Coins are easier to count, especially in comparison to new bills.
Coins are easier for the blind to distinguish.
Coins work better in vending machines.
If the $2 bill were more widely used, we wouldn’t need to carry around so many ones. So part of the reason for the failure of the dollar coin is the failure of the $2 bill.
October 21st, 2008 at 3:28 pm
my bank doesn’t even have dollar coins. They looked puzzled when I asked to get some as change.
October 21st, 2008 at 4:51 pm
Coins are easier to count, especially in comparison to new bills.
Coins are easier for the blind to distinguish.
Coins work better in vending machines.
If the $2 bill were more widely used, we wouldn’t need to carry around so many ones. So part of the reason for the failure of the dollar coin is the failure of the $2 bill.
October 21st, 2008 at 10:42 pm
There are policy reasons that keep the dollar bill in circulation. To read my take about it, go to http://coinsblog.blogspot.com/2008/07/paper-v-coin-dollars.html