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	<title>Comments on: US Dollar Coins Glut, Supply Far Exceeds Demand</title>
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		<title>By: Munze</title>
		<link>http://www.coinnews.net/2009/12/22/us-dollar-coins-glut-supply-far-exceeds-demand/comment-page-1/#comment-36428</link>
		<dc:creator>Munze</dc:creator>
		<pubDate>Sun, 31 Jul 2011 23:54:48 +0000</pubDate>
		<guid isPermaLink="false">http://www.coinnews.net/?p=2430#comment-36428</guid>
		<description>Mamaw, the problem was and is the bureaucratic stupidity of continuing to be the only industrialized country to keep printing such a low-denomination paper bill AND not have an effective $2 bill or coin to fill the gap between the 1 and the 5 for change-making.

Our coinage system is broken, along with much bigger stuff like the budget, health care, energy, pensions, even how we measure things. But it seems all of the supposed &quot;fixes&quot; proposed will only add MORE breakage.</description>
		<content:encoded><![CDATA[<p>Mamaw, the problem was and is the bureaucratic stupidity of continuing to be the only industrialized country to keep printing such a low-denomination paper bill AND not have an effective $2 bill or coin to fill the gap between the 1 and the 5 for change-making.</p>
<p>Our coinage system is broken, along with much bigger stuff like the budget, health care, energy, pensions, even how we measure things. But it seems all of the supposed &#8220;fixes&#8221; proposed will only add MORE breakage.</p>
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		<title>By: Mamaw</title>
		<link>http://www.coinnews.net/2009/12/22/us-dollar-coins-glut-supply-far-exceeds-demand/comment-page-1/#comment-36349</link>
		<dc:creator>Mamaw</dc:creator>
		<pubDate>Wed, 27 Jul 2011 17:34:16 +0000</pubDate>
		<guid isPermaLink="false">http://www.coinnews.net/?p=2430#comment-36349</guid>
		<description>Now that it is 2011 I hope most of you that posted here will go back and read what you wrote. Just too much assuming goes on. We still have the paper dollar bill. The coins are not being used and now our government is spending MORE tax dollars on storage for these coins.</description>
		<content:encoded><![CDATA[<p>Now that it is 2011 I hope most of you that posted here will go back and read what you wrote. Just too much assuming goes on. We still have the paper dollar bill. The coins are not being used and now our government is spending MORE tax dollars on storage for these coins.</p>
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		<title>By: billymac11</title>
		<link>http://www.coinnews.net/2009/12/22/us-dollar-coins-glut-supply-far-exceeds-demand/comment-page-1/#comment-14696</link>
		<dc:creator>billymac11</dc:creator>
		<pubDate>Wed, 30 Dec 2009 14:10:52 +0000</pubDate>
		<guid isPermaLink="false">http://www.coinnews.net/?p=2430#comment-14696</guid>
		<description>I see them in use at downtown street parking payment kiosks: a $1 coin gets me 1 hour for lunch at a downtown restaurant. I keep a dozen or so at a time (discretely)in a cup holder.</description>
		<content:encoded><![CDATA[<p>I see them in use at downtown street parking payment kiosks: a $1 coin gets me 1 hour for lunch at a downtown restaurant. I keep a dozen or so at a time (discretely)in a cup holder.</p>
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		<title>By: billymac11</title>
		<link>http://www.coinnews.net/2009/12/22/us-dollar-coins-glut-supply-far-exceeds-demand/comment-page-1/#comment-14694</link>
		<dc:creator>billymac11</dc:creator>
		<pubDate>Wed, 30 Dec 2009 14:07:49 +0000</pubDate>
		<guid isPermaLink="false">http://www.coinnews.net/?p=2430#comment-14694</guid>
		<description>I can see a Mint-sponsored PSA on TV: frustrated people repeatedly feeding wrinkled dollar bills into vending machines only to have them spit back out. Along comes someone else with a dollar coin, puts it in, gets their soda or whatever, gives a bemused look at the frustrated person, and walks off happy.

