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There have been dollar coins in America forever and still are. The general public refuses to use them, or just collects them and they never circulate.
by XalvinX 8y ago
There have been dollar coins in America forever and still are. The general public refuses to use them, or just collects them and they never circulate.
- protomyth 8y agoYes, but the US has never removed the paper money.
- XalvinX 8y agoI don't understand what you mean. They removed the paper money the explicit said "this is good for one silver dollar and can be exchanged at the US Mint at any time" (those were called "Silver Certificates" and look a lot like the dollar bills around nowadays, without the promise. Now it says "backed by the faith and credit of the US government" (or similar) ....so "backed by a bunch of hot air" basically. HUGE DIFFERENCE.
- protomyth 8y agoThey did not remove the $1 bill when the redid the $1 coin.