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New coins

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  • F Offline
    F Offline
    Fernando A Gomez F
    wrote on last edited by
    #1

    I just read in my local newspaper that since today there are new $1 coin in the U.S. Will you guys keep using the paper or will you use the new coin? Or you don't even care ;P?

    A polar bear is a bear whose coordinates has been changed in terms of sine and cosine. Personal Site

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    • F Fernando A Gomez F

      I just read in my local newspaper that since today there are new $1 coin in the U.S. Will you guys keep using the paper or will you use the new coin? Or you don't even care ;P?

      A polar bear is a bear whose coordinates has been changed in terms of sine and cosine. Personal Site

      T Offline
      T Offline
      toxcct
      wrote on last edited by
      #2

      i don't care, I use € :rolleyes:


      [VisualCalc][Flags Beginner's Guide] | [Forums Guidelines][My Best Advice]

      1 Reply Last reply
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      • F Fernando A Gomez F

        I just read in my local newspaper that since today there are new $1 coin in the U.S. Will you guys keep using the paper or will you use the new coin? Or you don't even care ;P?

        A polar bear is a bear whose coordinates has been changed in terms of sine and cosine. Personal Site

        S Offline
        S Offline
        Shog9 0
        wrote on last edited by
        #3

        Well, let's see... We've had dollar coins around for a while, and yet they rarely show up in circulation, so... :sigh: I used to work in a building where all the vending machines accepted dollar coins, and there were machines that would break a $5, $10, or $20 and give you the proper number of dollar coins. So i nearly always had a few in my pocket, and it was nice. But now i don't. I haven't seen a machine that gives or takes dollar coins in quite a while; i think the last time i saw one was at a post office. While i miss the convenience, the end result is that i spend less on soda and snacks, since i'm not fond of carrying lots of quarters in my pocket.

        ---- Scripts i’ve known... CPhog 1.8.2 - make CP better. Forum Bookmark 0.2.5 - bookmark forum posts on Pensieve Print forum 0.1.2 - printer-friendly forums Expand all 1.0 - Expand all messages In-place Delete 1.0 - AJAX-style post delete Syntax 0.1 - Syntax highlighting for code blocks in the forums

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        • F Fernando A Gomez F

          I just read in my local newspaper that since today there are new $1 coin in the U.S. Will you guys keep using the paper or will you use the new coin? Or you don't even care ;P?

          A polar bear is a bear whose coordinates has been changed in terms of sine and cosine. Personal Site

          J Offline
          J Offline
          John M Drescher
          wrote on last edited by
          #4

          Fernando A. Gomez F. wrote:

          Or you don't even care

          Not really. As I tend to lose coins more than bills.

          John

          1 Reply Last reply
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          • F Fernando A Gomez F

            I just read in my local newspaper that since today there are new $1 coin in the U.S. Will you guys keep using the paper or will you use the new coin? Or you don't even care ;P?

            A polar bear is a bear whose coordinates has been changed in terms of sine and cosine. Personal Site

            D Offline
            D Offline
            Dan Neely
            wrote on last edited by
            #5

            A bunch of would be collectors will end up hoarding them in sock drawers and 3 months after the minting run ceases they'll be completely impossible (as opposed to mostly impossible) to find in circulation. They're effectively just a revenue boosting scheme for the mint, which needs them since the penny and nickel (1c and 5c) coins now require more than their face value in bullion to mint (~1.4c, and 6.5c). What should be done is the US following most of the rest of the world in withdrawing the penny from circulation, and debasing the nickel to a zinc plated coin like the current penny (would drop the bullion cost to ~2-3c per coin). Likewise the dollar coin will never be anything but a curiosity as long as the paper bill remains in circulation. Accomplishing that would however require politicians to act, without any major constituency pushing and fully aware that a large fraction of the voters would oppose it out of nothing more than stubbornness. In addition, having developed the dollar bill reader in response to congresses earlier failure to ram a dollar coin down the publics throat, the vending machine lobby would likely throw their political weight into opposing the change. You and I both know the odds of that ever happening. :laugh::((:laugh:

            -- Rules of thumb should not be taken for the whole hand.

            B 1 Reply Last reply
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            • F Fernando A Gomez F

              I just read in my local newspaper that since today there are new $1 coin in the U.S. Will you guys keep using the paper or will you use the new coin? Or you don't even care ;P?

