People obviously DO NOT want dollar coins
malanu...@aol.com
After seeing all of these stories about people bitching about
accepting dollar coins, if the government is not going to grow any
balls and eliminate the $1 bill, they should just scrap the dollar
coin. There is NO point in having two forms of the same denomination.
That being said, the government should move to using polymer plastic
for its Federal Reserve notes, since it has been said to last four
times as long as cotton/linen note that we already have, redesign both
the $1 and $2 bills, and push the circulation of the $2 bill, and the
half dollar. The $2 bill to cut down on how many $1 bills we need. The
half dollar to cut down on how many quarters we need. Retool ALL
vending machines to take redsigned $1 and $2 bills, and a redesigned,
but not nessassarily smaller or lighter half dollar coin, as long as
vendors add a bigger coin slot to accept the half.
I'm sorry, and you guys can rip me apart all you want, because by now,
you should realize that I don't care what you say, but anyway, this
dollar coin issue is getting rediculous. I am a dollar coin supporter,
(or maybe, "was" a dollar coin supporter) but if the government is not
going to act, and do Fred Shecter's "Secret Plan" I say, scrap the
dollar coin, switch to a more durable plastic, which would still save
the government millions, as well, since if a cotton/linen $1 bill
lasts up to 18 months, and a polymer $1 bill would last about six
years, (four times longer) redesign both the $1 and $2 designs, and
push for the use of the new $2 bills and the half dollar (possibly
redesigned with the "Famous Dogs" half dollar series I proposed, ha
ha, bet you seen that one coming)
Arizona Coin Collector
The current Presidential One Dollar Coin Program goes through
2016 with Gerald R. Ford being the last president release. To
read more on the program check out the link below.
http://www.usmint.gov/$1coin
My guess is by 2016, the current law may change to extend the
Presidential dollar coin to other future dead Presidents.
(Carter - Regan). Only time will tell.
The Government in the future may restrict or stop printing
replacement One-Dollar demand notes to save money
since the dollar-coins last almost 25 years.
As for using plastic, that would require and act by Congress
to change the "Legal Tender Act Of 1862", and the
"United States Coinage Act Of 1965". It's not going to
happen.
----------------------------------------------------------
<malanu...@aol.com> wrote in message
news:3afdbcf9-29ea-47c6...@o4g2000pra.googlegroups.com...
shreadvector
wrote:
> Hello
>
> The current Presidential One Dollar Coin Program goes through
> 2016 with Gerald R. Ford being the last president release. To
>
> My guess is by 2016, the current law may change to extend the
> Presidential dollar coin to other future dead Presidents.
> (Carter - Regan). Only time will tell.
>
> The Government in the future may restrict or stop printing
> replacement One-Dollar demand notes to save money
> since the dollar-coins last almost 25 years.
>
> As for using plastic, that would require and act by Congress
> to change the "Legal Tender Act Of 1862", and the
> "United States Coinage Act Of 1965". It's not going to
> happen.
>
> ----------------------------------------------------------
>
>
> - Show quoted text -
The truely silly thing about both posts is that:
1) It is not "my" secret plan. I only mentioned it after I was told
about it.
2) There are more dollar coins circulating now than at any time in US
history and the number keeps increasing.
3) The "secret plan" has always been (loosely) based on a long
timetable with the Presidential election and new congress as one of
the points along the path. I have told the original poster many times
that NOTHING will happen until after the new president and congress
are sworn in, at work and after they get other urgent things done.
They will get to this eventually. My estimate has always been "by
2010".
4) There is no need to revise the law for additional presidents. If
they pass in order, they get a coin. Re-read the text of the law. It
is online.
malanu...@aol.com
>
> 1) It is not "my" secret plan. I only mentioned it after I was told
> about it.
Fred, I was not exactly meaning it was "your" secret plan. I only said
that because, you were the one who told me about it.
>
> 2) There are more dollar coins circulating now than at any time in US
> history and the number keeps increasing.
