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<p>[QUOTE="NOS, post: 1545037, member: 2098"]I don't know if you got the memo but the dollar bill now averages about 56 months: <a href="http://www.federalreserve.gov/faqs/how-long-is-the-life-span-of-us-paper-money.htm" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.federalreserve.gov/faqs/how-long-is-the-life-span-of-us-paper-money.htm" rel="nofollow">http://www.federalreserve.gov/faqs/how-long-is-the-life-span-of-us-paper-money.htm</a></p><p><br /></p><p>Also, as has been discussed, the costs to changeover to the exclusive use of dollar coins far exceeds the costs of keeping the dollar bill in circulation, even if the dollar coin averages 30 years. The time to changeover to the dollar coin was back in the 1980s when the cost to have done so would have been minimal and economical. The cost of base metals have gone way up since then. The government missed the window to replace the dollar bill with the dollar coin. We should now progress forward and look beyond the use of coins in circulation in their entirety.[/QUOTE]</p><p><br /></p>
[QUOTE="NOS, post: 1545037, member: 2098"]I don't know if you got the memo but the dollar bill now averages about 56 months: [url]http://www.federalreserve.gov/faqs/how-long-is-the-life-span-of-us-paper-money.htm[/url] Also, as has been discussed, the costs to changeover to the exclusive use of dollar coins far exceeds the costs of keeping the dollar bill in circulation, even if the dollar coin averages 30 years. The time to changeover to the dollar coin was back in the 1980s when the cost to have done so would have been minimal and economical. The cost of base metals have gone way up since then. The government missed the window to replace the dollar bill with the dollar coin. We should now progress forward and look beyond the use of coins in circulation in their entirety.[/QUOTE]
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