Mojotronica
Expect Irony.
Patrick Henry would be another good non president
Currency re-org.
- Thread starter Mojotronica
- Start date
Perfection
The Great Head.
GerrardCapashen,
I'm pretty sure the 50-cent-piece is still minted
I'm pretty sure the 50-cent-piece is still minted
GerrardCapashen
Benalish Master-at-Arms
Perfection said:
I checked the U.S. Mint website, and while you can buy the Kennedy 50 cent pieces as collectibles, they are not released by the Mint into general circulation. So you are technically correct, but they will rarely be seen.
I'll update my list again. I seem to be full of errors today.
Archer 007
Rebirth
Marla_Singer said:
I agree with most of this, except that unemployment lowered during his adminstation.
taper
Meet Tux
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Marla_Singer said:
Plus there's the fact that Reagan was the most popular president since Washington, winning all but one state, his opponents home, in his re-election. Only Washington did better. You may disagree with some of his policies, but has there ever been an uncontroversial president?
Back on topic, I think Reagan and TR deserve their face on the money, and that nobody should have a bill and coin, there's just not enough room for that. I'd also like to have one of the coins feature a 5 year rotation of various lesser, but still important figures in gov't. Thurgood Marshall, Sandra Day O'Connor, some of the other presidents, maybe important members of Congress.
North King
blech
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Personally, I could care less about the bills... I'm an avid coin collecter though, so...
I think TR should have a coin of his own. Either the penny or the nickel, then moving either Lincoln or Jefferson to some other area. I'd prefer the nickel, though, because Lincoln head pennies are such a national icon, and I don't think the penny would do him justice. TR would just be... crowded on such a small coin.
I think TR should have a coin of his own. Either the penny or the nickel, then moving either Lincoln or Jefferson to some other area. I'd prefer the nickel, though, because Lincoln head pennies are such a national icon, and I don't think the penny would do him justice. TR would just be... crowded on such a small coin.
Plexus
Architeuthidae puericomedentis
Give Truman a bill or coin!
MrPresident
Anglo-Saxon Liberal
I think they should introduce a rule stating a person must be dead by at least 100 years for them to have their face on money, with the exception for Her Majesty obviously.
Mojotronica
Expect Irony.
Because I am obsessive-compulsive I've spent some time researching the origin of our currency system. Coins and Bills are handled by two separate gov't agencies, (Coins = the US Mint, Bills = Bureau of Engraving & Printing) and coins have a much less consistant history than the bills.
In 1928 the bills were assigned their current assortment of Dead Presidents/historical figures. In addition to those we're familiar with, four larger denominations were created at that time, discontinued in 1945 and taken out of circulation in 1969 because they were so seldom used. They are:
$500 = William McKinley
$1000 = Grover Cleveland
$5000 = James Madison
$10000 = Salmon P Chase (Chase was an abolitionist who served in several gov't positions, but in particular as Sec of the Treasury in the 1860s.)
Coins were minted with symbolic and historical imagery until 1909 when the Lincoln penny was introduced. Over the next several decades each coin rec'd a Presidential figurehead -- the Washington Quarter in 1932, the Jefferson Nickel in 1938, the F. Roosevelt Dime in 1946, the Kennedy Half Dollar in 1964 and the Eisenhower Dollar in 1971. In 1979 the Ike Dollar was replaced with the Susan B Anthony Dollar, which flopped. However more WERE produced in 1999. In 2000, the Sacagawea Golden Dollar was introduced, but it was apparently a limited run.
Using the Inflation Calculator, http://www.westegg.com/inflation/ I determined that the value of US currency in 1928 was (conveniently) about 10 times what it is today. So from the perspective of a 1928 American a penny was equivalent to our 10-cents, a dollar = our $10 etc...
That bodes ill for our modern penny, which now represents a value so low that Americans in 1928 didn't even bother measuring it.
Interestingly the value of currency was about five times what it is today in 1969, when the gov't took the insanely high bills out of circulation. At that point the highest USEFUL bill was the hundy, which was worth to them about what FIVE-hundy is worth to us. So (thanks to inflation) the $500 dollar bill seems poised for a comeback.
