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Dollar Coins in Normal Commerce
Are dollar coins being used in normal commerce? I have not seen even
one. My bank does not have any. The local post office has never seen one. I live near Charlottesville, VA. Does anyone know of a location where these coins are in common use? GFH |
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Dollar Coins in Normal Commerce
GFH wrote:
Are dollar coins being used in normal commerce? I have not seen even one. My bank does not have any. The local post office has never seen one. I live near Charlottesville, VA. Does anyone know of a location where these coins are in common use? U.S. dollar coins are in heavy use in various Latin American countries, most notably Ecuador, because the native coinage is considered to be unstable and therefore less desirable. Since the small-size version of the dollar was introduced in 1979, they have been essentially a complete fizzle in their country of origin, no matter which design you name. There was a brief period, at the beginning of the Sacagawea design, when Walmart gave them out in change by the millions, and a period of years when dollar coins were given as change in postage vending machines in the lobbies of USPS. The post office in my town yanked its vending machine last year, so that was the end of that locally, but I can't speak for any other location. The most common reason given for their lack of stateside use is the preference for the paper dollar, in spite of its higher net cost, due to the reality that metal dollars are heavier than paper ones, and the fear that metal dollars rapidly wear holes in pants pockets. James |
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Dollar Coins in Normal Commerce
"Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote in message ... GFH wrote: Are dollar coins being used in normal commerce? I have not seen even one. My bank does not have any. The local post office has never seen one. I live near Charlottesville, VA. Does anyone know of a location where these coins are in common use? U.S. dollar coins are in heavy use in various Latin American countries, most notably Ecuador, because the native coinage is considered to be unstable and therefore less desirable. Since the small-size version of the dollar was introduced in 1979, they have been essentially a complete fizzle in their country of origin, no matter which design you name. There was a brief period, at the beginning of the Sacagawea design, when Walmart gave them out in change by the millions, and a period of years when dollar coins were given as change in postage vending machines in the lobbies of USPS. The post office in my town yanked its vending machine last year, so that was the end of that locally, but I can't speak for any other location. The most common reason given for their lack of stateside use is the preference for the paper dollar, in spite of its higher net cost, due to the reality that metal dollars are heavier than paper ones, and the fear that metal dollars rapidly wear holes in pants pockets. James Basically, due to inflation we've come to regard coins mostly as pocket change rather than as useful money to spend. IMO, were we to mint $2 and/or $5 coins, that attitude might change, even if the equivalent bills were still available. Otherwise, the rare dollar coin in change typically goes into the jar with all the dimes nickels and quarters to be cashed in for "money" at the appropriate occasion. |
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Dollar Coins in Normal Commerce
Bruce Remick wrote:
"Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote in message ... GFH wrote: Are dollar coins being used in normal commerce? I have not seen even one. My bank does not have any. The local post office has never seen one. I live near Charlottesville, VA. Does anyone know of a location where these coins are in common use? U.S. dollar coins are in heavy use in various Latin American countries, most notably Ecuador, because the native coinage is considered to be unstable and therefore less desirable. Since the small-size version of the dollar was introduced in 1979, they have been essentially a complete fizzle in their country of origin, no matter which design you name. There was a brief period, at the beginning of the Sacagawea design, when Walmart gave them out in change by the millions, and a period of years when dollar coins were given as change in postage vending machines in the lobbies of USPS. The post office in my town yanked its vending machine last year, so that was the end of that locally, but I can't speak for any other location. The most common reason given for their lack of stateside use is the preference for the paper dollar, in spite of its higher net cost, due to the reality that metal dollars are heavier than paper ones, and the fear that metal dollars rapidly wear holes in pants pockets. James Basically, due to inflation we've come to regard coins mostly as pocket change rather than as useful money to spend. IMO, were we to mint $2 and/or $5 coins, that attitude might change, even if the equivalent bills were still available. Otherwise, the rare dollar coin in change typically goes into the jar with all the dimes nickels and quarters to be cashed in for "money" at the appropriate occasion. Your use of the pronoun "we" definitely does not include yours truly. I have no change jar on my hoosier. I don't even have a hoosier. Granted, I spend change as quickly as I can, for the holes in the pants pocket reason, but a dollar's worth of coin buys the same as a dollar bill, and I refuse to treat them with disdain. Heck, I still bend down to retrieve a corroded cent from a muddy gutter. Then I do what I can to get rid of it. The number of astonished looks I get from store cashiers increases as I calculate, in advance, how much coin I will have to tender to make it so I get only bills in return. James the Peripatetic Mathematician |
