It's fine.
We have coins for .05, .1, .5, 1, 2,5 , 10 shekels and then paper notes for 20, 50, 100 and 200.
It's perfectly fine, look at the Japanese - they can carry coins too.
It's nothing serious, I don't get why people dislike it.
I get along with the dollar coin fine. Its biggest use for me is the parking machines near where I work. They don't take notes and require odd amounts (7.00, 10.50) that would make the lack of coins very hard to work around.
lol the US mint actually makes $1 coins? and just stores them. that is stupid. change the law and stop minting coins that have no value.
i think we all need to get rid of plactic, paper, linen, metal currency and just have cards like credit cards but with out the security of a credit card. so you put money on it and can use it like a credit card, but no signing things or entering pins. no need to cancel it if it gets lost cause it doesnt have access to your bank account.
so essentially its cash money in the form of one card that you charge up. abit off topic.
Change is unamerican. Any change someone tries to bring in, no matter how beneficial is socialist or communist or un christian.
That honestly looks like it came from a monopoly set.
I dont' like the dollar coins not because they aren't neat or anything but because $1 is what I usually tend to carry after awhile in abundance. I don't want to walk around with like 10 lbs of $1 coins in my pants when the dollar bill fits so nicely in my wallet.
because I would rather give the cashier ten dollars for my purchase of 9.97 than dig in my pocket for change and count it out. Plus the paper fits well in my wallet and the wallet in turn fits into my back right pocket, my phone fits well in my front right pocket, my keys in the left. Where would I put the change? The back left? Oh no never.
The one dollar coin, since I'm always in a hurry and a clutz, would be mistaken for a .25 then I would have more change in my pockets I don't need.
What I dont get is why american dollars are all so similar. Would it really hurt them to change the colour and size of each amount to make it easier for folks?
I don't see how that would make it any easier when virtually no one here seems to have a problem with the current bills. Attempting to fix what isn't broken generally creates more problems than it solves.
Here in canada $2 and down is coin and $5 and up is bill and I find it works just fine I rarely find im carrying all that much change not enough that I would ever consider it to be a burden personally I prefer coins they look nicer and there nice and small easy to handle I think penny's are pointless tho nobody wants you to use them and they are worth next to nothing prolly cost more to make than they are worth
One problem I see is American's think they have all these freedoms and if the gov'nent tried to do a switch to dollar coins instead of bills, everyone would throw a hissy-fit because they don't have the 'choice' anymore. I do see a big benefit though because dollar coins last so much longer than bills. I think the average life of a bill is what, 7 months? I'm finally glad to see places no longer accepting checks, but I think we won't be done with those completely for another 10/20 years until the oldest generation dies off. Personally I'd love to see a cashless society. I don't carry cash. There's no point in it. Debit all the way; same as cash. (BTW, I am an 'merican; St Louian to be exact).
I'd imagine currency switching gets exponentially more difficult by population. Sure, it's easy for New Zealand to switch currency, but when you have 300 million people, it's pretty tough. I couldn't imagine a place like China or India trying to switch its own currency.
And as has also been mentioned already, dollar coins are a tad on the heavy side compared to bills.
I do admit, though, dollar coins are perfect for transit expense.
Well thing of it is coin money is impractical. Its not out of fear of lack of usability. A perfect example in the US was the Sacajawea 1$ coins. In the early 2000s we saw vending machines set up to take them and they quickly fell out of use when, well we realized strippers had no where to put them (I kid I kid)
I think its more how a coin purse runs contrary to a wallet and with the way things like credit cards, receipts etc are paper/plastic & flat, they are more conducive to a billfold/wallet than a coin sack.
Perhaps we could have higher dollar amounts in coin format, like 50s or 100s, but having 1s as change is simply weighty and impractical.
Besides physical currency is sort of a dying form anyway in favor of credit/debit card transactions.
Agreed. The only reason I have a card is for a quick way to get it back from the bank. I rarely pay with card, I tend to get money out with it, and then pay with my money. But I don't ahve the issue with coins. In fact, I like our $1 and $2 coins.
I keep at least $5 in shrapnel (coins) and $10 in notes at a minimum in my wallet (trust me, all the pieces of paper and plastic (18 cards of varying material, thickness, size and use) I have to cram in there dwarf how much "extra" thickness coins add to a wallet) as I often deal with people and places WITHOUT a EFTPOS machine ~OR~ nearby ATM, which isn't surprising as there's only 2 flipping ATM's in the whole town (ANZ & Commonwealth Bank), and even when I'm in town I only deal with pulling out my credit card when I need to make payments of $50 or more, or when I'm pulling out money to supplement my dwindling on-hand cash (such as going to the cinema).
Downside of having coins for $1 & $2 dollar - they do add a bit of weight.
Upside of having those coins and their weight - I CAN NEVER FORGET WHICH FRIGGEN POCKET MY WALLET'S IN!
I love the one dollar coin. It is very important. Small purchases, not wanting to break a note, parking meters, loaning money to friends, vending machines,
Best money saving item invented. Throw all your coins into a jar. When you need money go to jar. By then you can have anywhere from 10 - 50 dollars.
I'm all for even keeping 5c coins. If they did away with them what if you filled your car up to say $30.05 hell if I'm going to pay $30.10.
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