Since the Bureau of Engraving & Printing wants to hand off production of the Dollar to the US Mint, and the $2 bill has never really taken off, it would make sense for the long haul to discontinue those bills. The $2 value could be resurrected as a coin, although who knows if it will be any more successful in that form. That leaves a nice progression of six bills, as follows: $5, $10, $20, $50, $100 and $500.
The current figureheads on these bills are:
$5 = Lincoln
$10 = Hamilton
$20 = Jackson
$50 = Grant
$100 = Franklin
$500 = McKinley
Pennys are pretty much obsolete these days. Eventually they'll be discontinued too. But for the time being we could have seven coins: 1c, 5c, 10c, 25c, 50c, $1 and $2.
The current figureheads on these denominations are:
1c = Lincoln
5c = Jefferson
10c = F Roosevelt
25c = Washington
50c = Kennedy
$1 = Washington/Sacagawea
$2 = Jefferson
That adds up to thirteen different denominations, one for each of the original thirteen states. Or, by discontinuing the penny, a nice round number twelve. Or by paring it down to only the most currently useful denominations (1c, 5c, 10c, 25c and $1) a weird eleven. Or by dropping the penny and rounding everything to 5c, a pleasant ten.
Most of the figureheads on currency are Dead Presidents, with Hamilton, Franklin and Sacagawea the exceptions. Most of these people are held in high esteem, although in retrospect Grant is thought to have been a poor President. (He IS credited with turning the tide against the Confederates in the Civil War.)
The most recent well-circulated survey of Presidents was conducted in 2000, by the Wall Street Journal and the Federalist Society. Here's a link to it:
http://ragz-international.com/pres.pdf
According to their experts, the top ten Presidents were:
1. Washington*
2. Lincoln
3. F Roosevelt
4. Jefferson
5. T Roosevelt
6. Jackson*
7. Truman
8. Reagan
9. Eisenhower*
10. Polk
The * indicates that they were also war heroes. T Roosevelt's service in the Spanish-American War is highly regarded, but it was relatively insignificant compared to his political career. The War of 1812 was fairly inconclusive, but Jackson is credited with salvaging America's prestiege by winning the Battle of New Orleans (after the war was over...)
The next batch of Presidents that were highly regarded by the survey participants were:
11. Wilson
12. Cleveland
13. J Adams
14. McKinley
15. Madison
16. Monroe
17. L Johnson
18. Kennedy
All are considered to be above average.
Both Benjamin Franklin and Alexander Hamilton are also highly esteemed, but Hamilton is vulnerable to replacement. Pro-Reagan-on-the-currency advocates are pushing to have him pushed off the ten. Alternately, they'd like to get Reagan on the dime, sharing it with FDR.
In my opinion, FDR belongs on the dime. Benjamin Franklin probably deserves his place on our currency too. That leaves five slots for Presidents on our bills, which if synched with the WSJ/FS survey should probably go to Washington, Lincoln, Jefferson, T Roosevelt and Jackson.
How about this reconfiguration, which makes as few changes as possible?
$500 = Jefferson (sort of shoved to the extreme of the spectrum by default, but in the long run this will be a fairly common yet prestigious bill.)
$100 = Franklin
$50 = T Roosevelt (replaces Republican Grant, this denomination will eventually supplant the $20 as the most common bill -- deserving of a bipartisanly respected Prez.)
$20 = Jackson
$10 = Washington (#1 x 10, to honor his first prez status.)
$5 = Lincoln
And for the coins:
$1 = Truman ("the buck stops here...")
25c = Reagan (or Eisenhower)
10c = F Roosevelt (March of Dimes)
5c = Eisenhower (or Reagan)
These three units, being relatively untested or potentially obsolete, should get the slightly less esteemed guys:
$2 = Polk
50c = Wilson
1c = Cleveland
In 1928 the bills were assigned their current assortment of Dead Presidents/historical figures. In addition to those we're familiar with, four larger denominations were created at that time, discontinued in 1945 and taken out of circulation in 1969 because they were so seldom used. They are:
$500 = William McKinley
$1000 = Grover Cleveland
$5000 = James Madison
$10000 = Salmon P Chase (Chase was an abolitionist who served in several gov't positions, but in particular as Sec of the Treasury in the 1860s.)
