New Coins or No Coins?
October 31, 2013
I had a handwritten letter from a collector yesterday asking whether the country could use new $3 and $10 coins.
My initial reaction is that collectors still can dream, can’t they?
However, if coins are to survive as useful items in commerce, denominations will indeed have to increase.
I expect higher denominations, if they are ever made at all, would be an easier $5 denomination and a $10 rather than a $3.
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