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$1 Billion That Nobody Wants (dollar coins)
NPR ^ | June 28, 2011 | Robert Benincasa and David Kestenbaum

Posted on 06/29/2011 12:38:29 PM PDT by Aroostook25

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Just quit printing paper dollars!

Those who want low denomination paper can use $2 Jefferson bills.

Jefferson $2 bill

1 posted on 06/29/2011 12:38:32 PM PDT by Aroostook25
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To: Aroostook25

I’ll take about half of them off their hands. I’ll even store them myself—at my expense.


2 posted on 06/29/2011 12:42:48 PM PDT by ShadowAce (Linux -- The Ultimate Windows Service Pack)
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To: Aroostook25

Okay, dammit! I’ll take ‘em. Gotta do my patriotic bit, you know.


3 posted on 06/29/2011 12:42:55 PM PDT by Doctor 2Brains (If the government were Paris Hilton, it could not score a free drink in a bar full of lonely sailors)
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To: Aroostook25

I worked at the Fed when they released the Sasquachaweeha (”Who REALLY saved Louis and Clarke while carrying a baby on her back!”) dollar coins. We had first dibs. I bought ten. No one I knew wanted them. They have since turned a nasty corroded green splochiness. No one wants them now. I may have to go to Nevada to get rid of them. BTW, whatever happened to the Susan B. Octagon dollar coins? The ones that jammed every 25 cent vending machine slot in the United States? Maybe they’re in another vault building...


4 posted on 06/29/2011 12:43:39 PM PDT by pabianice
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To: Aroostook25
Those who want low denomination paper can use $2 Jefferson bills.

Except at Best Buy. Man arrested, cuffed after using $2 bills

5 posted on 06/29/2011 12:44:08 PM PDT by KarlInOhio (Extremism in the defense of liberty is no vice! Tea Party extremism is a badge of honor.)
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To: Aroostook25

i use dollar coins all the time,


6 posted on 06/29/2011 12:44:15 PM PDT by MrEdd (Heck? Geewhiz Cripes, thats the place where people who don't believe in Gosh think they aint going.)
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To: Aroostook25

How about quit making money, period.


7 posted on 06/29/2011 12:44:39 PM PDT by GeronL (The Right to Life came before the Right to Happiness)
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To: Aroostook25

I love dollar coins. Give them to me.


8 posted on 06/29/2011 12:46:08 PM PDT by bmwcyle
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To: Aroostook25

Hire a paymaster. Transfer the funds to the Treasury. Have each member of Congress report in person each Friday at 4:30 pm to collect their pay.


9 posted on 06/29/2011 12:46:28 PM PDT by Harley (Will Rogers never met Harry Reid.)
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To: Aroostook25
I'd be happy to take a few hundred million dollars in US currency.
10 posted on 06/29/2011 12:47:10 PM PDT by pyx (Rule#1.The LEFT lies.Rule#2.See Rule#1. IF THE LEFT CONTROLS THE LANGUAGE, IT CONTROLS THE ARGUMENT.)
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To: pabianice

I have a theory about why folks don’t use dollar coins. They’re close to the size of a quarter and it reminds everyone of how much the dollar has been devalued in their lifetimes.

If they were minted the size of the old cartwheels, it might work.


11 posted on 06/29/2011 12:47:31 PM PDT by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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To: Aroostook25

Save them just in case America is foolish enough to re-elect Obama. They will have collector value as token reminders of an ancient currency that once existed on the earth, called the American Dollar.....


12 posted on 06/29/2011 12:49:15 PM PDT by EagleUSA
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To: Aroostook25
ROTFL about the guy who was cuffed after trying to "pass" a two-dollar bill. But really, it's true. The new dollar coins won't get used as long as the paper is still circulating. In the U.K. the smallest paper is a five pound note.

13 posted on 06/29/2011 12:49:20 PM PDT by Genoa (Starve the beast.)
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To: pabianice
BTW, whatever happened to the Susan B. Octagon dollar coins?

I loved those as a kid. I had a paper route which I collected for myself. The rate was 75 cents per week and sometimes customers would give me one instead of a quarter. About once every other week I would find one in my bag and that meant I made an extra 75¢ profit from some customer. If I saw it before I put the money in my bag I was honest enough to fix the problem, but those things did look just like quarters so I often didn't notice.

14 posted on 06/29/2011 12:49:33 PM PDT by KarlInOhio (Extremism in the defense of liberty is no vice! Tea Party extremism is a badge of honor.)
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To: Aroostook25

Tell ya what....I’ll give the Fed’s 10 cents on the dollar..for all of them.


15 posted on 06/29/2011 12:50:21 PM PDT by Osage Orange (MOLON LABE)
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To: Aroostook25
This is simply NPR Leftwingtard propaganda.

People who work real jobs in real factories, real offices, real places of employment KNOW intimately what those coins are for ~ that's how you get lunch or a snack or a soft drink without leaving work, driving half an hour to a restaurant, and then coming back late.

Automated vending equipment supplies billions of dollars worth of food and sustenance to tens of millions of American working men and women every day.

The Leftwingtards running NPR wouldn't recognize them if they ran over them with their Ferraris.

16 posted on 06/29/2011 12:50:49 PM PDT by muawiyah
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To: Aroostook25
Leslie Paige, who represents watchdog group Citizens Against Government Waste, says the government should withdraw the dollar bill from the market and force Americans to use the coins. "I think Americans will definitely embrace the dollar coin if they're just given the opportunity," she says

Force people to use them and say something like that. jeez.

If people don't want them, then so what? Let the market decide.

17 posted on 06/29/2011 12:51:18 PM PDT by GeronL (The Right to Life came before the Right to Happiness)
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To: Aroostook25

Unless they quit printing 1$ bills, there will never be a demand for 1$ coins.

Can anyone name the biggest obstacle to the introduction of 1$ coins and $2 bills?

Cash registers. They aren’t setup to handle the additional coins and bills. They trays are designed for a standard set of bills. Anything else blows the system out of the water. Businesses don’t request dollar coins or 2 dollar bills from their bank, because they don’t have anyplace to put them in their cash registers.

Funny story I heard Neil Boortz tell years ago. He got a stack of new 2$ bills and put gum rubber on the side, and made them into a “pad” of bills. Then he’d go into a business and peel 2$ bills off the pad and hand them to the cashier.


18 posted on 06/29/2011 12:51:56 PM PDT by Brookhaven (Herman Cain knows computers, math, missiles, banking, burgers, pizza, gospel music, & Coca-Cola)
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To: pabianice
I always liked these:

Made a nice sound on the bar back when a dollar went a little futhur(sic).

19 posted on 06/29/2011 12:52:18 PM PDT by Paladin2
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To: Aroostook25
Here's a hint:

1. Quit minting Feminist coins. Mint Reagan Dollars instead!

2. Stop prinitng paper dollars.

Problem solved!

20 posted on 06/29/2011 12:52:36 PM PDT by Cowboy Bob (Greed + Envy = Liberalism)
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