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<p>[QUOTE="Midas, post: 69252, member: 2761"]You can't have both, otherwise the public will not change. </p><p><br /></p><p>Sure it is easy to carry a dollar bill instead of coin, but how often to you have 4 single dollar bills in your wallet? Remember, those dollar bills have an average life span of around 16 months before they are pulled and destroyed costing US tax payers $500 million per year to produce. What does your average nickel-clad coin last? 40, 50, 60 years?</p><p><br /></p><p>Canada and Europe pulled the plug on paper dollar bills and people grumbled at first, but very quickly adapted. They have NO paper $1 bill and their $1 coin WORKS! </p><p><br /></p><p>So I am all for a dollar coin (provided they replace the SAC obverse with something with numismatic artistry like a new depiction of liberty) and you can throw away the dollar bill. It will last longer and serve purpose with day to day transactions.</p><p><br /></p><p>BTW...the mint made a bunch of SAC coins (2000 and 2001), but since the government will continue to make a paper $1 bill, these coins and all other $1 coin will FAIL. You <u>cannot</u> have paper and coins of the same denomination...it will NOT work![/QUOTE]</p><p><br /></p>
[QUOTE="Midas, post: 69252, member: 2761"]You can't have both, otherwise the public will not change. Sure it is easy to carry a dollar bill instead of coin, but how often to you have 4 single dollar bills in your wallet? Remember, those dollar bills have an average life span of around 16 months before they are pulled and destroyed costing US tax payers $500 million per year to produce. What does your average nickel-clad coin last? 40, 50, 60 years? Canada and Europe pulled the plug on paper dollar bills and people grumbled at first, but very quickly adapted. They have NO paper $1 bill and their $1 coin WORKS! So I am all for a dollar coin (provided they replace the SAC obverse with something with numismatic artistry like a new depiction of liberty) and you can throw away the dollar bill. It will last longer and serve purpose with day to day transactions. BTW...the mint made a bunch of SAC coins (2000 and 2001), but since the government will continue to make a paper $1 bill, these coins and all other $1 coin will FAIL. You [U]cannot[/U] have paper and coins of the same denomination...it will NOT work![/QUOTE]
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