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My latest letter to the U.S. Mint on redesigning the Kennedy Half for the 50th Year
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<p>[QUOTE="Drago the Wolf, post: 1517396, member: 22476"]Couldn't fit "Anniversary in the topic line, so I just put "year" instead. Love it, like it, hate it, despise it, here it is.</p><p><br /></p><p>Hi,</p><p><br /></p><p>I just had an idea for a coin proposal, having to do with the half dollar coin. As you may already know, 2014 is the 50th anniversary of the Kennedy Half, so I think that a major redesign should be considered. A redesign should include reducing the half's size to in between the size of the nickel, and the quarter dollar coin, making it a polygon-shape similar to Canada's penny and dollar coins, but of a more extreme nonagon shape, as opposed to an octagon shape for example since odd-sided coins work better in vending machines than even-sided coins, and thicker than all other U.S. coins, yet thin enough to work in vending machines, and possibly copper in color to distinguish a new half from any other U.S. coin denomination by looks and feel. I believe that seniors, and many other people who claim that change is "too heavy" would like the idea of a new, smaller half that weighs less than one quarter, let alone two quarters. Plus, this idea, if these halves were accepted, and dispensed as needed by vending machines and self checkout lanes in stores, it would also save the stores and vendors time and money, by eliminating some of the trips to the machines, to empty the quarter tubes. Furthermore, a widely circulating half could cut the minting of quarters by half or so, and save the government millions of dollars each year, just as I have told the Bureau of Engraving & Printing that redesigning and circulating the $2 Federal Reserve note would save millions of dollars a year, in cutting printing costs in half or so of $1 Federal Reserve notes.</p><p><br /></p><p>As for the half dollar coin redesign idea, I have always read that, the time it normally takes for a redesigned coin to come out is at least two years, and since 2012 is nearing its conclusion, I urge the U.S. Mint to talk with Congress as soon as possible, and the earliest time I could think of the new smaller Kennedy Halves to start being minted, would be mid to late 2013, and a release date would be mid to late 2014 at earliest, if I had to guess, or you could even do a small, four-design series, similar to the cent and the nickel.</p><p><br /></p><p>So, would you please consider doing a half dollar redesign for a half that could be programmed by weight, size and magnetic signature to be accepted in vending and self checkout machines? (The vending industry tells me that, to accept current the size halves, they would need to redesign and replace their coin mechs, which would be very expensive, where, if the half were smaller, and could fit into a vending machines coin mech, a more simple retooling addition of a coin tube and reprogramming could be done, even though this cost would not be cheap either, but NAMA has told me that retooling for a smaller half would be a lot cheaper, versus redesigning their machines to accept the large half we have now) </p><p><br /></p><p>If being overstocked at the Mint's storage vaults of a ten year supply of large Kennedy Halves (as I heard the Mint is) is an issue, please consider melting down those old, heavy, unwanted halves, and recycle the metal into the new, smaller halves.</p><p><br /></p><p>So, once again, please consider talking to Congress, Secretary of the Treasury Timothy F. Geithner, and the Federal Reserve Board of Governors about this idea.</p><p><br /></p><p>Thank You for your time.</p><p><br /></p><p><br /></p><p>I CAN"T WAIT TO HEAR FROM "rickmp"! :devil:[/QUOTE]</p><p><br /></p>
[QUOTE="Drago the Wolf, post: 1517396, member: 22476"]Couldn't fit "Anniversary in the topic line, so I just put "year" instead. Love it, like it, hate it, despise it, here it is. Hi, I just had an idea for a coin proposal, having to do with the half dollar coin. As you may already know, 2014 is the 50th anniversary of the Kennedy Half, so I think that a major redesign should be considered. A redesign should include reducing the half's size to in between the size of the nickel, and the quarter dollar coin, making it a polygon-shape similar to Canada's penny and dollar coins, but of a more extreme nonagon shape, as opposed to an octagon shape for example since odd-sided coins work better in vending machines than even-sided coins, and thicker than all other U.S. coins, yet thin enough to work in vending machines, and possibly copper in color to distinguish a new half from any other U.S. coin denomination by looks and feel. I believe that seniors, and many other people who claim that change is "too heavy" would like the idea of a new, smaller half that weighs less than one quarter, let alone two quarters. Plus, this idea, if these halves were accepted, and dispensed as needed by vending machines and self checkout lanes in stores, it would also save the stores and vendors time and money, by eliminating some of the trips to the machines, to empty the quarter tubes. Furthermore, a widely circulating half could cut the minting of quarters by half or so, and save the government millions of dollars each year, just as I have told the Bureau of Engraving & Printing that redesigning and circulating the $2 Federal Reserve note would save millions of dollars a year, in cutting printing costs in half or so of $1 Federal Reserve notes. As for the half dollar coin redesign idea, I have always read that, the time it normally takes for a redesigned coin to come out is at least two years, and since 2012 is nearing its conclusion, I urge the U.S. Mint to talk with Congress as soon as possible, and the earliest time I could think of the new smaller Kennedy Halves to start being minted, would be mid to late 2013, and a release date would be mid to late 2014 at earliest, if I had to guess, or you could even do a small, four-design series, similar to the cent and the nickel. So, would you please consider doing a half dollar redesign for a half that could be programmed by weight, size and magnetic signature to be accepted in vending and self checkout machines? (The vending industry tells me that, to accept current the size halves, they would need to redesign and replace their coin mechs, which would be very expensive, where, if the half were smaller, and could fit into a vending machines coin mech, a more simple retooling addition of a coin tube and reprogramming could be done, even though this cost would not be cheap either, but NAMA has told me that retooling for a smaller half would be a lot cheaper, versus redesigning their machines to accept the large half we have now) If being overstocked at the Mint's storage vaults of a ten year supply of large Kennedy Halves (as I heard the Mint is) is an issue, please consider melting down those old, heavy, unwanted halves, and recycle the metal into the new, smaller halves. So, once again, please consider talking to Congress, Secretary of the Treasury Timothy F. Geithner, and the Federal Reserve Board of Governors about this idea. Thank You for your time. I CAN"T WAIT TO HEAR FROM "rickmp"! :devil:[/QUOTE]
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My latest letter to the U.S. Mint on redesigning the Kennedy Half for the 50th Year
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