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 Replies: 16 / Views: 2,721 |
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Valued Member
Canada
276 Posts |
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Pillar of the Community
 Canada
9864 Posts |
These types of articles are frequent and poorly researched.
Elimination of the nickel also requires elimination of the quarter, makes this proposition much more complicated than it appears.
"Dipping" is not considered cleaning...
-from PCGS website
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Valued Member
Canada
192 Posts |
http://www.cbc.ca/news/business/des...sh-1.3563961 Yeah, I really don't see the nickel going away in 3-4 years... I'm not convinced it means the Quarter would also get the axe.. at the end of the day, all currency exchange is fractional and "rounded-off", even back when we were able to do exchanges to the exact per-cent. I'm trying to imagine the rounding policy now and it is making my brain hurt a little... :) If we assume we transition from a "round to the nearest nickel (5c)" to a round-to-the-dime method and your bill comes to 1.30 and you have a quarter in your change is 1.25 considered payment in full? If not, obviously people would tend to use their quarters only in pairs, I suppose... maybe it would lead to a resurgence of the 50c piece?
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Moderator
 United States
188213 Posts |
Canada, have the courage to do what us silly Americans will not do and axe the nickel.  You have already proven to be better than us thrice with the Loonie, Toonie, and cent.  |
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Moderator
United States
188213 Posts |
Quote:
If we assume we transition from a "round to the nearest nickel (5c)" to a round-to-the-dime method and your bill comes to 1.30 and you have a quarter in your change is 1.25 considered payment in full? If not, obviously people would tend to use their quarters only in pairs, I suppose... maybe it would lead to a resurgence of the 50c piece? The way I see it, at least down here, is we would need to bring in a new half dollar (smaller, golden, maybe with a non-round shape) at the same time. Let the dime and new half-dollar do their job. The quarter will work where it works. I am sure it will still see most of its use in vending machines and other coin-operated devices (parking, car washes, laundry, etc.) If the quarter falls into gradual disuse, so be it, but I see no need to forcibly remove it. |
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Pillar of the Community
Canada
5324 Posts |
Yes as noted, here losing the dollar and two dollar bills and finally the penny was seamless
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Moderator
United States
188213 Posts |
If only we could get the hint. I have given up on sensible coinage reform ever happening here. If I were a betting man (I am not), I would be willing to wager that you will lose your nickel before we lose our cent. |
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Pillar of the Community
Canada
5324 Posts |
Yeah for some reason the US loves their dollar bills
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Moderator
United States
188213 Posts |
They might change their mind if they ever looked at one under a microscope.  |
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Valued Member
Canada
261 Posts |
Drop the nickel and the quarter, introduce 20cent coin and re-introduce 50 cent as a circulation coin. Mint sets would hold $3.80 in coins, only 10 cents less than the current $3.90. Let's go even further, take Elizabeth off the obverse and replace her with Coat of Arms, that solves any debate over whether or not to put Chuck on our coins Put a moose on 50 cent and also use that coin for commemoratives. Edited by McNickel
10/26/2016 5:59 pm
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Valued Member
 Canada
276 Posts |
Edited by the_sifu
10/26/2016 6:01 pm
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Valued Member
Canada
261 Posts |
Quote:
According to a 2002 study published in the Southern Medical Journal, 94 percent of the tested bills had potentially disease-causing organisms. |
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Moderator
United States
188213 Posts |
I like how you think, McNickel.  If someone with Nickel in their username is okay with it, it has to be a good idea.  |
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Valued Member
Canada
261 Posts |
Quote:
If someone with Nickel in their username is okay with it, it has to be a good idea. LOL |
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Bedrock of the Community
United States
10034 Posts |
Anyone ever look at their hands after roll searching?
Wear a pair of white cotton gloves sometime and do it if you want to see dirt and germs.
Coinage also has a terrible smell to it - especially brass/copper etc. alloys. When you have worked handling a lot of any type of money, you will look at all of it as filthy.
Personally I like the way paper money smells, but agree it is still dirty. Its interesting as I am going through a lot of older rolled coins for varieties, just how filthy these things are. The green slime they accumulate is really a pain inside the lettering and mint marks. I also have found three micro-beads of mercury on pennies so far (that I noticed).
How much squash could a Sasquatch squash if a Sasquatch would squash squash? Download and read: Grading the graders Costly TPG ineptitude and No FG Kennedy halveshttps://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2 |
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Pillar of the Community
Canada
3692 Posts |
re: US Dollar Bill
It's symbolic and it's known around the world. That's the only thing that gives it power. You can dream about a one dollar bill. Nobody takes a loonie seriously but a dollar bill has bartering power. Even when coins are completely gone from US trade there will still be a dollar bill. It's showmanship, smoke and mirrors.
Nickels: I've had enough. The only people arguing are the new generation who have never known hard money.
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Replies: 16 / Views: 2,721 |
Posted 10/26/2016 1:00 pm