Then how come I never run across any, in circulation? The only big
thing happening here is, a cleck at a local 7 Eleven sells me all of
the odd money he gets, because, sometimes people want them when he
hands them out, and others don't. I buy halves, SBAs, Sacs, and
Prexis, and I always keep the SBAs because, even though they won't be
worth more than $1 in my lifetime, they are getting steadily rarer and
rarer.
Speaking of the SBA issue, Fred, are SBAs getting to be less common in
all of the dollar coins you buy from your bank, to put into
circulation?
I put all halves and golden colored dollar coins back into
circulation, though, and I buy them from the 7 Eleven guy, to make
sure the coins go into circulation, instead of back to the bank.
> 3) The "secret plan" has always been (loosely) based on a long
> timetable with the Presidential election and new congress as one of
> the points along the path. I have told the original poster many times
> that NOTHING will happen until after the new president and congress
> are sworn in, at work and after they get other urgent things done.
> They will get to this eventually. My estimate has always been "by
> 2010".
>
Well Fred, you did tell me the secret plan could start as soon as late
2008, but then, I think you also said some time in 2009. I was just
basing the issue on that. Sorry. I guess I shouldn't give up on
getting rid of $1 bills, just yet. So I will continue to do my part.
By the way Fred, have you heard anything else on the secret plan?
Another thing I'm suprised about, was how the new colorized $100 bills
were supposed to come out this fall, but now I'm hearing "spring of
2009" I wonder if the Presidential election had something to do with
the delay.
Also, if the secret plan is to start working, the Mint would be wise
to talk to the Treasury and BEP about the new colorized $2 bill I have
been babbling about, forever. I have sent letters to the Mint
recently, telling them that a redesigned $2 bill may help people
support the $1 coin, who don't want to carry a bunch of change, but I
also suggested a $2 coin, once people got used the $1 coins and $2
bills, to the point where they'd think a $2 coin is a good idea. But a
redesigned $2 bill, if issued, should maybe come out in 2010, or maybe
late 2009, and save 2010 for the new $500 bill I have been babbling
about.
shreadvector
Redesigning the $2 bill will cuase it to circulate less because people
will think it is a collectable. It is not like the Five or Ten or
Twenty that can be redesigned and still circulate. Why? Simple: Those
denominations are ordered and used by the tens of millions by every
business in the USA and all consumers are used to handling them. if
the color or design changes, they must deal with it. With the Two,
they are not used to them, so if they see a change, they will hoard
them as "new and rare" or "they'll be valuable someday".
NexGen $100 was probably delayed by a lot of factors, ranging from
delays in testing the new features ("Motion" tm) to waiting for new
signatures.
I doubt I ever said late 2008 since the election is late 2008 and they
do not take office until early 2009 and must get more important
legislation out of the way before dealing with this. Who knows, they
might get to it at any time if they want to use the billion dollar
savings in their budget considerations. I've heard nothing new and I
have not called or asked.
malanu...@aol.com
>
> Redesigning the $2 bill will cuase it to circulate less because people
> will think it is a collectable. It is not like the Five or Ten or
> Twenty that can be redesigned and still circulate. Why? Simple: Those
> denominations are ordered and used by the tens of millions by every
> business in the USA and all consumers are used to handling them. if
> the color or design changes, they must deal with it. With the Two,
> they are not used to them, so if they see a change, they will hoard
> them as "new and rare" or "they'll be valuable someday".
I know that we have argued this before, and way more than once, but
the same thing could be said for the current style $2 bill. Only, with
the old style $2, people may see them, and think that they are even
more rare, and possibly, may also think that $2s are no longer being
printed. Some people might be dumb enough not to actually look at the
series year on a new $2 bill. They will still see that "small head"
and think "rare, no longer issued ollectible" If they see a new design
$2, they'll know that $2s are still being printed, and may be willing
to let go of some of them and may spend them more. People are hoarding
Prexi and Sac GDs as well, and you don't seem to think thats a problem
(not having an atitude with you or anything, by saying that) so I'd
rather gamble that the $2 bill get redesigned. When my mom goes to
bingo though, $2s, $1 coins of any type, and halves all get hoarded.
