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Tool Talk Discussion Forum

not tool talk but money talk

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mpuller2

11-26-2006 17:32:02




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This is off topic of tool talk but I see the US mint is going to issue new $1.00 coins, due out in Feb. I don't know why they continue making the one doller bills when these would last so much longer. What do you people think, would you use a new dollar coin (if it didn't look like a quarter again) or do you think this is just a money maker for the goverment as many people buy and hoard coins?




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02

11-29-2006 11:38:09




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 Re: not tool talk but money talk in reply to mpuller2, 11-26-2006 17:32:02  
The U.S. dollar is tanking.makes me wonder what they can make it out of that is worth less than a dollar-plastic perhaps?



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Doug in Illinois

11-27-2006 20:15:15




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 Re: not tool talk but money talk in reply to mpuller2, 11-26-2006 17:32:02  
Just heard today the new dollar coin is going to have IN GOD WE TRUST on the narrow rim of the coin and will have to use a magnifying glass to see it. Seems to me the atheists are having too much say in our government, but I guess what is to be expected with all the corruption going on in Washington right now.



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Stumpalump

11-27-2006 08:43:39




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 Re: not tool talk but money talk in reply to mpuller2, 11-26-2006 17:32:02  
I was in Europe this past summer. They use all kinds of large coins. It was one more thing that made me hate that land of miserable hatefull people. "But they are a solem people". Bull, they are miserable. Italy, Switzeland, Germany can keep thier form of money and everthing else! God bless the USA!



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Dusty

11-27-2006 05:48:49




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 Re: not tool talk but money talk in reply to mpuller2, 11-26-2006 17:32:02  
I have an old one that's smaller than a dime.

Dusty



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Burnie

11-27-2006 05:24:47




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 Re: not tool talk but money talk in reply to mpuller2, 11-26-2006 17:32:02  
We've had $1.00 and $2.00 coins in Australia for a long time now. If I get a few too many in my pocket I just spend them instead of notes or bung 'em in the ashtray of my ute. They're great for payphones and vending machines as you don't have to feed in as many coins or smooth out notes.



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1936

11-27-2006 04:38:03




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 Re: not tool talk but money talk in reply to mpuller2, 11-26-2006 17:32:02  
New dollar coins will not play well in general usage. The Canadians use only 1 and 2 dollar coins, no paper. Until this happens here no change. I don't want to carry a pocket full of slugs. Don't want to any civil servents to retire from the mint. Got to keep the presses going 24/7 for the war money.



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DitchWI

11-26-2006 20:08:10




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 Re: not tool talk but money talk in reply to mpuller2, 11-26-2006 17:32:02  
From what I understand these coins are more of a marketing ploy than to be used as everyday pocket money.They figiure they can play them off as popular collector coins simular to the state quarters.
Anyway who wants to carry around a pocket full of heavy change.As for filling up the wallet, who even carries a wallet anymore? The only thing in this mans pocket is paper folded over the drivers license and debit card, anything else is overkill.If you do anykind of traveling you will know what I'm talking about.A wallet is nothing but a liability.
DitchWI

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mpuller2

11-26-2006 20:19:51




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 Re: not tool talk but money talk in reply to DitchWI, 11-26-2006 20:08:10  
Sounds like you use same thing for your money storage as I do, paper money folded over drivers license and credit card. Rubber band is used for money clip. (rubber band last aprox. 60 days and needs replacement) Storage in front pants pocket. Very safe from pickpockets, doesn't work out like a billfold does and is not uncomfotable like a billfold is.
Myself, I would like the dollar coins. If you use your coins like you would dollar bills you shouldn't have over 4 in your pocket at one time.

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MPK

11-26-2006 19:48:33




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 Re: not tool talk but money talk in reply to mpuller2, 11-26-2006 17:32:02  
They would fill up the coin pocket in the billfold too fast. In fact, most new billfolds now don"t even have a coin pocket any more. What I don"t like is when poeple stick bills in their pocket and wrinkel them all up and then when I get them I have to staighten them out in order to put them in my billfold.



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john in nebraska

11-26-2006 19:24:11




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 Re: not tool talk but money talk in reply to mpuller2, 11-26-2006 17:32:02  
the Susan B. and the Sacajawea coins failed because the US mint doesn't understand that the umpteen million cash register drawers in use in the USA don't have a spot for a dollar coin, and they made them way too close to size of the quarter, everytime change was handed out the help shorted the drawer by $.75, was complained about when the Susan B's came out, soooo they made the 'gold' coin the same dern size. Guess nobody remembers there used to be a 1/2 dollar coin? at least not in the mint.

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Coloken

11-26-2006 18:44:12




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 Re: not tool talk but money talk in reply to mpuller2, 11-26-2006 17:32:02  
all ways wanted to play poker with the good old silver dollars. Now that was money that felt like money.



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Tom in TN

11-26-2006 18:02:46




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 Re: not tool talk but money talk in reply to mpuller2, 11-26-2006 17:32:02  
mpuller,

Personally, I'm quite satisfied with a paper dollar. It isn't broken, so I'd prefer that the government find something else to fix instead of that.

Tom in TN



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Tim Casbolt

11-26-2006 17:55:33




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 Re: not tool talk but money talk in reply to mpuller2, 11-26-2006 17:32:02  
Yes I would. What I don't understand is when I read in the paper last week about the miserable failure of the Susie B. and Sacagawea (sp?) dollar. I have yet to receive either for change. How can a denomination of currency fail? Either they distribute them, or they don't. Seems to me they could start putting out dollar coins at the rate they put out dollar bills, fix the vending machines to accept them, and there'd be no desire for the paper.

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Ron in Nebr

11-26-2006 17:48:50




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 Re: not tool talk but money talk in reply to mpuller2, 11-26-2006 17:32:02  
As far as lasting longer, I've never seemed to be able to keep a dollar bill long enough to wear it out.

Plus, I think the new coin would be kinda tricky to make stay in a dancing girl's g-string..... .well, maybe not if properly applied.

Seriously though, I think I'd rather carry around a roll of paper bills than a pocket full of heavier coins.



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Steve Crum

11-26-2006 18:40:46




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 Re: not tool talk but money talk in reply to Ron in Nebr, 11-26-2006 17:48:50  
Where can you find G-string dancing girls for a buck?
Haven't seen one for less than a sawbuck in years! Not that I've really been looking.



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dcw

11-26-2006 17:53:32




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 Re: not tool talk but money talk in reply to Ron in Nebr, 11-26-2006 17:48:50  
You don't carry them around for long,they disappear as fast as the paper ones do.If you had $10 in paper ones in your wallet,you could turn them in for one ten.The $2 coins are the same,a large coffee pretty much takes care of a $2 coin.



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dcw

11-26-2006 17:47:59




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 Re: not tool talk but money talk in reply to mpuller2, 11-26-2006 17:32:02  
We've had dollar coins and two dollar coins for quite some time up here.They're great.They don't clutter up our pockets because most of us unload them at our favorite national coffee shop at least twice a day,maybe more.Up here,of course,is Canada.



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Ludwig

11-28-2006 10:25:38




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 Re: not tool talk but money talk in reply to dcw, 11-26-2006 17:47:59  
I think the $2 coins in Canada are just great, wish we could get them down here. I've had maybe a half dozen of the golden dollars and I don't see what the fuss is about. If you've got a big handful of change in your pocket its because you're too lazy to use change when you buy stuff. I know thats true because I do it...
A dollar coin would be so much more handy for toll roads, pay phones and vending machines.

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