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 Replies: 72 / Views: 6,685 |
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Valued Member
United States
317 Posts |
So you're saying we eventually won't have the pleasure of having Ronald Reagan or Rin Tin Tin on our money?
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Pillar of the Community
United States
1817 Posts |
In 40-50 years, coins and currency will be for collectors only and will be as an archaic nostalgic novelty item for the general public. So yeah, Ronnie and Rin Tin Tin and his pals won't show up soon. Given the state of the American educational system now, there would be young'uns shaking their heads today wondering who these clowns on our money are?
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Valued Member
United States
206 Posts |
I'm with GR58, put Lady Liberty back on our coinage. I've always thought it was a little odd the way we glorify presidents on coins, especially the very recently deceased (see Roosevelt, Kennedy, and Eisenhower): Washington, especially, would have been horrified at what our currency looks like today. I'm not a big fan of political statements, but I think promoting the concept of Liberty is much more preferable than circulating billions of copies of the images of fallable human beings, especially now when politics and politicians have become so divisive. I think Liberty is "someone" we could all get behind.
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Valued Member
United States
324 Posts |
A $2.00 coin is a fine idea but it is step #2. First, we must have a circulating $1.00 coin. That's because they are already made and waiting to circulate. Let's don't put the cart before the horse.
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Valued Member
 United States
95 Posts |
BluegrassRiver, that horse has left the stable long ago. We have had Modern $1 coins for circulation since 1972. I get them in change at vending machines all the time.
Granted the existence of the $1 bill still complicates the matter, but the Canadian Loonie was much more successful because they also had the Toonie. The existence of a $2 coin would help the sputtering $1 coin issue by alleviating the need for so many coins, so if say you were to get $4 change you'd get 2 coins instead of 4.
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Pillar of the Community
Canada
3692 Posts |
@David: The toonie was introduced 9 years after the loonie, so the correlation you made is shaky. * Here's a weird idea: Rectangular coins that snap off from a bigger "bar". You could carry a $10 coin that snaps off into one $5 rectangle, all with Lincoln on them exactly the way it looks on the $5 bill, and five $1 bars that looks exactly like $1 bills, only miniature and metallic. They can get minted at the exact same time, just avoiding different metal plates and machines for each denomination. Saves on dies because you get 6 bills in one and you no longer have to print a $10, $5, and $1 bills. This bar should fit well concealed in the palm of a child's hand and made of a durable alloy (nothing cheap because they will last 50 years plus). The larger denominations would be bigger so that you can't confuse them. You could even make a $100 coin that contains five $20 "bars". You could still have $20, $50, and $100 bills if so desired because they do in fact save space at such a high denominations. Would make for interesting collecting either way, ie. saving coins that are intact. Lol, my Two Cents. But that's too much change. It wouldn't come to fruition for 1500 years. |
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Pillar of the Community
United States
624 Posts |
Nothing against the Gipper... I'm not a fan of putting any politician on US coins (paper money I don't have any strong feeling about). I wish the US Treasury would return to the days when coins were pieces of art. They should be symbols of American values, ideals or extol the virtues of freedom and liberty. Politicians are polarizing figures who objectify rather than identify ideals in currency. I think the introduction of Lincoln on the cent opened the door and when the Treasury replaced the Mercury dime with FDR in 1946, it marked the death knell of US currency... |
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Pillar of the Community
United States
2077 Posts |
They would take up only about half the space it takes to store unused dollar coins.
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Valued Member
United States
95 Posts |
@ Libertad, I remember reading that after phasing out the $1 bill and the Loonie was the only $1 option the demand for the $2 bill increased and the Toonie was born. Canadian were always more receptive to the $2 bill. Canada had a real circulating $2 bill while ours were sporadically printed since 1963.
There is no $2 option available in the US as there was in Canada when they discontinued the $1 bill. And the $1 coin increased the demand for the $2 option which subsequently evolved from currency to coin. This really doesn't support make my stating the the Canadian $1 coin was facilitated by the $2 coin, but it was helped by the $2 option. The US needs a real $2 option
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Valued Member
United States
114 Posts |
We need to bring back images of Liberty on our coins. What we have as of today is exactly what George Washington and the founding fathers fought against: idolization of monarchs/leaders.
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Pillar of the Community
United States
927 Posts |
I have also stated before that I think lady liberty is a better choice than dead presidents on our coins. However, I think that we could use a $2 coin as a circulating (assuming of course that it would circulate) commemorative where it changes each year. Eliminating the $1 bill is also necessary for this to work. If Reagan is the first choice for this $2 coin, so be it.
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Pillar of the Community
Canada
3692 Posts |
Wouldn't it be awesome if the USA had a gasoline dollar: good for one gallon! Inflation-proof!
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Pillar of the Community
United States
2077 Posts |
Ft. Knox could then install a billion gallon tank.
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Bedrock of the Community
United States
17884 Posts |
Quote:
The US needs a real $2 option The two dollar notes are out there and the government still prints them as needed. You stop the dollar note and you will see demand for and production of the two dollar note increase. The $2 option IS there. |
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Valued Member
United States
95 Posts |
@ Conder101, the operative word there is "real." Saying we have a $2 option is as valid as claiming we have a half dollar. there have been recent stories of Police arresting people for trying to use a $2 bill with the cops claiming it was bogus currency after a store owner called them about the customer trying to rip them off. This has happened at both Best Buy and Taco Bell, So you cannot really claim the US has a viable $2 option, Canadians never stopped using the $2 bill which is why the demand increased with the intro of the Loonie and the removal of the $1 bill.
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Replies: 72 / Views: 6,685 |
First Page
Posted 08/04/2013 10:36 am
