This bill represents the culmination of 40 years of underhand obstruction by the Federal Reserve, to the $1 coin. See “How The One Dollar Coin Can Cure The Economy” at http://www.opednews.com/articles/How-The-One-Dollar-Coin-Ca-by-Clifford-Johnson-130515-443.html.

If you agree with them sign my petition and share it
https://www.change.org/p/kill-the-us-1-dollar-bill-with-us-1-dollar-coin

Last month I visited a local Bank of America branch, and asked a teller if I could please exchange a $20 bill for 20 $1 coins. “No, I don’t think we have them” said the teller. I asked her to check with her manager, and the response was yes, but could I make it $25 since they only had them in unopened rolls of 25 coins? I obtained a freshly minted roll of Presidential coins.
I sought the same exchange in a local Wells Fargo bank. The teller did not seem to understand me, and began counting out quarters. However, I saw that she did have a partial column of dollar coins, stacked incongruously atop a half column of quarters, to which I pointed. She expressed incredulity that I wanted “them?” I obtained a mix of used Sacagawea and Susan B.s, with just a couple of Presidential coins.
I have since been giving house guests new Presidential coins. Well over half do not recognize them, and ask whether they are real money. A few complain of the weight (as do I), but all are pleased with their presidential surprise. On the other hand, those who attempt to use $1 coins in daily transactions are often frustrated not only in person-to-person dealings but because the continuing rarity of circulating $1 coins has failed to induce basic vending machine manufacturers, e.g. of pay phones, to accept them. See, e.g., Dollar Coins: Pathway to Patriotism or Branding Tool? at http://www.expressnews.com/business/business_columnists/michael_taylor/article/Dollar-coins-Pathway-to-patriotism-or-branding-6108013.php and Susan B. Anthony, green M&Ms no laughing matter at http://www.saratogian.com/lifestyle/20150102/susan-b-anthony-green-mms-no-laughing-matter.
All things considered, the public has not a real opportunity, let alone a fair chance, to prefer the dollar coin.

Paper dollar advocates would have it that we, as a people, rejected the dollar coin en masse, but it simply isn’t true. The vast majority of us didn’t get to choose.

Apparently you haven’t heard. The Federal Reserve banks have been doing their best to give the coins to the public, for years and years. We are refusing them, instead insisting on dollar bills.

That’s the official story–although, according to ex-Mint Director Philip Dielh (and myself) the Fed banks have long engaged in underhand practices to frustrate their distribution. See his December 20, 2012 testimony at http://financialservices.house.gov/uploadedfiles/hhrg-112-ba19-wstate-pdiehl-20121129.pdf, beginning: “For many years, the dollar coin has faced another significant obstacle: the FRB’s [Federal Reserve Board’s] preference for the dollar note.”

Jim, I gotta say that I really do like your idea! Of cuorse those dealers that are trying to sell them at a premium might not like the public buying them at face value. Still I say Go for it!