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<p>[QUOTE=&quot;Dr Kegg, post: 1288001, member: 23476&quot;]Personally, I enjoy the $1 paper bill and don&#039;t want to see it to go away. That&#039;s just nostalgia for me as a paper money enthusiast. As for whether the American public would want to see it go away, I can only paraphrase articles that I have read in the past (sorry, don&#039;t have them with me for definitive references for my argument) that state no, the American public on a large scale do not want to see the dollar bill replaced with the dollar coin. Here are my reasons behind the argument:</p><p><br /></p><p>1) The paper dollars are easier to use in most transactions and are easily transported in a money clip or wallet instead of clanging around in one&#039;s pocket as change. Most people do not like to have change as it is, so a dollar coin to add to the pennies, nickels, dimes and quarters.</p><p>2) To reemphasize the distaste the dollar coin puts in the American public&#039;s mouth, Congress has started the debate on repealing the Presidential Dollar coinage Act or Senate Bill 1047 from 2005. This is primarily due to the massive amount of unused dollar coins sitting in bank vaults and other areas. No one is looking for them.</p><p>3) The only people who used dollar coins on a large scale since 2005 were those who purchased them from the Mint in order to receive perks on their credit cards. Basically they would purchase them from the Mint for face value and then reap any benefits they received. Other than these transactions, the Mint saw little fanfare after the first year of production.</p><p>4) The reason so many Ike dollars and Susan B. Anthony dollars are around are because they saw little use and were not used in everyday commerce like the paper $1 bill. They were considered ugly coins and did not serve a purpose. I only receive them from the USPS when I get change from buying stamps at a kiosk, or if I use the Subway in DC while on vacation. No one else gives the dollar coins (Ike, Susans, Pres.) as change.</p><p><br /></p><p>These are 4 valid points that I beleive reemphasize the connection Americans have to the dollar bill. While I beleive that the coins are cheaper to produce and last longer, I do not think that anyone in Congress would be crazy enough to see this current discussion into full fruition.[/QUOTE]</p><p><br /></p>

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