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<p>[QUOTE="Michael K, post: 2848060, member: 78298"]How much money has Canada saved, eliminating the 1 cent and 5 cent coin, as well as the 1 dollar note, and going to 1 and 2 dollar coins?</p><p>I am sure their mintage was lower as their population is around 10% of the US.</p><p>I don't see a $5 coin, but you can eliminate 1 and 2 dollar bills, and use dollar coins.</p><p>$1 bills account for the majority of all notes printed, and they are unnecessary.</p><p>The dollar coins are only slightly larger and heavier than a quarter, so it's not a burden to carry a few of them around.</p><p>The half dollar coin is also an anachronism. A government who wastes trillions of dollars, doesn't need this $1 million dollar a year cash cow.</p><p>Read some very interesting posts yest. (different site) about why the half dollar is not needed, and when the decline happened. It happened when they came out with the Kennedy half. 50+ years with a useless denomination coin is enough.[/QUOTE]</p><p><br /></p>
[QUOTE="Michael K, post: 2848060, member: 78298"]How much money has Canada saved, eliminating the 1 cent and 5 cent coin, as well as the 1 dollar note, and going to 1 and 2 dollar coins? I am sure their mintage was lower as their population is around 10% of the US. I don't see a $5 coin, but you can eliminate 1 and 2 dollar bills, and use dollar coins. $1 bills account for the majority of all notes printed, and they are unnecessary. The dollar coins are only slightly larger and heavier than a quarter, so it's not a burden to carry a few of them around. The half dollar coin is also an anachronism. A government who wastes trillions of dollars, doesn't need this $1 million dollar a year cash cow. Read some very interesting posts yest. (different site) about why the half dollar is not needed, and when the decline happened. It happened when they came out with the Kennedy half. 50+ years with a useless denomination coin is enough.[/QUOTE]
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