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Should Sbas Be Left In Circulation If We Ax The $1 Bill?

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nalaberong's Avatar
Canada
2805 Posts
 Posted 03/24/2013  12:01 am  Show Profile   Bookmark this reply Add nalaberong to your friends list Get a Link to this Reply

Quote:
I would also like to see an American version of the Toonie as I think that particular Canadian coin is the most attractive circulating coin out there.

Okay, here's my solution...
1. US Mint picks out SBAs from circulation.
2. US Mint makes SBA-shaped rings that say something like "UNITED STATES OF AMERICA, LIBERTY, FREEDOM, SECOND AMENDMENT RIGHTS, ETC." and have a dead president (preferably more than one) on them.
3. US Mint mints the SBAs into the rings and stamps a "TWO" over the "ONE" on the SBA.
4. US Mint makes massive profits over collectors trying to collect all possible SBA date/new date combinations (like Spanish pesetas).
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billymac11's Avatar
United States
613 Posts
 Posted 03/27/2013  3:38 pm  Show Profile   Bookmark this reply Add billymac11 to your friends list Get a Link to this Reply
Keep Susie. No purpose would be served by removing them from circulation, especially if it were at the same time as ending $1 bills.
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trout1105's Avatar
Australia
7096 Posts
 Posted 03/27/2013  4:03 pm  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply
From what I can see the dollar coin in the US has NEVER been utilised to it's full extent.
You only have to look at the condition of the Morgan and Peace dollars available to see that they were not circulated much.
The Ike's and the new SBA type coins are pretty much in the same boat.
If the Dollar note was made redundant I would imagine the Dollar coins would finally get used simply because there would be no other way to make change.

The changeover from Stirling to decimal went rather smoothly in Aus.
3 coin sizes were retained 5,10 and 20 cent replacing the 6d,1/- and the florin.
A new coin was created the 50 cents.
we had 1 and 2 cent coins but these were demonetised in the 90's .
When the 1 and 2 dollar notes ceased to be made (old ones are still legal tender) 2 new coins were created the 1 and 2 dollars.
These 1 and 2 dollar coins are probably the MOST used coins here in Aus.

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skyshark124's Avatar
United States
1109 Posts
 Posted 03/27/2013  5:20 pm  Show Profile   Bookmark this reply Add skyshark124 to your friends list Get a Link to this Reply
I just got a pile of foreign coins from my step father and several Australian 1 and 2 cent coins were in there. I like the designs. I think our paper money and coin money should mirror each other. For example, we have 1, 5, 10, 25 and 50 cent pieces. We should have 1, 5, 10, 25 and 50 bills too. Somehow a $20 bill got slipped in, but we got rid of the 20 cent piece. Oh well. Maybe I just like the idea of a coin/paper parallel.
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