President Dollar Question
Cato
available (or is it already?).
Thanks!
Mr. Jaggers
Zachary Taylor. I just purchased one of each P & D at a show yesterday.
Next year: Fillmore, Pierce, Buchanan, Lincoln
James
Cato
"Mr. Jaggers" <lugburzman[at]yahoo[dot]com> wrote in message
news:hf1ev...@enews1.newsguy.com...
Thanks, I'll check with the local banks to see if they have them.
shreadvector
Yes, it was released already.
Complete info is on the web.
http://www.usmint.gov/mint_programs/$1coin/
http://www.usmint.gov/mint_programs/$1coin/?action=schedule
http://www.frbservices.org/operations/currency/new_coin.html
Cato
"shreadvector" <fred.e....@alum.mit.edu> wrote in message
news:56b99dd1-b67c-4296...@u18g2000pro.googlegroups.com...
http://www.usmint.gov/mint_programs/$1coin/
http://www.usmint.gov/mint_programs/$1coin/?action=schedule
http://www.frbservices.org/operations/currency/new_coin.html
--------------------------------------------------------------------------------
Thanks for the information.
I got a roll at my bank at lunchtime.
shreadvector
> "shreadvector" <fred.e.shec...@alum.mit.edu> wrote in message
>
> news:56b99dd1-b67c-4296...@u18g2000pro.googlegroups.com...
> On Nov 30, 1:40 pm, "Cato" <c...@cato.cato> wrote:
>
> > Which is the last President dollar to be released this year and when will it
> > be
> > available (or is it already?).
> > Thanks!
>
> Yes, it was released already.
>
> Complete info is on the web.
>
> http://www.usmint.gov/mint_programs/$1coin/
>
> http://www.usmint.gov/mint_programs/$1coin/?action=schedule
>
> http://www.frbservices.org/operations/currency/new_coin.html
>
> Thanks for the information.
> I got a roll at my bank at lunchtime.
"a" roll?
On the day of release, I got a dozen rolls at one bank and then a full
box of 40 rolls at another bank down the street from the first. Then I
got another full box at another bank a few miles away on my way home.
I spend them everywhere. They are "money". People dig them.
Cato
"a" roll?
--------------------------------------------------------------------------
I apologize for not living up to your lofty standards...
Petronius
>On the day of release, I got a dozen rolls at one bank and then a full box of
>40 rolls at another bank down the street from the first. Then I got another
>full box at another bank a few miles away on my way home. I spend them
>everywhere. They are "money". People dig them.
So you spent $2300 in dollar coins in about a week or so?
I find that claim to be extremely dubious.
oly
> "shreadvector" <fred.e.shec...@alum.mit.edu> wrote in message
I agree. I have found a few community banks that are "pushing" the
Prezibuck coins, but I don't think most people are aware of their
existence and I never see them in secondary circulation.
If you were spending 80 to 100 rolls of Prezibucks per week, you'd
have to spend a whole lot of time just convincing people that they
were real (not to mention that very few individuals spend that much
physical money, paper or coin, in retail establishments in such a
short time).
oly
Bruce Remick
"oly" <oly...@aol.com> wrote in message
news:57524378-bf5a-4d31...@m26g2000yqb.googlegroups.com...
______________
I would feel uneasy handing over more than one or two dollar coins to a
clerk unless I knew in advance that they would be eagerly received to be
turned around as change. But then I could go the rest of my life trying to
spend $2300 that way, considering how few of my purchases nowadays seem to
require cash to begin with.
oly
> "oly" <oly2...@aol.com> wrote in message
Beer, wine and most grocery purchases can be/ should be taken care of
with paper money; most eating out at restaurants is paper money too;
gasoline is usually debit card (it makes life easier for both me and
the attendants/cashiers); pharmacy is always debit card (damn co-pays
keep getting higher and higher); clothes are debit or credit and dry-
cleaning can go cash or debit. Allowance to daughter is paper money;
money to wife for daughter is checks, and also checks or drafts for
daughter's tuition $$$. If I stay in a motel or hotel while traveling
on the job, that is debit or credit card. I pay bills on-line or with
checks. None of my income is cash, or at least 98% of it isn't.
