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The answer to getting halves, $2 bills and $1 coins circulating?



 
 
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  #1  
Old January 4th 09, 09:00 AM posted to rec.collecting.coins
[email protected]
external usenet poster
 
Posts: 123
Default The answer to getting halves, $2 bills and $1 coins circulating?

I have really been thinking about this, and I also touched the subject
on another thread, but I wanted to create one directed solely on what
most people consider "odd money".

I really think that the way to get halves, $1 coins and $2 bills to
circulate, is to have vending machines upgraded to BOTH accept and
dispense all three denominations. Most people are not willing to go
out of their way, to go to the bank to order or ask for these oddies,
but, if self-checkouts and other vending machines dispensed these
three denominations, I believe that they would all circulate.

Even if most people especially hate the half dollar, claiming its "too
big and heavy" I'm sure if machines dispensed them, people would use
them, just to get rid of them. But I'd say that, within a couple
years, a half (and the $1 coin, for that matter), would be treated
just the same as a quarter. People would get used to halves again, and
now, with all of these new vending machines, half dollar circulation
could easily increase if the machines took them. Actually though, even
though people say that the general public does not want halves, I get
them a lot from a local 7 Eleven worker, who usually gets halves in
his till from people, quite frequently. So this points out that, they
are obviously still being used, and some people obviously still want
them. And even if the gap between a quarter and a half, and/or a half
and a dollar, is not too big the half could still save the government
money on minting less quarters, if embraced properly. I think there is
a decent ammount of people out there, who find a convenience of
carrying a half over two quarters, especially if they get more change.
If I broke a dollar to buy a 25 cent pack of gum, I'd rather get a
quarter and a half back in change, than I would, three quarters.

The same thing goes with $1 coins and $2 bills. Get vendors to retool
to accept, AND dispense them, and they will circulate.

Does anyone know how I could write to the vending industry, about
these suggestions? Or where I can find an address?


Ads
  #3  
Old January 4th 09, 02:21 PM posted to rec.collecting.coins
Bruce Remick
external usenet poster
 
Posts: 3,391
Default The answer to getting halves, $2 bills and $1 coins circulating?


wrote in message
...
I have really been thinking about this, and I also touched the subject
on another thread, but I wanted to create one directed solely on what
most people consider "odd money".

I really think that the way to get halves, $1 coins and $2 bills to
circulate, is to have vending machines upgraded to BOTH accept and
dispense all three denominations. Most people are not willing to go
out of their way, to go to the bank to order or ask for these oddies,
but, if self-checkouts and other vending machines dispensed these
three denominations, I believe that they would all circulate.


Here's where the proposal for a $2 coin might get more attention than one
for a redesigned $2 bill.


Even if most people especially hate the half dollar, claiming its "too
big and heavy" I'm sure if machines dispensed them, people would use
them, just to get rid of them.


That's not a very good argument for the half dollar. Make them available
because people would use them just to get rid of them. I don't believe at
all that people "hate" the half dollar. At least half of the population
probably too young to have ever seen them circulate. If people started to
receive them routinely in change, they would likely include them among their
pocket spending change without much thought. Same with dollar coins.

But I'd say that, within a couple
years, a half (and the $1 coin, for that matter), would be treated
just the same as a quarter. People would get used to halves again, and
now, with all of these new vending machines, half dollar circulation
could easily increase if the machines took them.


That's correct. Poeple likely would get used to them, but they don't
actually "need" them to the extent that half dollars should be minted for
general circulation again.

Actually though, even
though people say that the general public does not want halves, I get
them a lot from a local 7 Eleven worker, who usually gets halves in
his till from people, quite frequently. So this points out that, they
are obviously still being used, and some people obviously still want
them.


All this does is reinforce the stereotype that many who shop at 7 Elevens
are those who will grovel for whatever change they can come up with to get
that 24oz can of beer for lunch. People don't necessarily want halves, they
just want 50 cents. A 7 Eleven till is probably a great place to check for
old coins. Keep on good terms with you local friend.

