$20 to get color

[Scubaroo]

Australia dumped $1 notes in 1984, and $2 notes in 1988... apart from some initial critisicms of how guys were going to have to start using coin purses (never happened), they've been a raging success. We also got rid of our 1c and 2c coins sometime around 1987 (forget the exact year), and they've never been missed. Prices are just rounded up or down to the nearest 5c - you win some, you lose some - but at the gas pump you can always get 2c free gas if you are quick on the trigger

 

[Babelfish]

Has anyone been to Europe recently? I was in Ireland last year and I really liked the euro. The coins are so cool. They have a 1 euro coin that is two-colored: brass on the outside with a nickel core. The 2 euro coin is a bit larger and also two-colored: nickel on the outside and brass in the center. They are really nice looking. The smallest Euro paper note is the 5, and it's dinky and blue.

 

[Phoenix]

lots of european countries had those two tone coins before the euro, the euro notes are pretty cool, the english notes get wider and longer as the denomination goes up, this makes them a pain to have in a small wallet (if you have ever seen the size of a £50 note), the euros just get a little longer, and so form a tabbed view of the different denominations, pretty neat really, and they go all the way upto €500 now i think

 

[diverlady]

Canadian $2 coin is two-toned also. Perhaps the US's move to coloured bills is the start of an overhaul of their currency. I read somewhere the life expectancy of a $1 bill is 8months. The life of a $1 coin is WAAAYYYY longer. It would be in the best interests of the US to produce coins rather than having to pay out regularly to print new bills. The costs of course are always passed on to the consumer in the form of taxes. Having $1 and $2 coins isn't so bad. It definitely encourages you to spend your change instead of holding onto it. It does get heavy in the pocket if you collect too much!

Diverlady

 

[Babelfish]

Phoenix once bubbled...
lots of european countries had those two tone coins before the euro, the euro notes are pretty cool, the english notes get wider and longer as the denomination goes up, this makes them a pain to have in a small wallet (if you have ever seen the size of a £50 note), the euros just get a little longer, and so form a tabbed view of the different denominations, pretty neat really, and they go all the way upto ?500 now i think

About 12 years ago I was in Germany. A man at my hotel was paying with a 500 DM note. It was almost as big as a piece of A4 paper. He had to fold in into quarters to get in in his wallet.

 

[Green Mountain]

...Dollar has been around so long that any one who proposes to get rid of it is considered anti-American. The dollar bill is a tradition.

Any change in money in the US would cause a major upset in the vending industry. Plus retailers complain about there cash registers having to be renewed.


I always thought that the $2 dollar bill should replace the $1 dollar bill. Every thing costs more than a buck. A one dollar and a two dollar bill could not co-exist. They tried it and it doesn't work.

A 2 dollar US bill is though to be unlucky. Does anyone know the story behind that myth?

 

[Babelfish]

benncool once bubbled...


A 2 dollar US bill is though to be unlucky. Does anyone know the story behind that myth?

No, I haven't heard of that. But, thanks to the magic of the internet, I came up with the following:

http://www.snopes.com/business/money/twodollar.asp

 

[Jonathan]

$1 and have the others as different colours and/or sizes....

In Japan the notes start at 1,000 - you normally only get 1,000 (about $10), 5,000 and 10,000 but there are 2,000 circulating but not in volume so they are considered lucky and most people keep them. Wonder why you don't get many....

Now if only we could get rid of the 1 yen coins....