October 2, 2008

Could the One Dollar Coin Ever Gain Acceptance?

Most likely, you imagine a paper dollar if you think about a dollar. Just like all other paper currency, the dollar can be folded into your pocket with a bunch of other dollars and it’s not very cumbersome. What if we didn’t have paper currency? What if there was a one dollar coin instead of the paper dollar? How do you think people will like the one dollar coin? The public has not accepted it in the past. In truth, most people prefer paper money and view a one dollar coin as more of a collectible than something to spend.

The Silver Dollar

The one and only good quality that has come from the one dollar coin is the way that it looks. There have been various versions of the dollar coin in the past. There was the silver dollar, which has been around for a long time. Now coveted by coin collectors or melted down for their silver content, the silver dollar coin has become more rare. When you do find a silver one dollar coin, it’s almost as if you’ve found a treasure. You can either save it as part of your collection or you can spend it, as it is worth the same as your one dollar paper notes.

The Sacagawea Dollar

More recently, they have released a gold colored one dollar coin. This coin is called the Sacagawea dollar, named after the famous Native American woman printed on it. This one dollar coin quickly fizzled out, just like the silver dollar, and today it’s very rare to see one in circulation. The Sacagawea, too, is most likely in the hands of collectors. This coin probably didn’t gain acceptance for the same reason that the silver dollar coin never caught on. It is too thick and will not fold up like dollar bills. So, will the one dollar coin ever catch on? Maybe, but the government may be going about it the wrong way.

The Presidential Dollar

In 2005, President Bush signed the Presidential $1 Coin Act authorizing the United States Mint to strike $1 coins honoring America’s Presidents in the order in which they served. This coin is similar to the Sacagawea Dollar in size and color. These dollar coins began circulation in 2007 with the George Washington coin. The Presidential coins are seldom seen in circulation for many of the reasons that the Sacagawea Dollar wasn’t accepted by the general public.

Europeans Have It Right

Europe will abandon the paper currency if they begin to distribute coins like the one dollar coin so that people can’t have a choice. If the United States government wants people to use the one dollar coin, they are going to have to stop giving people a choice. People are going to want the less cumbersome, foldable version of the dollar, the paper dollar, leaving the one dollar coin to the collectors.

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5 Tip to Picking the Right Bridesmaid Gifts

Once you have decided to tie the knot, your wedding would involve countless planning and effort. Of course, you would want to express gratitude to all your guests for attending your wedding and for helping you out, particularly the ladies that you chose to be your bridesmaids. Your girlfriends are most likely among your most cherished friends, who have been there for you through good times and bad. Giving them fantastic and unique bridesmaid gifts would remind these women how grateful you are both for their participation in the wedding, as well as for their lasting friendship. Listed below are some tips when you are selecting your bridesmaid gifts:

First, stick to your budget. That budget is there for a reason and that is to ensure that you would not spend excessively on any wedding necessity. Review what your bridesmaids had spent on their dresses, makeup, hair, accommodation and others. It is only proper to give your bridesmaids extravagant gifts if you have assigned them countless tasks to assist you and if they had spent plenty of their personal money to help you out. But if you paid for most things and you did not give them a lot of bridal tasks, it is all right to get them less expensive gifts. Keep in mind that you would need to get a somewhat bigger gift for your maid of honor.

Second, you should determine if you would want to get the bridesmaid similar gifts or if you want to give them various gifts that are in the same price bracket. There are numerous brides who give out personalized gifts to every bridesmaid since it could be a little challenging to find items that everyone would love.

Third, you could give each of the ladies a gift that is based on the bridesmaid’s personality or her hobbies. For instance, if your bridesmaid adores movies, get her a selection of DVDs. If she is into sports, give her some tickets to her favorite games. You could give her a gadget if she is into electronics. And since you’re looking into electronics, they also make fun and cool groomsmen gifts.  When you give personal gifts such as these, it would make your bridesmaids feel that you know them very well and that you have given a lot of thought into what they actually want.

Fourth, you should allot a reasonable period of time for engraving your bridesmaid gifts, or for the guys groomsmen gifts, with their names or their initials. They would cherish your gift more if you make this gift more about them rather than more about you. Plenty of engraving shops could engrave immediately but there those who would need a few weeks.

Lastly, you could surf through the internet and browse through bridal magazines to give you excellent ideas about bridesmaid gifts. It is recommended that you should start looking as early as three months before your wedding day to make sure that you have plenty of time to decide. Remember that these are your best girlfriends and show your appreciation by handing them some well-chosen gifts on your most special day.

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