The USA is considering printing dollar coins instead of paper money. What do you

Welcome to Mylot Hunter24, may you have lots of fun here. Yes, I think the added weight to the pocket and small inconviences are far outweighed by saving billions. Even if they just do it for a few years. We are so in debt and this is a savings that does not hurt poor people or the elderly, seems like all the other savings do. Thanks and take care.

I strongly agree with you! It does seem like our country's financial saving plans, that are used to help a group of people, usually end up making things worse for others outside of that group!

I don't know why anyone has a lot of ones. Other than rummage sales and farmers' markets why would a person have a lot of ones? If you give a clerk a $20 and buy a one dollar object, you're getting back 19 if it's not taxable which is a ten, a five, and 4 ones, if it was taxable, then only 3 ones and change. At any rate, it means a lot to me, becaue if they're telling us the truth, they only have to print 1/3 of the number of coins as they do paper (see explanations above) to start with and will alledgedly save us billions. So billions of dollars saved without taking that money away from the poor, elderly, disabled, or road construction or raising taxes. Everything else they do hurts people.

Good luck on your English. I got brain locked on some college courses too and didn't want to do anything else related to it. Ok, what about the 2nd paragraph where it is supposed to save millions without hurting the poor, elderly, disabled, etc?

Sorry, not millions, but save billions of dollars!

The point is, we have rejected them in every case. If they do away with dollar bills that would just give me even more motivation to be as cashless as possible. Dollar coins are not necessary and we (as a society) don't want them. It would just be another useless thing forced on the market... like the Chevy Volt.

It is pathetic how many Americans embrace government force. Simply pathetic.

It's not the mint, it's supposed to be the two houses of congress. The dollar coin failed in the past because we had the paper dollar to fall back on, also because they made it too much like the quarter. After a year or two, it won't be there to fall back on. Supposedly it would save billions because we have to constantly print dollars, they only have an average life of 4 months. Coins last for years. Billions in savings instead of cutting from the elderly, poor, and disabled or raising more taxes or letting roads go in disrepair. It's a way to cut billions without hurting anyone or anything.

LOL I was just saying it hypothetically. Like you said the only time I have a whole bunch of ones in my wallet are when I am going to the flea market or yard sales or something. It does make sense with all those points you brought up as to why it would be better to use coins instead of dollars. I always thought that dollar bills lasted for years thats crazy they last so little. Coins last pretty much for eternity so that might just be the smartest thing for them to do is make $1 coins instead of bills.

Actually, a certain percentage of dollar bills do last for years. If you take the dollar bills out of your pocket, you will see all different years there. But they print like they're gone every 4 months. I gave a roll of Sacaguias (spelling?) in a windmill tower bank to a couple on their anniversary. That roll had to go in my car glovebox because it did weigh a ton! So I do see your point, too. They really have to make them different enough so people don't spend them like quarters. I had 2 dollars in coins and 3 in quarters and I came home one day and had spend one of my dollars as quarters, ticked me off royally!

You have a VERY GODD POINT. They need to go back to the old coin dollar sizes. These new ones are too close to the size of a quarter, it is easy to mistatke them for quarters and spend them as such and even the cashier may not notice. Now for why we should do it. Dollars last about 4 months. That's it. Coins last for years and years. We could mint 1/3 of the coins in a year to equal what we keep in circulation for dollars. We could mint even less in the coming years because the money is in circulation. Yes, they are a pain, BUT they are saying it would save us billions. Billions without hurting anybody. Right now, the other suggestions hurt the poor, elderly, and disabled. Or they will start putting up detour signs instead of rebuilding bridges or leaving pot holes or increase taxes on gas and other things even more. Imagine, a way to save billions, still have dollars in circulation and the more people who are like you the more the dollars will be spent and increase our purchases. It's a way to save billions without hurting anyone or anything. I don't know why you would have $30 in ones in your pocketbook unless you're going to a rummage sale or a farmers' market. Our banks give us 20s, 10s, etc. whatever we ask for. Unless you're like my kid brother with a 60 IQ who can't figure or understand ones, fives, tens and has to operate in ones.