I agree with lepusrex: lower the limit of direct ship dollars to $100 with no shipping charge. &quot;People power&quot; will get these presidential metal heads into circulation -  and cheaper, too, than the current methods. Visionary decision-makers just have to wrap their heads around counter-intuitive ideas that just might work.</description>
		<content:encoded><![CDATA[<p>I can see a Mint-sponsored PSA on TV: frustrated people repeatedly feeding wrinkled dollar bills into vending machines only to have them spit back out. Along comes someone else with a dollar coin, puts it in, gets their soda or whatever, gives a bemused look at the frustrated person, and walks off happy.</p>
<p>I agree with lepusrex: lower the limit of direct ship dollars to $100 with no shipping charge. &#8220;People power&#8221; will get these presidential metal heads into circulation &#8211;  and cheaper, too, than the current methods. Visionary decision-makers just have to wrap their heads around counter-intuitive ideas that just might work.</p>
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		<title>By: Mr. M</title>
		<link>http://www.coinnews.net/2009/12/22/us-dollar-coins-glut-supply-far-exceeds-demand/comment-page-1/#comment-14329</link>
		<dc:creator>Mr. M</dc:creator>
		<pubDate>Sun, 27 Dec 2009 18:45:38 +0000</pubDate>
		<guid isPermaLink="false">http://www.coinnews.net/?p=2430#comment-14329</guid>
		<description>I&#039;ve only seen 3 places that use the $1 coin, only one is a surprise:

1) The self-serve checkout line at my local grocery store accepts $1 coins, although it is not advertised.
2) A parking garage
3) A pool hall for their coin operated tables. (This was the shocker as play at most coin operated tables that I&#039;ve come across is $1, but these tables usually accept $1. The tables I am referring to only accept $1 coins). For me this is nice, because I don&#039;t have to fiddle with say 20 coins for 5 games of play, instead I have just 5 in my pocket.

The government needs to step up advertising and promote these coins to businesses. They need to come up with a campaign that explains how $1 coins are more convenient than using 4 quarters and often times more convenient than a wrinkled $1 bill. 

