U.S. Mint Goof Creates 'Godless Dollars'

My exact thoughts Joules, marketing and PR. They are taking a page from the USPS who keeps growing the numbers of items it sells, planning to be uncirculated as Treasury dreams of Beenie Baby mania.

apparently they have made a few errors.
The ones without the edge are going for about $30 a piece on ebay
Then they have some with he writting upside down(with heads up, text supposed to be up)
these are going for like $15 with a free dollar

and a few that are both without the edge text and have no date or mint. for about $40 each
I wonder how many are being sold by employees.

Actually, the "tails-up" orientation of the edge lettering is not an error. Only the proof coins should always have "heads-up" edge lettering. Regular business-strike coins will have a random orientation of the edge lettering.

A better analogy: some toilets lack pizza, yet we rarely complain when this is the case.

Best - Some pizza lacks waste, yet we rarely complain when this is the case.

Ha, cheers Pharaoh. Good shot.

Don't you realize that we have to protect the sanctity of our currency?

Think of the tradition!!! what would this country be with out our traditions that span back 50 years or less! we will fall apart as a country!

Only in the gold dollar sector, on paper we still have God.

on paper we still have God

Has God ever been anywhere else?

Given that they're going for 50 times their face value, I'd say demand suggests that we've already been there a while.

i personally LOVE dollar coins - and the canadian 2 dollar coin is a neat idea too

how handy - a cup of coffee or a magazine at the news stand won't require you taking your wallet out

Won't you please think of the strip... err... Gentlemen's Club Artistes before saying that?

There are some interesting things done with Loonies and Toonies in Canadian entertainment establishments. Based on that, I do suggest the immediate elimination of the dollar bill. American dancers are losing business to clubs north of the border. We cannot let this outsourcing continue!

Yes, but think about the massive amount of weight it adds to your pocket. Or here's an idea, don't carry cash, just a credit card.

Errr... The entertainers do not accept credit. It's a cash-only business.

swiping a card is not encouraged.

swiping a card is not encouraged.

That could get you arrested. But, then you could use the credit card to post bail or pay the fine.

swiping a card is not encouraged.

Do you have any idea of the kinds of things that go on in those private lap dance rooms?

if they want this to succeed, GET RID of the DOLLAR BILL

just dont make them the size of quarter

i used to love the giant Eisenhower, as a kid it is good to feel the weight of your money in your pocket as you generally dont have a lot.
then they made a dollar the same size as a quarter. People complained that because they were the same size as a quarter, people would spend them as such, so they made them gold. But they are still the same size as a quarter, i still spend them as quarters now and then.

and sorry but if it is a coin, a vending machine has got to take it.. well except for pennies as the never count.

I vote for eliminating the penny and the dollar bill. But, the dollar coin has to be a reasonable size.

When traveling to Canada or Europe, I always feel like I am carting around 5 pounds of coins. Some of the old British coins were especially heavy. I don't want to trade one evil for another.

Best yet is when you get home at the end of the day:

"Aw, all I've got is a pocketful of change...wait, there's like 10€ in here"

The worst part is carrying around that much change - always jingling in your pocket. I agree with eliminating the dollar for a coin - but all coins need to be the size of a dime or smaller. Better yet, make them out of a material that is equal in value to their worth. Best case scenario would be to electronicize all of your money.

And seriously, end the penny.

Why is it assumed that we cannot keep both a dollar coin and paper dollar in currency? I read earlier that this was some sort of either/or scenario, but in China, where I now live, we have both a paper Yuan and a coin version. Both have their uses: the coin is great for vending machines and public transportation, while the paper is better for making exact change at the cash register. I think the system works quite well.

If we keep both, one will be marginalized. As long as we have a bill, no one will use the coin. You can use both, but it will simply cause frustration when you have the wrong one.

And paper yuans are awful. Like having a 13 cent bill.

Pharaoh, I agree that your conclusion is more intuitive, but it honestly seems to work quite well over here. I get both of them as change frequently. And as far as the value of the yuan, you're pretty close to being right. But for about 10-20 of them you can get a decent meal, so it isn't as bad as it sounds. That's about as far as the dollar will get you in most restaurants in NY, right?

Personally, I like the system we have in Japan. The smallest bill is 1000 yen - about $8. Everything below that is a coin.

In China, that may work. But in the US, the dollar coin has failed to get a foothold every time it has been introduced. Each iteration has been phased out its 'flaws' fixed and a new one released.

Eisenhower dollar (1971–1978) - too large
Anthony dollar (1979–1981; 1999) - too similar to the quarter
Sacagawea dollar (2000–Present) - a golden quarter
Presidential dollar (2007–) - ?

The only time I have ever received one of these coins was at a US Post Office. To get the masses to accept the dollar coin, the alternative dollar bill has to be non-existent or, at least, more scarce.

It's simple, it's finally time to change up our denominations. We really need to get rid of the penny. It costs 1.2 cents to mint and 1.4 cents each for minting and distribution. We've been talking about getting rid of it since the 1920's.

Getting rid of the penny while introducing the dollar coin would work great since all coins can just move one over in cash register tills.

I'm even open to getting rid of the nickel while we are at it...