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Viewpoint: Compromise On Dollar, Cent Use

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TheForce's Avatar
United States
4867 Posts
 Posted 09/22/2013  1:40 pm Show Profile   Bookmark this topic Add TheForce to your friends list Get a Link to this Message Number of Subscribers
Have a look at this article. It makes so much sense!

http://www.numismaster.com/ta/numis...icleId=27251
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welder's Avatar
United States
1037 Posts
 Posted 09/22/2013  4:00 pm  Show Profile   Bookmark this reply Add welder to your friends list Get a Link to this Reply
Interesting article.

So Lincoln would be on the coin dollar and on the $5 note? I do not think that will happen. Since Reagan would be the last president in the Presidential dollar series, why not just let the Reagan coin remain on the new dollar coin using a different reverse to differentiate it from the presidential series.
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nalaberong's Avatar
Canada
2805 Posts
 Posted 09/22/2013  4:10 pm  Show Profile   Bookmark this reply Add nalaberong to your friends list Get a Link to this Reply
Because Reagan is too divisive, and I don't think he won enough wars for that to be overlooked.
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n9jig's Avatar
United States
997 Posts
 Posted 09/22/2013  5:13 pm  Show Profile   Bookmark this reply Add n9jig to your friends list Get a Link to this Reply
He certainly has some good ideas however I don't think the $2 bill will fly. The same folks who got legislation passed to keep Jefferson and Monticello on the nickel will likely fight to keep him on the $2 bill as well. Either way I think it is a moot point, as it too should be replaced with a coin (notwithstanding my other arguments about large coins).

I would not have a problem getting rid of the cent and dollar bills and a re-composition of the 5 cent piece. As far as designs I think we would be better off replacing politicians (AKA presidents etc.) on our coins with depictions of Liberty as was the standard at the beginning of the last century. That would end the bickering over the left vs. right, Republican vs. Democrat etc.
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basebal21's Avatar
13014 Posts
 Posted 09/22/2013  5:23 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Creative but basically no chance of happening. None of those groups are going to give on anything, once you give you send the message that you can just be phased out. Even the author admits theyll likely have a smaller piece of the pie with that idea which again they have no interest in. The only way to get them to take that is if they have a serious threat of just eliminating it completely which they dont have.
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argentum's Avatar
United States
1195 Posts
 Posted 09/22/2013  6:03 pm  Show Profile   Bookmark this reply Add argentum to your friends list Get a Link to this Reply
I'll buy the proposal, only put Washington on the Dollar coin and Lincoln on the quarter to maintain some separation of the two denominations that have Lincoln in them.

For the new Lincoln quarter, the reverse should feature the the wheat heads from the LWC in a wreath surrounding the Union Shield from the modern cent. The obverse, naturally has the Brenner Lincoln.

The new Washington dollar with same obverse of current quarter circulates along side the Sacagawea, both bearing the reverse of the 2000-2008 Sacagawea.
Bedrock of the Community
United States
20753 Posts
 Posted 09/22/2013  7:27 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Articles, stories, reports, newspapers, TV and on and on with all the possible changes to our monitary system. Yet year after year, little to nothing ever happens.
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TheForce's Avatar
United States
4867 Posts
 Posted 09/22/2013  8:24 pm  Show Profile   Bookmark this reply Add TheForce to your friends list Get a Link to this Reply
It's kinda depressing, ain't it? But I am glad this stuff is getting some press out of it.
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708 Posts
 Posted 09/23/2013  01:44 am  Show Profile   Bookmark this reply Add Fox to your friends list Get a Link to this Reply
Here's my idea for the coinage and currency:

No more pennies/cents

No more nickels

Dime: Keep Franklin Roosevelt on front/new reverse

No more quarters

New 20 cent coin/fifth the size of the nickel: Ronald Reagan on front/ a flowing American flag, on the reverse of the new fifth.

Half: Keep John F. Kennedy on front, and reduce the half to the size of the quarter/Susan B. Anthony and Ike dollar's "Eagle Landing on the Moon" reverse.

No more $1 bills.

Dollar Coin: George Washingtom on front. 2000 Sacagawea dollar's eagle design on reverse.

No more $2 bills.

$2 coin: Thomas Jefferson on front/Monticello reverse.

No more $5 bills.

$5 coin: Abebraham Lincoln front/Lincoln Memmorial reverse.

I have no complaints with the $10-$100 bills, however:

Create a $200 bill with Theodore Roosevelt on the front/Mount Rushmore on the reverse.

Reissue the $500 and $1,000 bills and keep the same designs on both sides, which are William McKinley on the $500 and Grover Cleveland on the $1,000, and keep their last reverse, which basically is just their denomination, wrote in fancy numbers and letters, but just update those designs.

