There's an article about how many people are hoarding the Golden Dollar
>There's an article about how many people are hoarding the Golden Dollar
Learn all about how the NSA spys on you. Search on "Project Echelon" at your
favorite search engine. Another service brought to you by the Clintons.
Personally, I'm saving all of mine to put in a vault so I can roll around
in them like Scrooge McDuck!
The difference is that Canada *replaced* their dollar and two-dollar
bills with coins, while the US did not eliminate the dollar bill when
they introduced the Golden Dollar. Although the Wal-Mart promotion was
a good idea, both the promotion and the subsequent lack of coins
elsewhere gave the American public the impression that the coin was a
novelty and meant to be hoarded.
I like Canada's method better.
The indecipherable TV ads with George Washington's head are not going to
change public opinion.
>The indecipherable TV ads with George Washington's head are not going to
>change public opinion.
> Contrary to the reference to a "workhorse", they still have to get into
> circulation. I'm trying to use them everytime I buy something. The feeling
> here in my neck of upstate NY ranges from, "Ooo, neat" where the recipient
> exchanges it for paper, to "Yuck, another ugly dollar" in which case it gets
> tossed into the "slugs slot" of the cash register. All in all the feeling
> leans toward the negative with about half feeling apothetic and the other half
> just not caring. Oh well. I'm at least trying.
In the meantime, just think how big a profit the government is
making selling stamped brass slugs for a dollar each when they
only cost a few cents to make, and knowing that everyone across
the country is scrambling to get ahold of a few.
> In the meantime, just think how big a profit the government is
> making selling stamped brass slugs for a dollar each when they
> only cost a few cents to make, and knowing that everyone across
> the country is scrambling to get ahold of a few.
(That's a joke you rabid quarer fans)
> Why would anyone hoard such a coin?
2000 is NOT the 21st century. 2001 is. You can look it up at U.S.
Naval Observatory http://aa.usno.navy.mil/AA/faq/docs/millennium.html
"Carthage must be destroyed!" Cato the Elder, inventor of dot sigs
Sent via Deja.com http://www.deja.com/
Before you buy.
> >Because hardly anyone actually wants to use them.
> I do. I've used three for food purchases, three at a jumble sale, and one for
> a donation. I'd much rather use a readily accessible dollar coin for a small
> purchase than fighting with a wallet filled to bursting with losing lottery
> tickets and cards for services I don't use to retrieve a dollar note..
> Marada Coeurfuege Shra'drakaii
I'm glad my bank has started to let me have as many rolls as I want.
Restricting the coins to "5 per customer" only serves to reinforce the
perception that the dollar coins are somehow "special" and/or "scarce",
thus encouraging the hoarding frenzy.
Lately, I've taken to scratching up the surfaces of *some* of my
"spender" Sac dollars by throwing them on the ground and stepping on
them with a circular grinding motion.
Here. Hoard THIS! 8^D
Barton, Vermont 05822-0706
ANA Member #181192
> > Why would anyone hoard such a coin?
> Because hardly anyone actually wants to use them.
I've used SBAs and $2 bills for change since 1979 and Ikes before that. As
a dealer, tho, I would be foolish to hand out a coin in change that people
are willing to pay 50% over face value to get.