              A polar bear is a bear whose coordinates has been changed in terms of sine and cosine. Personal Site

              Z Offline
              Z Offline
              Zach Burnett
              wrote on last edited by
              #6

              I haven't seen those coins in months. The government decided not to release them normally. Instead of releasing the coins from the bank they decided to release the coins through Walmart instead. It was crazy. Go to bank get notes, go to Walmart get coins. I personally used them, but most of the people I know hated them. they thought they were too heavy

              Zach

              S 1 Reply Last reply
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              • F Fernando A Gomez F

                I just read in my local newspaper that since today there are new $1 coin in the U.S. Will you guys keep using the paper or will you use the new coin? Or you don't even care ;P?

                A polar bear is a bear whose coordinates has been changed in terms of sine and cosine. Personal Site

                Z Offline
                Z Offline
                Zero K
                wrote on last edited by
                #7

                In Canada, we've had $1 and $2 coins for quite some time now. It takes a little while to get used to them, but then it just becomes second nature.

                L 1 Reply Last reply
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                • F Fernando A Gomez F

                  I just read in my local newspaper that since today there are new $1 coin in the U.S. Will you guys keep using the paper or will you use the new coin? Or you don't even care ;P?

                  A polar bear is a bear whose coordinates has been changed in terms of sine and cosine. Personal Site

                  M Offline
                  M Offline
                  Matt Newman
                  wrote on last edited by
                  #8

                  Fernando A. Gomez F. wrote:

                  I just read in my local newspaper that since today there are new $1 coin in the U.S. Will you guys keep using the paper or will you use the new coin? Or you don't even care ?

                  I wasn't aware it was out yet, I thought it was still a work in progress. Currently my job is to count money in a retail enviroment. I have not seen this new one at all yet, I rarely see the (can't spell it, the native american girl) or the susan b anthony coins. The only time I have seen people want them it is for novelty purposes. No dollar coin will replace the paper dollar.

                  Matt Newman

                  M L E 3 Replies Last reply
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                  • Z Zach Burnett

                    I haven't seen those coins in months. The government decided not to release them normally. Instead of releasing the coins from the bank they decided to release the coins through Walmart instead. It was crazy. Go to bank get notes, go to Walmart get coins. I personally used them, but most of the people I know hated them. they thought they were too heavy

                    Zach

                    S Offline
                    S Offline
                    Shog9 0
                    wrote on last edited by
                    #9

                    Zach Burnett wrote:

                    they thought they were too heavy

                    Huh... i rather liked the weight. I could pick them out of the coins in my pocket fairly easily that way. Now, those old $0.50 coins...

                    ---- Scripts i’ve known... CPhog 1.8.2 - make CP better. Forum Bookmark 0.2.5 - bookmark forum posts on Pensieve Print forum 0.1.2 - printer-friendly forums Expand all 1.0 - Expand all messages In-place Delete 1.0 - AJAX-style post delete Syntax 0.1 - Syntax highlighting for code blocks in the forums

                    Z R 2 Replies Last reply
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                    • M Matt Newman

                      Fernando A. Gomez F. wrote:

                      I just read in my local newspaper that since today there are new $1 coin in the U.S. Will you guys keep using the paper or will you use the new coin? Or you don't even care ?

                      I wasn't aware it was out yet, I thought it was still a work in progress. Currently my job is to count money in a retail enviroment. I have not seen this new one at all yet, I rarely see the (can't spell it, the native american girl) or the susan b anthony coins. The only time I have seen people want them it is for novelty purposes. No dollar coin will replace the paper dollar.

                      Matt Newman

                      M Offline
                      M Offline
                      Member 96
                      wrote on last edited by
                      #10

                      Matt Newman wrote:

                      Currently my job is to count money in a retail enviroment

                      As in "would you like to supersize that?" :laugh:

                      M 1 Reply Last reply
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                      • F Fernando A Gomez F

                        I just read in my local newspaper that since today there are new $1 coin in the U.S. Will you guys keep using the paper or will you use the new coin? Or you don't even care ;P?

                        A polar bear is a bear whose coordinates has been changed in terms of sine and cosine. Personal Site

                        M Offline
                        M Offline
                        Marc Clifton
                        wrote on last edited by
                        #11

                        Every attempt in the last 10 or 15 years to come out with a dollar coin has been a fiasco of stupid design and ridiculed by "the user". This one will fail too. Marc

                        Thyme In The Country
                        Interacx

                        People are just notoriously impossible. --DavidCrow
                        There's NO excuse for not commenting your code. -- John Simmons / outlaw programmer
                        People who say that they will refactor their code later to make it "good" don't understand refactoring, nor the art and craft of programming. -- Josh Smith

                        1 Reply Last reply
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                        • F Fernando A Gomez F

                          I just read in my local newspaper that since today there are new $1 coin in the U.S. Will you guys keep using the paper or will you use the new coin? Or you don't even care ;P?