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shootnstarz's Avatar
United States
477 Posts
 Posted 09/23/2013  08:52 am  Show Profile   Bookmark this reply Add shootnstarz to your friends list Get a Link to this Reply
I for one don't want to see more small denomination coins, I detest carrying coins or anything else in my pockets. I've changed all my home locks so one key will fit them all in an attempt to lighten my key chain so it has one vehicle key, one truck bed cover key, one house key and one gate key and that's it.

Carrying around $10 in coins versus a $10 bill is no comparison. I love coins as much as the next guy but I have no desire to tote a pocket full around all day when I can slip thousands of dollars in bills in my wallet.

Now, if they made them with silver that would be a different story. Any yes, I know a dimes worth of silver would be about the size of a pin head.

Rick
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jbuck's Avatar
United States
187654 Posts
 Posted 09/23/2013  11:00 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
I was somewhat okay with it until the part about replacing Jefferson with Washington. Not because I prefer one over the other, but because of the clueless people. Imagine someone accepting the one dollar Washington note thinking that it was an older (small head) version of the new (big head) two dollar Washington note. Yes, they would be totally ignoring the '1' on them. You know it will happen.

I do like the ideal of making the nickel Jarden's new cash cow.

With Jarden placated, the only resistance is political. The easy solution is to remove political effigies from all of our money and return to Liberty.
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TheForce's Avatar
United States
4867 Posts
 Posted 09/23/2013  11:28 am  Show Profile   Bookmark this reply Add TheForce to your friends list Get a Link to this Reply
I really wish other images would be used instead of former presidents. Though the nostalgia of having Reagan on a regular circulating coin sounds appealing...the 80's were good!
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nalaberong's Avatar
Canada
2805 Posts
 Posted 09/23/2013  12:54 pm  Show Profile   Bookmark this reply Add nalaberong to your friends list Get a Link to this Reply
Okay, here's mine. I'm just guessing on the designs.

Penny: No
Nickel: No
Dime: Aluminum bronze, a crossed sword and plowshare (because the hammer and sickle is objectionable), Liberty casting a vote?
Fifth: Copper-nickel with a hole through it, 13 stars stuck in a wreath of something, denomination in big letters for the slow learners, maybe a bunch of eagles flying around in circles.
Half: Slightly bigger than the current quarter. Nickel silver. Liberty planting some seeds (yes, this should evoke the French liberty designs). A radiant Phrygian cap, unless that's too Mexican.
Dollar: Same size as today. Liberty reaching out like on the Trade dollar. Maybe there can even be a map of the world involved. Edge lettering same as today, but the date and mint mark are restored to one of the faces. The other side can maybe have another female personification, like Victory in fairly modern soldiers' clothes.
Two dollars: 13-sided (get it), thick and bimetallic. Yes, it is possible to have a non-round bimetallic coin (Jordan, 1/2 dinar). Inner ring is copper-nickel, outer ring is aureate bronze plated over nickel. This has a lovely over-worked ornate Union shield, and on the other side is... um... Liberty riding an eagle? I've run out of patriotic designs. Oh, and include a lateral image, maybe just saying USA and $2.

Five dollars: Another thick coin, pretty big (see the used-every-day-without-complaint Swiss 5-franc coin). Edge has excuse lettering, which is one of the hardest things to fake. Brass center, nickel silver outer ring. I have no idea what would go here, but it can't be a real person.

Ten dollars: A lovely coin that won't circulate. 10 grams of silver in the center with an outer ring of something colorful - maybe even anodized aluminum or just a colorized surface. There is a very ornate wreath filled with symbols of plenty, including the anachronistic (gears, Ethernet cables, maybe a tiny depiction of the coin itself...) Silver isn't used in circulation coins, because these will vanish from banks and be hoarded, but at least they'll do it in style.

People can't agree about politics, but I hope they can agree on the US being a republic, so I went overboard with republican symbols and Liberty.
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jbuck's Avatar
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187654 Posts
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Conder101's Avatar
United States
17884 Posts
 Posted 09/23/2013  5:48 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
Interesting idea to try and placate Jarden with the nickel, but I think you would be in for a real challenge trying to make cupper nickel clad zinc strip. And the waste material after blanking is probably going to be pretty worthless. It may also hurt the market for the scrap from the coppernickel clad blanking as well. Currently the makers of the clad strip buy the wastage to use as raw material for the five cent strip. Jarden may take some of it but a clad nickel would require a lot less coppernickel. Rather than placating Jarden just coincide the cent ending with when their strip contract ends.
Valued Member
United States
317 Posts
 Posted 09/23/2013  8:20 pm  Show Profile   Bookmark this reply Add PennyPiggy to your friends list Get a Link to this Reply
yeah makes total sense to me, why doesn't the author float the idea to ole Joe Bidden and ask him what he thinks of the dollar coins!!

Ohh wait, why don't you just ask the general American public what they want? Ask them if they want to trade in bills for coins.

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