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<p>[QUOTE=&quot;Numbers, post: 845390, member: 11668&quot;]The math just doesn&#039;t work out, I&#039;m afraid....</p><p>&nbsp;</p><p>There are about 10 billion $1 notes currently outstanding in circulation (see data <a href="http://www.federalreserve.gov/paymentsystems/coin_currcircvolume.htm" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.federalreserve.gov/paymentsystems/coin_currcircvolume.htm" rel="nofollow">here</a>).&nbsp; In contrast, there&#039;ve only been about 1.1 billion $2 FRNs printed from Series 1976 to date, with the most recent printing (in 2006) accounting for about 0.2 billion (see <a href="http://www.moneyfactory.gov/uscurrency/annualproductionfigures.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.moneyfactory.gov/uscurrency/annualproductionfigures.html" rel="nofollow">here</a>).&nbsp; Last year&#039;s total mintage of dollar coins was about 0.4 billion; and of halves, about 0.004 billion (<a href="http://www.usmint.gov/about_the_mint/coin_production/index.cfm?action=production_figures&amp;allCoinsYear=2009#starthere" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.usmint.gov/about_the_mint/coin_production/index.cfm?action=production_figures&amp;allCoinsYear=2009#starthere" rel="nofollow">here</a>).&nbsp; These numbers are utterly negligible next to the quantities that would be needed if the paper $1 were ever discontinued.</p><p>&nbsp;</p><p>If/when the Powers That Be finally decide to kill off the $1 FRN, it&#039;s not the sort of thing they&#039;ll be able to do conspiracy-wise, without advance warning.&nbsp; Something on the order of 20 to 30 billion dollar coins would be needed to meet circulation demand (since coins circulate differently than bills, spending much more time idle in vending machine hoppers, change jars, and the like), and the great majority of them would have to be struck before the dollar bill was discontinued (since paper currency wears out so quickly).&nbsp; The Mint would have to work overtime, probably churning out more dollar coins than all other denominations combined for a couple of years running, in order to build up enough of a stockpile to enable the changeover.&nbsp; That nothing of the kind is currently happening, the production figures make abundantly clear....[/QUOTE]</p><p><br /></p>

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