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<p>[QUOTE="NOS, post: 3581838, member: 2098"]I'd say they will be around for the foreseeable future. It would take Congressional action to do away with them so unless that happens they're not going anywhere anytime soon.</p><p><br /></p><p><br /></p><p><br /></p><p>No, actually it doesn't. U.S. dollar bills last for an average of 5-6 years these days due to improvements in fitness-scanning equipment from the government. Many billions of dollar coins would need to be minted to replace the number of dollar bills in circulation.</p><p><br /></p><p>With the high cost of metal and with the increased lifespan of dollar bills it is not economically feasible to replace them with coins (contrary to what politicians in copper-mining states such as Arizona will tell you). Not to mention the higher cost of shipping them around due to higher weight than dollar bills. It may have made economic sense to switch to dollar coins in about 1985 when metal prices were low but that ship has long since sailed.[/QUOTE]</p><p><br /></p>
[QUOTE="NOS, post: 3581838, member: 2098"]I'd say they will be around for the foreseeable future. It would take Congressional action to do away with them so unless that happens they're not going anywhere anytime soon. No, actually it doesn't. U.S. dollar bills last for an average of 5-6 years these days due to improvements in fitness-scanning equipment from the government. Many billions of dollar coins would need to be minted to replace the number of dollar bills in circulation. With the high cost of metal and with the increased lifespan of dollar bills it is not economically feasible to replace them with coins (contrary to what politicians in copper-mining states such as Arizona will tell you). Not to mention the higher cost of shipping them around due to higher weight than dollar bills. It may have made economic sense to switch to dollar coins in about 1985 when metal prices were low but that ship has long since sailed.[/QUOTE]
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