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Yet Another Dollar Coin! Why?

Dec 21, 2005 by Rip

Is it me or are dollar coins just a waste of time? Why do I ask, you ponder? In the next few days, President Bush may sign a bill that creates one dollar coins commemorating many past presidents, from Washington to Reagan, immortalizing them in currency – surely one of the greatest honors bestowed upon anyone in U.S. history. However, to me, this just seems like yet another wasteful project thrust upon the tax payer by a government that seems to lose sight of the big picture – regardless of which party is in “power.�

Now don’t get me wrong (or excited), this isn’t a Bush bashing column and I’m not going to wax political. This is about common sense, wise spending and large scale (read: national) economics. So lets take a stroll down memory lane and consider a quick thumbnail history of the one dollar coin.

The one dollar coin has been in existence since the United States Mint was established by the final signature of President Washington in 1792. Used as a common piece of currency for many years, the one dollar coin lost luster in the mid 50’s and never resurfaced. Honestly, no one seemed to miss it.

In 1979 the Carter Administration pushed, with avengence, to make the dollar coin sexy again by creating the Susan B. Anthony version but a poor design decision (its was only slightly larger than a quarter and was often confused as such) and general apathy failed to move the coin into mainstream use. But the U.S. Mint wasn’t done.

In 1999, Congress reintroduced the one dollar coin once more. This time, learning from past mistakes, they colored the coin gold, made it slightly larger, and paid homage to our nation’s Native America culture by putting a Shoshone woman upon it’s face. And once more, wide scale release was met with nothing but national indifference. Despite the federal government’s best efforts, the coin failed to make an impact. So that makes ‘em 0-2 if you’re scoring at home. But hold on for a sec, it appears we’re going down this road yet again.

For me, it makes no sense to create yet another dollar coin. Let me break it to you: it won’t catch on and people will have little interest (except perhaps the esoteric and hording collection community). The fact remain – and have been empirically proven time and time again – the United States isn’t a coin carrying nation.

So do us a favor, drop the coin and focus on the paper product. And if you’re feeling frisky, why not redesign the one dollar bill with the freaky oversized portrait, add a splash of color, and call it good.

Huh, maybe someone else should see this...

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Filed Under: Life Rant

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// about rip

Raconteur. Mediator. Gamer. Dilettante. Deliberative. Nerd. Serious world, not so serious here. “No word from Fenchurch today,” and “You’ll Never Walk Alone.”

// TWITTER

Ripcordless avatarRipCordless@Ripcordless·
8 Jun 2021 1402340172390273028

Masterpiece.
A fucking masterpiece.

#insideboburnham
@boburnham

Reply on Twitter 1402340172390273028Retweet on Twitter 1402340172390273028Like on Twitter 1402340172390273028Twitter 1402340172390273028
Ripcordless avatarRipCordless@Ripcordless·
23 May 2021 1396515261528756227

And now we say goodbye to Gini. Thru his professionalism, expertise, & energy, he was a big reason for our recent success.

@GWijnaldum

Goodbye & good luck. You will always be in our hearts. #YNWA

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Image for the Tweet beginning: And now we say goodbye
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Retweet on TwitterRipCordless Retweeted
rogbennett avatarroger bennett@rogbennett·
16 May 2021 1393984445770833925

Liverpool’s Goalkeeper scores winner in 95th minute with season on line. Incredible sporting moment that almost cracks chill of my cold blue heart. Allison lost his father at the end of February. What emotions he must have experienced in this second 🙌🇧🇷

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Ripcordless avatarRipCordless@Ripcordless·
16 May 2021 1393991505279258624

Absolutely incredible.
Another “moment” in Reds history. We go again but need a hand getting over the line. C’mon Leicester! https://t.co/T5VwD1uKRT

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Ripcordless avatarRipCordless@Ripcordless·
15 May 2021 1393598553839194114

.@Speechify_audio Was interested but the price point ($12/month) for premium is just too high. Unfortunately, the free voices pale in comparison. Great concept, may return if/when price drops.

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// Why?

Before I answer why, let’s talk about the rules. Here, I chatter about unimportant things. I stay in the shallow end of the pool, speculating on pop culture fascination, the journey of Liverpool FC, while offering an opinion or two on gaming. Why? Because I enjoy the written word. There is both a precision and also freedom with its balance, flow, and elegance. And this corner of the Internet offers a place to dabble in topics which avoid anything with a fuse.

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