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rosemaryt_gw

Goodbye Greenback, Hello Colorful Currency?

15 years ago

{{!gwi}}

This is just an artist's rendition so don't hyperventilate over the pictures on the dollars (like I did), but the US is thinking about moving away from our old tried and true dollars and into something more 'modern.'

Personally, I think they're not attractive and I think it's a waste of time, effort and money. Literally and figuratively.

Here is a link that might be useful: accompanying article

Comments (17)

  • 15 years ago

    I think they look awful.

    When we strayed from green money years ago, there was a lot of negativity. It's so commonplace now, we all like the coloured currencies, but they aren't THAT gaudy! LOL

    Our Quarters, $1 coin (Loonie) and $2 coin (Toonies)

  • 15 years ago

    Wow they're very bright!!! I like the idea of colour but I think they could tone it down just a bit.

  • 15 years ago

    Colour is much nicer to see at a glance what denomination the bills are. I love our Canadian ones. Those are just a tad too bright for me.

  • 15 years ago

    For what its worth, I'd like to see the US eliminate the paper dollar bill and use only dollar coins. By the way, Obama can't be on any currency. He has to be DEAD to do that. And I travel to Canada at least once a year. I love their money-so esthetically beautiful and you can't get the coins mixed up.

  • 15 years ago

    Great...we are in dire financial straits and they are considering this totally unnecessary and very costly undertaking.

    When a politician pledges to "fundamentally transform" the greatest nation on earth, people should realize that when you are the best, turning it upside down takes you out of first place.

  • 15 years ago

    It would be nice for those who have problems seeing well.

  • 15 years ago

    Thanks for the link, Rose. I liked the one by Sean Flanagan better than any of the others, and also because he utilized only American-designed typefaces and says his design would require at least "three different layers of solid ink, a preemptive strike against counterfeiting."

    I don't care for any of those bright colors; looks a little like Lady Gaga.

    I was going to say something like what Wanda said "Great...we are in dire financial straits and they are considering this totally unnecessary and very costly undertaking." She said it better than I would have.

    Sue

  • 15 years ago

    I like the new designs and especially like the vertical one. It only makes sense since that's how bills are used and could eliminate a lot of hassles with facing bills.

    Normally I wouldn't be in favor of the expenditure, well actually I would usually be absolutely against it, but I do think it could use some updating, for functional reasons and not simply aesthetic. Tried and true they may be but that doesn't mean the design is not obsolete. It's pretty easy to counterfeit the American dollar and I don't see bright colors equating to gaudy either. I don't like the pink but the bright colors will certainly help reduce cash handling errors. It'd be simple to flip through a stack of bills and see an out of place bill.

    And I won't accept $1 coins when they try to pass them off onto me. No way. Trying to carry $10-$20 in slugs? Are you kidding me? Don't like $2 bills either.

  • 15 years ago

    Wouldn't the current bills be phased out gradually and the new colored bills be printed on the same schedule as new money is printed now? The cost would probably not be overwhelming.

    I think I would like colored money. At least I would not mix up the tens and twenties like I have done a few times.

  • 15 years ago

    Honestly, it wouldn't be a huge cost to change something like this. All currency above the one- and two-dollar bill has been re-designed TWICE since 1996 (I think that's the date). First was to add a series-related letter to the serial number and change the other security features, and then starting about 2004, to the colorized bills with even more security features. All the old 'small head' bills are pulled out of circulation and destroyed when they cycle thru a branch of the Federal Reserve.

    The proposal in the OP's first post was pretty well shot down about 2006, when it was realized that vending machine businesses would be negatively affected. Except for the negative cost of a switch over to a new currency of different sizes, the actual cost of making the change wouldn't be out of line with the previous currency changes.

  • 15 years ago

    We have had the coloured notes for many years - they are made of special plastic - and I like them as it's easy to tell the different denominations. I have been to the US and found the notes quite confusing - they all looked the same to me!! We have coins for $1 and $2 and the smallest denomination coin is the 5c - so when paying cash everything has to been rounded up or down to the nearest 5c - which took a bit of getting used to.

  • 15 years ago

    I think the colored currency is pretty neat. Not familiar with Australian but am with Canadian. Like stamps, Canada and Australian those are beautiful. Flowers, scenery and not alot of people.

  • 15 years ago

    Hi,Cheryl_Down_Under
    I didn't realize you had the dollar and $2 coins as well!
    I love them. And of course the coloured money.
    There's talk of getting rid of the penny, so like you prices will be rounded up or down, like yours. (I'm in Canada)

  • 15 years ago

    I don't get the need for this change - If it ain't broke.....

    I think our govt. just tries to make up reasons for spending our money

  • 15 years ago

    Cheryl when DD and I visited I loved the Australian banknotes. Easy to read and the the different lengths and the different shapes of the little security would be so helpful to the blind. So are the coins.

  • 15 years ago

    I could see expense in a conversion as far as cash machines and self pay items, vending machines and such since there'd be different security measures it would require some modification but then again that would provide some jobs too which people are always harping about too so not sure if anyone would be happy!

  • 15 years ago

    The first photo reminds me of brochures. The Canadian money is pretty, but looks so easy to counterfeit.

    I think we should leave ours alone. I have no trouble telling the difference between a 1,5,10,20,50,100. And no matter what they try, no one ever likes the dollar coins. Even the gold ones didn't take off, people just seem to be collecting them.

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