Gee, if I go to the coin laundry, I have to use coins. Quarter
dollars.
I'm in the prime of my life, O.K. income, and I estimate that some
weeks I might use ten to fifteen twenty-dollar bills and the change
from that. Often less.
The only time I ever have an unusual large amount of cash is vacation-
time or coin show time.
So an individual spending $2300 a week in physical Prezibucks sounds
like vast bull-phoney to me.
Do you constantly lean to one-side when you walk with pockets stuffed
full of the things???
oly
Petronius
> So an individual spending $2300 a week in physical Prezibucks sounds like vast
> bull-phoney to me.
Of course it's a load of road apples.
I don't know who that poster was trying to impress but he made himself look like
a damn fool.
Bruce Remick
________________
I do buy a case of beer every couple weeks and use a $20 bill. I
typically get a five and a one in change plus a few coins. Groceries get
paid with a credit card for that 2% rebate. Restaurants usually
warrant a credit card, too. If I do ever did pay cash, dollar coins
wouldn't be a part of it. Gasoline is always a credit card (5% rebate
there). Pharmacy, my wife does that and usually writes a check. Being
retired, I seldom buy clothes and maybe use a dry cleaner maybe once
every two years for my "funeral suit". Little other use for cash, although
I do always carry some bills in my wallet.
________________
Gee, if I go to the coin laundry, I have to use coins. Quarter
dollars.
_______________
I'm lucky there. I haven't had to use a coin laundry since Army life
during the Kennedy years. As for a car wash, I have always done it myself
at home. Owning convertibles for the past 20 years keeps me away from the
car wash anyway. I haven't had the occasion to use a vending machine
in the past few years.
_______________
I'm in the prime of my life, O.K. income, and I estimate that some
weeks I might use ten to fifteen twenty-dollar bills and the change
from that. Often less.
The only time I ever have an unusual large amount of cash is vacation-
time or coin show time.
So an individual spending $2300 a week in physical Prezibucks sounds
like vast bull-phoney to me.
Do you constantly lean to one-side when you walk with pockets stuffed
full of the things???
__________________
I never leave home with coins in my pocket. If I had to get rid of $2300
worth of dollar coins, I would simply take them to the bank rather than
stuff a load of them in my pocket and look for things to buy with them.
Paper money and plastic work just perfectly.
shreadvector
I have been getting 2 boxes of dollar coins and 2 bundles of Twos
every week for over 10 years - and before that I got around a box of
dollar coins (then SBAs) and a bundle of Twos every week.
I spend them for everything I buy and I also exchange them with folks
I work with who use the dollar coins in the vending machines at work
and as normal spending money elsewhere.
Obviously the mistake some readers are making is assuming that my
total purchases are $6K per week. Nope. If I buy a burger for 99 cnets
and with tax that comes to $1.08, I hand them a rolls of dollar coins
and get my change. They say "cool", open the roll, count it and put it
in the register for use as change later. I repeat that with other
assorted purchases and end up with a bunch of twenties and other small
bills that get returned to the bank when I get my next week's supply.
I also pay for my utility bills with cash at a check cashing place
(zero fees, instant credit to my account and a receipt). They *love*
the dollar coins because they have a lot of customers who ask for them
and they never order them. And then there is my favorite cashier at
Costco who always buys 8 extra rolls of dollar coins from me for a
couple of Franklins. He says his customers like them and are
disappointed if he runs out (which he does within a day).
I've been posting about using dollar coins for many, many years. I'm
surprised at the lack of memory, perhaps a result of the fact that
USENET is nearly dead and most of the old time posters have moved to
web based forums.
oly
[Lightbulb goes on!!!]
Ah, now I see. You hand over an intact roll of golden(ine) dollars,
the manager throws the intact roll in the back of the drawer, and
later redeposits the whole roll back at the bank.
Thus, the bank has "more" golden dollars next time the local goofy
shows up.
