I find this interesting. I know that the US Mint was suppose to start a campaign for these, not as strong as the Sacagawea’s though, but they never said what they’d do. I wouldn’t be surprised if this was another promotion as one employee said in an article (from a different site) that the government told them to do this. The US government can’t force anyone to give these out, but they could make some kind of deal with Wal-Mart again. Even so, the arguments they give are true and the coin does last longer and in the long run is cheaper.
Question: I heard on the news that the Dollar Coin - with Washington or Adams that does not have “In God We Trust” on the side is a collectors item. Does anyone know the value of such?
$1 coins that did not have the edge writing on them were originally selling at $200 on Ebay, but now I think they are closer to $50. I don’t know long this will last. With usage it appears that the coins edge does wear down somewhat lessening the appearance of the edge writing. Over time I wouldn’t be surprised if more coins showed up with no edge writing due to normal wear and tear.
For now though they are worth more than a coin with edge writing.
Who is in charge of getting the medium of exchange for public use into circulation anyway? Put a Two or three dollar bill into circulation and take the one dollar bill out.People will complain for awhile but,they will get used to it in time.It will have to be used in transactions and a coin dollar will just be a normal dollar as part of a normal transaction.
“Unless or until the dollar bill is removed from circulation, it will always remain king.”
Earth to BEP and U.S. Mint …
Co-circulation has never worked in any major country. I don’t understand why everyone in our government thinks the U.S. is somehow different.
“People will complain for awhile but,they will get used to it in time.”
Absolutely! There was a lot of squawking in Canada when the Loonie first appeared. But I was in Toronto a few years later when the $2 coin was being designed and the news was filled with positive comments. People now liked their $1 coins so much they wanted the new $2 pieces as soon as possible.
February 21st, 2008 at 4:02 am
Inflation will make $5 Dollar Coin will be soon be in making. Soon penny and nickel could be removed from circulation. Or be made of plastic!
February 21st, 2008 at 6:29 pm
I find this interesting. I know that the US Mint was suppose to start a campaign for these, not as strong as the Sacagawea’s though, but they never said what they’d do. I wouldn’t be surprised if this was another promotion as one employee said in an article (from a different site) that the government told them to do this. The US government can’t force anyone to give these out, but they could make some kind of deal with Wal-Mart again. Even so, the arguments they give are true and the coin does last longer and in the long run is cheaper.
March 31st, 2008 at 6:44 am
Question: I heard on the news that the Dollar Coin - with Washington or Adams that does not have “In God We Trust” on the side is a collectors item. Does anyone know the value of such?
March 31st, 2008 at 5:03 pm
$1 coins that did not have the edge writing on them were originally selling at $200 on Ebay, but now I think they are closer to $50. I don’t know long this will last. With usage it appears that the coins edge does wear down somewhat lessening the appearance of the edge writing. Over time I wouldn’t be surprised if more coins showed up with no edge writing due to normal wear and tear.
For now though they are worth more than a coin with edge writing.
July 16th, 2008 at 3:20 am
Who is in charge of getting the medium of exchange for public use into circulation anyway? Put a Two or three dollar bill into circulation and take the one dollar bill out.People will complain for awhile but,they will get used to it in time.It will have to be used in transactions and a coin dollar will just be a normal dollar as part of a normal transaction.
January 2nd, 2009 at 9:18 pm
“Unless or until the dollar bill is removed from circulation, it will always remain king.”
Earth to BEP and U.S. Mint …
Co-circulation has never worked in any major country. I don’t understand why everyone in our government thinks the U.S. is somehow different.
“People will complain for awhile but,they will get used to it in time.”
Absolutely! There was a lot of squawking in Canada when the Loonie first appeared. But I was in Toronto a few years later when the $2 coin was being designed and the news was filled with positive comments. People now liked their $1 coins so much they wanted the new $2 pieces as soon as possible.