For where's george, I'm up to 11 states and a few countries. I think it's interesting that I live on the Canadian border and got Mexico, Puerto Rico, and American Virgin Islands, but still no Canada. Yet Canadians come down here all the time. They must just not bring George back. What did you have 5 years ago when you left? I'm trying for all 50 states and to learn about countries I don't know much about and maybe some I've never even heard of. Hopefully, they have some dollar coin printing equipment that would be easily converted, according to previous discussions here (4 and 5 years ago), a George Washington Dollar coin came out. My husband doesn't want it. But if all you have are dollar coins because the majority of the paper dollar bills are gone in 4 months, then you have no choice. Also, supposedly, once they're printed each year, it will save billions over printing dollars.

I had 7 bills in Wheres George and when I just checked there had been no hits. I don't think people understand what to do when they get a Wheres George bill.

Oh they won't take them, but if they don't print any, most will be gone in 4 months because they follow the life of paper dollars electronically and that is the average life expectancy. So if they did make coins for two or three years, dollar bills would be mostly no more. Sure the occasional one would pop up, but stuck in somebody's desk drawer that they forgot about or a winter coat they hated and are about to donate after years of not wearing it, etc. Alledgedly, if they only print some coins versus continuous printing of ones, it will save us billions. I agree, they're going to have to find a cheap metal to do that with. While I love the God Dollar coins, the price of gold is worth more than the coin. Surprised people aren't melting them all down. If it wasn't illegal, many people would (some people probably still are). Phil just throws his in a coin jar and that works for me. Sounds like even throwing them on the truck floor worked for you. School lunches cost a lot here these days. Over $3.00 which isn't much, but multiply that by the 4 children that most people have around here and then mult that by the number of days of the week and then figure for a month, it's a fortune!

I thought it would probably be alot cheaper. And lunches weren't that expensive back then but enough. Luckily I just had guardianship of one.

When paper is no more, the dollar coins can go where the paper ones go. Until then, the quarter drawer could be divided or they could be put underneath. Some machines do take dollar coins. Vending machine companies can probably adjust, I know our recycling bottle machines didn't take water bottles, but they do now. I quit buying soda in machines since they went over a dollar up here unless it's an emergency and half the time they're out or get stuck so I have no sympathy for them. We have lottery vending machines and it's illegal to do lottery if under age 18, but with a vending machine, they can do it. The fun machines at the Mall all take Sacaquias (spelling?) so they'll be safe. Bill changing machines are a rip off, they didn't last long here. We elect them, but not their entourage. If they did their own jobs instead of hiring more and more people each year, other than a secretary and a page, what do they need a ton of people working for them and charging the American people for? Many don't even show up to work. Can you keep your job if you don't show up for work? I can't. Supposedly, the coins would save the government billions because they replace dollar bills to the tune of every 4 months. Supposedly dollar bills only last on average four months. Coins last longer than some civilizations that make them. So you don't have to make as many or very often. If the article is correct, then with the billions we save, it would be billions taken out of the budget without cutting more to the elderly, poor, or disabled who are already getting hit hard. I don't think rich people should get a tax break unless they can prove they make jobs in America and not sent them overseas. If they sent our jobs overseas, then they need to help pay unemployment instead of shifting it to all of the middle and lower classes, actually I'd say they should pay it all, but every time we don't buy American, we help other countries employ people and not our neighbors.

See 13 above, they have experience with in a country with no more dollar paper. You could ask those questions of that person.

We haven't gone past $30 in the coin jar before I've needed to roll them and bring them in since this "Great Recession." It used to be more fun, we'd wait until we really needed them and that might be months and months and it would be all different amounts, but with the price of gas and bills going up, we're in our coin jar about once a month. If 5 of those coins were dollars, we'd be up to $35.00. I see from previous dollar conversations here (years ago), a lot of people are against it. Dollar coins being heavy, but with new processes and lighter materials, plus most people carry $20s. That's what banks mostly issue. Of course if you bought a dollar item and the cashier gave you all ones, it would be heavy, but most would only give you 4 corns. If dollar bills only last 4 months and we have to constantly print them, but coins last for years and we could print way fewer, then maybe it would save us the billions they clain. Thanks and take care.

I'm all for it, too, as long as they make the dollars different enough from the quarters. It is supposed to save billions, if that is correct, then I'm all for it.

After a year, there wouldn't be very many paper dollars left and it's a change that doesn't hurt the poor or the elderly. Most of the other changes hurt them, so I'm for it. Thanks and take care.