You're a rat on a treadmill, or perhaps a squirrel on a treadmill.
oly
shreadvector
>
> - Show quoted text -
Dear reading impaired:
What part of "They say "cool", open the roll, count it and put it
in the register for use as change later." do you read as throwing an
intact roll into the back of a drawer?
And a cashier is rarely a "manager".
And, FYI - I keep getting full sealed boxes of uncirculated dollar
coins from my regular bank, so they are not magically getting re-
rolled and sent back to the back.
of course, some percentage of spent money eventually circulates it's
way back to a bank.
Enjoy your ultra-modern looking and super high value $1 FRNs as long
as you wish. If they stop printing them, you can easily order $1 pre-
printed checks and use them for purchases.
oly
>
> - Show quoted text -
If your goal in life is help the gubmint circulate goldine dollars,
your life is silly beyond words. People must cringe (and their
sphincters probably involuntarily tighten up too) when they see you
come into their banks and businesses.
The government and the people prefer paper dollar notes for the
limited purchases where cash is useful. This is one area (one of the
few) where the bureaucrats actually concede to the public's wishes.
OTOH, go over to England and see what it takes to circulate high value
coins. It's easy to get them to circulate widely, you only have to do
one thing (however, despite the availability of high face value coins,
I think the English use debt cards far more often that Americans do).
oly
Michael G. Koerner
> Beer, wine and most grocery purchases can be/ should be taken care of
> with paper money; most eating out at restaurants is paper money too;
> gasoline is usually debit card (it makes life easier for both me and
> the attendants/cashiers); pharmacy is always debit card (damn co-pays
> keep getting higher and higher); clothes are debit or credit and dry-
> cleaning can go cash or debit. Allowance to daughter is paper money;
> money to wife for daughter is checks, and also checks or drafts for
> daughter's tuition $$$. If I stay in a motel or hotel while traveling
> on the job, that is debit or credit card. I pay bills on-line or with
> checks. None of my income is cash, or at least 98% of it isn't.
[major snippage]
Be glad that you were not around here in the USofA 60 or 70 years ago - as
nearly *ALL* of the 'everyday' type of small-time commerce was done using
coins *ONLY*. Remember that except for today's 'small' $1 coins, the USA used
the same slate of coins 70 years ago as today. But back then a good lunch
might have been 10 or 15¢, a good beer at a bar 5¢, a newspaper 2 or 3¢, bus
or tram fare 5¢, etc. Half Dollars were more common in circulation than
quarters. And to have a $1 note or two in the wallet was to be carrying
'real' money.
To have the same balance of coin vs banknote use today, the USA would need
coins up to $20 and banknotes from $50 on up.
--
___________________________________________ ____ _______________
Regards, | |\ ____
| | | | |\
Michael G. Koerner May they | | | | | | rise again!
Appleton, Wisconsin USA | | | | | |
___________________________________________ | | | | | | _______________
Mr. Jaggers
First, I would like to see evidence that both the government (complete with
identification of the government agencies and personnel referenced) and the
people (complete with a definition of "people" in terms of the percentage
and demographics of the population referenced) actually prefer paper dollar
notes over metallic coins. Second, I'd like to see evidence that the
absence of dollar coins in wide circulation represents concession to the
public's wishes, and on whose part it represents such concession.
James the Sphincterman
Bruce Remick
"Michael G. Koerner" <mgk...@dataex.com> wrote in message
news:GLSdnXhlu4-VCovW...@ntd.net...
Bruce Remick wrote:
> Beer, wine and most grocery purchases can be/ should be taken care of
> with paper money; most eating out at restaurants is paper money too;
> gasoline is usually debit card (it makes life easier for both me and
> the attendants/cashiers); pharmacy is always debit card (damn co-pays
> keep getting higher and higher); clothes are debit or credit and dry-
> cleaning can go cash or debit. Allowance to daughter is paper money;
> money to wife for daughter is checks, and also checks or drafts for
> daughter's tuition $$$. If I stay in a motel or hotel while traveling
> on the job, that is debit or credit card. I pay bills on-line or with
> checks. None of my income is cash, or at least 98% of it isn't.
