swatpamike
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When Will The US Get Rid Of The Dollar Bill?

Thu Apr 14, 2005 3:54 pm

Hello all

Having come back from my UK holiday last month. And liking the 1&2 pound coins, my question is when will the US get rid of the paper dollar bill? I would think that it would be a cost savings.

I love to use the Golden Dollar features Sacagawea. This really screws people up sometime although not as much as when I use the Susan B Anthony coin.

Your takes?

Cheers

swatpamike
 
UTA_flyinghigh
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RE: When Will The US Get Rid Of The Dollar Bill?

Thu Apr 14, 2005 3:58 pm

What does a dollar coin look like ?

UTA  checkeredflag 
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swatpamike
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RE: When Will The US Get Rid Of The Dollar Bill?

Thu Apr 14, 2005 4:11 pm

Quoting UTA_flyinghigh (Reply 1):
What does a dollar coin look like ?

http://www.usmint.gov/mint_programs/...ndex.cfm?action=golden_dollar_coin


cheers

swatpamike
 
flyf15
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RE: When Will The US Get Rid Of The Dollar Bill?

Thu Apr 14, 2005 4:15 pm

I hope we get rid of the penny....
 
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aerorobnz
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RE: When Will The US Get Rid Of The Dollar Bill?

Thu Apr 14, 2005 4:22 pm

Even if they don't switch to coins they should at least change to polymer notes like we have in Australia,New Zealand and the EU. That's what I hated about the UK notes, they still made them out of paper, and the notes got tatty easily, not to mention if you leave them in your trousers and they go in the wash you cannot use them.
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USAFHummer
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RE: When Will The US Get Rid Of The Dollar Bill?

Thu Apr 14, 2005 4:31 pm

Quoting Aerorobnz (Reply 4):
Even if they don't switch to coins they should at least change to polymer notes like we have in Australia,New Zealand and the EU.

I dunno what our bills are made of, but I can assure you through recent first-hand experience that they have no trouble handling a trip through the washer and dryer...

Greg
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bill142
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RE: When Will The US Get Rid Of The Dollar Bill?

Thu Apr 14, 2005 4:54 pm

Quoting Aerorobnz (Reply 4):
Even if they don't switch to coins they should at least change to polymer notes like we have in Australia,New Zealand and the EU. That's what I hated about the UK notes, they still made them out of paper, and the notes got tatty easily, not to mention if you leave them in your trousers and they go in the wash you cannot use them.

I agree. The polymer notes are alot more durable, and not to mention harder to counterfeit.

Quoting USAFHummer (Reply 5):
I dunno what our bills are made of, but I can assure you through recent first-hand experience that they have no trouble handling a trip through the washer and dryer..

I saw a show about it once and it uses a secret (like everything in the USA its top secret) mixture of paper pulp, wool and a few other ingredients.
 
Banco
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RE: When Will The US Get Rid Of The Dollar Bill?

Thu Apr 14, 2005 5:04 pm

Quoting Aerorobnz (Reply 4):
Even if they don't switch to coins they should at least change to polymer notes like we have in Australia,New Zealand and the EU. That's what I hated about the UK notes, they still made them out of paper, and the notes got tatty easily, not to mention if you leave them in your trousers and they go in the wash you cannot use them.

There was a story not so long back that the Bank of England were considering issuing polymer £5 notes to replace the current paper ones. They've since denied it, but it would seem reasonable to suppose that it must be under consideration.
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Klaus
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RE: When Will The US Get Rid Of The Dollar Bill?

Thu Apr 14, 2005 7:03 pm

€uro notes are cotton paper, and they do withstand machine washing, of course.
 
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aerorobnz
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RE: When Will The US Get Rid Of The Dollar Bill?

Thu Apr 14, 2005 7:07 pm

Quoting Banco (Reply 7):
There was a story not so long back that the Bank of England were considering issuing polymer £5 notes to replace the current paper ones. They've since denied it, but it would seem reasonable to suppose that it must be under consideration.

Yeah they were talking about it when I was living in London. That said, at the pub I worked at the punters were still trying to pass off 'old' £5 instead of the new ones, so you can imagine what they'll be like if the polymer notes come along.

