LOL @ U.S. Mint

[Mahkato]

[url]http://catalog.usmint.gov/webapp/wcs/stores/servlet/CategoryDisplay?langId=-1&storeId=10001&catalogId=10001&identifier=8100[/URL]

Buy $250 worth of $1 coins for $250, shipped free. You get 1% cashback or frequent flyer miles on your credit card, your fellow taxpayers cover the coinage expense, credit card merchant fees, and shipping costs. And EVERYONE gets a bunch of $1 coins that they don't want.

The intended purpose of the Circulating $1 Coin Direct Ship Program is to make $1 Coins readily available to the public, at no additional cost, so they can be easily introduced into circulation—particularly by using them for retail transactions, vending, and mass transit. Increased circulation of $1 Coins saves the Nation money. The immediate bank deposit of $1 Coins ordered through this Program does not result in their introduction into circulation and, therefore, does not comply with the intended purpose of the Program.

2009 Native American $1 Coins are not available at this time. Some issues of Presidential $1 Coins are available. 2010 Native American $1 Coins are scheduled to be available through the Circulating $1 Coin Direct Ship Program on January 4. Check back for updates.


By clicking “Add to Cart” I agree that I understand, and will comply with, the intended purpose of the Program.

What genius thought this one up?

 

[torchbearer]

are these the fake gold coins with $1 dollar stamped on them?

 

[JVParkour]

Basically, it is saying that it is illegal to put all 250$ worth of coins in the bank, because that does not put them into circulation...lol. What a failure.

 

[peacepotpaul]

Basically, it is saying that it is illegal to put all 250$ worth of coins in the bank, because that does not put them into circulation...lol. What a failure.

illegal may be an overstatement, it's saying that please do not abuse the program for purposes other than to circulate the coins. If you violate the terms, it can be considered a breach of contract (like licensing agreements).

 

[Mahkato]

Their next solution will probably be to require that all merchants give out at least 10% of their customers' change as coins instead of bills.

 

[TheFlashlight.org]

are these the fake gold coins with $1 dollar stamped on them?

Fake gold, exactly. I find the whole fake gold color to be dishonest, even though they're not claiming it's gold. The real content is something like zinc, aluminum, doggy poo, and dirt, but spray painted with some very nice gold colored paint to trick your sense of value.

 

[FrostyLeaf]

Fake gold, exactly. I find the whole fake gold color to be dishonest, even though they're not claiming it's gold. The real content is something like zinc, aluminum, doggy poo, and dirt, but spray painted with some very nice gold colored paint to trick your sense of value.

And yet if someone offered you 1 mill and/or a few truck loads of them you'd take em'.

 

[Kelly.]

And yet if someone offered you 1 mill and/or a few truck loads of them you'd take em'.

id take them, and buy real gold with them

 

[peacepotpaul]

id take them, and buy real gold with them

does that make you a sucker to the perceived value?

 

[DFF]

Even more offensive is the Danbury "Mint" -- a private company selling $1, "limited edition" Presidential Dollars, which look like gold coins. But of course, aren't.

 

[Dustancostine]

I don't see why everyone is opposed to the $1 coins vs $1 bills. Seems not to make much of a difference to me.

I have businesses in Canada and have to spend weeks at a time up there, and they use $1 and $2 coins and it doesn't seem like much of a problem.

 

[Mahkato]

I don't see why everyone is opposed to the $1 coins vs $1 bills. Seems not to make much of a difference to me.

I have businesses in Canada and have to spend weeks at a time up there, and they use $1 and $2 coins and it doesn't seem like much of a problem.

I'm not opposed to it; in fact the coins have more intrinsic value than the bills. However, their attempts at getting these things into circulation are amusing.

 

[Krugerrand]

I don't see why everyone is opposed to the $1 coins vs $1 bills. Seems not to make much of a difference to me.

I have businesses in Canada and have to spend weeks at a time up there, and they use $1 and $2 coins and it doesn't seem like much of a problem.

I prefer fiat coins over fiat paper. Paper falls apart too easily. Dollar coins hold up much better. That said, I don't like that they stuck with the susan b anthony form factor for the coins. It's way too close to a quarter. I'd rather see something creative like this:

or something like the bottom of here:

 

[Jordan]

I prefer fiat coins over fiat paper. Paper falls apart too easily. Dollar coins hold up much better. That said, I don't like that they stuck with the susan b anthony form factor for the coins. It's way too close to a quarter. I'd rather see something creative like this:

or something like the bottom of here:

You won't ever see anything creative or interesting thanks to vending machine manufacturers and vendors. Every time they change something it costs tens of millions to make new readers.

 

[peacepotpaul]

I'm not opposed to it; in fact the coins have more intrinsic value than the bills. However, their attempts at getting these things into circulation are amusing.

maybe it's a way of reducing dollar bills, what's wrong with that?