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(WGAL 8)   While there is a push to kill the $1 bill and fully replace it with the $1 coin, it will never happen. The fact is people hate change   (wgal.com) divider line 57
    More: Unlikely, Government Accountability Office, U.S. Mint  
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4133 clicks; posted to Main » on 28 Nov 2012 at 9:46 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



Voting Results (Smartest)
View Voting Results: Smartest and Funniest


Archived thread
2012-11-28 09:17:05 PM
7 votes:
You'd get over it.

/Canada
2012-11-28 10:14:24 PM
3 votes:

meanmutton: I don't understand at ALL the different size thing.


It helps blind people by allowing them to know denominations by touch.
2012-11-28 09:53:50 PM
3 votes:

DanInKansas: From TFA: "As of May, the Fed had amassed $1.4 billion in $1 coins in its vaults because demand for the coins remains weak."

Anyone else feel a sudden urge to assemble a team of top-notch guys and form an insanely convoluted plan to nab the coins in a way the Fed will least expect?


Umm.. stop printing the dollar bill and the demand is going to skyrocket.
2012-11-28 08:42:49 PM
3 votes:
Just wait until the $2 coin comes out.
2012-11-29 12:43:09 AM
2 votes:

jdbob: Just got back from New Zealand. Coins are 0.10, 0.20, 0.50, 1.00, and 2.00. Bills are $5, $10, $20, $50, $100, etc. They rationalized their currency a number of years back. Not expecting anything rational in the U.S., it's un-american.


Rational would imply using bills for the $1 and $2 denominations -- paper for the left of the decimal, coins for the right.
2012-11-28 11:34:34 PM
2 votes:
Never understood why they can't produce better quality bills, like Australian dollar bills. Those suckers are virtually indestructible and they have a super cool window too...

pbs.twimg.com
2012-11-28 10:13:38 PM
2 votes:
The Susan B. Anthony dollars were too much like quarters, but the Sacageweas are pretty good. I don't mind $1 coins a bit.
2012-11-28 10:10:52 PM
2 votes:

whatshisname: Traveling in the states, I'm always amazed at how thick my wallet gets with $1 bills. You don't even have $2 bills so the singles add up quickly. And then there's the fact that all your bills look pretty much the same so trying to find a $20 in the middle of a wad of $US is more difficult than it should be. The hint of colour they've added to bills is nice.


You don't keep the cash in your wallet in order? I never understood how people had trouble with American money, what with the giant numerals printed all over it. It's odd to me that people have less trouble remembering the value of pink versus yellow versus blue than remembering the value of 5 versus 10 versus 20.
2012-11-28 10:09:53 PM
2 votes:

whatshisname: Traveling in the states, I'm always amazed at how thick my wallet gets with $1 bills. You don't even have $2 bills so the singles add up quickly. And then there's the fact that all your bills look pretty much the same so trying to find a $20 in the middle of a wad of $US is more difficult than it should be. The hint of colour they've added to bills is nice.


Eh, with our bills all you have to do is look at a corner to see what the denomination is. With Canadian and certain European bills, you have to rely on the shape, color, and artistry on the bill to figure it out. It's like, ok, I want to buy a coffee, will that cost the postcard-sized pink bill with a griffon on it, or the playing-card sized blue bill with what looks to be Geraldo Rivera's face on it?
2012-11-28 10:08:34 PM
2 votes:

skinink: Those of you who want to keep the dollar bill should never travel to any European country. You'd see their currency, and the trauma would cause you to collapse in a puddle of your own pee. I like the coins better, because there's less issues of the coins jamming upa machine as opposed to the paper money, and it's not a big deal carrying around coins.


Euros would be nicer if they were a consistent size -- the larger notes are too damn big (physically large, that is).
2012-11-28 10:06:41 PM
2 votes:

whatshisname: You don't even have $2 bills so the singles add up quickly.


unethicalblogger.com
2012-11-28 10:02:03 PM
2 votes:

Katie98_KT: Look, if anyone gave me $1 coins as change, I would be happy to use them


Portland's public transit (MAX) ticket machines give nothing but dollar coins as change. Or at least they used to, it's been a long time since I rode one.
2012-11-28 10:01:29 PM
2 votes:
TheBeastOfYuccaFlats
This would cause one of two things:

Stripper money inflation

or

Increase in circular skin impressions in the shape of said dollar coins on stripper skin


Or clubs issuing and accepting their own bills like gambling chips at a casino.
This would also allow them to screw over both customers and strippers by charging a percentage for changing their in-house monopoly money back into real money.
2012-11-28 10:00:22 PM
2 votes:

TheBeastOfYuccaFlats: This would cause one of two things:

Stripper money inflation

or

Increase in circular skin impressions in the shape of said dollar coins on stripper skin


They already have coin slots!
2012-11-28 09:59:47 PM
2 votes:

xelnia: WorldCitizen: Maybe about the same time we catch up with the rest of the world and convert to metric?