Quoting Bill142 (Reply 6):
I agree. The polymer notes are alot more durable, and not to mention harder to counterfeit.

absolutely. I got good enough at recognising counterfeit banknotes from cash handling all day every day in the pub, and forgeries trying to be passed off daily and I can assure you that there are absolutely millions of fake £20 & £50 notes in general circulation(very often the scottish ones in London too).
We had one guy come into the pub from using the abbey national ATM down the road, and out of the £200 in 20s he got from the machine, only 4 of them were real. A couple of them were so good that they only failed one of the many tests to check if it's real.
Others on the otherhand were basically just scanned/photocopied. There are a lot of dud pound coins in circulation too. I kept telling people that they should adopt the Euro just so they get decent unforged polymer notes....lol Nothing like a being a cheeky antipodean..
Flown to 120 Airports in 44 Countries on 73 Operators. Visited 55 Countries and counting. Wanderlust is like Syphilis, once you have the itch it's too late for treatment.
 
Klaus
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RE: When Will The US Get Rid Of The Dollar Bill?

Thu Apr 14, 2005 7:23 pm

Aerorobnz: I kept telling people that they should adopt the Euro just so they get decent unforged polymer notes....

I guess yet another false rumour about the €uro won´t hurt any more...  crazy 
 
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aerorobnz
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RE: When Will The US Get Rid Of The Dollar Bill?

Thu Apr 14, 2005 7:33 pm

Quoting Klaus (Reply 10):
I guess yet another false rumour about the €uro won´t hurt any more..

It can still be done, but you need to have better equipment to pull off a decent forge. with Paper it only takes a scanner and a decent printer with textured paper.
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JGPH1A
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RE: When Will The US Get Rid Of The Dollar Bill?

Thu Apr 14, 2005 7:59 pm

Quoting Klaus (Reply 8):
€uro notes are cotton paper, and they do withstand machine washing, of course.

But only if you use the "Cotton" setting, and add fabric softener  Smile
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Klaus
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RE: When Will The US Get Rid Of The Dollar Bill?

Thu Apr 14, 2005 8:00 pm

Aerorobnz: It can still be done, but you need to have better equipment to pull off a decent forge. with Paper it only takes a scanner and a decent printer with textured paper.

No, I was referring to the fact that the €uro notes are not polymer-based but use a special cotton paper instead. And no, it takes a lot more than simply "textured paper" to "properly" forge €uro notes.

http://www.ecb.int/bc/banknotes/security/recognise/html/index.en.html


JGPH1A: But only if you use the "Cotton" setting, and add fabric softener

Good to know... Haven´t actually tried it myself yet... Big grin

[Edited 2005-04-14 13:03:13]
 
lekohawk
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RE: When Will The US Get Rid Of The Dollar Bill?

Thu Apr 14, 2005 8:04 pm

There is no wool in US paper currency. It's cotton based (like the Euro).
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aerorobnz
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RE: When Will The US Get Rid Of The Dollar Bill?

Thu Apr 14, 2005 8:07 pm

Quoting Klaus (Reply 13):
No, I was referring to the fact that the €uro notes are not polymer-based but use a special cotton paper instead. And no, it takes a lot more than simply "textured paper" to "properly" forge €uro notes.

you learn something new everyday, I was aware that it euros don't feel like our polymer notes, but some denominations to me feel more 'polymerish' than others. I just put it down to a slightly different method. It makes sense to me now, I do remember getting a few crumpled notes. Even so, I still maintain that polymer notes are the best...
Flown to 120 Airports in 44 Countries on 73 Operators. Visited 55 Countries and counting. Wanderlust is like Syphilis, once you have the itch it's too late for treatment.
 
NWADC9
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RE: When Will The US Get Rid Of The Dollar Bill?

Thu Apr 14, 2005 9:11 pm

Ok, you want us to get rid of paper currency? I'd love to see you walk around with 100 golden dollars then! That's the reason why we have paper currency-coins are very heavy when you have a lot.
Flying an aeroplane with only a single propeller to keep you in the air. Can you imagine that? -Capt. Picard
 
PHLBOS
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RE: When Will The US Get Rid Of The Dollar Bill?

Thu Apr 14, 2005 11:57 pm

Quoting Swatpamike (Thread starter):
And liking the 1&2 pound coins, my question is when will the US get rid of the paper dollar bill? I would think that it would be a cost savings.

