The E-Sylum:  Volume 10, Number 31, August 5, 2007, Article 21

ON DOLLAR COIN CIRCULATION

Roger deWardt Lane, Hollywood, Florida writes: "Dick Johnson
was quoted on the subject of the new American Golden Dollars
not circulating.  I can confirm this with my actions at our
Fort Lauderdale Coin Club meetings.  When the new dollars first
came out, I went to our bank and asked about the new dollars.
"No we do not have any, but maybe next week".  Finally I
purchased $100 of the George Washington dollars.

"At the next Fort Lauderdale Coin Club meeting, where we
always have a good auction of numismatic items (I'm the
Treasurer and make change). I stopped using paper dollars
and put out over $50 of the new coins in change.  I would
get a few back and immediately put them out again.  At the
end of the evening the four rolls were all gone.  This
routine continued for about four meetings, including using
the new Adams Dollars.

"Last week (although I still have two rolls in my bank) I
did not use any of the coin dollars, receiving none and
passing out none too.  So, where there were close to 100
members at each of our meetings and I take in about 100
paper dollars note more than I pass out, none this week
were coin dollars.  I guess we know the answer by now, -
even coin collectors do not want the new coin dollars!

"Readers can see pictures, read our newsletters and read
about our monthly shows by checking our new web site
www.ftlauderdalecoinclub.com. People can read a little
about me on my new page, www.dewardt.net "

  Wayne Homren, Editor

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