I don't think I could handle metric dollars!


Think of how bad the UK had their money before decimalization -- the pound was divided into 20 shillings and each shilling into 12 pence, each penny was 4 farthings. WTF was that?
2012-11-28 09:57:29 PM
2 votes:
Let's get rid of the farking penny while we're at it. Will never happen

//Go Metric!
//Both fail for the same reason, "teh big gubmint takin' my rights away!"
2012-11-28 09:56:11 PM
2 votes:
What I'd like to see:

Eliminate our existing coins, round everything to the nearest 10 cents. Have a 10 cent, 20 cent, and 50 cent coin.

Eliminate dollar and two dollar bills, replace them with coins.

Have the ATM give me $50s. Honestly, they've been spitting out $20s for what, 20 years now? Longer? It's about time they started giving us real money.
2012-11-28 09:51:39 PM
2 votes:
I try to keep dollar coins around for pizza tips.
2012-11-28 09:25:37 PM
2 votes:
Maybe about the same time we catch up with the rest of the world and convert to metric?
2012-11-28 08:51:11 PM
2 votes:
No shiat. Why do you think we keep on electing the same damn fools in Washington? D and R got us by the balls
2012-11-30 02:59:42 AM
1 votes:

Acharne: Everything you typed is likely untrue. Most of it is definitely only opinion. Some of it is just pretty silly.


Please see the comments below and above yours. Namely, fark coins, fark coins, oh, and also fark coins. Just try passing a golden dollar off on anyone if you work a retail register - I dare you. The looks of apprehension and disgust will make you think you just shat yourself. Maybe a few people in this thread are all "oooh! new currency that's both shiny and durable! how COOL!" but not a single person in my experience has ever wanted one over something they could stuff in with the rest of their real money.
2012-11-29 02:53:46 AM
1 votes:

mvl9591: Machines dispense almost all of the metro cards used in the NYC subways. If the dollar bin is full, they stop taking dollar bills and will only take coins (but not one cent coins). The "gold" dollar coins given as change are really grungy. Most of the color is gone. They corrode, turn black. They are worn almost smooth. The coins are not durable.


I can destroy a paper bill in about half a second while counting a stack of them by accident. never seen a teller rip a coin in half by accident. not to mention the fact people still pay me with coins from 20+ years ago.

 so whats your point other then subways are dirty and filled with breaking dust from trains?
2012-11-29 01:50:55 AM
1 votes:
In so many ways, the US of A is a completely backward country. The Metric System is just a start. How about the typewriter keyboard? While the USA was the first country with a base ten monetary system, if you have ever used the Euro, the logic seems obvious. The bigger the value, the larger the bill. This helps blind people. And the basic color is different, which helps the nearly blind, and stupid people.

Here is a plan. Get rid of the $0.01 coin. When a pack of gum costs $1.25, what is the use of the penny?

Get rid of fractions, completely. Go Metric! I bought some serious fungicide to spray on some apple trees. The recipe, the directions in English, were in teaspoons per gallon. The container I found was a two-liter bottle. I felt like some one in the Middle Ages. I tried to read the directions in French. What the heck is a teaspoon? I am a coffee drinker.

And the USA does not have single payer health care. Does any American ever think about the phrase: Life, Liberty and the Pursuit of Happiness? May I translate that phrase? Life is the biosphere. Liberty is politics. The Pursuit of Happiness is the economy. It is a hierarchy. You cannot rearrange those original words without making complete nonsense.