[major snippage]
Be glad that you were not around here in the USofA 60 or 70 years ago - as
nearly *ALL* of the 'everyday' type of small-time commerce was done using
coins *ONLY*. Remember that except for today's 'small' $1 coins, the USA
used
the same slate of coins 70 years ago as today. But back then a good lunch
might have been 10 or 15�, a good beer at a bar 5�, a newspaper 2 or 3�,
bus
or tram fare 5�, etc. Half Dollars were more common in circulation than
quarters. And to have a $1 note or two in the wallet was to be carrying
'real' money.
___________________
I WAS around 60 or 70 years ago. Your point in response to my post
is.....? Sure, back in the '40's all our coins were useful two ways. Most
everyone realizes that whether they were alive or not. Today it's mostly
one way-- merchants need them to provide exact change to customers. And I
don't recall half dollars ever being more common in circulation than
quarters. Where'd you get that?
__________________
To have the same balance of coin vs banknote use today, the USA would need
coins up to $20 and banknotes from $50 on up.
___________________
So are you saying we need to restore that balance? Or what?
Petronius
>I've been posting about using dollar coins for many, many years.
Repeating a lie ad nauseum doesn't not make it true.
>I'm surprised at the lack of memory, perhaps a result of the fact that USENET
>is nearly dead and most of the old time posters have moved to web based forums.
I don't know what kind of thrill you get out of bragging that you spend 1000s of
dollar coins PER WEEK but personally, I think you're full of baloney.
shreadvector
> "shreadvector" <fred.e.shec...@alum.mit.edu> wrote in message
Obviously you are also reading impaired.
I have been getting 2 boxes of dollar coins and 2 bundles of Twos
every week for over 10 years - and before that I got around a box of
dollar coins (then SBAs) and a bundle of Twos every week.
I spend them for everything I buy and I also exchange them with folks
I work with who use the dollar coins in the vending machines at work
and as normal spending money elsewhere.
Obviously the mistake some readers are making is assuming that my
total purchases are $6K per week. Nope. If I buy a burger for 99
cnets
and with tax that comes to $1.08, I hand them a rolls of dollar coins
and get my change. They say "cool", open the roll, count it and put
it
in the register for use as change later. I repeat that with other
assorted purchases and end up with a bunch of twenties and other
small
bills that get returned to the bank when I get my next week's supply.
I also pay for my utility bills with cash at a check cashing place
(zero fees, instant credit to my account and a receipt). They *love*
the dollar coins because they have a lot of customers who ask for
them
and they never order them. And then there is my favorite cashier at
Costco who always buys 8 extra rolls of dollar coins from me for a
couple of Franklins. He says his customers like them and are
disappointed if he runs out (which he does within a day).
I've been posting about using dollar coins for many, many years. I'm
surprised at the lack of memory, perhaps a result of the fact that
USENET is nearly dead and most of the old time posters have moved to
web based forums.
I don't know what kind of thrill you get out of calling other people
liars, but personally, I think you're full of balogna.
I continue to be amused by the simple minded and poorly thought out
posts on this coin collecting news group by people who appear to hate
coins. It wouold appear that they wish that all coins would cease
circulation and perhaps only be "collected". Brilliant.
Petronius
-----------------------------------------
My reading comprehension is just fine, thank you.
My bullshit detector is working just fine also.
For some reason (most likely feelings of inferiority) you seem compelled to brag
about spending several thousand dollars a week (spending over $100K/yr in dollar
coins and deuces is simply a ludicrous assertion.)
I'm skeptical of your alleged methodology of so doing (passing rolls of dollars
in payment - puh-lease!)
I get no particular thrill from denouncing you as a liar, it's just something
that needs to be said, just to prove the Usenet reading public is not as "simple
minded" as you allege.
Paul Anderson
"Bruce Remick" <rem...@cox.net> wrote:
> I WAS around 60 or 70 years ago. Your point in response to my post
> is.....? Sure, back in the '40's all our coins were useful two
> ways. Most everyone realizes that whether they were alive or not.
