Posted on 04/27/2005 12:51:38 PM PDT by JesseHousman
NEW YORK (CNN/Money) -After two bellyflops, Congress is considering a dollar coin again. This time it might actually work. Like lemmings rushing into the fjords, Congress cannot seem to resist a leap into the dollar-coin money pit. Despite two wildly unsuccessful attempts to introduce a dollar coin, legislators are trying again. This time, however, lemmings might fly. On Wednesday, the House of Representatives passed a bill to create a new $1 coin, which would accompany the current Sacagawea piece. The measure enjoyed enormous bipartisan support, passing by a vote of 422 to 6.
(Excerpt) Read more at money.cnn.com ...
If someone is broke, you can now say, "he's so broke, he doesn't have two Clintons to rub together".
That was my thought, too - you'd have to make twice as many $2.00 bills, to correct for the shortage of $1.00 bills.
Make it look like this. Make it for 2 dollars in a base metal the size of a half dollar, and 10 dollars in Silver. the size of a silver dollar
Being a traditionalist, I don't know if I would like the multi-color, multi-size bills.
Here's another dollar coin that would be awesome.
When I was stationed in Korea, AAFES did exactly that. They found that the few rounding errors they couldn't get rid were much less expensive than shipping pennies from the US. I didn't miss them, or even realize it until I had been there a few months.
Being a Blackjack player, on several occasions, I have asked dealers if there is a problem with fake 'chips', and each time I have received some noncommittal answer. Does anyone know how the casino's distinguish counterfeit chips? I would think that the $25 chip would be the most easily passed, whereas the $1 and $5 wouldn't be too profitable and the $100 would draw attention.
Well, the Sacagawea dollar doesn't look like a quarter (it is gold colored, for one thing) and it still hasn't caught on.
I guess no one remembers Worthless as a Missouri Mill. These were aluminum coins about the size of a nickle, and had a hole in the center. We used them as washers frequently. I seem to remember hard pressed paper mills as well.
But the feds screwed up because they re-shipped all those feminist Susan B. Anthony dollars that were sitting in the warehouse at the same time as the Sacagewea dollar.
Sorry, I'm not going to spend a dollar devoted to a political feminist icon.
But a dollar devoted to a teenage girl that carried and nursed a newborn baby from the Great Planes to the Pacific Ocean and back I could spend. Sacagewea was a real woman, a mother, and an explorer, all before the age of 20.
When they melt down those feminist coins, dollars that jingle will be accepted.
One of the casinos announced they were going to include RFID chips in all there Gaming chips. They will know exactly what you bet is when you put it on the table.
Yes, yes! Eliminate the $1 bill, print lots of $2 bills. The 2-note is perfect for the smallest demonination bill now-a-days. A dollar coin somewhere between quarter-size and Kennedy half... Oh, and quite producing pennies!
I hate a pocket full of pennies and a wallet with $1 bills. Fat wallet and heavy pants for only $6.49. Arg!
I think something halfway between the Kennedy half and the old Ike dollar would be appropriate. It would "feel" like a dollar.
Of course, how many vending machines even take halves, which have been the same size for many decades now? By the time we finally figure out the right size for the half and the buck, we'll not need change nearly as much anymore, vending machines will all take debit/credit cards.
All these new coins are simply a scam to make money for the gov. They should leave this garbage to the franklin mint and the rest of the hucksters.
We had beautiful money previosuly and they messed it all up. Our bills and coins now look like they're from some third world banana republic.
I dont know any strippers that would refuse them but then again, I dont live in New York City.
These were aluminum coins about the size of a nickle, and had a hole in the center.
Most of the time.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.