The underwater economics of minting pennies is well-known: It costs about two and a half cents to mint a cent, primarily due to the cost of the copper and zinc that go into each coin. But dollar coins don’t cost more to produce than they’re worth, and they last about 30 years, versus less than five years for a dollar bill. - Business on NBCNews.com
Decline of the dollar
The Fall of the Dollar
We have deceived for this. We have tricked for this. We have lied for this. We have killed for this. At the death of our loved ones, we have fought over this and what this could buy of material things. I want to talk about the dollar, but I want to start with something that the Honorable Elijah Muhammad said since he’s my teacher, and the base of what I’m going to say is in his book, “The Fall of America.”
On page 87, he talks about the “Decline of the dollar”. If it is the Will of Allah (God), I hope to be able to show you why we can no longer trust in this (dollar) as the God we trust.
Would a one-dollar coin save Americans money? - CSMonitor.com
Here is an article noting that the U.S. Treasury would save $147 million by switching its $1 note with a $1 coin, but that proposal faces opposition not only from the supplier of paper, but also from a majority of Americans.Congress looks at replacing dollar bills with coins -- saving billions - San Jose Mercury News