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What I would most like to see is the return (from the US Mint) of
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<p>[QUOTE="NorthKorea, post: 1730579, member: 29643"]What void does the half dollar coin fill? Kids in America these days don't get 50-cent per week (or even per day!) allowances. Also, two quarters aren't any less convenient than one 50-cent piece. In fact, since the mass-produced coin sorters have compartments for 1-cent, 5-cent, 10-cents, 25-cents, and occasionally $1, adding 50-cent coins into the mix is non-viable. Most stores do their cash counts with the following columns:</p><p><br /></p><p>Pennies, Nickels, Dimes, Quarters for coins</p><p>$1, $5, $10, $20, $100 for bills</p><p>All other (50-cent coin, $1 coin, $2 bill, $50 bill) typically end up in "miscellaneous".</p><p><br /></p><p>The fact that individual collectors find it difficult to gather 50-cent coins from circulation is more an example of their lack of utility than an excess demand. The US Mint should definitely NOT produce additional 50-cent pieces for circulation, unless the plan is to get rid of the quarter and penny.</p><p><br /></p><p>This is the basic argument that ends up being considered when talking about "introducing" a 50-cent piece:</p><p><br /></p><p>"It fills a demand!!!" - It really doesn't unless we create an artificial demand.</p><p>"I shouldn't have to pay more than 50-cents for a 50-cent coin!" - Well, I shouldn't have to pay more than $1 for a Flowing Hair type or Heraldic dollar, but no one listens to me either.</p><p><br /></p><p>There are more people who like the quarter than people who like halves, so the halves will not be a focus of circulation.</p><p><br /></p><p>(Pretty much being asinine from here out. I don't advocate for getting rid of small denomination coins/bills, nor do I advocate for the introduction of denominations which have been evolved out of circulation.)</p><p><br /></p><p>If we got rid of the penny, the dime and the quarter, 20-cent and 50-cent pieces would make sense. Then we'd have nickels and halves. We could introduce 20-cent and $2 coins to fill the need for a "change" feeling in our pockets. Then remove the $1, $2, $5, $10 and $50 bills from circulation. To adjust to the inflationary impact of having the dime be our smallest circulating unit, $500 bills could be printed for circulation purposes.</p><p><br /></p><p>So, the new system of money in the US would be:</p><p><br /></p><p>Coins: 5-cent, 20-cent, 50-cent, $2</p><p>Bills: $5, $20, $100, $500</p><p><br /></p><p>End of asinine commentary.</p><p><br /></p><p>Honestly, the 50-cent piece serves no purpose. We shouldn't have a system where we have six coins, five of which somehow work to be a 2:1 combination of another unit.[/QUOTE]</p><p><br /></p>
[QUOTE="NorthKorea, post: 1730579, member: 29643"]What void does the half dollar coin fill? Kids in America these days don't get 50-cent per week (or even per day!) allowances. Also, two quarters aren't any less convenient than one 50-cent piece. In fact, since the mass-produced coin sorters have compartments for 1-cent, 5-cent, 10-cents, 25-cents, and occasionally $1, adding 50-cent coins into the mix is non-viable. Most stores do their cash counts with the following columns: Pennies, Nickels, Dimes, Quarters for coins $1, $5, $10, $20, $100 for bills All other (50-cent coin, $1 coin, $2 bill, $50 bill) typically end up in "miscellaneous". The fact that individual collectors find it difficult to gather 50-cent coins from circulation is more an example of their lack of utility than an excess demand. The US Mint should definitely NOT produce additional 50-cent pieces for circulation, unless the plan is to get rid of the quarter and penny. This is the basic argument that ends up being considered when talking about "introducing" a 50-cent piece: "It fills a demand!!!" - It really doesn't unless we create an artificial demand. "I shouldn't have to pay more than 50-cents for a 50-cent coin!" - Well, I shouldn't have to pay more than $1 for a Flowing Hair type or Heraldic dollar, but no one listens to me either. There are more people who like the quarter than people who like halves, so the halves will not be a focus of circulation. (Pretty much being asinine from here out. I don't advocate for getting rid of small denomination coins/bills, nor do I advocate for the introduction of denominations which have been evolved out of circulation.) If we got rid of the penny, the dime and the quarter, 20-cent and 50-cent pieces would make sense. Then we'd have nickels and halves. We could introduce 20-cent and $2 coins to fill the need for a "change" feeling in our pockets. Then remove the $1, $2, $5, $10 and $50 bills from circulation. To adjust to the inflationary impact of having the dime be our smallest circulating unit, $500 bills could be printed for circulation purposes. So, the new system of money in the US would be: Coins: 5-cent, 20-cent, 50-cent, $2 Bills: $5, $20, $100, $500 End of asinine commentary. Honestly, the 50-cent piece serves no purpose. We shouldn't have a system where we have six coins, five of which somehow work to be a 2:1 combination of another unit.[/QUOTE]
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