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What will replace the Presidential Dollar?
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<p>[QUOTE="-jeffB, post: 2569119, member: 27832"]But we've only just met... <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie10" alt=":oops:" unselectable="on" unselectable="on" /></p><p><br /></p><p>In any event, I've been saying something similar for some time, but more along the lines of a <i>de facto</i> 10:1 remonetization. Drop the cent and nickel. Keep the dime, but change it to copper or brass. Drop the quarter; otherwise, you still get five-cent increments that are hard to handle. (Also, insisting that we drop the quarter guarantees that nobody will take me seriously.) Introduce a new 50-cent piece, sized like a nickel, again made of copper or brass.</p><p><br /></p><p>Introduce a new, small dollar coin, perhaps cent-sized, clad. Bring back the quarter-eagle, half-eagle, and full-eagle ($2.50, $5, $10) denominations. We wouldn't <i>have</i> to have the quarter eagle, but it appeals to me. Maybe bring back double eagles, and eventually even half- or full Unions ($50 and $100).</p><p><br /></p><p>Because, face it, a dime is worth less now than a <i>half-</i>cent was when our system of denominations emerged. It's absolutely foolish to be wasting time <i>literally</i> chasing nickels and pennies.</p><p><br /></p><p>But I don't think this will ever happen, because I think we'll ditch cash entirely first. Probably in my lifetime, which is unlikely to stretch <i>that</i> many more decades.[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 2569119, member: 27832"]But we've only just met... :oops: In any event, I've been saying something similar for some time, but more along the lines of a [I]de facto[/I] 10:1 remonetization. Drop the cent and nickel. Keep the dime, but change it to copper or brass. Drop the quarter; otherwise, you still get five-cent increments that are hard to handle. (Also, insisting that we drop the quarter guarantees that nobody will take me seriously.) Introduce a new 50-cent piece, sized like a nickel, again made of copper or brass. Introduce a new, small dollar coin, perhaps cent-sized, clad. Bring back the quarter-eagle, half-eagle, and full-eagle ($2.50, $5, $10) denominations. We wouldn't [I]have[/I] to have the quarter eagle, but it appeals to me. Maybe bring back double eagles, and eventually even half- or full Unions ($50 and $100). Because, face it, a dime is worth less now than a [I]half-[/I]cent was when our system of denominations emerged. It's absolutely foolish to be wasting time [I]literally[/I] chasing nickels and pennies. But I don't think this will ever happen, because I think we'll ditch cash entirely first. Probably in my lifetime, which is unlikely to stretch [I]that[/I] many more decades.[/QUOTE]
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What will replace the Presidential Dollar?
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