Study: Gold Dollar Coin Unpopular

AP via NYTimes.com ^ | 9/13/02

[Onelifetogive]

Mint not spend any more money on marketing unless it found a plan that it could show would persuade more people to choose the coin over the paper bill.

Let me put my MBA to use and suggest a plan:

"Quit making dollar bills!"

DUH!

[Cicero]

What a surprise. If someone offered me one of these coins I would prefer not to take it. But as yet I haven't even seen one except pictured in the press.

[Black Cat]

And stop making it the same size as a quarter.

Also DUH! :)

[Black Cat]

The only one I've seen was sent to me as a bribe to fill out a survey. Kept the coin, tossed the survey...

[NMFXSTC]

Although most countries do, indeed, use a coin as the basic monetary unit (i.e., the French Frank, German Mark, etc.), we have never quite adapted to that standard.

The article is correct...everyone here hates the coin and resists its use...I have a solution to this clumbersome and anoying "goldtone" $1.00 coin:

Simply gather up any of the annoying things you have laying around and send them to me so I can ride the retail world of them as soon as possible (I figure it's the American, patriotic, responsible and noble way to help rid the nation of this pesky thing).

[cinFLA]

I hate the weight but OTOH I hate trying to straighten out bills for the vending machines. Of course the dollar is worth less than the quarter coin I used when I was a kid.

[SubMareener]

The Australians have a two dollar coin that is about the same size as a dime, but three times as thick. It is a very useful coin.

[ArrogantBustard]

Let me put my MSEE to use, and suggest a plan:

"Quit screwing around with dollar coins. They don't meet real people's requirements."

DUH!

[RightWhale]

Might be a different story if the gold coin had some gold content.

[MadIvan]

Here's a suggestion - don't put Sacajawea or some other politically correct figure on the coin. Each time they've introduced a coin with a politically correct figure on it, it's failed.

I suggest John Adams for the dollar coin.

Regards, Ivan

[Senator Pardek]

Four words: Sacagawea - sack a ****.

[ctdonath2]

Other problems with the Squabuck:

- It rapidly tarnishes
- It features a face unknown to most citizens
- The featured person is technically not even an American
- Its name "the Sacquajia (SP?!?) Dollar" is practically unpronouncible and unspellable
- There is simply no demand for such an item

[Lazamataz]

Lose the Squaw Chick and you'll get wider acceptance.

[Sloth]

And stop making it the same size as a quarter.

No kidding. In order for a dollar coin to be feasible, you've got to instantly be able to identify by touch it in your pocket.

[Just another Joe]

Might be a different story if the gold coin had some gold content.

BINGO

[Wright is right!]

"And it prohibited the paper dollar from being removed from circulation."

The Act did NOT do this as it was originally written. Some lamebrain offered it as an amendment as a rider to some other desireable bill - and the act was so amended.

The golden dollar coin will enjoy wild success - the very minute that someone has the spine to tell the Fed to start replacing the bill with the coin.

Since when did every little nit-sh*t item about this country have to be a goll-darn popularity poll? Do what's right and move on. If some pipple don't like the golden dollar coin, tough bananas. They can ship 'em to me freight collect.

Michael

[ctdonath2]

On a twisted note, I've considered going to the bank and obtaining a pile of "rejected currency": $2 bills, Eisenhower dollars, half-dollars, Suzan B. Agony dollars, Squabucks, wheat pennies, etc. (Purpose, of course, is to drive salesdroids nuts.) Any other "rejected currency" out there I should seek out?

[Onelifetogive]

Let me put my MSEE to use

I have one of those too. I wasn't advocating dollar coins, just proposing a plan. The idiots can't see that there won't be a change as long as they provide both options.

As far as real people's needs: I have traveled in many countries, they all have coins in denominations similar to the US dollar. The people survived.

[Brookhaven]

Put Regan on the coin.

The only two term president since Ike that didn't disgrace himself in office.