Are $2 Coins Viable In Usa?

I still see change and bills being used. But I am not in a big city either. I am under the impression, right or wrong I don't know since I cannot be everywhere to see, that a lot of rural areas still use money.

I like fleamarkets, garage sales, rummage sales, auctions etc. (good places to find glass insulators!); also farmer's markets, and homegrown produce stands. I also go to a lot of insulator shows (as dealer and buyer). None of these use cards and the cash still flows in these crowds.

Contactless cards that require no signature or PIN for purchases under $10 should be doable now. The sensible thing would be to reduce coin production to dimes and quarters only starting immediately. It's too late for the $1 and $2 coin, we should be moving onto the next thing.

The main problem I see with the contact-less card is that, although the tech has been available for sometime, these types of things are hackable, traceable, and would require (again) the common man who ever wants to sell anything privately to buy a machine to accept payments.

The second problem is that I don't want to go back to bartering with chickens and cows for private sales.

Oh, Johnny, you want to put up a lemonade stand? Good! here is your pay-all card acceptor so taxes will be automatically deducted from each sale you make. And don't forget to activate the advert-tracker-blocker or we will be flooded with more local grocery store coupons for lemons, powdered drink companies...

In the early days of the internet, no one, foresaw situations such as the current one. When logging onto CCF to read this thread, my system blocked Google Analytics, Statcounter, Facebook Connect, Twitter Button, Pinterest, ebay Stats,and VIgLink trackers keeping an eye on my movements.

No thanks to this kind of garbage if I decide to sell excess tomatoes from my garden to passersby!

Why not just have both options...coins and bills? Variety is the spice of life!

Oh, but wait, we do...at least for the dollar coins... plastic and paypal also.

Bring on the two dollar coins as a new OPTION (specifically the silver proof and reverse silver proof versions). But limit production b/c they too will be like the Ikes were/are - loved only by collectors.

I don't see that happening outside of countries that are deathly afraid of counterfeiting. Britain had a massive counterfeiting scare at the end of WWII that forced them to demonetize all banknotes greater than 5 pounds. They very slowly printed new 10, 20 and 50 pound banknotes. Since they have not announced a schedule to replace the 50 pound banknote with polymer, many people believe that they will not replace that denomination.

Even Sweden is headed towards 1% of GDP being circulated in cash. But they have stated that the existence of some cash meets a basic right of citizens.

There are so many political and practical ramifications of having absolutely no cash at all.

I am in favor of some limits. I really think we should stop printing the new color $100 banknote once we reach a trillion dollars. Instead we just keep printing more and more cash even measured as percentage of GDP. Eventually it will catch up with us.

I think that a $1 and $2 coin would make sense. However, I remember all the people complaining about the Susan B's. The mint really botched that up but good. Imagine making a dollar coin just a tad bigger than a quarter. A lost of people were paying with the dollar coin thinking they're paying with a quarter. It was poor planning on the mint's part.

Even the current Sacajewa and presidential coins are not being accepted by the general public (and they're a different color that a quarter). The stores don't have a space in their tills for it.

As was said earlier do away with the paper currency and the coins will have to be accepted. Until then this topic is really esoteric and whistling to yourself in a gale. A good idea but going nowhere.

I am in favor of a $2 coin. I think circulating commemorative designs, which could change every year or according to a schedule, would be nice. Please, no more dead presidents on any coins! Of course they would circulate better without the $1 or $2 bills, but we all know where that is going. I would even be ok with a non-circulating commemorative $2 coin.

Russia introduced monometallic 10 ruble coins in 2009, and stopped making new 10 ruble notes around the same time. (Commemorative bimetallic 10 ruble coins had existed since 2000, and occasionally appeared in circulation.) At the time, 10 rubles was worth about 35 cents in American currency (give or take a few).

In late 2011, it turned out that there was a shortage of 10 ruble coins, so there was an extra order of 10 ruble notes. (I have no idea whether those extra-order notes are in any way distinguishable from regular ones - the Russian serial number system is weird.)
Even now, I still get a paper 10 ruble note in my change occasionally (a lot more often than any kind of commemorative). Of course it's only worth about 15 cents today.

OTOH, the 5 ruble note of 1997 had lost the battle to the coin pretty much immediately; the last time I've seen that note in circulation was in 2003 (and by then most people I showed it to were surprised to find out that 5 ruble notes even existed).
On my googling I found an article from 2004 about a woman who tried to pay with a 5 ruble note - and was met with an answer that they were demonetized (they weren't, and are technically still legal tender, not that anyone would realistically use them).

EDIT: there was also a series (2011-14) of not-really-circulating 25 ruble commemoratives, and of course there's all sorts of large-ish denominations (still orders of magnitude below metal value) on gold and large silver NCLT.