Recursive Stupidity
on 06/29/2011 at 09:33 AM
Well that explains it all - We started collecting them (the machine at the Post Office gave them as change) - and can’t find any more. When we get money, I will go to a local collectible shop and pay an outrageous price to finish the collection. What a waste of money. Typical liberal gov - waste it before you can’t get any more.
Shit, they should release them into the general circulation and watch them get used up at the Porn stores. Just like the Susan B. Anthony Porno Bucks!
Macker is right; they would quickly become the tokens that I said they were. Great for slot machines in Vegas etc.
Now all that remains is to build vending machines that can handle the 4 different size coins that are currently legal dollar coins.
The main advantage of the coin is its durability, and thus long life compared to the average lifespan of a single. The disadvantage is the weight.
Canada switched its $1 and $2 bills to coins, and had the banks pull the bills out of circulation and send them back for destruction, while giving out the new coins in their place. Over the space of a year, the bills disappeared from circulation without the need for a special recall.
I now have so many coins coming back as change in my daily life, that I end up with large piles of these things on my desk and my dresser-drawers. Every once in a while I get the kids to help me roll all this crap up into coin rolls and take them to the bank. I’ve heard Canada’s considering coining the $5 as well. I think I’m going to need a strongbox… Sheesh.
On the plus side, we’re thinking of switching to the same bill-currency medium that Australia has been using since 1988 successfully: Tyvek (plastic) bills, which don’t rip, can go through the wash with no harm at all, don’t stick to each other, and are theoretically much more difficult for the counterfeiters to copy.
07/02/2011 at 08:39 AM