The people in the USA have completely forgotten their roots. To change the address of my local newspaper delivery, I found myself talking to a woman in Honduras. And we are still using inches. Fools get what they deserve.
2012-11-29 01:21:44 AM
1 votes:

meanmutton: whatshisname: Traveling in the states, I'm always amazed at how thick my wallet gets with $1 bills. You don't even have $2 bills so the singles add up quickly. And then there's the fact that all your bills look pretty much the same so trying to find a $20 in the middle of a wad of $US is more difficult than it should be. The hint of colour they've added to bills is nice.

You don't keep the cash in your wallet in order? I never understood how people had trouble with American money, what with the giant numerals printed all over it. It's odd to me that people have less trouble remembering the value of pink versus yellow versus blue than remembering the value of 5 versus 10 versus 20.


I don't have to see the front (or back) of any bill in my pocket (or wallet) to know the denomination. I can tell by a glance. Not so with US $$$.
2012-11-29 01:19:40 AM
1 votes:

Dow Jones and the Temple of Doom: whatshisname: Traveling in the states, I'm always amazed at how thick my wallet gets with $1 bills. You don't even have $2 bills so the singles add up quickly. And then there's the fact that all your bills look pretty much the same so trying to find a $20 in the middle of a wad of $US is more difficult than it should be. The hint of colour they've added to bills is nice.

Eh, with our bills all you have to do is look at a corner to see what the denomination is. With Canadian and certain European bills, you have to rely on the shape, color, and artistry on the bill to figure it out. It's like, ok, I want to buy a coffee, will that cost the postcard-sized pink bill with a griffon on it, or the playing-card sized blue bill with what looks to be Geraldo Rivera's face on it?


Eh, with Australia's colour-coded and differently-sized bills, all you have to know is which denomination is which colour to see what the denomination is AND blind people can tell which is which by size.
2012-11-29 12:29:11 AM
1 votes:

Lawnchair: Benevolent Misanthrope: 1. Stop printing dollar bills

2. Mint enough dollar coins to replace them.

3. DON'T MAKE THE FARKING DOLLAR COIN VIRTUALLY GODDAMN IDENTICAL TO THE QUARTER.

4. Get rid of pennies and teach people to round.

tl;dr - crib off of Canada

Aye to 1 & 4. #2 we've already got taken care of... you have to think that's *why* we've got a billion of them stockpiled. As for #3? Our dollar coin is already virtually goddamn identical to the Canadian dollar coin. And they don't have a problem.


Yes, and it's also virtually identical to the US Quarter, which confuses people and annoys them when they have to inspect their coins to make sure they have the right one.

Make the dollar coin easily distinguishable from other denominations, and it will be less of a problem. I thought the Sackie would be fine for that, being a different color and all, but they didn't get rid of the dollar bill so it flopped. I would have loved to see it succeed.
2012-11-28 10:37:07 PM
1 votes:

HumanBeingsSuck: The problem with the U.S. $1 Coin is, it is very very similar in size, weight, and thickness to a quarter-dollar coin. When you're sorting your change, you don't want to have to carefully check your quarters to make sure they're not actually dollars. All they have to do is change the size and thickness of the $1 coin, and people would adopt it.

It doesn't even matter that we don't use a proper Metric progression (we should have a 2c coin and a 20c coin instead of the quarter). The killer is the similarity in size, thickness, and weight between a quarter-dollar coin and a dollar coin.


There's a good reason I say you're wrong on that, even though it's obviously a subjective matter.

That is... the US brass dollar coin is the exact same size/thickness as the Canadian loonie dollar coin (the US version weighs a tiny bit more). You generally can use US brass dollars in Canadian vending machines, and I've even found them in rolls of loonies.

Exactly not a single person in Canada has said, in about 20 years, "this coin is just too much like a quarter". Not the drunkest blind drunk on George Street gets his loonies and quarters mixed up.

Susan B Anthonies? Fine. Sacagawea/Presidents? Are you saying the Canadians are just smarter than we are?
2012-11-28 10:25:06 PM
1 votes:

unyon: You'd get over it.

/Canada


I personally love the loonies and toonies. I can have a pocket opf change, and think it's 5 bucks, then WHAM you see a few toonies, and now you have ten or fifteen
2012-11-28 10:23:18 PM
1 votes:
Everyone is ignoring the most basic issue. Cash registers.
Until cash registers have a place to put a dollar coin, they won't survive in the brick and mortar world.
2012-11-28 10:20:15 PM
1 votes:

meanmutton: Nearly everyone in this thread other than you...


