Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Confused over 2012 Dollar Coins
>
Reply to Thread
Message:
<p>[QUOTE="NOS, post: 1545253, member: 2098"]I used to think the same thing but I assure you the figure given out by the government is accurate. You really need to update your figures and general understanding of what drives the printing of currency. This is not the 1990s anymore where countless dollar bills are being printed. The printing of dollar bills has gone down a lot over the last decade due to a reduction in demand for them. This is due to people using less cash than they used to. </p><p><br /></p><p>Comparing the printing of dollar bills to fives and tens has now become apples to oranges. The paper used for fives and tens has been changed from what it was with the old style 1995 and earlier series as the government has designed the newer fives and tens to wear out more quickly than they used to due to their desire to change designs every seven years. In a nutshell the government has reduced the quality of paper used for new fives and tens but have continued to use stronger paper for dollar bills because they still want those to circulate as long as possible as there are no plans to change or modify the dollar bill in any way.</p><p><br /></p><p><br /></p><p><br /></p><p>That adverb is a matter of opinion and frankly I wouldn't care if a dollar bill lasted for five months because the startup costs to transition to the exclusive use of a dollar coin still wouldn't be economically viable.[/QUOTE]</p><p><br /></p>
[QUOTE="NOS, post: 1545253, member: 2098"]I used to think the same thing but I assure you the figure given out by the government is accurate. You really need to update your figures and general understanding of what drives the printing of currency. This is not the 1990s anymore where countless dollar bills are being printed. The printing of dollar bills has gone down a lot over the last decade due to a reduction in demand for them. This is due to people using less cash than they used to. Comparing the printing of dollar bills to fives and tens has now become apples to oranges. The paper used for fives and tens has been changed from what it was with the old style 1995 and earlier series as the government has designed the newer fives and tens to wear out more quickly than they used to due to their desire to change designs every seven years. In a nutshell the government has reduced the quality of paper used for new fives and tens but have continued to use stronger paper for dollar bills because they still want those to circulate as long as possible as there are no plans to change or modify the dollar bill in any way. That adverb is a matter of opinion and frankly I wouldn't care if a dollar bill lasted for five months because the startup costs to transition to the exclusive use of a dollar coin still wouldn't be economically viable.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Confused over 2012 Dollar Coins
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...