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 Replies: 26 / Views: 3,991 |
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Pillar of the Community
United States
1796 Posts |
The 1/2 cent was eliminated when it was worth about 11 cents modern money because it was "too small." :-)
Edited by SteveCaruso
01/19/2015 11:14 am
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Pillar of the Community
United States
1750 Posts |
All we need are $1, $2, 50c and 10c coins. Make the 50c smaller and octagonal. Round to tens and get rid of the 25c, 5c and 1c coins. The idea is to make cash transactions fast and easy, to benefit commerce. There should also be a significant tactile difference between the four coins for the visually impaired.
Edited by DoubleEagle20
01/18/2015 7:38 pm
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Pillar of the Community
United States
1566 Posts |
Those are great ideas DoubleEagle20. We just can't do away with my beloved cent.  Edited by Celticsoul
01/18/2015 9:52 pm
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Moderator
 United States
189969 Posts |
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(Im looking at you too quarter, because without the nickel nobody needs you!) Funny, but true.  Quote:
Where is option #3: Get rid of the penny AND the nickel"? I could add it.  Quote:
The 1/2 cent was eliminated when it was worth about 11 cents modern money because it was "to small." :-) And we survived! Imagine that!  Quote:
All we need are $1, $2, 50c and 10c coins. Make the 50c smaller and octagonal. Round to tens and get rid of the 25c, 5c and 1c coins. The idea is to make cash transactions fast and easy, to benefit commerce. There should also be a significant tactile difference between the four coins for the visually impaired. I would vote for this option. Just saying.  Quote:
We just can't do away with my beloved cent. Yes we can. At least for circulation. I fully support keeping the cent as NIFC. Make it bronze, put it in the annual sets, and charge a premium for bags/rolls. Just like the mint has done with the half dollar the last 14 years. |
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Pillar of the Community
United States
604 Posts |
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"Does anybody really care about the nickel?"
What....really?
The simple answer is yes.
This will be my 38th year in my passion of collecting the nickel. Currently I'm very close now to completing the entire denomination from 1866-Date (P,D,S).
From these many years now I am proud to say I have also acquired an impressive library on this denomination.
Am I willing to accept change by dropping the nickel....Yes
Would I stop collecting them....Not a chance!
Edited by Nickel Guy
01/19/2015 12:13 pm
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Moderator
United States
189969 Posts |
Quote:
Am I willing to accept change by dropping the nickel....Yes
Would I stop collecting them....Not a chance! Well said. Last time I checked, plenty of use collect the Half Cent, Two Cents, Three Cents, and Twenty Cents coins. |
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Pillar of the Community
United States
3276 Posts |
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6. Get rid of all coins. Just credit and debit cards. I actually vote this. lol. Credit cards give me reward points to spend on coins. Spending coins gives me squat. And... Modern coins are trash (IMO). All the great classics remain so we are not at a loss. |
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Pillar of the Community
708 Posts |
jbuck, I still say that, if we get rid of pennies, nickels and quarters, that 20-cent coin/fifth needs the come back. I don't care if we do not have a 2-cent coin now, and that people suggest that the dime would be like the new penny. I WANT the coins to be 10c, 20c, 50c, $1, $2, and $5 coins. (Many cash drawers, from what I heard, can be set up for "six-coin" slots. Then would would just have to reissue a few of the large denomination bills to fill the bill slot gaps and go, $10, $20, $50, $100, $200/$500/$1,000. Edited by Fox
01/20/2015 4:59 pm
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Moderator
United States
189969 Posts |
I would not be opposed to a Twenty Cent coin if the dime becomes the bottom denomination. I just do not think it is necessary. |
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Pillar of the Community
United States
927 Posts |
There will never be a 20 cent coin minted in the U.S. again for circulation, even if the dime is the smallest denomination minted. We have not had a 2 cent coin for over 140 years and I didn't hear cries to mint this again. I also think the nickel should stay, at least for now.
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Pillar of the Community
United States
1158 Posts |
Round to the nearest Quarter and call it a day.
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Pillar of the Community
United States
567 Posts |
We should get rid of everything under the quarter. The new designs don't particularly appeal to me either, the new Jefferson nickels are atrociously ugly. |
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Moderator
United States
189969 Posts |
I brought this up in the another thread, how I (and probably a lot of you) round the entries on our tax returns to the nearest dollar. Rounding to the dollar has not hurt me or the tax man. With that said, maybe we should be more proactive... Kill everything under the dollar, kill the one/two/five dollar notes, and bring in one and five dollar coins.  |
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Pillar of the Community
 United States
767 Posts |
What about a system of nothing but coins? Who needs dollar notes?
All us guys would just have to start carrying coin purses instead of wallets.
For twenty, fifty, and hundred dollar coins, maybe we could get gold and silver back in to circulation?
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Moderator
United States
189969 Posts |
Gold and silver will never come back to circulation. That ship has sailed.
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Replies: 26 / Views: 3,991 |
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First Page
Posted 01/18/2015 7:31 pm
