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Topic: Coin Coalition

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	10-21-97, Statement of James Benfield (Site not responding. Last check: 2007-10-12)
		The coin assumes value at the point when the coin is swapped for its face value with the public, because the government stands behind it and will refund its face value on demand.
		The Coin Coalition believes the impact of a $1 coin on these entities will be nil because the productive capacity should be used to make $2 bills and to quickly introduce the next generation of Federal Reserve notes to discourage the continued counterfeiting of high-denomination bills in the Middle East and Columbia.
		The Coalition opposes changing the physical dimensions of a new $1 coin, as this would require the vending/coin-operated industries, as well as the mass transit authorities, to retrofit all the machines that have been designed to handle the Anthony dollar.
	financialservices.house.gov /banking/102197jb.htm (6720 words)

	Coin Coalition - Wikipedia, the free encyclopedia
		The Coin Coalition is an organization supporting the elimination of pennies and dollar bills from U.S. currency.
		Although copper miners and other interest groups backed the Coin Coalition on this issue, they were unable to match the influence of Save the Greenback, a rival organization supporting continued dollar bill production.
		In advocating abolition of the penny, the Coin Coalition cites three penny-related costs that are passed on to consumers[3]:
	en.wikipedia.org /wiki/Coin_Coalition (382 words)

	[No title] (Site not responding. Last check: 2007-10-12)
		Despite the prevalence of the common term "penny," the U.S. Mint has never actually minted a coin for which this is the official name.
		In 1943, at the peak of World War II, pennies of zinc-plated steel were made for a short time due to war demands for copper; a few copper cents from 1943 were produced.
		Following that year, salvaged ammunition shells made their way into the minting process, and it was not uncommon to see coins featuring streaks of brass or having a considerably darker finish than other issues.
	www.brujula.net /english/wiki/Penny_(U.S._coin).html (281 words)

	Schuler Pressen Prototype (Site not responding. Last check: 2007-10-12)
		Part of the 1997 dollar coin debate was about this very subject - which is why the Alliance had joined with the Coin Coalition in promoting a new dollar coin.
		Information concerning this was provided in conversation with the Coin Coalition in late 1999 - which is when I was informed of the Braille tests on the Martha dollar.
		The statement that the known Martha Braille pieces (2?) are on PMX alloy was inferred by both the appearance of the coin (brilliant and highly reflective) and a conversation with PMX's parent - Poongsan Corporation / Korea - in mid 1999.
	home.earthlink.net /~smalldollars/dollar/page15a.html (689 words)

	Innovations: Dollar Coin - Design and Materials
		The purpose of the meeting was to brief the Coin Coalition (a group which promotes the introduction of a new dollar coin) and other interested parties on the technical aspects of the new dollar coin including the alloy design.
		The dollar coin will be a clad metal composite in order to have a unique electromagnetic signature that can be automatically measured with coin vending machines.
		The next dollar coin stakeholders' meeting is tentatively scheduled to be held in 4 to 6 months.
	www.copper.org /innovations/1998/09/dollar_coin.html (986 words)

	Modern Car Care: The magazine for carwash and car care center owners and operators
		Jim Benfield, executive director of the Coin Coalition in Washington, DC cautions that these figures are optimistic but not necessarily an indication of how the coin will actually perform once it is released.
		Also, the coin is much more durable in the long run, as a coin will last for up to 30 years, and the average dollar bill has a lifespan of only about 18 months.
		Coutre originally saw the new dollar coin in a negative light, but he admits that he was "converted to believe" that the dollar coin was going to be a good thing for the carwashing industry.
	www.moderncarcare.com /Articles/011feat2.html (2751 words)

	The Working Man's Rare Coins - Dollar Coins (Site not responding. Last check: 2007-10-12)
		The new dollar coin has the same size, weight, and magnetic signature as the old SBA dollar, but is golden in color and has a (smooth) "distinctive edge".
		What this means is that the coin is much more easily recognizable and distinguishable, because of its coloring and the fact that it does not have the reeded edge currently seen on quarters and SBA dollars.
		Also, as the coin circulates and ages, it becomes darker in color, taking on the color of antique brass, making it even more easily distinquishable from other coins.
	www.workingmancoins.com /NewMoney/NewDollar.htm (357 words)

