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$1 US coins, do we need a $2 coin?
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<p>[QUOTE="Doug21, post: 1048247, member: 5650"]It's about time to get rid of paper dollars and pennies. If they managed without half cents after 1857, we can do without cents now. Just stop making any new dollar bills but keep the existing ones in circulation until they wear out.</p><p><br /></p><p>Now you could either go with a $2 coin or use $2 bills along with all the dollar coins sitting in vaults. The penny slot in cash registers would be gone and could be used for dollar coins. $2 bills used to circulate well...I've seen plenty of worn red seal ones ( from when they were like a $20 bill today).</p><p><br /></p><p>You'd rarely wind up carrying more than 1-2 of the coins with a $2 bill in use. I don't think Americans are ready for a $2 coin...even Canada took awhile to introduce their twoonie.</p><p><br /></p><p>Dumb Americans might mistake a $2 bill for a $20, though ! I gave one to a valet parker once, he had to think it was a $20 judging by his attitude. :hail:</p><p><br /></p><p>The dollar coins being "Gold" should not confuse anybody.[/QUOTE]</p><p><br /></p>
[QUOTE="Doug21, post: 1048247, member: 5650"]It's about time to get rid of paper dollars and pennies. If they managed without half cents after 1857, we can do without cents now. Just stop making any new dollar bills but keep the existing ones in circulation until they wear out. Now you could either go with a $2 coin or use $2 bills along with all the dollar coins sitting in vaults. The penny slot in cash registers would be gone and could be used for dollar coins. $2 bills used to circulate well...I've seen plenty of worn red seal ones ( from when they were like a $20 bill today). You'd rarely wind up carrying more than 1-2 of the coins with a $2 bill in use. I don't think Americans are ready for a $2 coin...even Canada took awhile to introduce their twoonie. Dumb Americans might mistake a $2 bill for a $20, though ! I gave one to a valet parker once, he had to think it was a $20 judging by his attitude. :hail: The dollar coins being "Gold" should not confuse anybody.[/QUOTE]
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