                          A polar bear is a bear whose coordinates has been changed in terms of sine and cosine. Personal Site

                          M Offline
                          M Offline
                          Member 96
                          wrote on last edited by
                          #12

                          In Canada we've had 1 and 2 dollar coins for some time now. We had dollar coins before that but until they stopped making paper dollars and 2 dollar bills no one really used them. Now that they no longer make the paper dollar and 2 dollar bill it's not like we have a choice. People bitched a lot about it when it was announced, making jokes about having 40 pounds of change in their pockets etc, but it came about just after debit cards were prototyped and tested in Canada (Canada was IIRC the first country where debit cards were tested initially) and debit cards were so heavily adopted by the populace that they went into full usage of debit cards almost everywhere shortly after the initial test. Today if you stand in any typical line at a retail store you will very rarely see anyone using cash for a purchase unless they are under the age of 20 or over the age of 60. I'm just old enough that I still keep at least 100 dollars in cash in my wallet at all times just in case, but I doubt that's common for anyone younger than me.

                          L D C 3 Replies Last reply
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                          • F Fernando A Gomez F

                            I just read in my local newspaper that since today there are new $1 coin in the U.S. Will you guys keep using the paper or will you use the new coin? Or you don't even care ;P?

                            A polar bear is a bear whose coordinates has been changed in terms of sine and cosine. Personal Site

                            A Offline
                            A Offline
                            Andy Brummer
                            wrote on last edited by
                            #13

                            I hardly ever use cash or coins. I make most of my purchases with my debit card, so I'll probably never see a dollar coin in circulation.


                            Using the GridView is like trying to explain to someone else how to move a third person's hands in order to tie your shoelaces for you. -Chris Maunder

                            1 Reply Last reply
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                            • Z Zero K

                              In Canada, we've had $1 and $2 coins for quite some time now. It takes a little while to get used to them, but then it just becomes second nature.

                              L Offline
                              L Offline
                              Lost User
                              wrote on last edited by
                              #14

                              Loonie!

                              The tigress is here :-D

                              1 Reply Last reply
                              0
                              • S Shog9 0

                                Zach Burnett wrote:

                                they thought they were too heavy

                                Huh... i rather liked the weight. I could pick them out of the coins in my pocket fairly easily that way. Now, those old $0.50 coins...

                                ---- Scripts i’ve known... CPhog 1.8.2 - make CP better. Forum Bookmark 0.2.5 - bookmark forum posts on Pensieve Print forum 0.1.2 - printer-friendly forums Expand all 1.0 - Expand all messages In-place Delete 1.0 - AJAX-style post delete Syntax 0.1 - Syntax highlighting for code blocks in the forums

                                Z Offline
                                Z Offline
                                Zach Burnett
                                wrote on last edited by
                                #15

                                I know what you mean. I personally loved having the dollar coins. Some of the people I knew were all about how it's just not natural to have dollar coins. Do you know if they are still in circulation? I haven't seen them in a while. I don't think Walmart gives them out anymore either.

                                Zach

                                S 1 Reply Last reply
                                0
                                • M Matt Newman

                                  Fernando A. Gomez F. wrote:

                                  I just read in my local newspaper that since today there are new $1 coin in the U.S. Will you guys keep using the paper or will you use the new coin? Or you don't even care ?

                                  I wasn't aware it was out yet, I thought it was still a work in progress. Currently my job is to count money in a retail enviroment. I have not seen this new one at all yet, I rarely see the (can't spell it, the native american girl) or the susan b anthony coins. The only time I have seen people want them it is for novelty purposes. No dollar coin will replace the paper dollar.

                                  Matt Newman

                                  L Offline
                                  L Offline
                                  Lost User
                                  wrote on last edited by
                                  #16

                                  Matt Newman wrote:

                                  No dollar coin will replace the paper dollar.

                                  It will if they do what happened up here in Canada. The bills were removed from circulation when the loonie was introduced. That way there isn't a choice. Cheers, Drew.

                                  1 Reply Last reply
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                                  • M Member 96

                                    In Canada we've had 1 and 2 dollar coins for some time now. We had dollar coins before that but until they stopped making paper dollars and 2 dollar bills no one really used them. Now that they no longer make the paper dollar and 2 dollar bill it's not like we have a choice. People bitched a lot about it when it was announced, making jokes about having 40 pounds of change in their pockets etc, but it came about just after debit cards were prototyped and tested in Canada (Canada was IIRC the first country where debit cards were tested initially) and debit cards were so heavily adopted by the populace that they went into full usage of debit cards almost everywhere shortly after the initial test. Today if you stand in any typical line at a retail store you will very rarely see anyone using cash for a purchase unless they are under the age of 20 or over the age of 60. I'm just old enough that I still keep at least 100 dollars in cash in my wallet at all times just in case, but I doubt that's common for anyone younger than me.

