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<p>[QUOTE="krispy, post: 1310561, member: 19065"]I vote indifferent as to which denomination should be used: $200/$250. The poll is missing that choice.</p><p><br /></p><p>Either denomination would work as a monetary device and they'd spend like anything else too. </p><p><br /></p><p>They are easy enough to count, by human or machine. </p><p><br /></p><p>Either note would also be collectible/collected.</p><p><br /></p><p>In all likelihood, US paper money goes away entirely before you'll see a new denomination in circulation under the current form of Federal Reserve Notes. An unknown process, in modern US currency, of making the case for a decision to add a new denomination to our currency would have to be over come. This would entail seeking the approval of such a move, decisions would have to be made just to reach the stage of doing feasibility reports, then there has to be approval of financing, costs and effort spent designing, preparing printing facilities, test printings, actual printing, distributing and above all else, <u>educating the public</u> on these notes to teach them that they are safe, secure and authentic, and that they should use them!</p><p><br /></p><p>As it stands, we're yet to even see the last addition to the design changes of our existing circulating currency line up reach circulation. The newer designs have taken more than a decade to roll out from the $5s to the new $100 note. The $100 has been fraught with technical problems and remains held up, behind schedule and has wasted buckets of money to date trying to figure out the glitches, and we can't even get hold of them to spend them, nor collect them. By they time they figure it out they'll have to ditch all the current signature plates because the Treasury officials are likely to be replaced.</p><p><br /></p><p>The lowly yet mighty symbolic $1 is facing it's demise at every turn, as ordinary citizen, politicians and even collectors voice opinions for $1 coins in place of paper $1 notes. </p><p><br /></p><p>While other nations convert from paper to polymer, the US is likely to hold onto paper until circulating paper money is removed from circulation in favor of digital banking and forms of payment.</p><p><br /></p><p>It doesn't really matter whether you pick a $200 or $250 denomination at this point. The thing that will confuse people the least is a digital format that doesn't require them to count at all. Just mindless swiping at some arbitrary number given as the value/cost for the purchase they are making.[/QUOTE]</p><p><br /></p>
[QUOTE="krispy, post: 1310561, member: 19065"]I vote indifferent as to which denomination should be used: $200/$250. The poll is missing that choice. Either denomination would work as a monetary device and they'd spend like anything else too. They are easy enough to count, by human or machine. Either note would also be collectible/collected. In all likelihood, US paper money goes away entirely before you'll see a new denomination in circulation under the current form of Federal Reserve Notes. An unknown process, in modern US currency, of making the case for a decision to add a new denomination to our currency would have to be over come. This would entail seeking the approval of such a move, decisions would have to be made just to reach the stage of doing feasibility reports, then there has to be approval of financing, costs and effort spent designing, preparing printing facilities, test printings, actual printing, distributing and above all else, [U]educating the public[/U] on these notes to teach them that they are safe, secure and authentic, and that they should use them! As it stands, we're yet to even see the last addition to the design changes of our existing circulating currency line up reach circulation. The newer designs have taken more than a decade to roll out from the $5s to the new $100 note. The $100 has been fraught with technical problems and remains held up, behind schedule and has wasted buckets of money to date trying to figure out the glitches, and we can't even get hold of them to spend them, nor collect them. By they time they figure it out they'll have to ditch all the current signature plates because the Treasury officials are likely to be replaced. The lowly yet mighty symbolic $1 is facing it's demise at every turn, as ordinary citizen, politicians and even collectors voice opinions for $1 coins in place of paper $1 notes. While other nations convert from paper to polymer, the US is likely to hold onto paper until circulating paper money is removed from circulation in favor of digital banking and forms of payment. It doesn't really matter whether you pick a $200 or $250 denomination at this point. The thing that will confuse people the least is a digital format that doesn't require them to count at all. Just mindless swiping at some arbitrary number given as the value/cost for the purchase they are making.[/QUOTE]
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