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<p>[QUOTE=&quot;gxseries, post: 264019, member: 4373&quot;]You should take examples from worldwide. the reason why there are no big denomination coins is simply because of the cost production as well as counterfeiters. Sure, to make a coin that is worth 5 dollars or more, it just means that you have to put a lot more security or at least mint it in somewhat more expensive manner, such as putting silver in bigger denomination coins. But for that to happen, metal prices have been climbing these few years. Not going to happen. </p><p><br /></p><p>Japan used to have severe problem with the 500 yen coin (face value of 4-5usd), which is used very commonly in circulation. The smallest denomination note in Japan is actually 1000 yen which is around 9USD. At one stage, the 500 yen coin was counterfeited at a very heavy rate and remember in some banks, they actually do accept coins as deposits in some of the ATMs. Appearently some fraudster deposited some 2,000 dollars worth of 500 yen coins each time and caused a nationwide panic. And yes, coin deposit machines were all forced to change to the new type, which was very very very costly. I don&#039;t remember the exact figure.</p><p><br /></p><p>More infomation here: <a href="http://findarticles.com/p/articles/mi_m0WDP/is_2004_May_17/ai_n6264415" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://findarticles.com/p/articles/mi_m0WDP/is_2004_May_17/ai_n6264415" rel="nofollow">http://findarticles.com/p/articles/mi_m0WDP/is_2004_May_17/ai_n6264415</a></p><p><br /></p><p>In short, the more bigger denomination coins you have, the more likely you are to attract counterfeits as well as the more pain one has to develop to counter such counterfeit activities.&nbsp;&nbsp; </p><p><br /></p><p>Give me a break, I even have a counterfeit Chinese 1 yuan coin which is worth a mere 12 US cents and a Malaysian 20 sen coin which is worth even less.[/QUOTE]</p><p><br /></p>

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