Presidential Dollars - In use?

JapanJohn

Haven't been around here much because of work but I still manage to lurk a bit.

My question is..........Is anyone using the Presidential Dollars? I just spent a month in the US (I live in Japan) on business and never saw one Presidential Dollar. Never received one in change. Who is using these things or are they another remarkable failure as currency.

John

Classof67

Haven't seen a one!

sumnom

So far they are circulating about as much as the SBA and Sac. I use them regularly but I have yet to get one in change.

RWB

I got two in change the other day, but it was the day after I'd spent five of them in the same shop.

sumnom

You are the first I have heard say they got dollar coinsin change!

fc

no, i do not see dollar coins in use ever. the mint does not have
a clue anymore. the people in charge are the same type of quality
employee as our bozo of a president.

Tootawl

I got one out of a vending machine a few days ago.

2manycoins2fewfunds

I spend them by the boatloads but I suspect they then just start a slow journey back to the Fed. Reserve where they will be entombed with SBAs and Sacs waiting for the offical demise of the dollar bill.

I bet 50% of all the 300 million GWs will be back at the Fed. within 12 months.

mcheath

Ive spent quite a few but haven't got any in change.

DrPete

I get them in change machines, put a $5 bill in get 3- $1 coins and 8 quarters, and I typically use them to buy stuff out of the vending machines. Have spent a few here and there.

We don't expect people to replace using $1 bills with any coin; it's been tried several times before and it just doesn't work.

The best part about the new dollar coins, IMHO, is the press and profits generated over the lack of edge imprinting on some coins. That alone is worth it to me, similar to the effect of the state quarter program. Anything that helps cultivate more coin collectors is good for the rest of us and continuation of the hobby.

ddink

I manage a college bookstore, which means I'm working the cash register most of the time. I've seen two so far--and this is from poor college kids who love to come in and pay with change!

Shamika

I've still not seen one. Not a one.

Writersblock

<< <i>I bet 50% of all the 300 million GWs will be back at the Fed. within 12 months. >>


I bet 50% never LEFT the Fed.

DesertRat

I give the GW's to my son's to use at school and such. I gave one of them ten GW's to go bowling the other night and he said the lady at the cash register looked at them, said "wow these are neat" and put them in her purse and replaced them with currency.

BlackBeard

I've spent a couple hundred so far including 8 today at Home Depot. Ninety percent of the merchants say "wow, those are the new coins". One young girl at the grocery store asked where I got them. I told her "the bank", she replied, "why?". I didn't waste too much time explaining the smoothie search. She seemed to wonder why I got them from the bank and was spending them. She was the only person that seemed iratated for some reason. One lady at the same grocery store a few days later asked a co-worker if a certain person was working, seemed she collects them. I have been spending about ten every few days there. I have yet to receive one in change though.

BobaFett72

have received a grand total of ZERO from any merchant since there inception.

tightbudget

I get them from people who owe me money and then I spend them on cigarettes...money comes and goes in my life.

foodude

I've spent a lot of them, but have not received any in change.

At shows, I exchange them for face.

ccmorgan

At first everyone wants/keeps them cause they're new. I spent some at a sandwich shop and the gal I gave them too kept them for herself and her daughter. Then I came in again with a few more and she was glad I had some more cause her daughters friends wanted some.
After a while we may see a few in circulation but IMO that they never will be common place. SBA weren't and the Sacs weren't either so I can't see the prez dollars being any different. They will go in the tube at first and down the tube eventually.

jjrrww

The fare boxes in the public transportation system here accepts them. It is easier to use them than a paper dollar, so I can pay my bus fare quickly and efficiently. I've gotten a few out of the stamp machines at the post office but that's about it. So, I'm spending a roll or so a week as bus fare, and getting none back in change.

TwoSides2aCoin

<< <i>

<< <i>I bet 50% of all the 300 million GWs will be back at the Fed. within 12 months. >>


I bet 50% never LEFT the Fed. >>


...good one. (sorta reminds me of 2001 Kennedy halves)
and there are only about twenty five million of them.
For another reason, these coins need to hold more value than fifty cents and one dollar and they would circulate. How about making Kennedy worth a dollar and the Prezzies worth 2 ? Then we'd be a country to be reckoned with . We could show China and Mexico a thing or two about AMERICA's value when it comes to shopping at WalMart
Kennedy would be equal to a Luney (Looney) and the prezzie would be equivalent to a Twonie (or tooney) in Canada, and we'd solve the worlds problems with base metal.
Nickel and copper would be precious metals. A cent worth a dime and a nickel worth a quarter.
Then ... make clad quarters and dimes the ONLY coins you have to order from the mint. (they'll be worth something when they're toned)


<tongue half in cheek>

sbeverly

I got one in change from a 7 eleven a couple of days ago.

The cashier was very apologetic and asked whether I would perfer quarters. It seems when he tries to give them out
as change, nobody wants them.

boucharda

Haven't seen one yet (other than my covers from the Mint)

CoinHusker

I spend them daily but have never received one back in change. Between the cashiers who get them keeping them, and retailers returning them to banks I think it will be a long wait until we see any in circulation.

ddink

Incidentally, when I do receive one (or a Sac or SBA, which are slightly more common), I don't even try to give it out as change. I just toss it in that days deposit and send it to the bank.

P.S. One good use for dollar coins is to use as tips at restaurants. Instead of putting down a few bills and weighting them with a drinking glass, you can just lay down a few coins instead.

fishcooker

Make the Ken a $5 coin and the Prez a $10 coin, and be done with it. Leave the Sac's at $1 for the mass transit fares.

garsmith

There are a few people here that say they are using them. I have not recieved any to keep in circulation! So smoeone is hoarding them or businesses are just sending them back to the banks!

garsmith

<<no, i do not see dollar coins in use ever. the mint does not have
a clue anymore. the people in charge are the same type of quality
employee as our bozo of a president.>>

Amazing statement considering it wasn't the president or the management at the mint that dictated the minting of these coins it was congress which has a Democtratic majority!

Oops, kinda put your foot in your own mouth on that one didn't you! Why don't you take your political bashing to another forum it's not required, requested or appreciated here!

billboat

While cashing a check at my bank the other day I saw that the teller had a few and got one. Gave it to my nephew. That's the sum total of my Washington Dollar experience.

tahoe98

i wonder if the mint director uses the prez bucks?

TwoSides2aCoin

My prediction was that they will only be available by ordering direct from the mint that included a premium, and probably after the first year. I'm still leaning towards that thinking, but we'll see.

stockergreen

I have never seen one in circulation.When i show them around to people its amazing
how many have never seen or heard of them.

fc

garsmith,

i stand corrected. thanks. but why do u think i am democrat?
i am not :-P

sumnom

Was there a Dem majority when the p-dollar law aws approved?

Omega

Exactly two so far. One at a grocery store and one at a school carnival.

ccmorgan

The prez dollars will fail just as the SBAs and tha Sacs. Its just a matter of time.