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Should The Mint Stop Making Dollar Bills And Switch To Dollar Coins?

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Pillar of the Community
Canada
683 Posts
 Posted 12/02/2018  06:57 am  Show Profile   Bookmark this reply Add Optimist-numismatist to your friends list

Quote:
. Like mining an asteroid? Plausible!


I mean, you're not wrong.
New Member
United States
17 Posts
 Posted 12/02/2018  2:03 pm  Show Profile   Bookmark this reply Add Modern Coin Collector to your friends list
I like spending half dollars and golden dollar coins. They last decades longer than the bills do, but they take up a lot of space quickly and most people don't know what to do with them. Two dollar bills are fun to use also, but people always get confused when counting them.
Bedrock of the Community
13014 Posts
 Posted 12/02/2018  2:21 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list

Quote:
Like mining an asteroid? Plausible!


Even then that would very likely end up in some very expensive rounds/bars which the novelty would likely be a strong seller. By the time we can mine the universe like its just another everyday activity the whole only PMs are money position will be way more fringe than it is today.
Bedrock of the Community
United States
17884 Posts
 Posted 12/03/2018  11:05 am  Show Profile   Bookmark this reply Add Conder101 to your friends list

Quote:
We do not have enough silver in the world to supply what is needed for silver coinage.

Actually we might, but it would require a MAJOR revaluation of the currency
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United States
188213 Posts
 Posted 12/03/2018  11:05 am  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
Even then that would very likely end up in some very expensive rounds/bars which the novelty would likely be a strong seller. By the time we can mine the universe like its just another everyday activity the whole only PMs are money position will be way more fringe than it is today.
Such the pessimist.


Quote:
Actually we might, but it would require a MAJOR revaluation of the currency
Which will likely never happen either, so we do not.
Pillar of the Community
United States
2463 Posts
 Posted 12/03/2018  2:41 pm  Show Profile   Bookmark this reply Add MrPink2018 to your friends list
@jbuck

*shrugs* whether there is or not that is my Two Cents.
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United States
188213 Posts
New Member
United States
10 Posts
 Posted 12/11/2018  6:53 pm  Show Profile   Bookmark this reply Add Eraserman to your friends list
Technically speaking the mint has never made a dollar bill.

The mint handles coins not bills.

The bep handles bills.
Valued Member
United States
392 Posts
 Posted 12/11/2018  7:32 pm  Show Profile   Bookmark this reply Add Lionel90 to your friends list
I like my bills. My wallet is full of ones and fives.
I don't like change in my pocket.
What if we end up cashless? That's a question for another poll.
Pillar of the Community
United States
1748 Posts
 Posted 12/11/2018  9:15 pm  Show Profile   Bookmark this reply Add DoubleEagle20 to your friends list
Time to start rounding to nearest ten cents on cash transactions. We only need 4 circulating coins.

The dime, a new octagonal and smaller half dollar, the present dollar coin and a new bimetallic 2 dollar coin.

Time to get rid of the cent, nickel and quarter.
Edited by DoubleEagle20
12/11/2018 9:18 pm
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United States
188213 Posts
Pillar of the Community
United States
593 Posts
 Posted 12/12/2018  8:08 pm  Show Profile   Bookmark this reply Add larsdog to your friends list

Quote:
Time to start rounding to nearest ten cents on cash transactions. We only need 4 circulating coins.

The dime, a new octagonal and smaller half dollar, the present dollar coin and a new bimetallic 2 dollar coin.

Time to get rid of the cent, nickel and quarter.


I agree completely, but we need snappy nicknames like the Looney and the Twoney!

I was in Sweden last summer and they didn't take ANY cash (paper or coin) at a lot of places. Credit and Debit cards ONLY. I would think that is where we are headed, but we successfully called in sick for "Convert to Metric" day, so who knows!
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United States
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 Posted 12/13/2018  09:37 am  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
I would think that is where we are headed, but we successfully called in sick for "Convert to Metric" day, so who knows!
Oh, so very true.
Pillar of the Community
United States
5887 Posts
 Posted 12/15/2018  11:53 pm  Show Profile   Bookmark this reply Add CoinHunter27 to your friends list
Man, some of these posts are funny.
I agree with a lot of you, but I personally think we should keep the cent. We have such uneven amounts of money to pay now with so many taxes. Maybe we should all start rounding.
Anyways, thanks for all the great discussion. Happy hunting to all!

-CH27
Collector of U.S. Coins, Varieties, and Colonial Coinage
Valued Member
United States
392 Posts
 Posted 12/16/2018  05:16 am  Show Profile   Bookmark this reply Add Lionel90 to your friends list
If we just had the cool bimetal coins like our friends up north,then I would change my tune about using dollar and two dollar coins.
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