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 Replies: 46 / Views: 2,649 |
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Pillar of the Community
 United States
4541 Posts |
Half- and dollar coins are too heavy. We only need nickels, dimes, and quarters IMO.
In fact, I no longer carry any coins in my wallet. Just paper money. And the quarters I need for the laundry machine I get in rolls from the local bank which I store in a kitchen cabinet.
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Pillar of the Community
United States
7165 Posts |
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Modernization of American currency would only require 4 coins.
The current dime, a new 50 cent piece somewhat similar to the British 50p, the current dollar coins and a new bimetallic 2 dollar coin smaller than the 1 dollar with intermittent reeding.
Get rid of the $1 and $2 notes, cent, nickel and quarter and round to the nearest tens. Sounds like a good plan to me. Though I'm curious about the argument for a $2 anything when we've survived without it for so long? (yeah, I know the bill exists but as far as I can tell it's unused)
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Valued Member
United States
80 Posts |
Just replace the penny with a 2 cent piece for like 10 years and leave current Pennys in circulation. More and more transactions are digital and by time Pennys start to dwindle in number people would have fully moved on
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Bedrock of the Community
United States
17528 Posts |
Anyone care to draft an appropriate eulogy for the Lincoln Cent? |
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Valued Member
United States
58 Posts |
The only way I'd support the death of the Lincoln Cent is if it were immediately followed by the birth of the Millard Fillmore cent. Dude is the Rodney Dangerfield of presidents.  |
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Moderator
 United States
164459 Posts |
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Sounds like a good plan to me. I am good with any plan that removes cents, nickels, and any paper below the five from circulation. 
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Moderator
United States
164459 Posts |
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Interesting article in The New York Times Magazine dated September 8, 2024, titled "Stop Making Cents" that calls for the U.S. Mint to cease production of the penny. Your reply and all subsequent ones to the ten year old topic have been merged into this current topic which referenced the article. 
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Moderator
United States
164459 Posts |
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End production after the 2026 sestercentennial, IMO. Start making bronze cents at the SF mint for collectors in proof and uncirculated. 
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Moderator
United States
164459 Posts |
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The people in the US wouldn't miss them either! It's utterly ridiculous that we're still minting and moving pennies! An entire truck load ends-up using more gas, time and equipment wear than they are worth. All change under a quarter should be eliminated ASAP in America. Well said! 
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Moderator
United States
164459 Posts |
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Just replace the penny with a 2 cent piece for like 10 years... Negative.  We are already past the point where the nickel is not worth the effort. The dime is next.
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Moderator
United States
164459 Posts |
Quote: The only way I'd support the death of the Lincoln Cent is if it were immediately followed by the birth of the Millard Fillmore cent. Dude is the Rodney Dangerfield of presidents. 
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Bedrock of the Community
United States
19676 Posts |
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We are already past the point where the nickel is not worth the effort. The dime is next. Our government has inflated coins out of any value, all denominations are basically worthless to society. I call for the elimination of all coins and to end their production (except for collectors). The cost savings of eliminating circulating coinage is enormous! *** Staff Edit - Let's try to keep this from getting political ***
Lincoln Cent Lover!VERDI-CARE™ INVENTOR https://verdi.care/
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Moderator
United States
164459 Posts |
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I call for the elimination of all coins and to end their production (except for collectors). This works for me. They just need to have bronze cents as part of it.
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Bedrock of the Community
United Kingdom
16752 Posts |
The Americans could greatly reduce the need for pennies if the price labels in shops showed the total price including tax. In the UK if the label says £3.27, I can get that amount of money ready and pay cash. In the USA, if I see a price of $3.27, I haven't a clue how much the final cost will be so I give the cashier a $5 bill.
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Moderator
United States
164459 Posts |
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he Americans could greatly reduce the need for pennies if the price labels in shops showed the total price including tax. Some places do that around here, like mom & pop counter service restaurants with big overhead menus stating "Prices include tax." Helps keep the lines (queues) moving.
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Replies: 46 / Views: 2,649 |
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Posted 09/15/2024 5:37 pm
