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#41
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paper dollar
On Oct 1, 7:09*pm, "Bremick" wrote:
"oly" wrote in message ... On Oct 1, 5:01 pm, "Bremick" wrote: "Some Guy" wrote in message ... "Bremick" wrote in message ... I recall predictions of how the half dollar would become more popular and practical as the spending utility of nickels and dimes decreased. Many people, government included, assume they can envision future attitudes accurately without the need for a comprehensive study. The half dollar has been abandoned by the public and the Mint. Back in the 50's and 60's, they remained in common use, It seems as soon as silver was finally removed from them, the public lost interest in them. Had to be more than that. There was no longer any silver in the quarter or dime either. Many seem to agree that the large size of the half dollar played a role in its fall from favor-- odd that this should suddenly become a factor after over 150 years of comfort. In its wisdom, the Congress apparently ignored the liklihood that the size of the half dollar had become unpopular and decided to give us an even larger Eisenhower dollar as an equal companion to the dollar bill. And it took eight years of public apathy for them to call a halt. I'd take exception to the statement that half dollars were in common use after 1965. *My personal economic memories start about then (and I started consciously collecting coins as collectibles at the end of 1967 or so), and the only place that you commonly got half dollars was a laundromat. *One big thing that facilitated my early coin collecting efforts was that my dad and uncle owned a laundromat for a couple of years. *After that was sold, my poor old Granny still didn't have a washer and dryer and she visited the wash house weekly - she was a great source of 40% Kennedys until those were all pulled out of circulation and the stupid old clunky 1971 Kennedys were all that was left. ---------------------- * * I agree, as most do, that the half dollar fizzled after the silver was removed. * I believe it had to be a merchant-initiated development, since dispensing halves in change from the register had been fairly common up until that time. *Merchants simply quit incorporating them in the daily till, with quarters doing double duty with little public attention. * People were even content to insert 8-10 quarters, one at a time, into a car wash without considering it a serious inconvenience. --------------------- Congress consistently recieved terribly bad advice about coinage matters under Mint Directors Eva Adams and Mary Brooks and their higher level bosses in The Treasury. *In my vast personal paranoia, I now think that there has been a consistent seven-decades long effort by The Treasury and The Federal Reserve to make the American people forget that their money was once largely coins consisting of precious metals. *This effort is a way to "disarm" the American peoples' ability to protect themselves from the pernicious effects of intentional currency debasement, and it is just as conscious as the effort to take away their firearms by convincing them that only government agents can readily and safely protect them and that they have no need for personal weapons. *The day of pulling the plug on many American freedoms approaches and (IMHO) is nigh. *People don't even know that there really are options to the present system. *The American "elites" feel that the "sheeple" are too @#!*% stupid, and they do have a great many examples to point to. For the record, I always get a few of the new dollars (Prezibucks and Sackies) and punch them into Dansco albums. *It is a cheap way to satisfy the old "coin lust" when funds for the "better stuff" is slow in rolling into my kitty. ------------------------- I still get a roll of each new pres-dollar at the bank just for the fun of it. *Cheap way to save and probably comperable to 0.5% bank interest. *I still have never received a dollar coin in change. ------------------------- I hadn't chimed in here yet, but there are at least four or five national examples from the mid-1960s through the 1990s where a "unit" (or "half-unit") base metal coin didn't circulate until various countries stopped printing and withdrew the corresponding "unit note" or "half-unit note" (for the record, most Americans don't know that the United Kingdom had a very popular Ten Shillings bank note until the end of the traditional LSD system in 1970; it was withdrawn at the beginning of the decimalization process about 1967 or so, and thus allowed the large, odd-shaped Fifty Pence to be a necessary success). So, America's daft, queer-assed, fairy, gay, elderly numismatic coin people can @#!*% those base-metal dollar coins out of their orifices until they're silly and blue in the face and writhing on the sidewalk, and those base-metal dollar coins still won't circulate. *Nobody cares what you silly old @#!*% want (and BTW, I'm NOT calling the esteemed Mr. Remick that). *The Paper Dollar rules in Commerce, and always will until it is no longer printed. *Period, amen, end of that topic. ------------------------ Being called a silly old @#!*% is sometimes better than being ignored. It's the "esteemed" that I would question. ----------------------- Ask me how I really feel. oly- Hide quoted text - - Show quoted text - Some Guy #1, Some Guy #2, Some Guy #3 and Some Guy #4 are trying to firm up even as I type. Butt, Busch Bavarian works against this process. Until tommorow morning, when developments are likely to be a-commode- ated, bon soir. oly |
