http://loosesuits.com/notes/ LooseSuits Thread: How the New Dollar Coin COULD Work en Wed, 07 Jan 2009 11:39:13 +0000 http://loosesuits.com/business/notes/2019/p/1/#response-94458 Sun, 28 Oct 2007 08:25:08 eltiburon 94458 <p>Dollar coins make much more economical sense -they last longer. The mint makes a coin and it can last practically 50 years if not more. The mint prints a dollar bill and most dollar bills considering their change of hands won't last over a year. </p> <p>You are right about the coins weighing more but then, guys would have an excuse to finally buy these cool Benetton male-purses ;). </p> http://loosesuits.com/business/notes/2019/p/1/#response-21035 Sat, 17 Feb 2007 10:29:56 fray 21035 <p>I love using the dollar coins. I always use a $20 bill to buy stamps or pay a toll from the machines so I can get the change in dollar coins. I like seeing people's faces when I pay for things. They act like they are touching slimy worms or something sometimes. Other times they think I just gave them quarters and think I am going to give them more money.</p> <p>Also I pretend that I am carrying a pocket for of gold pieces and I'm really rich.<br /> :D </p> http://loosesuits.com/business/notes/2019/p/1/#response-21030 Sat, 17 Feb 2007 08:24:16 Ozone42 21030 <p>You guys still use cash? </p> http://loosesuits.com/business/notes/2019/p/1/#response-21027 Sat, 17 Feb 2007 08:03:19 parislemon 21027 <p>Did anyone else notice how scary the first 4 look on their coins? </p> http://loosesuits.com/business/notes/2019/p/1/#response-20798 Fri, 16 Feb 2007 19:29:06 Joe 20798 <p>A new $1 coin will be nice in that it is a novelty. In my house we'll probably treat it like the state quarters and try to collect them all.</p> <p>Am I the only one that has abandoned cash for using my credit card for everything? This earns me frequent flyer miles and keeps me from having to carry around a bunch of cash or coins. </p> http://loosesuits.com/business/notes/2019/p/1/#response-20772 Fri, 16 Feb 2007 18:22:13 Stuart 20772 <p>No purses or handbags here. I guess us Brits just have larger pockets... </p> http://loosesuits.com/business/notes/2019/p/1/#response-20733 Fri, 16 Feb 2007 17:21:33 Scrivs 20733 <p>*Note to self: Make sure to look up the British definition of a word before using it in a joke to prevent looking like an ass. </p> http://loosesuits.com/business/notes/2019/p/1/#response-20731 Fri, 16 Feb 2007 17:19:23 Cas 20731 <p>LOL Scrivs, that would probably be more insulting if a purse meant the same thing. Here, a purse is a wallet most often and it's really not that bad to have one.</p> <p>A handbag on the other hand... </p> http://loosesuits.com/business/notes/2019/p/1/#response-20725 Fri, 16 Feb 2007 17:14:52 Scrivs 20725 <p>But don't English guys carry purses to hold all those coins so you guys are used to it?</p> <p>*runs </p> http://loosesuits.com/business/notes/2019/p/1/#response-20720 Fri, 16 Feb 2007 17:10:20 Stuart 20720 <p>Odd to think that in the UK, our smallest note is £5 ($10) - and even those are getting rare compared to the £10 notes.</p> <p>The only advantage to small-denomination bills/notes I can think of is in strip clubs, where you can't tip in coins so easily... </p> http://loosesuits.com/business/notes/2019/p/1/#response-20715 Fri, 16 Feb 2007 17:02:02 Cas 20715 <p>As someone who's grown up with pound coins, not notes, the whole dollar bill thing confuses me. Whenever I'm in the States I always end up looking in my wallet and thinking I have more money than I actually do.</p> <p>I guess it depends what you're used to. </p> http://loosesuits.com/business/notes/2019/p/1/#response-20705 Fri, 16 Feb 2007 16:44:29 Scrivs 20705 <p>This seems more like a collector's item than a useful item. Who wants carry around coins when you can carry around a weightless bill? Now help the $2 bill make a return and I would be interested. </p> http://loosesuits.com/business/notes/2019/p/1/#response-20669 Fri, 16 Feb 2007 12:30:31 parislemon 20669 <p>So it seems the U.S. Mint is getting ready to release yet another dollar coin to the public. This one will eventually feature all of the Presidents (who are no longer living) released in sets of 4 every year, starting of course with George Washington and the three who followed him (Adams, Jefferson, and Madison).</p> <p>So why will this one succeed where all the other dollar coins have failed? Well it has a couple of things in its favor:</p> <p>First, they are the exact same size and weight (and made of the same material) as the Sacagawea dollar coin of a few years back. This means many machines accross the country will accept it already.</p> <p>Second, by taking a page from the successful series of State quarters and releasing the coins in sets of 4, each of which are different, they are creating a demand among collectors and an interest among the general public each time a new one comes out.</p> <p>...</p> <p><a href="http://www.parislemon.com/2007/02/why-new-dollar-coin-could-work.html">How the New Dollar Coin COULD Work</a> </p>