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What will replace the Presidential Dollar?
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<p>[QUOTE="Paddy54, post: 2460131, member: 19250"]We should follow the Canadians as far as them discontinued the 1 and 2 dollar notes. Remove the cent and nickel. Dimes and quarters stay in circulation . States would issues tax tokens (another collector item for some of us) .</p><p>The money saved from getting rid of the two notes and cents and nickels would be a huge.</p><p>As a collector yes it breaks my heart not to have coins to collect . However this would be a win/ loose situation . I believe it would drive up values of the coins now available.</p><p>As collectors we all have to realize that the amount of new collectors is such a low percentage . Would I like to see coins go the same way as Stamps have? No of course not.....but ask yourself this question . How many stamp collectors do you know? How many are middle aged?</p><p>Now one of the issues I have heard from people in general is we don't want to carry dollar coins, heavy in the pocket etc.</p><p>Next consider that for the most part we are becoming a cashless society . I myself carry a lot of cash due to my job and places it takes me. Less chance of being robed. And if they do take my wallet I can have a card replaced in little time and the other canceled on the spot.</p><p>Do I like what I just noted above no! As I am a collector and I'm from a different era where cash was king.</p><p>A time that one could build a collection without going to a coin shop.</p><p>It just makes sense to make changes , the cost of production the availability to even get half's or dollar coins these day's . Banks really don't want to order coins that you are going to bring back a few days later.</p><p>I can see most saying no we are not going to be the middle man . Handling coins we do not use in out business.[/QUOTE]</p><p><br /></p>
[QUOTE="Paddy54, post: 2460131, member: 19250"]We should follow the Canadians as far as them discontinued the 1 and 2 dollar notes. Remove the cent and nickel. Dimes and quarters stay in circulation . States would issues tax tokens (another collector item for some of us) . The money saved from getting rid of the two notes and cents and nickels would be a huge. As a collector yes it breaks my heart not to have coins to collect . However this would be a win/ loose situation . I believe it would drive up values of the coins now available. As collectors we all have to realize that the amount of new collectors is such a low percentage . Would I like to see coins go the same way as Stamps have? No of course not.....but ask yourself this question . How many stamp collectors do you know? How many are middle aged? Now one of the issues I have heard from people in general is we don't want to carry dollar coins, heavy in the pocket etc. Next consider that for the most part we are becoming a cashless society . I myself carry a lot of cash due to my job and places it takes me. Less chance of being robed. And if they do take my wallet I can have a card replaced in little time and the other canceled on the spot. Do I like what I just noted above no! As I am a collector and I'm from a different era where cash was king. A time that one could build a collection without going to a coin shop. It just makes sense to make changes , the cost of production the availability to even get half's or dollar coins these day's . Banks really don't want to order coins that you are going to bring back a few days later. I can see most saying no we are not going to be the middle man . Handling coins we do not use in out business.[/QUOTE]
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What will replace the Presidential Dollar?
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