Here&#039;s my thought on the $1 coin being more &quot;convenient.&quot; Businesses won&#039;t have to refill their change machines as often. Saving the owner time with having to re-fill the machines. Also less trips to the bank for said coins. Customers do not have to fiddle with as much change in their pocket. Besides, if they are only using the $1 coin for say a game of pool why should they care if the establishment is using $1 coins instead of quarters? As soon as they get their change they drop it into the table for play. Same thing with a laundry mat. Also, the coin is easy to feed into a machine. A paper bill, as we all know, can be a pain to have spit back in our faces after it is rejected. The $1 coin offers a small convenience for the consumer, because we do not have to worry about flattening a coin. Sticking with the $1 bill side of the argument using $1 coins will save the business money on repairing their coin operated machines, because a coin will not tear and get stuck like bills often do. Which often takes the device out of service.</description>
		<content:encoded><![CDATA[<p>I&#8217;ve only seen 3 places that use the $1 coin, only one is a surprise:</p>
<p>1) The self-serve checkout line at my local grocery store accepts $1 coins, although it is not advertised.<br />
2) A parking garage<br />
3) A pool hall for their coin operated tables. (This was the shocker as play at most coin operated tables that I&#8217;ve come across is $1, but these tables usually accept $1. The tables I am referring to only accept $1 coins). For me this is nice, because I don&#8217;t have to fiddle with say 20 coins for 5 games of play, instead I have just 5 in my pocket.</p>
<p>The government needs to step up advertising and promote these coins to businesses. They need to come up with a campaign that explains how $1 coins are more convenient than using 4 quarters and often times more convenient than a wrinkled $1 bill. </p>
<p>Here&#8217;s my thought on the $1 coin being more &#8220;convenient.&#8221; Businesses won&#8217;t have to refill their change machines as often. Saving the owner time with having to re-fill the machines. Also less trips to the bank for said coins. Customers do not have to fiddle with as much change in their pocket. Besides, if they are only using the $1 coin for say a game of pool why should they care if the establishment is using $1 coins instead of quarters? As soon as they get their change they drop it into the table for play. Same thing with a laundry mat. Also, the coin is easy to feed into a machine. A paper bill, as we all know, can be a pain to have spit back in our faces after it is rejected. The $1 coin offers a small convenience for the consumer, because we do not have to worry about flattening a coin. Sticking with the $1 bill side of the argument using $1 coins will save the business money on repairing their coin operated machines, because a coin will not tear and get stuck like bills often do. Which often takes the device out of service.</p>
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		<title>By: PMiller</title>
		<link>http://www.coinnews.net/2009/12/22/us-dollar-coins-glut-supply-far-exceeds-demand/comment-page-1/#comment-14257</link>
		<dc:creator>PMiller</dc:creator>
		<pubDate>Sat, 26 Dec 2009 20:06:42 +0000</pubDate>
		<guid isPermaLink="false">http://www.coinnews.net/?p=2430#comment-14257</guid>
		<description>Welcome to the wonderful world of bureaucracy.  Please name something the government does well.  This is the kind of bureaucrap we get with an ever expanding government.  Pennies should be eliminated along with the dollar bill but no one in gov&#039;t can figure that one out and get it implemented.  The presidential carnival batting cage tokens are crappy coins but they are much better than the dollar bill and would last a lot longer as previously pointed out.</description>
		<content:encoded><![CDATA[<p>Welcome to the wonderful world of bureaucracy.  Please name something the government does well.  This is the kind of bureaucrap we get with an ever expanding government.  Pennies should be eliminated along with the dollar bill but no one in gov&#8217;t can figure that one out and get it implemented.  The presidential carnival batting cage tokens are crappy coins but they are much better than the dollar bill and would last a lot longer as previously pointed out.</p>
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		<title>By: Munze</title>
		<link>http://www.coinnews.net/2009/12/22/us-dollar-coins-glut-supply-far-exceeds-demand/comment-page-1/#comment-14236</link>
		<dc:creator>Munze</dc:creator>
		<pubDate>Sat, 26 Dec 2009 04:06:22 +0000</pubDate>
		<guid isPermaLink="false">http://www.coinnews.net/?p=2430#comment-14236</guid>
		<description>Only in America can a combination of bureaucratic stupidity, Congressional inertia, and corporate greed (Crane Paper) produce such insane waste!  Other countries eliminated their lowest-denomination paper notes with the stroke of a pen.  People fussed for a while, then settled back to normal, especially when they found out how convenient the coins are for vending machines, transit fares, etc.  But here, every pipsqueak representative from East Nostril, Texas and Potato Field, Idaho would have to get in their say - not to mention trying to add pet projects like bridges and museums to a coinage law! 

If the government wanted to it could do an end-run around Congress by ordering all Federal facilities with retail operations (post offices, national parks, etc.) to use only $1 coins and $2 bills when making change for amounts under five bucks.  Nobody would be able to gripe about getting a fistful of coins in change and anyone foolish enough to hoard either the coins or bills would soon be swimming in them. 

But, this being Dec. 25th, I&#039;m more likely to see Santa Claus himself than having the government stop wasting money.

