So how many of you would approve of replacing the $1 bill with a $1 coin?
Me for one!
It's long overdue, and the same goes for the $2 bill.
Look at the Euro...1 & 2 Euro ARE COINS!
Loyal
im ok with it as long as its not near the size of another coin.
I'll vote no. Unless they drastically change the size. The last time they were nearly the same size as the quarter.
Not. We used the Loonies when we were in Canada and I didn't like them all that much, nor the Toonies. I understand the Canadians like them, though.
Bills printed
Fiscal Year 2012, in number of BILLS
$1 2,022,400,000
$2 134,400,000
$5 729,600,000
$10 652,800,000
$20 1,568,000,000
$50 246,400,000
$100 3,027,200,000
Loyal
I was living in Canada when the switch from bills to coins was made. People (including me) complained bitterly for about 2 weeks. By the end of 3 weeks it was all over. Dollar bills were out of circulation. And nobody wanted them to come back.
So much so that they did the same with the $2 bill (a common denomination in Canada, except Alberta)a few years later.
Something you may not have considered.
My wife owns a Subway store. We have been victimized a couple of times by "bill washing". This is where some low life bleaches out a dollar bill and then prints out a really authentic looking $20 on the paper. Taking the $1 bill out of circulation would cut into the profit margin of these jerkwads.
I'm pretty sure the girls at the bitty-tar can't hang coins outa their g-strings.
just sayin'..
They have their little ways..
Bills printed
I still think it's funny to see the "We accept no bills larger than $20" at the gas stations. It takes five of those to fill up my pickup.
Wiki says the $2 bill was brought back as a cost savings measure. I know many that frown when you spend one because there is no $2 bin in most cash registers. Same with the dollar coins at most stores.
I can deal with dropping the coins but I can still add and subtract. Something a lot of tellers at quicky-marts seem to never have mastered.
Would you like a squishy with that, Mr. Simpson?
Bills printed
> I still think it's funny to see the "We accept no bills larger than $20" at the gas stations. It takes five of those to fill up my pickup.
You get stuck with a couple of washed "$20's" and you will take precautions to avoid getting stuck with a washed "$50" or "$100". Besides, why not use your debit card to fill up? Trust me, venders prefer it. Cash is a hassle for small businesses. My store has been robbed at gunpoint twice, they didn't get a penny in debit transactions.
I don't think so! I remember the days when my poket was loaded down with silver dollars and was glad to get dollar bills.
Ya I know, only wish I had a bunch of those silver dollars now!
Keith
> So how many of you would approve of replacing the $1 bill with a $1 coin?
As long as we can do away with the penny to free up a spot in the till for dollar coins, sure, let's do it yesterday. And while we're on the subject, may we actually have some decent coin designs, too? Why do the 1920's and 30's have to be the high point of US coinage design?
I was at the laundromat last weekend. I needed 20 quarters to get the job done. I would have liked to use 5 loonies instead.
> As long as we can do away with the penny ..
There you go stealing my next polling subject. I'm all for eliminating the penny. Maybe that would free up some weight in Keith's pocket.
Kent
Right on!
Yup, I'm onboard for getting rid of the dollar bill and the penny!!!
Absolutely yes!
A one dollar coin will last much longer than a paper bill.
We have been to Europe and the euro coin system works very well.
It's great with parking meters, vending machines etc.
penny
Kent -
as I read thru the posts, I thought of the penny also. Seems I read it now costs almost 2 cents to make a penny - seems rather absurd. I'm all for the dollar coin to give it another go - folks are right about the Susan B Anthony and Sacagawea dollars being too close to the quarter size tho. maybe make it bigger, but lighter.