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<p>[QUOTE=&quot;Conder101, post: 1231208, member: 66&quot;]I sent him an email explaining that.&nbsp; Eliminating the dollar note would result in the dollar coins actually going into circulation so the government wouldn&#039;t have to spend millions of dollars to build a secure facility to store them, plus the additional ongoing cost for security.&nbsp; And since it would also result in and increase in the production of two dollar notes to a level approaching&nbsp; that of the current one dollar notes there would be&nbsp; close to a doubling of profits from seigniorage turned over to the general fund by the BEP.&nbsp; Probably to the tune of several hundred million dollars a year.&nbsp; In short eliminating the dollar note increase money coming into the general fund, eliminating the dollar coin DECREASES the money coming in. (Same profits from the BEP and the loss of about 300 million a year from the Mint&#039;s profits.)[/QUOTE]</p><p><br /></p>

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