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Eating crow (was:Dollar Coins in Normal Commerce)
Mr. Jaggers wrote:
Bruce Remick wrote: "Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote in message ... GFH wrote: Are dollar coins being used in normal commerce? I have not seen even one. My bank does not have any. The local post office has never seen one. I live near Charlottesville, VA. Does anyone know of a location where these coins are in common use? U.S. dollar coins are in heavy use in various Latin American countries, most notably Ecuador, because the native coinage is considered to be unstable and therefore less desirable. Since the small-size version of the dollar was introduced in 1979, they have been essentially a complete fizzle in their country of origin, no matter which design you name. There was a brief period, at the beginning of the Sacagawea design, when Walmart gave them out in change by the millions, and a period of years when dollar coins were given as change in postage vending machines in the lobbies of USPS. The post office in my town yanked its vending machine last year, so that was the end of that locally, but I can't speak for any other location. The most common reason given for their lack of stateside use is the preference for the paper dollar, in spite of its higher net cost, due to the reality that metal dollars are heavier than paper ones, and the fear that metal dollars rapidly wear holes in pants pockets. James Basically, due to inflation we've come to regard coins mostly as pocket change rather than as useful money to spend. IMO, were we to mint $2 and/or $5 coins, that attitude might change, even if the equivalent bills were still available. Otherwise, the rare dollar coin in change typically goes into the jar with all the dimes nickels and quarters to be cashed in for "money" at the appropriate occasion. Your use of the pronoun "we" definitely does not include yours truly. I have no change jar on my hoosier. I don't even have a hoosier. Granted, I spend change as quickly as I can, for the holes in the pants pocket reason, but a dollar's worth of coin buys the same as a dollar bill, and I refuse to treat them with disdain. Heck, I still bend down to retrieve a corroded cent from a muddy gutter. Then I do what I can to get rid of it. The number of astonished looks I get from store cashiers increases as I calculate, in advance, how much coin I will have to tender to make it so I get only bills in return. Egad, out of nowhere came mein frau just a few minutes ago, bearing a Baggie containing some $18 in cents, nickels, dimes, and quarters that she has been accumulating, beseeching me to give her paper for it. Under those circumstances, the only proper response is, "Yes, Dear." But now I've got about a pound of metal to carry around. I'll get my revenge, though. Just wait until she has to repair my pocket. James 'crow really isn't all that bad if you smother it with ketchup' |
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Eating crow (was:Dollar Coins in Normal Commerce)
"Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote in message ... Mr. Jaggers wrote: Bruce Remick wrote: "Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote in message ... GFH wrote: Are dollar coins being used in normal commerce? I have not seen even one. My bank does not have any. The local post office has never seen one. I live near Charlottesville, VA. Does anyone know of a location where these coins are in common use? U.S. dollar coins are in heavy use in various Latin American countries, most notably Ecuador, because the native coinage is considered to be unstable and therefore less desirable. Since the small-size version of the dollar was introduced in 1979, they have been essentially a complete fizzle in their country of origin, no matter which design you name. There was a brief period, at the beginning of the Sacagawea design, when Walmart gave them out in change by the millions, and a period of years when dollar coins were given as change in postage vending machines in the lobbies of USPS. The post office in my town yanked its vending machine last year, so that was the end of that locally, but I can't speak for any other location. The most common reason given for their lack of stateside use is the preference for the paper dollar, in spite of its higher net cost, due to the reality that metal dollars are heavier than paper ones, and the fear that metal dollars rapidly wear holes in pants pockets. James Basically, due to inflation we've come to regard coins mostly as pocket change rather than as useful money to spend. IMO, were we to mint $2 and/or $5 coins, that attitude might change, even if the equivalent bills were still available. Otherwise, the rare dollar coin in change typically goes into the jar with all the dimes nickels and quarters to be cashed in for "money" at the appropriate occasion. Your use of the pronoun "we" definitely does not include yours truly. I have no change jar on my hoosier. I don't even have a hoosier. Granted, I spend change as quickly as I can, for the holes in the pants pocket reason, but a dollar's worth of coin buys the same as a dollar bill, and I refuse to treat them with disdain. Heck, I still bend down to retrieve a corroded cent from a muddy gutter. Then I do what I can to get rid of it. The number of astonished looks I get from store cashiers increases as I calculate, in advance, how much coin I will have to tender to make it so I get only bills in return. Egad, out of nowhere came mein frau just a few minutes ago, bearing a Baggie containing some $18 in cents, nickels, dimes, and quarters that she has been accumulating, beseeching me to give her paper for it. Under those circumstances, the only proper response is, "Yes, Dear." But now I've got about a pound of metal to carry around. I'll get my revenge, though. Just wait until she has to repair my pocket. James 'crow really isn't all that bad if you smother it with ketchup' You're getting dangerously close to joining "we". |
