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<p>[QUOTE=&quot;Conder101, post: 1211604, member: 66&quot;]They HAVE done that feasibility study.&nbsp; We have paid to have that study done four times since 1974.&nbsp; All four times it came back with the same recomendations.&nbsp; Drop the one cent piece.&nbsp; Drop the half dollar.&nbsp; Issue a small size dollar in between the size of the quarter and the half dollar.&nbsp; Stop issuing the paper dollar.&nbsp; We paid for it in 1974 and ignored all of it.&nbsp; We paid for it around 1977 and ignored all of it except making the small size dollar.&nbsp; We paid for it again around 1997 when the provision was added that the small size dollar should be a different color and visually different enough that it would not be confused with the other coins.&nbsp; We changed the color of the dollar coin and the design and ignored everything else.&nbsp; Several years later we stopped making half dollars for circulation.&nbsp; And we paid for it again around 2006 and ignored all of it.&nbsp; I believe on of the other recommendation in the 2006 study was to change the alloy of the five cent piece.</p><p><br /></p><p>The Model for the Loon dollar was the SBA and to some extent the British pound coin.&nbsp; The Canadians looked at our SBA, saw why it failed (the failure to remove the dollar note), took a clue from the british about changing the color to make it distinctive, and the highly successful Loonie was born.&nbsp; And every other country that has tried it has succeeded as well.&nbsp; Why because they all avoided the mistake we made and removed their paper unit after the coin came out.&nbsp; The US was the first country to come out with a small size unit coin, and we are the only country where it has failed.&nbsp; And it is because we are the only one that didn&#039;t withdraw the paper note.</p><p><br /></p><p><br /></p><p>What they missed was the quarters became popular because it was something different on a coin people use everyday.&nbsp; Changing the design on a coin no one has ever seen or ever does see does nothing to increase its popularity.</p><p><br /></p><p><br /></p><p>There is the key right there.&nbsp; If the Fed would stop ordering dollar bills form the BEP and would send out dollar coins and twos when their supply of dollar notes gets low and banks are ordering dollars, the problem would take care of itself without Congressional action.&nbsp; (They would probably want to step up their ordering of two dollar notes from the BEP as well.)&nbsp; This would seem to be the best of all choices.&nbsp; Congress doesn&#039;t have to act, the dollar coins WILL go out into circulation, and the BEP will continue printing note preventing, or at least reducing, layoffs at the BEP and Crane Paper.[/QUOTE]</p><p><br /></p>

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