[Willie Green]

Sounds good to me, especially if they discontinue the $1-bill if favor of a coin.
Pennies are a nuisance too, should discontinue them.

[KarlInOhio]

How many people at the US Mint are employed to make pennies? :-)

Seriously, dump the penny and the $1 and $2 bills. Find someone meaningful and likable for the $1 coin and while they're at it, find a red-golden alloy that doesn't tarnish for it (unlike the squawbucks which were too silvery to identify at a quick glance and they tarnished too much).

[Blood of Tyrants]

I like the $2 bill. With Thomas Jefferson on the fron and the signing of the Declaration of Independence on the back, it is one of the best bills we have.

I agree witht he pennies. Get rid of them and round to the nearest nickel.

[Onelifetogive]

Pennies are a nuisance too, should discontinue them.

How about eliminating pennies and nickels and replacing them with a 2 cent coin. All prices would round to the next even amount. There would still be no need for more that 4 of the smallest coins in change (same as now). The dollar coin would have a place in cash registers and the two dollar bill would have a place as well.

The government wouldn't need public support. They could just do it.

[MineralMan]

There's an old story, possibly apocryphal, that the Navy in San Diego started paying sailors in $2 bills. They did this because Navy personnel were getting a raw deal from locals there.

Once folks started seeing all those $2 bills, things started to change.

Maybe Freepers should adopt the $2 bill.

[ReaganRevolution]

My brother likes to give out $50 dollars in $2 bills for graduation gifts. He has to go to 2 or 3 banks just to get enough to make $50. I like the $2 bill too, and I'm with you dump the penny.

[Lee Heggy]

I think the back of the two dollar bill is one of the nicest looking pieces of currency we have. I think a two cent coin would be worth a try. Nickles are a bother along with pennies.
Love those 2$.

[4mycountry]

Pennies are a nuisance, but you really can't dump them.

Think about it: You go and buy a candy bar and it costs 13 cents. You give the guy a dime and two two-cent pieces. Well, you need one-cent in change. If there's no penny, how do you do that?

[The Great RJ]

One problem is the many semi literate help that have enough trouble making change with our present currency. I can't imagine these people trying to make change for a $2 bill.

However, I think a $3 bill might be in order and would suggest that Rep. Barney Franks portrait adorn it.

[The KG9 Kid]

I'm still holding out for:

1. A $5 coin. Before switching over to the Euro standard, Holland had a 5 Guilder coin that was a pleasure to use. Four of these in your pocket in addition to paper money was enough to get you through the whole day. Now, Europe has a coin that's worth three dollars or so (2.5 Eu face value) and it just isn't the same. America's $5 coin should be sized mid-way between the nickel and quarter, be twice as thick as a nickel, and finished in a better faux golden color than the miserable Squawbuck $1 coin.

2. I think that the reverse face of the $1 or $2 bill should have the Bill Of Rights listed on the back.

3. Getting rid of the penny and round up to the nearest tenth of a dollar. You can get rid of the $1 note if you want, but be prepared to get a lot of change back. One problem that Europeans have is gathering an avalanche of change in their pockets at the end of the day. The Euro coin worth 2.5 and the Dutch 5-Guilder was designed to help erase this, and the US better think of something similar if we eliminate the penny and $1 bill. That's why I hope for a $5 coin and not some half-fast measure like a $2 coin.

[Atlas Sneezed]

I think the Euros got it about right.

They have 500 and 200 Euro notes, which would be nice for a guy who wants to carry 10,000 to a gun show without a giant lump.

Then there are the expected 100, 50, 20, 10, and 5 Euro notes. They also have 1 and 2 Euro coins that are very handy in daily life.

For change, they have 0.50, 0.20, 0.10, 0.05 and 0.01 coins. The 1 and 5 cent coins are stupid (and are the only copper colored ones, so you know what not to pick up when dropped.)

The system was clearly designed to be economically efficient with modern economic values.

If it were up to me, I would coin nothing less than what a minimum wage worker (~$6/hr) earns in a minute. That woud be a dime. (Take a walk, and find a penny on the sidewalk every six seconds, and you're earning minimum wage!)

Include a 50 cent piece, a $1 coin, and a $2 coin, you you are about where our system was 50 years ago.

[joesnuffy]

I think they should print up a Three Dollar Bill
and put Barney Franks or Richard Simmons face on it

[Hatteras]

"No one knows exactly why, but some blame the human tendency to make a keepsake of an oddity."

Actually, I know the reason. It's my crazy old aunt. She still sends me one crisp $2 bill every year for my birthday. Worse yet, I still HAVE them all!

[Fraulein]

I vote to keep the penny. Why should I round up?

[1Old Pro]

Isn't hillary pushing for a $3?

[b-cubed]

I knew a woman (and she wasn't a blond) who saved $2 bills for years.

When she had about $500 worth she started getting a little worried about having them around the house so she deposited them in a savings account.

She wanted to keep them in a safe place so she could give them to her son when he graduated from high school.

This a true story.

[zeugma]

Here's what they need to do:

1. Get rid of the $1 bill.
2. Get rid of the penny.
3. Mint lots more $1 coins
4. Print more $2 bills.

One of the main objects to widespread use of the $1 coin both when the SBA and the Sach were introduced is that they would require a major redesign of cash registers nation-wide. Dropping the penny would get rid of this objection, as all coins would just move over one slot.

Pennies are useless anyway. Is there anything you can actually buy with a single penny?

Personally, I like dollar coins, but I haven't been thrilled with the design of either of the newer ones. I use them when I can though.

$1 bills have too much velocity within the economy to last very long. $1 coins would last much longer, thus save the treasury significanty in the long run.

[Knightsofswing]

IHMO, I think that we should go back to gold & silver! The money crap we are using in not worth the linen it is printed on!

[dljordan]

Maybe they can get the three-dollar bill for California. Ok, I'm sorry I said that.

[PoorMuttly]

Great. Then I can get change for this 40.

[roadcat]

Why can't we devalue the dollar in some way? So as of some future date, you turn in ten old $1 bills and get one new $1 bill. Then coffee will be 10 to 20 cents and we could use pennies again.

I know, I know. It would be a nightmare to set up. But I miss the old days where a pocketful of change was worth something. Like buying penny candy, 12 cents for twinkees, 5 cents for a large pickle, 10 cents for a soda, etc.