Posted on 02/11/2007 3:01:28 AM PST by BenLurkin
WASHINGTON (AP) -- Two recent efforts to promote wide usage of a dollar coin proved unsuccessful. But maybe Susan B. Anthony and Sacagawea should not take public rejection personally. It's not easy overcoming people's indifference to dollar coins, even those honoring such historic figures.
An AP-Ipsos poll found that three-fourths of people surveyed oppose replacing the dollar bill, featuring George Washington, with a dollar coin. People are split evenly on the idea of having both a dollar bill and a dollar coin.
A new version of the coin, paying tribute to American presidents, goes into general circulation Thursday. Even though doing away with the bill could save hundreds of millions of dollars each year in printing costs, there is no plan to scrap the bill in favor of the more durable coin.
"I really don't see any use for it," Larry Ashbaugh, a retiree from Bristolville, Ohio, said of the dollar coin. "We tried it before. It didn't fly."
A quarter-century ago, the dollar coin showed feminist Susan B. Anthony on the front; then one in 2000 featuring Sacagawea, the Shoshone Indian who helped guide the Lewis and Clark expedition.
The latest dollar coin will bear Washington's image, followed later this year by those of John Adams, Thomas Jefferson and James Madison. A different president will appear on the golden dollar coins every three months.
People have strong feelings about their money, even the penny, which occasionally is threatened with elimination.
When people were asked whether the penny should be eliminated, 71 percent said no, according to the poll of 1,000 adults conducted Nov. 28-30 that had a margin of sampling error of plus or minus 3 percentage points.
Some fear that getting rid of the penny will cause product prices to be rounded up, perhaps increasing inflation.
Well, looks like I'll have to have another slot added to my computer ;-)
OK, the previous versions have been out long enough that the TCO model should show dollar coins are no bargain in the long run.
Great idea. Pics of Congressional "Medal of Honor" winners.
Of course, the pseudo-pacifist leftists would have a cow.
I hadn't noticed that but you're right! Instead of looking solumn or dignified, he looks like a man whose shoes are too tight. How about something like one of these instead?
"If I had 10 ones, it would mean I was setting at my favorite watering hole tipping the dancers"
Which would you prefer, putting a dollar bill in their g string, or a coin in the slot?
What I really didn't like was the susan b. anthony dollar coin,...honoring a feminist and socialist.
The new minimum wage will propel us rapidly in that direction.
I always referred to them as squawbucks
It's destined to fail.
Only a tiny % of money actually exists as currency. The rest is just leger entries transferred electronically. One caveat about proposals like raising the minimu wage or eliminating the penny is that they look fine if you think ecxpansion and prosperity extend indfinately into the future. However, in an economic downturn both would make our response inflexible. The chinese are not chasing this inflation model, but they are detrmined to kep prices down so their people don't have to climb so far on the income ladder. Keep your pennies.
Another waste of taxpayer money. How much are they gonna spend THIS time?
Standing Liberty Quarter
http://www.coincentric.com/StandingLibertyQuarter.htm
Legend has it that complaints arose concerning the partial nudity of Miss Liberty. It is rumored that Miss Liberty's exposed right breast was offensive to some and due to this the design was changed part way through 1917. Others believe that the motif was revised to show Miss Liberty nearly completely encased in a suit of armor or mail, probably in reference to preparedness for the World War then raging in Europe.
Exactly. Like tyring to get us to covert to the metric system.
Canada uses the one (loonie) and two (toonie) dollar coins. I thought they worked great. No more having paper dollars spit back out of a pop or car wash machine. If we make our machines accept them they'll go over.
Well,,, I think we need a new 9/10ths of a penny coin, so I can pay the correct amount for a gallon of gas!
That means we'll eventually see coins with Clinton on them.
I think in his shoes I might have scowled as well.
The government is so fricking stupid. Why don't they gradually take the stupid dollar bill out of circulation and people will use the dollar coins then. DUH
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