Coin Community Family of Web Sites
Vancouvers #1 Coin and Paper Money Dealer Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Specializing in Modern Numismatics Coin, Banknote and Medal Collectors's Online Mall 300,000 items to help build your collection! FactoryPin — Custom challenge coins for military, police, and organizations. Global shipping, affordable prices, special discounts for service members!
Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Register Now! It's free!
Registering will remove the anchor ads and vignette (between pages) ads.

US Treasury Ordered To Stop Producing New Cents

To participate in the forum you must log in or register.
Author Previous TopicReplies: 194 / Views: 12,385Next Topic
Page: of 13
Pillar of the Community
Learn More...
United States
3907 Posts
 Posted 04/17/2025  11:24 am  Show Profile   Bookmark this reply Add rmpsrpms to your friends list Get a Link to this Reply
I didn't say crypto, which would be illegal and would require a constitutional amendment to introduce as currency. Til then it can only be a commodity. By "digital" I just meant credit cards and such.

But even though I didn't put a smiley, I was 100% joking.
Contact me for photographic equipment or visit my home page at:
https://macrocoins.com
Pillar of the Community
United States
2071 Posts
 Posted 04/17/2025  11:59 am  Show Profile   Bookmark this reply Add coin rejector to your friends list Get a Link to this Reply
Oh, I see. It's still early for me, I need more coffee.
Moderator
Learn More...
jbuck's Avatar
United States
162274 Posts
Pillar of the Community
United States
2071 Posts
 Posted 04/17/2025  2:28 pm  Show Profile   Bookmark this reply Add coin rejector to your friends list Get a Link to this Reply
Pillar of the Community
n9jig's Avatar
United States
974 Posts
 Posted 04/17/2025  3:18 pm  Show Profile   Bookmark this reply Add n9jig to your friends list Get a Link to this Reply
They could eliminate all the subsidiary coinage except the dime. It is small enough to have a bunch and not weigh down a pocket.

Reduce the size and weight of the dollar coin to roughly that of a nickel and perhaps later create a $5 coin roughly the size of a quarter.

Eliminate the $1, $2 notes and later the $5 note as the new coins takeover.
Edited by n9jig
04/17/2025 8:39 pm
Pillar of the Community
Learn More...
United States
3907 Posts
 Posted 04/17/2025  4:08 pm  Show Profile   Bookmark this reply Add rmpsrpms to your friends list Get a Link to this Reply

Quote:
Eliminate the $1, $2 and later the $5 as the new coins takeover.


New coins?
Contact me for photographic equipment or visit my home page at:
https://macrocoins.com
Moderator
Learn More...
jbuck's Avatar
United States
162274 Posts
 Posted 04/17/2025  4:09 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
They could eliminate all the subsidiary coinage except the dime. It is small enough to have a bunch and not weigh down a pocket.


Quote:
Reduce the size and weight of the dollar coin to roughly that of a nickel and perhaps later create a $5 coin roughly the size of a quarter.


Quote:
Eliminate the $1, $2 and later the $5 as the new coins takeover.
Pillar of the Community
n9jig's Avatar
United States
974 Posts
 Posted 04/17/2025  8:40 pm  Show Profile   Bookmark this reply Add n9jig to your friends list Get a Link to this Reply
I edited my post, I meant to say to eliminate the $1, 2 and later the $5 notes as coinage replaces them.
Edited by n9jig
04/17/2025 8:41 pm
Moderator
Learn More...
jbuck's Avatar
United States
162274 Posts
 Posted 04/18/2025  10:55 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I edited my post, I meant to say to eliminate the $1, 2 and later the $5 notes as coinage replaces them.


Let's do it!
Pillar of the Community
Learn More...
United States
3907 Posts
 Posted 04/18/2025  9:34 pm  Show Profile   Bookmark this reply Add rmpsrpms to your friends list Get a Link to this Reply
Now that the meaning is more clear, I'm all on board for eliminating bills and going with coins. But I'd like to see them in Au and Ag as they "should" be. How big would the $1, $5, $10, $20 be in Ag, and the $50, $100 be in Au? Wow, what a Renaissance that would be.
Contact me for photographic equipment or visit my home page at:
https://macrocoins.com
Valued Member
crusherjc's Avatar
United States
134 Posts
 Posted 04/20/2025  09:40 am  Show Profile   Bookmark this reply Add crusherjc to your friends list Get a Link to this Reply
imho, I'd like to keep the cent and five cent coins. The Federal Reserve only orders new coins from the mint, because that's how it has always been!
If the fed reserve and mint can find a way to re-circulate all the billions of cents out there, there wouldn't need to order billions of new ones each year.
I would hope that the heads at the mint would realize it would be a great way to get new collectors by still producing a much smaller amount of pennies and perhaps nickels each year making them more of a collectible. Just don't make them a subscription roll-based item. The women's circ. "S' mint quarters are like this. only a small amount made, but all in rolls, so they will never be rare or hard to find.
Pillar of the Community
n9jig's Avatar
United States
974 Posts
 Posted 04/20/2025  12:41 pm  Show Profile   Bookmark this reply Add n9jig to your friends list Get a Link to this Reply

Quote:
Now that the meaning is more clear, I'm all on board for eliminating bills and going with coins. But I'd like to see them in Au and Ag as they "should" be. How big would the $1, $5, $10, $20 be in Ag, and the $50, $100 be in Au? Wow, what a Renaissance that would be.


While this would be awesome the only way this could work is for a dime-size $2 coin made of silver now.

A more radical proposal (which I have suggested in the past) would be to to revalue the coinage by a factor of 10, that would make a silver coin about the size of the current dime be worth about 20 or 25 "new cents".

None of this would ever happen of course, what is more likely is that coins will eventually not be worth using as inflation keeps going and electronic payments take over, even for small purchases. I was at the quicky mart the other day and a little kid (10 or 12 years old) bought a Snickers Bar with a debit card, his buddy bought a bottle of water with ApplePay on his phone.

Pillar of the Community
Learn More...
United States
3907 Posts
 Posted 04/20/2025  4:37 pm  Show Profile   Bookmark this reply Add rmpsrpms to your friends list Get a Link to this Reply

Quote:
a little kid (10 or 12 years old) bought a Snickers Bar with a debit card, his buddy bought a bottle of water with ApplePay on his phone


The end is nigh.
Contact me for photographic equipment or visit my home page at:
https://macrocoins.com
Moderator
Learn More...
jbuck's Avatar
United States
162274 Posts
 Posted 04/21/2025  11:20 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
The end is nigh.
To steal a quote from Russell Casse (Randy Quaid) in Independence Day...

I've been sayin' it....
  Previous TopicReplies: 194 / Views: 12,385Next Topic
Page: of 13

To participate in the forum you must log in or register.



    





Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2025 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2025 Coin Community Forums
It took 0.44 seconds to rattle this change. Forums