So as you can see, its not just $2s. And if the Fed floods the
currency pipeline, with huge ammounts of both, new GDs and redesigned
$2s, eventually, there will be so many of both, that people will have
to quit hoarding them, and would have to spend them.
>
> NexGen $100 was probably delayed by a lot of factors, ranging from
> delays in testing the new features ("Motion" tm) to waiting for new
> signatures.
Yeah, last I heard, the new $100s were supposed to be Series 2006 $100
bills, but now, I'm hearing rumors on Where's George, that there may
be a Series 2009, which would be neat. I also heard about a possible
return of Lawrence Summers as Secretary of the Treasury. So hey, I
could write to him again, and say in the letter, "Hey, remember me?
I'm that nutcase that wanted you to reissue the $500 bill" He he...
>
> I doubt I ever said late 2008 since the election is late 2008 and they
> do not take office until early 2009 and must get more important
> legislation out of the way before dealing with this. Who knows, they
> might get to it at any time if they want to use the billion dollar
> savings in their budget considerations. I've heard nothing new and I
> have not called or asked.
>
>
You mentioned something about late 2008, but maybe you just meant
talks about it, and no real action. What do you think the odds are, of
them using the $1 bill elimination issue as part of the billion dollar
savings plan?
Oh, and you never answered my question about SBAs getting rarer. Are
you getting a lot less SBAs in the dollar coins you buy from the bank,
to circulate?
shreadvector
I did not answer the SBA question because the message with imbedded
quoted message got insanely long and I forgot. They ratio of SBAs to
GDs is slightly lower but it varies on the box and when the box was
rolled/packaged. Newer boxes have fewer.
I have no estimate on odds.
Your logic on $2s is completely flawed. The Fed cannot "flood the
pipeline". They can only attach a reserviour of new currency and coin
to their end of the pipeline. It is up to businesses and consumers to
suck them from the pipeline by ordering them from their banks and
using them.
And a redesigned $2 will result in vending machine problems which will
lead to the few people who actually use themin machines getting
frustrated and eventually stopping their use of them. Redesign of the
$2 before the dollar biull has been eliminted for a full 2 years will
result in the death of the circulation of the $2 bill.
I am done now. I've said all this many times before. Please save the
messages on your hard drive as a word document. Then when you get
ready to ask the same questions again or propose the same suggestions
again, review my messages for the answers. I will not waste more time
typing this over and over again. I may simply reply with a very short
response like "false, see past responses".
Paul Anderson
<7418ca97-069b-43d6...@n10g2000yqm.googlegroups.com>,
malanu...@aol.com wrote:
> Only, with the old style $2, people may see them, and think that they
> are even more rare, and possibly, may also think that $2s are no
> longer being printed. Some people might be dumb enough not to
> actually look at the series year on a new $2 bill. They will still
> see that "small head" and think "rare, no longer issued ollectible"
> If they see a new design $2, they'll know that $2s are still being
> printed, and may be willing to let go of some of them and may spend
> them more.
But when people see a "small head" $1 bill they don't think "rare and
collectible".
But I agree that redesigning the $2 bill _in the same fashion as the
$5-$100 bills_ might make a difference.
But most people, regardless of design, will think they're rare and save
them. The only thing that will prevent that is...
...seeing more of them.
I'm trying to solve this problem. ;-)
Paul
--
Paul Anderson
OpenVMS Engineering
Hewlett-Packard Company
malanu...@aol.com
>
> And a redesigned $2 will result in vending machine problems which will
> lead to the few people who actually use themin machines getting
> frustrated and eventually stopping their use of them. Redesign of the
> $2 before the dollar biull has been eliminted for a full 2 years will
> result in the death of the circulation of the $2 bill.