I love to use the Golden Dollar features Sacagawea. This really screws people up sometime although not as much as when I use the Susan B Anthony coin.

Like the Susie B. dollar before it, the Sacagawea coin suffered the same fate as being too close in size to the quarter. A dollar coin might be more successful had the $2 bill been brought back into mass circulation along side it (I received a genuine 2003 series $2 bill at the Oregon State Fair last year so it is still being made). In both of the Susie B. and Sacagawea coin launches, the Jefferson $2 bill was not pushed into greater circulation and usage.

That being said, when I started seeing newer $1 bills, that lead me to believe that the golden $1 coin was a flop and that the old Washington single will keep being made. Another question would be, if that is indeed the case; will the dollar bill receive a similar redesign as the other currency denominations (5, 10, 20, 50, 100)?
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SlamClick
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RE: When Will The US Get Rid Of The Dollar Bill?

Fri Apr 15, 2005 12:06 am

I think more planning is going into doing away with physical currency and specie altogether than in protecting it from counterfeiting. We will one day be a society where all transactions will be electronic. That is where everyone's attention is focused.

Quoting Swatpamike (Thread starter):
I love to use the Golden Dollar features Sacagawea.

Then you should be able to name the baby on her back! (favorite trivia question)
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PHLBOS
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RE: When Will The US Get Rid Of The Dollar Bill?

Fri Apr 15, 2005 12:12 am

Quoting SlamClick (Reply 18):
I think more planning is going into doing away with physical currency and specie altogether than in protecting it from counterfeiting. We will one day be a society where all transactions will be electronic. That is where everyone's attention is focused.

We could very well be what was prophesied in Revelation Chapter 13 come to pass. Can we say 666?
"TransEastern! You'll feel like you've never left the ground because we treat you like dirt!" SNL Parady ad circa 1981
 
flymia
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RE: When Will The US Get Rid Of The Dollar Bill?

Fri Apr 15, 2005 12:16 am

I hate change. It easy to lose and hard to count and fit in a wallet and all. The dollar bill is great. Hope they never get rid of it.
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ltbewr
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RE: When Will The US Get Rid Of The Dollar Bill?

Fri Apr 15, 2005 12:32 am

We in the colonies seem to be very attached to the paper $1 note. For over a century we had $1 coins of a considerable size, much larger than other coins. Originally of gold then of silver, they became compsite coins in the 1960's with Benjman Franklin's profile on them. After the conversion in the 1960's, most Silver Dollars still in circulation after the became hoarded. As noted before, the SBA and Sacawagea $1 coins were both too close to the quarter in size (around and thickness) so not popular. Also businesses don't like them either in their cash registers. The most common use of dollar coins in the USA today is in casino slot machines, although casino issued tokens with security features and magnetic strip cards are replacing coins. You also see them used as change with train and bus ticket vending machines.
We also have a $.50 coin the 'JFK' coin, issued since 1964, and that was larger than the SBA/Sacawagea $1 coin. They too are rarely seen in circulation.
Some of you mentioned the $2 paper note/bill. This is mostly a collector's item and rarely seen as inconvenient for business cash registers. It used to be more popular earlier in the 20th Century, and was actually discontinued for a while. It was popular like a $5 or $10 bill is today. Another problem with the $2 note is a bit of history, as $2 was the popular price for the services of a prostitute in the early part of the 20th Century in the USA.
We are also wierd in that all of our paper money is the same standard size. Most paper money of almost all countries has smaller notes for smaller demoninations, and larger for larger demoninations.
 
SlamClick
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RE: When Will The US Get Rid Of The Dollar Bill?

Fri Apr 15, 2005 12:55 am

Quoting LTBEWR (Reply 21):
Most paper money of almost all countries has smaller notes for smaller demoninations, and larger for larger demoninations.

At least we know what size to make wallets.

The $1 bill is probably a vestige of the day when a dollar was a significant amount of money. At one time $1 would buy you an Ingersoll pocket watch. Now it won't buy a candy bar.

A better solution than new currency is to do whatever it takes to stop inflation.
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Klaus
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RE: When Will The US Get Rid Of The Dollar Bill?

Fri Apr 15, 2005 1:06 am

SlamClick: At least we know what size to make wallets.

