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Pillar of the Community
 708 Posts |
Wasn't the U.S. 3-cent silver coin called a "trime"? Also, I can't see it being overly bad getting used to Half Dimes and even smaller pennies, if that made them cheaper. Either that, or make the dime the size of the nickel, the nickel the size of the dime, and the penny the size of the Half Dime, because, like I said, who really cares if you lose a one cent coin or two, while handling them? They're practically useless to buy things. |
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Moderator
 United States
188770 Posts |
Quote:
Wasn't the U.S. 3-cent silver coin called a "trime"? Yes, it is called that now, but I am not sure if that term was contemporary. Someone else will need to confirm. Quote:Also, I can't see it being overly bad getting used to Half Dimes and even smaller pennies, if that made them cheaper. Remember material cost does not matter, at least for the cent (minting and handling is still more than a cent for a cent). |
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Pillar of the Community
708 Posts |
Yes, jbuck. I know that, unless you could go "abra cadabra" and make the one cent coins appear, and deliver themselves to consumers, you're just wasting money if you produce them.  (You might even share the same success if "hocus pocus" worked as well.  ) Edited by Fox
06/04/2015 4:31 pm
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Moderator
United States
188770 Posts |
I just wish someone would Avada Kedavra the circulating cent.  |
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Pillar of the Community
United States
4963 Posts |
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Numisma hits it on the head. We are stuck with the quarter because by the time it was discovered to be the wrong coin it was too late. The quarter came into being because US currency was still being based on 8's even though it was a decimal system. The Spanish Dollar upon which our entire currency system was built was often divided in half, then in half again, then in half a third time. We are lucky they didn't come up with a 12.5 cent coin (which would have likely been called a "Bit") instead of the Dime. Thanks, but I was really just speculating. Personally, I think it would be better if our entire numeric system was in base 8, 12 or 16 instead of 10, but we're a couple thousand years too late for that. If that was the case, I would be happy with half, quarter and eighth dollars. Quote:
We are lucky they didn't come up with a 12.5 cent coin (which would have likely been called a "Bit") instead of the Dime. They sort of did. Spanish/Latin American Reales, exchangeable at 8 to the dollar, widely circulated in the U.S. until 1857. Half Reales also were used, equal to 6.25 cents. |
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Pillar of the Community
United States
4963 Posts |
I would also like to say that although I like the idea of a coin's size being directly proportional to face value, the 5 cent nickel is probably a more logical option- I often have trouble picking up a Half Dime or trime off of a flat surface where I can see it. And just imagine how tiny the cents would be. However, I'm all for getting rid of them all together, as stated in my rant earlier in this thread. |
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Posted 06/04/2015 3:17 pm
