Myth or true?

[kdnxdr]

Recently, I read that there is a new one dollar coin that has been issued. I read that "In God We Trust" has been removed from the coin. Does anyone know if that's true?

[rugcat]

http://www.snopes.com/politics/religion/dollarcoin.asp

[Williebee]

kdnxdr-

Oh my new friend, you are in for a treat. Allow me to introduce you to Snopes. (http://www.snopes.com)

Go there, search for "new dollar coin".

Then search for any other tale you may have heard. You might want to eat something first. You can get lost in there.

Short answer? Nope. Not true.

ADD ON: Nuts. Rugrat beat me to it.

[Don]

nope. :)

http://urbanlegends.about.com/library/bl_dollar_coin.htm

ETA: Rats, he beat me too. :D

[benbradley]

Recently, I read that there is a new one dollar coin that has been issued.
What is it with the US Mint - it seems every decade or two they come up with another one-dollar coin, hoping to phase out the one-dollar bill...
I read that "In God We Trust" has been removed from the coin. Does anyone know if that's true?
WHERE did you read that? Was it some mail forwarded to you from a relative, friend or aquaintance? If so, please tell your friend, relative, aquaintance, whoever, about:

The Boulder Pledge

(yes, you can Google that and find out all about it)

So much for the chain letter issue. I better not even get started on the other issue(s) this thread brings up...

[blacbird]

What is it with the US Mint - it seems every decade or two they come up with another one-dollar coin, hoping to phase out the one-dollar bill...

Which is just plain an effing great idea, a spherically great idea, a great idea no matter how you look at it.

1. The dollar is worth maybe 1/5 or 1/6 or less of what it was worth forty-odd years ago. In other words, less than a quarter, in real terms.

2. Coins last far longer than bills, especially one-dollar bills, which get serious wear and don't hang around long. Coins are therefore cost-efficient. One of the main motivations of the U.S. Treasury Department in pushing dollar coins is to save money. Who objects to a government program that actually saves money?

3. Canada abolished dollar (and two-dollar) bills in favor of coins some years ago. Idea worked just fine, eh?

I say, down with the dollar bill! I'm all for the coins. They will gain acceptance only when the bill is abolished. And they will gain it right quick-like.

caw

[clintl]

What the Mint should do is stop printing $1 bills if they want the public to use the coins.

The other thing the Mint needs to do is stop making the $1 coins the same size as a quarter.

[blacbird]

What the Mint should do is stop printing $1 bills if they want the public to use the coins.

The other thing the Mint needs to do is stop making the $1 coins the same size as a quarter.

On the first point, we are in agreement.

On the second, there's something of a problem. First, the coin isn't exactly the size of a quarter. It's slightly larger, but only slightly. This has been true of all the recent dollar coins, starting with the Susan B. Anthony in 1978, and continuing with Sacajawea in 2000 and now the Presidential series. The Canade dollar coin is the same size, by the way, and seems to cause no serious confusion with the Canade quarter, which is also the same size as the U.S. quarter. Of course, both are worth more, but that's a digression . . .

Canades also have a two-dollar coin, slightly larger still than the one-dollar bauble.

Changing the size of the coin would present an enormous problem for coin-operated machines, which are now ubiquitous. So I think we're stuck with the size issue. But it would still be better than bills (how often have you had wrinkled, worn one-dollar bills rejected by these same machines?).

caw

[benbradley]

Which is just plain an effing great idea, a spherically great idea, a great idea no matter how you look at it.
...

Not arguing with any of your points, but I was trying to point out that there are SO MANY versions of the US Dollar coin, all introduced with the idea to "make the dollar coin popular"... you'd think they could have at least stuck to the same size and weight over these many introductions (maybe they did for several of them, but I've never been that interested enough to find out).

[Joe270]

Changing the size of the coin would present an enormous problem for coin-operated machines, which are now ubiquitous. So I think we're stuck with the size issue. But it would still be better than bills

Are we so stupid we can't figure out the size differences of our coinage?

I doubt you'd see the blind Americans bitching about this.

Ditch the buck. Hell, it costs a buck for what I paid about a dime for as a kid anyway, so it seems right at a core level for me.

[blacbird]

Not arguing with any of your points, but I was trying to point out that there are SO MANY versions of the US Dollar coin, all introduced with the idea to "make the dollar coin popular"... you'd think they could have at least stuck to the same size and weight over these many introductions (maybe they did for several of them, but I've never been that interested enough to find out).

Get thee a Susan B. Anthony, a Sacajawea, and any of the current Presidentials. They're all exactly the same size. And weight. And the same size and weight, near as I can tell, as the Canadian loony. As soon as the U.S. Treasury Department finally decides to deep-siz the dollar bill, they will be everywhere, and nobody will give a shite after about thirty days.

caw

[astonwest]

Who objects to a government program that actually saves money?Those in the government... :)

[veinglory]

Plenty of countries have replaced the one and two dollar bills and dispensed with the pennys. I figure if backward island nations and your neighbors to the north can manage it the US should be able to. There are huge advantages to it.

[nevada]

the canadian quarter is round and its edges are ridged and it's silver. The Loonie ($1) is not round but 11 or 12 sided, its edges are smooth, it's slightly thicker than the quarter and slightly bigger and it is gold. The twonie ($2) is round, larger than the loonie or quarter, thicker again than the loonie, its sides are alternately smooth and ridged, and it has a gold center with a silver rim.

Funny story about the Canadian quarter. The canadian mint issued a special version with an insert of a red poppie to commemorate remembrance day. Several private American defence contractors operating in canada (read private spies) alerted the american government, concerned that the quarters were in fact tracking devices planted on the contractors by the canadian government. The US gov't posted warnings to all its foreing dignitaries and military contractors saying that several tracking devices had been found. And then they had to admit this:

http://community.seattletimes.nwsource.com/archive/?date=20070119&slug=coins19

And to get back on track, Snopes rocks, and yes you can spend a lot of time there, just going from report to report. I love it.