I meant out there in reality.
2012-11-28 10:17:01 PM
1 votes:

Dow Jones and the Temple of Doom: whatshisname: Traveling in the states, I'm always amazed at how thick my wallet gets with $1 bills. You don't even have $2 bills so the singles add up quickly. And then there's the fact that all your bills look pretty much the same so trying to find a $20 in the middle of a wad of $US is more difficult than it should be. The hint of colour they've added to bills is nice.

Eh, with our bills all you have to do is look at a corner to see what the denomination is. With Canadian and certain European bills, you have to rely on the shape, color, and artistry on the bill to figure it out. It's like, ok, I want to buy a coffee, will that cost the postcard-sized pink bill with a griffon on it, or the playing-card sized blue bill with what looks to be Geraldo Rivera's face on it?


Interesting... I just looked at the bills in my wallet, and oddly, every bill was the same size, and had the denomination on the corner, so we must be talking about another Canada.

My main issue with the coins for smaller denominations is that I empty my pocket into a coin bin when I get home, and with $1 and $2 coins, that means said bin can be holding a lot of cash without me noticing.

(Worst instance was dragging over $1400 in rolled coins to the bank, and having to explain where it came from...)
2012-11-28 10:16:55 PM
1 votes:

AverageAmericanGuy: meanmutton: I don't understand at ALL the different size thing.

It helps blind people by allowing them to know denominations by touch.


There are more subtle ways to achieve that. Cut off the corners or put holes in the notes or something.
2012-11-28 10:15:43 PM
1 votes:
Comsamvimes: I freaking hate coins. Bills stack nicely in my wallet. Coins do not.

There is the size, but you're also forgetting another physical parameter.

1) Go to store

2) Buy a $2.25 item using a $20 bill (because that's what ATM machine machine machine machines spit out)

3) Sorry, I'm out of $5's and $10's, do you mind if I give you 17 ...

$1 bills? (1 gram * 17 => 17 grams)

$1 coins? (8.1 grams * 17 => 137.7 grams) == (1/3rd of a pound)

$ coins are way heavier than dollars. You would need $151 in $1 bills to hit 1/3rd of a pound.

// and don't forget your three quarters
2012-11-28 10:14:54 PM
1 votes:

mutterfark: I don't give a damn about a greenback, a dollar


Which of the 3 are you?
2012-11-28 10:14:04 PM
1 votes:
The problem with the U.S. $1 Coin is, it is very very similar in size, weight, and thickness to a quarter-dollar coin. When you're sorting your change, you don't want to have to carefully check your quarters to make sure they're not actually dollars. All they have to do is change the size and thickness of the $1 coin, and people would adopt it.

It doesn't even matter that we don't use a proper Metric progression (we should have a 2c coin and a 20c coin instead of the quarter). The killer is the similarity in size, thickness, and weight between a quarter-dollar coin and a dollar coin.
2012-11-28 10:13:04 PM
1 votes:

Dow Jones and the Temple of Doom: whatshisname: Traveling in the states, I'm always amazed at how thick my wallet gets with $1 bills. You don't even have $2 bills so the singles add up quickly. And then there's the fact that all your bills look pretty much the same so trying to find a $20 in the middle of a wad of $US is more difficult than it should be. The hint of colour they've added to bills is nice.

Eh, with our bills all you have to do is look at a corner to see what the denomination is. With Canadian and certain European bills, you have to rely on the shape, color, and artistry on the bill to figure it out. It's like, ok, I want to buy a coffee, will that cost the postcard-sized pink bill with a griffon on it, or the playing-card sized blue bill with what looks to be Geraldo Rivera's face on it?



It's important to make the high value notes big, so you can see at a distance how rich the person is when he whips it out. When a guy pulls what looks like sheet of gaudily-printed typing paper out of his wallet, you know that guy's loaded.
2012-11-28 10:11:55 PM
1 votes:
Dear America,

Sort out your farking bills in terms of size, design and colour.

Thank You, you bunch of lazy coonts.

Regards,

Some Furriner.
2012-11-28 10:11:25 PM
1 votes:

AverageAmericanGuy: How about we switch back to real greenbacks


arsenally.com

Approves of this idea.
2012-11-28 10:11:11 PM
1 votes:
The only places you find $1 coins are in rest stops along the interstates...that and collector editions.
2012-11-28 10:09:26 PM
1 votes:

Tommy Moo: Why all the talk of saving money by minting $1 coins? They cost six times as much to mint, and last about six times as long. It's a wash.


