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<p>[QUOTE="NorthKorea, post: 1300248, member: 29643"]For what it's worth, I advocate for elimination of the penny (and the nickel), with the "change" being allocated to taxes. I don't think we should reintroduce the half-dollar into circulation, and I don't think we should get rid of the $1 note or replace it with the $2 note.</p><p><br /></p><p>If we really want to amend the coinage of the US, we would need to get rid of the penny and nickel simultaneously OR re-introduce something akin to the "half dime." Since the half-dime failed (probably due to the increased likelihood of losing it), that measure would probably be viewed as non-sense. That would leave us with a dime, quarter and dollar coin. The dollar coin looks different than a quarter and doesn't have a reeded edge. That leaves us with three coins. Since this is a board of coin collectors, obviously that isn't the friendliest solution, but it is a logical one.</p><p><br /></p><p>If the US gov't really wanted to revamp the coinage, it should work on specie development now.</p><p><br /></p><p>Speaking of coinage, I found an interesting website/webpage on the subject: The Department of the Treasury investigation into alternative metals for the cent in 1973.</p><p><br /></p><p><a href="http://en.wikisource.org/wiki/Alternative_Materials_for_One_Cent_Coinage" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikisource.org/wiki/Alternative_Materials_for_One_Cent_Coinage" rel="nofollow">http://en.wikisource.org/wiki/Alternative_Materials_for_One_Cent_Coinage</a></p><p><a href="http://en.wikisource.org/wiki/Alternative_Materials_for_One_Cent_Coinage" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikisource.org/wiki/Alternative_Materials_for_One_Cent_Coinage" rel="nofollow"><br /></a></p><p>It's an interesting read.[/QUOTE]</p><p><br /></p>
[QUOTE="NorthKorea, post: 1300248, member: 29643"]For what it's worth, I advocate for elimination of the penny (and the nickel), with the "change" being allocated to taxes. I don't think we should reintroduce the half-dollar into circulation, and I don't think we should get rid of the $1 note or replace it with the $2 note. If we really want to amend the coinage of the US, we would need to get rid of the penny and nickel simultaneously OR re-introduce something akin to the "half dime." Since the half-dime failed (probably due to the increased likelihood of losing it), that measure would probably be viewed as non-sense. That would leave us with a dime, quarter and dollar coin. The dollar coin looks different than a quarter and doesn't have a reeded edge. That leaves us with three coins. Since this is a board of coin collectors, obviously that isn't the friendliest solution, but it is a logical one. If the US gov't really wanted to revamp the coinage, it should work on specie development now. Speaking of coinage, I found an interesting website/webpage on the subject: The Department of the Treasury investigation into alternative metals for the cent in 1973. [URL="http://en.wikisource.org/wiki/Alternative_Materials_for_One_Cent_Coinage"]http://en.wikisource.org/wiki/Alternative_Materials_for_One_Cent_Coinage [/URL] It's an interesting read.[/QUOTE]
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