Thu, 27 October 2011
If certain members of congress get their way, the one-dollar bill could soon become extinct. There is a serious move afoot to replace the paper dollar with a dollar coin.
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I wish we did have dollar coins in circulation. I am not so sure that the general public does not like them. The SBA dollar looked too much like a quarter and was rejected on that account, but the new coins are just not available. I've asked for them in banks and they rarely if ever have them. I've found a few and they come up as quarters or slightly higher.
Hi Dan, I've found two of the dollar coins so far. They gave a 00/29 reading on my Minelab Explorer 2. Same as a quarter. I think our coinage has needed major changes for a while now. I'd love to see a return to classic depictions of Lady Liberty. If our current artists would rather not return to a classic, more stately style last seen on the Peace Dollar there are plenty of pattern coin designs we could use. I was born in 1965 and have lived with portraits of old men on our coins my whole life. I'm also an enthusiastic dollar coin supporter. I also hope for the return of the Half Dollar to common use and hope they take the idea even further with a five dollar coin. I'd love to see the return of the Quarter Eagle as well but I realize that a $2.50 coin would hopelessly confuse vast numbers of fast food cashiers. Just try using a Half Dollar in your local Burger King and you'll see what I mean. There aren't many things worth buying that cost less than a dollar. Our largest denomination circulating coin is the quarter. I need six of them just to get a soda from the vending machine where I work. I'm certainly not worried about having to carry "heavy" coins and the need for better pockets in clothing. My own mother is 69 and usually carries about $30 in change in her pockets and purse. I figure anyone that can't manage the weight of several large coins probably would benefit from the weight training anyway.