dollar coins

[dixiedigger57]

On the news today, several groups are proposing doing away with the paper dollar, and using the coin. Being from Georgia, I dont know much about the other countries coin dollars, except some posts here about twoonies and stuff, Aussie or Canadian I guess. It sure would make it fun to find more of them than zincs! i'm all for it, but i think its just to make us use bank cards. what do you think?

 

[digginLa]

I have to agree, especially since I've gone direct deposit with my check and I never have cash or change anymore unless I withdraw from the ATM, I wouldn't mind them doing away with the $1.00 bill tho, I found 3 of the $1.00 coins last month and it sure does increase the days total in a hurry. Jimmie

 

[mudpuppy]

And I hope when you spend them, you get change in them too! And I hope they sound off with a differrent and steady signal no where near a zinc penny, and I hope they last for a long time in the dirt, unlike a zinc penny, and I hope they roll this out in the next week...but alas, they never will, they cant control a populace unless they can control the money...so it would make more sense for them to take this cashless...

 

[dewcon4414]

As usual we are behind Europe who have used large coins for years. Just get rid of the penny, since most stuff is rounded off anyway. Can you imagine how many people would buy detector if there were $20 coins out there that are being produced by the millions?

Dew

 

[John(Tx)]

n/t

 

[fwcrawford]

I sure would like to see the $1.00 bill discontinued.
Most of the dollar coins I find are in playgrounds probably lost by children during recess.
If more adults were to start carrying them around, many more would be found.
Finding many quarters on average is normal and they are large coins, so I think dollar coins would
get dropped and not seen either.
Only problem I see with the other countries large coins is that the metal is high in iron and they are hard to
get a good signal on from what I have been reading.
The Sovereign is not very good at finding the Canadian coins due to the coins makeup.
If they keep making the coins out of the same type of material as the presidential coins, I think we could have some
fun and make good totals at the end of the day.
Keep your fingers crossed!! LOL

 

[dixiedigger57]

yep, the material would make a difference. i know some class rings are stainless, paladium, and other weird metals. the coins would outlast the paper. cost effective or counterfeit proof? dunno. my folks had a grocery store, with a metal fabricating place behind it. they would clean out our drink machines with copper slugs. had to go to mgr and complain several times. befriended the foreman, and he put a stop to it. now the copper slug is worth more than a clad almost! at one time a pound of copper pennies was worth more scrap i was told. then there would be the discussion of whose picture is going to be on it. o boy, i'm waiting for that one to appear in the future. it might be a wooden nickel! or tails on both sides in honor of a real......aw never mind.

 

[Minas man]

Here's what the Canadian government has done.

The most significant recent developments in Canadian coinage were the introduction of $1 and $2 coins. The $1 coin (the "loonie") -- was released in 1987. The $1 banknote would remain in issue and in circulation alongside the one dollar coin for the next two years, until it was withdrawn in 1989. The coin was to be the voyageur-design silver (then nickel) dollar coins that had previously been in limited circulation. The dies were lost/stolen(?) in Nov 1986, requiring a redesign. The new coin is colloquially called the "loonie," for the common loon on its reverse, and the name is frequently applied to the currency unit as well. It is made of nickel plated with aureate bronze. The $2 coin, carrying a polar bear, was introduced in 1996, is called by analogy the "toonie" or the "doubloonie" and is bimetallic. The $2 banknote was withdrawn at the same time that the coin was released. Unlike several U.S. attempts to introduce a dollar coin, the new coins were quickly accepted by the public, owing largely to the fact that the mint and government forced the switch by removing the $1 and $2 bills from circulation.

The Canadian government has occasionally considered the possibility of eliminating the 1

 

[dixiedigger57]

thanks for that Minas man. i read occassionally about loonies and toonies, and thought they were from the Aussies. that is food for thought on the Canadien coin ID. seems like that needs to be an option choice, neither of my machines have a meter or id nor tone id, just dig the hard hits. i have found various metal tokens, and some have been weak sounds. i believe too much tech is available sometimes, it takes the fun out. just think, we had 1/2 cent pieces and large cents at one time. we might have to bring the 1/2 back for our presbo's picture. it fits.

 

[Sven]

in Canada. Loons and Toons. They are easy to find with a metal detector. They take awhile to sink so most are found within the first 1-6".
And people lose them like people lose quarters in the US.
The nicest thing about finding Canadian claddage is that it's usually clean and spendable. Just a quick rinse and spend.

 

[jmaryt]

i like the "loonie" better than the "toonie",probably because i'm a little "loony"
and the fact it looks like a "gold" coin!...just sayin!

(h.h.!)
j.t.

 

[dixiedigger57]

thanks for the pictures. loonies and toonies remind me of wife's family. harrrgghh! glad she dont read these forums. now the euro coins, dont find those in georgia either, least i havent, i am sure someone has. how do they read? or sound or meter? Sven, you and Minas man probably see some of those too. we are so broke down here, we have wooden nickels. we have to use termites with muzzles on a leash to hunt them. excuse me, i have to be silly a bit. between home repair disasters $$$$$ killing me and no time to hunt, i gotta do something. asbestos abatement just cost me a new unit, now the cracked foundation my take the two i own! not hardly.... if they made coins out of aluminum and pull tab shaped, we'd all be rich.

 

[ralph]

the lifespan of paper 1dollar bill is 18 months then the banks send worn and damaged bills to the govt to be destroyed,and be replaced by newly printed bills. A metal coin lasts at least 30 years, it would save millions in printing costs to go to 1 and 2 dollar coins. I'm all for it.