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Replacing Dollar Bill With Dollar Coin?

Dollar coins... My Take, (don't bother reading this)

Lifespan = Win. Metallic struck vs printed currency = Coins last longer.

Tolls = Win... Except, RFID passes are now a bigger win.

Vending Machines = Win, never had to fold, stretch, and iron a coin to make it work in a vending machine. Except if Canada also makes coins that are similar enough to be interchanged, yet useless for my automated Twinkie procurements.

Cocaine = Fail, but people who afford coke, can use bigger bills.

Dollar Penises / Origami = Fail

Jacket Surprise = Fail, then again, never got really excited finding a single hidden in some winter clothes, it's gotta be at least a 10 these days.

Strippers = Undetermined. This could be a fail, or it could be awesome, depends on how quickly the bouncers react to the situation.

Now for those Pennies... Last legitimate use for pennies I had (seriously), was for a counterweight in my home-made keyboard. I epoxied 4 bucks to the bottom of it, and got my monies worth. Otherwise, they just serve to create spacing between the silver coins and stray lint / pubes inside my "change bucket".
 
Wait, another win for coins I just thought of:

No more of those stupid, *#&$ing "Where's George" stamps with associated ads stamped on my coins. And if someone does decided to paint, a quick dip in Acetone, and problem solved.

Don't ask me why, but stupid hippie phrases, underground marketing, and Where's George stamps... Irk me like nails on a chalkboard.

They must make a medication for this....
 
wordoflife said:
Pardon my ignorance, but how did it work in Australia?
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They were progressively withdrawn from circulation and melted down, with stores ultimately rounding their prices to the nearest five. From what I understand the coins are still technically considered legal currency.
 
APlotdevice said:
They were progressively withdrawn from circulation and melted down, with stores ultimately rounding their prices to the nearest five. From what I understand the coins are still technically considered legal currency.
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e-commerce could continue to use the cent, if it's all done electronically.

For cheques that are usually cashed, they could round up at 2.5¢ to the nearest nickle, otherwise down. I doubt the issuer would suffer much. ;)
 
APlotdevice said:
They were progressively withdrawn from circulation and melted down, with stores ultimately rounding their prices to the nearest five. From what I understand the coins are still technically considered legal currency.
Click to expand...

I visited Slovakia (Bratislava) in the fall of 2009 and they were (are still, I assume) transitioning to the Euro. They would list prices in each currency, but only give change in Euros. That's a much more complicated example compared to just swapping bills for coins though.
 
acidfast7 said:
I love the 1€/2€ coins compared to the dollars.
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Tomorrow said:
Maybe if the $2 bill went into higher circulation, they could make it work...but I'd still rather have paper money than coins.
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One thing I've never quite been able to figure out: what exactly is the point of a $2 bill/coin? At most it would save you 2 discrete units of currency at the cost of everyone having to carry an additional denomination.

We've had $2 bills forever (and you can always get more from your local bank or credit union if you so desire) but nobody wants to use them. When I worked in retail, we stuck them into a catch-all "don't know what to do with this" slot. If we did get rid of $1 bills and got more $2 bills, would this change? A part of me thinks people would just start charging everything below $5.
acidfast7 said:
Also, just get a wallet with coin pouch just like everyone else.

http://www.amazon.com/Black-Leather-Wallet-Bifold-Pouch/dp/B00337JXSM

The comment about 2€ coins adding up to a sizable sum is spot on. I can have 2 USD (8 quarters in my pocket) or 16€ (20USD in 8 2€ coins).
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Problem: that means I still have to carry around 8 coins in my pocket. I don't care how fancy the purse looks, at the end of the day I'm going to have clanging metal in my pocket to weigh down one side. No Thanks.
 
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CalBoy said:
Problem: that means I still have to carry around 8 coins in my pocket. I don't care how fancy the purse looks, at the end of the day I'm going to have clanging metal in my pocket to weigh down one side. No Thanks.
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We are there, with pennies added to the weight.

Retailers just love it when I decide to unburden myself, in favour of a more balanced approach to walking straight.