	Some thoughts for your pennies - The Cellar
		Various inflationary forces, the same that have led us to the point of needing a $1 coin, also lead us to the point that pennies now cost.81 cents each to make, and costs people who must deal in these smallest soldiers in our decimal currency army 60 cents for a roll of 50...uh...cents.
		Of course, the Coin Coalition points out that AFCC is funded by the zinc cartel...
		In my personal experience dollar coins (Sacajawea as well as even some Susan B. Anthonys) are readily available in the form of change when you buy train tickets from vending machines in both Philadelphia and St. Louis.
	cellar.org /showthread.php?p=13363 (1774 words)

	Showdown for the golden dollar — JSCMS (Site not responding. Last check: 2007-10-12)
		His association was substantially involved in the Coin Coalition, a lobby that supported the elimination of the dollar bill.
		Coin production is also more labor efficient than bills, needing one-tenth the amount of time and money to be counted and processed, according to a Government Accountability Office study.
		The presidential dollar coins would be an educational tool for the public and a boost for the coin-collecting industry, Sklow said.
	jscms.jrn.columbia.edu /cns/2005-12-13/rabinovitch-goldendollar (1026 words)

	New Dollar Coin Sparks Debate -- 05/11/1999
		The coin will be about the size of a quarter –the same size as the SBA – but unlike the SBA it will have a distinctive smooth edge to distinguish it from a quarter.
		The Coin Coalition represents more than two dozen organizations, including the American Council of the Blind, the American Public Transit Association, and the National Automatic Merchandising Association, and is pushing hard for the use of a one dollar coin regardless of the effect on paper dollars.
		The coalition's self-stated goals are "to cause the new $1 coin to circulate in sufficient quantities to enable coin-operated industries and mass transit to operate more efficiently."
	www.cnsnews.com /InDepth/archive/199905/IND19990511b.html (625 words)

	Olin Brass Minute Man Patterns (Site not responding. Last check: 2007-10-12)
		Other pieces were handed out to members of the press and to The Coin Coalition, who was seeking production of a golden dollar coin.
		They testified that these distinguishing characteristics would "help consumers and the visually handicapped quickly distinguish the dollar coin in a handful of change...." These metallurgical trial pieces were produced by Olin Brass to illustrate the characteristics a clad dollar could have and to test their electronic properties for use in vending machines.
		Besides being distinguishable by the color difference, one was struck with it's dies oriented in "coin alignment" and the other one's dies were oriented in "medal alignment".
	home.earthlink.net /~smalldollars/dollar/page15.html (336 words)

	Coin Today : Daily Numismatic And Gold Investment News
		Everything about euro coins (divisional and commemorative), euro mint sets, euro starter kits, euro introduction stamps, euro patterns, euro deviations, variations and errors, euro mintage, euro rolls and bags.
		Coins and banknotes of the islands of Alderney and Guernsey in the Bailiwick of Guernsey, English Channel Islands.
		These coins are typically crudely made irregular shaped pieces, it is this style that makes them intriguing, along with the fact that they are lore from the Spanish conquest of America.
	www.goldstockcenter.com /wnr.htm (1187 words)

	SO LONG GREENBACK? THE $1 BILL COULD BECOME THING OF THE PAST AS MOMENTUM BUILDS TO REPLACE IT WITH A COIN. (Site not responding. Last check: 2007-10-12)
		A diverse coalition of special interests, ranging from blind operators of concession stands to public transit companies to copper-mining corporations, is backing the effort.
		Canada, for instance, has a one-dollar coin, nicknamed the ``Loonie'' after the picture of a loon that it carries, and plans to introduce a $2 coin next year.
		Any new dollar coin would be the same size as the Susie B but should be gold-colored and have a smooth edge like a nickel as opposed to a notched edge like a quarter, according to The Coin Coalition, the group lobbying.
	scholar.lib.vt.edu /VA-news/VA-Pilot/issues/1995/vp950504/05040349.htm (692 words)

	Latest effort to replace dollar bill is a flop: 2/4/01
		A coin costs 12 cents to make and circulates for 30 years; a paper dollar costs 3 cents to make but must be replaced every 18 months.
		The new coins outnumber all the Susan B. Anthony dollars minted since that coin's introduction in 1979, he said, but conceded that that's not saying much.
		Collectors have been snapping up coins from the Mint's 50 States Quarter program and the Mint has responded by minting more -- 4 billion more a year, to be exact, than the 1.5 million to 2 million in quarters it was issuing annually before the program.
	www.s-t.com /daily/02-01/02-04-01/d01bu111.htm (1302 words)

