More "numismatic only" collector stuff

mt_msla

Not approved yet, but it's looking like a possibility.
"Legislation for new dollar coin program passes Congress"
https://www.coinworld.com/news/us-coins/2018/06/innovation-dollar-bill-passes-congress.html

Sonorandesertrat

More junk that will have a dreary aftermarket.

bronzemat

I wouldn't even spend a dollar on them!

BillJones

@Sonorandesertrat said:
More junk that will have a dreary aftermarket.

Yes, more tired idea junk that will take up more pages in the Red Book. It will probably push out more listings for items that really have collector interest.

Of course one this crap does is reduce the national debt. It's the bookkeeping entry from mint generated profits from stricking this stuff. They just strike it up and spend more real money housing it in vaults.

keets

1.) Commemoration should be done with commemorative coins.
2.) Paper Dollars need to be discontinued.
3.) Dollar coins will only circulate if our Uncle stops catering to the Vending Machine industry and other special interests.
4.) Instead of wasting time on this sort of thing our Legislators should revamp the current, outdated monetary system.

BackroadJunkie

Here's the thread that follows this from when it was HR 6025 from 2016...

American Innovation $1 Coin Act, H.R. 6025 (Now, HR 770, will likely become law)

Timbuk3

Interesting !!!

NLL

I don't think it will catch on if it does not circulate.

ricko

Just another junk series... well, perhaps not entirely - it may capture some YN's and bring them into the hobby....I also agree with keets... revamp the monetary system... eliminate the $1 bill...force the coins into circulation..add a $2 and $5 coin as well....The cent should be eliminated also, however, I am not sure that will ever happen. Cheers, RickO

LanLord

@BillJones said:

@Sonorandesertrat said:
More junk that will have a dreary aftermarket.

Yes, more tired idea junk that will take up more pages in the Red Book. It will probably push out more listings for items that really have collector interest.

Of course one this crap does is reduce the national debt. It's the bookkeeping entry from mint generated profits from stricking this stuff. They just strike it up and spend more real money housing it in vaults.

Maybe the redbook will need to be a multi-volume release.
Volume 1 - the real coins
Volume 2 - the trash

Volume 2 will also be 4 times as many pages as volume 1.