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To: I cannot think of a name

“WHY IS THERE A COIN FOR THEM TO BE LOCATED ON AT ALL!!”

Because so many Congressmen are idiots. A dollar coin cost more to make than a paper dollar but the lifetime of the coin is so much longer than the paper dollar that it would save a lot of MONEY. People don’t want a pocket full of heavy coins and won’t start using them as long as they keep printing the paper dollar. We had large Eisenhower dollars, Susan B. Anthony dollars that got confused for quarters and the Sacajawea? dollars. Now we have the Presidential series dollars, or at least some of them. At least they may have spurred some warehouse construction.


24 posted on 03/19/2012 12:13:57 PM PDT by duffee (NEWT 2012)
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To: duffee
The English one pound coin is actually pretty convenient. Of course, they made it gold with a variegated edge, and slightly thicker than the similar coins. It's easy to tell what you're fishing out of your pocket without looking at it. It's kind of nice to be able to purchase small items without having to dig out your wallet each time.
53 posted on 03/19/2012 1:09:01 PM PDT by ArmstedFragg (hoaxy dopey changey)
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To: duffee
"People don’t want a pocket full of heavy coins.."

Well, people don't want a pocket full of heavy coins that won't hardly buy anything. Agree with that! The nickel and the cent, at one time had quite a bit of purchasing power. I don't know what the denomination of the Euro coins are, tho I remember there was a 5 Mark coin in Germany when stationed there, and a pocketful of those went a long way.

The IGWT motto was first put on coinage around the time of CW. It wasn't required by act of congress until much later. The irony here is that so many inscriptions are now required by law to be on the coinage, there isn't hardly room for anything else. Bought a stepladder lately? That's why edge engraving is being utilized, it leaves a bit more room for the design. The $5 $10 and $20 coins of the early 1900s didn't have the IGWT motto, because then-president T. Roosevelt had a different view - he thought that, since money might be used for immoral purposes, that the motto didn't have a place on the currency or, money. These are worth a bit more to hobby coin collectors, as later congress acted and required the IGWT motto be re-installed. Hm.
65 posted on 03/19/2012 4:16:32 PM PDT by Freedom4US
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