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#42
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paper dollar
"oly" wrote in message
... Some Guy #1, Some Guy #2, Some Guy #3 and Some Guy #4 are trying to firm up even as I type. Butt, Busch Bavarian works against this process. That's the spirit - be proud of your alcoholism! Say it loud "I'm a drunk and I'm proud!" |
#43
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paper dollar
On Oct 2, 7:55*am, "Some Guy" wrote:
"oly" wrote in message ... Some Guy #1, Some Guy #2, Some Guy #3 and Some Guy #4 are trying to firm up even as I type. *Butt, Busch Bavarian works against this process. That's the spirit - be proud of your alcoholism! Say it loud "I'm a drunk and I'm proud!" You showed up this morning, right on time. oly |
#44
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paper dollar
Bremick wrote:
"Frank Galikanokus" wrote in message ... Bremick wrote: "Frank Galikanokus" wrote in message ... Bremick wrote: "Some Guy" wrote in message ... "Bremick" wrote in message ... And Americans have not been getting on quite well with their system? Didn't say they weren't, you curmudgeonly old reprobate. Ha ha. So what was your point then? We should change simply because Canadians gradually came to accept a change? Grrrr. No, we should change because it makes economic sense. JAM Here I thought that not minting unneeded dollar coins for the past decades would have made economic sense. Not printing unneeded paper dollars makes sense. JAM Along with a couple other Americans, I don't understand your contention that paper dollars are unneeded. Have you ever taken a look at the growing number of pallettes of dollar coins in warehouses? Ever wonder why those "unneeded" dollar bills wear out so quickly? Do you know why is was decided to replace dollar bills with dollar coins? JAM |
#45
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paper dollar
On Oct 2, 11:55*am, Frank Galikanokus
wrote: Bremick wrote: "Frank Galikanokus" wrote in message ... Bremick wrote: "Frank Galikanokus" wrote in message ... Bremick wrote: "Some Guy" wrote in message ... "Bremick" wrote in message ... And Americans have not been getting on quite well with their system? Didn't say they weren't, you curmudgeonly old reprobate. Ha ha. *So what was your point then? * We should change simply because Canadians gradually came to accept a change? * Grrrr. No, we should change because it makes economic sense. JAM Here I thought that not minting unneeded dollar coins for the past decades would have made economic sense. Not printing unneeded paper dollars makes sense. JAM Along with a couple other Americans, I don't understand your contention that paper dollars are unneeded. *Have you ever taken a look at the growing number of pallettes of dollar coins in warehouses? * Ever wonder why those "unneeded" dollar bills wear out so quickly? Do you know why is was decided to replace dollar bills with dollar coins? JAM- Hide quoted text - - Show quoted text - To get to the other side? oly |
#46
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paper dollar
"Frank Galikanokus" wrote in message ... Bremick wrote: "Frank Galikanokus" wrote in message ... Bremick wrote: "Frank Galikanokus" wrote in message ... Bremick wrote: "Some Guy" wrote in message ... "Bremick" wrote in message ... And Americans have not been getting on quite well with their system? Didn't say they weren't, you curmudgeonly old reprobate. Ha ha. So what was your point then? We should change simply because Canadians gradually came to accept a change? Grrrr. No, we should change because it makes economic sense. JAM Here I thought that not minting unneeded dollar coins for the past decades would have made economic sense. Not printing unneeded paper dollars makes sense. JAM Along with a couple other Americans, I don't understand your contention that paper dollars are unneeded. Have you ever taken a look at the growing number of pallettes of dollar coins in warehouses? Ever wonder why those "unneeded" dollar bills wear out so quickly? Do you know why is was decided to replace dollar bills with dollar coins? JAM Have you any evidence that there was a decision to use dollar coins to replace dollar bills? Isn't it odd that production of dollar bills wasn't suspended in order to support your contention-- forty years now and running? |
