1 Dollar Coins?

Discussion in 'Health and Lifestyle' started by Mr.Owl, Jul 9, 2011.

  1. Mr.Owl
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    Mr.Owl Geaux Tigers!!!

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  2. editec
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    editec Mr. Forgot-it-All

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    People do not like them.

    That is enough to sink this idea.
     
  3. Douger
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    Douger BANNED

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    They don´t like the free hand jobs from the TSA or paying taxes either. Ya reckon it´ll sink those ideas too:confused:
     
  4. Iridescence
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    Iridescence BANNED

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    With our monies losing value would it matter? It seems a national bartering system may be a better idea.

    But, then too, I personally prefer coins over dollar bills.
     
  5. Douger
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    Douger BANNED

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    How strange:confused: My money is rapidly GAINING value :cool:
     
  6. editec
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    editec Mr. Forgot-it-All

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    WEll, TSA and taxes are something that the masters ARE backing.

    Coin dollars isn't really something that much matters.

    Who don't people want dollar coins?

    Because if you look in most cash drawers, there's no place to put them.

    This is the reason that half dollars aren't much used, too.
     
  7. code1211
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    code1211 Senior Member

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    A couple things I've heard about Dollar Coins:

    The government is storing about a billion dollars worth of the things.

    There is a law that every President will have his face on a run of them.

    Another law demands that a certain number of of Sacajawea Dollars have to be minted for every pesident Dollar Coin Minted. Both laws commit to continuing to mint thse in quantity and the storage goes on.

    It costs .30 to mint each 1.00 coin, so this is something that the government is doing that is showing a profit.

    Americans are coin savers and currency spenders.

    The future of money is electronic, not currency.

    The dollar coin is a relic of a system revered by the dinosaurs who are spending us into bankruptcy using knowledge that was obsolete when they learned it and is now utterly useless.
     
  8. iamwhatiseem
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    iamwhatiseem Gold Member

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    They didn't work the first time.
    In an age where actual paper money is used less and less we certainly don't need more of it.
    But, it will likely be done anyway, the government rarely does things logically.
     
  9. percysunshine
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    percysunshine Gold Member

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    Obviously, Obama needs a Cash Drawer Czar. I nominate you.

    People do not use dollar coins because they weigh 10 times as much as paper dollars.
     
    Last edited: Jul 9, 2011
  10. percysunshine
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    percysunshine Gold Member

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    Where have all the Sacagaweans gone?

    According to Wiki, there are approximately 1 billion Sacagawea coins in circulation. Everyone in the US should have at least 3. But I have not seen any in years.

    Someone is hoarding Sacagawea.
     

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