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#21
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On Sun, 29 May 2005 10:49:42 -0500, "A.E. Gelat"
said: Why would it need to be smaller than a quarter? What is wrong with the current size? Weight and bulk I don't know about you, but I rarely have more than 2 or 3 $1 bills in my pocket. I often have a half dozen or more quarters ... and I don't wear a belt g This is nonsense about 'weight and bulk' being a problem with the current size. |
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#22
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I don't keep dollar bills in my pocket. they are in my wallet. All my
change goes in a change jar, so I rarely have any change at all in my pocket. "Vector" wrote in message ... On Sun, 29 May 2005 10:49:42 -0500, "A.E. Gelat" said: Why would it need to be smaller than a quarter? What is wrong with the current size? Weight and bulk I don't know about you, but I rarely have more than 2 or 3 $1 bills in my pocket. I often have a half dozen or more quarters ... and I don't wear a belt g This is nonsense about 'weight and bulk' being a problem with the current size. |
#23
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We all know that we, as collectors and dealers, sometimes have a very
different perception about a coin or currency that the general public as a whole. I believe we have such a difference when it comes to the dollar coin. To the public, it's just not a dollar coin unless it's big enough to command such a reputation. Making a dollar coin that is smaller or even just a little bigger than a smaller denomination "shrinks" a coin's respect (if you will) in the public's eye. Just look at the historical track record of dollar coins and their popularity with the public, all Morgan/Peace/Eisenhower sized dollar coins were used and popular and all SBA/Sack sized dollar coins were ignored. Size does matter. The mass public likes big dollar coins. And forget trying to debate that we Americans should do what other countries have done with their dollar-like coins. We all know that won't wash. |
#24
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False.
The Golden Dollar coin (as well as the SBA) circulates more than any other dollar coin EVER in US history. Silver dollars and the later Eisenhower dollars never circulated like the SBA and the GD. Nowhere close. The Ike was mainly used in slot machines. You could *not* buy a candy bar from a vending machine or make a phone call using an Ike. You personally may not see them, but they are out there and circulating. As for those calling the GD a "failure", well what is your success criteria? Was a goal published by the Treasury? Was a goal part of the law that established these coins? No. They were designed to circulate along with dollar bills and it was expected they would circulate more heavily in their own 'realm' - car washes, vending machines, parking, mass transit, etc. Some of us had personal goals and desires that the GD replace the dollar bill completely, but the government *never* stated that and it was never a government goal. if it was, they would simply stop issuing dollar bills and *poof* the dollar coin would replace the dollar bill. just like the Canadian dollar coin, the Australian dollar coin, the Euro coin, etc. Why wait until 2015? Let's do it now. -Fred Shecter http://search.ebay.com/_W0QQfgtpZ1QQ...shreadv ector |
#25
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tanner520 wrote on 1 Jun 2005 06:10:52 -0700:
t Just look at the historical track record of dollar coins and t their popularity with the public, all t Morgan/Peace/Eisenhower sized dollar coins were used and t popular and all SBA/Sack sized dollar coins were ignored. t Size does matter. The mass public likes big dollar coins. That's a massive generalization and also untrue :-) I remember the damned big silver dollars they used in the West in the 60s and 70s and you can keep them! In fact, a lot of people don't use coins any more than they must these days. For myself, I only start my day with quarters in my pocket since I need them for parking meters. James Silverton. |
#26
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Actually, the intent is to PHASE-CASH-OUT (just look at the garbage the Fed is issuing for circumcision today), bank "insiders" know only what they're TOLD by their superiors (which explains the unsolicited bull**** this one was dishing out to you), and to believe that life a we know it today will exist in 2015, is astonishingly naive. |
#27
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Think whatever you want about circulation vs popularity for the dollar
coins like the SBA and Sack. Circulation was not my point and irrelevant to this thread. Popularity and "winning over the public so we can get rid of the dollar bill" was my point. In order to win the hearts of John Q. there will need to be something better in his mind than his beloved and coveted paper dollar bill. Generalization? Of course we're talking in generalizations. That still doesn't change what I said. The perseption of the public overall is that we don't have a dollar coin currently. Need proof? Take an Ike and a Sack silver dollar in each hand and come up to a regular Joe/Jane and ask them which, if any, is real. 80% of the people will only say the Ike only. Hell, most people still ask me "Is that a real coin?" when I spend Sacks. We all know the looks you get. |
#28
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"tanner520" wrote in message ups.com... We all know that we, as collectors and dealers, sometimes have a very different perception about a coin or currency that the general public as a whole. I believe we have such a difference when it comes to the dollar coin. To the public, it's just not a dollar coin unless it's big enough to command such a reputation. Making a dollar coin that is smaller or even just a little bigger than a smaller denomination "shrinks" a coin's respect (if you will) in the public's eye. I think it's more public "inertia" than coin size. If size were the main criteria, half dollars would have stayed around in circulation longer. Just look at the historical track record of dollar coins and their popularity with the public, all Morgan/Peace/Eisenhower sized dollar coins were used and popular and all SBA/Sack sized dollar coins were ignored. Size does matter. The mass public likes big dollar coins. My own experience in the 1940's through the 1964, I don't recall Morgan/Peace dollars circulating at all with other change, except maybe in certain parts of the country. Banks had them available at face value and they were popular as gifts. I never received one in change. Ike dollars never circulated (in the northeast) either once the initial novelty wore off. I would guess that SBA's and Sac's are more popular than Ike's ever were, but even those don't circulate the way the government apparently hoped they would. I have never received either one of those in change either. If banks and businesses could somehow be encouraged to use and distribute them more, poeple would get them in change and become accustomed to seeing and using them. As it is now, they seem to serve more as tokens in coin-operated machines than anything else. And forget trying to debate that we Americans should do what other countries have done with their dollar-like coins. We all know that won't wash. No debate here. As a whole, "we Americans" pretty much don't care about what we should or shouldn't do about the coins we receive in change or spend. Bruce |
#29
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wrote in message oups.com... Actually, the intent is to PHASE-CASH-OUT (just look at the garbage the Fed is issuing for circumcision today), bank "insiders" know only what they're TOLD by their superiors (which explains the unsolicited bull**** this one was dishing out to you), and to believe that life a we know it today will exist in 2015, is astonishingly naive. They said that about the windshield wiper 80 years ago. Bruce |
#30
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tanner520 wrote: We all know that we, as collectors and dealers, sometimes have a very different perception about a coin or currency that the general public as a whole. I believe we have such a difference when it comes to the dollar coin. To the public, it's just not a dollar coin unless it's big enough to command such a reputation. Making a dollar coin that is smaller or even just a little bigger than a smaller denomination "shrinks" a coin's respect (if you will) in the public's eye. Just look at the historical track record of dollar coins and their popularity with the public, all Morgan/Peace/Eisenhower sized dollar coins were used and popular and all SBA/Sack sized dollar coins were ignored. Size does matter. The mass public likes big dollar coins. And forget trying to debate that we Americans should do what other countries have done with their dollar-like coins. We all know that won't wash. Any government that does not consider the experiences of other countries is likely to waste a very large amount of money. Small but thick is the way to go. Similar to the US president in fact. :-) Billy |
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