And even if the gap between a quarter and a half, and/or a half
and a dollar, is not too big the half could still save the government
money on minting less quarters, if embraced properly. I think there is
a decent ammount of people out there, who find a convenience of
carrying a half over two quarters, especially if they get more change.
If I broke a dollar to buy a 25 cent pack of gum, I'd rather get a
quarter and a half back in change, than I would, three quarters.


Hey, with all the proposed new quarter designs taking us into the next
decades, you suggest it would be good to mint LESS quarters? Maybe not a
good argument to offer your Congressman. And I for one would prefer to have
three quarters.


The same thing goes with $1 coins and $2 bills. Get vendors to retool
to accept, AND dispense them, and they will circulate.


Keep in mind that all of our lives are not centered around vending machines.
They charge even more than the 7 Elevens.



  #4  
Old January 4th 09, 02:41 PM posted to rec.collecting.coins
RWF
external usenet poster
 
Posts: 18
Default The answer to getting halves, $2 bills and $1 coins circulating?


"Bruce Remick" wrote in message
...

That's correct. Poeple likely would get used to them, but they don't
actually "need" them to the extent that half dollars should be minted
for general circulation again.


Instead of using the quarter for the National Parks series, the half
should be used instead.
At least that would raise public awareness of the coin.
It's curious that the half has fallen into disuse.
Growing up in the 50s, I received half dollars all the time and a half a
buck was worth a heck of a lot more in those days.
Get a roll or 2 of "junk" silver halves and you will find well-worn
examples.

  #5  
Old January 4th 09, 03:16 PM posted to rec.collecting.coins
Bruce Remick
external usenet poster
 
Posts: 3,391
Default The answer to getting halves, $2 bills and $1 coins circulating?


"RWF" wrote in message
...

"Bruce Remick" wrote in message
...

That's correct. Poeple likely would get used to them, but they don't
actually "need" them to the extent that half dollars should be minted for
general circulation again.


Instead of using the quarter for the National Parks series, the half
should be used instead.
At least that would raise public awareness of the coin.
It's curious that the half has fallen into disuse.
Growing up in the 50s, I received half dollars all the time and a half a
buck was worth a heck of a lot more in those days.
Get a roll or 2 of "junk" silver halves and you will find well-worn
examples.


I grew up with them, too. Nobody seemed to be concerned with its size.
Maybe an argument could have been made for the half dollar to be resurrected
for the National Parks series, what with it's larger format, leaving the
quarters availble for other pet designs.

As an aside, I was reading a description of the Native American $1 Coin Act
which will result in new annual reverse designs on the Sacagawea dollar
representing important American Indians and their contributions. Got me to
thinking how presumptuous and arrogant it is of us to look for Native
American contributions to OUR society, when it should probably be the other
way around. What did immigrant Americans contribute to the existing Native
American societies? I doubt the answer would require many coin designs.
Peeve off.





  #6  
Old January 4th 09, 03:36 PM posted to rec.collecting.coins
Mr. Jaggers
external usenet poster
 
Posts: 5,523
Default The answer to getting halves, $2 bills and $1 coins circulating?

Bruce Remick wrote:
"RWF" wrote in message
...

"Bruce Remick" wrote in message
...

That's correct. Poeple likely would get used to them, but they
don't actually "need" them to the extent that half dollars should
be minted for general circulation again.


Instead of using the quarter for the National Parks series, the half
should be used instead.
At least that would raise public awareness of the coin.
It's curious that the half has fallen into disuse.
Growing up in the 50s, I received half dollars all the time and a
half a buck was worth a heck of a lot more in those days.
Get a roll or 2 of "junk" silver halves and you will find well-worn
examples.


I grew up with them, too. Nobody seemed to be concerned with its
size. Maybe an argument could have been made for the half dollar to
be resurrected for the National Parks series, what with it's larger
format, leaving the quarters availble for other pet designs.

As an aside, I was reading a description of the Native American $1
Coin Act which will result in new annual reverse designs on the
Sacagawea dollar representing important American Indians and their
contributions. Got me to thinking how presumptuous and arrogant it
is of us to look for Native American contributions to OUR society,
when it should probably be the other way around. What did immigrant
Americans contribute to the existing Native American societies? I
doubt the answer would require many coin designs. Peeve off.


How about one coin type for each contagion, social or otherwise, brought to
the Western Hemisphere? At five per year, that'd take us out to, oh, around
2210.