First off, as I said, why wouldn't vendors simply upgrade their
machines to take new $2s like they did for new $5s? Why do you think
that I suggested at one time, for both, new $5s and new $2s to come
out at the same time, when the new $5s were being planned. They could
have reprogramme their machines, including machines that do not even
take the current $2 bill, since many machine do not take $2s anyway,
and with many more machines programmed to take new $2s, the
circulation of the $2 would have likely picked up, not slowed down.
Waiting a full two years after the $1 bill is gone, if vendors
reprogram their machines to take the current $2 design, you will have
the same problem we currently have with the $1 bill redesign: The
vending industry will try to block the redesign of the $2, claiming
that they would have to spend too much money on reprogramming for a
new $2 design, later. They have already been complaining about
redesigned $5s, and even Jim Benfield told me, before he died, that
they should have redesigned the $2 back in the late 1990s or around
the early 2000s, because, once vendors get one design programmed in,
they WILL do the exact same thing they currently do with the $1 bill:
Block the redesign. Or was Jim Benfield, the one who helped out on the
dollar coin issue and other currency issues, who knew of, and
associated with the vending industry, and knew what the vending
industry wanted, "flawed" as well?
Oh, and if we waited two years after the $1 bill is eliminated, and
the old style $2 actually was circulating, you might as well start
advocating a $2 coin by then, because that is probably the only change
for the $2 that the vendors will want to invest in making changes for.
> I am done now. I've said all this many times before. Please save the
> messages on your hard drive as a word document. Then when you get
> ready to ask the same questions again or propose the same suggestions
> again, review my messages for the answers. I will not waste more time
> typing this over and over again. I may simply reply with a very short
> response like "false, see past responses".
>
Well then, be done. But keep in mind that I'm not the only person
repeating things, here. I'm just saying what I believe.
But one more thing I want to ask, and I'll try to remember your
answers this time, but, is 2009 a good time to start pushing for new
$500 bills gain, to be issued in 2010? After the $100 bill is relesed
with the new "motion" feature in 2009, if the feature proves to work
good against $100 bill counterfeiting, maybe they'll think that its
safe enough to issue highly secure $500 bills, by 2010, and I was
thinking, since I would want the $500s to come out in 2010, maybe I
should start writing to Congress and the Treasury in early 2009, since
the BEP has stted that it will take at least 12 to 18 months to design
and issue new $500s if they decided to do so. And one final question:
If in fact a congressman in the next administation does write
legislation on eliminating the $1 bill, should I write him, to propose
adding language for issuing $500 bills as well? With all of these new
$100 bills needed to be printed, and the steady growing demand for
$100s, and as $100s get more expensive to print every 7-10 years with
redesigns and adding more features, don't you think that a $500 bill
would also be a cost savings measure if they cut back on printing
$100s? Also, I have been reading that, the U.S. dollar's popularity
overseas, in the Euro countries, where the U.S. $100 bill's main
demand is coming from, is dying a slow death, due to the conveinience
of 200 and 500 Euro notes. So doesn't anyone here think that the U.S.
Treasury will do something about this, and issue at least a $500 bill?
(Even though it would also seem wise for the U.S. to issue new $200,
and $1,000 bills with the 500 Euro note being worth close the $1,000
U.S. as well, but let's at least think $500s for now)
reality
No one outside of a few fanatics remotely care about whether or not
dollar coins or $2 bills are ever accepted into the everyday stream of
general commerce.
Paul Anderson
<3fde5d1a-6edd-4a1e...@t39g2000prh.googlegroups.com>,
reality <realit...@ausi.com> wrote:
> No one outside of a few fanatics remotely care about whether or not
> dollar coins or $2 bills are ever accepted into the everyday stream
> of general commerce.
That's right, as most people aren't aware of the benefits or need of
changing the coin and bill system because of inflation. Most people
simply accept what is handed to them at the store and bank and never
question whether something else would be more convenient or better.
