Poll: Coin to be eliminated?

What should disappear is the paper dollar, thereby forcing the use of coins.

 

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American 2c. coin.

Speedy,the 2c. coin from America was a very short-lived series that was only in production from 1864 to 1873.The other short-lived coin was the 20c. of 1875-76,which was withdrawn because the 20c. was easily confused with the $1/4,which are very similar in size.

Aidan.

 

Hah! I never have that much money in my wallet. Wait, maybe that's because she keeps taking it.

 

I agree with Gary and Midas that the paper dollar should be gone! It cost a huge amount of money to produce for its short circulating time. Also, a $5 coin would be pretty cool! - James

 

would it be smart it a country went completely into a coin system instead of paper? that was always my idea

 

How do you carry $100 then in coins if there is no paper? Also, coins are lost to easily, good for people with metal detectors, but bad for people carrying money. Plastic or laminted bill would be interesting though, right? Longer circulating times? Does any country have that? That my opinion. - James

 

James,quite a few countries,especially those which are members of the British Commonwealth (such as Australia,New Zealand & Brunei) use plastic banknotes.There is a whole thread dedicated to
plastic banknotes in another area of the board.New Zealand has been using plastic notes since 1999,& Aussie have had them since
1988.

Aidan.

 

Thanks Aidan. I will have to check the thread out. Thanks Again, James

 

I'd ditch the 50 cent piece before the cent. The cent is much more useful at this point.

 

Backpacks and wheelbarrows.

 

How about a bi-metalic $100 coin using precious metals again? It could have a 1/10 oz gold center with an outer ring of silver. Now that would be cool.

 

Paper $1.

GaryBurke,scrapping the paper $1 note will make it very difficult for anyone to do business by mail.If someone sells me something with a price of US$13 & so-on,I go to my boss & buy the currency,& send it to my contact in America,or alternatively,I send him NZ$ cash,as he gives me prices in both US$ & NZ$.

Aidan.

 

What do you do now if someone buys something for $13.47 ?

 

I went with ditching the half-dollar only because i can't ever get them from the bank -it's (sadly) only a collectors item at this point.