Coins were minted with symbolic and historical imagery until 1909 when the Lincoln penny was introduced. Over the next several decades each coin rec'd a Presidential figurehead -- the Washington Quarter in 1932, the Jefferson Nickel in 1938, the F. Roosevelt Dime in 1946, the Kennedy Half Dollar in 1964 and the Eisenhower Dollar in 1971. In 1979 the Ike Dollar was replaced with the Susan B Anthony Dollar, which flopped. However more WERE produced in 1999. In 2000, the Sacagawea Golden Dollar was introduced, but it was apparently a limited run.
Using the Inflation Calculator, http://www.westegg.com/inflation/ I determined that the value of US currency in 1928 was (conveniently) about 10 times what it is today. So from the perspective of a 1928 American a penny was equivalent to our 10-cents, a dollar = our $10 etc...
That bodes ill for our modern penny, which now represents a value so low that Americans in 1928 didn't even bother measuring it.
Interestingly the value of currency was about five times what it is today in 1969, when the gov't took the insanely high bills out of circulation. At that point the highest USEFUL bill was the hundy, which was worth to them about what FIVE-hundy is worth to us. So (thanks to inflation) the $500 dollar bill seems poised for a comeback.
Since the Bureau of Engraving & Printing wants to hand off production of the Dollar to the US Mint, and the $2 bill has never really taken off, it would make sense for the long haul to discontinue those bills. The $2 value could be resurrected as a coin, although who knows if it will be any more successful in that form. That leaves a nice progression of six bills, as follows: $5, $10, $20, $50, $100 and $500.
The current figureheads on these bills are:
$5 = Lincoln
$10 = Hamilton
$20 = Jackson
$50 = Grant
$100 = Franklin
$500 = McKinley
Pennys are pretty much obsolete these days. Eventually they'll be discontinued too. But for the time being we could have seven coins: 1c, 5c, 10c, 25c, 50c, $1 and $2.
The current figureheads on these denominations are:
1c = Lincoln
5c = Jefferson
10c = F Roosevelt
25c = Washington
50c = Kennedy
$1 = Washington/Sacagawea
$2 = Jefferson
That adds up to thirteen different denominations, one for each of the original thirteen states. Or, by discontinuing the penny, a nice round number twelve. Or by paring it down to only the most currently useful denominations (1c, 5c, 10c, 25c and $1) a weird eleven. Or by dropping the penny and rounding everything to 5c, a pleasant ten.
Most of the figureheads on currency are Dead Presidents, with Hamilton, Franklin and Sacagawea the exceptions. Most of these people are held in high esteem, although in retrospect Grant is thought to have been a poor President. (He IS credited with turning the tide against the Confederates in the Civil War.)
The most recent well-circulated survey of Presidents was conducted in 2000, by the Wall Street Journal and the Federalist Society. Here's a link to it:
http://ragz-international.com/pres.pdf
According to their experts, the top ten Presidents were:
1. Washington*
2. Lincoln
3. F Roosevelt
4. Jefferson
5. T Roosevelt
6. Jackson*
7. Truman
8. Reagan
9. Eisenhower*
10. Polk
The * indicates that they were also war heroes. T Roosevelt's service in the Spanish-American War is highly regarded, but it was relatively insignificant compared to his political career. The War of 1812 was fairly inconclusive, but Jackson is credited with salvaging America's prestiege by winning the Battle of New Orleans (after the war was over...)
The next batch of Presidents that were highly regarded by the survey participants were:
11. Wilson
12. Cleveland
13. J Adams
14. McKinley
15. Madison
16. Monroe
17. L Johnson
18. Kennedy
All are considered to be above average.
Both Benjamin Franklin and Alexander Hamilton are also highly esteemed, but Hamilton is vulnerable to replacement. Pro-Reagan-on-the-currency advocates are pushing to have him pushed off the ten. Alternately, they'd like to get Reagan on the dime, sharing it with FDR.