Since most other countries have changed their coins and bills to adjust
for inflation and ease of use, would you say it was a "few fanatics" who
brought about that change in those countries? Or was it just good
common sense?
Bruce Remick
"Paul Anderson" <paul.a...@hp.com> wrote in message
news:paul.anderson-CDD...@usenet01.boi.hp.com...
I think his point was that all but a few "advocates" care a whit whether
dollar coins or $2 bills are accepted into the everyday stream of general
commerce. If some find these two useful and available, they will use them.
Otherwise, why should they care about what others think about the various
coins and bills available to them? Basically, the general public couldn't
care less about $2 bills, and most can get along just fine with $1 bills.
Any benefits or savings would be in the future, as long as both dollar coins
and dollar bills are being produced. As it is, continuing to force feed
tons of new dollar coins to an apathetic public could be considered a waste
of money and effort. And with the way we're prepared to hand out tens of
billions lately, any projected $100 million saving could be considered chump
change which wouldn't even help GM remain stable for a day.
What other countries do to satisfy their own peoples' needs their own
concern. We're doing the same thing here, and most people I encounter seem
content with it. If this country operated on "good common sense", we
probably wouldn't be in the condition we now face.
Peter Irwin
>
> Since most other countries have changed their coins and bills to adjust
> for inflation and ease of use, would you say it was a "few fanatics" who
> brought about that change in those countries? Or was it just good
> common sense?
In Canada, the decision to phase out the dollar note in favour of
a circulating coin came from the Bank of Canada. The Bank decided
that the increased printing costs and high rate of replacement of
dollar notes meant that the bank should get out of the one dollar
note business. So the Bank asked the Mint to produce a coin which
would replace the dollar note. The Mint decided that the original
plans for the SBA dollar - 11 sided and gold in colour - were the
right idea. There was very little public consultation. The people
at the Mint reasoned that an 11-sided coin was likely to be a hit
because they knew that the old 12-sided nickels had been loved by
practically everyone.
By the time that the legislation was introduced, the complete
plans were already in place. It turned out that the reverse
design had to be changed because the die went missing, but
everything else went pretty much exactly as planned.
Peter
--
pir...@ktb.net
reality
> "Paul Anderson" <paul.ander...@hp.com> wrote in message
>
> news:paul.anderson-CDD...@usenet01.boi.hp.com...
>
>
>
>
>
> > In article
> > <3fde5d1a-6edd-4a1e-a67d-a0b010e16...@t39g2000prh.googlegroups.com>,
> > reality <realitych...@ausi.com> wrote:
>
> >> No one outside of a few fanatics remotely care about whether or not
> >> dollar coins or $2 bills are ever accepted into the everyday stream
> >> of general commerce.
>
> > That's right, as most people aren't aware of the benefits or need of
> > changing the coin and bill system because of inflation. Most people
> > simply accept what is handed to them at the store and bank and never
> > question whether something else would be more convenient or better.
>
> > Since most other countries have changed their coins and bills to adjust
> > for inflation and ease of use, would you say it was a "few fanatics" who
> > brought about that change in those countries? Or was it just good
> > common sense?
>
> > Paul
>
> I think his point was that all but a few "advocates" care a whit whether
> dollar coins or $2 bills are accepted into the everyday stream of general
> commerce. If some find these two useful and available, they will use them.
> Otherwise, why should they care about what others think about the various
> coins and bills available to them? Basically, the general public couldn't
> care less about $2 bills, and most can get along just fine with $1 bills.
>
Personally I hate dealing with $1 and $2 coins in Canada, and
especially the 2 Pound coins in the UK. I always seem to end up with
a pocket full of the heavy, annoying things no matter how hard I try
to get rid of them. And if you have the misfortune of getting stuck
with some of them and bringing them back to the US, you are out of
luck, because no one I know of will exchange current foreign coins for
dollars.
I hope we never get rid of $1 bills. IMO dollar coins suck for the
above stated reasons, and wasting time and resources producing a non-
circulating note such as a $2 bill is just being silly.
shreadvector
I just got an ultra shiny "Lucky Loonie" today. I think it is
spectacular.