#47
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paper dollar
oly wrote:
On Oct 2, 11:55 am, Frank Galikanokus wrote: Bremick wrote: "Frank Galikanokus" wrote in message ... Bremick wrote: "Frank Galikanokus" wrote in message ... Bremick wrote: "Some Guy" wrote in message ... "Bremick" wrote in message ... And Americans have not been getting on quite well with their system? Didn't say they weren't, you curmudgeonly old reprobate. Ha ha. So what was your point then? We should change simply because Canadians gradually came to accept a change? Grrrr. No, we should change because it makes economic sense. JAM Here I thought that not minting unneeded dollar coins for the past decades would have made economic sense. Not printing unneeded paper dollars makes sense. JAM Along with a couple other Americans, I don't understand your contention that paper dollars are unneeded. Have you ever taken a look at the growing number of pallettes of dollar coins in warehouses? Ever wonder why those "unneeded" dollar bills wear out so quickly? Do you know why is was decided to replace dollar bills with dollar coins? JAM- Hide quoted text - - Show quoted text - To get to the other side? oly Yep JAM |
#48
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paper dollar
Bremick wrote:
"Frank Galikanokus" wrote in message ... Bremick wrote: "Frank Galikanokus" wrote in message ... Bremick wrote: "Frank Galikanokus" wrote in message ... Bremick wrote: "Some Guy" wrote in message ... "Bremick" wrote in message ... And Americans have not been getting on quite well with their system? Didn't say they weren't, you curmudgeonly old reprobate. Ha ha. So what was your point then? We should change simply because Canadians gradually came to accept a change? Grrrr. No, we should change because it makes economic sense. JAM Here I thought that not minting unneeded dollar coins for the past decades would have made economic sense. Not printing unneeded paper dollars makes sense. JAM Along with a couple other Americans, I don't understand your contention that paper dollars are unneeded. Have you ever taken a look at the growing number of pallettes of dollar coins in warehouses? Ever wonder why those "unneeded" dollar bills wear out so quickly? Do you know why is was decided to replace dollar bills with dollar coins? JAM Have you any evidence that there was a decision to use dollar coins to replace dollar bills? Isn't it odd that production of dollar bills wasn't suspended in order to support your contention-- forty years now and running? I think we covered this earlier in the thread? JAM |
#49
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paper dollar
"Frank Galikanokus" wrote in message ... Bremick wrote: "Frank Galikanokus" wrote in message ... Bremick wrote: "Frank Galikanokus" wrote in message ... Bremick wrote: "Frank Galikanokus" wrote in message ... Bremick wrote: "Some Guy" wrote in message ... "Bremick" wrote in message ... And Americans have not been getting on quite well with their system? Didn't say they weren't, you curmudgeonly old reprobate. Ha ha. So what was your point then? We should change simply because Canadians gradually came to accept a change? Grrrr. No, we should change because it makes economic sense. JAM Here I thought that not minting unneeded dollar coins for the past decades would have made economic sense. Not printing unneeded paper dollars makes sense. JAM Along with a couple other Americans, I don't understand your contention that paper dollars are unneeded. Have you ever taken a look at the growing number of pallettes of dollar coins in warehouses? Ever wonder why those "unneeded" dollar bills wear out so quickly? Do you know why is was decided to replace dollar bills with dollar coins? JAM Have you any evidence that there was a decision to use dollar coins to replace dollar bills? Isn't it odd that production of dollar bills wasn't suspended in order to support your contention-- forty years now and running? I think we covered this earlier in the thread? JAM Is that the only comment you can come up with on my two questions? I asked where you got your information claiming "it was decided to replace dollar bills with dollar coins". Who decided this and when? I could understand the logic, but I see no signs that such a decision was ever made by anyone who could have implemented it. At best, I could buy an attempt to "supplement" dollar bills with a dollar coin (Ike dollar), but not to totally replace the bills. |
#50
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paper dollar
"Some Guy" wrote in :
When piggy's tummy gets full, he and I take a trip to the CoinStar machine to get folding money. Piggy seems to like the attention he gets from the cashiers in the supermarket where the CoinStar is located. Coinstar really likes the attention of your coins to the tune of 10%. Barney |
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