New coins
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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
Matt Newman wrote:
can't spell it, the native american girl
Sacagawea[^] (note: reference to controversy over name spelling too. It should be noted that "spelling" a native american name at that time was phonetic based on the listener's interpretation of the sounds. Which is part of the controversy.
_________________________ Asu no koto o ieba, tenjo de nezumi ga warau. Talk about things of tomorrow and the mice in the ceiling laugh. (Japanese Proverb)
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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.
Canada money is cool, just like Australian money, except your $2 coin is even cooler.
Christian Graus - Microsoft MVP - C++ Metal Musings - Rex and my new metal blog "I am working on a project that will convert a FORTRAN code to corresponding C++ code.I am not aware of FORTRAN syntax" ( spotted in the C++/CLI forum )
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I got a $1 coint on my first trip. I've never seen one again. Did they finally bring it in ? Good, US coins are useless. dimes and pennies are almost indistinguishable in a pile of money, and as there is no 50 cent piece, a pocket of change is rarely worth more than $2.50. At home, I can have $20 in my pocket. Over there, I give it to beggars to get rid of it. And don't get me started on how useless the notes are. All white, you can't tell whaty ou've got without leafing through them.
Christian Graus - Microsoft MVP - C++ Metal Musings - Rex and my new metal blog "I am working on a project that will convert a FORTRAN code to corresponding C++ code.I am not aware of FORTRAN syntax" ( spotted in the C++/CLI forum )
Christian Graus wrote:
All white, you can't tell whaty ou've got without leafing through them.
of course... that is the only exercise we get. ;P
_________________________ Asu no koto o ieba, tenjo de nezumi ga warau. Talk about things of tomorrow and the mice in the ceiling laugh. (Japanese Proverb)
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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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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.
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Canada money is cool, just like Australian money, except your $2 coin is even cooler.
Christian Graus - Microsoft MVP - C++ Metal Musings - Rex and my new metal blog "I am working on a project that will convert a FORTRAN code to corresponding C++ code.I am not aware of FORTRAN syntax" ( spotted in the C++/CLI forum )
:) When the 2 dollar coins first came out there was rampant stories about the central disk falling out of them by accident which the mint denied. So we tried to get one out and discovered you have to heat the hell out of it on a very hot wood stove followed by pounding with a hammer. US money always looks so crappy to me when I see it, dull and drab, not like money at all, more like play money or something. I'm sure they feel the same way about the rest of the world's money.
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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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I got a $1 coint on my first trip. I've never seen one again. Did they finally bring it in ? Good, US coins are useless. dimes and pennies are almost indistinguishable in a pile of money, and as there is no 50 cent piece, a pocket of change is rarely worth more than $2.50. At home, I can have $20 in my pocket. Over there, I give it to beggars to get rid of it. And don't get me started on how useless the notes are. All white, you can't tell whaty ou've got without leafing through them.
Christian Graus - Microsoft MVP - C++ Metal Musings - Rex and my new metal blog "I am working on a project that will convert a FORTRAN code to corresponding C++ code.I am not aware of FORTRAN syntax" ( spotted in the C++/CLI forum )
some of the paper currency is going thru a redesign [^] Steve
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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
The dollar coin will never work no matter what is on it, the size or color of it! The problem is not the coin, it is because they still produce the paper bill. If they took the one dollar bill out of circulation, then the one dollar coin would rule. On a side note, I have always found it funny that they keep trying to design our paper money so that it cannot be counterfieted. Well, that may sound good, but we all know that is impossible. Also, I wonder why anyone would try since they could make counterfiet $100 bills with dates prior to the new funny money and use them anywhere (just not in large groups). I personally like the idea of a one dollar coin and might even enjoy a five dollar coin to go with it. Sure would be easier on those with bad vision.
Rocky <>< Latest Code Blog Post: OpenID/CardSpace - Is it time? Latest Tech Blog Post: Scratch: fun for all ages for free!
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Matt Newman wrote:
Currently my job is to count money in a retail enviroment
As in "would you like to supersize that?" :laugh:
John Cardinal wrote:
As in "would you like to supersize that?"
Worse, in a grocery store...
Matt Newman
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The dollar coin will never work no matter what is on it, the size or color of it! The problem is not the coin, it is because they still produce the paper bill. If they took the one dollar bill out of circulation, then the one dollar coin would rule. On a side note, I have always found it funny that they keep trying to design our paper money so that it cannot be counterfieted. Well, that may sound good, but we all know that is impossible. Also, I wonder why anyone would try since they could make counterfiet $100 bills with dates prior to the new funny money and use them anywhere (just not in large groups). I personally like the idea of a one dollar coin and might even enjoy a five dollar coin to go with it. Sure would be easier on those with bad vision.
Rocky <>< Latest Code Blog Post: OpenID/CardSpace - Is it time? Latest Tech Blog Post: Scratch: fun for all ages for free!
Only to a point. Enough people would be skeptical about a bill more than a few years old that looks brand new to result in cops being called before too long. Changing the design repeatedly helps keep older designs obvious since they look different.
-- Rules of thumb should not be taken for the whole hand.
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The dollar coin will never work no matter what is on it, the size or color of it! The problem is not the coin, it is because they still produce the paper bill. If they took the one dollar bill out of circulation, then the one dollar coin would rule. On a side note, I have always found it funny that they keep trying to design our paper money so that it cannot be counterfieted. Well, that may sound good, but we all know that is impossible. Also, I wonder why anyone would try since they could make counterfiet $100 bills with dates prior to the new funny money and use them anywhere (just not in large groups). I personally like the idea of a one dollar coin and might even enjoy a five dollar coin to go with it. Sure would be easier on those with bad vision.
Rocky <>< Latest Code Blog Post: OpenID/CardSpace - Is it time? Latest Tech Blog Post: Scratch: fun for all ages for free!
I've seen a counterfeit $20. I think they are easier to pass off because people don't pay close attention to a twenty like they do for a hundred.
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
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Only to a point. Enough people would be skeptical about a bill more than a few years old that looks brand new to result in cops being called before too long. Changing the design repeatedly helps keep older designs obvious since they look different.
-- Rules of thumb should not be taken for the whole hand.
dan neely wrote:
skeptical about a bill more than a few years old that looks brand new
Wading them up and a tumble through the dryer should take care of that :)
Rocky <>< Latest Code Blog Post: OpenID/CardSpace - Is it time? Latest Tech Blog Post: Scratch: fun for all ages for free!
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I've seen a counterfeit $20. I think they are easier to pass off because people don't pay close attention to a twenty like they do for a hundred.
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
Yeah, I agree!
Rocky <>< Latest Code Blog Post: OpenID/CardSpace - Is it time? Latest Tech Blog Post: Scratch: fun for all ages for free!
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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
I'll use a $1 coin when it will buy a beer.
"...a photo album is like Life, but flat and stuck to pages." - Shog9
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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...
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Shog9 wrote:
Now, those old $0.50 coins...
I have one of those somewhere...though i never actually used it, since i haven't seen any more of them in circulation... Roswell
"Angelinos -- excuse me. There will be civility today."
Antonio VillaRaigosa
City Mayor, Los Angeles, CA -
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.
Or for a more interesting read, check out the article in March 2007 Playboy about economists discusssing how corporations took over American politics, which is nt longer 'for the people and by the people'...