Bruce Remick
"reality" <realit...@ausi.com> wrote in message
news:c089363f-1a3a-4fe3...@d36g2000prf.googlegroups.com...
**********************
I had a brief experience with one and two pound coins in the UK and didn't
really mind handling them. I wasn't making that many purchases to end up
with many of them in my pocket at one time. If we made similar coins here
in the US, I'm sure I would have no problem adjusting to them. Otherwise, I
still couldn't care less whether such coins are ever accepted in daily
commerce here. If they are, fine. If they aren't, that's fine, too.
***********************
> I hope we never get rid of $1 bills. IMO dollar coins suck for the
above stated reasons, and wasting time and resources producing a non-
circulating note such as a $2 bill is just being silly.
***********************
There are no places where I expect to receive dollar coins in change, so I
have never had the opportunity to "adapt" to them here. We probably could
do just fine (in the interim before plastic/electronic payment takes over)
by using only nickels, dimes, and quarters, plus the $1, $5, $10, and $20
bills for cash purchases. Watching most retail clerks stuff all the $20
bills they receive into protected slots indicates to me that they don't
expect or welcome the prospect of making change for a $100 bill.
Scott Stevenson
<realit...@ausi.com> wrote:
>
>Personally I hate dealing with $1 and $2 coins in Canada, and
>especially the 2 Pound coins in the UK. I always seem to end up with
>a pocket full of the heavy, annoying things no matter how hard I try
>to get rid of them. And if you have the misfortune of getting stuck
>with some of them and bringing them back to the US, you are out of
>luck, because no one I know of will exchange current foreign coins for
>dollars.
Before you check out, ask your hotel to convert as many as possible
to bills. The last time I did that, I left the UK with £1.60 in coins
(3 of them--a £1 coin, a 50p and a 10p). I converted £15 in change to
bills, which I then converted back to US$ at the airport.
take care,
Scott
malanu...@aol.com
>The last time I did that, I left the UK with £1.60 in coins
> (3 of them--a £1 coin, a 50p and a 10p). I converted £15 in change to
> bills, which I then converted back to US$ at the airport.
>
> take care,
> Scott
I'm no expert on foreign coins and currency, but since you mentioned
having a $1 coin (I don't know how to make their money symbol, so I
put a $ sign in front of it) a 50p and a 10p coin, are you saying that
the U.K. has a counterpart to our half dollar that actually
circulates? (I know that the values are different, but is that the
U.K.'s version of a half dollar?) If a U.K. half circulates, I
wouldn't abandon all hopes of getting U.S. halves circulating again,
with all of this inflation in full swing. I have been reading that,
people have been using $2 bills slowly, more and more, due to $1 not
being that much money, so people might do the same thing with halves,
when they realize that a quarter doesn't go as far anymore, either.
I'd hope for vendors to upgrade for new halves, if people decide to
use them more, to help people use halves yet even more. I don't feel
that the U.S. half should be eliminated, like some other people do.
Especially, not before the penny. A half buys a lot more than a penny
does.
Bruce Remick
<malanu...@aol.com> wrote in message
news:5d0d95ae-650b-49b7...@q9g2000yqc.googlegroups.com...
*******************
If consumers and merchants wanted half dollars to circulate, you would not
have seen these coins disappear from commerce. Any promotional effort from
government or advocacy groups to bring them back would be a waste of time
and money. The public has spoken. Inflation or not, one half dollar will
go no farther than two quarters, and the half is no more convenient to carry
in your pocket. As for a half buying more than a penny, you'll get no
argument there.
Paul Anderson
"Bruce Remick" <rem...@cox.net> wrote:
> If consumers and merchants wanted half dollars to circulate, you
> would not have seen these coins disappear from commerce. Any
> promotional effort from government or advocacy groups to bring them
> back would be a waste of time and money.
