Saturday, November 29, 2008

Dollar Coin

I just read the web page by the US Mint about the new? one dollar coin. It is expected to last on the average of about 30 years, and most coins are in circulation for longer than that.

So should we use them?

I can see nothing wrong with using the $1 coin. It could save the treasury department lots of money considering that new $1 bills have to be printed often. Millions of them are burned each year and have to be replaced.So using the new coin could be cost effective. That would be refreshing, for a change.

I believe that I could get used to carrying a $1 coin. They seem to not be colored the same as quarters,so even I could tell them apart when I was using, or receiving change. That would be good as well.

I don't remember to ask for them when I am getting change back, though, that would take some planning ahead. When I am getting back change, I just wait for the cashier to give it to me. I count it every time though. Right now I can tell by looking at the coins if I am getting back the correct change. The $1 coin would take some getting used to. I could do it though even at my age.

So all in all, I am in favor of the new $1 coin. Surprised?

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