What would it cost to actually electroplate them in gold? And how would the finish hold up? I’d like a coin that will stay shiny for a long time, although I’ve heard that they’re treating these coins chemically so they won’t tarnish too quickly.
I’m all in favor of dropping the one-dollar bill, partly because I’ve read that it’s one of the lowest denomination bills in the world and also because it will save the government money.
One example, off the top of my head - Cambodia has 50 riel banknotes, worth 1.25 cents at the exchange rate of $1 = 4000 riels. They don’t seem to use coins at all, or at least I never came across any while I was there.
Looks like a death mask for Washington, Adams and Jefferson look like bad female impersonators and Madison looks like a baaaaad ass.The Madison dollar would bitch slap the Adams dollar right outta my pocket.
I’d love to know why Americans hate change so much. I love coins, the chunkier the better. Our 5p pieces which are about dime-size, are annoying as hell. With nice chunky £1 and £2 coins in your pocket, you can reach in and get the right money without looking and without fumbling around in a wallet. I’d be happy with £5 and £10 coins too. (A million of each would suffice.)
Count me as another coin hater. I save quarters for the laundromat, but everything else goes into a big cup which is occasionally taken down to the credit union to run through their Coinstar-esque machine. I collect state quarters, but mostly for the novelty value. I can’t be bothered to collect both P and D versions, or even notice which version a particular quarter is. I’m not sure if I’m going to collect presidential dollar coins. I have a Sackie stashed away (along with a $2 bill, a couple of buffalo nickels, and a few other monetary oddities) but the Suzie B is just too ugly to keep around
The link says they will be of the same “metal composition” as sackies. Not sure if that means the “finish” will be identical. If so, would seem like a major error. Of course, its not as tho these are intended to be used. :rolleyes:
Gotta admit, tho, IMO the edge inscription is pretty cool.
What’s the big deal with coins tarnishing? £1 coins are shiny and gold when new, but after a year or two they’re just about the colour of what I believe you call boogers. But you can still exchange three of them for a pint and a handful of shrapnel, so who’s complaining?
“Change” is what’s left over after you pay for something with “money”. Coins are now relegated to being change instead of money. You can’t buy anything with them, so having a bunch of it jangling in your pocket is just annoying instead of good. If coins were worth something, like $2 or $5, having a bunch of them would mean you’ve got money to buy stuff with.
We’ve allowed them to get so valueless, their usefullness has kind of gone out the other side. It used to be that coins were money. A couple of quarters could get you a sandwich or breakfast and coffee. Then coins were worth less than that, but still enough that you would save them next to your wallet when you got home, to use the next day. Now, they’re so worthless you don’t even bother reaching into your pocket for coins when buying something, it’s too much trouble, just collect a day’s worth and chuck it in the jar when you get home.
I’d like that too, but since we can’t even manage to convince people that getting rid of the penny is a good idea (let alone replace the dollar bill with a coin), it seems like a lost cause. In the meantime, I’m strongly in favor of increasing government income in a way that’s completely voluntary and doesn’t affect me at all.