Advertise on Bikeforums.net



User Tag List

Page 1 of 2 12 LastLast
Results 1 to 25 of 35
  1. #1
    la vache fantôme phantomcow2's Avatar
    Join Date
    Aug 2004
    Location
    NH
    Posts
    6,266
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)

    The new dollar coin

    Yes, they are trying it again. I don't know if you've heard, but there will be new dollar coins released. Similar to how we have quarters with states on it, there will be quarters for presidents. What are your thoughts on this?
    I've not seen a sacagawea coin in a long time. Once I tried paying with one and the cashier did not accept it because she did not know what it was. I kind of hope this new coin works out
    C://dos
    C://dos.run
    run.dos.run

  2. #2
    Senior Member
    Join Date
    Aug 2006
    Posts
    998
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    I would like to see a dollar, and 5 dollar coin, BUT:

    I want a distinct weight and size that vending machines can use, so it doesn't get confused with a quarter.

  3. #3
    Free Velo Vol! Velo Vol's Avatar
    Join Date
    Feb 2005
    Location
    Knoxville, TN
    My Bikes
    Velo Volmobile
    Posts
    18,880
    Mentioned
    83 Post(s)
    Tagged
    3 Thread(s)
    It's time dollar coins go mainstream.

    In a related vein, how long will we continue to use pennies?

  4. #4
    I scream for ice cream. SkyeC's Avatar
    Join Date
    Jul 2006
    Location
    Broakland, CA
    Posts
    518
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    a penny saved is a penny earned?

  5. #5
    NorCal Climbing Freak
    Join Date
    Feb 2006
    Posts
    872
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by Velo Vol
    It's time dollar coins go mainstream.

    In a related vein, how long will we continue to use pennies?
    Funny thing is each penny costs more than a cent to produce. It'll be around as long as the Zinc/Lincoln Industrial Complex exists.

  6. #6
    Senior Member
    Join Date
    Jan 2007
    Posts
    118
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Okay, here's an idea you'll really hate. But think really hard about it before you trash it.

    I thought this up when I was about 9 years old. Our social studies teacher challenged us to come up an idea that would make life easier for blind people.

    I came up with the idea of coins to replace paper money, because you can't tell a one from a five by feel.

    I suggested very small coins, the size of a dime or a penny - but made of either plastic or some metal lighter than existing coins. I thought there should be $1, $2, $5, and $10 coins, all the same size.

    To be able to tell different valued coins apart, each denomination would have a distinct pattern of holes punched in them - the LARGER the value, the FEWER holes.

    The advantages would be you could carry a lot of money in coins without being weighed down, and you easily tell their values by feel.

    Every time I see a new design for a dollar coin, I remember the paper I wrote and wish I had kept it!

  7. #7
    Hazardous Taerom's Avatar
    Join Date
    Jun 2005
    Location
    Quarantine
    My Bikes
    2005 Trek Liquid 55, 2009 Haro Mary SS
    Posts
    727
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    I think dollar coins are a good idea, but I don't think they'll catch on too fast. I think 50 cent pieces also need to be used more. I used to go to my bank and get some 50 cent pieces and buy stuff with them, just to be different.

    I had one of the sacagawea coins once, but I tried to scrape all the gold coating off of it.

  8. #8
    Upgrading my engine DXchulo's Avatar
    Join Date
    Aug 2004
    Location
    Reno
    Posts
    5,600
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by Velo Vol
    It's time dollar coins go mainstream.

    In a related vein, how long will we continue to use pennies?

    People have strong feelings about their money, even the penny.

    A congressional effort to reduce the need for the cent piece failed even though it costs more to produce the copper-colored coin than the coin is worth.

    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. Some fear that getting rid of the penny will cause product prices to be rounded up, perhaps increasing inflation.
    From here.
    centuryperweek.blogspot.com

  9. #9
    Free Velo Vol! Velo Vol's Avatar
    Join Date
    Feb 2005
    Location
    Knoxville, TN
    My Bikes
    Velo Volmobile
    Posts
    18,880
    Mentioned
    83 Post(s)
    Tagged
    3 Thread(s)
    At some point the public is going to recognize that the hassle isn't worth a few cents.