Easy: Large enough for the €500,- note!  bigthumbsup 

The old Mark coins were a bit weird as well... With the DM-,50 coin smaller than the DM-,10 one.

I´m glad the €uro made them systematic again (including €1,- and €2,- coins, the smallest note is €5,-).
 
AeroWesty
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RE: When Will The US Get Rid Of The Dollar Bill?

Fri Apr 15, 2005 1:25 am

Getting rid of the $1 bill will be harder than introducing the $2 bill was. They tried giving the 2's as change on the Golden Gate Bridge for tolls (don't know if they do any longer), just to move them from the U.S. Mint, but we still don't see them in circulation much. Then they tried filling stamp machines at the Post Office with the $1 coins for change, and that must not have worked either, because my local post office won't even accept them as valid currency in the new machines any longer.

The dollar is just too sacrosanct to too many people (not me, though) to screw with it much, other than to update it to prevent counterfeiting.

A number of years ago Holland just merely banished the use of their equivalent to a penny coin, and cash transactions were rounded to the nearest .05. When Americans are ready to accept something like that on a nationwide basis, then we'll see some real changes to our paper and coinage.

Meanwhile, we're too busy collecting state quarters to care.
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Pendrilsaint
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RE: When Will The US Get Rid Of The Dollar Bill?

Fri Apr 15, 2005 1:55 am

I don't think the dollar being sacrosanct has much to do with it. If anyone has ever vacationed in Canada or used a 20 to buy a 5 dollar ticket on the Long Island Railroad, you know the pain in the ass that low denomination coins are. When people in the US get those annoying Sacagawea coins they try to pawn them off as quickly as possible because they fill up your wallet and simultaneously, if you keep them in your pocket, well coins fall out much easier than bills...who wants to drop a dollar coin??

A friend and I were talking about the problem with US currency nowadays....with the advent of things being priced between one and two dollars now, such as a candy bar, or a newspaper, or a soft drink, the answer is the massive rehabilitation of the $2 bill. If people knew that these things are NOT rare at all, and are actually a brilliant idea to use for tipping and what not, things would be much much better.
 
CaptOveur
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RE: When Will The US Get Rid Of The Dollar Bill?

Fri Apr 15, 2005 2:13 am

the dollar bill is something like 75% cotton, making it pretty high grade paper. Trust me they do stand up to washing, I have laundered my money many times and after drying it is good to go again. We don't want our money to last forever, that is part of why we don't go to polymer money. The Treasury wants to retire the dollar bills after a fairly short lifespan to preserve their appearance and to make it easier to phase in and out different styles of money. Do you have any idea how much bacteria is riding around on your money? If you did you wouldn't want it to last any longer than it does.

Also, the dollar coin has been tried with a Susan B. Anthony dollar and the Sackajawea (spell) golden dollar (actually Titanium oxide I think) Both coins are still in circulation, you get them as change out of the stamp machines at the post office. There are also a few vending machines out there that will take Sakajawea, but not many. None will take Susan B. due to her stunning similarity to a quarter. That is the big problem with the US dollar coin, everything they come out with is too similar to a quarter.

Personally I don't like the things. I prefer paper money, it weighs less in my pocket and doesn't make any noise. Maybe in a few more decades when inflation makes quarters as worthless as pennies we will see a new push on for the dollar coin but don't expect much for now.

BTW I know you can still buy $2 bills at the mint in Washington DC. I have no idea if you can get them anywhere else. They are still a perfectly valid form of money but they just never caught on.
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ANCFlyer
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RE: When Will The US Get Rid Of The Dollar Bill?

Fri Apr 15, 2005 2:16 am

I hope they never get rid of the $1 bill . . . I'd rather haul around 100 $1 bills than 10 $1 coins. They are a pain in the ass. I routinely deposit my coins at the end of the day in a jar anyway. I hate having them in my pocket. Give me folding money anyday  wink 

Seriously, I see no need to eliminate the $1. What purpose does it serve? What convenience is there? What is the cost? Waste o time and effort. Probably needs a remake though, like the other bills.

Alas, we're too busy putting the buffalo back on nickels and maknig up pretty new quarters to worry about the little ole dollar bill.
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PHLBOS
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RE: When Will The US Get Rid Of The Dollar Bill?

