I like that idea.
If we're going to go for a new denomination, I think a $25 bill might be more practical.
How about a $3 note to honor our most recent past president? It would certainly be fitting.
All bills need to count to $100 or else tilling becomes a pain in the a$$.
No way.
I don't want to give the government another excuse to inflate our currency.
I wish we had $500 bills. I hate going on a long trip and have a large stack of $100.
Putting Sacagewea on it, and making it gold was cool, but when they released the Sacagewea dollar, they re-relesased the feminazi dollar, so neither went anywhere.
Put Reagan on a dollar coin, and melt all the others down. It would soon be one of the most circulated currencies, which is why they put the most prominent people on the smaller denominations.
I think it's a stupid idea.
Who wants a $40 bill when people generally don't like carrying bills larger than $20?
And for those who do, who would want a $40 when there's a perfectly good $50?
I say replace Andrew JackASS with Reagan on the $20 and you all can just carry two.
( I'm assuming Abraham Lincoln took the first place honors.)
There are parts of the Reagan legacy I don't remember fondly : Catsup being designated as a "vegetable"; Lebanon: with US Marines being used for daily target practice by 4 separately hateful factions,and being murdered in their sleep by a bomb blast; the Iran/Contra mess in which "mistakes were made".
I think the whole idea of a further memorial should be packed away with the lava lamps - "for later examination."
In honor of Reagan, why don't we just ELIMINATE one of the denominations?
My ATM offers me a "fast cash" option of $40. One bill instead of two works for me, although my fondest wish would be to see President Reagan on Mt. Rushmore.
If we do that the dims will be wanting a $3 bill, with Barney Frank on the front, of course.
Put President Reagan on the $100, but do it unannounced. Then, suddenly, give 60 days to trade in all your $100 bills for the new ones. The drug dealers and cash business tax evaders will have to explain the source of funds (under existing laws, cash transactions over $10,000 have to be reported).
No, I do NOT love the IRS, but I'd like to see them get a lot of those bad guys.
I can picture the panic, as they scurry from bank to bank, asking for change of $9,900 at each, in twenties!
1. Eliminate the penny and half dollar.
2. Put Abraham Lincoln on a dollar coin that's larger than a quarter and smaller than a half and RETIRE THE DOLLAR BILL like the Canadians did.
3. Put President Ron on the dime, with dual minting of Roosevelts and Reagans. (I know the animus many on this board have for FDR, but RWR personally admired the man)
4. Mint a gold, silver and platinum commemorative in honor of President Reagan.
Fire away!
Regards,
Lenny
90% Silver dollar....why put our greatest on a piece of paper aka FRN
President Reagan was the real deal..and deserves to be on real money....
imo
I brought it up months ago. Been really harping on it lately.
We need to retire the penny, but not the big fella, Mr. Lincoln. Reagan might be the answer to proliferating the $1 coin.
Not sure I like the double deuce idea..