> Today it's mostly one way-- merchants need them to provide exact
> change to customers.
But why? Why have we changed from spending coins to just receiving
them in change?
It's because we haven't adjusted our coin denominations with inflation.
Therefore, coins are worth less and less and are viewed more and more
as a nuisance.
>> To have the same balance of coin vs banknote use today, the USA
>> would need coins up to $20 and banknotes from $50 on up.
>
> So are you saying we need to restore that balance? Or what?
Eliminating costly low-denomination coins and bills, just like in the
rest of the world, would be a great start.
Bruce, we've been around and around on this subject for years, haven't
we?
And even though Fred Shecter has often posted about how he uses all
those dollar coins, people still think he's crazy. Well, he's
not--he's both having fun and trying to get these great coins in
circulation.
Personally, I put about $150 in dollar coins in circulation every week.
I get both the latest box of uncirculated Presidential dollars and
some circulated ones from my local banks, and sometimes mix in Native
American dollars from the US Mint's Direct Ship program. I just spend
them in every purchase, but no more than seven or eight in any one
purchase. Most people like them, some don't care, some have never seen
them, some are bothered by them.
Paul
oly
>
> - Show quoted text -
A committee of Congress the Sphincterpersons has expressely told the
FRB and the BEP on at least one occasion NOT TO MESS with the one
dollar bills.
That strikes me as clarity of preference by Washington D.C.
standards.
oly
oly
I don't hate coins. I hate bullshitters, especially people who
bullshit about their coins, how many of them they have, and how great
their coins are compared to those belonging to everybody else. You
hit one or more of those categories, and your statements are not
credible.
oly
shreadvector
Once again you prove that you cannot read (or comprehend what you
read).
When I pay for an tranaction and the total is $1.09 and I hand them a
$25 roll (that they open and couont), and they hand me a twenty dollar
bill, 3 rag dollars and 91 cents change, how much money have I
"spent"? I "spent" $1.09 and I "used" 25 dollar coins.
And when the cashier or people at work exhange their $20s, $100s or
checks for rolls of dollar coins, those are gone as well.
That is how I "go through", not "spend" 2000 dollar coins a week for
years and years.
You obviously simply want to argue or fight and that is why you accuse
me of lying and you falsely claim that I "spend" 2000 dollar coins a
week.
You are making yourself look stupid. I have no doubt that you will
continue.
Bruce Remick
"Paul Anderson" <paulra...@charter.net> wrote in message
news:paulranderson-50A...@news.charter.net...
> In article <jrxRm.82800$Wf2....@newsfe23.iad>,
> "Bruce Remick" <rem...@cox.net> wrote:
>
>> I WAS around 60 or 70 years ago. Your point in response to my post
>> is.....? Sure, back in the '40's all our coins were useful two
>> ways. Most everyone realizes that whether they were alive or not.
>> Today it's mostly one way-- merchants need them to provide exact
>> change to customers.
>
> But why? Why have we changed from spending coins to just receiving
> them in change?
>
> It's because we haven't adjusted our coin denominations with inflation.
> Therefore, coins are worth less and less and are viewed more and more
> as a nuisance.
Looks to me like you just answered you own question.
>
>>> To have the same balance of coin vs banknote use today, the USA
>>> would need coins up to $20 and banknotes from $50 on up.
>>
>> So are you saying we need to restore that balance? Or what?
>
> Eliminating costly low-denomination coins and bills, just like in the
> rest of the world, would be a great start.
People who use credit and debit cards for most purchases are doing that very
thing.
>
> Bruce, we've been around and around on this subject for years, haven't
> we?
You're right there. I guess it keeps the discussion going, even tho
nobody's mind is likely to change.
>
> And even though Fred Shecter has often posted about how he uses all
> those dollar coins, people still think he's crazy. Well, he's
> not--he's both having fun and trying to get these great coins in
> circulation.
I don't think he's crazy. Eccentric, maybe. If he does it for fun, that's
what life's about. If he does it just to get those great coins in
circulation, well, IMO it's a windmill deal.
