Monday, February 12, 2007

Will the $1 coin ever catch on?

Here is an article that says that Amerians are not really interested in the $1 coins: http://biz.yahoo.com/ap/070211/money_ap_poll.html?.v=7

I like them from a collectors point of view. I, however, wouldn't want the US government to get rid of the paper dollar. It is much easier to carry and handle 20 $1 bills rather than carry 20 $1 coins. We would all look like the teens of today with our pants hanging around our hips. They would have to rename the "plumber's crack" and make it the "money crack"!

The mint is going to start circulating a new $1 coin commemerating the US Presidents starting this Thursday. For more information, you can go to http://www.usmint.gov/mint_programs/$1coin/

I plan on collecting these coins for fun and not for use. Just like Susan B. Anthony and Sacagawea, these coins will probably only see the light of day as change from the stamp machine in the local Post Office.

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