	To coin or not to coin: chains, vendors debate dollar's fate Nation's Restaurant News - Find Articles
		Walgreens determined that use of a coin in place of the greenback would save the company $500,000 a year by speeding up transactions and reducing the number of coins employees must count at the end of shifts, Benfield said.
		Gagne, who is director of finance and planning for the Washington, D.C.-based company's corporate services, said the coin would help reduce the number of sales lost as a result of malfunctioning bill changers.
		Allen said 3 million vending machines are currently capable of accepting the Susan B. Anthony coin, the 1979 botched attempt at a $1 coin.
	www.findarticles.com /p/articles/mi_m3190/is_n18_v29/ai_16925436 (872 words)

	Should the penny go? - Apr. 11, 2002
		Everyone has to put in their two cents (sorry): Penny haters argue the coin is obsolete and costs more to make than it's worth.
		But the Coin Coalition said this study largely used items found in convenience stores, with prices ending mostly in 9.
		The folks at the Coin Coalition counter that the zinc industry funds Americans for Common Cents.
	money.cnn.com /2002/04/11/pf/q_pennies (864 words)

	Modern Car Care: The magazine for carwash and car care center owners and operators
		This coin should be a lot more than just a coin for certain industries.
		The Coin Coalition, based in Washington, D.C., was formed to help the newly authorized dollar coin to circulate in sufficient quantities to enable coin-operated industries and mass transit to operate more efficiently.
		Jim Benfield, the Coin Coalition representative interviewed in this article, says the Mint's decision does not mean the end of the golden dollar coin.
	www.moderncarcare.com /Articles/251feat8.html (2090 words)

	The Straight Dope: Where have all the half-dollars gone?
		A spokesman for the Coin Coalition, a trade group, says it's not the public that won't use halvies, it's retailers, who dispense most change.
		What with inflation, a widely-available (and accepted) high-value coin would eliminate the need to drag along a fistful of quarters when going to the laundromat or buying a Sunday newspaper from a coin box.
		The main job of the Coin Coalition, in fact, is lobbying for a dollar coin to replace the failed Susan B. Anthony coin--doomed, depending on whom you talk to, either by its similarity in size to a quarter or by the failure of the government to withdraw dollar bills upon introducing it.
	www.straightdope.com /classics/a940318.html (686 words)

	10-21-97, Statement of Chairman Castle (Site not responding. Last check: 2007-10-12)
		Since one of our goals is to increase public awareness and acceptance of the coin, we should take this opportunity to place a new design on the dollar coin.
		The quarter dollar is our basic coin and it is called upon to play roles formerly filled by pennies, nickels, and dimes, while still acting as the primary unit for parking meters, toll booths and vending machines.
		This coin would replace the nearly depleted Anthony one dollar coin, 857 million of which were minted between 1979 and 1981.
	financialservices.house.gov /banking/102197ca.htm (833 words)

	Penny and Coins Information Portal @ PennyPort.com (Penny Port) (Site not responding. Last check: 2007-10-12)
		In the United Kingdom, a copper coin worth 1/100 of a pound sterling; also formerly in Ireland, a coin worth 1/100 of an Irish pound before the introduction of the euro.
		Thus a coin worth five times as much as one penny is worth five pence, but "five pennies" means five coins, each of which is a penny.
		Coin of the Year - Photos of coins associated with particular years, plus brief descriptions and history.
	www.pennyport.com (1818 words)

	Quest Coins in Telarus
		Coins will be paid 60 days after the recruit's acceptance is made official.
		Any Resigning Citizen with QCC Coins in their Telarus Bank Account, has 30 days from the time of their Resignation, to to Transfer those coins into an Independant account, or to their new Bank, in their new Realm Account should they have one.
		However, if there are not enough coins to cover the loan amount, the Kingdom Treasurer will NOT reimburse the loaner the rest of the coins.
	www.angelfire.com /co4/telarus/QCCinTS.html (1642 words)

