Showing 4 ideas for tag "nickel"

Legislative Branch

Stop minting Quarter Dollars, Mint Half Dollars instead.

Some of the benefits of doing this are:

No more confusion between a quarter and a golden dollar. This means that one area of resistance to use the dollar coin is eliminated. Dollar coins have lower life cycle costs than paper one dollar bills.

It takes care of a major issue in trying to eliminate the 5 cent coin. (You could make the 5 cent coin form something other than nickel but it would have to get a new nick... more »

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Department of Homeland Security

Stop Minting Penny and Nickel

Call it the Small Change Act, the most a person would ever have to contribute on a single transaction would be 9 cents.

I once read that the cost of making the penny and nickel, both outweigh the actual value of the coin.

My proposal is similar to what some banks are starting to offer, in a keep the change program.

On all *CASH* purchases, the total price, after sales tax, would be rounded up to the nearest amount,... more »

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Department of the Treasury

Remove coins and save production costs

Stop making nickels and pennies. The production costs of these two coins far outwiegh their usefullness.

There is also a large percentage of these fixed costs that goes to raw materials.

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