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Also, any argument that would be made against the dollar coin - they weigh too much, they accumulate, etc. - could also be made against quarters, and nobody would ever even think of replacing quarters with a quarter dollar bill.
emphasis added
I may be wrong, but I think this is missing the main point. Canadians (for a long time)
already had the
quarters. The idea here was that since dollar coins were replacing bills, it would cause additional (too much) weight since they already had quarters etc.
And, obviously, the issue does not readily correct itself as the Toonie broadcast was made
almost 1 decade after the Loonies were in circulation. The Canadians, and news broadcasting system, obviously still had an issue with it. I am not sure how much clearer it can be. These are real issues that have had to be dealt with by a real country that already went through through the switch. These broadcasts show exactly what they think/experience even 9 years later.
Now if quarters had always been bills and the only pocket change had been penny, nickel, and dime, the weight issue very well may have come up with making quarter coins. Maybe this was what you were referring to?
The fact of the matter is that the weight issue is not just hype as witnessed by this documentation. If the coins will be forced upon us in the US, we will experience the same thing the Canadians did/do. Too many coins, too much pocket weight, and devaluation (even moreso - as seen in your point!).
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My main argument (aside from the cost/durability factor, and the public health factor) is that a dollar is just too small a quantity to justify having a bill, and that it's a value more associated with things that you purchase with coins -
There are most certainly places where the dollar is already devalued. This is one of the issues the people on the Canadian broadcasts have with Loonies. Since the coins buy nothing, they accumulate. Larger denominations are, logically, spent and you (are stuck with) smaller denominations (Loonies) in your pocket. This is the weight issue all over again.
Aside from the health issue (which has been with us as for as long as dollar bills have been printed), this is why I wonder if polymer notes might be the answer to the saving money aspect of the problem? I do not know how much money it might save (have to look to other countries using them I guess).
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The Susan B. Anthony "Agony" dollar was rejected because it looked and felt exactly like a quarter and was only slightly larger.
Boy do I ever remember vending machine people hating these things! My dad worked at Pepsi. The store owners etc. who bought from Pepsi to restock their machines were always so angry b/c their sales were down b/c the Suzy's would jam their machines so often.
We will never know for sure, but I think had the Susan B been logically designed, it still would have been rejected - again, for the testified/eye-witness weight issue etc. reasons again. Just going by a scenario where it already happened and also thinking of how the US people never wanted their own $2.00 notes either. For some reason the set system we have is one that the majority (right or wrong) wants. Canada was always receptive to $2.00 bills. And yet, even being more receptive, they were the ones with issues on the Loonie and Toonie.
Its obvious why the Ikes never made it. Same issues on a worse scale.
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Even today, if I happen to have some on me and I give them to a teenager working a cash register, it's a 50/50 chance they'll count them out and respond that I gave them 1/4 of what I should have. From there I have to politely say, "Take a closer look at them. That's not George Washington..."
I was told that the Baltimore subway system now uses Suzy's as their tokens. I do not know if this is fact, but at least, if true, they are not just heaped in a storage facility somewhere.
Like everything else in life, I think this coin issue is a problem for which no good answer
will be brought about. I think an answer could be found, but the problem is that politics will get (is getting) in the way but those who make such decisions.
I personally think the solution would just be to lower the "looks" of prices by giving more value to our money. Use new items of currency/change where a "new" is "worth" so many of the old. Let the old run out by use and the new, by default, takes over. Viola!
... but there would still be complaints!