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Dca May Give Me An Edge On $200 And $500 Bills

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Pillar of the Community

708 Posts
 Posted 05/29/2013  02:54 am Show Profile   Bookmark this topic Add Fox to your friends list Get a Link to this Message Number of Subscribers
Here is some more news I got from the Dollar Coin Alliance guy about the $200 and $500 bills:

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My email to the DCA:

Would you possibly agree with me with the idea of a $200 bill in 2015, and a $500 bill in 2020, or sooner? I know Canada was talking about the future of their money, and they mentioned, not only a $5 coin, but a $200 and $500 bill, but they said that the $200 bill was years off, and their $500 bill was decades off.



Also, is there any way the Dollar Coin Alliance could help me with getting $200 and $500 bills issued if they succeed with getting rid of the wasteful $1 bill? I'd probably need a group effort to get my ideas rolling. And I may even be willing to have a currency artist draw out proposed sketches of new $200 and $500 bills. On the $200 bill, I want President Theodore Roosevelt on the obverse, because he is the only president on Mount Rushmore who is not on a U.S. coin or currency note (except a Presidential dollar Coin, which really doesn't count as much). And speaking of Mount Rushmore, that is what I want pictured on the reverse of the $200 bill. On the $500 bill, I want President William McKinley retained from the obverse of the Series 1928/1934/1934A retained on the obverse of the new $500 bill, and I also want the oval with the large numeral "500" in the center on the Series 1928/1934/1934A series $500 bill, retained on the reverse on the new $500 bill. I just love that oval with the big 500. Call me a person of bad taste, but that is by far, my favorite design on any currency note I've ever seen.





Also, like I said, if you are having problems with getting rid of the $1 bill, support a $1 bill redesign, because, when another strong dollar coin advocate was alive, he told me, the devil in him wished they would redesign the $1 bill, because vendors already said they would quit accepting $1 bills if they were redesigned. That's something to think about, if it would help, because maybe people would feel they have to carry around dollar coins for their everyday needs and the $1 bill would die off naturally. Again, just a thought.



Please let me know if there is anyone I can turn to to help me with $200 and $500 bills, because that other dollar coin supporter from the "Coin Coalition" had a new $1 bill sketch drawn out, and he told me that, for designs for both sides of the bill the artist charged him around $2,000.

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And here was my reply from the DCA:

Those dates sound good, and we'll see once we're successful with the dollar coin, if we stay around for additional currency reform, such as your suggest. Until we get the dollar coin done, that is our only focus


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So, with a group effort, and THESE ideas, I AM willing to put serious money into, if it seems like it will materialize. This is a more serious issue, even than circulatring halves, if you can believe that. But halves will find there way in there somewhere!


Pillar of the Community
justin3651's Avatar
United States
621 Posts
 Posted 05/29/2013  8:20 pm  Show Profile   Bookmark this reply Add justin3651 to your friends list Get a Link to this Reply
"because vendors already said they would quit accepting $1 bills if they were redesigned."
doubtful, maybe some would try to resist but others who are willing to roll with the times will be happy to slurp up the new market opportunities.
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jbuck's Avatar
United States
188213 Posts
 Posted 05/30/2013  1:31 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
...others who are willing to roll with the times will be happy to slurp up the new market opportunities
I agree. These will be the same people who would round down when the cent is eliminated or happily take the dollar coin when the dollar note is eliminated. Why push away customers when you can attract them.
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