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<p>[QUOTE="dponsness, post: 385056, member: 14967"]What you are seeing with this, IMHO, is the precursor to the end of the $1 FRN. Given the court decision last month - about our currency not being "friendly" to the blind and vision impared - it is a given that the Treasury will have to re-design all of the FRN's (with the exception of the $5 perhaps) soon. From what I understood, the options are to either vary the sizes of the notes <u>or</u> add "features" to them to comply with the court decision. I think the courts will do what the politicians couldn't/wouldn't do!</p><p> </p><p>From a standpoint of economy, it would make sense to quit producing the $1 FRN as there is already a suitable replacement for it already (at least that is what the gov't can say). And since the $5 would then be the lowest denomination FRN in common circulation - and would probably be OK as is - only the $10, $20, $50 and $100 would need to be modified by either changing their sizes and/or adding new features. </p><p> </p><p>I can then foresee the inevitable issuance of a $2 coin as well once the initial public acceptance of the end of the $1 FRN note is set.[/QUOTE]</p><p><br /></p>
[QUOTE="dponsness, post: 385056, member: 14967"]What you are seeing with this, IMHO, is the precursor to the end of the $1 FRN. Given the court decision last month - about our currency not being "friendly" to the blind and vision impared - it is a given that the Treasury will have to re-design all of the FRN's (with the exception of the $5 perhaps) soon. From what I understood, the options are to either vary the sizes of the notes [U]or[/U] add "features" to them to comply with the court decision. I think the courts will do what the politicians couldn't/wouldn't do! From a standpoint of economy, it would make sense to quit producing the $1 FRN as there is already a suitable replacement for it already (at least that is what the gov't can say). And since the $5 would then be the lowest denomination FRN in common circulation - and would probably be OK as is - only the $10, $20, $50 and $100 would need to be modified by either changing their sizes and/or adding new features. I can then foresee the inevitable issuance of a $2 coin as well once the initial public acceptance of the end of the $1 FRN note is set.[/QUOTE]
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