I spend halves all the time but agree with you that they will never
again widely circulate. Gosh, if people (mistakenly) think that dollar
coins are heavy, they'd never go for carrying half dollars! Even in
Canada, where they introduced $1 and $2 coins very successfully, halves
don't circulate.
But I like them, the people at the places where I spend them either like
them (older folks) or are confused by them (younger folks). I'd rather
have one half dollar in my pocket than two quarters, but I suspect that
although $1 coins and $2 bills might someday circulate, I have no
illusions about the half dollar.
Bruce Remick
I grew up with half dollars, WL's and Franklins. I always liked them.
Still do, but I just don't have the inclination to round any up at the bank
(I always see some in the open teller trays) just to spend. I guess I'll
always be a "bill" person, what with our coins having so little buying power
anymore.
note.boy
>The last time I did that, I left the UK with £1.60 in coins
In the UK we have these coins, £2, £1, 50p, 20p, 10, 5p, 1p.
They all circulate heavily except the £2 coin. Billy
reality
> <malanutt4l...@aol.com> wrote in message
I also got a 2p coin in change in the UK. That's the only one I
thought was cool enough to actually want to keep and bring back to the
US for some reason, I guess because I like the old US 2c series.
I did like the size and weight of the 1 pound coin. The 2 pound coins
are way too heavy, IMO.
Scott Stevenson
>
>>The last time I did that, I left the UK with £1.60 in coins
>> (3 of them--a £1 coin, a 50p and a 10p). I converted £15 in change to
>> bills, which I then converted back to US$ at the airport.
>>
>> take care,
>> Scott
>
>I'm no expert on foreign coins and currency, but since you mentioned
>having a $1 coin (I don't know how to make their money symbol, so I
>put a $ sign in front of it) a 50p and a 10p coin, are you saying that
>the U.K. has a counterpart to our half dollar that actually
>circulates? (I know that the values are different, but is that the
>U.K.'s version of a half dollar?)
Yeah, they actually use them!
To make the £ symbol, try holding down the "alt" key on the keyboard,
and typing "0163" on the numeric keypad.
Back before decimalization, the UK used a 10 shilling note that was
the equivalent of the 50p coin used today.
> If a U.K. half circulates, I
>wouldn't abandon all hopes of getting U.S. halves circulating again,
>with all of this inflation in full swing.
One thing that helped with the 50p coin was that from 1971 (when they
decimalized) to 1982, there weren't any coins between the 10p and the
50p, so if you needed 70p, it was either use a 50p coin, or 7 10p
coins the size of a quarter. In 1982, the UK introduced the 20p coin,
which probably makes more sense from a "pure math" standpoint than our
quarter. AFAIK, the 50p is firmly rooted in the British monetary
system.
take care,
Scott
note.boy
Two £1 coins weigh 19 grams and one £2 coin weighs 12 grams so the £2 coin
represents a weight saving in the pocket but few will appreciate this and
think of the £2 coin as being "too heavy".
I tend to spend a £2 coin rather than two £1 coins so I probably don't
appreciate the weight saving either, on the other hand it does increase the
£2 coin circulation. Billy
Tony Clayton
After the half-crown and old pre-decimal penny the two-pound coin is fine.
We see a lot in this part of the world, and I far prefer it for two reasons:
it is lighter than two one-pound coins, and it is not much forged, whereas
a high proportion of pound coins in circulation are forged.
>
>
> Two £1 coins weigh 19 grams and one £2 coin weighs 12 grams so the £2 coin
> represents a weight saving in the pocket but few will appreciate this and
> think of the £2 coin as being "too heavy".
This seems to be a Scottish viewpoint - down here in England the two
pound coin is popular.
--
Tony Clayton tony.cla...@pem.cam.ac.uk
Coins of the UK : http://www.coins-of-the-uk.co.uk
Sent using RISCOS on an Acorn Strong Arm RiscPC
... Not genius, glory or love reflects the soul's greatness, it's kindness.