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Re:Swapping US $1 bills to coins would save 5.5b over 30yrs by melling on Friday March 04, 2011 @10:53PM (#2290773)
We already have $1 coins. There was a recent push to get people to accept them. Didn't seem to work.

At this point, we should move to contactless cash cards that can be used like some credit cards but without transaction fees. Reducing the need to carry cash will also save money, and time. Wait, I've got a penny here somewhere.

Re:Swapping US $1 bills to coins would save 5.5b over 30yrs by thought_alarm on Friday March 04, 2011 @11:22PM (#2290808)
Get rid of the dollar bill and those coins will take off real quick. After 18 months no one would miss having to jam a few dollar bills into a machine to buy a Coke.
Re:Swapping US $1 bills to coins would save 5.5b over 30yrs by anonymoushn on Friday March 04, 2011 @11:28PM (#2290818)
Absolutely. Additionally, wider use of large coins would enable vending machines to sell more goods without accepting bills. We could do without the $2 and $5 if we really wanted.
Re:Swapping US $1 bills to coins would save 5.5b over 30yrs by iujyhfgtrtgyhju on Saturday March 05, 2011 @12:30AM (#2290901)
You aren't thinking 'washington'

- it's undignified to slip coins into a striper's panties

Re:Swapping US $1 bills to coins would save 5.5b over 30yrs by anonymoushn on Saturday March 05, 2011 @01:02AM (#2290928)
As Marie Antoinette almost certainly didn't say, let them use tens.
Re:Swapping US $1 bills to coins would save 5.5b over 30yrs by dasil003 on Friday March 04, 2011 @11:23PM (#2290809)
I'm not sure what's stupider, people's attachment to one dollar bills or the idea that we need to get them to accept coins before pulling the paper ones.

I've been spending a lot of time in London recently, and it's shocking how much better things work with coins up to £2 and paper only for £5 and above. First of all, change suddenly is useful again, second of all, if you have paper money it's actually worth something. It used to be this way in the US too, I mean you actually used to buy things with a nickel or dime. Doing away with paper ones should not be such a big deal, it should be thought of as maintaining the status quo in light of inflation, but I guess it's a boiling frog situation.

Re:Swapping US $1 bills to coins would save 5.5b over 30yrs by astrodust on Saturday March 05, 2011 @03:27AM (#2291087)
It's a real nuisance to have US currency where there's stacks of identical looking bills that have wildly varying amounts, though usually after shopping they end up being heaps of $1 bills. You look like a gangster, but you only have $30.

Coins might be heavier, but they fit in parking meters, vending machines, and so on. Ten dollars in change isn't a whole bucket any more.

Re:Swapping US $1 bills to coins would save 5.5b over 30yrs by rimantas on Saturday March 05, 2011 @12:23AM (#2290889)
We got rid of anything paper below 10. So now 1, 2, 5 coins (and some for cents) and bills 10 and up. We used to have paper bills for 1, 2 and 5 before, nobody misses them.
Re:Swapping US $1 bills to coins would save 5.5b over 30yrs by dasil003 on Saturday March 05, 2011 @01:49AM (#2290988)
Is that Euro?
Re:Swapping US $1 bills to coins would save 5.5b over 30yrs by rimantas on Saturday March 05, 2011 @05:56AM (#2291283)
Sadly, not yet. It's Litas. Only one of the three "Baltic sisters" (Estonia, Latvia, Lithuania) has joined Euro zone yet: Estonia.
Re:Swapping US $1 bills to coins would save 5.5b over 30yrs by georgieporgie on Saturday March 05, 2011 @12:18AM (#2290880)
I would love to know who had the brilliant idea of making the $1 coin so very similar to the quarter.
Re:Swapping US $1 bills to coins would save 5.5b over 30yrs by jonknee on Saturday March 05, 2011 @12:46AM (#2290917)
It's not that similar. There are no ridges, I've never had a hard time telling them apart. The Susan B Anthony coin was pretty badly designed, with both ridges and silver color.
Re:Swapping US $1 bills to coins would save 5.5b over 30yrs by georgieporgie on Saturday March 05, 2011 @03:38AM (#2291102)
A $1 coin should be more along the lines of the British Pound. It needs a nice, reassuring heft that tells you, "yes, guy who won't adopt metric, this really is a dollar."
Re:Swapping US $1 bills to coins would save 5.5b over 30yrs by stretchwithme on Saturday March 05, 2011 @12:38AM (#2290912)
Agreed. They should square, triangular or spherical so there is no confusion. :-)
Re:Swapping US $1 bills to coins would save 5.5b over 30yrs by astrodust on Saturday March 05, 2011 @03:28AM (#2291090)
Spherical coins would be interesting.