"Usa Act" May Kill Penny, Nickel & $1 Bill

Again, change, people hate change. The solution is to not give them a choice. Did the citizens of Canada get to choose? No, the government made the change and everyone survived. We must do the same, however, I do not believe that public opinion is the real issue (only an excuse). The real problem is the lobbyists keeping the status quo.


I am sure we will survive. Just think of the $1, $2, $5,$10, and $20 sets we will enjoy building!

jbuck has the gist of it the reason the dollar coin has failed repeatedly is that the dollar bill was still an option. Heck when I spend dollar coins almost every cashier is like wow as if they had never seen them or didn't even knew they existed. Honestly how many people carry cash anyways nowdays whats the percentage there people would quickly adapt to the dollar coin if it was the only option or just keep moving more and more to just carrying debit cards.

The penny or cent to still be making is ridiculous just another fine example of our government throwing money away. Lets keep producing something that is only worth a fraction of what it costs to make and has zero buying power ZERO you can not buy a single thing for a cent much less 10 of these little buggers. Drop some pennies on the ground and see how many people bother to pick them up. Our country was smarter in the 1850's then it is now when they realized hey the Half Cent really doesn't have much buying power and costs too much to make lets eliminate it.

Yes the copper memorials and nickels are hoarded.

Unless the nickels and cents are recalled, they will be floating around in change jars for generations.

There's this part of me that believes that the public *should* be given a choice in this and some other matters I won't get into (for fear of touching off a political discussion).

I do think you're correct re the lobbyists. And in the case of the cent, the Congressional delegation from Illinois.

And you're correct in people not wanting change, especially to their change.

I liked the states quarters and I'm glad we did them, but I can't say that about the ATB Quarters or the Prexibux.

Those Presidential dollars *do* look like game tokens, reminding me of the aluminum coins that Shell gas stations used to hand out many years ago.

I read a article about the Statehood collectors about how much money they mint made from these because of all the hoarding and how these are starting to slowly work there way back into circulation. How many grandmas or kids have a complete set of these sitting on a shelf somewhere that until they re-enter circulation were a complete success. I know we have 5 complete sets of these in my house (4 d mint sets that my wife was putting together for her brothers that never made it to there desired targets and a P & D set that I put together). That means I have $75 of quarters just sitting in books that is really only worth $75 I'd be lucky to talk anyone into paying me more than $75 for them. I found them fun to collect and they are fun to have but yea they aren't worth anything. I am also doing the ATB Quarters and I do the Presidential dollars and sac dollars (I might be luckier to get more than face value there because of the lack of collections in those markets).

That's why the mint keeps trying to make these sets from the ATB the Presidential dollars the more people set them aside the more of a pure profit venture they are they keep hoping to strike gold a second time like they did with the Statehood Quarters. But the Statehood Quarters was unique because it was the first major design change to circulating coinage in 35 years. The designs had grown stale the Lincoln Cent has been around since 1909, the Jefferson nickel since 1938, the Roosevelt dime since 1946, the Washington quarter since 1932 and the Kennedy half since 1964 (granted that coin no longer circulated by 1999). It was something new it was something different and it was something to collect and a lot of people did. It was also a coin that was heavily used and you could pull a set out of circulation. Its now 2014 we have seen a different design on the quarters for 15 years that uniqueness is gone. Dollars didn't work because they never circulated the quarter was a perfect medium.

When he said it would move six feet, I think he meant it would move six feet under.

if they get rid of the dollar bill, what will all those people do at gentleman's clubs?