Coins last, on average, 30 years. Bills last 3. That's a 10x difference. Plus, it's easier for change machines and vending machines to handle coins than paper. Another savings.
2012-11-28 10:09:19 PM
1 votes:

jshine: whatshisname: You don't even have $2 bills so the singles add up quickly.

[unethicalblogger.com image 500x211]


Tried to use one of those in Utah in about 1978 and the cashier jumped back like it was a rattlesnake. She took it but set it aside in some special pile for "weird money" like it was covered in Ebola or something.
2012-11-28 10:06:25 PM
1 votes:
Those of you who want to keep the dollar bill should never travel to any European country. You'd see their currency, and the trauma would cause you to collapse in a puddle of your own pee. I like the coins better, because there's less issues of the coins jamming upa machine as opposed to the paper money, and it's not a big deal carrying around coins.
2012-11-28 10:04:27 PM
1 votes:
Traveling in the states, I'm always amazed at how thick my wallet gets with $1 bills. You don't even have $2 bills so the singles add up quickly. And then there's the fact that all your bills look pretty much the same so trying to find a $20 in the middle of a wad of $US is more difficult than it should be. The hint of colour they've added to bills is nice.
2012-11-28 10:00:31 PM
1 votes:

meanmutton: DanInKansas: From TFA: "As of May, the Fed had amassed $1.4 billion in $1 coins in its vaults because demand for the coins remains weak."

Anyone else feel a sudden urge to assemble a team of top-notch guys and form an insanely convoluted plan to nab the coins in a way the Fed will least expect?

Umm.. stop printing the dollar bill and the demand is going to skyrocket.


This times $1.00

If there's no competing paper $1, there will be no choice.

/might cause the $2 bill popularity to sky rocket in strip clubs
2012-11-28 10:00:05 PM
1 votes:

12349876: Ditch the penny and nickel too and you wouldn't have to worry about dealing with more coins. When the USA ditched the half penny shortly after the Civil War, it had more purchasing power than a dime today.


I've got an old British half-penny around here somewhere. It's so small and thin you could accidentally inhale it.
2012-11-28 09:59:35 PM
1 votes:
Why all the talk of saving money by minting $1 coins? They cost six times as much to mint, and last about six times as long. It's a wash.
2012-11-28 09:58:49 PM
1 votes:
$1 bills are ridiculous at this point. They wear out in three years and every other major currency has singles as coins. Kill the penny, mint the dollar, save some money.

If you think killing Big Bird will solve the federal deficit, you should be all over dollar coins.
2012-11-28 09:58:16 PM
1 votes:
I don't give a damn about a greenback, a dollar
2012-11-28 09:57:46 PM
1 votes:
Ditch the penny and nickel too and you wouldn't have to worry about dealing with more coins. When the USA ditched the half penny shortly after the Civil War, it had more purchasing power than a dime today.
2012-11-28 09:54:42 PM
1 votes:
How about we move the $1 production from the DC BEP facility where it costs $1.06 to produce a bill to the Dallas facility where it costs $0.79?
2012-11-28 09:54:11 PM
1 votes:
Look, if anyone gave me $1 coins as change, I would be happy to use them
2012-11-28 09:52:44 PM
1 votes:

AverageAmericanGuy: How about we switch back to real greenbacks and not this crappy Monopoly money first?


You folks sure are superstitious about your money always looking the same.
2012-11-28 09:51:23 PM
1 votes:

Toshiro Mifune's Letter Opener: Just wait until the $2 coin comes out.


We already had that, with both the Susan B Anthony, and then the Sack of Jawea. This isn't a new thing.
2012-11-28 09:49:38 PM
1 votes:
That makes cents.
2012-11-28 09:48:41 PM
1 votes:

unyon: You'd get over it.

/Canada


Except when the new ones won't work in the vending machine ARRRRRGH.

Coke insists the Queen look young and not shiny.
2012-11-28 09:48:21 PM
1 votes:
I freaking hate coins. Bills stack nicely in my wallet. Coins do not.
2012-11-28 09:32:21 PM
1 votes:
This would cause one of two things:

Stripper money inflation

or

Increase in circular skin impressions in the shape of said dollar coins on stripper skin
 
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