Fri Apr 15, 2005 2:21 am

Quoting Pendrilsaint (Reply 25):
BTW I know you can still buy $2 bills at the mint in Washington DC. I have no idea if you can get them anywhere else. They are still a perfectly valid form of money but they just never caught on.

From my earlier post:

Quoting PHLBOS (Reply 17):
I received a genuine 2003 series $2 bill at the Oregon State Fair last year so it is still being made

I received it as change from a vendor on the fair grounds.
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AeroWesty
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RE: When Will The US Get Rid Of The Dollar Bill?

Fri Apr 15, 2005 2:25 am

Quoting ANCFlyer (Reply 27):
Seriously, I see no need to eliminate the $1. What purpose does it serve?

From what I've read before on this, the cost of producing the $1 is pretty high, all things considered, and it's why the Mint has been trying various ways of getting rid of it.

It's hard though to take money out of circulation for good--there's a word for it that escapes me at the moment that outright destroying money takes a hit on the Federal budget, so they don't like doing it. It was something I read in connection with why they were trying to put into circulation all the $2 bills that had been printed rather than just burning them, when no one wanted them.
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AeroWesty
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RE: When Will The US Get Rid Of The Dollar Bill?

Fri Apr 15, 2005 2:41 am

Ah, found it. The word is "seigniorage". Interesting article from the S.F. Chronicle on why not to get rid of the penny, too:

http://www.sfgate.com/cgi-bin/articl...le/archive/2001/07/19/MN108576.DTL

Common Cents also said the penny is a profit-maker for the U.S. Treasury. This comes through something called seigniorage, the revenue derived from the difference between the face value of coins and the cost of their mintage. Penny seigniorage produced $40 million for the Treasury last year, the group said, although the Treasury put the amount at $29 million.

The loss of the penny seigniorage would increase the national deficit by resulting in increased federal borrowing and higher interest payments, the association argued.
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ANCFlyer
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RE: When Will The US Get Rid Of The Dollar Bill?

Fri Apr 15, 2005 3:12 am

Quoting AeroWesty (Reply 29):
From what I've read before on this, the cost of producing the $1 is pretty high, all things considered, and it's why the Mint has been trying various ways of getting rid of it.

I'm sure you're right. I just see no need to do so.

Furthermore - what's the cost in producing those still worth only 25 cents state commemorative quarters and the new Lewis and Clark Buffalo nickel? Is that money being spent in the best place?

I prefer the $1 bill rather than the coin. If it went away, of course, it would be a moot point and I'd use the coin.

There will be a tough sell by the US mint - as has been proven with the previous $1 coins and the $2 bill - to change the paradym.
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Sabena332
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RE: When Will The US Get Rid Of The Dollar Bill?

Fri Apr 15, 2005 3:19 am

I love the 1$ bill, I really wish that they would introduce 1€ bills here, much better than having a wallet full of coins.

Patrick
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Klaus
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RE: When Will The US Get Rid Of The Dollar Bill?

Fri Apr 15, 2005 3:41 am

I simply spend the coins... I don´t know what the big deal is.

I´d hate having to use €1,- bills. Bank notes are practical for larger increments, and the €2,- coin vs. €5,- bill is a very good separation.
 
dl021
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RE: When Will The US Get Rid Of The Dollar Bill?

Fri Apr 15, 2005 3:44 am

OK...newsflash...the US Government has just placed me in charge of collecting all the $1 bills in circulation.

Please take up all your ones and send them to my address.

Thank you for your attention.


 hypnotized  praise 

The US will only go to the coin dollar standard when we start selling beer in coke machines on every street corner. Nah, not even then. Tech is propelling us past the age of coinage and we will have fewer and fewer uses for them as time goes on. Even Vegas slots have gone to electronic tickets and cards to avoid change.
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NWADC9
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RE: When Will The US Get Rid Of The Dollar Bill?

Fri Apr 15, 2005 3:48 am

Quoting Captoveur (Reply 26):
I have laundered my money many times

Ohhh, I'm tellin' on you Wink
Flying an aeroplane with only a single propeller to keep you in the air. Can you imagine that? -Capt. Picard
 
AeroWesty
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RE: When Will The US Get Rid Of The Dollar Bill?

