Five Reasons to Support the Dollar Coin
1. Taxpayer Savings
Congress should listen to the GAO, who has stated eight times over the past 22 years that the $1 bill is costing American taxpayers billions.
2. Other Countries’ Successes
The U.S. has one of the smallest denominations of paper currency among the major economies of the world. Many other industrialized nations have modernized their low-denomination currency and realized significant cost savings.
New York Times, Boston Globe, The Washington Post, Chicago Tribune, Los Angeles Times and USA Today editorial boards all agree that we need to eliminate the $1 bill in favor of the $1 coin.
4. Public Support
When informed of the significant cost savings, Americans support the $1 coin 2-to-1.
5. 100% Recyclable
Unlike the wasteful $1 bill, which must be shredded and sent to the landfill every 22 months, the $1 coin lasts for 30 years and is 100% recyclable.