James


  #7  
Old January 4th 09, 06:36 PM posted to rec.collecting.coins
note.boy
external usenet poster
 
Posts: 2,418
Default The answer to getting halves, $2 bills and $1 coins circulating?


"Bruce Remick" wrote in message
...

"RWF" wrote in message
...

"Bruce Remick" wrote in message
...

That's correct. Poeple likely would get used to them, but they don't
actually "need" them to the extent that half dollars should be minted
for general circulation again.


Instead of using the quarter for the National Parks series, the half
should be used instead.
At least that would raise public awareness of the coin.
It's curious that the half has fallen into disuse.
Growing up in the 50s, I received half dollars all the time and a half a
buck was worth a heck of a lot more in those days.
Get a roll or 2 of "junk" silver halves and you will find well-worn
examples.


I grew up with them, too. Nobody seemed to be concerned with its size.
Maybe an argument could have been made for the half dollar to be
resurrected for the National Parks series, what with it's larger format,
leaving the quarters availble for other pet designs.

As an aside, I was reading a description of the Native American $1 Coin
Act which will result in new annual reverse designs on the Sacagawea
dollar representing important American Indians and their contributions.
Got me to thinking how presumptuous and arrogant it is of us to look for
Native American contributions to OUR society, when it should probably be
the other way around. What did immigrant Americans contribute to the
existing Native American societies? I doubt the answer would require many
coin designs. Peeve off.






I read somewhere that the arrival of the white man to North America reduced
the native American population from 5m to 500,000 due to disease and
genocide.

The Native Americans should have killed every invader as soon as they landed
ashore, hindsight is a wonderful thing.

The bison population did not fare too well either. Billy


  #8  
Old January 5th 09, 12:52 AM posted to rec.collecting.coins
Bruce Remick
external usenet poster
 
Posts: 3,391
Default The answer to getting halves, $2 bills and $1 coins circulating?


"note.boy" wrote in message
...

"Bruce Remick" wrote in message
...

"RWF" wrote in message
...

"Bruce Remick" wrote in message
...

That's correct. Poeple likely would get used to them, but they don't
actually "need" them to the extent that half dollars should be minted
for general circulation again.

Instead of using the quarter for the National Parks series, the half
should be used instead.
At least that would raise public awareness of the coin.
It's curious that the half has fallen into disuse.
Growing up in the 50s, I received half dollars all the time and a half a
buck was worth a heck of a lot more in those days.
Get a roll or 2 of "junk" silver halves and you will find well-worn
examples.


I grew up with them, too. Nobody seemed to be concerned with its size.
Maybe an argument could have been made for the half dollar to be
resurrected for the National Parks series, what with it's larger format,
leaving the quarters availble for other pet designs.

As an aside, I was reading a description of the Native American $1 Coin
Act which will result in new annual reverse designs on the Sacagawea
dollar representing important American Indians and their contributions.
Got me to thinking how presumptuous and arrogant it is of us to look for
Native American contributions to OUR society, when it should probably be
the other way around. What did immigrant Americans contribute to the
existing Native American societies? I doubt the answer would require
many coin designs. Peeve off.






I read somewhere that the arrival of the white man to North America
reduced the native American population from 5m to 500,000 due to disease
and genocide.


You should have continued on to read about Central and South America.


The Native Americans should have killed every invader as soon as they
landed ashore, hindsight is a wonderful thing.


Not that Europeans meant to come to America as invaders. They just sort of
wanted to be in control of things once they got here.


The bison population did not fare too well either. Billy


But just look at the fantastic casinos that Native Americans have provided
for the rest of us. No small accomplishment. Maybe that will be featured
on the reverse of a future Sac dollar.






  #9  
Old January 5th 09, 01:14 AM posted to rec.collecting.coins
RWF
external usenet poster
 
Posts: 18
Default The answer to getting halves, $2 bills and $1 coins circulating?

"note.boy" wrote in message
...
The Native Americans should have killed every invader as soon as they
landed ashore, hindsight is a wonderful thing.


Genocide?

  #10  
Old January 5th 09, 01:50 AM posted to rec.collecting.coins
[email protected]
external usenet poster
 
Posts: 123
Default The answer to getting halves, $2 bills and $1 coins circulating?

