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Justify why we need the $1 paper bill instead of a dollar coin!
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<p>[QUOTE="Jaeru, post: 12921, member: 994"]A lot of people say something like this, but how many people regularly carry ten one dollar bills in their pockets? I can't remember the last time I ever did so. I'm sure a lot of people would also rather carry ten 25-cent notes than ten quarters.</p><p><br /></p><p>Here's an idea though: the Mint could make one dollar coins out of aluminum. If my calculations are correct, a coin made out of pure aluminum in the current one dollar size would weigh a bit less than three grams. (The current small dollar weighs about eight grams and a dollar bill weighs about one gram.) The only problem with this idea might be that vending machines would likely be unable to read the electronic signature of an aluminum coin, and so vending machines that currently accept one dollar coins would have to be replaced, not that there are that many anyway though.</p><p><br /></p><p>Has anyone ever seen plastic or polymer money? I just recently bought a Romanian 10,000 lei banknote which is plastic. (Here's the front of it: <a href="http://www.polymernotes.org/images/pics/ROUS2R1F.jpg" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.polymernotes.org/images/pics/ROUS2R1F.jpg" rel="nofollow">http://www.polymernotes.org/images/pics/ROUS2R1F.jpg</a>. The white on the left is actually clear.) Aside from the fact that plastic notes are much harder to counterfeit, they also last longer. I read from one site that while (Australian) five dollar paper bills last for six months, plastic ones last for forty months. The plastic bills last for about seven times longer, yet they cost only about twice as much to make.[/QUOTE]</p><p><br /></p>
[QUOTE="Jaeru, post: 12921, member: 994"]A lot of people say something like this, but how many people regularly carry ten one dollar bills in their pockets? I can't remember the last time I ever did so. I'm sure a lot of people would also rather carry ten 25-cent notes than ten quarters. Here's an idea though: the Mint could make one dollar coins out of aluminum. If my calculations are correct, a coin made out of pure aluminum in the current one dollar size would weigh a bit less than three grams. (The current small dollar weighs about eight grams and a dollar bill weighs about one gram.) The only problem with this idea might be that vending machines would likely be unable to read the electronic signature of an aluminum coin, and so vending machines that currently accept one dollar coins would have to be replaced, not that there are that many anyway though. Has anyone ever seen plastic or polymer money? I just recently bought a Romanian 10,000 lei banknote which is plastic. (Here's the front of it: [url]http://www.polymernotes.org/images/pics/ROUS2R1F.jpg[/url]. The white on the left is actually clear.) Aside from the fact that plastic notes are much harder to counterfeit, they also last longer. I read from one site that while (Australian) five dollar paper bills last for six months, plastic ones last for forty months. The plastic bills last for about seven times longer, yet they cost only about twice as much to make.[/QUOTE]
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Justify why we need the $1 paper bill instead of a dollar coin!
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