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Eating crow (was:Dollar Coins in Normal Commerce)
Bruce Remick wrote:
"Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote in message ... Mr. Jaggers wrote: Bruce Remick wrote: "Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote in message ... GFH wrote: Are dollar coins being used in normal commerce? I have not seen even one. My bank does not have any. The local post office has never seen one. I live near Charlottesville, VA. Does anyone know of a location where these coins are in common use? U.S. dollar coins are in heavy use in various Latin American countries, most notably Ecuador, because the native coinage is considered to be unstable and therefore less desirable. Since the small-size version of the dollar was introduced in 1979, they have been essentially a complete fizzle in their country of origin, no matter which design you name. There was a brief period, at the beginning of the Sacagawea design, when Walmart gave them out in change by the millions, and a period of years when dollar coins were given as change in postage vending machines in the lobbies of USPS. The post office in my town yanked its vending machine last year, so that was the end of that locally, but I can't speak for any other location. The most common reason given for their lack of stateside use is the preference for the paper dollar, in spite of its higher net cost, due to the reality that metal dollars are heavier than paper ones, and the fear that metal dollars rapidly wear holes in pants pockets. James Basically, due to inflation we've come to regard coins mostly as pocket change rather than as useful money to spend. IMO, were we to mint $2 and/or $5 coins, that attitude might change, even if the equivalent bills were still available. Otherwise, the rare dollar coin in change typically goes into the jar with all the dimes nickels and quarters to be cashed in for "money" at the appropriate occasion. Your use of the pronoun "we" definitely does not include yours truly. I have no change jar on my hoosier. I don't even have a hoosier. Granted, I spend change as quickly as I can, for the holes in the pants pocket reason, but a dollar's worth of coin buys the same as a dollar bill, and I refuse to treat them with disdain. Heck, I still bend down to retrieve a corroded cent from a muddy gutter. Then I do what I can to get rid of it. The number of astonished looks I get from store cashiers increases as I calculate, in advance, how much coin I will have to tender to make it so I get only bills in return. Egad, out of nowhere came mein frau just a few minutes ago, bearing a Baggie containing some $18 in cents, nickels, dimes, and quarters that she has been accumulating, beseeching me to give her paper for it. Under those circumstances, the only proper response is, "Yes, Dear." But now I've got about a pound of metal to carry around. I'll get my revenge, though. Just wait until she has to repair my pocket. James 'crow really isn't all that bad if you smother it with ketchup' You're getting dangerously close to joining "we". I just got rid of $4.26 of it, lots of it pennies, at Wallyworld self-check. Not yet ready to consult a seamstress, nor to rent acreage on your hoosier! James, Lighter of Weight |
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Dollar Coins in Normal Commerce
"Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote in message ... Bruce Remick wrote: "Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote in message ... GFH wrote: Are dollar coins being used in normal commerce? I have not seen even one. My bank does not have any. The local post office has never seen one. I live near Charlottesville, VA. Does anyone know of a location where these coins are in common use? U.S. dollar coins are in heavy use in various Latin American countries, most notably Ecuador, because the native coinage is considered to be unstable and therefore less desirable. Since the small-size version of the dollar was introduced in 1979, they have been essentially a complete fizzle in their country of origin, no matter which design you name. There was a brief period, at the beginning of the Sacagawea design, when Walmart gave them out in change by the millions, and a period of years when dollar coins were given as change in postage vending machines in the lobbies of USPS. The post office in my town yanked its vending machine last year, so that was the end of that locally, but I can't speak for any other location. The most common reason given for their lack of stateside use is the preference for the paper dollar, in spite of its higher net cost, due to the reality that metal dollars are heavier than paper ones, and the fear that metal dollars rapidly wear holes in pants pockets. James Basically, due to inflation we've come to regard coins mostly as pocket change rather than as useful money to spend. IMO, were we to mint $2 and/or $5 coins, that attitude might change, even if the equivalent bills were still available. Otherwise, the rare dollar coin in change typically goes into the jar with all the dimes nickels