Americans are too slow to permanently convert the dollar bill into a dollar coin?
It’s been years and taken multiple attempts to abandon the dollar bill and circulate the dollar coin. The silver dollar, Susan B. Anthony and the Sacajawea all failed to replace the George Washington bill. There should be a coin that is totally different than other cent coins and should be heavier to show value. They should make the coins to collect them, they should be made to spend.
The dollar coins at a similar value exists in many developed countries. They have coins including the Canadian Loonie and Toonie, the British pound and 2 pounds, the Australian Dollar and 2 Dollars, the Japanese 100 yen the 50 New Taiwan , and the 1 and 2 Euro coins.
The coins last much longer and saves a lot of money circulating and replacing than the dollar bill. They are easier to use in vending machines. The dollar bills are barely crispy and the machines always spit it out or maybe cause malfunction.
Yes, I agree. I have received some dollar coins recently and find them to be much more useful and easy to use. We also have 50 cent pieces that are almost completely out of circulation. Sometimes it seems the coin collectors are more in control of our money then the government.