	Decreases in the stockpile of Susan B. Anthony Dollars
		The coins are now leaving the Fed at the rate of 55 million a year, according to James Benfield of the Coin Coalition, a lobbying group that pressed for a new dollar coin -- and at that rate, the supply will be totally exhausted before the end of this year.
		The new dollar coin authorized by Congress is scheduled for release in January 2000, presumably with a design depicting Sacajawea (or Sacagawea, as the name is often spelled), the Shoshone Indian maiden who helped guide the Lewis and Clark expedition to the Pacific Northwest.
		In recent years, however, that stockpile has been shrinking because of increased use of the coins by tunnel and toll-road authorities and, most importantly, the U.S. Postal Service, which accepts the mini-dollar in its stamp-vending machines.
	www.pcgs.com /articles/article621.chtml (394 words)

	C
		The goals of the Coin Coalition are to cause the newly authorized $1 coin to circulate in sufficient quantities to enable coin-operated industries and mass transit to operate more efficiently and to have the $1 coin be perceived by the public as a convenient alternative to the $1 Federal Reserve note.
		Coin Varieties Club is a FREE on-line coin club dedicated to you the collector.
		The mission of the Club and the Clubs website is to educate the coin collecting community on the different coin varieties.
	members.tripod.com /hasfam/id19.htm (313 words)

	Money Matters: Coin and Counterfeiting Issues (Site not responding. Last check: 2007-10-12)
		For example, as the Mint issues each new coin design, Reserve Banks have suspended their normal payment practice of first paying out previously circulated coins to depository institutions and instead have paid out the new designs for initial introduction periods ranging from a few weeks to two years, in the case of the Golden Dollar.
		One of the adjunct aspects of the dollar coin legislation is to have a spousal coin—generally referred to as First Ladies, but you never know in the time this all goes along—and part of it was to have, I guess, a.999 bullion coin and then some discussion later of cutting that in half.
		The $1 coin will give the artists and designers the ability to work with the U.S. Mint and their sculptors to create dramatic and dynamic coins we can all be proud of.
	commdocs.house.gov /committees/bank/hba96545.000/hba96545_0.HTM (16351 words)

	Auto Care Forum Jim Benfield's Token vs Sacs
		Jim Benfield formed the Coin Coalition in 1987, which is supported by the ICA,vending industry, mass transit, cash retailers, the visually impaired and public interest groups.
		On buses, $1 coins could be counted for a tenth the cost of a $1 bill, but Metro will not expend any resources to encourage coin payment over paper payment -- because they want to discourage cash payment across the board.
		Of course, the true utility of the $1 coin is that it replaces four quarters and brings speed and convenience directly to the customer.
	www.autocareforum.com /jimbenfield.html (795 words)

	Should the penny be abolished? - Jul. 1, 2003
		Penny haters argue the coin is obsolete and costs more to make than it's worth.
		The late Jim Benfield, who died in November 2002, was a leader of the Coin Coalition, a lobby that wants the penny banished.
		According to the Coin Coalition, on the other hand, the zinc industry funds Americans for Common Cents.
	money.cnn.com /2003/07/01/pf/banking/pennies (767 words)

	Lobbyist urges penny's demise, call for $1 cooper-based coin American Metal Market - Find Articles
		Besides, the Treasury is now storing about 500 million Susan B. Anthony dollar coins, which went over like a lead balloon with consumers after their 1979 debut.
		"You can't confuse them with other coins because their color is yellowish,' he said, due to their 40 percent to 80 percent copper composition.
		Under the coalition's plan, purchases ending in 1, 2, 6 and 7 would be rounded down to the next nickel and those ending in 3, 4, 8 and 9 would go up.
	www.findarticles.com /p/articles/mi_m3MKT/is_v95/ai_4668803 (890 words)

	Washingtonpost.com: A Dollar Coin, Wrapped in an Allegory, Within a Representation
		As you've heard, a new dollar coin will be jangling in our pockets in a few months.
		This is due to the U.S. One Dollar Coin Act of 1997 (soon to be a major motion picture starring Bruce Willis), which mandated that the Treasury Department finally figure out how to make a dollar coin that doesn't feel and look like a quarter.
		Jim Benfield, executive director of the Coin Coalition, and a Statue of Liberty advocate, says, "I saw Sacagawea and I said, 'My gosh, this is it, she's not a Democrat, she's not a Republican, and best of all, we don't know what she looked like, so we can make her pretty.'"
	www.washingtonpost.com /wp-srv/columnists/achenbach/oct99/rough29.htm (726 words)

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