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<p>[QUOTE=&quot;Numbers, post: 1060726, member: 11668&quot;]There are <a href="http://www.federalreserve.gov/paymentsystems/coin_currcircvolume.htm" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.federalreserve.gov/paymentsystems/coin_currcircvolume.htm" rel="nofollow">not quite 10 billion</a> $1 bills in circulation.&nbsp; But judging by the experience of Canada when they replaced their $1 bill by a $1 coin, we&#039;ll need two to three times as many coins as bills to do the same job (because the coins spend a larger fraction of their time idle in change jars, vending machine coin hoppers, &amp;c.).&nbsp; So figure 25 billion $1 coins if the paper $1 was no longer available.</p><p>&nbsp;</p><p>If the Mint was really planning on building up a stockpile of that size, they&#039;d be producing the coins much more quickly.&nbsp; With the circulating coin denominations having quite low production in 2009 and 2010 due to the weak economy, the Mint has plenty of surplus capacity; they could probably turn out a billion of each Presidential dollar without trouble.&nbsp; But in fact they seem to be producing the smallest mintages they can get away with under the law....&nbsp; So no, it doesn&#039;t look like anyone&#039;s planning to discontinue the $1 bill any time soon.[/QUOTE]</p><p><br /></p>

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