P.S. - Nick, get your caps lock fixed - it&#039;s stuck !!!!!</description>
		<content:encoded><![CDATA[<p>Only in America can a combination of bureaucratic stupidity, Congressional inertia, and corporate greed (Crane Paper) produce such insane waste!  Other countries eliminated their lowest-denomination paper notes with the stroke of a pen.  People fussed for a while, then settled back to normal, especially when they found out how convenient the coins are for vending machines, transit fares, etc.  But here, every pipsqueak representative from East Nostril, Texas and Potato Field, Idaho would have to get in their say &#8211; not to mention trying to add pet projects like bridges and museums to a coinage law! </p>
<p>If the government wanted to it could do an end-run around Congress by ordering all Federal facilities with retail operations (post offices, national parks, etc.) to use only $1 coins and $2 bills when making change for amounts under five bucks.  Nobody would be able to gripe about getting a fistful of coins in change and anyone foolish enough to hoard either the coins or bills would soon be swimming in them. </p>
<p>But, this being Dec. 25th, I&#8217;m more likely to see Santa Claus himself than having the government stop wasting money.</p>
<p>P.S. &#8211; Nick, get your caps lock fixed &#8211; it&#8217;s stuck !!!!!</p>
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		<title>By: NICK</title>
		<link>http://www.coinnews.net/2009/12/22/us-dollar-coins-glut-supply-far-exceeds-demand/comment-page-1/#comment-14094</link>
		<dc:creator>NICK</dc:creator>
		<pubDate>Tue, 22 Dec 2009 17:56:05 +0000</pubDate>
		<guid isPermaLink="false">http://www.coinnews.net/?p=2430#comment-14094</guid>
		<description>I LOVE IT. I HOPE THE BANKS CONTINUE TO RETURN DOLLAR COINS TO THE FEDERAL RESERVE. 

EVENTUALLY CONGRESS WILL HAVE TO TAKE ACTION AND BAN THE USE AND PRODUCTION OF THE GERM CARRYING DOLLAR BILL. 

THE &quot;CDC&quot; WILL BE VERY HAPPY AS DOLLAR BILLS CARRY MANY DISEASE BACTERIA SUCH AS: &quot;E COLI&quot; AND BLOOD BORN PATHOGENS LIKE &quot;MIRSA&quot;.

DOLLARS COIN ARE BACTERIOSTATIC AND ARE ACTUALLY GERM RESISTANT.

THIS WOULD BE BENEFICIAL IN MANY WAYS.

I PROPOSE: 

 1) BAN AND STOP PRODUCING THE $1, $5, AND$10 BILL. SET A TIME LIMIT ON CASHING DOLLAR BILLS IN FOR: DOLLAR COINS TWENTIES, FIFTIES OR HUNDRED DOLLARS BILLS.

 DO NOT ALLOW THEM TO BE EXCHANGED FOR FIVES,OR TENS.

 2) AFTER A CERTAIN LENGTH OF TIME SAY (ONE YEAR) ANY DOLLAR BILL NOT TURNED BACK IN BECOMES OBSOLETE.
THIS WAY THE GOVERNMENT CAN LOWER THE NATIONAL DEBT BY BILLIONS OF DOLLARS.

3) MANY BILLIONS OF DOLLAR BILLS EVEN THOUGH OBSOLETE WOULD GO INTO COLLECTIONS SO NO ACTUAL LOSS FOR THE PERSONS THAT KEEP THEM. THEIR IS ALWAYS A MARKET FOR COLLECTABLES.

4) EVENTUALLY THE $5 AND $10 DOLLAR BILLS COULD BE REMOVED IN THE SAME WAY. A $5 AND $10 DOLLAR COIN COULD THEN BE MADE OUT OF SILVER AND THE COUNTY COULD GO BACK ON THE SILVER STANDARD AGAIN.

BY DOING THIS WE LOWER NATIONAL DEBT.
CREATE COLLECTABLE AT NO COST TO THE TAX PAYER.
RESTORE CONFIDENCE THOUGH OUT THE WORLD IN THE VALUE OF THE AMERICAN DOLLAR AS IT WOULD NO LONGER BE FIAT MONEY.

MOST IMPORTANT DOING THIS WOULD HELP ELIMINATE A MAJOR CAUSE OF DISEASE IN THE WORLD POPULATION.

