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 Replies: 16 / Views: 3,650 |
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Pillar of the Community
United States
4867 Posts |
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Pillar of the Community
Canada
5324 Posts |
Just the cost of storage alone
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Moderator
 United States
188342 Posts |
They need to quit printing the one dollar note and flush these babies out.  |
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Pillar of the Community
Canada
5240 Posts |
It is amazing the waste created for political ends.
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Valued Member
United States
406 Posts |
If they need the space, they can feel free to send me a few truckloads, and I'll take care of getting them into circulation...
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Moderator
United States
188342 Posts |
Quote:
If they need the space, they can feel free to send me a few truckloads, and I'll take care of getting them into circulation... If they are going to keep the one dollar note for the long run, it might just be cheaper to do that that store them for another thirty years.  |
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Pillar of the Community
 United States
4867 Posts |
If you spend them they will just end up where they came from! I think it's asinine that legislators have a say on what coins to mint and how much must be minted. The US Mint needs more authority.
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Pillar of the Community
979 Posts |
I will gladly take them. Provided they can get them to me.
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Moderator
United States
23522 Posts |
Quote:
I think it's asinine that legislators have a say on what coins to mint and how much must be minted. The US Mint needs more authority. The system has worked fine, with the notable exception of Dollars, since the country was founded. It's part and parcel of the country's monetary policy, which ought to be under Congressional control. |
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Rest in Peace
United States
18456 Posts |
What a waste , I agree nobody wants them ; I can't remember the last time I got one in change .  |
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Rest in Peace
United States
17900 Posts |
The only way to use dollar coins is to quit making dollar bills.
But the production of billions of cents makes even less sense.
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Bedrock of the Community
United States
17884 Posts |
Quote:
I wonder what the numbers are now after the prez dollars ended? Probably not much more, maybe even less. Shortly after that article they stopped striking them for circulation, and there is a slow but steady draw down of about 6 million coins a month. So once they stopped making them for circulation and the banks could no longer order boxes of each new President they probably stopped flowing back to the Fed and now there is just that 6 million coin draw down. (The six million mostly go to large cities that use them in their rapid transit systems.) At that rate they will have to start making them for circulation again in about 15 to 20 years. |
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Pillar of the Community
United States
3323 Posts |
The coolest thing about these prez dollars is that you can take 30-40 of them and turn them into a Morgan dollar. "Nummi rari mira sunt, si sumptus ferre potes." - Christophorus filius Scotiae
Edited by Bump111
11/20/2017 10:01 pm
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Bedrock of the Community
 United States
12477 Posts |
It's funny how those lawmakers' opinions changed after they returned to the private sector. I read an interesting book on this the other day. It's called Two Dollars One Wallet. You should look it up.  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
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Moderator
United States
188342 Posts |
Quote:
The only way to use dollar coins is to quit making dollar bills.
But the production of billions of cents makes even less sense.  Quote: The coolest thing about these prez dollars is that you can take 30-40 of them and turn them into a Morgan dollar. I see what you did there. |
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New Member
United States
24 Posts |
Just got a James K Polk in change tonight after work.
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Replies: 16 / Views: 3,650 |
Posted 11/20/2017 5:55 pm
