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 Replies: 78 / Views: 11,775 |
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Pillar of the Community
United States
4867 Posts |
No! No! No! No more bloody dollar coins! They will never work until the paper note is eliminated. You'd think they'd learn from the Prez dollars since they had to cut mintages. Plus it's a waste of money producing these edge lettered monstrosities that nobody uses. I don't know about anyone else but I want smaller mint sets, not bloated ones that are overpriced!! http://mintnewsblog.com/2016/09/new...-1-coin-act/ |
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Pillar of the Community
United States
4963 Posts |
I agree. Either we don't do this or we kill the dollar note.
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Valued Member
United States
344 Posts |
" One coin would be released for each of the 50 states, the District of Columbia, and the U.S. territories, in alphabetical order". Whoopie  more coins with 50+ different designs ...  |
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Pillar of the Community
 United States
4867 Posts |
These multi-year/multiple design coin programs are getting out of hand. Enough already, it's time to get back to basics. And adding insult to injury, there are untold billions of these things sitting in government vaults and will likely never see the light of day. Why produce a coin that's just mostly gonna be sitting in a government vault? Talk about government waste! Anyways this type of series that has become a regular staple at the mint has really turned me off to many coin series I used to find enjoyable.
Edited by TheForce
09/19/2016 9:21 pm
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Valued Member
United States
424 Posts |
IMHO the main reason the statehood/territory/ATB has worked is because they are quarters. This is a denomination of coin that the masses use and are familiar with.
IMHO there is one way this coin will work for the general public, quit printing the paper dollar. Also, I think introducing a two dollar coin would be a cool addition.
IMHO there is one way that this would capture the attention of the coin colleting community, have a silver version for the silver proof set. Of course this would drive the price way too high for this already over priced set.
I hope this bill dies in committee. I have had enough pseudo-commemorative NCLT coins celebrating vague and/or obscure topics and/or sites for a while. Maybe if the mint and congress gave us a few years off then they could revisit the idea.
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Pillar of the Community
United States
624 Posts |
I could collect 56 more coins for each mint producing them...
an I the only one who likes the dollar coin? If world currency keeps inflating, dollars will be the new pennies eventually anyways. And once all coins below them are phased out they will make them smaller. Give or take 250 more years...
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Pillar of the Community
United States
4867 Posts |
Mayflower, I like dollar coins. I just don't like the idea of multiple designs and edge lettering. These two things really killed the dollar program for me. I enjoyed the Statehood/Territory Quarter program a lot. But it should have stopped after that an returned to the old quarter design or a new regular design. We didn't need yet another long term series like the ATB Quarters. Why not make changes to the half dollar? |
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Pillar of the Community
United States
624 Posts |
I disagree. I like the ATB's and the different dollar coins. But if there is a bulky coin we need to get rid of that is barely used it's the half dollars. I like the idea of trying to ramp up the dollar coins. Maybe too many designs, but I like the effort. |
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Pillar of the Community
United States
4867 Posts |
The effort seems futile. Like I said, there are billions of dollar coins sitting in vaults that will never see the light of day so the idea to keep minting them is pointless. I think it's years away for if and when the dollar note is done away with. Even if the greenback goes away it would seem mighty strange having old dated new dollars introduced into circulation from the vaults. How would we ever see a current dated dollar coin? As for the half dollar, I think ATB designs would be good on the half as it has a bigger field to work with to see more of the intricacies of the designs. |
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Pillar of the Community
United States
624 Posts |
You are absolutely right. I agree the designs would look much nicer on the half. Not just the size, but also the color of the coin. The dollar coins turn brown way too quickly. I wish they would bring back the SBA style clad dollar coin instead of the "gold" colored Sacagawea's. Although they would look nicer on halves, I just feel that as a coin to use in circulation is decades past being practical. |
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Pillar of the Community
United States
624 Posts |
And... if there are billions of dollar coins in vaults, then they can solve that problem by sending every last one of them to my house. I will gladly take them off their hands. :)
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Pillar of the Community
United States
4963 Posts |
I don't think a program with halves would ever gain popularity. Although neither halves nor dollars circulate as widely as quarters, I at least dollar coins circulating on a semi-regular basis, while I'm the only person I know who spends halves. I also would like to continue the current Kennedy half design- it's one of the only two coin designs that hasn't changed in the last 50 years. If you ask me, we should go back to the regular Washington quarter and stop minting all these new dollar coins. The treasury can release the ones it has in storage as needed- although they may be a few years old, it's a lot better than spending more money on more useless coins. |
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Bedrock of the Community
 United States
12804 Posts |
By the way... if this bill passes... it will be a 14-year program. Yikes.
I've read elsewhere that two of the bill's co-sponsors are from the state of Indiana, which has an operation producing the planchets for the dollar coins. I haven't done any research to validate that but if it's true, that explains part of this somewhat ill-conceived notion.
As a collector I don't mind the idea, but like Mayflower, I'm not a fan of the material choice of the current dollar coins and the tones they take after just a few short weeks in circulation. And, as others have said, until the dollar note is removed, these will just end up in collector albums and unspent in vaults.
Edited by CelticKnot
09/20/2016 12:02 pm
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Moderator
 United States
187446 Posts |
I like the idea, bring it on, but with one suggestion... There is no way this should pass into law unless there is an amendment to get rid of the rotten, low-down, good-for-nothing, useless piece-of-ignorance known as the one dollar bill.  |
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Pillar of the Community
Norway
1358 Posts |
I love the attempt to revitalize dollar coins. The more coins, the merrier. However, I don't give this a big chance, given how the Presidential dollar series ended (just a few issues of the last ones for collectors, but nothing released for circulation). Americans simply seem to hate dollar coins... When I was in DC recently, the metro stations had SmartPass machines with an explicit sticker telling that dollar coins were accepted there. Then you just know how bad it is with such coins... |
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Moderator
United States
187446 Posts |
Quote:
I've read elsewhere that two of the bill's co-sponsors are from the state of Indiana, which has an operation producing the planchets for the dollar coins. I haven't done any research to validate that but if it's true, that explains part of this somewhat ill-conceived notion. Yes, I think they are in Indiana. I posted it before, I just need to find the link.  Quote:
Americans simply seem to hate dollar coins... No, a complacent majority just prefers the one dollar note. Get rid of it and the dollar coins will circulate.  |
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Replies: 78 / Views: 11,775 |
Posted 09/19/2016 7:00 pm