Fri Apr 15, 2005 4:10 am

Quoting ANCFlyer (Reply 31):
I'm sure you're right. I just see no need to do so.

(I was actually in agreement with you, just presenting what the "other side" uses for their rationale.)
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ANCFlyer
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RE: When Will The US Get Rid Of The Dollar Bill?

Fri Apr 15, 2005 4:19 am

Quoting AeroWesty (Reply 36):
Quoting ANCFlyer (Reply 31):
I'm sure you're right. I just see no need to do so.


(I was actually in agreement with you, just presenting what the "other side" uses for their rationale.)

Oh hell, don't tell anyone we agreed on something - they'll be ice skating in Hades!  biggrin 


Wonder what the cost is of continuing to produce the $1 bill vice the introduction, failure thereof and reintroduction, and failure again, of the two $1 coins taht have been circulated in the last bunch of years?

Our tax dollars at work!
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N1120A
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RE: When Will The US Get Rid Of The Dollar Bill?

Fri Apr 15, 2005 5:16 am

Quoting Captoveur (Reply 26):
I have laundered my money many times and after drying it is good to go again.

Hey, ANCFlyer, Sic 'im

Quoting Captoveur (Reply 26):
We don't want our money to last forever, that is part of why we don't go to polymer money.

Actually, the difference in life span of a 1 dollar coin v. a 1 dollar bill is the main reason the Mint wants to dump the paper bill and bring in the coins

Quoting Captoveur (Reply 26):
everything they come out with is too similar to a quarter.

Except of course the silver dollar

Quoting Captoveur (Reply 26):
I have no idea if you can get them anywhere else.

Banks should have a small supply of $2 bills

Quoting ANCFlyer (Reply 31):
Furthermore - what's the cost in producing those still worth only 25 cents state commemorative quarters and the new Lewis and Clark Buffalo nickel? Is that money being spent in the best place?

Much less than what the mint pays to keep up $1 bill production. Coins average something like 30 years of life, whereas $1 bills last 1-2.
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AeroWesty
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RE: When Will The US Get Rid Of The Dollar Bill?

Fri Apr 15, 2005 5:36 am

Quoting ANCFlyer (Reply 37):
Oh hell, don't tell anyone we agreed on something - they'll be ice skating in Hades!

(I'll endeavor to not let it happen again, as long as you keep up your side of the bargain.)  cool 
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KaiGywer
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RE: When Will The US Get Rid Of The Dollar Bill?

Fri Apr 15, 2005 5:53 am

Quoting NWADC9 (Reply 16):
Ok, you want us to get rid of paper currency? I'd love to see you walk around with 100 golden dollars then! That's the reason why we have paper currency-coins are very heavy when you have a lot.

Why would you carry around 100 $1 bills anyways? That's why there are higher denominations. Personally, I hate cash and only use it as a last resort. I'm all aboyt the plastic.

Quoting Captoveur (Reply 26):
I have laundered my money many times and after drying it is good to go again.

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“Once you have tasted flight, you will forever walk the earth with your eyes turned skyward, for there you have been, an
 
TedTAce
Posts: 9098
Joined: Sun Mar 27, 2005 12:31 am

RE: When Will The US Get Rid Of The Dollar Bill?

Fri Apr 15, 2005 10:21 am

Quoting SlamClick (Reply 18):
We will one day be a society where all transactions will be electronic. That is where everyone's attention is focused.

I believe that we are going to electronics as soon as we can get rid of the nut jobs that keep hacking our personal data and the ACLU!! Don't Get me wrong, I side with 90% of what they do, but it is my opinion that the only people who have to fear anything are those breaking the laws.. I have something to fear as I am a habitual speeder, but by the time they really start putting chips into people they should have driverless cars (I can only hope)
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aerorobnz
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RE: When Will The US Get Rid Of The Dollar Bill?

Fri Apr 15, 2005 10:45 am

Quoting TedTAce (Reply 41):
I believe that we are going to electronics as soon as we can get rid of the nut jobs that keep hacking our personal data and the ACLU!

