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Will the cent last another 10 years.
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<p>[QUOTE="dponsness, post: 627472, member: 14967"]I am not a psychic but I think that within the next 10 years we will have the following (or something real close to it):</p><p> </p><p>1c - Will still be produced, but only for Proof and Mint sets. There will be no more business strikes and everything will be rounded up/down to the nearest 5 cents.</p><p> </p><p>5c - Will become the lowest denomination coin in circulation. </p><p> </p><p>10c - Will be redesigned either with a totally new obverse/reverse <u>or</u> the obverse will be redesigned along the style of the current nickel with a forward facing portrait.</p><p> </p><p>25c - After the initial run of Parks quarters, the quarter will become the de-facto "circulating commemorative coin" with a two to four different designs each year (possibly related to each other or even totaly different topics). Obverse will remain Washington, but redone to match the "style" of the forward facing portrait.</p><p> </p><p>50c - Like the 1c, this will only be produced for Proof and Mint sets.</p><p> </p><p>$1 - By this time, the $1 bill will be history and the $1 coin will have totally replaced it.</p><p> </p><p>I doubt if there will be a $2 coin or even discussion about it. If there was a call for it, then the $2 bill would be in use daily for business transactions. I do think that there will be a debate about replacing the $5 bill with a bi-metallic coin. They will use the same logic and arguments that are currently being used in the coin vs. banknote debate for the $1 banknote.[/QUOTE]</p><p><br /></p>
[QUOTE="dponsness, post: 627472, member: 14967"]I am not a psychic but I think that within the next 10 years we will have the following (or something real close to it): 1c - Will still be produced, but only for Proof and Mint sets. There will be no more business strikes and everything will be rounded up/down to the nearest 5 cents. 5c - Will become the lowest denomination coin in circulation. 10c - Will be redesigned either with a totally new obverse/reverse [U]or[/U] the obverse will be redesigned along the style of the current nickel with a forward facing portrait. 25c - After the initial run of Parks quarters, the quarter will become the de-facto "circulating commemorative coin" with a two to four different designs each year (possibly related to each other or even totaly different topics). Obverse will remain Washington, but redone to match the "style" of the forward facing portrait. 50c - Like the 1c, this will only be produced for Proof and Mint sets. $1 - By this time, the $1 bill will be history and the $1 coin will have totally replaced it. I doubt if there will be a $2 coin or even discussion about it. If there was a call for it, then the $2 bill would be in use daily for business transactions. I do think that there will be a debate about replacing the $5 bill with a bi-metallic coin. They will use the same logic and arguments that are currently being used in the coin vs. banknote debate for the $1 banknote.[/QUOTE]
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Will the cent last another 10 years.
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