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<p>[QUOTE="Conder101, post: 198416, member: 66"]Ok they have explained the dime nickel reason, now here's the answer for the current dollar.</p><p><br /></p><p>The Ike dollar was a failure as far as a circulation coin went. So the government paid for a survey of the coinage system to be done by Triangle Research Institute. (So far the government has paid to have this survey done at least four times, paying millions of dollars each time. All four times they have come back with the exact same recommendations.)</p><p><br /></p><p>TRI advised: </p><p>Eliminate the cent and the half dollar. </p><p>The Ike dollar is too large in size to be popular with the public. </p><p>Create a new smaller sized dollar coin slightly larger than the quarter and make it distinctive in color and design. </p><p>Eliminate the dollar note.</p><p><br /></p><p>We've paid TRI tens of millions of dollars for this advice, FOUR TIMES! (How many of us could have told them to do that for ten bucks?)</p><p><br /></p><p>We ignored their advice and we still have the cent.</p><p>We stopped making the half dollar for circulation but it took us 17 years after it was first advised and we still make them for collectors.</p><p>We made the small dollar after five years, but ignored the advice to make the color distinctive. After twenty more years we followed that part of the advice.</p><p>We still have not eliminated the dollar note.</p><p><br /></p><p>So after 33 years and tens of millions of dollars the only part of the advice we paid for that we have accepted is to make a small dollar with a distinctive color.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 198416, member: 66"]Ok they have explained the dime nickel reason, now here's the answer for the current dollar. The Ike dollar was a failure as far as a circulation coin went. So the government paid for a survey of the coinage system to be done by Triangle Research Institute. (So far the government has paid to have this survey done at least four times, paying millions of dollars each time. All four times they have come back with the exact same recommendations.) TRI advised: Eliminate the cent and the half dollar. The Ike dollar is too large in size to be popular with the public. Create a new smaller sized dollar coin slightly larger than the quarter and make it distinctive in color and design. Eliminate the dollar note. We've paid TRI tens of millions of dollars for this advice, FOUR TIMES! (How many of us could have told them to do that for ten bucks?) We ignored their advice and we still have the cent. We stopped making the half dollar for circulation but it took us 17 years after it was first advised and we still make them for collectors. We made the small dollar after five years, but ignored the advice to make the color distinctive. After twenty more years we followed that part of the advice. We still have not eliminated the dollar note. So after 33 years and tens of millions of dollars the only part of the advice we paid for that we have accepted is to make a small dollar with a distinctive color.[/QUOTE]
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