OKAY NOW PEOPLE RETURN YOUR DOLLAR COINS AS FAST AS YOU CAN AND AS MANY AS YOU HAVE SO WE CAN GET RID OF THE $1, $5 AND $10 BILLS.</description>
		<content:encoded><![CDATA[<p>I LOVE IT. I HOPE THE BANKS CONTINUE TO RETURN DOLLAR COINS TO THE FEDERAL RESERVE. </p>
<p>EVENTUALLY CONGRESS WILL HAVE TO TAKE ACTION AND BAN THE USE AND PRODUCTION OF THE GERM CARRYING DOLLAR BILL. </p>
<p>THE &#8220;CDC&#8221; WILL BE VERY HAPPY AS DOLLAR BILLS CARRY MANY DISEASE BACTERIA SUCH AS: &#8220;E COLI&#8221; AND BLOOD BORN PATHOGENS LIKE &#8220;MIRSA&#8221;.</p>
<p>DOLLARS COIN ARE BACTERIOSTATIC AND ARE ACTUALLY GERM RESISTANT.</p>
<p>THIS WOULD BE BENEFICIAL IN MANY WAYS.</p>
<p>I PROPOSE: </p>
<p> 1) BAN AND STOP PRODUCING THE $1, $5, AND$10 BILL. SET A TIME LIMIT ON CASHING DOLLAR BILLS IN FOR: DOLLAR COINS TWENTIES, FIFTIES OR HUNDRED DOLLARS BILLS.</p>
<p> DO NOT ALLOW THEM TO BE EXCHANGED FOR FIVES,OR TENS.</p>
<p> 2) AFTER A CERTAIN LENGTH OF TIME SAY (ONE YEAR) ANY DOLLAR BILL NOT TURNED BACK IN BECOMES OBSOLETE.<br />
THIS WAY THE GOVERNMENT CAN LOWER THE NATIONAL DEBT BY BILLIONS OF DOLLARS.</p>
<p>3) MANY BILLIONS OF DOLLAR BILLS EVEN THOUGH OBSOLETE WOULD GO INTO COLLECTIONS SO NO ACTUAL LOSS FOR THE PERSONS THAT KEEP THEM. THEIR IS ALWAYS A MARKET FOR COLLECTABLES.</p>
<p>4) EVENTUALLY THE $5 AND $10 DOLLAR BILLS COULD BE REMOVED IN THE SAME WAY. A $5 AND $10 DOLLAR COIN COULD THEN BE MADE OUT OF SILVER AND THE COUNTY COULD GO BACK ON THE SILVER STANDARD AGAIN.</p>
<p>BY DOING THIS WE LOWER NATIONAL DEBT.<br />
CREATE COLLECTABLE AT NO COST TO THE TAX PAYER.<br />
RESTORE CONFIDENCE THOUGH OUT THE WORLD IN THE VALUE OF THE AMERICAN DOLLAR AS IT WOULD NO LONGER BE FIAT MONEY.</p>
<p>MOST IMPORTANT DOING THIS WOULD HELP ELIMINATE A MAJOR CAUSE OF DISEASE IN THE WORLD POPULATION.</p>
<p>OKAY NOW PEOPLE RETURN YOUR DOLLAR COINS AS FAST AS YOU CAN AND AS MANY AS YOU HAVE SO WE CAN GET RID OF THE $1, $5 AND $10 BILLS.</p>
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		<title>By: lepusrex</title>
		<link>http://www.coinnews.net/2009/12/22/us-dollar-coins-glut-supply-far-exceeds-demand/comment-page-1/#comment-14093</link>
		<dc:creator>lepusrex</dc:creator>
		<pubDate>Tue, 22 Dec 2009 17:52:31 +0000</pubDate>
		<guid isPermaLink="false">http://www.coinnews.net/?p=2430#comment-14093</guid>
		<description>INTERESTING
it has been like pulling teeth to obtain  the Presidential Dollar Coins and even WORSE trouble to obtain the Native American Dollar coin.
Some banks will not even order the Presidential Coins and every Bank that i have visited says that they can not even order the Native American Dollar Coion.

