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What will replace the Presidential Dollar?
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<p>[QUOTE="COCollector, post: 2570036, member: 76108"]For general circulation I expect <i><b>any</b></i> dollar coin will be rejected by the public -- unless we also overhaul our existing coin system <i><b>starting at the bottom.</b></i></p><p><br /></p><p>-- First, eliminate the 1-cent coin.</p><p><br /></p><p>-- After the old penny is gone from circulation, introduce a <i><b>new</b></i> <i><b>5-cent</b></i> <i><b>copper</b></i> coin. Same size as an old penny. Unique copper-zinc composition (brass color). New design featuring a big number "5".</p><p><br /></p><p>-- After the old nickel is gone, introduce a <b><i>new 25-cent coin</i></b>. Totally new design. Maybe the same size as an old nickel (or bit bigger). But it must be instantly distinguishable from an old nickel. Maybe a reeded edge & light brass tone. And a big number "25".</p><p><br /></p><p>-- After the old quarter is gone, introduce a new 50-cent coin. Same size as an old quarter. Big number "50".</p><p><br /></p><p>-- After the old half is gone, introduce a <b>new $1 coin. Same size as an old half-dollar.</b> Maybe 5% silver?</p><p><br /></p><p>-- Eliminate the $1 bill. Begin wide-spread circulation of $2 bills.</p><p><br /></p><p>======</p><p><br /></p><p><b>Alternatively, WE CAN SIMPLY KEEP OUR CURRENT SYSTEM!</b></p><p><b><br /></b></p><p><b>Maybe it won't be cheaper in the long run. But I worry that changes can have unexpected negative consequences.</b>[/QUOTE]</p><p><br /></p>
[QUOTE="COCollector, post: 2570036, member: 76108"]For general circulation I expect [I][B]any[/B][/I] dollar coin will be rejected by the public -- unless we also overhaul our existing coin system [I][B]starting at the bottom.[/B][/I] -- First, eliminate the 1-cent coin. -- After the old penny is gone from circulation, introduce a [I][B]new[/B][/I] [I][B]5-cent[/B][/I] [I][B]copper[/B][/I] coin. Same size as an old penny. Unique copper-zinc composition (brass color). New design featuring a big number "5". -- After the old nickel is gone, introduce a [B][I]new 25-cent coin[/I][/B]. Totally new design. Maybe the same size as an old nickel (or bit bigger). But it must be instantly distinguishable from an old nickel. Maybe a reeded edge & light brass tone. And a big number "25". -- After the old quarter is gone, introduce a new 50-cent coin. Same size as an old quarter. Big number "50". -- After the old half is gone, introduce a [B]new $1 coin. Same size as an old half-dollar.[/B] Maybe 5% silver? -- Eliminate the $1 bill. Begin wide-spread circulation of $2 bills. ====== [B]Alternatively, WE CAN SIMPLY KEEP OUR CURRENT SYSTEM! Maybe it won't be cheaper in the long run. But I worry that changes can have unexpected negative consequences.[/B][/QUOTE]
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