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1. Ditch the penny
Agreed, with inflation (that comes with regular economic growth) single pennies are so worthless now. Other than using them to round to the exact change, I don't think they're used in any other way. I've even removed it from my car change and now it's sitting in a plastic bag in my office, lol (don't worry, I've already scoured it for anything valuable and didn't turn up anything). But there are a lot of people against getting rid of the penny because of Lincoln -- the US Mint wanted to get rid of it, but because people and hence Congress was so against that, the Mint changed the composition to zinc because it was the cheapest.
Quote:2. The nickel retains the same size and shape, but it will have Lady liberty (similar to the one in
Mercury dime, but without wings) on the obverse and the classic buffalo on the reverse.
3. The dime has the seated liberty on the obverse like in this pattern coin
https://sep.yimg.com/ca/I/uspatterns_2270_36665103 , I'd prefer the breast to be exposed tho! the reverse depicts the Liberty Bell.
4. The quarter depicts an Indigenous face, but this time an actual person, Sitting Bull on the obverse.
https://en.wikipedia.org/wiki/Sitting_Bull, the reverse shows a grizzly bear, similar to the one in Canadian coin.
5. The Half dollar portrays Martin Luther King, Jr. on the obverse with a flying bald eagle holding an olive branch on the reverse.
Before going into dollar coins, it is assumed that the production of the one-dollar bill has been ceased.
6. The one-dollar coin will have the shape and size of an Australian 50 cent coin (slightly bigger than the half dollar, but not as big as ikes), portraying standing liberty, similar to the US administered Philippines peso
https://en.numista.com/catalogue/pieces4634.html and a full seated portrait of Abraham Lincoln on the reverse
https://farm8.staticflickr.com/7312...28d50a_k.jpg7. A bimetallic $2 coin the size of half dollar, featuring Morgan on the obverse with the image of George Washington crossing the Delaware River on the reverse.
Seems like you're a classic
US coins lover. Rather than returning to 19th century coinage themes (generally speaking), I think we should focus on a new theme. I feel (as a non-US-classic coin collector) that 19th century coinage was focused on "Lady Liberty" designs, and the 20th century focused on presidents and founding fathers. The 21st century should be something different, I think the
State Quarters and
ATB series is a step in the right direction, but they should be more permanent/static designs instead of 5 new ones per year.
I do agree with dollar and 2 dollar coins, but Americans just don't like change (LOL, pun intended). That's one advantage when I travel to a country that uses them (which is pretty much every country I visit haha).
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Now I am a coin collector, and it rattles my nerves that people say get rid of the cent, while we been slugging around halves and dollar coins since the 80s that never get used.and rarley got used pre 1980s even.getting rid of the cent leads to getting rid of the nickel since it becomes the new cent. then that leads to getting rid of the dime ect.
The difference there is a penny doesn't buy you anything today in a store, whereas a half dollar can.
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being from Canada, we saw the 1 dollar and 2 dollar bill get replaced by coins in 1987, and the world didn't come to an end... although the exotic dancers weren't all that thrilled... it's not easy tucking a crown sized coin into a G-string
Oh that's a terrible image. Queen Elizabeth II wouldn't approve of the view down there...
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if the nickel goes, so does the quarter...
While true that probably won't happen for another century at least. For example I visited Rio back in March and tried to collect as many good specimens of their coinage. I was basically told no one uses the 1 centavos (R$ 0.01) coin anymore because it fell into disuse after massive inflation. Coinage needs to be flexible and tied to the times. So if a quarter can buy you something today (and it can obviously) then it's still useful to keep around.
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Yet someone coming back to the USA after 50 years would have no trouble spending the coins and currency they brought back from their previous visit, but in the UK not a single coin or note from 1970 is still legal tender. We changed to decimals in 1971 and have since added new denominations, reduced the size of others and we redesign our banknotes every 15 years or so. The same goes for most of Europe. Spain introduced a completely redesigned coinage and new banknotes between 1982 and 1989 only to see them all replaced by the Euro in 2002.
Well, changing to the decimal system is such a giant overhaul of course pre-1970 coinage isn't legal tender in the UK anymore. That's comparing apples to oranges. Introducing new designs by themselves also doesn't obviate their value as legal tender. I'm fairly certain if I wanted to pay something with a
Morgan dollar today I still can, not that I'd want to lol. As far as I'm aware there are no US laws forbidding using coinage of a certain age. And don't forget the US does introduce new $100, $50, $20, $10, and $5 bills on about the same cadence as European countries.
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Posted 05/13/2020 10:33 am
