1019 users online (139 members and 880 guests)  


The Killing Season - Websleuths

Websleuths News


Page 1 of 2 1 2 LastLast
Results 1 to 15 of 28
  1. #1
    Join Date
    Mar 2009
    Posts
    28,606

    DC - $1 Congress looks at doing away with the one dollar bill $1

    Congress looks at doing away with the $1 bill (AP/Kansas City Star)
    WASHINGTON -- American consumers have shown about as much appetite for the $1 coin as kids do their spinach. They may not know what's best for them either. Congressional auditors say doing away with dollar bills entirely and replacing them with dollar coins could save taxpayers some $4.4 billion over the next 30 years.

    Vending machine operators have long championed the use of $1 coins because they don't jam the machines, cutting down on repair costs and lost sales. But most people don't seem to like carrying them. In the past five years, the U.S. Mint has produced 2.4 billion Presidential $1 coins. Most are stored by the Federal Reserve, and production was suspended about a year ago.
    ---
    much more at the link

  2. #2
    Join Date
    Sep 2008
    Posts
    541
    As working as a cashier, I can say those dollar coins are very annoying. IMO.

  3. #3
    Join Date
    Mar 2009
    Posts
    28,606
    Since I generally only have a wad of ones on me, their equivalent in pocket coins might tend to make my pants fall down at especially embarrassing moments. (e.g., like at Walmart awhile ago, sixth in the pharmacy line)

  4. #4
    Join Date
    Jun 2004
    Posts
    10,822
    Nope, don't like this idea.
    Love you, Littlest Little!

  5. #5
    Join Date
    Jun 2012
    Posts
    6,787
    Make sure you collect some.

    We changed over to coins for $1 and $2 years ago and now those bills are worth 20 times their face value.

    It makes zero difference at all to anyone, coins are just as easy to count as notes (if not easier) so I'm not sure what the problem would be for cashiers?
    Everything I post is my opinion only, can change at any time, and is not intended to replace fact.
    Critical Thinking is often criticised.
    KISS

  6. #6
    Join Date
    Mar 2009
    Posts
    28,606
    The very few times I've gotten $2 bills I always put them aside, then remember that they're still legal currency, so why save them? I wonder if the elimination of the $1 would cause the $2 to be more popular.

  7. #7
    Join Date
    Aug 2010
    Location
    New England
    Posts
    7,247
    Oh, I've been waiting years for this, I so hope they do it! So tired of nasty, falling apart $1 bills!
    “Peace is not the product of terror or fear. Peace is not the silence of cemeteries. Peace is not the silent result of violent repression. Peace is the generous, tranquil contribution of all to the good of all." -Abp Oscar Romero

  8. #8
    Join Date
    Jul 2005
    Location
    Ohio
    Posts
    954
    Oh no!! That's about all I ever have in my wallet!

  9. #9
    Join Date
    Aug 2003
    Location
    Mid-West
    Posts
    3,868
    Quote Originally Posted by angela View Post
    Oh no!! That's about all I ever have in my wallet!
    Me too. Debit card or ones. I'm like wfgodot. Will make my pants or handbag way too heavy.

    I remember when the two dollar bills came out ages ago...arghhh. No place in the cash register for them. I think I still have a couple stashed away. Good to know they are worth more than two dollars.

    Isn't the Susan B. Anthony coin a dollar coin? Can't remember and too busy to look it up.

    Oh and I hate the new pennies....ick! Always finding mashed ones in the parking lots.
    -
    My opinion and nothing but my opinion.

    Tor:Con Index link below. Will show you the probability of a tornado happening in your area.
    http://www.weather.com/news/tornado-torcon-index

    FEMA's link for Emergency Supplies list below or what you need to survive for three days in case help is not immediately available to you.
    http://www.ready.gov/document/family-supply-list

    You can also purchase a weather radio which will inform you of severe weather even if your electricity goes out. Runs on batteries of course.

  10. #10
    Join Date
    Jun 2012
    Posts
    6,787
    Lol this just reminded me -

    I live in Australia, we are very close in a lot of ways to New Zealand.

    I found a NZ 50c piece the other day. Ours are heavy, large, and have angled sides, but the NZ 50c is around the same size and weight as an Aussie 10c.

    Someone had given it to me in change, thinking it was a 10c coin.

    I'm going back to NZ soon so I hooked it out, it will be worth 4 x more in NZ than here, simply because Aussies keep mistaking them for our 10c pieces.

    Our notes are not transferable but the coins tend to float across and be used. Our 20c pieces are very similar for example.

    I believe NZ has even got rid of 5c pieces now but we still have em in Aus and they are painful.
    Everything I post is my opinion only, can change at any time, and is not intended to replace fact.
    Critical Thinking is often criticised.
    KISS


  11. #11
    Join Date
    Aug 2003
    Posts
    7,372
    MHO

    Sorry for the inconvenience, but saving money is a plus. Canada has already done this. I remember (before all the hoarding) when consumers actually used 50 cent pieces. Really, it wasn't a problem to have one more coin. We will adapt.

  12. #12
    Join Date
    Dec 2008
    Location
    Penn's woods
    Posts
    17,195
    I don't have a problem with it as long as they redesign the $1.00 coin because the one that was used in the 80's and 90's lookes so much like a quarter.

    When I waited tables I had someone pay me in 30 one dollar coins one time. Lot of jingle in the pocket of your apron haha.

    Plus if I had a stray one here and there I would unintentionally hand it out as a quarter instead of a dollar.

  13. #13
    Join Date
    Mar 2009
    Posts
    28,606
    Let's see....we've had the Susan B. Anthony; the Sacagawea; the Sacagawea with modified reverses; and now the "Presidential Dollar Coin," which I don't know if I've ever seen. I'd certainly cast a "yes" vote - even though I'm old and set in my ways - if, SOMEHOW, a $1 coin could be designed - and given a distinctive color, or size, or gleam, or SOMETHING - so as readily to differentiate it from a quarter.

    Not holding breath.

  14. #14
    Join Date
    Nov 2007
    Location
    dillon
    Posts
    1,979
    We have one and two dollar coins in Canada. I worked at a drug store when they switched over. All these adults would come in and complain about the coins and how it was inconveniencing them. Sometimes they would yell at me about it.. All I could think about was how annoying and boring adults must be to care so much about something so stupid.

  15. #15
    Join Date
    Sep 2011
    Location
    Fort Collins, Colorado
    Posts
    2,043
    Quote Originally Posted by wfgodot View Post
    Let's see....we've had the Susan B. Anthony; the Sacagawea; the Sacagawea with modified reverses; and now the "Presidential Dollar Coin," which I don't know if I've ever seen. I'd certainly cast a "yes" vote - even though I'm old and set in my ways - if, SOMEHOW, a $1 coin could be designed - and given a distinctive color, or size, or gleam, or SOMETHING - so as readily to differentiate it from a quarter.

    Not holding breath.
    The gold color and unmilled edge of the current dollar coins make them easy to distinguish from a quarter.

Page 1 of 2 1 2 LastLast


Similar Threads

  1. Dollar BILL
    By dee10134 in forum Tawni Lee Mazzone (formerly Maricopa Jane Doe)
    Replies: 28
    Last Post: 08-25-2008, 10:26 AM
  2. $Man arrested for trying to pass ONE MILLION DOLLAR BILL!
    By Linda7NJ in forum Bizarre and Off-Beat News
    Replies: 0
    Last Post: 10-09-2007, 09:12 AM