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What will replace the Presidential Dollar?
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<p>[QUOTE="Michael K, post: 2569115, member: 78298"]The dollar bill needs to be eliminated. As well as the penny and the nickel.</p><p>There are enough pennies and nickels in circulation to last 100 years before things need to be rounded off to the nearest .10.</p><p>Once you eliminate the dollar bill, it will force people to use dollar coins more,</p><p>which have a life span of 30-75 years as opposed to 8 months for a dollar bill.</p><p>(these numbers are off the top of my head). Also the production of a 2 dollar coin is what will replace the Presidential dollars, as there are billions of Presidential dollars and Sacagawea coins just wasting space. And these will be put into circulation without producing any new coins.</p><p>We probably would save a great deal of money not wasting our time and resources producing pennies, that people basically throw away. And the nickel which used to cost 8 cents to produce and now costs 11 cents, they are discussing creating another clad crap coin to take it's place so it will only cost a penny or 2 to produce.[/QUOTE]</p><p><br /></p>
[QUOTE="Michael K, post: 2569115, member: 78298"]The dollar bill needs to be eliminated. As well as the penny and the nickel. There are enough pennies and nickels in circulation to last 100 years before things need to be rounded off to the nearest .10. Once you eliminate the dollar bill, it will force people to use dollar coins more, which have a life span of 30-75 years as opposed to 8 months for a dollar bill. (these numbers are off the top of my head). Also the production of a 2 dollar coin is what will replace the Presidential dollars, as there are billions of Presidential dollars and Sacagawea coins just wasting space. And these will be put into circulation without producing any new coins. We probably would save a great deal of money not wasting our time and resources producing pennies, that people basically throw away. And the nickel which used to cost 8 cents to produce and now costs 11 cents, they are discussing creating another clad crap coin to take it's place so it will only cost a penny or 2 to produce.[/QUOTE]
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What will replace the Presidential Dollar?
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