I've honestly never understood why this is a valid reason to object to the coin. Coins aren't used only once, so that they cost most to make than their face value doesn't seem very important, unless the differential is much, much larger than it actually is.
I never understood the objections to the $1 coin, especially after the redesign to make it more distinct from a quarter. $1 coins are great for buying stuff out of vending machines since you don't have to fight with a dodgy bill acceptor or a mangled bill.
Further, since I don't have enough pockets to have a dedicated change pocket, it's always getting caught up in my keys and/or pocket knife.
Nobody really gave us training on this stuff, do other countries use a coin purse or some such?
Lastly, they're just comparatively heavy.
I just carry cash around in either a clip or a "front pocket wallet" I think they're called, and it seems more convenient all around.
Americans also use coin purses or rubber coin pouches, but I mostly only see older generations using them.
1) Bring back the $2 bill (it had not been printed for a decade+)
2) Redesign the $1 coin (Eisenhowers being too big and heavy)
3) Stop printing $1 bills
Unfortunately they never got to step 3, which made 1 and 2 pointless, and here we are.
It’s because retailers wont accept them - they think they’re counterfeit because no one uses them. A catch-22 situation, really.
But I've never found a retailer willing to give a $2 bill as change.
The resistance to the $2 bill is a very weird cultural thing.
Gotta do something to make the $2 bill popular though, no idea how.
> (we have a $1 coin but nobody uses it)
Because they keep designing it in the stupidest way, making it easy to confuse with a quarter. I don't know why they do that.
That said, I do prefer paper $1 bills over coins. Paper is lighter and easier to carry. But I'd only slightly grumble if we replaced it with a reasonable coin.
Sure, but how many $1 bills do you typically carry around? If it's more than four, then you can trade them in for a $5 bill just about anywhere.