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$1 US coins, do we need a $2 coin?
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<p>[QUOTE="Cashmoney, post: 1248529, member: 28163"]Well, a solution that would appease both paper and coin supporters would be to have a drastic, but not complete reduction in the amount of $1 and $2 bills printed. For example: For every 10 $1 bills turns in that are no longer fit for circulation, only 5 would be replaced with bills, the other 5 would be coins. This way coins are forced into circulation due to necessity, but at the same time $1 bills would still be available.</p><p><br /></p><p>This seems the best option to me when you consider the millions of coins sitting in vaults and storage, not being used. They have been created, so the need to be circulated.</p><p><br /></p><p>Once done, the public should be accustom and familiar with them. Then the $1 ill can be eliminated, if not printed in very limited numbers. At this point the $2 coin should be introduced and it should have no problem catching on.[/QUOTE]</p><p><br /></p>
[QUOTE="Cashmoney, post: 1248529, member: 28163"]Well, a solution that would appease both paper and coin supporters would be to have a drastic, but not complete reduction in the amount of $1 and $2 bills printed. For example: For every 10 $1 bills turns in that are no longer fit for circulation, only 5 would be replaced with bills, the other 5 would be coins. This way coins are forced into circulation due to necessity, but at the same time $1 bills would still be available. This seems the best option to me when you consider the millions of coins sitting in vaults and storage, not being used. They have been created, so the need to be circulated. Once done, the public should be accustom and familiar with them. Then the $1 ill can be eliminated, if not printed in very limited numbers. At this point the $2 coin should be introduced and it should have no problem catching on.[/QUOTE]
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$1 US coins, do we need a $2 coin?
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