All my transactions are done electronically via EFTPOS already. They send me out a detailed list of every transaction I make each month so even if someone did by freakish chance withdraw money from my account I know all the details for the police report.
The only time I had fraud committed on my bank account was in the UK, because Natwest and the rest of the crappy banks there haven't caught up with the benefits of EFTPOS cards and still accept cheques and debit cards which are incredibly easy to swipe data off and fake a signature.
Flown to 120 Airports in 44 Countries on 73 Operators. Visited 55 Countries and counting. Wanderlust is like Syphilis, once you have the itch it's too late for treatment.
 
swatpamike
Posts: 469
Joined: Thu May 20, 2004 12:14 pm

RE: When Will The US Get Rid Of The Dollar Bill?

Fri Apr 15, 2005 3:48 pm

Quoting DL021 (Reply 34):
OK...newsflash...the US Government has just placed me in charge of collecting all the $1 bills in circulation.

Please take up all your ones and send them to my address.

Thank you for your attention.

Ok, I will have them for you in Paris on June 19. If you are not there I will send them all to Steve. ")

Cheers

swatpamike
 
MD-90
Posts: 7835
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RE: When Will The US Get Rid Of The Dollar Bill?

Fri Apr 15, 2005 3:57 pm

We should never give up physical currency. Doing so will give the state yet another means to track the movements of its subjects.

And the $1 bill is a classic design of historical value, if nothing else.

Quoting AeroWesty (Reply 24):
Then they tried filling stamp machines at the Post Office with the $1 coins for change, and that must not have worked either,

That's the only place I've ever gotten a golden dollar from, or even seen one, for that matter.
 
PHLBOS
Posts: 6504
Joined: Thu Apr 01, 2004 6:38 am

RE: When Will The US Get Rid Of The Dollar Bill?

Fri Apr 15, 2005 10:30 pm

Quoting MD-90 (Reply 44):
Quoting AeroWesty (Reply 24):
Then they tried filling stamp machines at the Post Office with the $1 coins for change, and that must not have worked either,

That's the only place I've ever gotten a golden dollar from, or even seen one, for that matter.

One can also receive $1 coins (both types) as change at some transit agency's (at least with SEPTA & PATCO) ticket/token vending and change machines.
"TransEastern! You'll feel like you've never left the ground because we treat you like dirt!" SNL Parady ad circa 1981
 
nycflyer
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RE: When Will The US Get Rid Of The Dollar Bill?

Fri Apr 15, 2005 11:30 pm

Quoting PHLBOS (Reply 45):
One can also receive $1 coins (both types) as change at some transit agency's (at least with SEPTA & PATCO) ticket/token vending and change machines.

You beat me to it. The only place I have ever seen a golden one dollar coin is when receiving change from the token machine in the NYC subway. But that was like once or twice, and five years ago. Haven't seen one since.

Quoting Swatpamike (Thread starter):
I love to use the Golden Dollar features Sacagawea. This really screws people up sometime although not as much as when I use the Susan B Anthony coin.

Some of you talk as if you use these dollar coins regularly. I never see them. Do you really see/use them that much? Could it be regional?
 
PHLBOS
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Joined: Thu Apr 01, 2004 6:38 am

RE: When Will The US Get Rid Of The Dollar Bill?

Fri Apr 15, 2005 11:43 pm

I got a $1 coin out of a box of Cheerios a few years ago; it was part of a usage promotion.
"TransEastern! You'll feel like you've never left the ground because we treat you like dirt!" SNL Parady ad circa 1981
 
airways1
Posts: 536
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RE: When Will The US Get Rid Of The Dollar Bill?

Sat Apr 16, 2005 12:03 am

For those who think the $1 bill is ridiculous, you should take a trip to China. Here there are bills worth 1 fen, or about 0.12 cents! (Yes, 8 of them are worth about 1 cent!)
 
ANCFlyer
Posts: 21391
Joined: Mon Nov 15, 2004 3:51 pm

RE: When Will The US Get Rid Of The Dollar Bill?

Sat Apr 16, 2005 12:10 am

Quoting MD-90 (Reply 44):
That's the only place I've ever gotten a golden dollar from, or even seen one, for that matter.

WalMart gave them as change when they were first issued, I guess they assisted the guvment in getting them in to circulation. I traded them in for paper $1 bills.
FOR THOSE THAT FOUGHT FOR IT, FREEDOM HAS A FLAVOR THE PROTECTED WILL NEVER KNOW OR UNDERSTAND

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