They need a counter, that you just toss coin into, and see what comes up. ;)
 
In NZ the smallest coin of the realm is 10c and it is a 3.3 gram plated steel. This followed by;
20 cent weighing 4 gram plated steel
50 cent weighing 5 gram plated steel
$1 weighing 8 gram of al/bronze
$2 weighing 10 gram of al/bronze.

As you can see if tendering payment in cash (coin) it's in multiples of 10c and our notes are $5.00 $10.00 $20.00 $50.00 and $100.00. The notes are made from a polymer plastic, they differ in an ascending size and the respective colours are, $5 Orange $10 Blue $20 Green $50 Purple and the $100 Red.

So Gentlemen, start your presses.

Also you will note that the ascending weights of the coins make for an easy balance method for dealers (of arcane substances)

KGB:confused:
 
Grey Beard said:
Also you will note that the ascending weights of the coins make for an easy balance method for dealers (of arcane substances)

KGB:confused:
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That 'function' would work, if only the weight was proportional to their value.

Then you could dump a whole whack of them on a digital kitchen scale, and tell exactly how much they are worth.

Thank me later.
 
iJohnHenry said:
Thank me later.
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I have a feeling 'later' will be a long time in coming. What I was implying was to utilise a counter balancing scale. You remember those don't you. Therefore $2+20c = 1/2 oz/14g and $2+$2+$1= 1 oz/ 28g.

Perhaps it's the method that is too arcane for Canadian Correspondents .

KGB:cool:
 
Grey Beard said:
I have a feeling 'later' will be a long time in coming. What I was implying was to utilise a counter balancing scale. You remember those don't you. Therefore $2+20c = 1/2 oz/14g and $2+$2+$1= 1 oz/ 28g.

Perhaps it's the method that is too arcane for Canadian Correspondents .

KGB:cool:
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Arcane you say?? Your method requires sorting first, mine does not. :p
 
I'm all for the change. Let's also switch to the metric system while we are at it. Also, would it be so hard for everyone to use the same voltage everywhere so I could plug in anything I want when i travel?
 
Mac'nCheese said:
I'm all for the change. Let's also switch to the metric system while we are at it. Also, would it be so hard for everyone to use the same voltage everywhere so I could plug in anything I want when i travel?
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Both of these are BIG ticket items, considering the infrastructure involved.

Not something to be accomplished over-night, more over-decade.
 
iJohnHenry said:
Both of these are BIG ticket items, considering the infrastructure involved.

Not something to be accomplished over-night, more over-decade.
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Voltage will never happen, posted tongue in cheek, but the metric system could happen. Might take a decade or two but it could if Americans cared to.
 
wordoflife said:
Pardon my ignorance, but how did it work in Australia?
Click to expand...

They just pulled the 1¢ and 2¢ coins out of circulation.

Prices got rounded up or down to the nearest 5¢ so $x.01 and $x.02 went down and $x.03 and $x.04 went up.

No big deal. Very easy.

It's two things I absolutely detest about shopping in the US:

1. The penny.
2. The advertised price not including tax.

Stop both of these things and it'll be much better.
 
APlotdevice said:
They were progressively withdrawn from circulation and melted down, with stores ultimately rounding their prices to the nearest five. From what I understand the coins are still technically considered legal currency.
Click to expand...

Chundles said:
They just pulled the 1¢ and 2¢ coins out of circulation.

Prices got rounded up or down to the nearest 5¢ so $x.01 and $x.02 went down and $x.03 and $x.04 went up.

No big deal. Very easy.

It's two things I absolutely detest about shopping in the US:

1. The penny.
2. The advertised price not including tax.

Stop both of these things and it'll be much better.
Click to expand...

Thank you guys

iJohnHenry said:
And add tenths of a cent on gas to the list too. Idiocy.
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True story!
haha you made me laugh

Well done
Mac'nCheese said:
Voltage will never happen, posted tongue in cheek, but the metric system could happen. Might take a decade or two but it could if Americans cared to.
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I really doubt it would ever change. While it has it's benefits (which I agree with), there really is no "reason" to change.
 
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