and quarters to be cashed in for "money" at the appropriate occasion. Your use of the pronoun "we" definitely does not include yours truly. I have no change jar on my hoosier. I don't even have a hoosier. Don't dispair. There are many other ways and places you can store accumulated change. Granted, I spend change as quickly as I can, for the holes in the pants pocket reason, but a dollar's worth of coin buys the same as a dollar bill, and I refuse to treat them with disdain. Heck, I still bend down to retrieve a corroded cent from a muddy gutter. Then I do what I can to get rid of it. The number of astonished looks I get from store cashiers increases as I calculate, in advance, how much coin I will have to tender to make it so I get only bills in return. Of course, ten dimes or 20 nickels buys the same as a dollar bill. But rhetorically, how many people leave home in the morning being sure to carry the same pocket change they came home with the day before? I, too, will pick up any penny I see on the ground, maybe because were both old enough to never ignore this fortunate opportunity, regardless of the actual purchasing power of a penny. Unless I happen to make a purchase where that penny will be handy, I'll toss the penny in a jar with the others. Although I do have a Hoosier, I don't keep my penny jar there. It's a secret. Your implication that you will carry and use coins to avoid receiving more of them in change sounds a little confusing, but let me ponder it a bit more. I'm a lot slower than I used to be. |
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Dollar Coins in Normal Commerce
Bruce Remick wrote:
"Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote in message ... Bruce Remick wrote: "Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote in message ... GFH wrote: Are dollar coins being used in normal commerce? I have not seen even one. My bank does not have any. The local post office has never seen one. I live near Charlottesville, VA. Does anyone know of a location where these coins are in common use? U.S. dollar coins are in heavy use in various Latin American countries, most notably Ecuador, because the native coinage is considered to be unstable and therefore less desirable. Since the small-size version of the dollar was introduced in 1979, they have been essentially a complete fizzle in their country of origin, no matter which design you name. There was a brief period, at the beginning of the Sacagawea design, when Walmart gave them out in change by the millions, and a period of years when dollar coins were given as change in postage vending machines in the lobbies of USPS. The post office in my town yanked its vending machine last year, so that was the end of that locally, but I can't speak for any other location. The most common reason given for their lack of stateside use is the preference for the paper dollar, in spite of its higher net cost, due to the reality that metal dollars are heavier than paper ones, and the fear that metal dollars rapidly wear holes in pants pockets. James Basically, due to inflation we've come to regard coins mostly as pocket change rather than as useful money to spend. IMO, were we to mint $2 and/or $5 coins, that attitude might change, even if the equivalent bills were still available. Otherwise, the rare dollar coin in change typically goes into the jar with all the dimes nickels and quarters to be cashed in for "money" at the appropriate occasion. Your use of the pronoun "we" definitely does not include yours truly. I have no change jar on my hoosier. I don't even have a hoosier. Don't dispair. There are many other ways and places you can store accumulated change. Granted, I spend change as quickly as I can, for the holes in the pants pocket reason, but a dollar's worth of coin buys the same as a dollar bill, and I refuse to treat them with disdain. Heck, I still bend down to retrieve a corroded cent from a muddy gutter. Then I do what I can to get rid of it. The number of astonished looks I get from store cashiers increases as I calculate, in advance, how much coin I will have to tender to make it so I get only bills in return. Of course, ten dimes or 20 nickels buys the same as a dollar bill. But rhetorically, how many people leave home in the morning being sure to carry the same pocket change they came home with the day before? I, too, will pick up any penny I see on the ground, maybe because were both old enough to never ignore this fortunate opportunity, regardless of the actual purchasing power of a penny. Unless I happen to make a purchase where that penny will be handy, I'll toss the penny in a jar with the others. Although I do have a Hoosier, I don't keep my penny jar there. It's a secret. Your implication that you will carry and use coins to avoid receiving more of them in change sounds a little confusing, but let me ponder it a bit more. I'm a lot slower than I used to be. If I have, say $1 in change on me, I can be 99% certain that any purchase I make will make some of it go away. What really gets me is to have 66 cents and have the total owed end in .67. James the Obsessive-Compulsive |
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Dollar Coins in Normal Commerce
On Jun 2, 12:35*pm, "Michael G. Koerner" wrote:
Also, the toll machines in the downtown Appleton parking ramps use them for making change - they take up to $20 notes (note, labels on the machines say up to $10s, but they do take $20s). *It's a LOTS better than getting 76 loose quarters (four short of two rolls) back for the $1-to-enter parking rate. One might have hoped that Appleton was up-to-date enough to use "easy- pass". GFH |
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