avatar
United States
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 Posted 01/15/2015  2:05 pm  Show Profile   Bookmark this reply Add carmykle to your friends list Get a Link to this Reply
Let the program die of natural causes. My grandsons will thank them.
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jbuck's Avatar
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 Posted 01/15/2015  2:33 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Buy a clue, Senator David Vitter of Louisiana. The real problem is the one dollar note, which is the real waste of taxpayer money.
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KevinH's Avatar
United States
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 Posted 01/15/2015  5:07 pm  Show Profile   Bookmark this reply Add KevinH to your friends list Get a Link to this Reply
Someone should tell Senator Vitter that "working girls" will take Presidential dollar coins at par with paper currency.
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ChildOfTheWheat's Avatar
United States
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 Posted 01/15/2015  6:26 pm  Show Profile   Bookmark this reply Add ChildOfTheWheat to your friends list Get a Link to this Reply

Quote:
However, I'll applaud any effort that keeps Nixon's ugly mug off of US coinage

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MeadowviewCollector's Avatar
United States
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 Posted 01/15/2015  7:09 pm  Show Profile   Bookmark this reply Add MeadowviewCollector to your friends list Get a Link to this Reply
ROFL how can the Senator be a rookie he's been in office since 2005

Let the program finish out and then stop it along with the Sacagawea dollar. Eliminate the paper dollar and FORCE the use of the billions in vaults. If and when the supply is critically low THEN strike more.

My Two Cents on this.

-MV
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CelticKnot's Avatar
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 Posted 01/15/2015  8:46 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
If I'm not mistaken the collector versions (and only versions available) of Pre$es and Sac$ and Kennedy half dollar$ are completely funded by us, the collectors. So how would eliminating that save (other) taxpayers money?

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 Posted 01/15/2015  9:03 pm  Show Profile   Bookmark this reply Add Groszy to your friends list Get a Link to this Reply

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However, I'll applaud any effort that keeps Nixon's ugly mug off of US coinage

Hey now! I want ROLLS of them. Apart from ending Bretton-Woods, rather than fixing the problem, he was our greatest president.
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skyshark124's Avatar
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 Posted 01/15/2015  10:16 pm  Show Profile   Bookmark this reply Add skyshark124 to your friends list Get a Link to this Reply

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Buy a clue, Senator David Vitter of Louisiana. The real problem is the one dollar note, which is the real waste of taxpayer money.


You beat me to it. It astounds me that people look at the issues and say "Option A saves only half of what Option B would save, but A is clearly a good idea that will save money! Woohoo, look, saving money!" The dollar coin is a far better option if looking at it from a cost/benefit perspective. Cancelling the note in favor of the dollar is the true cost saver.
Edited by skyshark124
01/15/2015 10:17 pm
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coin_kid's Avatar
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 Posted 01/15/2015  10:38 pm  Show Profile   Bookmark this reply Add coin_kid to your friends list Get a Link to this Reply

Quote:
Let the program finish out and then stop it along with the Sacagawea dollar. Eliminate the paper dollar and FORCE the use of the billions in vaults. If and when the supply is critically low THEN strike more.


Couldn't have said it better myself.
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SteveCaruso's Avatar
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1796 Posts
 Posted 01/15/2015  11:49 pm  Show Profile   Bookmark this reply Add SteveCaruso to your friends list Get a Link to this Reply

Quote:
Let the program finish out and then stop it along with the Sacagawea dollar. Eliminate the paper dollar and FORCE the use of the billions in vaults. If and when the supply is critically low THEN strike more.


I endorse this plan of action as it's the most efficient I've heard.

Killing the bill must be ensured for it to work though.
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jbuck's Avatar
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187702 Posts
 Posted 01/16/2015  10:38 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Let the program finish out and then stop it along with the Sacagawea dollar. Eliminate the paper dollar and FORCE the use of the billions in vaults. If and when the supply is critically low THEN strike more
I like this idea, but we will probably find that supply running out rather fast. There is no need to quit minting the Native American dollars.
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 Posted 01/16/2015  11:15 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
I didn't know they were still making those things anyway. I don't know anyone that saves, uses or even mentions them.
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