In my opinion, FDR belongs on the dime. Benjamin Franklin probably deserves his place on our currency too. That leaves five slots for Presidents on our bills, which if synched with the WSJ/FS survey should probably go to Washington, Lincoln, Jefferson, T Roosevelt and Jackson.
How about this reconfiguration, which makes as few changes as possible?
$500 = Jefferson (sort of shoved to the extreme of the spectrum by default, but in the long run this will be a fairly common yet prestigious bill.)
$100 = Franklin
$50 = T Roosevelt (replaces Republican Grant, this denomination will eventually supplant the $20 as the most common bill -- deserving of a bipartisanly respected Prez.)
$20 = Jackson
$10 = Washington (#1 x 10, to honor his first prez status.)
$5 = Lincoln
And for the coins:
$1 = Truman ("the buck stops here...")
25c = Reagan (or Eisenhower)
10c = F Roosevelt (March of Dimes)
5c = Eisenhower (or Reagan)
These three units, being relatively untested or potentially obsolete, should get the slightly less esteemed guys:
$2 = Polk
50c = Wilson
1c = Cleveland
SeleucusNicator
Diadoch
It has been repeatedly shown that the American public will not accept large coin denominations; they prefer bills for anything above $1 and don't use coins larger than 25 cents. There is no further use in attempting to use $1 or $2 coins. Leave them to the Europeans and Canadians.
Interestingly enough, the same may hold true for denominations larger than $100.
Interestingly enough, the same may hold true for denominations larger than $100.
Mojotronica
Expect Irony.
That's bound to change as inflation continues to chip away at the value of the dollar.
Mojotronica
Expect Irony.
Hakim said:You have way to many denominations.We have
bills
500 kronor
100 kronor
50 kronor
20 kronor
coins
10 kronor (worth little more than 1)
5 kronor
1 krona
50 öre
For practical purposes, we only have ten. The others are seldom encountered.
Bills
$100
$50
$20
$10
$5
$1 (7.542 SEK)
Coins (100c = $1)
25c
10c
5c
1c
Our 1c and 5c coins are legacies of the past -- they used to be more more practical. Back in 1928, a 1c coin could buy what a 10c coin buys today. Back then a $10 was as flashy as a $100 is today. We haven't had a currency makeover since 1928.
GerrardCapashen
Benalish Master-at-Arms
Mojotronica said:
No, because for purchases larger than $100 people tend to use checks or credit cards.
Mojotronica
Expect Irony.
Stop fighting me. You know you want the $500 bill as much as I do...
FIVE-HUNDRED-DOLLARS!!! It's all about the JEFFERSONs, baby!
FIVE-HUNDRED-DOLLARS!!! It's all about the JEFFERSONs, baby!
Mojotronica
Expect Irony.
Seriously, taking inflation into acct the $100 bill of 1969 had the buying power of $500 today, and the treasury found it useful enough then to remain in circulation. The $500 is as inevitable as inflation. There is probably enough demand right now to justify issuing it again.
GerrardCapashen
Benalish Master-at-Arms
Mojotronica said:
That's it! Poll time. We'll see, won't we?
http://forums.civfanatics.com/showthread.php?t=90720
Håkan Eriksson
Commander of the Swedes.
Why do they all have to be presidents? I hink you could put some famus inventors, authors or something instead. Don't make it political. Here are some people: http://encyclopedia.thefreedictionary.com/List+of+famous+United+States+people
In my cosy little home country we have the following pepeople on our bills and conins:
Bills:
Coins:
In my cosy little home country we have the following pepeople on our bills and conins:
Bills:
- 1000 kr - Gustav Vasa (Gustav I of Sweden)
- 500 kr - Karl XI (Charles XI of Sweden) on the front and Christopher Polhem (scientist and inventor) on the back.
- 100 kr - Carl von Linné (scientist)
- 50 kr - Jenny Lind (singer)
- 20 kr - Selma Lagerlöf (singer)
Coins:
- 50 öre/0.5 kr - none
- 1 kr - Carl XVI Gustaf of Sweden (Current king)
- 5 kr - none
- 10 kr - Carl XVI Gustaf of Sweden (Current king)
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