The difference is they've offered both for decades and no one wants coins. So, while it's quite possible to get people to switch by discontinuing the dollar coin, people aren't likely to voluntarily switch.
Americans fascinated by ...
- Thread starter Gil T.Azell
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By the way, if we did replace the dollar with a coin, I don't think Sacagawea would cut it anymore. However, it occurs to me that Teddy Roosevelt isn't on anything. That would make for a badass dollar.
He's going to be on the current presidential series dollar coins coming up in 2013, but since the run features every (dead) president, it's not very exclusive. I agree, he would be a good choice for something more special.
http://en.wikipedia.org/wiki/Presidential_$1_Coin_Act_of_2005
Yeah, I meant as a permanent coin, not the Presidential series.
However, when we get to Roosevelt, if his coin actually makes it into circulation (as opposed to merely minted), I might keep it as a souvenir.
However, when we get to Roosevelt, if his coin actually makes it into circulation (as opposed to merely minted), I might keep it as a souvenir.
25 $1 bills is a lot less annoying than 25 $1 coins.
My son and I recently opened up the money box that we put our coins into whenever we have them. We usually cash the tins in june and December but we opened this one early because my son is going to move to Brisbane. The tin had $752 dollars in it, of which about $600 was in either $1 or $2 coins.We managed to carry to the bank on the bus. That was heavy, a pocket full of change isn't.
Yeah? I cash in my jar of coins every once in a while, too. That doesn't make carrying coins in my pocket any less annoying.
Honestly, if we ever removed the $1 bill and replaced it exclusively with a coin, I would just stop carrying anything smaller than a $5 bill.
As an American, I'm fascinated at being told that I'm fascinated by something I've never heard of before, and now that I've heard of it, couldn't care less about it. 
25 $1 bills is a lot less annoying than 25 $1 coins.
But who ever carries around that many $1 bills\coins? Personally, I never have more than three or four loonies in my wallet at a time.
Can't you change ypur coins for notes at your workplace?
Sure, but it doesn't always work out. Or it builds up over a few shifts. Hell, when I waited tables, I had to make sure I had lots of singles on me so that I could properly make change. It would be a huge pain if I suddenly started having to carry around a bunch of $1 coins as well.
My whole point is that I don't use coins. Ever. If we suddenly started using $1 coins, they would just pile up in a jar somewhere so I wouldn't have to carry them around. I don't use quarters or dimes or nickels either. I'd be happy to eliminate coins altogether.
My whole point is that I don't use coins. Ever. If we suddenly started using $1 coins, they would just pile up in a jar somewhere so I wouldn't have to carry them around. I don't use quarters or dimes or nickels either. I'd be happy to eliminate coins altogether.
25 $1 bills is a lot less annoying than 25 $1 coins.
Wouldn't a $20 and a $5 be even easier than 25 x $1?
Though I suspect that is one of the arguments used in countries that abolished their one dollar/pound etc.. note.
might be a moot point within a 15-20 years as cash slowly heads towards oblivion.
Well, of course, but I don't always have control over the denominations of money in my wallet. I could start the day with a $100 bill in my pocket, and depending on what I do that day and the change I receive from my spending, I could end up with a bunch of $1 bills. I'm just saying that, given the option of bills or coins, I would much rather deal with bills.
In Australia most vending machines and parking meters take coins, in fact many machines only take coins. People also use coins catching buses (unless they are using a prepaid card). I also use coins for small purchases such as buying a newspaper. At the end of the day I usually have less than $5 in coins.
Well, I don't use vending machines or parking meters, and I don't ride the bus or buy newspapers. I literally never have occasion to use coins. They just get in my way. I'd be surprised if American vending machines and parking meters would even accept a dollar coin. They probably wouldn't even recognize what it was.
I usually have large bills for planned expenses and a bunch of ones and fives for minor incidental things that I happen to see along the way.
Yep. Same for Canada. In fact, I don't remember the last time I saw a vending machine that took bills. And I also use them often enough that I'm not carrying too many.
