Why can't the US Mint learn from its past mistakes?! The Susan B., the Sacagawea, and now this:
http://www.usmint.gov/mint_programs/$1coin/
The first two failed. The Susan B. because it was too much like the quarter. The Sacagawea failed because no one knew what they were. Both were gobbled up by the coin collectors. This new design is nothing revolutionary. It reminds me of the British Pound coin in its size and coloring.
However, we still have a paper dollar and all the coin machines will have to be updated to take these. These are two major obstacles that have never really been solved. Also what about the cash registers. Where do these new coins go. There are only so many slots and they are all taken. How about we scrap the penny? It is truly not worth making any more. It is worth more as scrap zinc.
I just wish the US Mint would stop wasting money designing new currency they is just going to fail like the other attempts. Besides, the portraits they chose for there new coins are just plain ugly.
http://www.usmint.gov/mint_programs/$1coin/
The first two failed. The Susan B. because it was too much like the quarter. The Sacagawea failed because no one knew what they were. Both were gobbled up by the coin collectors. This new design is nothing revolutionary. It reminds me of the British Pound coin in its size and coloring.
However, we still have a paper dollar and all the coin machines will have to be updated to take these. These are two major obstacles that have never really been solved. Also what about the cash registers. Where do these new coins go. There are only so many slots and they are all taken. How about we scrap the penny? It is truly not worth making any more. It is worth more as scrap zinc.
I just wish the US Mint would stop wasting money designing new currency they is just going to fail like the other attempts. Besides, the portraits they chose for there new coins are just plain ugly.
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