    Why are people paying to use ATM machines?

  10. #10
    Senior Member
    Join Date
    Sep 2005
    Location
    S. Riding, Va.
    My Bikes
    2 Road, 1 SS/FG
    Posts
    88
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    I always have trouble with coins falling out of my pockets. I wouldn't have any money if it was all coins.

  11. #11
    Hazardous Taerom's Avatar
    Join Date
    Jun 2005
    Location
    Quarantine
    My Bikes
    2005 Trek Liquid 55, 2009 Haro Mary SS
    Posts
    727
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    ^ Could start up a whole new profession: checking couches and seats for loose change!

  12. #12
    Crawlin' up, flyin' down bikingshearer's Avatar
    Join Date
    Jan 2006
    Location
    Democratic Peoples' Republic of Berkeley
    My Bikes
    1967 Paramount, 1982-ish Ron Cooper,1986 De Rosa Professional, 1978 Eisentraut "A," 1961 BianchiCompetizione, 1994 Trek 520, 199? Burley Bossa Nova
    Posts
    3,018
    Mentioned
    1 Post(s)
    Tagged
    0 Thread(s)
    I will believe that the govenment is serious about getting us to use $1 coins when they stop printing $1 bills. If that was done, we'd all be using the coins within a matter of months because paper bills, on average, do not last very long.

    It's kind of like our namby-pamby efforts to convert to the metric system. The secret: no "break in" period. Simply start putting up the highway signs, etc., as fast as the budget allows. Guess what? People will complain, and they will adapt.
    "I'm in shape -- round is a shape." Andy Rooney

  13. #13
    Senior Member filtersweep's Avatar
    Join Date
    Mar 2004
    Posts
    2,615
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    I don't understand American money.... all the currency is the same size and color, regardless of denomination, and $1 and $2 denominations are almost worthless. American loves their small bills.

  14. #14
    Banned.
    Join Date
    Jun 2006
    Location
    I've had enough.
    Posts
    898
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by filtersweep
    I don't understand American money.... all the currency is the same size and color, regardless of denomination, and $1 and $2 denominations are almost worthless. American loves their small bills.
    that's because we are a bunch of broke asses

  15. #15
    la vache fantôme phantomcow2's Avatar
    Join Date
    Aug 2004
    Location
    NH
    Posts
    6,266
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by filtersweep
    I don't understand American money.... all the currency is the same size and color, regardless of denomination, and $1 and $2 denominations are almost worthless. American loves their small bills.
    Vending machines
    C://dos
    C://dos.run
    run.dos.run

  16. #16
    Life is good RonH's Avatar
    Join Date
    Jan 2001
    Location
    Between Lecanto and Hernando Florida, 6 miles west of the Withlacoochee Trail
    My Bikes
    I've had several since 1999 but have settled on my beloved 2001 Litespeed Tuscany and my latest, a 2013 Cannondale CAAD 10.
    Posts
    13,506
    Mentioned
    3 Post(s)
    Tagged
    0 Thread(s)
    How do vending machines that accept paper money in Europe work? Euros are sized differently by denomination. Different colors too.


    Anyway, I kind of like the idea of dollars made of ??metal??. They'll last MUCH longer.

    I too have a problem with coins falling out of my pockets, especially when driving. I'll be driving down the road and hear a clink-clink sound as the coins hit the floor. Sometimes I forget to check under and behind the seat when I get out of the car. Does this mean I should give up driving?
    My bikes --> 2001 Litespeed Tuscany---2013 Cannondale CAAD 10 2 (5) "Racing Edition"

    Life is like a 10-speed bicycle. Most of us have gears we never use. ~ Charles Schultz

  17. #17
    Non Tribuo Anus Rodentum and off to the next adventure (RIP) Stacey's Avatar
    Join Date
    Dec 2002
    Posts
    9,163
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    No, just PayPal me your coins before you get in the car.

  18. #18
    Tail End Charlie Ritehsedad's Avatar
    Join Date
    Sep 2005
    Location
    Maine, The Way Life Should Be
    My Bikes
    Fuji Nevada MTB, Giant OCR1
    Posts
    545
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    I think the only way the dollar coin will work is if they actually stop printing dollar bills.
    Why isn't 11 pronounced onety one?

