aragno

Sad. I was looking to maximize circulation through nearly 100k per year of legit cash purchases. Oh well, 30k in 6 weeks was at least an attempt. Back to waiting on BD to give me lifetime status.

travelisfree

I have 5k!

Often1

To those on FT who want the coins for non-abusive purposes, they are still available. It's simply a cash-for-cash exchange. The Mint's action here cuts off only a device which could and was clearly being abused.

jjmiller69

Yes it was nice well it lasted, but with all the bragging by some it was bound to end. When you start making national news bye bye. My 1st and only post about anything to do with coins.

The_Wrath_of_Khan

I mean if you were getting them with your card and circulating the coins it was beneficial for everyone. Now it's not really beneficial to anyone. Who wants dollar coins anyway? They're gross. In the States you can practically buy everything with credit. I never have more than $20 in my wallet at any given time when I'm back visiting. In Japan good luck finding anyone to accept your card.

Ritz

You still can. Write a check.

fstop75

It will be interesting to see how they progress on their Congressional mandate after this decision. I would venture that, while most of the coins purchased by FT'ers only made it one step into circulation, the majority of the other coins probably only made it two steps into circulation. I can honestly say that the only $1 coins I ever received were directly from the mint, never as change back from a transaction. The bottom line is that this "experiment" has shown that nobody wants a $1 coin in the United States.

ftizzy

I circulated the crap out of the coins too. People loved getting them, even taxi drivers who never like anything. The local Thai delivery guy knew me as the guy who always paid in coins. The novelty never wore off.

Alas, it's too much effort to get the coins now.

It will be interesting to see what's going to happen now to incentivize the circulation of these coins.

apolloms

I was only able to get 2k in coins....i placed an order last week that is scheduled to ship 8/7, hopefully that order still goes through.

aragno

The point was to earn miles on these cash expenses. As well, this cash expense is spread across the US and checks are not accepted at any of the merchants- only cash or cc (at a 2-3% premium, which doesn't work out considering the low operating margins of the company).

Oh well, back to ATM withdrawals and new ways of racking up miles.

alexcturner

I bought the coins a couple of times and used them. I thought it was a win/win for everyone.....

Counsellor

In the five years or so of this post-Sacajawea experiment, I received only one dollar coin in a business transaction, and that in change from a friend who said he had gotten it "palmed off" on him and he wasn't even sure it was legitimate, but if I was willing to take it, great; if not he'd give me a "real" dollar instead.

I seem to remember having received a Suzie B in change one time. I didn't notice it at the time, and don't know whether it was given to me as a dollar or as a quarter. I carefully spent it quickly as a dollar before I forgot and treated it as a quarter.

The Mint needs to create something that looks *and feels* different for their $1 coin, maybe a bi-metalic like the euro coins (and others from Europe) or actually make it hexagonal or octogonal, or even put a hole in the center. Then it might catch on.

fti

Same here.

I think the only way the $1 coin will take off in the US is if we stop printing the $1 bill. That would be fine with me. This current $1 coin is fine "as is." It definitely can't be confused with a quarter, like in the past. It sure looks and feels different to me than any other US coin.

RoyalFlush

I agree 100%

We need to stop printing the $1 bill tomorrow. A paper bill has an average life span of 11 months. A coin, 35 years.

TTT103

All good things must come to an end.

Actually, I could give a hoot, as people truly abused the intent of the program. It's one thing to order $1K of coins to meet a credit card spending requirement, but some people went on to purchase tens of thousands of dollars worth of coins, only to deposit them at a bank.