Losing the $1 bill would save money

[DS]

Americans are fighting the death of the dollar bill like it's really important.
Trust me it's not.We have $1 and $2 coins that saves the government millions of dollars.
Congress may replace $1 bill - trivalleycentral.com: National News

 

[tourists24]

Americans are fighting the death of the dollar bill like it's really important.
Trust me it's not.We have $1 and $2 coins that saves the government millions of dollars.
Congress may replace $1 bill - trivalleycentral.com: National News

I was unaware that all us Americans were fighting this....

 

[Harry Manback]

You're a foreigner, you'll never understand what George means to "us". Smart counts for when pride is involved. On a serious note, who the hell carries hard cash these days?

 

[DS]

I was unaware that all us Americans were fighting this....

The $1 coin has been available awhile now,most Americans are not using them.

 

[DS]

You're a foreigner, you'll never understand what George means to "us". Smart counts for when pride is involved. On a serious note, who the hell carries hard cash these days?

I don't consider myself a foreigner.Who cares about pride or George for that matter.
I still use cash a lot on a serious note.

 

[tourists24]

The $1 coin has been available awhile now,most Americans are not using them.

Only because the darn things are so similar to the quarter.... I tend to agree with manback too.... Not nearly as many people carry cash anyway compared to the past...lol

 

[bluehdmc]

The $1 coin has been available awhile now,most Americans are not using them.

I think one of the reasons dollar coins aren't used is because bills are still available. Since a dollar buys less than a quarter did when I was a kid, (I remember a soda in a machine was $.25), it doesn't really make sense to print bills. I read an article about this a coin last approx 30 years, a bill maybe 7. The country could save something like $4billion not printing dollar bills. Unfortunately George wouldn't be honored.

 

[klein]

Those US$1 coins get actually mixed up in the loonie till compartment. They really are simular. We just past them on as your other regular coins we have in circulation here. Everything from Lincon pennies to now the US $1 coin.

 

[scratch]

The vending machines here don't take the dollar coins. Most people use debit cards to pay for things nowadays.

 

[rod]

The banks here where I live won't accept any Canadian coins other than a penny. Every year I take 4 or 5 hundred dollars worth of change in for my racing vacation and every year they hand me back 2 or 3 bucks worth of Canadian nickles, dimes and quarters. They are good for tips if you get bad service. Pay back are hell.

 

[Just_another_day_at_work]

Not gonna happen, too much ancient mystery stuffed in that one bill, you can't put all that on a coin. But who knows maybe the FED can surprise us all...

 

[UpstateNYUPSer(Ret)]

I'm confused---I thought we were still thinking about eliminating the penny. When did the $1 debate start?

 

[tourists24]

I'm confused---I thought we were still thinking about eliminating the penny. When did the $1 debate start?

lol.... that was my original response....

 

[trplnkl]

Dave it started with this thread.
I was working in the vending business when the Susan B dollar coin was introduced, what a pain in my butt they were. Within a week service calls for jammed coin changers tripled because people couldn't tell the difference at a glance (they were slightly larger than a quarter). We even placed signs on every machine stating they wouldn't accept the dollar coins.

The reason Canadian coins jam up the vending machines is the Canadian coins are made from steel, the machine's anti-slug magnets wouldn't let them go through and the eject mechanism wouldn't clear them out, at one time I had quite a collect of Canadian coins.

 

[bluehdmc]

I'm confused---I thought we were still thinking about eliminating the penny. When did the $1 debate start?

I just recently read an article about the $1 bill, haven't really heard about the penny. I did hear they wanted to change the metal content in a coins.

 

[moreluck]

Congress considers getting rid of dollar bills for $1 coins to save money - NY Daily News

 

[Babagounj]

[FONT=Verdana, Arial, Helvetica, sans-serif]George Says We Have[/FONT]​

Bills	216,352,992
Totaling	$1,163,643,388
Entered Today	13,356
System Status
Where's George? 2.4 -- Track Your Dollar Bills #1 Why does this site exist? For fun and because it had not been done yet. #2 When did this site get started? The site officially went 'live' on December 23, 1998. #3 I got this bill with Where's George? on it, What do I do? Please go to the Where's George? Home Page and enter the denomination, series (year), and serial number as well as your current Zip Code and then hit the 'SUBMIT' button. Remember that you need to register before entering any bills in order to put them on your account so you can come back and track where they go next! ​