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<p>[QUOTE="onecenter, post: 433074, member: 8703"]Two- and five-dollar coins would be beneficial to the coinage system, but commerce in general and banking in particular would not like handling the coins. America's coinage system in showing its age and is a throwback to the middle of the 19th century. There have been only a handful of major changes to the US system of coins. These are the most important, and there are others:</p><p><br /></p><p>1857, when the use of foreign coins as legal tender were eliminated coupled with the elimination of the half cent and the reduction in the size of the cent</p><p><br /></p><p>1873 and 1878, when the silver content of coins was adjusted and Morgan dollars began to be minted in large quantities to be stored for over 90 years, unless melted in 1918</p><p><br /></p><p>1933, elimination of circulating gold coinage</p><p><br /></p><p>1965 and 1971 elimination of all circulating silver coinage</p><p><br /></p><p>1982 and 1986 re-introduction of commemorative coins and the use of precious metals as bullion issues[/QUOTE]</p><p><br /></p>
[QUOTE="onecenter, post: 433074, member: 8703"]Two- and five-dollar coins would be beneficial to the coinage system, but commerce in general and banking in particular would not like handling the coins. America's coinage system in showing its age and is a throwback to the middle of the 19th century. There have been only a handful of major changes to the US system of coins. These are the most important, and there are others: 1857, when the use of foreign coins as legal tender were eliminated coupled with the elimination of the half cent and the reduction in the size of the cent 1873 and 1878, when the silver content of coins was adjusted and Morgan dollars began to be minted in large quantities to be stored for over 90 years, unless melted in 1918 1933, elimination of circulating gold coinage 1965 and 1971 elimination of all circulating silver coinage 1982 and 1986 re-introduction of commemorative coins and the use of precious metals as bullion issues[/QUOTE]
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