It's not hard to leave the snow and ice, for the warm sunshine of South Texas. We enjoy swimming in the pool, bike riding, and just walking around the Park most every day all winter. Canada had very few problems in switching from paper to coin in 2005, as many vending machines were already set up for Quarters. Canada will soon be switching from Paper to Plastic Bills. This new money will wear much better than paper, and also be harder to counterfeit.

Plastic bills, that's really wild.

Yes, many coins last longer than the civilizations that make them. Peavy, #14 below you has some questions about when paper goes to coin. Maybe you could answer those qusstions for her. Canada to Texas, that must be quite the switch.

Thanks for the compliment. If our article is correct, it would save billions of dollars. That would be a way to save billions without taking away from poor, elderly, disabled, etc. Without adding to taxes or letting our roads, highways, and bridge go to hang, etc. So if our government has estimated correctly that we don't have to print coins all the time like we do paper, then it's great. But you know our government and their ability to estimate. My husband is worried that they'll do it for all money. Canada has a one and a two dollar coin. Yes, it is more of a problem for men than women. I like your knowledge of history for purposes.

purses, not purposes

Yes, I read the rest of the posts (I usually do), & you're right, it would be a sane & harmless way to cut back some of the debt. Just as householders do when times are tight, we should look for all ways to cut corners, shaving off what we can -- without hurting ourselves! Boy DO I ever know how our government "estimates!" You should probably take any/all of their estimates & at least triple them to come closer to what a thing will really cost! Whew! Your husband has good reason to be nervous; our government has a history of overdoing an idea, running it into the ground. I sort of hope they keep it to dollar coins, myself. Too many coins would quickly get out of hand, I imagine. But whatever happens, there's precious little we can do about it, so we may as well bend over & learn to like it! Maggiepie "Human wandering through the zoo, what do your cousins think of you?" ~ Don Marquis, humorist & poet (1878-1937)

The dollar coin would be more important, true. The 5 paper, 10 paper, and 20 paper dollars would be pretty important. I think I know what you mean, though. Thanks and take care.

like not lie

I agree, they need to make them bigger than a quarter, esp. for blind people. I've spent a dollar coin for a quarter and not gotten any change back. And I can see. Once you have more than 4 coins, they can be changed for a 5. Actually, there are $2 bills out there if it really bothers you. You only have to carry one coin and a couple of 2s.

The thing is, the article went on to say that it would save billions because you don't have to mint as many coins as you have to print dollars. I agree with the people here that they need to do something to make them less like quarters because it's easy to spend them like quarters and loose $ that way. Put the coins in a jar when you get home or buy the old time purse my Mom bought me. It had a slot for each coin and you put them in slots, the slotted change purses were really, really cool. Saving billions without taking away from the poor, elderly, or disabled, without having to table road construction or put up detour signs instead of not replacing a bridge seems like a plan to me.

Maybe you would have $400 in dumped change and you would be very, very happy. It's not only saving paper and trees, it is that you don't have to mint coins as often as paper because coins have outlasted civilizations that have printed them. So they project that it would save billions without having to take away from the poor, elderly, disabled, road construction, bridge repair or raise taxes. The complaint that I agree with is that they need to make them different enough that we don't spend them like quarters. I've done that before and the cashier never gave me change for a dollar. So I'd probably have to start dumping quarters and dollars in order to cash them in appropriately. But saving money-wise, for our country, it makes sense.

Why? According to the article, it would save billions of dollars to make coins instead of paper dollars.Paper dollars survive an average of 4 months, but coins last for years so you can make fewer of them.

They studied it and supposedly it would save billions of dollars. Since our country needs to cut trillions in debt, it would help without cutting money to the poor, elderly, disabled, or stopping road repairs or increasing taxes. You would only have to carry 4 dollar coins at a time, the rest would be $5 paper, $10 paper, etc. There are other advantages and disadvantages that I've discussed with previous responders. Most people already do debit cars, I'm one of the few who thinks it's terrible to charge someone to take money out for groceries and other necessities. I do think our country would like to get rid of money altogether. Online marketing is really, really high here and increasing all the time anyway.

It would hopeuflly help to keep from cutting things we need. Yes, coins are heavy, but most people don't have to carry more than 4 at a time. There are 5s, 10s, adn 20s for larger amounts. Thanks and take care.