ONCE MORE, NOWHERE do i     H E A R    OR    SEE      ANY    promoting of these coins.  i give both all of the Dollar Coins as Gifts and Tips  and  as of Two 2 DAYS   ago, some people are not even aware of even the Susan B Anthony coins.  

It would be nice if a collector tri fold would come out that would hold all of the Dollar coins. that is, i have to modify the existing Presidential     Tri fold Collector    books to hold the Susan B and the Sacagewea Original and now the New Yearly series.

Also, make the minimum amount that the public can order of the Native American Coins   $100.00 in stead of  $250.00 and i bet much more would be ordered and circulated.

SO  get SPREAD THE WORD  and i bet more of the Dollar Coins will be CIRCULATED  and collected.

now im done, im out</description>
		<content:encoded><![CDATA[<p>INTERESTING<br />
it has been like pulling teeth to obtain  the Presidential Dollar Coins and even WORSE trouble to obtain the Native American Dollar coin.<br />
Some banks will not even order the Presidential Coins and every Bank that i have visited says that they can not even order the Native American Dollar Coion.</p>
<p>ONCE MORE, NOWHERE do i     H E A R    OR    SEE      ANY    promoting of these coins.  i give both all of the Dollar Coins as Gifts and Tips  and  as of Two 2 DAYS   ago, some people are not even aware of even the Susan B Anthony coins.  </p>
<p>It would be nice if a collector tri fold would come out that would hold all of the Dollar coins. that is, i have to modify the existing Presidential     Tri fold Collector    books to hold the Susan B and the Sacagewea Original and now the New Yearly series.</p>
<p>Also, make the minimum amount that the public can order of the Native American Coins   $100.00 in stead of  $250.00 and i bet much more would be ordered and circulated.</p>
<p>SO  get SPREAD THE WORD  and i bet more of the Dollar Coins will be CIRCULATED  and collected.</p>
<p>now im done, im out</p>
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		<title>By: John</title>
		<link>http://www.coinnews.net/2009/12/22/us-dollar-coins-glut-supply-far-exceeds-demand/comment-page-1/#comment-14091</link>
		<dc:creator>John</dc:creator>
		<pubDate>Tue, 22 Dec 2009 17:27:44 +0000</pubDate>
		<guid isPermaLink="false">http://www.coinnews.net/?p=2430#comment-14091</guid>
		<description>My family participates in the $1 Coin &quot;Direct Ship&quot; program and spends 250 coins per week at local merchants.  It is very convenient and we are hooked on them.  Many cashiers and business owners ask us if they can have more coins.  Unfortunately, I think most people want them to hoard them, not circulate them.  There is a backlog in the supply since November 2009 presumably because of an internet scam in which people gain credit card benefits by purchasing thousands of these coins and then immediately depositing them and paying off the bill.  This delays shipments for legitimate participants.  TAKE A BOLD STEP AND STOP MAKING THE PAPER BILL.  The public will use them when they are in abundant supply and there is no alternative.</description>
		<content:encoded><![CDATA[<p>My family participates in the $1 Coin &#8220;Direct Ship&#8221; program and spends 250 coins per week at local merchants.  It is very convenient and we are hooked on them.  Many cashiers and business owners ask us if they can have more coins.  Unfortunately, I think most people want them to hoard them, not circulate them.  There is a backlog in the supply since November 2009 presumably because of an internet scam in which people gain credit card benefits by purchasing thousands of these coins and then immediately depositing them and paying off the bill.  This delays shipments for legitimate participants.  TAKE A BOLD STEP AND STOP MAKING THE PAPER BILL.  The public will use them when they are in abundant supply and there is no alternative.</p>
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