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<p>[QUOTE=&quot;Doug21, post: 1722881, member: 5650&quot;]$5 coins is getting way ahead of where we are at,even Canada doesn&#039;t have those. Just kill the penny and nickel now and and the dollar bill ( just stop making all 3 cold turkey). I don&#039;t think we need a $2 coin ( yet)...let the $1 coin have some time to sink in. </p><p><br /></p><p>&nbsp; So just dimes, quarters and dollar coins and our normal $5 and up bills, make $2 bills as demand warrants, just like now. round the cash transactions to the nearest dime empty the vaults of all those dead-Prez dollars....and be ready to ramp up production....easy since no more cents and nickels would be produced.</p><p><br /></p><p>&nbsp; The dollar bills would just wear out and get retired pretty quickly. The pennies and nickels would get removed from circulation pretty quick, too !&nbsp; They off course would still be legal tender but would be as uncommon in circulation as a half or deuce is now. THE TRANSACTION TOTAL GETS ROUNDED WETHER THE CASHIER HAS PENNIES AND NICKELS, OR NOT !&nbsp; If they accumulate then the store can send them back to the bank.</p><p><br /></p><p>&nbsp; Personally the main thing I buy with cash is gas and some restaurants are cash only. I&#039;d use cash at a place like a swap meet or yard sale where sellers aren&#039;t equipped for plastic and for stuff under $5-10 in general, but the debit card is nearly as quick as cash.</p><p><br /></p><p>Kill all 3 items ( penny, nickel , $1 bill) at one time as sort of a sweeping coinage reform law.</p><p><br /></p><p>Nobody will lose any money due to the rounding, even round the sums ending in a 5 to a 0, so 5 numbers round down and 4 round up....it surely won&#039;t break Walmart to do that !</p><p><br /></p><p>I&#039;d like to see a new design for our &quot;Loonie&quot; and keep it awhile, retire those wrong color SBA&#039;s also to avoid confusion for idiot American consumers and cashiers.[/QUOTE]</p><p><br /></p>

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