                                    L Offline
                                    L Offline
                                    Lost User
                                    wrote on last edited by
                                    #17

                                    John Cardinal wrote:

                                    but I doubt that's common for anyone younger than me.

                                    Yup - although I keep some change laying around for parking and grocery carts. Other than that it's a rare day that I ever see cash. I use debit and credit cards for everything as do most of the people I know. Cheers, Drew.

                                    M 1 Reply Last reply
                                    0
                                    • M Member 96

                                      In Canada we've had 1 and 2 dollar coins for some time now. We had dollar coins before that but until they stopped making paper dollars and 2 dollar bills no one really used them. Now that they no longer make the paper dollar and 2 dollar bill it's not like we have a choice. People bitched a lot about it when it was announced, making jokes about having 40 pounds of change in their pockets etc, but it came about just after debit cards were prototyped and tested in Canada (Canada was IIRC the first country where debit cards were tested initially) and debit cards were so heavily adopted by the populace that they went into full usage of debit cards almost everywhere shortly after the initial test. Today if you stand in any typical line at a retail store you will very rarely see anyone using cash for a purchase unless they are under the age of 20 or over the age of 60. I'm just old enough that I still keep at least 100 dollars in cash in my wallet at all times just in case, but I doubt that's common for anyone younger than me.

                                      D Offline
                                      D Offline
                                      Dan Neely
                                      wrote on last edited by
                                      #18

                                      John Cardinal wrote:

                                      I'm just old enough that I still keep at least 100 dollars in cash in my wallet at all times just in case, but I doubt that's common for anyone younger than me.

                                      I'll be 26 this summer. Depending on how recently I was at the ATM I might have anywhere up to $130 or so on me, averaging about half that. Plus ~$50-60 (cash + coin holder) stashed in my car. I don't use it a lot (credit card kickbacks more than anything else), but a few of the restaurants I eat at have slow credit processing systems, and I prefer to leave cash tips (heard too many horror stories about management delaying payment of CC tips, skimming off the top, or even keeping them entirely). I generally pull $100 at a time and spend down to about $20 in my wallet before refilling. OTOH if I'm going on a road trip I always make sure I have enough cash to cover all my gas both ways just in case (the same reason for the two 20's in my car).

                                      -- Rules of thumb should not be taken for the whole hand.

                                      1 Reply Last reply
                                      0
                                      • F Fernando A Gomez F

                                        I just read in my local newspaper that since today there are new $1 coin in the U.S. Will you guys keep using the paper or will you use the new coin? Or you don't even care ;P?

                                        A polar bear is a bear whose coordinates has been changed in terms of sine and cosine. Personal Site

                                        R Offline
                                        R Offline
                                        Russell Morris
                                        wrote on last edited by
                                        #19

                                        Fernando A. Gomez F. wrote:

                                        Will you guys keep using the paper or will you use the new coin?

                                        I absoluately detest any and all pocket change. I hate the "jingle" when I walk, I hate fishing through the coins, and I hate the way they always tend to smell bad. I prefer the thin bills I can properly sort in ascending order and keep in my wallet. The plus side of the coins is that they last much longer than the bills, keeping the cost of producing them down. There's also a much higher chance of success for a machine designed to accept one-dollar coins than the machines designed to accept one-dollar bills. It sucks when the machine spits it back out because it's too frumpy to accept a bill with creased corners...

                                        "I hope he can see this, because I'm doing it as hard as I can" - Ignignot

                                        C 1 Reply Last reply
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                                        • F Fernando A Gomez F

                                          I just read in my local newspaper that since today there are new $1 coin in the U.S. Will you guys keep using the paper or will you use the new coin? Or you don't even care ;P?

                                          A polar bear is a bear whose coordinates has been changed in terms of sine and cosine. Personal Site

                                          S Offline
                                          S Offline
                                          Steve Mayfield
                                          wrote on last edited by
                                          #20

                                          The new $1 coin takes a clue from the popularity of the State Quarter ($0.25) series. There will be a different US President coin released every 3 months for all of the Presidents [^]. In parallel, The US Mint is also releasing a First Spouse (the President's wife) $10 coin [^]. For those Presndents that were single or widowed, Lady Liberty will grace the front of the coin. Steve

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