  19. #19
    Member
    Join Date
    Mar 2004
    Posts
    27
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)

    Coin

    I keep a Sagagewa (sp?) coin in my seat bag on my bike rides. One, I'm never completely out of money and then you've got that whole Lewis and Clark exploring thing...

  20. #20
    I-M-D bell curve of bikn'
    Join Date
    Dec 2005
    Location
    NC mountains
    My Bikes
    06' Jamis Eclipse in the making.
    Posts
    2,929
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Only if the make it a bigger coin like the old 50 cent pieces from years ago to distinguish if from a quarter like those old Susan B Anthony dollars people confused with quarters and gave out!
    Ego Campana Inflectum of Circuitous

  21. #21
    Ride bike or bike ride? Hopper's Avatar
    Join Date
    Oct 2003
    Location
    Adelaide, Australia
    My Bikes
    MongoosePro DH, Dart custom road bike, .243 Racing FR street bike
    Posts
    1,447
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    How does the American money system work> IS it 1c 5c 10c 25c 50c all in coing then $1 $5 $10 &50 $100 in notes?

    What we have in Aus, which works well, is 5c 10c 20c 50c $1 $2 in coins and then $5 $10 $20 $50 $100 in coins. The differenr coins are all different size (with $1 and $2 being gold coloured) and thwe notes being different size (the smaller the value the smaller the coin)
    --------------------------------------------------------o__ ----
    ------------------------_-------_---|-\---------_---- _.>/ _ --------------
    _______________________| - \________(_)_\(_)_______\|/_______\|/______...

    Quote Originally Posted by Hilltop Hoods
    Aint it amazing how courageous human beings are?

  22. #22
    tired donnamb's Avatar
    Join Date
    Apr 2006
    Location
    Portland, OR
    My Bikes
    Breezer Uptown 8, U frame
    Posts
    5,660
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    It's 1c, 5c, 10c, 25c, 50c, and $1 in coins with $1, $2, $5, $10, $20, $50, and $100 in notes.
    50c, $1 coins, and $2 notes are uncommon.

    Is it more expensive to have coin or note dollars with the value of metal being what it is these days?

  23. #23
    Free Velo Vol! Velo Vol's Avatar
    Join Date
    Feb 2005
    Location
    Knoxville, TN
    My Bikes
    Velo Volmobile
    Posts
    18,880
    Mentioned
    83 Post(s)
    Tagged
    3 Thread(s)
    It's more expensive to print dollars, because their lifespan isn't very long. They have to print a bunch of notes to last as long as a coin lasts.

  24. #24
    Wood Licker Maelstrom's Avatar
    Join Date
    Apr 2002
    Location
    Whistler,BC
    My Bikes
    Transition Dirtbag, Kona Roast 2002 and specialized BMX
    Posts
    16,888
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    I like coins (being in canada)..I can put them in a crown royal bag and feel like I am living in the world of the dark ages. Pull out my sword and wap...yehaw.

  25. #25
    The Site Administrator: Currently at home recovering from a couple of strokes,please contact my assistnt admins for forum issues Tom Stormcrowe's Avatar
    Join Date
    Mar 2006
    Location
    South Florida
    My Bikes
    Techna Wheelchair and a Sun EZ 3 Recumbent Trike
    Posts
    16,005
    Mentioned
    10 Post(s)
    Tagged
    4 Thread(s)
    Quote Originally Posted by Maelstrom
    I like coins (being in canada)..I can put them in a crown royal bag and feel like I am living in the world of the dark ages. Pull out my sword and wap...yehaw.
    Agreed! I have quite a collection of Loonies and Toonies!
    on light duty due to illness; please contact my assistants for forum issues. They are Siu Blue Wind, or CbadRider or the other 3 star folk. I am currently at home recovering from a couple of strokes. I am making good progress, happily.


    . “He who fights with monsters might take care lest he thereby become a monster. And if you gaze for long into an abyss, the abyss gazes also into you.”- Fredrick Nietzsche

    "We can judge the heart of a man by his treatment of animals." - Immanuel Kant

Page 1 of 2 12 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •