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Old February 11th, 2007, 5:22 PM   #1
 
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Default U.S. gov't to release new dollar coins

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WASHINGTON - Two recent efforts to promote wide usage of a dollar coin proved unsuccessful. But maybe Susan B. Anthony and Sacagawea should not take public rejection personally. It's not easy overcoming people's indifference to dollar coins, even those honoring such historic figures.

An AP-Ipsos poll found that three-fourths of people surveyed oppose replacing the dollar bill, featuring George Washington, with a dollar coin. People are split evenly on the idea of having both a dollar bill and a dollar coin.

A new version of the coin, paying tribute to American presidents, goes into general circulation Thursday. Even though doing away with the bill could save hundreds of millions of dollars each year in printing costs, there is no plan to scrap the bill in favor of the more durable coin.

"I really don't see any use for it," Larry Ashbaugh, a retiree from Bristolville, Ohio, said of the dollar coin. "We tried it before. It didn't fly."

A quarter-century ago, the dollar coin showed feminist Susan B. Anthony on the front; then one in 2000 featuring Sacagawea, the Shoshone Indian who helped guide the Lewis and Clark expedition.

The latest dollar coin will bear Washington's image, followed later this year by those of John Adams, Thomas Jefferson and James Madison. A different president will appear on the golden dollar coins every three months.

People have strong feelings about their money, even the penny, which occasionally is threatened with elimination.

When people were asked whether the penny should be eliminated, 71 percent said no, according to the poll of 1,000 adults conducted Nov. 28-30 that had a margin of sampling error of plus or minus 3 percentage points.

Some fear that getting rid of the penny will cause product prices to be rounded up, perhaps increasing inflation.

http://news.yahoo.com/s/ap/20070211/.../money_ap_poll

http://img66.imageshack.us/img66/9844/fullcoins2xk8.png
Would be interesting if a dollar coin actually became popular but I don't see it happening any time soon.
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Old February 11th, 2007, 5:25 PM   #2
 
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Government just stop printing them, and then one day there are none. No problem there then.
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Old February 11th, 2007, 6:34 PM   #3
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I really don't carry change. Don't want it dangling in my pocket....I don't even carry a wallet.
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Old February 11th, 2007, 6:44 PM   #4
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You guys are so behind us, we already have two dollar coins! images/smilies/tongue.gif images/smilies/canadian.gif
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Old February 11th, 2007, 6:51 PM   #5
 
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Originally Posted by epp_b View Post
You guys are so behind us, we already have two dollar coins! images/smilies/tongue.gif images/smilies/canadian.gif
That's funny images/smilies/lol.gif ....but I really don't see the point in a 2 dollar coin.
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Old February 11th, 2007, 7:12 PM   #6
 
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We have had £1 coins for ages now and £2 coins for quite a while too, seems to work well. I wouldn't really like £1 notes because sometimes I prefer just to have a bit of loose change on me and no notes.
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Old February 11th, 2007, 7:14 PM   #7
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They should make a $2.50 coin. I dunno why, but it would be awesome.
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Old February 11th, 2007, 7:14 PM   #8
 
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Originally Posted by Peter3hg View Post
We have had £1 coins for ages now and £2 coins for quite a while too, seems to work well. I wouldn't really like £1 notes because sometimes I prefer just to have a bit of loose change on me and no notes.
Yeah, we've had $1 coins in the past too. These are just new ones.
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Old February 11th, 2007, 7:46 PM   #9
 
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Make a Chuck Norris (enter various famous people here, IE Samuel Jackson) coin. People would really use them and want them atleast.

I don't know about a coin, I still like the good old dollar bill.
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Old February 11th, 2007, 10:01 PM   #10
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I hate carrying coins. I would much rather have a couple singles in my pocket than a few coins.

Anyway, coins are much harder to tuck into a stripper's G-string.
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Old February 11th, 2007, 10:02 PM   #11
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but I really don't see the point in a 2 dollar coin.
Why? Not so many annoying bills to carry around.
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Old February 11th, 2007, 10:20 PM   #12
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instead, you get even more annoying metal bits to carry.

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Originally Posted by Blind_Io View Post
I hate carrying coins. I would much rather have a couple singles in my pocket than a few coins.

Anyway, coins are much harder to tuck into a stripper's G-string.
just go straight for the slot images/smilies/wink.gif
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Old February 15th, 2007, 5:32 PM   #13
 
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Most US multi coin vending machines can not take a $1 coin.
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Old February 15th, 2007, 7:10 PM   #14
 
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http://img135.imageshack.us/img135/4007/this20thread20is20boring20dognu6.jpg
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Old February 15th, 2007, 10:55 PM   #15
 
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Stupid picture
It is not supposed to be an entertaining thread. It is for information and discussion. The sooner you realise that not everything in life is fun the better.
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Old February 15th, 2007, 10:59 PM   #16
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our smallest paper is 5€. We have 1c 2c 5c 10c 20c 50c 1€ 2€ coins over here......I hate change, I hate it so much when the wallet gets thicker and thicker but you get poorer and poorer images/smilies/smile.gif
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Old February 15th, 2007, 11:35 PM   #17
 
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Dollar coins exist in the US. They're useful, in that there's no chance of them ever having been stuffed into a strippers crotch at any point of time.
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Old February 15th, 2007, 11:50 PM   #18
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Dollar coins exist in the US. They're useful, in that there's no chance of them ever having been stuffed into a strippers crotch at any point of time.
I wonder if any bills tracked by Where'sGeorge mention "strippers crotch"......images/smilies/lol.gif
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Old February 16th, 2007, 2:24 AM   #19
 
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I want the Bill Clinton coin when it comes out.
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Old February 16th, 2007, 3:30 AM   #20
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I want the Bill Clinton coin when it comes out.
Those only come in rolls.
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