07-22-2010, 01:29 PM
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Dazed and Confused
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Join Date: Mar 2005
Location: TN
Posts: 11,624
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Quote:
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Originally Posted by ghrocketman
The only time I have gotten the $1 dollar coins as change is from vending and postal stamp machines that will take $5 and $10 bills. Any change over $1 is given in the $1 coins. Much easier for a vending machine to dispense coins than bills. I think the $1 coins are kinda neat, but am indifferent as to whether or not we have a real need for them. They MUST be more costly to produce than paper $1 bills.
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I have on idea on cost of production.
I see only one distinct advantage to a dollar coin, that they would be harder to counterfeit. Edit: Make that two...I forgot about durability until I saw the above post.
The problem is that those advantages aren't issues for the average Joe on the street who has to tote them around in his pocket.
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