Dollar Coin Alliance Lobbyist Says: "It Will Happen"

Early next year? Won't happen. It won't happen for quite some time, if at all.

With the current culture of the American Public, the only way the dollar not can be eliminated is by not printing any more of them. Period.
The American Public will have to be compelled to use the small dollar coin, complete with all of the kicking and screaming that will inevitably happen.
After five years, they will say:
"What dollar note, we once had those, did we?"

The two dollar note has never been popular with the Public.
It will not be a problem to stop printing those.

The new currency system in ten years:
nickels quarters and dollars,
5, 10, 20, 50, 100 and 200 dollar notes.

Sometime in the distant future the 5 dollar note will be no more as well, to be replaced compulsorily with a 5 dollar coin. I think at that time in the future, far fewer people will winge about the change.

First let me state up front that I am in favor of dumping the $1 bill for a $1 coin...that said every special interest group has their own self serving agenda and they would be extremely biased giving answers to questions about their pet project. This is a Forbes article from May, 2014...give it a read:

http://www.forbes.com/sites/stancol...gged-nickel/

p.s. much better goal than halves Fox

I (like most people these days) don't typically carry cash on my person. I can remember the last time I carried a $1 note for the purpose of commerce & not collection. It was during my bachelor party @ a ... well let's just call it a "gentleman's club".

I personally like the idea of coin currency of any denomination, however I don't think the employees of that particular industry will ever be in favor of folks "making it rain" coins & tucking Sacagawea's... but I digress.

@FoxwoodsMan:

My main goal has not changed, and that goal is $2 bills AND halves, only because $2 bills don't have a $2 coin to compete with, and halves don't have 50 cent bills to compete with, while I do not really deal with dollar coins, because people would likely just ask for a $1 bill instead, as I have mentioned time and time again. So, I'm sorry to disappoint you.


@NathanASE:

As I have also said, many times, I want redesigned halves, redesigned $1 bills, redesigned $2 bills, and newly designed, $200 bills, redesigned $500, and possibly redesigned $1,000 bills in circulation (or $1 and $2 coins) And, the reason why I give a... Is because I am BORED with the coin and currency system we have now, and I want to see something NEW in circulation. Thank God the BEP is redesigning the $2 bill some time after the year 2020, when the next currency redesign begins. I hope this finally clarifies things, with the "Why does Fox want $2 bills and halves to circulate" issue.

We are not headed for a cashless society. Its impossible. We need some cash, as there are still going to be private sellers, selling their car, boat or rv, or having a garage sale or whatever. But, no one is going to go out of their way to buy a machine that reads credit cards at their sales or to sell a private item, that will likely cost more than its worth, and will never pay for itself, due to how rarely it is used in the person's lifetime. Also, I have read that, cold hard cash still has at least two generations left, "if" we could ever go cashless, which I doubt. Maybe we could see the elimination of the $50 and $100 bills, because they might die out, due to lack of use, and to control organized crime, as the $500, $1,000, $5,000 and $10,000 bills did. But I still hope it goes in reverse, and the $500 bill, and possibly the $1,000 bill is reissued, and we get a $200 bill in the not so distant future.