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<p>[QUOTE="Michael K, post: 22663295, member: 78298"]The dollar coins are not so bad because it's just a slightly large quarter, but again</p><p>there's no real way to spend them, especially in the self serve machines which don't take anything larger than a quarter. While it has been shown it's probably more economically sound to get rid of dollar bills and just use coins (a dollar coin while it costs more to produce can last for 30 years, 100 years, the dollar bill gets worn very quickly and has to be replaced). This opens the door for 2 dollar coins and 5 dollar coins and they could stop printing billions of 1's, 2's and 5's. But you have to convince people psychologically to carry these coins, and then you have to retrofit everything. Tolls, self serve machines, vending machines, etc. A dollar really doesn't buy anything anymore and yet we are carrying around a dozen of these notes most times, when a combination of a few coins will handle most transactions with larger bills.[/QUOTE]</p><p><br /></p>
[QUOTE="Michael K, post: 22663295, member: 78298"]The dollar coins are not so bad because it's just a slightly large quarter, but again there's no real way to spend them, especially in the self serve machines which don't take anything larger than a quarter. While it has been shown it's probably more economically sound to get rid of dollar bills and just use coins (a dollar coin while it costs more to produce can last for 30 years, 100 years, the dollar bill gets worn very quickly and has to be replaced). This opens the door for 2 dollar coins and 5 dollar coins and they could stop printing billions of 1's, 2's and 5's. But you have to convince people psychologically to carry these coins, and then you have to retrofit everything. Tolls, self serve machines, vending machines, etc. A dollar really doesn't buy anything anymore and yet we are carrying around a dozen of these notes most times, when a combination of a few coins will handle most transactions with larger bills.[/QUOTE]
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