Are $2 Coins Viable In Usa?

The Canadian poly notes are a joke, there's poor design, bills are severely creased after a few months, the bills stick together, poor tactile feelings, Parker Brothers could have designed a better note. Yes if the US takes the first step of removing the dollar bill, the coins will be a pleasant surprise, your just exchanging a pile of bills with change.

Totally agree and this will be less costly(along with eliminating the penny) to the taxpayers in the long run. Funny how the gov't doesn't seem to care about that.

If the vending machine lobby was able to dictate what composition the Mint was "allowed" to use on dollar coins post-1999, I guarantee they will kill any bill to introduce a $2 coin.

The problem also is that nobody seems to be able to design a coin that "feels" right in our current lineup. I don't know why we don't go with something like the Loonie, but whatever. Nobody likes hauling around Ikes (or even halves for that matter) and from experience, many cashiers get confused when they see dollar coins and halves in the same handful of change. Bi-metallic would make sense, but again with the vending lobby....

Maybe we should just suck it up, reintroduce the Ike, and make a hockey puck of a $2 coin? The $5 can be tea saucers, and $10 can be dinner plates.

I won't ever carry change again. Bills and plastic is all we should need. Why can't all vending machines take bills or credit cards? If you don't want to sell product, just don't adapt. The market will eliminate you eventually.

Did not answer the question or hit the point I am trying to make.


I did not ask IF the government had the right to make what they want.

I asked why an American would DESIRE the government to force us against the specifically,explicitly stated desire of the people when the alleged benefits of the coins have been shown show not to be near what was proposed.

Even as you said - people did not want a fiat money. Yet the government forced it onus. Now it takes two people to make a household go, people don't even OWN their cars and houses anymore, and everyone owes their soul to credit card companies.



Because again the point was missed!

The question again is what is so special about these pocket weights that would make any American actually DESIRE the government to force the majority of the people against their will when its not necessary.

Your answer needs focus on why would a person DESIRE government coercion over majority wishes when not necessary?

The $1 and $2 notes along with the cent coin is costing the US taxpayers Millions each year because Some of the population feel that it is an infringement of their civil liberties to remove the cent and replace the bills with coins.
Good Grief, Make the changes and make the move into the 21st centaury like most other countries have

@ Trout
I respect your opinions on many things on this forum. But just like I could not make a valid observation of Australian culture, having very little concept of what "being an Aussie" means, I do not expect yout to understand what it means to be an American from someone who was brought up in a time where Americanism was more important in our country.

Years ago when I got onto this forum, this debate over the benefits of dollar coins came up. I wanted to know the facts of the cited benefits and savings. And I put my own emotional likes or dislikes aside.

I took a lot of time to go into the government report concerning these and all the benefits and did a lot of math.

Over the last couple of years the results of my studying this are scattered hither and yon in CCF threads - but the homework showed the alleged savings were minimal considering other costs incurred. It looked good on paper b/c of it lessened tax dollar spending from DC. However, not only was the tax dollar saving less substantial than reported (overlooked in the government report due to costs not considered). but in the end, it was the people themselves who end up paying more for increased costs of services. This is exactly what I first experience in Canada with the banks. They said they had to move increased costs of moving hoards of metal vs paper. in fact I was told by the local banks I frequented in Canada that they could not believe the US had not "learned from their mistake," and was going to go to dollar coins.

Another factor that occur ed with theLoonie introduction was an immediate rise in the cost of everything. Prices jumped up to meet the now-one-dollar-is just pocket change concept. Since I shopped across the border frequently, this was a change I noticed right away. This indirect and unplanned dollar devaluation is was partially led to the Twoonie being made (and also the Canadian news and people back then saying they did not like the - as posted previously on CCF).

Non-biased polling of the Canadians who were old enough to remember using bills and the Loonie introduction were also performed on CCF and are recorded here.

Its not matter of IF if it can be made to work. Its a matter that the average Joe will be hit in the pocket once again while paperwork in DC looks a little better (and is backed only by semi-fact). Compared to the large bunch of Canadians I know as personal friends, my money can be in my wallet instead of having to have a large cup full of dollar and two-dollar coin change stuck in the car and/or house.

As to the penny - you are right - its a loss of money and so is the nickel. I have said before I don't have a leg to stand on (except if business won't take advantage and always round up to the highest price) and this is why I normally don't post against anyone saying we need to get rid of them using facts - there aren't any for me to base my opinions on. I recognize legitimate logic and data trump my emotional and nostalgic ideas.

Hmmm, George just gets cleaned in my washing machine. But I recently heard polymer bills can melt in a drier or on a dashboard!

I don't like cards myself (except online payments with the cash already in hand) as I prefer to pay in cash. This is also why I don't have car payments and have not had outstanding debt before except house payments (and that would have been gone by now if I had not been disabled). I did break this rule to have a book published last year though.

I know my situation is not typical in the US today, but I also know people wish they did not have the debts they do.