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I have seen several questions recently for people reactions to the new US $1.00 coins. Mostly people do not like them and have no desire to start using them. So if you were the US Mint, how would you get people to use them?

Personally, I like them. I am starting to use them when I leave tips, and for small purchases. I know a lot of retailers do not like them, so I was thinking about having a button printed up "time for a change? Give me $coins..." or something like that. I have also thought parents could give them to their kids as allowance-might be an interesting way to see the 'power of youthful spending'.

PS: I do not work for the gov't in any way shape or form

2007-03-10 07:18:20 · 6 answers · asked by wholenote4 4 in Business & Finance Personal Finance

6 answers

I would have a shirt that has the coin printed on it.
And have specific features and explanations.
Maybe that would work
And on the back have like a list of what you could do(buy) with the dollar coin.
heh.

2007-03-10 07:23:39 · answer #1 · answered by Erickson B 2 · 0 0

Im not sure, I live in Canada and we've had dollar coins for about 20 years or so and I know that when I was a kid, I loved going to the states and getting tons of dollar bills lol, it made you feel like you had more money, although I can see how it really gets to be too much in your wallet. Its not really good or bad either way, just different. The coins are heavier though, and harder to carry around....

2007-03-10 15:21:41 · answer #2 · answered by radiancia 6 · 1 0

The only way to make people start using $1 coins is to stop
printing One Dollar Bills.

2007-03-10 15:26:33 · answer #3 · answered by Anonymous · 0 0

The coins will never work because people do not like carrying all that change around, I know I hated it when I went to Canada. The only way it would work here is if they just stopped making paper money and waited for the uproar to die down.

2007-03-10 15:27:14 · answer #4 · answered by psycmikev 6 · 0 0

Well, your button idea is nice. People have their own opinions-- some think that one should stay in the past, others like changes. Convincing one wouldn't be hard...

2007-03-10 15:23:42 · answer #5 · answered by Lala 3 · 0 0

easy. just make condom vending machines that only accept $1 and people will soon start keeping a few on them, just in case...

2007-03-10 15:22:59 · answer #6 · answered by Anonymous · 1 0

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