Good.
Weren’t there some “misstrikes” that omitted the motto altogether?
It seems they ought to reissue the early ones.
Good.
But, how about doing away with this looney altogether?
If you have ever been to the UK where you can collect a pocket full of these things large enough to sink a ship you can relate to the later part of my comment
Personally I would love it if a dollar coin could replace the dollar bill. The Fed has devalued the dollar to be only a coin denomination.
Glad Congress doesn't have anything important to do.
Must have solved all of our real problems already.
But yet we can’t say Merry Christmas, Put up a Nativity Scene, or dispaly a bible outside a courthouse. Weird.
This is just silly. I consider the phrase to be in a place of prominence on the edge.
We Christians really need to think about more important things.
It’s time once again to trot out my currency and coinage reform proposal.
Given that there has been ample inflation on the order of 10 since the last change, and we have an excessive array of confusing coins and low-value currency, it is time for a practical simplification.
First, denominations need to proceed in a proportional way without large value ratios or crowded ratios. The classic 1-5-10-50-100... progression with ratios of 2.0-5.0 is ideal as a minimum, with denominations of 2, 20, etc. being optional for important valuations.
Second, we want to avoid coins of such low value that they are more trouble than they are worth. Economic waste occurs with the extra time wasted dealing with needlessly small coins. A penny is worth less than a minute of labor at minimum wages, and no currency transaction requires this small of denomination. The penny and the half-cent served well as the smallest denomination when their value was that of today’s dime. Note that electronic transaction are often conducted in smaller units that our smallest coin, and that cash registers have been “rounding” (without bias up or down) to the nearest small coin for sales tax purposes for generations.
Third, we want to set the coin/currency transition at a practical level that avoids our wallets being overstuffed with small bills, or our pockets with too many coins. Coins should be suitable for purchases like a magazine, a coffee, a lunch, or a brief cab ride.
Fourth, the ratio between the largest and smallest coin should be limited to a practical factor. Consider that the economy functions effectively with coins at 0.05, 0.10, and 0.25, with pennies treated as trash, and larger coins not used. That is a factor of 5 between the largest and smallest coin. A factor of 10-50 may be ideal, and a factor of 100 (as in actual coinage) is excessive.
Fifth, we need bills of adequately high value for large cash purchases (consider the largest Euro note has a value 7.5 times that of the largest US note.)
Sixth, coins should be sized approximately proportional to their value for ease of recognition and use.
The proposal:
Coins:
$0.10 (the approximate size of the current dime)
$0.50 (the size of a current nickel)
$1.00 (the size of the current quarter dollar)
$5.00 (the size of a current half-dollar) Could be set at $2 to avoid overlap with $5 note.
Currency Notes:
$5 (optional)
$10
$20 (optional)
$50
$100
$500
Our current 6 coins are replaced with 4.
Our current 7 notes are replaced with 4-6.