>
> Personally, I put about $150 in dollar coins in circulation every week.
> I get both the latest box of uncirculated Presidential dollars and
> some circulated ones from my local banks, and sometimes mix in Native
> American dollars from the US Mint's Direct Ship program. I just spend
> them in every purchase, but no more than seven or eight in any one
> purchase. Most people like them, some don't care, some have never seen
> them, some are bothered by them.
If you do this mostly for the reaction you see, that would make more sense
to me than if you truly expect to be any more than a small flashlight bulb
in the darkness, as far as helping these things circulate. I don't spend
dollar bills just to help them circulate. They do that all by themselves
over and over until they wear out. I suspect that most of the dollar coins
you, Fred, and others go out of your way to distribute will not circulate in
the same sense. They'll likely be removed from circulation (i.e. deposited
in the bank or stored in a desk) either by the person you spend them with,
or by the next person to receive them. I have yet to encounter firsthand
anyone who was adverse to use or accept a dollar bill.
Petronius
>You obviously simply want to argue or fight and that is why you accuse
me of lying and you falsely claim that I "spend" 2000 dollar coins a
week.
You are the one who claims to spend $2000 in dollar coins a week.
Don't you even read what you write?
>You are making yourself look stupid. I have no doubt that you will continue.
You have made yourself look like a damn fool and a liar.
I have no doubt you will continue to accuse others of not understanding you and
continue to try to weasel your way out of your absurd claim of spending over
$100,000 in dollar coins a year.
shreadvector
> "shreadvector" <fred.e.shec...@alum.mit.edu> wrote in message
Once again you prove that you cannot read (or comprehend what you
read).
When I pay for an tranaction and the total is $1.09 and I hand them a
$25 roll (that they open and couont), and they hand me a twenty
dollar
bill, 3 rag dollars and 91 cents change, how much money have I
"spent"? I "spent" $1.09 and I "used" 25 dollar coins.
And when the cashier or people at work exhange their $20s, $100s or
checks for rolls of dollar coins, those are gone as well.
That is how I "go through", not "spend" 2000 dollar coins a week for
years and years.
You obviously simply want to argue or fight and that is why you
accuse
me of lying and you falsely claim that I "spend" 2000 dollar coins a
week.
Petronius
==================================================
You claim you get 2 boxes ($2000) of dollar coins every week.
Now you try to weasel your way out of your claims by saying you don't "spend"
them, you "go through" them.
Either way, I think you are completely full of shit.
Your claim that a merchant takes for $25 roll of coins, opens and counts them,
then hands you back paper money instead of taking two and handing the rest back
(and suggesting that you stick your dollar coins up your ass) strains all
credulity.
No sir, that simply will not do. You'll flail away some more, demanding to know
what "is" is and claiming you didn't inhale but I won't hear you, since you are
about to enter the living hell which is my kill-file. PLONK!
Mr. Jaggers
I shoulda seen that coming.
James (Ducking)
George D
baiting you is one reason that RCC and other usenet groups have become
mostly useless.
You will not convince him or at least he won't admit that he is mistaken
in his original assessment of your actions regarding $2.00 bills and
dollar coins.
Plonk him and go on with life....
George
--
Government is a voracious monster that must have your labor to control
YOU! Your money is your liberty. The taxes you pay gently enslave you,
and eventually destroy any human liberty you have. Fear government, pray
for the country.
"Roßert G. Schaffrath"
> Which is the last President dollar to be released this year and when will it be
> available (or is it already?).
> Thanks!
>
>
Luckily one of my local banks usually has them available the day of
release. Unfortunately, they are not often aware of the release date
despite my bringing in a printout of the official FRS notification.
They have to spend a few minutes searching their own database to confirm
they can indeed release them.
Odd thing is I never really intended to get involved in this program but
I wound up saving one roll of each president and get about $15 loose in
addition to fill in albums and put into circulate. I guess at some
point I will have over $1000 in presidential dollars hanging around.
Something for my now 3 1/2 year old Niece to play with some day.