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  1. #1
    Piggybank Cop's Avatar
    Piggybank Cop is offline Nobody important.
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    Poll: Americans Want to Keep Dollar Bill

    By WILL LESTER, Associated Press Writer
    Sun Feb 11, 7:09 PM

    WASHINGTON - 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."

    Two recent efforts to promote wide usage of a dollar coin proved unsuccessful. A quarter-century ago, it 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.

    The series of coins will depict four different presidents per year, in the order they served.

    Congress voted to create the new dollar coin, betting that this series would be more popular than its recent predecessors.

    The Susan B. Anthony dollar put the image of the women's rights activist on a small silver coin that looked a lot like a quarter. The U.S Mint was left with millions of unused coins.

    As for the Sacagawea dollar, gold in color, millions of the coins also piled up in bank vaults for the same reason: lack of demand.

    People say they just prefer the traditional greenback.

    "The dollar bill is lighter, takes up less space in a clutch or a man's wallet and paper money counts easier and stacks up easier than metallic coins," said Nena Wise of York, Pa.

    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.

    In other poll findings:

    _53 percent said they carry their loose change collected during the day to use for future purchases.

    _42 percent put their loose change in a jar or piggy bank each day.

    _48 percent said they use cash for purchases under $10.

    _28 percent said they usually use cash in such cases, but sometimes use credit or debit cards, according to the poll with a margin of sampling error of plus or minus 3 percentage points.

    Rather than a high-profile ad campaign like the one used to introduce the Sacagawea dollar, the Mint is trying a more grass-roots approach. The agency is talking to the Federal Reserve, banks and vending machine operators to stir up interest in the new dollar coin.

    Supporters of the new presidential dollar coin point to the success of the 50-state quarter program. Begun in 1999, this program has introduced millions of people to coin collecting for the first time.

    For Richard Wander of Albany, N.Y, the dollar coin is a welcome addition because he is "kind of a collector."

    "I think it's good to have both," he said. "Instead of taking time to put four quarters in a parking meter, you could put in a dollar.

    "But I think dollar bills are part of the economic system," he said, "and they work fine."

    The presidential coins will be the 14th dollar coin series produced by the Mint going back to 1794. The Susan B. Anthony replaced the Eisenhower dollar in 1979.

    Before the Eisenhower dollar's introduction in 1971, there was a gap of 36 years when the Mint did not produce a dollar coin after the last Peace dollar was minted in 1935.

    The public can start getting the Washington dollars on Thursday from commercial banks that have placed orders with the Federal Reserve, which handles coin distribution for the Mint.

    U.S. Mint Director Edmund C. Moy said he was encouraged by the initial demand for the new coin. The Fed has ordered 300 million Washington dollars so far.



    On the Net:

    Ipsos: http://www.ap-ipsosresults.com

    U.S. Mint's dollar coin program: http://www.usmint.gov/mint_programs/$1coin



    So what do you think?

    We are the thin blue line
    between you
    and all the money in the world.

    And no you can't have any.

  2. #2
    Pedro56's Avatar
    Pedro56 is offline Englewood Ranger/Infidel Extraordinaire
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    I carry change as well, but I tell you what when I lived in Japan all that damn change for dollars was a pain in the ass. There was the

    500 Yen
    100 Yen
    50 Yen
    10 yen
    5 Yen
    1 yen

    it was a pain in the ass. I vote keep the greenback.
    http://www.lawenforcementforums.com/forums/signaturepics/sigpic763_2.gif

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  3. #3
    BEB
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    I like having both. The vast majority of the time I prefer paper $1s, but I find the dollar coins handy for the car. Easy to tuck bills away too so if it was either/or I'd go bills.

  4. #4
    E-man's Avatar
    E-man is offline No bird but dog and 3 cats
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    I hate the dollar coin. Keep the dirty cocaine residued bills. BUT please FOR THE LOVE OF PETE, Get rid of PENNIES....
    WASTE OF space....









    BTW- Who is Pete???
    A monday morning lunatic, disturbed from time to time. Temporary catatonic madman on occasion..

    Lightning crashes a new mother cries, her placenta falls to the floor. The angel opens her eyes,the confusion sets in before the doctor can even close the door..
    The views and comments of E-man are mine and mine alone and therefore might not reflect the views of others or people in my current department. As such since this is still America I can post what I want without fear of retribution. I think.

    RIP Eric

  5. #5
    Jackalope's Avatar
    Jackalope is offline Yell O
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    I hate pennies, too. And don't have much use for dollar coins.
    "I'm not a coward,
    I've just never been tested
    I'd like to think that if I was,
    I would pass"
    ~Mighty Mighty Bosstones~

  6. #6
    zap's Avatar
    zap
    zap is offline yeahrightsurewhatever
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    OH...you mean those dollar coins that don't work in the pepsi machine at 0dark30??
    Stupidity Recognition Technician

  7. #7
    Beans's Avatar
    Beans is offline Street Cop
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    I hardly ever pay cash for anything any more. I use debit for 95% of all my purchases.
    The opinions given in my posts DO NOT reflect the opinions, views, policies, and/or procedures of my employing agency. They are my personal opinions only, thereby releasing my agency of any liability, or involvement in anything posted under the username "Beans" on LEF.

  8. #8
    Piggybank Cop's Avatar
    Piggybank Cop is offline Nobody important.
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    Quote Originally Posted by Jackalope View Post
    I hate pennies, too. And don't have much use for dollar coins.
    Send them all to me, I'll take care of them for you.

    We are the thin blue line
    between you
    and all the money in the world.

    And no you can't have any.

  9. #9
    jmur5074's Avatar
    jmur5074 is offline Moderator
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    I don't even carry cash.

    Debit card all the way. I keep quarters in my pocket for the pop machine cuz yeah, our machine doesn't take those damn coins either.
    No one has greater love than this, to lay down ones life for ones friends - John 15:13

    "The Wicked Flee When No Man Pursueth: But The Righteous Are Bold As A Lion".

    We lucky few, we band of brothers. For he who today sheds his blood with me shall be my brother.

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    The opinions, beliefs, and ideas expressed in this post are mine, and mine alone. They are NOT the opinions, beliefs, ideas, or policies of my Agency, Police Chief, City Council, or any member of my department.

  10. #10
    Star Man's Avatar
    Star Man is offline Guns only have two enemies; rust and politicians
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    Paper money all the way................
    ...........................................

  11. #11
    Jackalope's Avatar
    Jackalope is offline Yell O
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    Quote Originally Posted by 1sgkelly View Post
    Send them all to me, I'll take care of them for you.

    I don't have any. But post your address in case I ever get any.

    By the way, when you post your address I'm going to show up looking for a place to stay next time I roll through where ever the hell you live.
    "I'm not a coward,
    I've just never been tested
    I'd like to think that if I was,
    I would pass"
    ~Mighty Mighty Bosstones~

 

 

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