On Jan 4, 9:21*am, "Bruce Remick" wrote:
wrote in message

...

I have really been thinking about this, and I also touched the subject
on another thread, but I wanted to create one directed solely on what
most people consider "odd money".


I really think that the way to get halves, $1 coins and $2 bills to
circulate, is to have vending machines upgraded to BOTH accept and
dispense all three denominations. Most people are not willing to go
out of their way, to go to the bank to order or ask for these oddies,
but, if self-checkouts and other vending machines dispensed these
three denominations, I believe that they would all circulate.


Here's where the proposal for a $2 coin might get more attention than one
for a redesigned $2 bill.


I understand this, but what I was reffering to, was how self-checkouts
dispense bills as change, so, they could be made to dispense $2 bills
as well, at least, until $2 bills are eliminated for $2 coins. I'm
still not 100% sure if I should suggest a $2 coin as of yet, seeing
as, most people don't even want a $1 coin. I'm wondering how much
longer we should have $2 bills, after the $1 bill goes.



Even if most people especially hate the half dollar, claiming its "too
big and heavy" I'm sure if machines dispensed them, people would use
them, just to get rid of them.


That's not a very good argument for the half dollar. *Make them available
because people would use them just to get rid of them. *I don't believe at
all that people "hate" the half dollar. *At least half of the population
probably too young to have ever seen them circulate. *If people started to
receive them routinely in change, they would likely include them among their
pocket spending change without much thought. *Same with dollar coins.


I didn't exactly mean it that way. I just meant that, if you don't
want to carry the havles, you could just spend them. I should have
worded that better. I'm not saying I want to force people to want to
spend them, athough I support vending machines dipensing them, to sort
of force people to at least circulate them, as they choose to spend
them.


But I'd say that, within a couple
years, a half (and the $1 coin, for that matter), would be treated
just the same as a quarter. People would get used to halves again, and
now, with all of these new vending machines, half dollar circulation
could easily increase if the machines took them.


That's correct. *Poeple likely would get used to them, but they don't
actually "need" them to the extent that half dollars should be minted for
general circulation again.


Just because people don't need them too much, doesn't mean some people
won't find a covenience for them.

Actually though, even
though people say that the general public does not want halves, I get
them a lot from a local 7 Eleven worker, who usually gets halves in
his till from people, quite frequently. So this points out that, they
are obviously still being used, and some people obviously still want
them.


All this does is reinforce the stereotype that many who shop at 7 Elevens
are those who will grovel for whatever change they can come up with to get
that 24oz can of beer for lunch. *People don't necessarily want halves, they
just want 50 cents. *A 7 Eleven till is probably a great place to check for
old coins. *Keep on good terms with you local friend.


I do plan on keeping on good terms with the 7 Eleven guy, but I have
already told him about what dates to look for, for silver coins, and I
will also point them out and tell him about them, if he recieves any.
I'm not going to rip off out cheat out a friend. In fact, he recently
had an Ike dollar coin recently, and I asked him if he wanted to buy
it, or otherwise, sell it to me, and he told me that he usually only
saves them, if he has the money to buy them. This guy doesn't have a
lot of money. I even sold him a 32 subject sheet of $2 bills I wanted
to sell, for $70 because he is my friend, and he paid me in payments
for the sheet, and he got the goods before he paid in full, because I
trusted him, and he did pay me in full, through payments. I'm not
about to rip someone off who I trust, and who trusts me.


And even if the gap between a quarter and a half, and/or a half

and a dollar, is not too big the half could still save the government
money on minting less quarters, if embraced properly. I think there is
a decent ammount of people out there, who find a convenience of
carrying a half over two quarters, especially if they get more change.
If I broke a dollar to buy a 25 cent pack of gum, I'd rather get a
quarter and a half back in change, than I would, three quarters.


Hey, with all the proposed new quarter designs taking us into the next
decades, you suggest it would be good to mint LESS quarters? *Maybe not a
good argument to offer your Congressman. *And I for one would prefer to have
three quarters.


I wish they'd stop these quarter designs already, for a while, but I
guess the National Park quarter legislation passed?

 




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